NOT LISTED FOR SALE

Estimated Value: $370,000 - $403,000

2 Beds
1 Bath
952 Sq Ft
$407/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $370,000 $389 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,324/month

44 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Living Room
  • Saco Middle School Rated A-
  • No HOA
  • Shed

About This Home

As of August 2024

Welcome to 7 Lafayette St in Saco where you will find this charming two-bedroom ranch nestled in one of Saco's downtown neighborhoods known for quiet streets and friendly atmosphere. Step inside to a cozy kitchen set above a large living room with wonderful skylights and an gas fireplace. From the living room look out onto the fenced in backyard with its garden shed and fully enclosed area for privacy and relaxation just steps outside the home.
The kitchen is spacious and well-equipped, with a bar top and eat-in dining area situated adjacent for ease and convenience. Behind the kitchen you will find the laundry closet and just steps back are the two spacious bedrooms and shared-full bathroom. Close to turnpike access and town shopping.

Last Agent to Sell the Property

Jonathan Safford

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-590-6026 Listed on: 06/24/2024

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Andrew Carr

Advisors Living, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,580

Year Built

  • Built in 1942

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Property is zoned MDR

Home Design

  • Ranch Style House
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 952 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 248
  • Assessor Parcel Number SACO-000032-000248

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,580

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS friendly to 7 Lafayette St, Saco
  • Above Grade Finished Sq Ft: 952.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1942
  • Attribution Contact: 207-590-6026
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 393.91
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 952.0
  • Property Information:Garage: No
  • 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 System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Style:Ranch: Yes
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Kitchen Countertop:Formica: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Welcome to 7 Lafayette St in Saco where you will find this charming two-bedroom ranch nestled in one of Saco's downtown neighborhoods known for quiet streets and friendly atmosphere. Step inside to a cozy kitchen set above a large living room with wonderful skylights and an gas fireplace. From the living room look out onto the fenced in backyard with its garden shed and fully enclosed area for privacy and relaxation just steps outside the home. The kitchen is spacious and well-equipped, with a bar top and eat-in dining area situated adjacent for ease and convenience. Behind the kitchen you will find the laundry closet and just steps back are the two spacious bedrooms and shared-full bathroom. FMI: Contact Jon Safford at Better Homes & Gardens Real Estate | The Masiello Group 207.590.6026 or jonsafford@masiello.com
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Crawl Space, Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: SACO-000032-000248
  • Zoning: MDR

Tax Info

  • Tax Annual Amount: 3580.0
  • Tax Lot: 248
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Aug 29, 2024
Sold by
Steven P Boissonneault Lt and Boissonneault
Bought by
White Justin
Seller's Agent
Jonathan Safford
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Andrew Carr
Advisors Living, LLC
List Price
$415,000
Sold Price
$370,000
Premium/Discount to List
-$45,000
-10.84%
Views
55
Current Estimated Value
$387,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,280
Avg. Annual Appreciation
3.72%
Original Mortgage
$358,900
Outstanding Balance
$354,429
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$32,851

Purchase Details

Listed on
Mar 11, 2016
Closed on
Apr 15, 2016
Sold by
Usa Va
Bought by
Steven P Boissonneault Lt and Boissoneault
Seller's Agent
Robert Dennison JR
Regency Realty Group
Buyer's Agent
Donna Gelinas Staples
Prudential Prime Properties
List Price
$113,500
Sold Price
$133,500
Premium/Discount to List
$20,000
17.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%

Purchase Details

Closed on
Sep 9, 2008
Sold by
Nelson Kelly J
Bought by
Schmidt Philip N and Schmidt Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,354
Interest Rate
6.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
White Justin $370,000 None Available
White Justin $370,000 None Available
Steven P Boissonneault Lt $133,500 --
Schmidt Philip N -- --
Steven P Boissonneault Lt $133,500 --
Schmidt Philip N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Justin $358,900
Closed White Justin $358,900
Previous Owner Schmidt Philip N $159,354
Previous Owner Schmidt Philip N $159,354
Previous Owner Schmidt Philip N $159,354
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2024 08/29/24 Sold $370,000 -1.3% $389 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $375,000 -5.1% $394 / Sq Ft
07/02/2024 07/02/24 Price Changed $395,000 -4.8% $415 / Sq Ft
06/24/2024 06/24/24 For Sale $415,000 +210.9% $436 / Sq Ft
04/14/2016 04/14/16 Sold $133,500 +17.6% $140 / Sq Ft View Prior Sale
03/22/2016 03/22/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $113,500 -- $119 / 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 $3,410 $242,700 $114,300 $128,400
2023 $3,580 $242,700 $114,300 $128,400
2022 $3,261 $177,900 $87,100 $90,800
2021 $3,111 $164,800 $77,800 $87,000
2020 $2,927 $148,800 $68,400 $80,400
2019 $2,884 $148,800 $68,400 $80,400
2018 $2,764 $142,600 $62,200 $80,400
2017 $2,746 $141,700 $62,200 $79,500
2016 $2,697 $138,900 $52,100 $86,800
2015 $2,649 $137,800 $52,100 $85,700
2014 $2,566 $137,800 $52,100 $85,700
2013 $2,560 $137,800 $52,100 $85,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1594507

Maine Listings

APN: SACO-000032-000248