Seller's Agent in 2025
Gwen Genest
Portside Real Estate Group
(207) 651-2646
1 in this area
44 Total Sales
7 Vernon St Saco, ME 04072
Central Saco Neighborhood
--
Bed
4
Baths
2,315
Sq Ft
3,920
Sq Ft Lot
Highlights
- The property is located in a historic district
- Wood Flooring
- Detached Garage
- Saco Middle School Rated A-
- No HOA
- Cooling Available
About This Home
As of April 2025Stunning Fully Renovated Multi-Unit Property in Prime Downtown Location
This exceptional multi-unit property has undergone a complete transformation after a fire in 2023, with every detail meticulously renovated down to the studs. Featuring two spacious, beautifully designed units, each with 2 bedrooms, this home combines modern luxury with lasting durability.
Located in a lovely downtown area, this property offers the perfect balance of convenience and charm. Thorton Academy and the Eastern Trail is just 0.4 miles away, providing easy access to outdoor recreation and scenic views.
With high-end finishes throughout, both units offer stylish interiors, open floor plans, and an abundance of natural light. The property is perfect for both year-round living or as a lucrative seasonal investment.
This turn-key property is an ideal choice for anyone looking to invest in a beautifully renovated space with strong rental potential and an unbeatable location. Don't miss out on the chance to own this stunning property!
One unit is currently rented for $2,250 per month during the off-season, while it generated a significant income. Last summer, the owner earned over $19,000 from June to October, making this a fantastic income-generating opportunity. One side is owner occupied, the other side has only been rented since June.
This property goes live on Thursday, but showings don't start until Friday at noon.
Open Houses are both Saturday and Sunday 11:00-1:00 - Offer Deadline Monday 5:00 p.m.
(Please be cautious not to let the 2 cats out of the back unit when viewing.)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,333
Year Built
- Built in 1849
Home Design
- 2,315 Sq Ft Home
- Duplex
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Wood Siding
- Clap Board Siding
- Clapboard
Flooring
- Wood
- Tile
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Detached Garage
- Common or Shared Parking
- Shared Driveway
- Off-Street Parking
Location
- The property is located in a historic district
- City Lot
Utilities
- Cooling Available
- Heating System Uses Propane
- Heat Pump System
- Gas Water Heater
Additional Features
- 4 Full Bathrooms
- Laundry on main level
- 3,920 Sq Ft Lot
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number SACO-000039-000022
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $5,144
- Gross Income $25,423
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2025
Closed on
Apr 1, 2025
Sold by
Neves Joana D
Bought by
Jackson David Y and Gilliam Samantha N
Seller's Agent
Gwen Genest
Portside Real Estate Group
Buyer's Agent
Rebecca Kingsley Sewall
Peninsula Real Estate LLC
List Price
$589,000
Sold Price
$682,000
Premium/Discount to List
$93,000
15.79%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,706
Avg. Annual Appreciation
-1.28%
Original Mortgage
$626,050
Outstanding Balance
$621,183
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$53,111
Purchase Details
Listed on
Jun 7, 2022
Closed on
Jul 12, 2022
Sold by
Seven Vernon Street Llc
Bought by
Dinneen-Neves Joana
Seller's Agent
Kaili Moore
Portside Real Estate Group
Buyer's Agent
L Jewel Rechsteiner
Portside Real Estate Group
List Price
$425,000
Sold Price
$488,000
Premium/Discount to List
$63,000
14.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.09%
Original Mortgage
$390,400
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 9, 2019
Closed on
Sep 24, 2019
Sold by
