NOT LISTED FOR SALE

Estimated Value: $520,000 - $644,000

4 Beds
2 Baths
2,200 Sq Ft
$261/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $430,000 $195 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,757/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Saco Middle School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of May 2021

Do not miss out on this perfectly located duplex with growth opportunity! Both units have been well maintained and there is potential to expand the second unit to the third floor space. The large two car garage has extra tall ceilings for truck storage, home gym use, or a workshop. It also provides a finished space above for a potential third rental income. Conveniently situated just a short distance to Thornton Academy and down the street from the Saco Valley Shopping Center.

Last Agent to Sell the Property

Hannah Finegold

Real Broker Listed on: 03/23/2021

Last Buyer's Agent

Calvin Shelley

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,824

Year Built

  • Built in 1878

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Attic

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Dirt Floor

Outdoor Features

  • Deck
  • Shed
  • Outbuilding

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Hot Water Heating System
  • Power Generator
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 285
  • Assessor Parcel Number SACO-000038-000285

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $3,500
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,824

Year Built

Built in 1878

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 5 (Bradley St.) Going West- building is on the left.
  • Above Grade Finished Sq Ft: 2200.0
  • Architectural Style: Duplex, Colonial
  • Garage Yn: Yes
  • Year Built: 1878
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2200.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 36000.0
  • Income Expenses Operating Expenses: 3499.84
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Style:Duplex: Yes
  • Amenities:Attic: Yes
  • Equipment:Generator: Yes
  • Vehicle Storage:Heated: Yes
  • Heat System:Space Heater: Yes
  • Basement Entry:Exterior Only: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Dirt Floor, Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Laminate
  • Interior Amenities: Attic, Bathtub, One-Floor Living, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Heated Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: 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: 10890.0
  • Parcel #: SACO-000038-000285
  • Zoning: R3

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36000.0
  • Annual Operating Expense: 3499.84

Tax Info

  • Tax Annual Amount: 4824.0
  • Tax Book Number: 17330
  • Tax Lot: 285
  • Tax Map Number: 38
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
May 21, 2021
Sold by
Linscott Andrew J and King Karen E
Bought by
Mcguire Walter W
Seller's Agent
Hannah Finegold
Real Broker
Buyer's Agent
Calvin Shelley
Keller Williams Realty
List Price
$349,900
Sold Price
$430,000
Premium/Discount to List
$80,100
22.89%
Current Estimated Value
$573,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,322
Avg. Annual Appreciation
8.07%
Original Mortgage
$422,211
Outstanding Balance
$390,659
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$200,895

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 28, 2016
Sold by
Jean James M and Jean Leclair
Bought by
King Karen E and Linscott Andrew J
Seller's Agent
Deana Burke
Assist-2-Sell Home Team Advantage
Buyer's Agent
Steve Andreades
Keller Williams Realty
List Price
$259,000
Sold Price
$257,000
Premium/Discount to List
-$2,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Original Mortgage
$252,345
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Mcguire Walter W -- None Available
Mcguire Walter W -- None Available
King Karen E -- --
King Karen E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguire Walter W $30,000
Open Mcguire Walter W $422,211
Closed Mcguire Walter W $422,211
Previous Owner King Karen E $252,345
Previous Owner James & Jean Leclair Ret $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $430,000 +22.9% $195 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $349,900 +36.1% $159 / Sq Ft
09/26/2016 09/26/16 Sold $257,000 -0.8% $117 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $259,000 -- $118 / 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 $6,896 $490,800 $96,200 $394,600
2023 $7,239 $490,800 $96,200 $394,600
2022 $5,435 $296,500 $73,300 $223,200
2021 $5,183 $274,500 $66,200 $208,300
2020 $4,896 $248,900 $57,600 $191,300
2019 $4,824 $248,900 $57,600 $191,300
2018 $4,356 $244,700 $53,400 $191,300
2017 $4,486 $231,500 $53,400 $178,100
2016 $4,647 $239,300 $49,700 $189,600
2015 $4,559 $237,200 $49,700 $187,500
2014 $4,417 $237,200 $49,700 $187,500
2013 $4,407 $237,200 $49,700 $187,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1485232

Maine Listings

APN: SACO-000038-000285