NOT LISTED FOR SALE

7 Summit Way Saco, ME 04072

Estimated Value: $796,000 - $928,200

4 Beds
2 Baths
2,800 Sq Ft
$310/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $522,000 $186 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,699/month

22 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 399 Feet of Waterfront
  • Deck
  • Saco Middle School Rated A-
  • 5.3 Acre Lot
  • Contemporary Architecture

About This Home

As of March 2020

ONE OF A KIND HOME. YOU MUST SEE IT IN PERSON TO APPRECIATE IT. Priced below appraised value! Buy this property with instant equity! Live in the peaceful woods of Saco sitting 150ft above the Saco River on 5.3+/- private acres.! This Oak Timber Frame home with four bedrooms, two bathrooms, attached two car garage w/ a finished room above & detached 32X48 heated two story barn! With entertaining space inside with two living rooms, gourmet kitchen and sun room or go outside on the multiple decks or enjoy the yard space! For the water enthusiast, take the wooden staircase down to your own 'State Park' along the Saco River. This property has many opportunities for living & work space! If you are a car collector or have equipment to store, this place is for you!

Last Agent to Sell the Property

Adam Parent

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 02/04/2020

Co-Listed By

Jeremy Frantz

Coldwell Banker Realty Brokerage Phone: 207-282-5988

Last Buyer's Agent

Gabriel Whitney

Berkshire Hathaway HomeServices Verani Realty

Berkshire Hathaway HomeServices Verani Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,752

Year Built

  • Built in 1985

Lot Details

  • 5.3 Acre Lot
  • 399 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Rural Setting
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned C-1

Parking

  • 4 Car Direct Access Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Saltbox Architecture
  • Post and Beam
  • Concrete Foundation
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,800 Sq Ft Home
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Patio
  • Shed
  • Outbuilding
  • Porch

Farming

  • Agricultural

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Private Water Source
  • Gas Water Heater
  • Water Heated On Demand
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number SACO-000121-000003-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,752

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.3
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • Water Body Name: Saco River
  • Co List Office Mls Id: 1039
  • Co List Office Phone: 207-282-5988
  • MLS Status: Closed
  • Directions: For GPS use 144 Simpson Road Saco, ME. Summit Way is a private road. Last house on the road
  • Above Grade Finished Sq Ft: 2800.0
  • Architectural Style: Contemporary, Saltbox
  • Garage Yn: Yes
  • Year Built: 1985
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 5.3
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2800.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: 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:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Property Information:Garage Spaces: 4.0
  • Roads:Private: Yes
  • Kitchen Countertop:Granite: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 399.0
  • Water Info:Water Frontage Owned -: 399.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • Site:Agriculture: Yes
  • Construction:Post Beam: Yes
  • Den:Den: Yes
  • Style:Saltbox: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Third
  • Bedroom 4 Bedroom 4 Level: Third
  • Dining Room Dining Room Level: Second
  • Living Room Living Room Level: Second

Exterior Features

  • Lot Features: Agriculture, Open Lot, Rolling Slope, Landscaped, Wooded, Rural
  • View: Fields, Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Post & Beam
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: 21+ Spaces, Paved, Detached, Inside Entrance, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 230868.0
  • Parcel #: SACO-000121-000003-000001
  • Zoning: C-1

Tax Info

  • Tax Annual Amount: 8752.0
  • Tax Book Number: 3382
  • Tax Lot: 001
  • Tax Map Number: 121
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Mar 25, 2020
Sold by
Baillargeon Daniel G and Baillargeon Cathy J
Bought by
Obrien Kevin
Seller's Agent
Adam Parent
Coldwell Banker Realty
Buyer's Agent
Gabriel Whitney
Berkshire Hathaway HomeServices Verani Realty
List Price
$545,000
Sold Price
$522,000
Premium/Discount to List
-$23,000
-4.22%
Current Estimated Value
$866,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,733
Avg. Annual Appreciation
9.58%
Original Mortgage
$417,600
Outstanding Balance
$375,506
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$469,763

Purchase Details

Closed on
May 14, 2015
Sold by
Baillargeon Daniel G and Baillargeon Cathy J
Bought by
Robie Contracting Inc

Purchase Details

Closed on
Dec 23, 2010
Sold by
Baillargeon Cathy J and Baillargeon Daniel G
Bought by
Webster Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.17%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Obrien Kevin -- None Available
Robie Contracting Inc -- --
Webster Janice L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Kevin $417,600
Previous Owner Baillargeon Daniel G $370,000
Previous Owner Baillargeon Daniel G $35,000
Previous Owner Baillargeon Daniel G $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $522,000 -4.2% $186 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $545,000 -- $195 / 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 $10,663 $758,950 $323,050 $435,900
2023 $11,195 $758,950 $323,050 $435,900
2022 $10,219 $557,500 $246,400 $311,100
2021 $9,742 $516,000 $221,800 $294,200
2020 $9,231 $469,300 $195,300 $274,000
2019 $9,095 $469,300 $195,300 $274,000
2018 $8,752 $451,600 $177,600 $274,000
2017 $8,529 $440,100 $162,700 $277,400
2016 $7,541 $388,300 $130,100 $258,200
2015 $7,327 $381,200 $125,900 $255,300
2014 $7,098 $381,200 $125,900 $255,300
2013 $7,083 $381,200 $125,900 $255,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Adam Parent

    Coldwell Banker Realty

  • J

    Seller Co-Listing Agent in 2020

    Jeremy Frantz

    Coldwell Banker Realty

  • G

    Buyer's Agent in 2020

    Gabriel Whitney

    Berkshire Hathaway HomeServices Verani Realty

    (603) 321-7760

    17 Total Sales

    Gabriel Whitney
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1443833

Maine Listings

APN: SACO-000121-000003-000001

Maine York County Saco 04072

7 Summit Way, Saco, ME

This home is located at 7 Summit Way, Saco, ME 04072 since 04 February 2020 and is currently estimated at $866,733, approximately $309 per square foot. This property was built in 1985. 7 Summit Way is a home located in York County with nearby schools including C K Burns School and Saco Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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