$269,000
SOLD OCT 27, 2021

994 Portland Rd Unit 27 Saco, ME 04072

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

Recently Sold

$384 Per Sq Ft

108 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 May 2023

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: 01/22/2021

Keller Williams Realty

Last Buyer's Agent

Cash Wiseman

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,473

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Public Beach
  • Level Lot
  • Open Lot

HOA Fees

  • $175 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Blower Fan
  • Scenic Vista Views

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

Parking

  • No 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

  • Exclusions: Units include 10' lofts
  • No Rentals Allowed
  • Tax Lot 005
  • Assessor Parcel Number 994PortlandRoadSaco04072

Community Details

Overview

  • 32 Buildings
  • The Cottages At Pine Meadow Subdivision

Recreation

  • Country Club

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,473

Year Built

Built in 2020 | 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 Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: The Cottages at Pine Meadow
  • Directions: Portland Rd to #994
  • Above Grade Finished Sq Ft: 700.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • New Construction: Yes
  • Year Built: 2020
  • 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: 700.0
  • 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:Disposal: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: 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: No
  • Condominium:Units in Building: 1
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:One-Floor Living: Yes
  • Property Condition:New Construction: Yes
  • Property Condition:To Be Built: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Basement Entry:Doghouse: Yes
  • Location:Near Public Beach: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Style:Cottage: Yes
  • Driveway:No Driveway: Yes
  • Appliances Included:Gas Range: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • View:Fields: Yes
  • Basement:Sump Pump: Yes
  • Heat System:Blowers: 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
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: NewHome

Interior Features

  • Number Of Buildings: 32
  • Appliances: Refrigerator, Gas Range, Disposal, Dishwasher
  • Has Basement: Full, Sump Pump, Doghouse
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Interior Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivided, Near Railroad
  • View: Fields, Scenic
  • Waterfront: No
  • Exclusions: Units include 10' lofts
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: New Construction, To Be Built
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Blowers
  • 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 #: 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: 053
  • Tax Year: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 30, 2023
Sold by
Adams Bruce and Andersen Dennis
Bought by
Heckman Rosanne
Seller's Agent
Cash Wiseman
Keller Williams Realty
Buyer's Agent
Randy Ferrell
Portside Real Estate Group
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Current Estimated Value
$352,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,974
Avg. Annual Appreciation
4.71%
Original Mortgage
$256,000
Outstanding Balance
$250,374
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,600

Purchase Details

Listed on
Jan 22, 2021
Closed on
Oct 27, 2021
Sold by
Saco Cottages Llc
Bought by
Adams Bruce and Andersen Dennis
Seller's Agent
Cash Wiseman
Keller Williams Realty
Buyer's Agent
Cash Wiseman
Coldwell Banker Realty
List Price
$269,000
Sold Price
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$215,200
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,000 Purchase Money Mortgage
Previous Owner $215,200 Purchase Money Mortgage
Previous Owner $395,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $320,000 -3.0% $457 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $329,900 +22.6% $471 / Sq Ft
10/27/2021 10/27/21 Sold $269,000 0.0% $384 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $269,000 -- $384 / 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 $3,473 $247,191 $142,674 $104,517
2023 $3,719 $252,168 $142,674 $109,494
2022 $4,482 $244,500 $137,600 $106,900
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: 1474839

Maine Listings

APN: 063/ / 005/ 000/027