NOT LISTED FOR SALE

61 Riverside Ave Sanford, ME 04073

Estimated Value: $348,593 - $383,000

4 Beds
2 Baths
2,442 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $250,000 $102 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,278/month

4 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • New Englander Architecture
  • Nearby Water Access
  • Wood Flooring
  • 4-minute walk to Gateway Park

About This Home

As of June 2021

Well kept two unit with 2 bedrooms upstairs and 3 bedrooms downstairs. Walking distance to most in town amenities and area walking and biking trails. Upgrades to the home are newer windows on the first floor, new roof in 2008 and new heating system in 2011.

Last Agent to Sell the Property

John Caramihalis

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 04/14/2021

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Andrew Rissman

RE/MAX Shoreline

RE/MAX Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,163

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Home fronts a pond
  • Landscaped
  • Interior Lot

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,442 Sq Ft Home
  • Multi-Level Property
  • Water Views

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

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

Additional Features

  • Nearby Water Access
  • City Lot

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number SANF-000045-K000027

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,200
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,163

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Water Body Name: Number One Pond
  • MLS Status: Closed
  • Directions: Take Winter street (Route 202) to Riverside ave. Take Riverside ave to #61 on Right
  • Above Grade Finished Sq Ft: 2442.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2442.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 25200.0
  • Income Expenses Operating Expenses: 10200.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Recreational Water:Nearby: Yes
  • Exterior:Aluminum Siding: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Interior Lot, Intown, Near Shopping, Near Town, Neighborhood
  • Waterfront Features: Pond
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

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: 3920.4
  • Parcel #: SANF-000045-K000027
  • Zoning: Urban

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25200.0
  • Annual Operating Expense: 10200.0

Tax Info

  • Tax Annual Amount: 3163.0
  • Tax Book Number: 14236
  • Tax Lot: 45
  • Tax Map Number: K27
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Holt Brent S and Holt Martha B
Bought by
M B & Brents S Holt Lt and Holt
Current Estimated Value
$367,648

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jun 8, 2021
Sold by
Strout Randall R and Strout Theresa L
Bought by
Holt Brent S and Holt Martha B
Seller's Agent
John Caramihalis
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Andrew Rissman
RE/MAX Shoreline
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$187,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
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
M B & Brents S Holt Lt -- None Available
M B & Brents S Holt Lt -- None Available
Holt Brent S -- Misc Company
Holt Brent S -- Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holt Brent S $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $250,000 +0.4% $102 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $249,000 -- $102 / 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 $3,932 $243,600 $32,300 $211,300
2023 $3,658 $241,600 $32,300 $209,300
2022 $3,576 $241,600 $32,300 $209,300
2021 $3,143 $172,900 $32,300 $140,600
2020 $3,115 $154,500 $32,300 $122,200
2019 $3,024 $146,100 $32,300 $113,800
2018 $2,640 $146,100 $32,300 $113,800
2017 $3,030 $146,100 $32,300 $113,800
2016 $2,688 $118,200 $32,400 $85,800
2015 $2,640 $119,800 $32,400 $87,400
2014 $2,560 $116,700 $32,400 $84,300
2013 -- $118,400 $32,400 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1487704

Maine Listings

APN: SANF-000045-K000027