NOT LISTED FOR SALE

994 Portland Rd Unit 25 Saco, ME 04072

Central Saco Neighborhood

Estimated Value: $318,195 - $350,000

2 Beds
1 Bath
700 Sq Ft
$175/mo HOA Fee

Last Sold October 29, 2021

Last sale price $309,000 $441 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,238/month

Highlights

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

About This Home

As of October 2021

Tucked off U.S. Route 1, a broad expanse of rolling farm field sweeps about a half mile to the tree line. The unspoiled view is maybe the best amenity of this developing 55+ community of 32 cottage-style condominiums. They are perfectly located near many hiking and cycling trails, kayaking, beaches and interstate 95 for day trips. The Maine Mall and downtown Portland, which has some of the best restaurants in new England. In the cottages, cathedral ceilings, vault over open floor plans. Natural light streams over the modern finishes which can be customized, like granite and stainless steel in the kitchen. All of the units have a storage loft. Association fees will take care of all landscaping and shoveling.

Last Agent to Sell the Property

Andrew Carr

Coldwell Banker Realty Listed on: 05/20/2021

Co-Listed By

Debra Carr

Coldwell Banker Realty

Last Buyer's Agent

Curtis Johnson

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 2021

Lot Details

  • Property fronts a private road
  • 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

  • 700 Sq Ft Home
  • Living Room
  • Loft
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • 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

  • Tax Lot 005
  • Assessor Parcel Number SACO-000063-000000-000005-000000-25

Community Details

Overview

  • The Cottages At Pine Meadow Condominium Subdivision

Recreation

  • Country Club

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,384

Year Built

Built in 2021

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
  • Co List Office Mls Id: 1366
  • Co List Office Phone: 207-799-5000
  • MLS Status: Closed
  • Subdivision Name: The Cottages at Pine Meadow Condominium
  • Directions: Rt. 1 in Saco just over the Scarborough line.
  • Above Grade Finished Sq Ft: 700.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 2021
  • 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: 700.0
  • 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
  • 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:Units in Building: 1
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Style:Cottage: Yes
  • Location:Near Country Club: Yes
  • Basement:Sump Pump: Yes
  • Transportation:Deep Water Access: Yes
  • Water Heater:Heat Pump2: Yes
  • Location:Near Railroad: Yes
  • Loft:Loft: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Has Basement: Full, Sump Pump, Exterior Entry, Bulkhead
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • 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, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • 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
  • Pets Allowed: 2 Pets

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: SACO-000063-000000-000005-000000-25
  • Zoning: Contract Zoning

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 18431
  • Tax Lot: 005
  • Tax Map Number: 053
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Janson Susan J
Bought by
Jsn Investment Group Llc
Current Estimated Value
$334,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$176,227
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$158,322
Source: Public Records

Range of Values:

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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
Jsn Investment Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jsn Investment Group Llc $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $309,000 +8.8% $441 / Sq Ft
05/20/2021 05/20/21 For Sale $284,000 -- $406 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
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 $3,384 $240,871 $142,674 $98,197
2023 $3,623 $245,611 $142,674 $102,937
2022 $4,425 $241,400 $137,600 $103,800
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: 1492489

Maine Listings

APN: 063/ / 005/ 000/025