NOT LISTED FOR SALE

5 Academy Place Unit 58 Saco, ME 04072

Central Saco Neighborhood

Estimated Value: $280,000 - $285,000

2 Beds
1 Bath
891 Sq Ft
$250/mo HOA Fee

Last Sold June 13, 2018

Last sale price $135,000 $152 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,970/month

2 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Forced Air Heating System
  • Saco Middle School Rated A-
  • Air Conditioning
  • Hot Water Heating System

About This Home

As of June 2018

Well maintained first floor unit in the last building to the left rear of development. Unit is back left in building giving it a very quiet location. Academy Place is conveniently close to shopping, restaurants, turnpike entrance, area beaches and more. Association pays for heat, hot water, water, sewer, plowing, trash and is pet friendly allowing up to 2 pets. There is additional storage for larger or seasonal items. Move in condition. Notice required.

Last Agent to Sell the Property

Richard Buffum

Bean Group Listed on: 04/23/2018

Last Buyer's Agent

Jaime Clark-Richardson

Whitten Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,349

Year Built

  • Built in 1985

Lot Details

  • 4,792

HOA Fees

  • $250 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 891 Sq Ft Home
  • Multi-Level Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Internet Available
  • Cable TV Available

Additional Features

  • Deck
  • Open Lot
  • City Lot

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 058 / 004
  • Assessor Parcel Number SACO-000033-000004-000000-000058

Community Details

Overview

  • 8 Units
  • Academy Place Subdivision
  • FHA/VA Approved Complex
  • The community has rules related to deed restrictions

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,349

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Academy Place
  • Directions: From Rt.#1 Saco turn onto Smith Lane (adjacent to Pizza Hut & KFC). Turn right into Academy Place. Building #5 is last building in the far left corner of the campus.
  • Above Grade Finished Sq Ft: 891.0
  • Architectural Style: Multi-Level
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 151.52
  • 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
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 250.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 8
  • Driveway:Common2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Gas:No Gas: Yes
  • Style:Multi-Level: Yes
  • Basement:Slab2: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Exterior:Brick: Yes
  • Cooling:AC Units: Yes
  • Condominium:Total Units4: 72
  • Restrictions:_two_ Pets: Yes
  • Condominium:VA Certification: No
  • Restrictions:Pet Weight Limit: Yes
  • Construction:Masonry: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: How would you like to live in your own place for likely less than you would have to pay for rent? Priced at $135,000, this unit at Academy Place could be it!! Located to the rear of the property allows for very private, quiet living in a condo setting with deck to enjoy the seasons. Just a few minutes to shopping, restaurants, beaches, turnpike access and more. Units here sell quickly so don't delay.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Brick, Other, Masonry
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets, Size Limit

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: SACO-000033-000004-000000-000058
  • Zoning: R-4

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 72

Tax Info

  • Tax Annual Amount: 2349.0
  • Tax Block: 004
  • Tax Lot: 058
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
Glenn Scott F
Bought by
Cadorette Tyler
Current Estimated Value
$282,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,200
Outstanding Balance
$153,523
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$128,777

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jun 14, 2018
Sold by
Andersen Peter C
Bought by
Glenn Scott F
Seller's Agent
Richard Buffum
Bean Group
Buyer's Agent
Jaime Clark-Richardson
Whitten Properties
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Original Mortgage
$132,554
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cadorette Tyler -- Stewart Title
Glenn Scott F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cadorette Tyler $169,200
Previous Owner Glenn Scott F $132,554
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2018 06/13/18 Sold $135,000 0.0% $152 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $135,000 -- $152 / 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 $1,923 $120,400 $46,300 $74,100
2017 $1,961 $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 -- $115,100 $40,200 $74,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1346427

Maine Listings

APN: SACO-000033-000004-000000-000058