NOT LISTED FOR SALE

5 Academy Place Unit 57 Saco, ME 04072

Central Saco Neighborhood

Estimated Value: $288,000 - $300,502

2 Beds
1 Bath
891 Sq Ft
$240/mo HOA Fee

Last Sold November 14, 2013

Last sale price $80,000 $90 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $2,106/month

70 Days on Market

Highlights

  • Main Floor Bedroom
  • Living Room
  • Dining Room
  • Saco Middle School Rated A-
  • Landscaped
  • Hot Water Heating System

About This Home

As of November 2013

Opportunity knocking! Minutes to all the attractions of Saco and Old Orchard Beach and minutes to THE BEACH! 2 bedroom 1 bath 1st floor condo in excellent condition -THE SELLER IS ALSO OFFERING 3% CLOSING COSTS ON ANY FINANCED TRANSACTION

Last Agent to Sell the Property

Charles Bradford

Bean Group Listed on: 08/14/2013

Co-Listed By

Sandra Bradford

Bean Group

Last Buyer's Agent

Gloria Macgregor

RE/MAX By The Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1985

Lot Details

  • 4,835

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Masonry

Interior Spaces

  • 891 Sq Ft Home
  • Living Room
  • Dining Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

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

Utilities

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

Additional Features

  • Landscaped
  • Suburban Location

Listing and Financial Details

  • Tax Lot 4-57
  • Assessor Parcel Number 5Academy Place57Saco334-57

Community Details

Overview

  • 8 Units
  • Academy Place Condo Association Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,866

Year Built

Built in 1985

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2163
  • Co List Office Phone: 207-247-3232
  • MLS Status: Closed
  • Subdivision Name: Academy Place Condo Association
  • Directions: Rt. #1 in Saco south from Turnpike spur interchange to left on Smith Lane to right into Academy Place - loop around to Building #5 and park in space #57
  • Above Grade Finished Sq Ft: 891.0
  • Architectural Style: Garden
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 891.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 240.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 8
  • Style:Garden: Yes
  • Driveway:Common2: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Basement:Slab2: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Property Information:Deed Restrictions: Yes
  • Utility Info Electric On Site: Yes
  • Exterior:Brick: Yes
  • Restrictions:Pet Weight Limit: Yes
  • Construction:Masonry: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Near Shopping, Neighborhood, Subdivided, Suburban
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: On Site
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Size Limit

Lot Info

  • Land Lease: No
  • Parcel #: 5Academy Place57Saco334-57
  • Zoning: CONDO MDL-05

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 15451
  • Tax Lot: 4-57
  • Tax Map Number: 33
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2015
Sold by
Hilton Richard
Bought by
Montgomery Barbara and Hilton Richard
Total Days on Market
70
Current Estimated Value
$293,126

Purchase Details

Listed on
Aug 14, 2013
Closed on
Nov 18, 2013
Sold by
Jp Morgan Chase Bank Na
Bought by
Hilton Richard
Seller's Agent
Charles Bradford
Bean Group
Buyer's Agent
Gloria Macgregor
RE/MAX By The Bay
List Price
$89,100
Sold Price
$80,000
Premium/Discount to List
-$9,100
-10.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%

Purchase Details

Closed on
Jul 25, 2013
Sold by
Jp Morgan Chase Bank Na
Bought by
Jp Morgan Chase Bank Na

Purchase Details

Closed on
Jul 10, 2008
Sold by
Seaside Family Lp
Bought by
Cote Wanda L and Cote Jeffrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,600
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Montgomery Barbara -- --
Hilton Richard $80,000 --
Jp Morgan Chase Bank Na -- --
Cote Wanda L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cote Wanda L $132,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2013 11/14/13 Sold $80,000 -10.2% $90 / Sq Ft
10/26/2013 10/26/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $89,100 -- $100 / 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 $2,866 $204,000 $77,000 $127,000
2023 $3,009 $204,000 $77,000 $127,000
2022 $2,698 $147,200 $58,700 $88,500
2021 $2,577 $136,500 $53,700 $82,800
2020 $2,465 $125,300 $51,200 $74,100
2019 $2,428 $125,300 $51,200 $74,100
2018 $2,333 $120,400 $46,300 $74,100
2017 $2,349 $121,200 $46,300 $74,900
2016 $2,214 $114,000 $39,100 $74,900
2015 $2,191 $114,000 $39,100 $74,900
2014 $2,143 $115,100 $40,200 $74,900
2013 $2,139 $115,100 $40,200 $74,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Charles Bradford

    Bean Group

  • S

    Seller Co-Listing Agent in 2013

    Sandra Bradford

    Bean Group

  • G

    Buyer's Agent in 2013

    Gloria Macgregor

    RE/MAX

See All Agents

Map

Source: Maine Listings

MLS Number: 1106781

Maine Listings

APN: SACO-000033-000004-000000-000057

Maine York County Saco 04072 Central Saco

5 Academy Place Unit 57, Saco, ME

This home is located at 5 Academy Place Unit 57, Saco, ME 04072 since 14 August 2013 and is currently estimated at $293,126, approximately $328 per square foot. This property was built in 1985. 5 Academy Place Unit 57 is a home located in York County with nearby schools including C K Burns School, Saco Middle School, and Saint James School.

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