Googins Shawn A
Bought by
Seven Vernon Street Llc
Seller's Agent
Shawn Googins
Landing Real Estate
Buyer's Agent
Shawn Googins
Landing Real Estate
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.92%
Purchase Details
Closed on
Jul 9, 2013
Sold by
Googins Janice M
Bought by
Googins Shawn A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
3.59%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 30, 2011
Closed on
Apr 3, 2012
Sold by
Borja Rachid
Bought by
Googins Janice M and Googins Shawn A
Seller's Agent
Laurie Roberge
The Real Estate Store
Buyer's Agent
David Dunn
The Real Estate Store
List Price
$179,900
Sold Price
$85,000
Premium/Discount to List
-$94,900
-52.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.08%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $682,000 | None Available | |
| Quit Claim Deed | $682,000 | None Available | |
| Quit Claim Deed | $682,000 | None Available | |
| Quit Claim Deed | $488,000 | None Available | |
| Quit Claim Deed | $488,000 | None Available | |
| Quit Claim Deed | $488,000 | None Available | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $85,000 | -- | |
| Warranty Deed | $85,000 | -- | |
| Warranty Deed | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $626,050 | Purchase Money Mortgage | |
| Closed | $626,050 | Purchase Money Mortgage | |
| Previous Owner | $390,400 | Purchase Money Mortgage | |
| Previous Owner | $121,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2025 04/01/25 | Sold | $682,000 | +15.8% | $295 / Sq Ft | |
| 03/10/2025 03/10/25 | Pending | -- | -- | -- | |
| 03/06/2025 03/06/25 | For Sale | $589,000 | +20.7% | $254 / Sq Ft | |
| 07/12/2022 07/12/22 | Sold | $488,000 | +14.8% | $211 / Sq Ft | View Prior Sale |
| 06/13/2022 06/13/22 | Pending | -- | -- | -- | |
| 06/07/2022 06/07/22 | For Sale | $425,000 | +34.9% | $184 / Sq Ft | |
| 09/24/2019 09/24/19 | Sold | $315,000 | -3.1% | $136 / Sq Ft | View Prior Sale |
| 08/14/2019 08/14/19 | Pending | -- | -- | -- | |
| 08/09/2019 08/09/19 | For Sale | $325,000 | +282.4% | $140 / Sq Ft | |
| 03/30/2012 03/30/12 | Sold | $85,000 | -52.8% | $48 / Sq Ft | View Prior Sale |
| 11/14/2011 11/14/11 | Pending | -- | -- | -- | |
| 04/04/2011 04/04/11 | For Sale | $179,900 | -- | $101 / Sq Ft |
Source: Maine Listings
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 | $4,684 | $333,400 | $80,500 | $252,900 |
| 2023 | $5,042 | $341,800 | $80,500 | $261,300 |
| 2022 | $3,750 | $204,600 | $61,300 | $143,300 |
| 2021 | $3,340 | $176,900 | $55,400 | $121,500 |
| 2020 | $3,021 | $153,600 | $48,200 | $105,400 |
| 2019 | $2,977 | $153,600 | $48,200 | $105,400 |
| 2018 | $3,039 | $156,800 | $44,600 | $112,200 |
| 2017 | $2,855 | $147,300 | $44,600 | $102,700 |
| 2016 | $3,416 | $175,900 | $41,600 | $134,300 |
| 2015 | $3,348 | $174,200 | $41,600 | $132,600 |
| 2014 | $3,244 | $174,200 | $41,600 | $132,600 |
| 2013 | $3,237 | $174,200 | $41,600 | $132,600 |
Source: Public Records
Agents Affiliated with this Home
-
Gwen Genest
-
Rebecca Kingsley Sewall
R
Buyer's Agent in 2025
Rebecca Kingsley Sewall
Peninsula Real Estate LLC
(207) 400-0744
1 in this area
70 Total Sales
-
Kaili Moore
Seller's Agent in 2022
Kaili Moore
Portside Real Estate Group
(207) 252-4161
6 in this area
195 Total Sales
-
L Jewel Rechsteiner
L
Buyer's Agent in 2022
L Jewel Rechsteiner
Portside Real Estate Group
(806) 470-6343
2 in this area
49 Total Sales
-
Shawn Googins
S
Seller's Agent in 2019
Shawn Googins
Landing Real Estate
(207) 332-7865
48 Total Sales
-
L
Seller's Agent in 2012
Laurie Roberge
The Real Estate Store
Map
Source: Maine Listings
MLS Number: 1615422
APN: SACO-000039-000022
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.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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