NOT LISTED FOR SALE

994 Portland Rd Unit 12 Saco, ME 04072

Central Saco Neighborhood

Estimated Value: $226,000 - $268,000

1 Bed
1 Bath
428 Sq Ft
$175/mo HOA Fee

Last Sold April 22, 2024

Last sale price $219,900 $514 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,732/month

115 Days on Market

Highlights

  • Tiny Home
  • Cathedral Ceiling
  • Combination Kitchen and Living
  • Saco Middle School Rated A-
  • Furnished
  • Cul-De-Sac

About This Home

As of April 2024

Take advantage of this new innovative approach for affordable housing offered in small house living. This 1 bedroom free standing condo in a 55+community was just built in 2021 (low maintenance & energy efficient). Includes luxury finishes with cathedral ceilings, granite tops and stainless steel appliances in kitchen, 2 mini splits for central air and heat. Flooring is all vinyl planking. Up to 2 dogs and 2 cats are allowed. It also includes a basement for storage only. Great location, just minutes to the ocean and close to shopping and all services. Also close to Portland Jetport. Includes 1 designated parking space and patio out back. Will accommodate quick close. Live year round or use as a getaway 2nd home. Interior just freshly painted throughout. Includes new Levelor blinds, new washer/dryer. New sod and River rock on exterior grounds. $219,900.

Last Agent to Sell the Property

Ross Hobin

Coldwell Banker Hobin Realty LLC License #000720 Listed on: 11/09/2023

Coldwell Banker Hobin Realty LLC

Last Buyer's Agent

Ross Hobin

Coldwell Banker Hobin Realty LLC License #000720 Listed on: 11/09/2023

Coldwell Banker Hobin Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,981

Year Built

  • Built in 2021

Lot Details

  • Cul-De-Sac
  • Lot Sloped Up

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Tiny Home
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Combination Kitchen and Living
  • Vinyl Plank Flooring
  • Attic Fan

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Connecting Stairway

Home Security

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • Assigned Parking

Utilities

  • Zoned Heating and Cooling
  • Mini Split Air Conditioners
  • Vented Exhaust Fan
  • Heat Pump System
  • Mini Split Heat Pump
  • Underground Utilities
  • 150 Amp Service
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 000012

Community Details

Overview

  • $525 One-Time Secondary Association Fee
  • Association fees include buy in fee, plowing, sewer, water
  • Master Insurance
  • The Cottages At Pine Mead Condos
  • The Cottages At Pine Meadows Condominium Subdivision

Amenities

  • Common Area

Recreation

  • Snow Removal

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,981

Year Built

Built in 2021

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Status Detail: Closed
  • Development Subdivision: The Cottages at Pine Meadows Condominium
  • Directions: At 195 exit onto Route 1, drive approximately 3.2 miles north. Turn left onto Portland Road. Unit 12 is on the left.
  • Units per Building: 1
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 513.79
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 2021
  • Remarks Public: Take advantage of this new innovative approach for affordable housing offered in small house living. This 1 bedroom free standing condo in a 55+community was just built in 2021 (low maintenance & energy efficient). Includes luxury finishes with cathedral ceilings, granite tops and stainless steel appliances in kitchen, 2 mini splits for central air and heat. Flooring is all vinyl planking. Up to 2 dogs and 2 cats are allowed. It also includes a basement for storage only. Great location, just minutes to the ocean and close to shopping and all services. Also close to Portland Jetport. Includes 1 designated parking space and patio out back. Will accommodate quick close. Live year round or use as a getaway 2nd home. Interior just freshly painted throughout. Includes new Levelor blinds, new washer/dryer. New sod and River rock on exterior grounds. $219,900.
  • List Agent: 13853
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: Internet - Cable
  • Architectural Style: Ranch, Tiny Home
  • ResoLotFeatures: Condo Development
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Cooktop - Electric, Dishwasher, Dryer, Microwave, Range - Electric, Refrigerator, Washer, Water Heater - Electric, Exhaust Fan
  • Equipment: Air Conditioner, CO Detector, Smoke Detectr-HrdWrdw/Bat
  • Features Interior: Blinds, Cathedral Ceiling, Ceiling Fan, Furnished, Kitchen/Living, Vaulted Ceiling, Window Treatment, Laundry - 1st Floor
  • Total Bedrooms: 1
  • Flooring: Vinyl Plank
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Partial, Stairs - Exterior, Unfinished, Walkout
  • Level 1: Level 1: Kitchen/Living, Level 1: Primary Bedroom
  • Room 1: Kitchen/Living, 13' x 15'7", On Level: 1
  • Room 2: Primary Bedroom, 11'6" x 7'6", On Level: 1
  • Sq Ft - Apx Finished AG: 428
  • Sq Ft - Apx Total: 856
  • Sq Ft - Apx Total Finished: 428
  • Sq Ft - Apx Unfinished BG: 398
  • Sq Ft - Apx Unfinished AG: 30

