NOT LISTED FOR SALE

426 Main St Unit A/B/C Springvale, ME 04083

Estimated Value: $675,000 - $769,000

-- Bed
6 Baths
5,407 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $525,000 $97 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,688/month

41 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • 92 Feet of Waterfront
  • Colonial Architecture
  • 4-minute walk to Pence Park

About This Home

As of November 2021

Enjoy the life-altering effects of a waterfront home, AND earn income while doing so? Yes, please! This single family waterfront home, built in 2001, has a 1900's duplex on the same lot. The single family has 4 bedrooms, 2 baths, a partially finished basement that walks right out to the calming waterfront of the Mousam River. Each of the other two units have 1798 sq feet of living space (3596 sq ft total), with 3 bedrooms and 1.5 baths on each side. Each unit has it's own 1st floor laundry and has been updated. The single family home is spacious and comfortable, with a wrap-around deck to capture the sunrises and sunsets. So close to town, and so close to nature. Best of all worlds! (Reference MLS 1506089, Residential)

Last Agent to Sell the Property

Elizabeth Foley

RE/MAX Realty One Brokerage Phone: 207-967-9900 Listed on: 07/27/2021

RE/MAX Realty One

Last Buyer's Agent

Adam Hedio

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,687

Year Built

  • Built in 1901

Lot Details

  • 0.33 Acre Lot
  • 92 Feet of Waterfront
  • Landscaped
  • Wooded Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • Duplex
  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Nearby
  • Docks
  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 0041
  • Assessor Parcel Number SANF-000041-L000014

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $23,164
  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,687

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • Water Body Name: Mousam River
  • MLS Status: Closed
  • Directions: From Sanford, follow Rte 109 to Springvale. Go past the 4 way intersection, property will be right before the Rec parking lot, on the same side. Look for sign.
  • Above Grade Finished Sq Ft: 4860.0
  • Architectural Style: Other, Colonial
  • Garage Yn: No
  • Efficiency: Ceiling Fans
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1901
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4860.0
  • Property Information:SqFt Finished Below Grade: 547.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: 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
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 50400.0
  • Income Expenses Operating Expenses: 23164.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:RiverBrookStream: Yes
  • Water Info:Waterfront Amount -: 92.0
  • Water Info:Water Frontage Owned -: 92.0
  • Recreational Water:Deeded: Yes
  • Site:Wooded: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Water Info:Island3: No
  • Recreational Water:Dock: Yes
  • Structure Type:Duplex3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Interior, Walk-Out Access, Daylight, Finished, Full, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Below Grade Sq Ft: 547.0
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic
  • Full Basement: Yes

Exterior Features

  • Lot Features: Well Landscaped, Sidewalks, Wooded, Near Town
  • View: Scenic
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Sanford Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14374.8
  • Parcel #: SANF-000041-L000014
  • Zoning: UB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 50400.0
  • Annual Operating Expense: 23164.0

Tax Info

  • Tax Annual Amount: 8687.0
  • Tax Book Number: 17757
  • Tax Lot: 0041
  • Tax Map Number: OL14
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Nov 12, 2021
Sold by
Patricia E Delaney Ret and Delaney
Bought by
Clark Jason T and Fuentes Maynor R
Seller's Agent
Elizabeth Foley
RE/MAX Realty One
Buyer's Agent
Adam Hedio
Coldwell Banker Realty
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Current Estimated Value
$707,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,964
Avg. Annual Appreciation
8.28%
Original Mortgage
$505,672
Outstanding Balance
$465,673
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$242,291
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
Clark Jason T -- None Available
Clark Jason T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Jason T $505,672
Previous Owner Redelaney Patricia $141,711
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $525,000 -4.4% $97 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $549,000 -- $102 / 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 $10,057 $623,100 $51,900 $571,200
2023 $9,352 $617,700 $51,900 $565,800
2022 $9,142 $617,700 $51,900 $565,800
2021 $8,714 $479,300 $51,900 $427,400
2020 $8,183 $430,900 $51,900 $379,000
2019 $7,191 $347,400 $51,900 $295,500
2018 $6,251 $341,600 $51,900 $289,700
2017 $7,025 $338,700 $51,900 $286,800
2016 $6,736 $296,200 $51,800 $244,400
2015 $6,251 $293,600 $53,700 $239,900
2014 $6,447 $293,600 $53,700 $239,900
2013 -- $308,200 $53,700 $254,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1502570

Maine Listings

APN: SANF-000041-L000014