NOT LISTED FOR SALE

Estimated Value: $299,000 - $336,000

2 Beds
1.5 Baths
1,056 Sq Ft
1987 Built

Last Sold May 24, 2024

Last sale price $337,500 $320 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,414/month

Highlights

  • Nearby Water Access
  • The property is located in a historic district
  • Property is near public transit
  • Saco Middle School Rated A-
  • Waterfront
  • 3-minute walk to Mechanics Park

About This Home

As of May 2024

The historic charm is certain to embrace you throughout this condo. With views overlooking the Saco River, this unit offers 10 foot ceilings and an exposed brick wall in the living room and both bedrooms. The ceilings in both bedrooms are adorned with cedar and the entire unit has been freshly painted. A new water heater and heat pump unit were recently installed and there are new cabinets and countertops in the kitchen. Its location is within walking distance to many local restaurants and shops and just a short drive to the nearby beaches or hiking trails.

Last Agent to Sell the Property

Joey Radford

OceanView Properties Brokerage Email: info@oceanviewproperties.net Listed on: 04/30/2024

Co-Listed By

Celeste Lachance

OceanView Properties Brokerage Email: info@oceanviewproperties.net

Last Buyer's Agent

Angel Nichols

Bean Group

Bean Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,351

Year Built

  • Built in 1987

Lot Details

  • Waterfront
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $461 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Frame Construction
  • Masonry

Interior Spaces

  • 1,056 Sq Ft Home
  • Multi-Level Property
  • Living Room

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Home Security

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 320
  • Assessor Parcel Number 1sacoislandterracesaco04072

Community Details

Overview

  • 91 Units
  • Island Terrace Owner's Association Subdivision

Additional Features

  • Coin Laundry
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,351

Year Built

Built in 1987

Lot Details

0 Sq Ft Lot

HOA Fees

$461 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Saco River
  • Co List Office Phone: 207-967-5444
  • MLS Status: Closed
  • Subdivision Name: Island Terrace Owner's Association
  • Directions: Use 110 Main Street for GPS location of Saco Island Terrace.
  • Above Grade Finished Sq Ft: 1056.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1987
  • Attribution Contact: info@oceanviewproperties.net
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 307.77
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1056.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 461.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: 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: 91
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Cooling:Central Air: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Historic District: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Exterior:Brick: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Misc Amenities Sprinkler: Yes
  • Transportation:Rail Available: Yes
  • Roof:Flat: Yes
  • Condominium:_pound_ of Buildings: 1
  • Construction:Masonry: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 1
  • Advertising Remarks:Advertising Remarks: The historic charm is certain to embrace you throughout this condo. With views overlooking the Saco River, this unit offers 10 foot ceilings and an exposed brick wall in the living room and both bedrooms. The ceilings in both bedrooms are adorned with cedar and the entire unit has been freshly painted. A new water heater and heat pump unit were recently installed and there are new cabinets and countertops in the kitchen. Its location is within walking distance to many local restaurants and shops and just a short drive to the nearby beaches or hiking trails.
  • Levels:Multi-Level: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Other, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Sidewalks, Historic District, Intown, Near Shopping, Near Public Transit, Near Railroad
  • View: Scenic
  • Waterfront: Yes
  • Construction Type: Brick, Masonry, Wood Frame
  • Foundation Details: Other
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: Reserved Parking, 1 - 4 Spaces, Paved, Common, On Site

Utilities

  • Laundry Features: Laundry - Coin
  • Security: Sprinkler
  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 461.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: 1sacoislandterracesaco04072
  • Zoning: SI

Multi Family

  • Number Of Units In Community: 91

Tax Info

  • Tax Annual Amount: 2351.15
  • Tax Lot: 320
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 24, 2024
Sold by
Robinson Andrew I
Bought by
Lippmann Amy
Seller's Agent
Joey Radford
OceanView Properties
Buyer's Agent
Angel Nichols
Bean Group
List Price
$325,000
Sold Price
$337,500
Premium/Discount to List
$12,500
3.85%
Views
14
Current Estimated Value
$325,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,412
Avg. Annual Appreciation
-2.02%

Purchase Details

Closed on
Mar 18, 2008
Sold by
Ireland Joshua E
Bought by
Ouellette Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,968
Interest Rate
5.72%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Lippmann Amy $337,500 None Available
Lippmann Amy $337,500 None Available
Ouellette Tracy A -- --
Ouellette Tracy A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ouellette Tracy A $137,968
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $337,500 +3.8% $320 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $325,000 -- $308 / 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 $2,591 $184,400 $68,900 $115,500
2023 $2,720 $184,400 $68,900 $115,500
2022 $2,438 $133,000 $52,500 $80,500
2021 $2,215 $117,300 $42,000 $75,300
2020 $2,010 $102,200 $34,800 $67,400
2019 $1,981 $102,200 $34,800 $67,400
2018 $1,917 $98,900 $31,500 $67,400
2017 $1,541 $79,500 $31,500 $48,000
2016 $1,501 $77,300 $29,300 $48,000
2015 $1,486 $77,300 $29,300 $48,000
2014 $1,439 $77,300 $29,300 $48,000
2013 $1,436 $77,300 $29,300 $48,000
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1587872

Maine Listings

APN: SACO-000037-000001-000001-000320

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