NOT LISTED FOR SALE

411 Main St Springvale, ME 04083

Estimated Value: $324,000 - $433,000

6 Beds
2 Baths
1,728 Sq Ft
$210/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $217,000 $126 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,223/month

17 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • Porch
  • River Front
  • No HOA
  • Landscaped

About This Home

As of August 2020

This multi family has 2 Three bedroom units! One is rented for $1,200 with no utilities included and the other is vacant. Live in one unit and have the other pay for your mortgage. Both apartments have been renovated throughout. They both have W/D hookups in unit, double living rooms, 3 bedrooms, 1 bath. Recent updates include: All new flooring throughout the building, updated bathroom, Kitchen Cabinets. Separate electricity and 2 Separate furnaces, both replaced in 2000. Roof was replaced in 2004. Located in Springvale on a fenced in lot with nice back yard, walk to the restaurants, shops, and swimming. Inspected and passed by town of Sanford rental program. Maintenance free & Great rental history!

Last Agent to Sell the Property

Nathan MCCABE

Portside Real Estate Group Listed on: 06/20/2020

Last Buyer's Agent

Melanie Graham

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,581

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • River Front
  • Landscaped
  • Level Lot

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,728 Sq Ft Home
  • Water Views
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Assessor Parcel Number SANF-000032-L000014

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,010
  • Gross Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,581

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Water Body Name: Mousam River
  • MLS Status: Closed
  • Directions: 411 Main Street (Route 109) is just past the center of Springvale, heading towards Shapleigh
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1728.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 28200.0
  • Income Expenses Operating Expenses: 5010.0
  • Style:Colonial: Yes
  • Recreational Water:Nearby: Yes
  • Basement Entry:Exterior Only: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Only
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Landscaped, Near Shopping, Near Town
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Common, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 8712.0
  • Parcel #: SANF-000032-L000014
  • Zoning: UB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28200.0
  • Annual Operating Expense: 5010.0

Tax Info

  • Tax Annual Amount: 2581.0
  • Tax Book Number: 18122
  • Tax Lot: 0000
  • Tax Map Number: 0L14
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Aug 25, 2020
Sold by
Mccabe Lauren and Mccabe Nathan
Bought by
Casey Michael and Casey Elena
Seller's Agent
Nathan MCCABE
Portside Real Estate Group
Buyer's Agent
Melanie Graham
RE/MAX Realty One
List Price
$209,000
Sold Price
$217,000
Premium/Discount to List
$8,000
3.83%
Total Days on Market
17
Current Estimated Value
$363,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,299
Avg. Annual Appreciation
9.61%
Original Mortgage
$162,750
Outstanding Balance
$147,350
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$189,409

Purchase Details

Listed on
Oct 27, 2019
Closed on
Dec 13, 2019
Sold by
Ganem Bond N and Ganem Nancy
Bought by
Herzig Lauren F and Mccabe Nathan
Seller's Agent
Chris Griffith
New England Realty Group LLC
Buyer's Agent
Nathan McCabe
Pack Maynard and Associates
List Price
$190,000
Sold Price
$192,000
Premium/Discount to List
$2,000
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.11%
Original Mortgage
$144,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2005
Sold by
Lemay Philip J
Bought by
Bond Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Casey Michael -- None Available
Herzig Lauren F -- New England Title
Bond Nancy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casey Michael $162,750
Previous Owner Herzig Lauren F $144,000
Previous Owner Bond Nancy $115,600
Previous Owner Bond Nancy $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $217,000 +3.8% $126 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $209,000 +8.9% $121 / Sq Ft
12/13/2019 12/13/19 Sold $192,000 +1.1% $111 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/27/2019 10/27/19 For Sale $190,000 -- $110 / 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 $3,543 $219,500 $36,200 $183,300
2023 $3,297 $217,800 $36,200 $181,600
2022 $3,223 $217,800 $36,200 $181,600
2021 $2,823 $155,300 $36,200 $119,100
2020 $3,072 $152,400 $36,200 $116,200
2019 $2,581 $124,700 $36,200 $88,500
2018 $2,506 $124,700 $36,200 $88,500
2017 $2,586 $124,700 $36,200 $88,500
2016 $2,581 $113,500 $36,200 $77,300
2015 $2,506 $113,700 $36,400 $77,300
2014 $2,413 $109,800 $36,400 $73,400
2013 -- $111,600 $36,400 $75,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1454610

Maine Listings

APN: SANF-000032-L000014