OFF MARKET

Off Market Aug 2018 for $241K

$546,751

•

3,452

sq ft

5 Payne St, Springvale, ME 04083

About this home

Great investment opportunity for both the investor or owner occupant. Well-maintained 4 unit building with plenty of parking. Tenants will enjoy living close to area shopping, banking and restaurants. Many of the updates and capital expenditures have already been done. Long-term tenants ensure the building's cash flow with room for growth. This solid 4 unit with one 1BR, one 2BR and two 3BR with newer kitchens, baths, carpets, flooring, and vinyl windows. Each unit has its own monitor heater and units have a washer, dryer, refrigerator and stove.

Multi-familyProperty Type

1930Year Built

8,712 sq ftLot Size

$158Est. Price/Sq.Ft.

5 spacesParking

Listed by Donna Hall • Coldwell Banker Realty

Contact: 207-967-9900

Bought with Dawn Marston • Fontaine Family-The Real Estate Leader

Redfin checked: 3 minutes ago

•Source:MREIS #1353551

Redfin Estimate

$546,751

$305K since sold in August 2018$13K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 44.7% higher than the average sale price ($378K) of 6 comparable homes.

SOLD JUL 10, 2026
$450,000
A
4 beds4 baths3,560 sq ft
3 Storer St, Sanford, ME 04073
SOLD JUN 23, 2026
$160,000
B
4 beds2.5 baths2,746 sq ft
12 Storer St, Sanford, ME 04073
SOLD APR 24, 2026
$482,500
C
6 beds2 baths2,637 sq ft
501 Main St, Springvale, ME 04083
SOLD APR 30, 2026
$435,000
D
4 beds2.5 baths3,496 sq ft
109 Brook St, Sanford, ME 04073
SOLD SEP 25, 2025
$390,000
E
6 beds3 baths2,400 sq ft
6 Merrill St, Springvale, ME 04083
SOLD JUL 24, 2026
$350,000
F
4 beds2 baths2,204 sq ft
687 Main St, Sanford, ME 04073

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 04083, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.9%

+0.2% MoM

Median sale price

$382K

$10K MoM

Avg. days on market

23d

0 days MoM

Recently sold homes

1 MoM

New listings for sale

$1,150,000
5 beds3 baths2,580 sq ft
459 Hanson's Ridge Rd, Springvale, ME 04083
See all

Provided by Redfin

Sale history for 5 Payne St

Year

Property tax

Land + Additions

Assessment*

2025

$6,093 (+5.9%)

$36,300 + $320,000

$356,300

2024

$5,751 (+7.5%)

$36,300 + $320,000

$356,300

2023

$5,352 (+2.3%)

$36,300 + $317,200

$353,500

2022

$5,232 (+13.9%)

$36,300 + $317,200

$353,500

2021

$4,594 (+1.0%)

$36,300 + $216,400

$252,700

2020

$4,550 (+3.0%)

$36,300 + $189,400

$225,700

2019

$4,417 (−0.3%)

$36,300 + $177,100

$213,400

2018

$4,430 (+5.0%)

$36,300 + $179,800

$216,100

2017

$4,221 (+3.6%)

$36,300 + $167,200

$203,500

2016

$4,075 (+10.5%)

$36,300 + $142,900

$179,200

2015

$3,687

$36,600 + $130,700

$167,300

Tax history for 5 Payne St

Year

Property tax

Land + Additions

Assessment*

2025

$6,093 (+5.9%)

$36,300 + $320,000

$356,300

2024

$5,751 (+7.5%)

$36,300 + $320,000

$356,300

2023

$5,352 (+2.3%)

$36,300 + $317,200

$353,500

2022

$5,232 (+13.9%)

$36,300 + $317,200

$353,500

2021

$4,594 (+1.0%)

$36,300 + $216,400

$252,700

2020

$4,550 (+3.0%)

$36,300 + $189,400

$225,700

2019

$4,417 (−0.3%)

$36,300 + $177,100

$213,400

2018

$4,430 (+5.0%)

$36,300 + $179,800

$216,100

2017

$4,221 (+3.6%)

$36,300 + $167,200

$203,500

2016

$4,075 (+10.5%)

$36,300 + $142,900

$179,200

2015

$3,687

$36,600 + $130,700

$167,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,712

Year renovated

2020

Sq. Ft.

