NOT LISTED FOR SALE

Estimated Value: $1,734,000 - $3,622,000

4 Beds
2 Baths
2,095 Sq Ft
$1,220/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $1,250,000 $597 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $15,368/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 100 Feet of Waterfront
  • 1.41 Acre Lot
  • Saco Middle School Rated A-
  • Country Club
  • Deck

About This Home

As of June 2018

Spectacular oceanfront home with legal apartment and fully surveyed, 2nd lot on Seaside Avenue. Spacious, estate-like setting with panoramic ocean views and private path to beach. Established rental history. Perfect family estate, or development opportunity. Enjoy the ocean breezes, and 7 mile white sandy beach from the expansive decks and ocean side lawn area; and rinse off in the large outdoor shower after a day of fun by the sea. There's plenty of parking for family and friends, and lots of privacy for all to enjoy.

Last Agent to Sell the Property

Sandra Murray

Keller Williams Realty Listed on: 03/21/2018

Keller Williams Realty

Last Buyer's Agent

Kelley Skillin-Smith

Century 21 First Choice Realty

Century 21 First Choice Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,638

Year Built

  • Built in 1937

Lot Details

  • 1.41 Acre Lot
  • 100 Feet of Waterfront
  • Ocean Front
  • Landscaped
  • Level Lot
  • Property is zoned R-1C

Home Design

  • New Englander Architecture
  • Cottage
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,095 Sq Ft Home
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Water Views
  • Interior Basement Entry

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Access to Tidal Water
  • Deck

Location

  • Property is near a golf course

Utilities

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

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number 425Seaside AvenueSaco010017

Community Details

Overview

  • No Home Owners Association
  • Kinney Shores Subdivision
  • Near Conservation Area

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,638

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.41
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Kinney Shores
  • Directions: West Grand Avenue or Ferry Road to Seaside Avenue to #425.
  • Above Grade Finished Sq Ft: 2095.0
  • Architectural Style: Cottage, New Englander
  • Year Built: 1937
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 596.66
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.41
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2095.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Family Room:Family Room: Yes
  • Great Room:Great Room: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Amenities:In-Law Apartment: Yes
  • Location:Abuts Conservation: Yes
  • Style:New Englander: Yes
  • Recreational Water:Beach Rights: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Spectacular oceanfront home with legal apartment and fully surveyed, 2nd lot on Seaside Avenue. Spacious, estate-like setting with panoramic ocean views and private path to beach. Established rental history. Perfect family estate, or development opportunity. Enjoy the ocean breezes, and 7 mile white sandy beach from the expansive decks and ocean side lawn area; and rinse off in the large outdoor shower after a day of fun by the sea. There's plenty of parking for family and friends, and lots of rivacy for all to enjoy.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Disposal, Dishwasher
  • Has Basement: Other, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, In-Law Floorplan
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Landscaped, Abuts Conservation, Near Golf Course, Near Shopping
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 61419.6
  • Parcel #: 425Seaside AvenueSaco010017
  • Zoning: R-1C

Tax Info

  • Tax Annual Amount: 12638.0
  • Tax Lot: 017
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2019
Sold by
Gregory S Patterson T
Bought by
Patterson Gregory S and Patterson Heather L
Current Estimated Value
$2,556,208

Purchase Details

Closed on
Jul 17, 2019
Sold by
Patterson Gregory S
Bought by
5 Star Day Llc

Purchase Details

Closed on
Jul 8, 2019
Sold by
425 Seaside Inc
Bought by
Patterson Gregory S

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jun 22, 2018
Sold by
5 Star Seaside Llc
Bought by
425 Seaside Inc
Seller's Agent
Sandra Murray
Keller Williams Realty
Buyer's Agent
Kelley Skillin-Smith
Century 21 First Choice Realty
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$750,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2016
Sold by
Td Bank Na
Bought by
5 Star Seaside Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$884,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
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
Patterson Gregory S -- --
Patterson Gregory S -- --
Patterson Gregory S -- --
5 Star Day Llc -- --
5 Star Day Llc -- --
5 Star Day Llc -- --
Patterson Gregory S -- --
Patterson Gregory S -- --
Patterson Gregory S -- --
425 Seaside Inc -- --
425 Seaside Inc -- --
Gregory S Patterson T -- --
Gregory S Patterson T S -- --
Gregory S Patterson T S -- --
5 Star Seaside Llc -- --
5 Star Seaside Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gregory S Patterson T S $750,000
Previous Owner 425 Seaside Inc $250,000
Previous Owner 5 Star Seaside Llc $884,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2018 06/21/18 Sold $1,250,000 -3.5% $597 / Sq Ft
03/24/2018 03/24/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $1,295,000 -- $618 / 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 $23,537 $1,675,200 $714,900 $960,300
2023 $24,709 $1,675,200 $714,900 $960,300
2022 $22,460 $1,225,300 $544,000 $681,300
2021 $21,995 $1,165,000 $514,700 $650,300
2020 $21,312 $1,083,500 $503,000 $580,500
2019 $15,483 $798,900 $503,000 $295,900
2018 $13,566 $700,000 $516,900 $183,100
2017 $12,397 $639,700 $469,900 $169,800
2016 $12,914 $665,000 $468,700 $196,300
2015 $11,555 $601,200 $407,300 $193,900
2014 $10,842 $582,300 $388,400 $193,900
2013 $10,778 $580,100 $386,200 $193,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1342201

Maine Listings

APN: SACO-000010-000017