Seller's Agent in 2025
Brian Samia
Century 21 North East
(207) 651-7188
29 in this area
164 Total Sales
446 Main St Springvale, ME 04083
Estimated Value: $489,902
5
Beds
3
Baths
4,048
Sq Ft
$121/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- 3-minute walk to Pence Park
- Corner Lot
- Baseboard Heating
About This Home
As of April 2023Prime mixed-use investment opportunity in the heart of downtown Springvale, ME!
This well-maintained building features a fully leased first-floor commercial space currently occupied by a successful restaurant, offering strong and steady income. The second floor includes two spacious, fully rented 3-bedroom apartments, providing additional reliable revenue. With its quality construction, high-visibility location, and stable tenant base, this property is an exceptional opportunity for investors seeking a turnkey asset in a thriving downtown setting. Excellent location, solid returns, and long-term potential — a must-see addition to any portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,243
Year Built
- Built in 1940
Lot Details
- 3,485 Sq Ft Lot
- Corner Lot
- Interior Lot
- Open Lot
Home Design
- Concrete Foundation
- Block Foundation
- Stone Foundation
- Membrane Roofing
- Vinyl Siding
- Concrete Perimeter Foundation
- Masonry
- Stucco
Interior Spaces
- 3 Full Bathrooms
- 4,048 Sq Ft Home
- Fireplace Features Blower Fan
Flooring
- Wood
- Vinyl
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Interior Basement Entry
Parking
- Common or Shared Parking
- Gravel Driveway
- Shared Driveway
- On-Street Parking
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number SANF-000009-K000015
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $8,240
- Gross Income $52,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2023
Closed on
Apr 7, 2023
Sold by
Gmmg Properties Llc
Bought by
Corleone Rt
Seller's Agent
Fred Andrews
Spectrum Real Estate
Buyer's Agent
Amanda James
Spectrum Real Estate
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,902
Avg. Annual Appreciation
17.95%
Purchase Details
Closed on
Mar 26, 2018
Sold by
Seferlis John G and Seferlis John
Bought by
446 Main Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
4.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 16, 2013
Sold by
Seferlis Andrea R
Bought by
Seferlis John G
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Corleone Rt | -- | None Available | |
| 446 Main Street Llc | -- | -- | |
| Seferlis John G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 446 Main Street Llc | $172,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $499,900 | +66.6% | $123 / Sq Ft | |
| 04/07/2023 04/07/23 | Sold | $300,000 | -7.7% | $74 / Sq Ft | |
| 02/22/2023 02/22/23 | Pending | -- | -- | -- | |
| 02/21/2023 02/21/23 | For Sale | $325,000 | +21.5% | $80 / Sq Ft | |
| 06/30/2022 06/30/22 | Sold | $267,500 | -10.5% | $66 / Sq Ft | View Prior Sale |
| 06/06/2022 06/06/22 | Pending | -- | -- | -- | |
| 05/27/2022 05/27/22 | For Sale | $299,000 | -- | $74 / Sq Ft |
Source: Maine Listings
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 |
|---|---|---|---|---|
| 2025 | $4,903 | $286,700 | $33,700 | $253,000 |
| 2024 | $4,627 | $286,700 | $33,700 | $253,000 |
| 2023 | $4,341 | $286,700 | $33,700 | $253,000 |
| 2022 | $4,243 | $286,700 | $33,700 | $253,000 |
| 2021 | $2,180 | $119,900 | $33,700 | $86,200 |
| 2020 | $2,306 | $114,400 | $33,700 | $80,700 |
| 2019 | $2,368 | $114,400 | $33,700 | $80,700 |
| 2018 | $2,345 | $114,400 | $33,700 | $80,700 |
| 2017 | $2,373 | $114,400 | $33,700 | $80,700 |
| 2016 | $2,420 | $106,400 | $27,200 | $79,200 |
| 2015 | $2,345 | $106,400 | $27,200 | $79,200 |
| 2014 | $2,300 | $106,400 | $27,200 | $79,200 |
| 2013 | -- | $106,400 | $27,200 | $79,200 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Samia
-
Fred Andrews
Seller's Agent in 2023
Fred Andrews
Spectrum Real Estate
(207) 233-6699
5 in this area
113 Total Sales
-
Amanda James
Buyer's Agent in 2023
Amanda James
Spectrum Real Estate
(207) 310-4482
1 in this area
7 Total Sales
-
John Caramihalis
Seller's Agent in 2022
John Caramihalis
Better Homes & Gardens Real Estate/The Masiello Group
(207) 651-0242
9 in this area
89 Total Sales
Map
Source: Maine Listings
MLS Number: 1552710
APN: SANF-000009-K000015
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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