Seller's Agent in 2023
Adam Hedio
Coldwell Banker Realty
(207) 604-2723
1 in this area
139 Total Sales
749 Portland Rd Saco, ME 04072
Central Saco NeighborhoodEstimated Value: $611,173 - $859,000
7
Beds
2
Baths
3,783
Sq Ft
$184/Sq Ft
Est. Value
Highlights
- 1.1 Acre Lot
- Farmhouse Style Home
- 2 Car Attached Garage
- Saco Middle School Rated A-
- No HOA
- Hot Water Heating System
About This Home
As of March 2023This property has so much potential! Located in a busy district of Saco and commercially zoned, bring your business to this prime location on 1.1 acres or continue to rent it out as it is currently. The property features the main house which is a 3 bedroom 2 bath home, an apartment with 2 bedrooms and 1 bathroom. Additionally the 3 car garage is currently divided into two bays and the third is separate with additional space available and currently rented. As a bonus, there is 500 sqft of unused space behind the garage! The land behind the building is also zoned for 6 more units!! Come and take a look at this incredible investment opportunity today!!
Last Listed By
Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 01/19/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,775
Year Built
- Built in 1842
Lot Details
- 1.1 Acre Lot
- Level Lot
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- 3,783 Sq Ft Home
- Farmhouse Style Home
- Gambrel Roof
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- No Cooling
- Heating System Uses Oil
- Heat Pump System
- Hot Water Heating System
- Natural Gas Not Available
Listing and Financial Details
- Tax Block 12
- Assessor Parcel Number SACO-000043-000012
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $59,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2023
Closed on
Mar 30, 2023
Sold by
Grabarz Properties Llc
Bought by
Sessa Mabanza and Nlandu Bela
Seller's Agent
Adam Hedio
Coldwell Banker Realty
Buyer's Agent
Sarah Donnell
Plowman Realty Group
List Price
$699,000
Sold Price
$655,000
Premium/Discount to List
-$44,000
-6.29%
Total Days on Market
22
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
$39,543
Avg. Annual Appreciation
2.84%
Original Mortgage
$643,136
Outstanding Balance
$627,777
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$66,766
Purchase Details
Listed on
Oct 2, 2020
Closed on
Nov 30, 2020
Sold by
Lucille A Fennell Ret
Bought by
Grabarz Properties Llc
Seller's Agent
Kate Scamman
Bean Group
Buyer's Agent
Christy Arnett
Bean Group
List Price
$479,000
Sold Price
$435,000
Premium/Discount to List
-$44,000
-9.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.20%
Original Mortgage
$126,000
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Oct 2, 2020
Closed on
Nov 10, 2020
Sold by
Lucille A Fennell Ret
Bought by
Fennell June M and Fennell Patrick M
Seller's Agent
Kate Scamman
Bean Group
Buyer's Agent
Christy Arnett
Bean Group
List Price
$479,000
Sold Price
$435,000
Premium/Discount to List
-$44,000
-9.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sessa Mabanza | $655,000 | None Available | |
| Sessa Mabanza | $655,000 | None Available | |
| Grabarz Properties Llc | -- | None Available | |
| Grabarz Properties Llc | -- | None Available | |
| Fennell June M | -- | None Available | |
| Fennell June M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sessa Mabanza | $643,136 | |
| Closed | Sessa Mabanza | $643,136 | |
| Previous Owner | Grabarz Properties Llc | $50,000 | |
| Previous Owner | Grabarz Prop Llc | $126,000 | |
| Previous Owner | Lucille A Fennell Ret | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2023 03/30/23 | Sold | $655,000 | -6.3% | $173 / Sq Ft |
| 02/10/2023 02/10/23 | Pending | -- | -- | -- |
| 01/19/2023 01/19/23 | For Sale | $699,000 | +60.7% | $185 / Sq Ft |
| 11/30/2020 11/30/20 | Sold | $435,000 | -9.2% | $115 / Sq Ft |
| 10/07/2020 10/07/20 | Pending | -- | -- | -- |
| 10/02/2020 10/02/20 | For Sale | $479,000 | -- | $127 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $7,525 | $535,600 | $206,200 | $329,400 |
| 2023 | $7,900 | $535,600 | $206,200 | $329,400 |
| 2022 | $6,775 | $369,600 | $157,400 | $212,200 |
| 2021 | $6,323 | $334,900 | $140,600 | $194,300 |
| 2020 | $5,370 | $273,000 | $96,300 | $176,700 |
| 2019 | $5,291 | $273,000 | $96,300 | $176,700 |
| 2018 | $4,401 | $264,300 | $87,600 | $176,700 |
| 2017 | $4,924 | $254,100 | $79,600 | $174,500 |
| 2016 | $4,808 | $247,600 | $71,700 | $175,900 |
| 2015 | $4,711 | $245,100 | $71,700 | $173,400 |
| 2014 | $4,564 | $245,100 | $71,700 | $173,400 |
| 2013 | $4,554 | $245,100 | $71,700 | $173,400 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Hedio
-
Sarah Donnell
S
Buyer's Agent in 2023
Sarah Donnell
Plowman Realty Group
(207) 274-3733
1 in this area
64 Total Sales
-
Seller's Agent in 2020
Kate Scamman
Bean Group
(207) 205-0066
30 in this area
83 Total Sales
-
C
Buyer's Agent in 2020
Christy Arnett
Bean Group
Map
Source: Maine Listings
MLS Number: 1551144
APN: SACO-000043-000012
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