NOT LISTED FOR SALE

Estimated Value: $561,000

9 Beds
3 Baths
4,973 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2015

Last sale price $358,500 $72 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,974 / mo

49 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Saco Middle School Rated A-
  • Property is near public transit and shops
  • Attic

About This Home

As of October 2015

A rare find! Excellent rental history with great income to expense ratios. Lovingly renovated while restoring the old charm. Spacious units with updated kitchens and baths. Each unit has laundry hookup. Lots of storage space. Large yard and plenty of parking. See Internal Remarks.

Last Agent to Sell the Property

Laura Byther

RE/MAX Realty One Listed on: 07/27/2015

Last Buyer's Agent

Jeffrey Mateja

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,415

Year Built

  • Built in 1777

Lot Details

  • 12,632 Sq Ft Lot
  • Property fronts a freeway
  • Landscaped
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,973 Sq Ft Home
  • 3-Story Property
  • Storage
  • Stove
  • Attic

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

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

Accessible Home Design

  • Halls are 36 inches wide or more

Outdoor Features

  • Deck
  • Shed
  • Porch

Location

  • Property is near public transit and shops
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number SACO-000032-000116

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $13,200
  • Gross Income $35,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,415

Year Built

Built in 1777

Lot Details

0.29 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main St. to Beach St. (Rte. 9). House on left - #100 (corner of Winter Street).
  • Above Grade Finished Sq Ft: 4973.0
  • Architectural Style: Colonial
  • Building Stories: 3
  • Year Built: 1777
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 72.09
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.29
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4973.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 35920.0
  • Income Expenses Operating Expenses: 13200.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Heat Fuel:Pellets: Yes
  • Foundation Materials:Granite2: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: A rare find! Excellent rental history with great income to expense ratios. Lovingly renovated while restoring the old charm. Spacious units with updated kitchens and baths. Each unit has laundry hookup. Lots of storage space. Large yard and plenty of parking. See Internal Remarks.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Accessibility Features: 36 - 48 Inch Halls
  • Has Basement: Bulkhead, Dirt Floor, Crawl Space, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Tile, Laminate, Carpet
  • Interior Amenities: Attic, Walk-In Closet(s), Storage

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter, Brick/Mortar
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Multi-Zones, Hot Water, 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: 12632.4
  • Parcel #: SACO-000032-000116
  • Zoning: B7 + R-3

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 35920.0
  • Annual Operating Expense: 13200.0

Tax Info

  • Tax Annual Amount: 5415.0
  • Tax Lot: 116
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Oct 30, 2015
Sold by
Smit Kevin L and Smit Tamela L
Bought by
Woodfords Family Svcs
Seller's Agent
Laura Byther
RE/MAX Realty One
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$379,900
Sold Price
$358,500
Premium/Discount to List
-$21,400
-5.63%
Current Estimated Value
$561,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,500
Original Mortgage
$286,800
Outstanding Balance
$225,340
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2008
Sold by
Smit Kevin L
Bought by
Smit Kevin L and Smit Tamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,388
Interest Rate
6.35%
Mortgage Type
FHA
Source: Public Records
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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
Woodfords Family Svcs -- --
Woodfords Family Svcs -- --
Smit Kevin L -- --
Smit Kevin L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodfords Family Svcs $286,800
Closed Smit Kevin L $286,800
Previous Owner Smit Kevin L $283,388
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2015 10/29/15 Sold $358,500 -5.6% $72 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $379,900 -- $76 / Sq Ft
Source: Maine Listings

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 $0 $366,900 $96,000 $270,900
2023 $5,781 $366,900 $96,000 $270,900
2022 $0 $260,700 $73,100 $187,600
2021 $0 $249,400 $73,100 $176,300
2020 $0 $232,800 $70,000 $162,800
2019 $0 $232,800 $70,000 $162,800
2018 $0 $226,300 $63,500 $162,800
2017 $0 $243,100 $63,500 $179,600
2016 $0 $297,700 $63,500 $234,200
2015 $5,781 $300,800 $69,600 $231,200
2014 $5,601 $300,800 $69,600 $231,200
2013 $5,589 $300,800 $69,600 $231,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1225018

Maine Listings

APN: SACO-000032-000116

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