NOT LISTED FOR SALE

Estimated Value: $463,000 - $584,000

4 Beds
2 Baths
2,120 Sq Ft
$244/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $475,000 $224 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,105/month

12 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • In-Law or Guest Suite
  • Saco Middle School Rated A-
  • No HOA
  • Cooling Available

About This Home

As of April 2024

A terrific opportunity to own a home in highly desirable Saco Maine. Let your rental income help pay the mortgage. Two 2 bedroom units with many upgrades. This home has an accessory dwelling unit. Each unit has undergone many updates. Both upstairs and down have washer-dryer hookups. first floor unit has a newer Heat pump and electric baseboard. The 2nd floor unit has 2 rennai units. Lots of off street parking, short commute to Portland. This one will go fast...

Last Agent to Sell the Property

Gray Phillips

EXP Realty Listed on: 02/28/2024

EXP Realty

Last Buyer's Agent

Kelly Sahabo

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,739

Year Built

  • Built in 1967

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,120 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • 2 Full Bathrooms

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • Cooling Available
  • Heating System Uses Kerosene
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Tankless Water Heater
  • Gas Water Heater
  • Water Heated On Demand
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 6
  • Assessor Parcel Number SACO-000083-000006-000004

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,999
  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,739

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 5 North to Shadagee Rd, House is on right hand side.
  • Above Grade Finished Sq Ft: 2120.0
  • Architectural Style: Multi-Level, Shingle Style
  • Garage Yn: No
  • Year Built: 1967
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2120.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Water Heater:Tankless: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 19800.0
  • Income Expenses Operating Expenses: 9999.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Amenities:In-Law Apartment: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:Shingle Style: Yes
  • Other Structures:Shed: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Crawl Space, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Tile
  • Interior Amenities: In-Law Floorplan

Exterior Features

  • Lot Features: Level, Open Lot, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Common, On Site, Off Street

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 23

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: SACO-000083-000006-000004
  • Zoning: MDR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19800.0
  • Annual Operating Expense: 9999.0

Tax Info

  • Tax Annual Amount: 3739.0
  • Tax Block: 6
  • Tax Lot: 4
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 26, 2024
Sold by
Phillips Pauline D
Bought by
Pakatanga Otema and Lala Alice
Seller's Agent
Gray Phillips
EXP Realty
Buyer's Agent
Kelly Sahabo
EXP Realty
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%
Views
23
Current Estimated Value
$518,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,141
Avg. Annual Appreciation
6.22%
Original Mortgage
$466,396
Outstanding Balance
$460,149
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
$57,992

Purchase Details

Closed on
Jan 12, 2012
Sold by
Corbeil Doris J
Bought by
Corbeil Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Pakatanga Otema $475,000 None Available
Pakatanga Otema $475,000 None Available
Corbeil Pauline -- --
Corbeil Pauline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pakatanga Otema $466,396
Closed Pakatanga Otema $466,396
Previous Owner Corbeil Pauline $130,000
Previous Owner Corbeil Pauline $72,500
Previous Owner Corbeil Pauline $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $475,000 -5.0% $224 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $499,900 -- $236 / 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 $4,267 $303,700 $98,800 $204,900
2023 $4,397 $298,100 $98,800 $199,300
2022 $3,739 $204,000 $75,200 $128,800
2021 $3,566 $188,900 $67,200 $121,700
2020 $3,336 $169,600 $59,100 $110,500
2019 $3,287 $169,600 $59,100 $110,500
2018 $3,184 $164,300 $53,800 $110,500
2017 $3,155 $162,800 $53,800 $109,000
2016 $2,942 $151,500 $50,500 $101,000
2015 $2,873 $149,500 $50,000 $99,500
2014 $2,784 $149,500 $50,000 $99,500
2013 $2,778 $149,500 $50,000 $99,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1583084

Maine Listings

APN: SACO-000083-000006-000004