Closed

$157,000

1 Pearl Street, Saco, ME 04072

6beds

2,242sqft

Multi Family

Built in 1850

-- sqft lot

$159,200 Zestimate^®

$70/sqft

$2,266 Estimated rent

Home value

$159,200

$143,000 - $178,000

$2,266/mo

Zestimate^® history

Owner options

List your home for rent

$2,266/mo

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$2,266/mo

Rent Zestimate^®

Refinance and save

$1,010/mo

Est. payment

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$1,010/mo

Est. payment

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What's special

Corner lot

Excellent investment opportunity in highly desirable Saco! This corner lot is approved for a duplex. While the existing 1800's house may not be salvageable, this property presents the perfect chance for a fresh start. Ideal for builders, investors, or anyone looking to create something new in a fantastic location. Just minutes from downtown Saco, this lot is a great find for those ready to transform it into a valuable asset. Don't miss out on this promising project!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard, Forced Air

Cooling

None

Features

Flooring: Wood
Basement: Interior Entry,Unfinished

Interior area

Total structure area: 2,242
Total interior livable area: 2,242 sqft
Finished area above ground: 2,242
Finished area below ground: 0

Property

Parking

Parking features: Paved, 1 - 4 Spaces, On Street
Has garage: Yes
Has uncovered spaces: Yes

Lot

Size: 3,920 Square Feet
Features: City Lot, Near Shopping, Near Turnpike/Interstate, Near Railroad, Corner Lot, Level, Sidewalks

Details

Additional structures: Barn(s)
Parcel number: SACOM038L201U000000
Zoning: HDR

Construction

Type & style

Home type: MultiFamily
Architectural style: Farmhouse
Property subtype: Multi Family

Materials

Other, Clapboard
Foundation: Other
Roof: Composition,Fiberglass,Shingle

Condition

Year built: 1850

Utilities & green energy

Electric: Circuit Breakers, Fuses
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Saco

Financial & listing details

Price per square foot: $70/sqft
Tax assessed value: $210,900
Annual tax amount: $2,963
Date on market: 2/6/2025
Road surface type: Paved

Price history

Date	Event	Price
2/28/2025	Sold	$157,000+16.3%$70/sqft
Source: Maine Listings #1613972 Report a problem
2/28/2025	Pending sale	$135,000$60/sqft
Source: Maine Listings #1613972 Report a problem
2/17/2025	Contingent	$135,000$60/sqft
Source: Maine Listings #1613972 Report a problem
2/6/2025	Listed for sale	$135,000-41.3%$60/sqft
Source: Maine Listings #1613972 Report a problem
4/25/2016	Listing removed	$229,900$103/sqft
Source: Berkshire Hathaway HomeServices New England Prime Properties #1239046 Report a problem
10/1/2015	Listed for sale	$229,900$103/sqft
Source: Berkshire Hathaway HomeServices New England Prime Properties #1239046 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,111	$210,900
2023	$3,111 +14.8%	$210,900 +42.6%
2022	$2,711 +4.7%	$147,900 +7.8%
2021	$2,590	$137,200
2020	$2,590 +9%	$137,200 +11.9%
2019	$2,376 +3.3%	$122,600 +3.3%
2018	$2,300 +0.7%	$118,700 +0.8%
2017	$2,283 -21.4%	$117,800 -21.3%
2016	$2,905 +2%	$149,600 +0.9%
2015	$2,848 +3.2%	$148,200
2014	$2,759 +0.2%	$148,200
2013	$2,754 +17.9%	$148,200 -8.5%
2011	$2,336 +5.9%	$162,000
2009	$2,206 +1.5%	$162,000
2008	$2,174	$162,000