20 Sanford Road

Closed 7/27/22

Sold

Last Sold Price

$465,000

3 baths3,170 sqft

20 Sanford Rd, Wells, ME 04090

Multi FamilyProperty Type

0.12 acresLot Size

1953Year Built

$147/sq ftPrice per sq ft

Description

Investors take note! Excellent turnkey opportunity for an employee boarding house with this 2-unit investment property, or move right in and have your mortgage covered with extra income. Located along the Route 1 corridor in Wells, this property is adjacent to a bus stop and minutes from the beach, shops and restaurants and hotels. Ample off-street parking, washer/dryer hook-ups, and separate meters for both electricity and heating fuel. Unit 1, located in the front of the property offers 3BDRM/1BA....Investors take note! Excellent turnkey opportunity for an employee boarding house with this 2-unit investment property, or move right in and have your mortgage covered with extra income. Located along the Route 1 corridor in Wells, this property is adjacent to a bus stop and minutes from the beach, shops and restaurants and hotels. Ample off-street parking, washer/dryer hook-ups, and separate meters for both electricity and heating fuel. Unit 1, located in the front of the property offers 3BDRM/1BA. The unit is cozy, well maintained and move-in ready. Unit 2 is newly remodeled in 2022 with a completely new kitchen and offers 1BDRM/1.5BA, 3 bonus room and an open concept floor plan. The property will be delivered vacant. Notice required to show, see Showing Time for details.

Listed by: Samantha Drake 207.590.0221 samantha@luxrealty.com • LUX Realty
Listed by: Daren Hebold 207.329.5092 dhebold@luxrealty.com • LUX Realty

Listing closed: 07/27/2022 12:00 AM • Source: Maine Listings, MLS#: 1526736

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Location

Listing Courtesy of LUX Realty

Sold By 207 Prime Properties, LLC

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$2,648 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,482

Property Taxes

$166

HOA Dues

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Property Information for 20 Sanford Road

Property Details

Taxes: $1,987 / year
MLS Type: Multi-Family
County: York County
View: Trees/Woods
Has Waterfront: No
Zoning: GB

Building Information

Stories: 2
Residences: 2
Year Built: 1953
Lot Size: 0.12 AC / 5,227 SF

Summary

Location and General Information

Water View: No
Location: Business District, Near Public Beach, Near Shopping, Near Town

Page: 335
Directions: GPS Available
Latitude: 43.32223
Longitude: -$70.58
Transportation: Public Transport Access

Taxes and HOA

Association: No
Tax Lot: 008

Tax Book Number: 10572
Tax Map Number: 134
Tax Year: 2020
Tax Annual Amount: $1,986.78

Parking

Parking Features: 5 - 10 Spaces, Gravel, Off Street
Parking: 5 - 10 Spaces, Off Street

Vehicle Storage: No Vehicle Storage
Has Attached Garage: No
Has Garage: No

Property

Lot Information

Lot Features: Level, Near Public Beach, Near Shopping, Near Town, Near Public Transit
Lot Size Acres: 0.12

Lot Size Area: 0.12
Lot Size Source: Public Records
Lot Size Square Feet: 5227.2
Lot Size Units: Acres
2 Detached Houses on 1 Lot: false
Roads: Paved, Public
Road Surface Type: Paved
SqFt Source: Public Records
Site: Level

Property and Assessments

Above Grade Finished Area: 3170.0
Building Area Total: 3170.0

Property Type: Multi-Family
Deed: All
Deed/Conveyance Type Offered: Warranty
Construction: Wood Frame
Structure Type: Duplex
Structure Type: Duplex
Year Built: 1953

Building Features

Foundation Details: Block, Concrete Perimeter
Foundation Materials: Block, Poured Concrete

Construction Materials: Vinyl Siding, Wood Frame
Color: Tan
Stories: 2

Financial Information

List Price/SqFt: $156.15

Utilities

Heat Fuel: Electric, Gas Natural
# Heating Units: 3

# Water Heaters: 2
Electric: Circuit Breakers
Gas: Bottled
Sewer: Public Sewer
Water Source: Public
Water Heater: Gas, On Demand, Tankless
Utilities: Utilities On
Utilities On: Yes

Interior and Exterior Features

Exterior Features

Exterior: Vinyl Siding
Roof: Shingle

Driveway: Gravel

Interior Features

Amenities: 1st Floor Bedroom, Bathtub, Main Level, Washer Hookup, Shower, Walk-in Closets
Bathrooms Full: 2

Bathrooms Half: 1
Bathrooms Total Decimal: 2.5
Bathrooms Total Integer: 3
Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
Basement: Crawl Space, Not Applicable
Basement: Crawl Space
Has Cooling: No
Heating: Direct Vent Furnace, Baseboard
Has Heating: Yes
Flooring: Vinyl, Laminate, Carpet
Interior Features: Walk-in Closets, 1st Floor Bedroom, Bathtub, One-Floor Living, Shower

Room Information

Laundry

Laundry Room Amenities: Laundry - 1st Floor, Main Level, Washer Hookup

Multi Family

Multi Family Information

# of 1 BD Units: 1
# of 3 BD Units: 1

Number Of Units Total: 2

Income & Expenses

Gross Income: $38,400.00
Operating Expense: $8,541.06

Unit Information

Unit 1

Num Full Baths: 1
Num Half Baths: 1

Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: No
Range: Yes
Lease: No
Level: First
Security Deposit: No
Actual Rent: $2,200.00
Beds Total: 1
Rooms Total: 7

Unit 2

Num Full Baths: 1
Dedicated Gas Meter: Yes

Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: No
Range: Yes
Lease: No
Level: First
Security Deposit: No
Actual Rent: $1,800.00
Beds Total: 3
Rooms Total: 5

Rental

Rent Information

Land Lease: No

Tenant Information

Occupant Type: No

Property History for 20 Sanford Road

Date	Event & Source	Price	Appreciation
Jul 27, 2022	Sold (Public Record) Public Record #1494988687	$465,000	—
Jul 27, 2022	Sold Maine Listings #1526736	$465,000	—
Jul 26, 2022	Pending Maine Listings #1526736		—
May 2, 2022	Listed (Active) Maine Listings #1526736	$550,000	—

Date	Event & Source	Price
07/27/2022	Sold (Public Record) Public Record #1494988687	$465,000
07/27/2022	Sold Maine Listings #1526736	$465,000
07/26/2022	Pending Maine Listings #1526736	—
05/02/2022	Listed (Active) Maine Listings #1526736	$550,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 20 Sanford Road

Taxable Value

Land

$67,910

Additions

$385,130

Total$453,040

Tax Record

2025

$2,927 ($244 / month)

Home Facts

Baths

2.5

Total Finished SqFt

2,844 SqFt

Above Grade Finished SqFt

2,844 SqFt

Stories

Lot Size

5,227 SqFt

Style

Duplex

Year Built

1953

Year Renovated

1988

Zoning

County

YORK

APN

WLLS M:134 L:8

Schools near 20 Sanford Road

This home is within Wells-Ogunquit Community School District.


Rating	School	Type	Grades	Distance
9/10	Wells Elementary School	Public - Serves this home	K to 4	0.6 mi
8/10	Wells Junior High School	Public - Serves this home	5 to 8	0.2 mi
8/10	Wells High School	Public - Serves this home	9 to 12	0.2 mi


Rating	School	Distance
9/10	Wells Elementary School PublicK to 4 Serves this home	0.6 mi
8/10	Wells Junior High School Public5 to 8 Serves this home	0.2 mi
8/10	Wells High School Public9 to 12 Serves this home	0.2 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.