3,452

Year built

1930

Style

Multi-Family (2-4 Unit)

County

York County

APN

81800

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Features

—

Last updated by owner on Jan 16, 2020.

Property details

Parking

Parking Information
Parking Features: 5 - 10 Spaces, Paved

Interior

Bathroom Information
# of Baths (Full): 4

Basement Information
Basement Entry: Interior, Full, Partial

Interior Features
Flooring: Vinyl, Laminate, Carpet
Other Equipment: Satellite Dish, Internet Access Available, Cable

Laundry Information
Laundry Features: 1st Floor Laundry, Main Level

Multi-Unit Information
# of Units Total: 4
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 1
# of 3 Bedroom Units: 2

Unit 1 Information
# of Bedrooms: 3
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: No
Water: No

Unit 2 Information
# of Bedrooms: 1
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: No
Water: No

Unit 3 Information
# of Bedrooms: 3
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: No
Water: Yes

Unit 4 Information
# of Bedrooms: 2
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: No
Water: No

Exterior

Building Information
Construction Materials: Clapboard, Brick, Wood Frame
Foundation Details: Stone
Roof: Shingle
Total Building Area (Sq. Ft.): 3,452

Property Information
Year Built: 1930
Above-Grade Finished Area (Sq. Ft.): 3,452

Lot Information
Lot Size (Sq. Ft.): $8,712
Lot Size (Acres): 0.2
Lot Size Source: Public Records
Lot Features: Rolling/Sloping, Corner Lot, Sidewalks, Intown, Near Shopping, Near Town, Near Public Transit
Road Surface Type: Paved
Zoning: UB

Subdivision Information
Subdivision Name: Village of Springvale

Financial

Tax Information
Annual Tax Amount: $4,220

Utilities

Utility Information
Has Heating
Heating: Direct Vent Heater
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas

Location

HOA Information
Pets Allowed: No Restrictions

Location Information
Unparsed Address: 5 Payne Street, Sanford, ME 04083
Directions: Route 109 (Main Street) Springvale, take a right at light onto Bridge Street. Straight onto Payne Street. Property right on corner of Payne and Pleasant Streets.

Public facts

Beds: 9
Baths: 4.0
Sq. Ft.: 3,452
Stories: 3.0
Parking Spaces: 5
Basement: Yes
Accessible: No
Lot Size: 8,712 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1930
Year Renovated: 2020
County: York County
APN: 81800
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Jan 16, 2020

Around this home

Schools

Some nearby schools may not be within this home's attendance zone. Please check the Sanford Public Schools website to verify.

Carl J Lamb School

Public PreK-4 • 0.8mi

5/10

Sanford Middle School

Public 5-8 • 1.1mi

4/10

Sanford High School

Public 9-12 • 3.9mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 97° expected this year, 17 days in 30 years

4/10 Wind Factor

18% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Springvale, ME • 04083

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.6 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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459 Hanson's Ridge Rd, Springvale, ME 04083

Home values near 5 Payne St

Data from public records.

Address	Redfin Estimate
15 Payne St, Springvale, ME 6 Beds \| 3 Baths \| 2937 Sq. Ft.	$402,460
19 Payne St, Springvale, ME 3 Beds \| 2 Baths \| 1424 Sq. Ft.	$259,459

Address	Redfin Estimate
11 Payne St, Springvale, ME 3 Beds \| 1 Baths \| 1186 Sq. Ft.	—
3 George St, Springvale, ME 4 Beds \| 2 Baths \| 3010 Sq. Ft.	$372,447

Address	Redfin Estimate
7 Payne St, Springvale, ME 4 Beds \| 3 Baths \| 2665 Sq. Ft.	$400,399
9 Harris St, Springvale, ME 3 Beds \| 1.5 Baths \| 1262 Sq. Ft.	$288,464

Property information provided by MREIS when last listed in 2018. This data may not show owner updates. Learn more.

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About this home

Redfin Estimate

Market trends in 04083, ME

Sale history for 5 Payne St

Tax history for 5 Payne St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 04083

Home values near 5 Payne St

More real estate resources