NOT LISTED FOR SALE

Island Terrace Saco, ME 04072

Downtown Saco Neighborhood

Estimated Value: $170,000 - $273,000

1 Bed
1 Bath
597 Sq Ft
$159/ mo HOA Fee

Last Sold August 05, 2015

Last sale price $75,000 $126 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $1,528/month

7 Days on Market

Highlights

  • Water Views
  • Property is near public transit
  • Main Floor Bedroom
  • Saco Middle School Rated A-
  • Wood Flooring
  • 5-minute walk to Mechanics Park

About This Home

As of August 2015

A rare 1 Bedroom unit on the top floor of Saco Island. Live in the heart of Saco and the mill district. Peaceful 4 floor unit with high ceilings and ample space to stretch out. Washer and Dryer coin-ops on the property. Parking on the property for one vehicle. The unit is ready for immediate occupancy.

Last Agent to Sell the Property

Christina Connell

Berkshire Hathaway HomeServices Verani Realty Listed on: 07/09/2015

Berkshire Hathaway HomeServices Verani Realty

Last Buyer's Agent

Laura Byther

RE/MAX Realty One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $866

Year Built

  • Built in 1987

Lot Details

  • 610

HOA Fees

  • $159 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Tar and Gravel Roof
  • Masonry

Interior Spaces

  • 597 Sq Ft Home
  • Living Room
  • Water Views
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Sprinkler System

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 1-404 / 001
  • Assessor Parcel Number 110Main Street404Saco370011-404

Community Details

Overview

  • 91 Units
  • Island Terrace Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Coin Laundry
  • Elevator

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$866

Year Built

Built in 1987

Lot Details

610 Sq Ft Lot

HOA Fees

$159 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Island Terrace
  • Directions: Route One Saco just past the train station. Park in Visitors parking area
  • Above Grade Finished Sq Ft: 597.0
  • Architectural Style: Other Style
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 125.63
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 597.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 159.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat System:Heat Pump: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 91
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Cooling:Central Air: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Water Heater:Tank: Yes
  • Parking Other Parking: Yes
  • Exterior:Brick: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Misc Amenities Sprinkler: Yes
  • Transportation:Rail Available: Yes
  • Roof:Flat: Yes
  • Condominium:Total Units4: 91
  • Construction:Masonry: Yes
  • Amenities:Laundry - Coin: Yes
  • Roof:TarGravel: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator Passenger, 1st Floor Bedroom
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping, Near Public Transit
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Foundation Details: Other, Brick/Mortar
  • Roof: Flat, Tar/Gravel

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Common, Other, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Laundry - Coin
  • Security: Sprinkler, Fire System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 159.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: 110Main Street404Saco370011-404
  • Zoning: Residential

Multi Family

  • Number Of Units In Community: 91
  • Number Of Units Total: 91

Tax Info

  • Tax Annual Amount: 866.0
  • Tax Block: 001
  • Tax Lot: 1-404
  • Tax Year: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Jun 4, 2014
Sold by
Flannagan Bruce G
Bought by
Bouchard Jason M
Seller's Agent
Michael Hanna
RE/MAX Realty One
Buyer's Agent
Scott Bonney
Gammon Realty Group
List Price
$74,900
Sold Price
$77,900
Premium/Discount to List
$3,000
4.01%
Current Estimated Value
$235,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,308
Avg. Annual Appreciation
9.80%
Original Mortgage
$70,110
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bouchard Jason M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bouchard Jason M $70,110
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2015 08/05/15 Sold $75,000 -2.6% $126 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $77,000 -1.2% $129 / Sq Ft
05/30/2014 05/30/14 Sold $77,900 +4.0% $130 / Sq Ft View Prior Sale
05/03/2014 05/03/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $74,900 -- $125 / Sq Ft
Source: Maine Listings

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 $1,585 $112,800 $38,800 $74,000
2023 $1,664 $112,800 $38,800 $74,000
2022 $1,487 $81,100 $29,500 $51,600
2021 $1,356 $71,800 $23,600 $48,200
2020 $1,235 $62,800 $19,600 $43,200
2019 $1,217 $62,800 $19,600 $43,200
2018 $1,180 $60,900 $17,700 $43,200
2017 $1,120 $57,800 $17,800 $40,000
2016 $1,099 $56,600 $16,600 $40,000
2015 $1,088 $56,600 $16,600 $40,000
2014 $1,054 $56,600 $16,600 $40,000
2013 $1,052 $56,600 $16,600 $40,000
Source: Public Records

Agents Affiliated with this Home

  • Christina Connell

    Seller's Agent in 2015

    Christina Connell

    Berkshire Hathaway HomeServices Verani Realty

    (207) 423-7292

    5 in this area

    157 Total Sales

    Christina Connell
    Section Image

  • L

    Buyer's Agent in 2015

    Laura Byther

    RE/MAX

    Section Image

  • M

    Seller's Agent in 2014

    Michael Hanna

    RE/MAX

  • S

    Buyer's Agent in 2014

    Scott Bonney

    Gammon Realty Group

See All Agents

About Island Terrace

Source: Maine Listings

MLS Number: 1227773

Maine Listings

APN: SACO-000037-000001-000001-000404

Maine York County Saco 04005

Downtown Saco

Not Listed for Sale

Condos

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