NOT LISTED FOR SALE

72 Ocean Park Rd Saco, ME 04072

Central Saco Neighborhood

Estimated Value: $426,000 - $488,000

3 Beds
2.5 Baths
1,586 Sq Ft
$284/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $325,000 $205 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,724/month

25 Days on Market

Highlights

  • Public Beach
  • Deck
  • New Englander Architecture
  • Saco Middle School Rated A-
  • Wood Flooring
  • Main Floor Bedroom

About This Home

As of November 2021

Excellent opportunity to own a 2-unit property in Saco! This property consists of a 1 bedroom, 1 bathroom unit upstairs and a 2 bedroom, 1 bathroom downstairs. The 2 bedroom unit has updates throughout, including new flooring, paint, bathroom vanity, kitchen countertops and much more! The 2 bedroom has been owner-occupied and the 1 bedroom is currently rented. Good cash flow for owner/occupied or investor and situated in a great commercial area. Conveniently located near beaches, shopping and the turnpike! Don't miss this opportunity!

Last Agent to Sell the Property

Lori Lavoie

Keller Williams Realty Listed on: 10/09/2021

Keller Williams Realty

Last Buyer's Agent

Jeffrey Mateja

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,301

Year Built

  • Built in 1930

Lot Details

  • 0.32 Acre Lot
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,586 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Private Sewer

Additional Features

  • Deck
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 02
  • Assessor Parcel Number SACO-000028-000002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,000
  • Gross Income $12,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,301

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 1 to Ocean Park Rd #72 on left.
  • Above Grade Finished Sq Ft: 1586.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.32
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1586.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 12600.0
  • Income Expenses Operating Expenses: 4000.0
  • Location:Near Public Beach: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Property Information:Deed Restrictions: Unknown
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Style:New Englander: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13939.2
  • Parcel #: SACO-000028-000002
  • Zoning: B2C

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12600.0
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Annual Amount: 3301.0
  • Tax Book Number: 16945
  • Tax Lot: 02
  • Tax Map Number: 28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Nov 24, 2021
Sold by
Rousseau Michele
Bought by
Dart Michael R
Seller's Agent
Lori Lavoie
Keller Williams Realty
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$299,900
Sold Price
$325,000
Premium/Discount to List
$25,100
8.37%
Current Estimated Value
$451,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,135
Avg. Annual Appreciation
8.57%
Original Mortgage
$319,113
Outstanding Balance
$296,284
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$148,671

Purchase Details

Closed on
Dec 23, 2014
Sold by
Moyes Eric W
Bought by
Rousseau Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,505
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Dart Michael R -- None Available
Rousseau Michele -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dart Michael R $319,113
Previous Owner Rousseau Michele $87,505
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $325,000 +8.4% $205 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $299,900 -- $189 / 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 $4,094 $291,400 $132,300 $159,100
2023 $4,298 $291,400 $132,300 $159,100
2022 $3,737 $203,900 $100,600 $103,300
2021 $3,542 $187,600 $89,900 $97,700
2020 $3,301 $167,800 $79,000 $88,800
2019 $3,252 $167,800 $79,000 $88,800
2018 $3,114 $160,700 $71,900 $88,800
2017 $3,093 $159,600 $71,900 $87,700
2016 $2,987 $153,800 $63,600 $90,200
2015 $2,931 $152,500 $63,600 $88,900
2014 $2,840 $152,500 $63,600 $88,900
2013 $2,833 $152,500 $63,600 $88,900
Source: Public Records

Agents Affiliated with this Home

  • Lori Lavoie

    Seller's Agent in 2021

    Lori Lavoie

    Keller Williams Realty

    (207) 713-4011

    2 in this area

    55 Total Sales

    Lori Lavoie
    Section Image
  • Jeffrey Mateja

    Buyer's Agent in 2021

    Jeffrey Mateja

    Keller Williams Realty

    (207) 879-9800

    19 in this area

    908 Total Sales

    Jeffrey Mateja
    Section Image
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Map

Source: Maine Listings

MLS Number: 1509982

Maine Listings

APN: SACO-000028-000002

Maine York County Saco 04072 Central Saco

72 Ocean Park Rd, Saco, ME

This home is located at 72 Ocean Park Rd, Saco, ME 04072 since 09 October 2021 and is currently estimated at $451,135, approximately $284 per square foot. This property was built in 1930. 72 Ocean Park Rd is a home located in York County with nearby schools including C K Burns School, Saco Middle School, and Florence Lombard Christian 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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