NOT LISTED FOR SALE

566 Main St Springvale, ME 04083

Estimated Value: $399,000 - $509,000

4 Beds
3 Baths
3,075 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $305,000 $99 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,961/month

89 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • No HOA
  • Colonial Architecture
  • Corner Lot
  • Porch

About This Home

As of June 2021

Well-maintained 3-unit in the heart of Springvale boasting two 1-bedroom units renting for $850/month and a 2 bedroom unit renting for $1100/month. Light and bright interior with hardwood floors and bay windows. Laundry hook-ups in first floor units. Wrap-Around porch and plenty of off-street parking. Would make great owner-occupied building, offsetting your mortgage with the rental units.

Last Listed By

Keri Walker

Pack Maynard and Associates Brokerage Phone: 207-967-9900 Listed on: 05/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,375

Year Built

  • Built in 1910

Lot Details

  • 0.31 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,075 Sq Ft Home
  • 2-Story Property
  • Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Porch

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number SANF-000009-K000018

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $4,800
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,375

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1009
  • Co List Office Phone: 207-967-9900
  • MLS Status: Closed
  • Directions: On the corner of Main and Witham in Springvale Village
  • Above Grade Finished Sq Ft: 3075.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1910
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.31
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3075.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 33600.0
  • Income Expenses Operating Expenses: 4800.0
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Foundation Materials:Granite2: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Exterior Entry
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Laminate, Carpet
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Landscaped, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Granite
  • Patio And Porch Features: Porch
  • Roof: Fiberglass
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • 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: No

Schools

  • Junior High Dist: Sanford Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13503.6
  • Parcel #: SANF-000009-K000018
  • Zoning: UB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33600.0
  • Annual Operating Expense: 4800.0

Tax Info

  • Tax Annual Amount: 4375.0
  • Tax Book Number: 17604
  • Tax Lot: 9
  • Tax Map Number: K18
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 30, 2021
Sold by
Hartnett Clayton B
Bought by
Liversidge Kelsey
Seller's Agent
Keri Walker
Pack Maynard and Associates
Buyer's Agent
Jennifer Sweeney
Coldwell Banker Realty
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%
Total Days on Market
89
Current Estimated Value
$446,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,064
Avg. Annual Appreciation
13.57%
Original Mortgage
$299,475
Outstanding Balance
$276,972
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$225,361

Purchase Details

Closed on
Nov 14, 2017
Sold by
Drummey Thomas M
Bought by
Hartnett Clayton B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,070
Interest Rate
3.75%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Liversidge Kelsey -- None Available
Hartnett Clayton B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liversidge Kelsey $299,475
Previous Owner Hartnett Clayton B $209,070
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $305,000 +2.0% $99 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $299,000 -- $97 / 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 $5,563 $344,700 $41,700 $303,000
2023 $5,176 $341,900 $41,700 $300,200
2022 $5,060 $341,900 $41,700 $300,200
2021 $4,427 $243,500 $41,700 $201,800
2020 $4,375 $217,000 $41,700 $175,300
2019 $4,244 $205,000 $41,700 $163,300
2018 $4,203 $205,000 $41,700 $163,300
2017 $4,252 $205,000 $41,700 $163,300
2016 $4,061 $178,600 $41,700 $136,900
2015 $4,020 $182,400 $42,900 $139,500
2014 $3,943 $182,400 $42,900 $139,500
2013 -- $182,400 $42,900 $139,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1481294

Maine Listings

APN: SANF-000009-K000018