$284,900
SOLD JAN 27, 2025

7 Academy Place Unit 55 Saco, ME 04072

Central Saco Neighborhood
2 Beds
1 Bath
891 Sq Ft
$475/mo HOA Fee

Recently Sold

$320 Per Sq Ft

5 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Porch
  • Saco Middle School Rated A-
  • Country Club
  • Bathtub

About This Home

As of January 2025

Welcome to this beautifully updated 2 bedroom, 1 bathroom condo, offering stylish and comfortable living! Step inside to find an open-concept living and dining area, perfect for entertaining friends or simply enjoying cozy evenings at home. The space is both inviting and functional, with brand-new LVP flooring, newly installed kitchen backsplash to tie the room together and a coat of fresh paint to brighten the space! Relax and unwind on the attached porch—your own private space!

Convenience is key! Located just minutes from the turnpike, Thornton Academy, local restaurants, downtown shopping, and some of the best beaches in the area! This second-floor unit is also close to the local country club, making it a golfer's dream. Additionally, an on-site storage unit provides extra space for your belongings.

Hassle-free living is at your fingertips with association fees that cover water, sewer, heat, cable, WiFi, insurance of the common areas, maintenance of the common areas and garbage removal!

This home offers a cozy, modern vibe in a highly sought-after complex! Whether you're downsizing, purchasing your first home, or seeking a coastal escape, this condo has it all!

Don't wait—schedule your showing today and discover a lifestyle that combines comfort, convenience, and charm!

Last Agent to Sell the Property

Heather Crosby

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 01/01/2025

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Shannon George

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1985

Lot Details

  • Property fronts a private road
  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 891 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Reserved Parking

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Nearby Water Access
  • Porch

Location

  • Property is near a golf course
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Block 004
  • Assessor Parcel Number SACO-000033-000004-000000-000055

Community Details

Overview

  • 8 Units
  • Academy Place Subdivision
  • FHA/VA Approved Complex

Amenities

  • Community Storage Space

Recreation

  • Country Club

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,866

Year Built

Built in 1985

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Academy Place
  • Directions: GPS Friendly.
  • Above Grade Finished Sq Ft: 891.0
  • Architectural Style: Garden, Other Style
  • Garage Yn: No
  • Efficiency: LED Light Fixtures
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • 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
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: 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
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 475.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 8
  • Style:Garden: Yes
  • Driveway:Common2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Kitchen Countertop:Formica: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Location:Near Country Club: Yes
  • Exterior:Brick: Yes
  • Energy Efficiency:LED Light Fixtures: Yes
  • Condominium:VA Certification: Yes
  • Restrictions:Pet Weight Limit: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Brick, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Paved, Common

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 475.0
  • 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-000033-000004-000000-000055
  • Zoning: MDR

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 2866.0
  • Tax Block: 004
  • Tax Book Number: 19176
  • Tax Lot: 000
  • Tax Map Number: 033
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2025
Closed on
Jan 27, 2025
Sold by
Wilkinson Spencer R
Bought by
Sharpe Mallissa
Seller's Agent
Heather Crosby
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Shannon George
Coldwell Banker Realty
List Price
$284,900
Sold Price
$284,900
Views
20
Current Estimated Value
$289,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,589
Avg. Annual Appreciation
3.31%

Purchase Details

Listed on
Nov 9, 2022
Closed on
Dec 27, 2022
Sold by
Burnham Scott A
Bought by
Wilkinson Spencer R
Seller's Agent
Laurie Marcello
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Heather Crosby
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$220,000
Sold Price
$230,000
Premium/Discount to List
$10,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$207,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 21, 2018
Closed on
Apr 19, 2018
Sold by
Seaside Family Lp
Bought by
Burnham Scott A
Seller's Agent
Peggy Hill
Coldwell Banker Realty
Buyer's Agent
Laurie Marcello
Keller Williams Realty
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
12.00%
Original Mortgage
$132,554
Interest Rate
4.46%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $284,900 None Available
Warranty Deed $284,900 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $207,000 Purchase Money Mortgage
Previous Owner $132,554 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold $284,900 0.0% $320 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
01/01/2025 01/01/25 For Sale $284,900 +23.9% $320 / Sq Ft
12/27/2022 12/27/22 Sold $230,000 +4.5% $258 / Sq Ft
11/13/2022 11/13/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $220,000 +63.0% $247 / Sq Ft
04/17/2018 04/17/18 Sold $135,000 0.0% $152 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
02/21/2018 02/21/18 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 $2,333 $120,400 $46,300 $74,100
2017 $2,349 $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 $2,139 $115,100 $40,200 $74,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1611807

Maine Listings

APN: SACO-000033-000004-000000-000055