$320,000
SOLD MAY 30, 2023

994 Portland Rd Unit 27 Saco, ME 04072

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

Recently Sold

$457 Per Sq Ft

3% Below List Price

22 Days on Market

Highlights

  • Public Beach
  • Deep Water Access
  • Cape Cod Architecture
  • Saco Middle School Rated A-
  • 2 Acre Lot
  • Main Floor Bedroom

About This Home

As of May 2023

This well appointed 55+ unit is one of the best locations in the neighborhood. Featuring high end finishes, Spiral staircase and an outdoor patio featuring wonderful views and sunsets. Close to beaches and shopping. Move in and start enjoying life.

Last Agent to Sell the Property

Cash Wiseman

Keller Williams Realty Brokerage Phone: 207-838-1870 Listed on: 03/24/2023

Keller Williams Realty

Last Buyer's Agent

Randy Ferrell

Portside Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,482

Year Built

  • Built in 2021

Lot Details

  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 700 Sq Ft Home
  • Living Room
  • Loft
  • Granite Countertops
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

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

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deep Water Access
  • Patio

Location

  • Property is near a golf course

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 027 / 005
  • Assessor Parcel Number 994PortlandRoad04072

Community Details

Overview

  • 32 Buildings
  • The Cottages At Pine Meadows Subdivision

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,482

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 Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: The Cottages at Pine Meadows
  • Directions: Portland Road Saco to 994
  • Above Grade Finished Sq Ft: 700.0
  • Architectural Style: Cape
  • Garage Yn: No
  • 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: 700.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: 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
  • Floors:Vinyl: Yes
  • Style:Cape: 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: Yes
  • Condominium:Units in Building: 1
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Basement Entry:Doghouse: Yes
  • Location:Near Public Beach: Yes
  • Equipment:Cable: Yes
  • Transportation:Deep Water Access: Yes
  • Water Heater:Heat Pump2: Yes
  • Loft:Loft: Yes
  • Condominium:Total Units4: 32
  • Condominium:_pound_ of Buildings: 32
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Number Of Buildings: 32
  • Has Basement: Full, Doghouse
  • 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, Open Lot, Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Laundry Features: 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
  • Pets Allowed: 2 Pets

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: 994PortlandRoad04072
  • Zoning: PR

Multi Family

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

Tax Info

  • Tax Annual Amount: 4482.0
  • Tax Block: 005
  • Tax Book Number: 18854
  • Tax Lot: 027
  • Tax Map Number: 063
  • Tax Year: 22

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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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: 1554584

Maine Listings

APN: 063/ / 005/ 000/027