NOT LISTED FOR SALE

Estimated Value: $414,880 - $570,000

5 Beds
2 Baths
1,824 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $169,000 $93 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $2,833/month

65 Days on Market

Highlights

  • Wood Flooring
  • New Englander Architecture
  • Forced Air Zoned Heating System
  • Saco Middle School Rated A-
  • No HOA
  • Hot Water Heating System

About This Home

As of June 2016

Well maintained 2 family home close to everything! 2Br unit renting for $800 and 3Br unit renting for $975 both tenants at will. Great as an investment property or as owner occupied! Many updates including furnace, roof, de-leaded, hot water heaters, windows, oil tank and insulation. Needs some work but great bones, great location and tons of income potential!

Last Agent to Sell the Property

Bill Corrigall

Reali Realty, LLC Listed on: 02/20/2016

Last Buyer's Agent

Colleen Woodman

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,939

Year Built

  • Built in 1840

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 1,824 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Basement

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

Parking

  • Garage
  • Gravel Driveway

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 154
  • Assessor Parcel Number SACO-000038-000154

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,939

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Rte. 1 to Temple Street
  • Above Grade Finished Sq Ft: 1824.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1840
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 92.65
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1824.0
  • 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:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Driveway:Gravel: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Well maintained 2 family home close to everything! 2Br unit renting for $800 and 3Br unit renting for $975 both tenants at will. Great as an investment property or as owner occupied! Many updates including furnace, roof, de-leaded, hot water heaters, windows, oil tank and insulation. Needs some work, but great bones, great location and tons of income potential!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: SACO-000038-000154
  • Zoning: B-1

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2939.0
  • Tax Lot: 154
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2016
Closed on
Jun 21, 2016
Sold by
Todd Leo M and Todd Ellen W
Bought by
Rioux Ellen A
Seller's Agent
Bill Corrigall
Reali Realty, LLC
Buyer's Agent
Colleen Woodman
Coldwell Banker Realty
List Price
$169,900
Sold Price
$169,000
Premium/Discount to List
-$900
-0.53%
Current Estimated Value
$475,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,970
Avg. Annual Appreciation
11.54%
Original Mortgage
$165,938
Outstanding Balance
$132,240
Interest Rate
3.61%
Mortgage Type
FHA
Estimated Equity
$343,730
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rioux Ellen A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rioux Ellen A $165,938
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $169,000 -0.5% $93 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
02/20/2016 02/20/16 For Sale $169,900 -- $93 / 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 $4,035 $287,200 $93,400 $193,800
2023 $4,236 $287,200 $93,400 $193,800
2022 $3,615 $197,200 $71,200 $126,000
2021 $3,464 $183,500 $64,300 $119,200
2020 $3,232 $164,300 $56,000 $108,300
2019 $3,184 $164,300 $56,000 $108,300
2018 $3,105 $160,200 $51,900 $108,300
2017 $3,079 $158,900 $51,900 $107,000
2016 $3,103 $159,800 $48,200 $111,600
2015 $3,041 $158,200 $48,200 $110,000
2014 $2,946 $158,200 $48,200 $110,000
2013 $2,939 $158,200 $48,200 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1251634

Maine Listings

APN: SACO-000038-000154