NOT LISTED FOR SALE

Estimated Value: $538,531 - $704,000

4 Beds
3 Baths
2,109 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $410,000 $194 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,494/month

42 Days on Market

Highlights

  • Deck
  • New Englander Architecture
  • No HOA
  • Saco Middle School Rated A-
  • Main Floor Bedroom
  • Interior Lot

About This Home

As of December 2021

Your next investment just hit the market! 84 Temple Street contains three fully rented units, two of which have been tastefully updated. The building boasts a long list of recent improvements including updated electrical panels, washers/dryers added in two units, and heat pumps & a brand new boiler installed just last year. Don't miss the two driveways for ample parking and the two secure storage sheds in the converted garage. Tenants or an owner-occupant can enjoy easy access to downtown Biddeford & Saco, grocery stores, local restaurants, and the esteemed Thornton Academy - all within one mile. Just 10 minutes to Old Orchard Beach, close to the highway, and 20 minutes to Portland on I-95, the convenient location can't be beat. Total income, $34,200. Total Expenses, $8,915. Come see for yourself with a private showing. Please wear a mask and remove shoes while inside the property.

Last Agent to Sell the Property

Karen Edgcombe

Maine Real Estate Co Listed on: 09/03/2021

Last Buyer's Agent

Erin Oldham Susan Kendeigh

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,472

Year Built

  • Built in 1853

Lot Details

  • 5,663 Sq Ft Lot
  • Interior Lot
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,109 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outbuilding

Location

  • City Lot

Utilities

  • Cooling Available
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 167
  • Assessor Parcel Number SACO-000038-000167

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $8,915
  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,472

Year Built

Built in 1853

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2109.0
  • Architectural Style: Multi-Level, New Englander, Other Style
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1853
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 189.19
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2109.0
  • 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
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 34200.0
  • Income Expenses Operating Expenses: 8915.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Out Building: Yes
  • Advertising Remarks:Advertising Remarks: Your next investment just hit the market! 84 Temple Street, Saco contains three fully rented and tastefully updated units. The building boasts a long list of recent improvements including heat pumps & a brand new boiler installed just last year, updated electrical panels, and washers/dryers added in two units. Don't miss the two driveways for ample parking and the two secure storage sheds in the converted garage. Tenants or an owner-occupant can enjoy easy access to downtown Biddeford & Saco, grocery stores, local restaurants, and the esteemed Thornton Academy - all within one mile. Just 10 minutes to Old Orchard Beach, close to the highway, and 20 minutes to Portland on I-95, the convenient location can't be beat. Total income, $34,200. Total Expenses, $8,915. Come see for yourself with a private showing. Please wear a mask and remove shoes while inside the property.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Crawl Space, Partial, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 2
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Interior Lot, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Block, Stone, Granite, Other
  • Other Structures: Outbuilding
  • 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, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Heat Pump, Forced Air, Baseboard
  • 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: 5662.8
  • Parcel #: SACO-000038-000167
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 34200.0
  • Annual Operating Expense: 8915.0

Tax Info

  • Tax Annual Amount: 3472.0
  • Tax Lot: 167
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
Maynard Kayla
Bought by
Maynard Kayla and Maynard Nicholas
Current Estimated Value
$602,633

Purchase Details

Listed on
Sep 3, 2021
Closed on
Dec 10, 2021
Sold by
Daigle Nicole
Bought by
Leland Kayla
Seller's Agent
Karen Edgcombe
Maine Real Estate Co
Buyer's Agent
Erin Oldham Susan Kendeigh
Portside Real Estate Group
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$402,573
Interest Rate
3.14%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 10, 2015
Closed on
Apr 5, 2016
Sold by
Devlin Martin J
Bought by
Parent Adam M
Seller's Agent
Nicole Axelsen
Reali Realty, LLC
Buyer's Agent
Adam Parent
Keller Williams Realty
List Price
$219,900
Sold Price
$195,000
Premium/Discount to List
-$24,900
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Original Mortgage
$191,468
Interest Rate
3.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Maynard Kayla -- None Available
Leland Kayla -- None Available
Parent Adam M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leland Kayla $402,573
Previous Owner Parent Adam M $191,468
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2021 12/10/21 Sold $410,000 -2.4% $194 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $420,000 +32.7% $199 / Sq Ft
10/30/2017 10/30/17 Sold $316,500 -6.9% $150 / Sq Ft View Prior Sale
09/22/2017 09/22/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $340,000 +74.4% $161 / Sq Ft
03/31/2016 03/31/16 Sold $195,000 -11.3% $92 / Sq Ft View Prior Sale
02/09/2016 02/09/16 Pending -- -- --
08/09/2015 08/09/15 For Sale $219,900 -- $104 / 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 $4,489 $319,500 $84,300 $235,200
2023 $4,713 $319,500 $84,300 $235,200
2022 $3,970 $216,600 $64,300 $152,300
2021 $3,712 $196,600 $58,000 $138,600
2020 $3,472 $176,500 $50,600 $125,900
2019 $3,421 $176,500 $50,600 $125,900
2018 $3,160 $172,700 $46,800 $125,900
2017 $3,316 $171,100 $46,800 $124,300
2016 $3,160 $162,700 $43,500 $119,200
2015 $3,092 $160,900 $43,500 $117,400
2014 $2,996 $160,900 $43,500 $117,400
2013 $2,990 $160,900 $43,500 $117,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1507254

Maine Listings

APN: SACO-000038-000167