NOT LISTED FOR SALE

503 Flag Pond Rd Saco, ME 04072

Estimated Value: $432,000 - $522,000

3 Beds
1.5 Baths
1,814 Sq Ft
$264/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $420,000 $232 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,087/month

4 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Main Floor Bedroom
  • Saco Middle School Rated A-
  • Raised Ranch Architecture
  • 1 Fireplace

About This Home

As of March 2023

Perfectly situated on a corner lot, this delightful and meticulously cared for raised ranch has it all. This 3-bedroom, 2 bathroom home features multiple heat sources including an efficient pellet stove. Don't forget about the cozy gas fireplace! You will also appreciate the convenience of a generator hook-up and a new AC unit installed in the living room. Enjoy great peace of mind with the newer roof and windows; all installed in 2020. The kitchen features a new stainless-steel refrigerator, and all other appliances were replaced within the last few years.

Off the dining room you are greeted by a large sliding glass door which leads straight to a new two-level composite deck and swimming pool. This is the perfect back yard to host your summer gatherings with friends and family. You will love the beautiful bay window in the living room which fills the space with endless sunlight. The main floor bathroom features updates which include a large double vanity offering ample space.

The lower level consists of three additional finished rooms, one of which could be used as a second family room and spans the width of the house. There's a second large bathroom with laundry hook-ups and tons of storage. Additionally, you have direct walk out access to the 2-car garage.

This charming home is move-in ready and sure to please. You do not want to miss an opportunity like this! Schedule your private showing now.

Last Agent to Sell the Property

Robert Queen II

Regency Realty Group Listed on: 01/26/2023

Last Buyer's Agent

Aimee Ramirez

Cates Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,900

Year Built

  • Built in 1977

Lot Details

  • 0.97 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned C-1

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Fireplace

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Above Ground Pool
  • Deck
  • Shed

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Kerosene
  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Generator Hookup
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 030
  • Assessor Parcel Number SACO-000109-000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,900

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.97
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Cascade Road, turn onto Flag Pond Road for approximately 4 miles. House will be on the right.
  • Above Grade Finished Sq Ft: 1056.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Year Built: 1977
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.97
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1056.0
  • Property Information:SqFt Finished Below Grade: 758.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Water:Private2: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Cable: Yes
  • Heat Fuel:Pellets: Yes
  • Cooling:AC Units: Yes
  • Amenities:Pool-Above Ground: Yes
  • Style:Raised Ranch: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 758.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First

Exterior Features

  • Lot Features: Corner Lot, Level, Near Town
  • Pool Features: Above Ground
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Other, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 42253.2
  • Parcel #: SACO-000109-000030
  • Zoning: C-1

Tax Info

  • Tax Annual Amount: 4900.0
  • Tax Book Number: 16987
  • Tax Lot: 030
  • Tax Map Number: 109
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Mar 3, 2023
Sold by
Fortunato Denise L and Smith Erik D
Bought by
Gomez Shannon
Seller's Agent
Robert Queen II
Regency Realty Group
Buyer's Agent
Aimee Ramirez
Cates Real Estate
List Price
$389,900
Sold Price
$420,000
Premium/Discount to List
$30,100
7.72%
Current Estimated Value
$478,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,400
Avg. Annual Appreciation
7.32%
Original Mortgage
$399,000
Outstanding Balance
$390,466
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,705

Purchase Details

Closed on
Mar 24, 2015
Sold by
Smith Gordon L and Smith Rose M
Bought by
Fortunato Denise L and Smith Erik D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,193
Interest Rate
3.6%
Mortgage Type
Unknown
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
Gomez Shannon $420,000 None Available
Fortunato Denise L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Shannon $399,000
Previous Owner Fortunato Denise L $165,000
Previous Owner Fortunato Denise L $167,000
Previous Owner Fortunato Denise L $172,193
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $420,000 +7.7% $232 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $389,900 -- $215 / 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 $5,196 $369,800 $148,000 $221,800
2023 $5,455 $369,800 $148,000 $221,800
2022 $4,900 $267,300 $112,600 $154,700
2021 $4,745 $251,300 $101,300 $150,000
2020 $4,461 $226,800 $89,300 $137,500
2019 $4,395 $226,800 $89,300 $137,500
2018 $4,236 $218,600 $81,100 $137,500
2017 $4,070 $210,000 $74,100 $135,900
2016 $3,492 $179,800 $56,500 $123,300
2015 $3,427 $178,300 $56,500 $121,800
2014 $3,344 $179,600 $57,800 $121,800
2013 $3,337 $179,600 $57,800 $121,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1551454

Maine Listings

APN: SACO-000109-000030