$435,000
SOLD NOV 30, 2020
-- Bed
2 Baths
3,783 Sq Ft
1.1 Acres

Recently Sold

$115 Per Sq Ft

9% Below List Price

4 Days on Market

Highlights

  • 1.1 Acre Lot
  • Farmhouse Style Home
  • Hot Water Heating System
  • Saco Middle School Rated A-
  • No HOA
  • 2 Car Garage

About This Home

As of March 2023

Many possibilities for this business property located on busy Route 1 in Saco's Opportunity Tax Zone. Over 3,700 sq ft of space used formerly as dog kennel, with main residence and attached apartment. Great visibility with 220 +/- feet of road frontage. Located next to Barreled Souls Brewing, Prime Motors and across from NAPA. Keep as multifamily; use as home and business; convert to all business; or build new.

Last Agent to Sell the Property

Kate Scamman

Bean Group Listed on: 10/02/2020

Bean Group

Last Buyer's Agent

Christy Arnett

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,291

Year Built

  • Built in 1842

Lot Details

  • 1.1 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Farmhouse Style Home
  • Gambrel Roof
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 3,783 Sq Ft Home
  • Carpet

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating 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 $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,291

Year Built

Built in 1842

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.1
  • MLS Status: Closed
  • Directions: Take Route 1 to Barrel Souls. House Directly After.
  • Above Grade Finished Sq Ft: 3783.0
  • Architectural Style: Farmhouse, Gambrel
  • Garage Yn: Yes
  • Year Built: 1842
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3783.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Radiant: Yes
  • Income Expenses Gross Income: 12000.0
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Bank Owned REO: No
  • Style:Gambrel: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47916.0
  • Parcel #: SACO-000043-000012
  • Zoning: B-2B

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12000.0

Tax Info

  • Tax Annual Amount: 5291.0
  • Tax Block: 12
  • Tax Book Number: 11044
  • Tax Lot: 0
  • Tax Map Number: 43
  • Tax Year: 2019

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%
Current Estimated Value
$753,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,743
Avg. Annual Appreciation
4.02%
Original Mortgage
$643,136
Outstanding Balance
$627,094
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$91,488

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $655,000 None Available
Warranty Deed $655,000 None Available
Deed -- None Available
Deed -- None Available
Deed -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $643,136 FHA
Closed $643,136 FHA
Previous Owner $50,000 Commercial
Previous Owner $126,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $65,000 Unknown
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

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 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1471201

Maine Listings

APN: SACO-000043-000012