Exterior Features

  • Driveway: Paved
  • Foundation: Poured Concrete
  • Roads: Association, Cul-de-Sac, Paved, Shared
  • Roof: Shingle - Architectural, Shingle - Asphalt
  • Features Exterior: Window Screens, Windows - Double Pane
  • Construction Type: Wood Frame, Vinyl Siding

Garage/Parking

  • Parking: Assigned, Parking Spaces 2

Utilities

  • Electric: 150 Amp
  • Sewer: Public
  • Heating Fuel: Electric
  • Heating: Heat Pump, Multi Zone, Mini Split
  • Cooling: Attic Fan, Multi Zone, Mini Split
  • Utilities: Cable, Underground Utilities
  • Water Source: Public Water - On-Site

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 175
  • Fee2 Frequency: One-Time
  • Fees 2: 525
  • Fee2 Includes: Buy In Fee
  • Fee Includes: Plowing, Sewer, Water
  • Condo Fees: Yes
  • Condo Name: The Cottages at Pine Mead
  • Association Amenities: Master Insurance, Common Acreage, Snow Removal

Lot Info

  • Map: 063
  • Lot: 000012
  • Lot Sq Ft: 2614
  • Lot Acres: 0.06
  • Surveyed: Yes
  • Zoning: MU-3
  • Deed Book: 18966
  • Deed Page: 669
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 12

Tax Info

  • Tax Gross Amount: 3981
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Apr 22, 2024
Sold by
Scaglione Lawrence J and Ermann Mary
Bought by
Dube Jeffrey M
Seller's Agent
Ross Hobin
Coldwell Banker Hobin Realty LLC
Buyer's Agent
Ross Hobin
Coldwell Banker Hobin Realty LLC
List Price
$219,900
Sold Price
$219,900
Views
1481
Current Estimated Value
$244,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,640
Avg. Annual Appreciation
7.60%
Original Mortgage
$120,000
Outstanding Balance
$118,207
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$126,333

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jun 30, 2023
Sold by
St Peter Brenda J
Bought by
Scaglione Lawrence J and Ermann Mary
Seller's Agent
Richard Mazzarese
Coldwell Banker Realty
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.79%
Original Mortgage
$75,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 30, 2021
Closed on
Feb 24, 2022
Sold by
Saco Cottages Llc
Bought by
Stpeter Brenda J
Seller's Agent
Cristina Eugen
Keller Williams Realty
Buyer's Agent
Richard Mazzarese
Coldwell Banker Realty
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.71%
Original Mortgage
$175,920
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Dube Jeffrey M $219,900 None Available
Dube Jeffrey M $219,900 None Available
Scaglione Lawrence J $225,000 None Available
Scaglione Lawrence J $225,000 None Available
Stpeter Brenda J -- None Available
Stpeter Brenda J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dube Jeffrey M $120,000
Closed Dube Jeffrey M $120,000
Previous Owner Scaglione Lawrence J $75,000
Previous Owner Stpeter Brenda J $175,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2024 04/22/24 Sold $219,900 0.0% $514 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $219,900 0.0% $514 / Sq Ft
01/16/2024 01/16/24 Off Market $219,900 -- --
01/14/2024 01/14/24 Price Changed $219,900 -4.3% $514 / Sq Ft
11/09/2023 11/09/23 For Sale $229,900 +2.2% $537 / Sq Ft
06/30/2023 06/30/23 Sold $225,000 -2.2% $574 / Sq Ft View Prior Sale
06/07/2023 06/07/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $230,000 +4.6% $587 / Sq Ft
02/24/2022 02/24/22 Sold $219,900 0.0% $561 / Sq Ft View Prior Sale
01/20/2022 01/20/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $219,900 -- $561 / Sq Ft
Source: PrimeMLS

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 $3,062 $217,961 $142,674 $75,287
2023 $3,215 $217,961 $142,674 $75,287
2022 $3,981 $217,200 $137,600 $79,600
2021 $464 $24,600 $24,600 $0
2020 $425 $21,600 $21,600 $0
2019 $419 $21,600 $21,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4977307

PrimeMLS

APN: 063/ / 005/ 000/012