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63 Elm Street, Mechanic Falls, ME, 04256

2beds
1baths
725sqft
$199,400
$275price/sqft
$1,519/moest. monthly cost
$60,760/yrincome needed

About This Home

Don't miss out on this beautiful train station turned single family home! This 2 bed 1 bath sits right in the heart of Mechanic Falls, just seconds from the town center. 63 Elm St. features fresh new paint throughout the home, new kitchen cabinets, hardware, and door knobs, as well as a new water heater (installed 11/25/2025). This home is move in ready! This property is truly one of a kind with it's historic charm on the outside, and modern living on the inside. There is room above the ceiling to possibly build a loft for added space. Reach out today to schedule a showing so we can get you in your new charming home!

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

7/10
4/10

Construction

Materials

  • Roof: Shingle
  • Construction materials: Wood Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: New Englander
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Crawl Space

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • 1st Floor Bedroom,One-Floor Living
  • Flooring: Carpet,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 725

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 725
  • Total interior livable area: 725 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Zoning: Downton Business

Features

  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 10,018 sqft
  • Features: Business District,City Lot,Near Railroad,Level,Open Lot

Parking

  • Total spaces: 1
  • Parking features: Gravel,1 - 4 Spaces,5 - 10 Spaces
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Drought
    DroughtModerate
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Ice Storm
Lightning
Drought
Hurricane
Strong Wind

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,008$12,096
Home Insurance $70$840
Property Taxes $197$2,364
Electricity $244$2,930
Total$1,519$18,228

Income You'd Need if You Spent...

35% on housing$52,080/yr
40% on housing$45,570/yr
45% on housing$40,506/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$275This listing

vs Other Active Listings

Avg $/sqft

ZIP 04256$167
Androscoggin County$176

vs Homes Sold Last Month

Median $/sqft

ZIP 04256$198
Androscoggin County$196

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-29Listed for sale$229,207
2026-02-21Listing removed$229,900
2025-12-01Listed for sale$229,900
2025-11-11Listing removed$214,900
2025-09-24Pending sale$214,900
2025-07-08Listed for sale$214,900
2022-01-14Sold$67,000
2021-12-01Pending sale$79,900
2021-12-01Price change$79,900
2021-11-19Price change$87,900
2021-11-12Price change$94,900
2021-11-03Listed for sale$99,900
2010-11-28Listing removed$89,900
2010-11-13Listed for sale$89,900

For Sale by Agent

AgentCameron Gagne
BrokerageTim Dunham Realty

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