$287,000

5 Academy Place Unit 57 Saco, ME 04072

Central Saco Neighborhood

Estimated payment $2,235/month

Total Views 8,601
2 Beds
1 Bath
891 Sq Ft
$322 Price per Sq Ft

Highlights

  • Nearby Water Access
  • Public Beach
  • Interior Lot
  • Saco Middle School Rated A-
  • Deck
  • Living Room

About This Home

Freshly updated two-bedroom, one bath, first-floor living condo unit available now! Terrific location in downtown SACO. Very walkable to many restaurants, shopping, banking, and Thornton Academy District. Enjoy coastal living with Old Orchard Beach only 3 miles away.
The condo is situated in the far back corner of development with peace and privacy. The unit is beautifully landscaped and updated with a porch made of high-quality decking, a ramp, eye-catching curb appeal, and a large side yard.
The kitchen has hickory wood cabinets and lightly used appliances. The seller went above and beyond to update this unit when they bought it. Also has added water filtration system for extra purification of Town water. The bathroom has extra handrails for support and safety, along with updated plumbing. The unit has many closets for extra storage throughout. The unit has added protection of an installed Knox box so firefighters can enter at any time. The HOA fees include many extras, such as trash pick up, plowing, Wi-Fi and cable.

Listing Agent

Melissa Ryan-Proper

Proper Real Estate Group LLC Listed on: 08/25/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1985

Lot Details

  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 891 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Luxury Vinyl Tile Flooring
  • Interior Basement Entry
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Internet Available
  • Cable TV Available

Community Details

  • 8 Units
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number SACO-000033-000004-000000-000057

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,866

Year Built

Built in 1985

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: GPS, last building in the complex on left -#5
  • Above Grade Finished Sq Ft: 891.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 891.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 475.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 8
  • Style:Garden: Yes
  • Driveway:Common2: Yes
  • Amenities:One-Floor Living: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Equipment:Cable: Yes
  • Exterior:Brick: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Interior
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, One-Floor Living
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Well Landscaped, Open, Level, Sidewalks, Interior Lot, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Brick, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Reserved Parking, Paved, Common

Utilities

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

Condo/Co-op/Association

  • Association Fee: 475.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: SACO-000033-000004-000000-000057
  • Zoning: R4

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 2866.0
  • Tax Book Number: 16979
  • Tax Lot: 004
  • Tax Map Number: 033
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 For Sale $287,000 +258.8% $322 / Sq Ft
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

Purchase History

Date Type Sale Price Title Company
Not Resolvable -- --
Not Resolvable $80,000 --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $132,600 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1635496

Maine Listings

APN: SACO-000033-000004-000000-000057