NOT LISTED FOR SALE

994 Portland Rd Unit 2 Saco, ME 04072

Central Saco Neighborhood

Estimated Value: $294,000 - $307,000

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

Last Sold January 13, 2023

Last sale price $239,000 $443 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,053/month

38 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • 2 Acre Lot
  • Saco Middle School Rated A-
  • Country Club
  • Property is near public transit

About This Home

As of January 2023

Come see this new 55+ community of luxury tiny homes! These beautiful cottages with vaulted ceiling, 1 or 2 bedrooms and a loft. A real bonus is the full basement to store all your beach chairs and other seasonal items.

Last Agent to Sell the Property

Andrew Carr

Advisors Living, LLC Listed on: 10/19/2022

Last Buyer's Agent

Andrew Carr

Advisors Living, LLC Listed on: 10/19/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $464

Year Built

  • Built in 2022

Lot Details

  • Property fronts a private road
  • Public Beach
  • Open Lot

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Home to be built
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 540 Sq Ft Home
  • Cathedral Ceiling
  • 1 Fireplace
  • Living Room
  • Loft
  • Laminate Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Exterior Basement Entry

Parking

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

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Nearby Water Access
  • Pasture

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number SACO-000063-000000-000005-000000-2

Community Details

Overview

  • 32 Buildings

Amenities

  • Community Storage Space

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$464

Year Built

Built in 2022

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: South on Rt 1, just after Saco line on right side
  • Above Grade Finished Sq Ft: 540.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • New Construction: No
  • Year Built: 2022
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 540.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 175.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 1
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Property Condition:To Be Built: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Basement Entry:Doghouse: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Style:Cottage: Yes
  • Equipment:Cable: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Location:Near Country Club: Yes
  • View:Fields: Yes
  • Site:PastureField: Yes
  • Water Info:Island3: No
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Loft:Loft: Yes
  • Transportation:Rail Available: Yes
  • Condominium:Total Units4: 32
  • Condominium:Rental Terms: 3 month minimum
  • Condominium:_pound_ of Buildings: 32
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Special Features: NewHome

Interior Features

  • Number Of Buildings: 32
  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Full, Doghouse, Exterior Only, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Shower, Storage
  • Full Basement: Yes
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Pasture, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • View: Fields
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: To Be Built
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: SACO-000063-000000-000005-000000-2
  • Zoning: PR

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 32

Tax Info

  • Tax Annual Amount: 464.0
  • Tax Book Number: 18431
  • Tax Lot: 005
  • Tax Map Number: 053
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Jan 13, 2023
Sold by
338 Falmouth Foreside Co
Bought by
Putnam Nancy A
Seller's Agent
Andrew Carr
Advisors Living, LLC
Buyer's Agent
Andrew Carr
Advisors Living, LLC
List Price
$239,000
Sold Price
$239,000
Views
13
Current Estimated Value
$301,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,927
Avg. Annual Appreciation
8.90%
Original Mortgage
$191,200
Outstanding Balance
$184,005
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$117,922
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
Putnam Nancy A -- None Available
Putnam Nancy A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Putnam Nancy A $191,200
Closed Putnam Nancy A $191,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $239,000 0.0% $443 / Sq Ft
11/27/2022 11/27/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $239,000 -- $443 / 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 $3,252 $231,470 $142,674 $88,796
2023 $3,476 $235,657 $142,674 $92,983
2022 $2,522 $137,600 $137,600 $0
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: Maine Listings

MLS Number: 1546249

Maine Listings

APN: 063/ / 005/ 000/002