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  • $340,000

    1 Saco Island Terrace #131, Saco, ME 04072

    2beds
    1,062sqft
    Condominium
    Built in 1987
    -- sqft lot
    $340,100 Zestimate®
    $320/sqft
    $2,455 Estimated rent

    Home value

    $340,100

    $320,000 - $361,000

    $2,455/mo

    Zestimate® history
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    What's special

    Welcome to effortless living in one of Saco's historic and beautifully converted mill buildings. This newly renovated, turn-key condo offers the perfect blend of character and modern updates, with bright, open living spaces designed to feel both inviting and functional. Inside, you'll find stunning architectural details including exposed brick, soaring ceilings, and oversized windows that flood the space with natural light. Enjoy peaceful views of the Saco river along with the soothing sound of rushing water--creating a truly unique and calming atmosphere right at home. Upstairs, the primary bedroom provides a private retreat, complete with a newly renovated walk-in closet featuring custom built-in storage. Every detail has been thoughtfully updated to maximize both style and convenience. Ideally located in downtown Saco, you'll have easy access to local restaurants, shops, and the Amtrak station, making commuting or weekend trips a breeze. Portland is just a 25-minute drive, and Boston is approximately an hour and a half away. Additional perks include rental flexibility (6-month minimum), making this a great option for both homeowners and investors alike. If you've been looking for a low-maintenance home with character, charm, and a prime location, this condo is not to be missed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Down To Earth Real Estate

    Bought with:

    Real Broker

    Source: Maine Listings,MLS#: 1655213MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom 1
    • Level: Second
    Bedroom 2
    • Level: Second
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Electric Range, Refrigerator
    • Laundry: Laundry - Coin
    Features
    • Elevator, Shower, Storage, Walk-In Closet(s)
    • Flooring: Carpet, Hardwood
    • Basement: Interior Entry,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,062
    • Total interior livable area: 1,062 sqft
    • Finished area above ground: 1,062
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved
    Features
    • Body of water: Saco River
    Lot
    • Size: 871 Square Feet
    • Features: City Lot, Near Shopping, Near Turnpike/Interstate, Near Railroad, Sidewalks
    Details
    • Parcel number: SACOM037L001U001131
    • Zoning: B-4

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other
    • Property subtype: Condominium
    Materials
    • Masonry, Brick
    • Roof: Metal
    Condition
    • Year built: 1987

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $551 monthly
    Location
    • Region: Saco

    Financial & listing details

    • Price per square foot: $320/sqft
    • Tax assessed value: $174,200
    • Annual tax amount: $2,448
    • Date on market: 3/27/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/29/2026Sold$340,000-2.2%$320/sqft
    Source: Maine Listings #1655213 Report a problem
    4/18/2026Pending sale$347,700$327/sqft
    Source: Maine Listings #1655213 Report a problem
    4/5/2026Listed for sale$347,700$327/sqft
    Source: Maine Listings #1655213 Report a problem
    3/31/2026Contingent$347,700$327/sqft
    Source: Maine Listings #1655213 Report a problem
    3/27/2026Listed for sale$347,700+19.9%$327/sqft
    Source: Maine Listings #1655213 Report a problem
    3/21/2022Sold$290,000+81.3%$273/sqft
    Source: Public Record Report a problem
    9/18/2019Listing removed$160,000$151/sqft
    Source: Bean Group #1433100 Report a problem
    9/14/2019Listed for sale$160,000+108.1%$151/sqft
    Source: Bean Group #1433100 Report a problem
    2/25/2015Listing removed$76,900$72/sqft
    Source: The Maine Real Estate Network #1143967 Report a problem
    10/3/2014Listed for sale$76,900$72/sqft
    Source: The Maine Real Estate Network #1143967 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,569 $174,200
    2023$2,569 +11.3%$174,200 +38.4%
    2022$2,308 +10.6%$125,900 +13.9%
    2021$2,086 $110,500
    2020$2,086 +11.9%$110,500 +14.9%
    2019$1,864 +3.7%$96,200 +3.7%
    2018$1,798 +5.2%$92,800 +5.2%
    2017$1,709 +2.3%$88,200 +2.6%
    2016$1,670 +1%$86,000
    2015$1,653 +3.2%$86,000
    2014$1,601 +0.2%$86,000
    2013$1,598 $86,000
    Find assessor info on the county website

    Neighborhood: 04072

    Nearby schools

    GreatSchools rating
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