NOT LISTED FOR SALE

994 Portland Rd Unit 24 Saco, ME 04072

Central Saco Neighborhood

Estimated Value: $270,000 - $307,000

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

Last Sold November 30, 2021

Last sale price $200,000 $400 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,954/month

67 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Country Club
  • Saco Middle School Rated A-
  • Public Beach
  • New Construction

About This Home

As of November 2021

Classic simplicity best describes The Cottages at Pine Meadow, a brand new 55+ subdivision in Saco consisting of 32 detached one and two bedroom homes starting at $169,000 with 10% down. Located in a tranquil setting close to beaches and shopping, the cottages await your spring 2021 occupancy. The model unit is complete and ready for your private showing. Within the subdivision, two ADA compliant homes are also available that do not require the 55+ requirement. Reserve your cottage today - this is an amazing opportunity you do not want to miss!

Last Agent to Sell the Property

Cash Wiseman

Keller Williams Realty Brokerage Phone: 207-838-1870 Listed on: 02/20/2021

Keller Williams Realty

Last Buyer's Agent

TATSIANA Crawford

Bean Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,088

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Ocean Front
  • Public Beach
  • Landscaped

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 500 Sq Ft Home
  • Living Room
  • Scenic Vista Views
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

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

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deep Water Access

Location

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • No Rentals Allowed
  • Tax Lot 005
  • Assessor Parcel Number 994PortlandRoadSaco04072

Community Details

Overview

  • 32 Buildings
  • The Cottages At Pine Meadow Condominium Subdivision

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,088

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: The Cottages at Pine Meadow Condominium
  • Directions: 994 Portland Road
  • Above Grade Finished Sq Ft: 500.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • New Construction: Yes
  • Year Built: 2021
  • Attribution Contact: 207-838-1870
  • 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: 500.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 175.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 1
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Property Condition:New Construction: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Basement Entry:Doghouse: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Style:Cottage: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Transportation:Deep Water Access: Yes
  • Water Heater:Heat Pump2: Yes
  • Location:Near Railroad: Yes
  • Transportation:Rail Available: Yes
  • Condominium:Total Units4: 32
  • Condominium:_pound_ of Buildings: 32
  • Condominium:VA Certification: No
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: NewHome

Interior Features

  • Number Of Buildings: 32
  • Has Basement: Full, Doghouse
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: New Construction
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • 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 #: 994PortlandRoadSaco04072
  • Zoning: Contract Zoning

Multi Family

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

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 18431
  • Tax Lot: 005
  • Tax Map Number: 063
  • Tax Year: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2021
Closed on
Nov 30, 2021
Sold by
Saco Cottages Llc
Bought by
Lapteva Marina and Laptev Aleksandr
Seller's Agent
Cash Wiseman
Keller Williams Realty
Buyer's Agent
TATSIANA Crawford
Bean Group
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$285,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,881
Avg. Annual Appreciation
9.70%
Original Mortgage
$170,000
Outstanding Balance
$156,313
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$129,568
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
Lapteva Marina -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lapteva Marina $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $200,000 0.0% $400 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $200,000 -- $400 / 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 $3,088 $219,778 $142,674 $77,104
2023 $3,295 $223,412 $142,674 $80,738
2022 $4,025 $219,600 $137,600 $82,000
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: 1478184

Maine Listings

APN: 063/ / 005/ 000/024