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74 Summer Street

74 Summer Street, Saco, ME 04072
Multifamily in Saco
Sold Jun 22, 2022
$575,000
$516,925 by Androscoggin Bank
Mortgage
Sold Sep 25, 2020
$492,800
$394,250 by Integrity Mortgage
Mortgage
74 Summer Street in Saco, ME was first built in 1966 and is 58 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 74 Summer Street has 3,102 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,454 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with oil. The property was last sold in Jun 22, 2022 for $575,000. That's $185.36 per sqft. Prior to that sales transaction, the property was also sold in Sep 24, 2020 for $492,800. 74 Summer Street was last assessed in 2022. The total value of the property was assessed at $372,400. Specifically, the land the property is located on was valued at $103,800. While improvements on the property were assessed at a total of $268,600. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,826. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 1,176
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 3,102
  • Gross Building Area: 5,086
  • Building Area: 3,102
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,102
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.24
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : FORD GEORGIA L
  • Current Owner 2: FORD DEAN M
  • Previous Owner : SPEIRS ELLEN R
  • Previous Owner 2: SPEIRS JOHN C
  • Owner Before Previous Owner: STELTZER GORDON
  • Ownership Rights Codes: Joint Venture

Neighborhood

  • School District Name: Saco Public Schools
  • School Tax School District: SACO PS
  • Census Tract: 005200

Zoning

  • Zoning: R-1B

Geography

  • Account Number: T1660R
  • Parcel: SACO M:032 L:143 U:000-000
  • Lot: 143
  • Municipality: SACO
  • Latitude: 43.5011
  • Longitude: -70.4374

    Address

  • Full Address: 74 Summer St
  • Address - House Number: 74
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: ME
  • City Name: Saco
  • Carrier Code: C001
  • 4-Digit Zip Code: 3837
  • Zip Code: 04072

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,826

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 624,341
  • High Value: 764,725
  • Low Value: 483,957

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $516,925
  • First Open Lien Mortgage Lender: ANDROSCOGGIN BANK
  • First Open Lien Mortgage Recording Date: Jun 22, 2022
  • First Open Lien Mortgage Loan Amount: $516,925
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $372,400
  • Assessed Land Value: $103,800
  • Assessed Improvements Value: $268,600

    Sales

  • Current Sale Contract Date: Jun 22, 2022
  • Current Sale Recording Date: Jun 22, 2022
  • Current Sale Transaction ID: 11902487126
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022026467
  • Previous Sale Recording Date: Sep 25, 2020
  • Previous Sale Contract Date: Sep 24, 2020
  • Previous Sale Amount: $492,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANDROSCOGGIN BANK
  • First Mortgage Transaction Date: Jun 22, 2022
  • First Mortgage Loan Amount: $516,925
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: INTEGRITY MORTGAGE
  • Previous Mortgage Transaction Date: Sep 25, 2020
  • Previous Mortgage Loan Amount: $394,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Saco



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Frequently Asked Questions

What neighborhood is 74 Summer Street located in?
The 74 Summer Street is a multifamily located in the neighborhood of Saco in Saco, Saco.
What is the average sales price for listings in 74 Summer Street?
The average sales price for units in 74 Summer Street is $0 currently.

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