NOT LISTED FOR SALE

Estimated Value: $2,471,305

3 Beds
2.5 Baths
2,640 Sq Ft
$936/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $2,000,000 $758 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $13,885/month

137 Days on Market

Highlights

  • 2,500 Feet of Waterfront
  • 29.47 Acre Lot
  • Farm
  • View of Trees or Woods
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of October 2023

Whether you have dreams of a gentleman's farm, an equestrian center, a wedding and events venue, or your own private riverfront oasis, this unique property checks all the boxes! The thirty-acre estate includes 2,500 feet of winding frontage on the Saco River and a small sandy beach for relaxing or launching your kayak. Equestrians will be delighted by the stable with seven 12x12 matted stalls, a tack room and hay loft, the full-sized outdoor dressage arena, two dry paddocks, three large grazing paddocks, and a riverfront field filled with alfalfa and clover. Other unique property features include an outbuilding currently used as an office and small store, a bank of bathrooms (including showers), a playground, laundry facilities, extensive water and electric hookups over the land past the barn, plentiful parking, and even a small, historic veteran's cemetery. That's all before even mentioning the 3 bed/2.5 bath cape that lies in the center of it all. With quick access to Old Orchard Beach, Saco/Biddeford, and Portland, this property truly has it all. Bring your dreams and make this wonderful estate your own!SHOWN BY APPOINTMENT ONLY. DO NOT DRIVE DOWN TO VIEW THE PROPERTY ON YOUR OWN. OWNERS FROWN UPON THAT.

Last Agent to Sell the Property

Matthew Freedman

Breakwater Realty Group, LLC Listed on: 09/30/2022

Breakwater Realty Group, LLC

Co-Listed By

Faith Irek

Breakwater Realty Group, LLC

Last Buyer's Agent

Peter Valcourt

Century 21 First Choice Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,260

Year Built

  • Built in 1972

Lot Details

  • 29.47 Acre Lot
  • 2,500 Feet of Waterfront
  • Rural Setting
  • Fenced
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned RF

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,640 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Den
  • Views of Woods
  • Attic

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Outbuilding

Farming

  • Farm
  • Pasture

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Coin Laundry

Listing and Financial Details

  • Legal Lot and Block 2 / 35
  • Assessor Parcel Number 608-610,newcountyroad,biddeford,04005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,260

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 29.47
  • Road Surface Type: Paved
  • Water Body Name: Saco River
  • Co List Office Mls Id: 2742
  • Co List Office Phone: 888-439-8743
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2640.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 1972
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 29.47
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2640.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Exterior:Clapboard: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Attic: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 2500.0
  • Water Info:Water Frontage Owned -: 2500.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Fields: Yes
  • Site:Farm: Yes
  • Site:PastureField: Yes
  • Water Heater:Tank: Yes
  • Den:Den: Yes
  • Amenities:Laundry - Coin: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Tile, Laminate
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Attic, One-Floor Living, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: Pasture/Field, Open, Farm, Level, Wooded, Rural
  • View: Fields, Trees/Woods
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Other Structures: Outbuilding
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 21+ Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Other, Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank, Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1283713.2
  • Parcel #: 608-610,newcountyroad,biddeford,04005
  • Zoning: RF

Tax Info

  • Tax Annual Amount: 8260.0
  • Tax Block: 35
  • Tax Book Number: 16055
  • Tax Lot: 2
  • Tax Map Number: 6
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Oct 19, 2023
Sold by
King Ruth P and King George H
Bought by
Avallone Holdings Llc and Parekh Holdings Llc
Seller's Agent
Matthew Freedman
Breakwater Realty Group, LLC
Buyer's Agent
Peter Valcourt
Century 21 First Choice Realty
List Price
$1,900,000
Sold Price
$2,000,000
Premium/Discount to List
$100,000
5.26%
Views
9
Current Estimated Value
$2,471,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,305
Avg. Annual Appreciation
11.16%
Original Mortgage
$2,000,000
Outstanding Balance
$1,960,672
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$510,633
Source: Public Records

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
Avallone Holdings Llc $2,000,000 None Available
Avallone Holdings Llc $2,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avallone Holdings Llc $2,000,000
Closed Avallone Holdings Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2023 10/19/23 Sold $2,000,000 +5.3% $758 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $1,900,000 -- $720 / 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 $9,846 $692,400 $339,200 $353,200
2023 $9,028 $688,100 $334,900 $353,200
2022 $9,347 $569,600 $248,000 $321,600
2021 $8,260 $478,100 $200,700 $277,400
2020 $7,946 $420,800 $164,700 $256,100
2019 $8,408 $420,800 $164,700 $256,100
2018 $3,334 $420,800 $164,700 $256,100
2017 $3,606 $413,500 $164,700 $248,800
2016 $8,212 $413,500 $164,700 $248,800
2015 $7,856 $413,500 $164,700 $248,800
2014 $7,662 $413,500 $164,700 $248,800
2013 -- $503,400 $271,500 $231,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1528374

Maine Listings

APN: 6 35