NOT LISTED FOR SALE

Estimated Value: $591,000 - $654,000

5 Beds
3 Baths
3,450 Sq Ft
$183/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $485,000 $141 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,722/month

3 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • New Englander Architecture
  • Saco Middle School Rated A-
  • Wood Flooring
  • Main Floor Bedroom

About This Home

As of November 2021

Updated 3 unit and perfect owner occupied investment opportunity, literally close to everything in downtown Saco.... Amazing first floor 2 bdrm owners unit with multiple decks and fireplace,-large 2 bdrm 2nd unit upstairs with amazing expansion space opportunity in attic and private deck- 1 bedroom efficiency apartment too! Brand new roof, newer furnace, 2 brand new owners unit heat pumps offering central a/c. All units tastefully updated, each with own laundry and rents below market. ... Also great storage, attached workshop/shed, and large off street parking lot.
This property is turn key~Bring your best and final.

Last Agent to Sell the Property

Glen Pierce

Bean Group Listed on: 09/23/2021

Last Buyer's Agent

Jessica Wallimann

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,735

Year Built

  • Built in 1878

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,450 Sq Ft Home
  • 1 Fireplace
  • Attic

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior and Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Air Conditioning
  • Zoned Heating
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number SACO-000038-000094

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $4,421
  • Gross Income $41,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,735

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street Saco to Thornton Ave~ property on the right
  • Above Grade Finished Sq Ft: 3450.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1878
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 127.54
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3450.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 41040.0
  • Income Expenses Operating Expenses: 4421.0
  • Parking:On Site2: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Amenities:Attic: Yes
  • Basement:BrickMortar: Yes
  • Water Heater:Oil2: Yes
  • Utility Info Electric On Site: Yes
  • Location:Near Railroad: Yes
  • Style:New Englander: Yes
  • Cooling:AC Units: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Updated 3 unit and perfect owner occupied investment opportunity, literally close to everything in downtown Saco.... Amazing first floor 2 bdrm owners unit with multiple decks and fireplace,-large 2 bdrm 2nd unit upstairs with amazing expansion space opportunity in attic and private deck- 1 bedroom efficiency apartment too! Brand new roof, newer furnace, 2 brand new owners unit heat pumps offering central a/c. All units tastefully updated, each with own laundry and rents below market. ... Also great storage, attached workshop/shed, and large off street parking lot. This property is turn key~Bring your best and final. Call Glen Pierce 207-650-5616
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Walk-Out Access, Full, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Attic, Storage
  • Full Basement: Yes
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Turnpike/Interstate, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: Heat Pump, A/C Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: SACO-000038-000094
  • Zoning: intown

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 41040.0
  • Annual Operating Expense: 4421.0

Tax Info

  • Tax Annual Amount: 4735.0
  • Tax Lot: 94
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 10, 2021
Sold by
Haskell Alex W
Bought by
Moody Steven P and Wallimann Jessica A
Seller's Agent
Glen Pierce
Bean Group
Buyer's Agent
Jessica Wallimann
Vitalius Real Estate Group, LLC
List Price
$440,000
Sold Price
$485,000
Premium/Discount to List
$45,000
10.23%
Current Estimated Value
$620,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,093
Avg. Annual Appreciation
6.44%
Original Mortgage
$363,750
Outstanding Balance
$333,407
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$296,961

Purchase Details

Listed on
Feb 21, 2017
Closed on
Apr 6, 2017
Sold by
Mercier Randall D
Bought by
Haskell Alex W
Seller's Agent
Brett Davis
Brett Davis Real Estate
Buyer's Agent
Glen Pierce
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$279,000
Sold Price
$292,500
Premium/Discount to List
$13,500
4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
Original Mortgage
$287,201
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moody Steven P -- None Available
Haskell Alex W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moody Steven P $363,750
Previous Owner Haskell Alex W $287,201
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2021 11/10/21 Sold $485,000 +10.2% $141 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $440,000 +50.4% $128 / Sq Ft
04/05/2017 04/05/17 Sold $292,500 +4.8% $85 / Sq Ft View Prior Sale
03/02/2017 03/02/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $279,000 -- $81 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,145 $437,400 $134,500 $302,900
2023 $6,452 $437,400 $134,500 $302,900
2022 $5,490 $299,500 $102,400 $197,100
2021 $5,067 $268,400 $94,900 $173,500
2020 $4,735 $240,700 $83,500 $157,200
2019 $4,665 $240,700 $83,500 $157,200
2018 $3,898 $233,100 $75,900 $157,200
2017 $4,089 $231,000 $75,900 $155,100
2016 $4,189 $215,700 $60,000 $155,700
2015 $4,102 $213,400 $60,000 $153,400
2014 $3,974 $213,400 $60,000 $153,400
2013 $3,933 $211,700 $60,000 $151,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1509855

Maine Listings

APN: SACO-000038-000094