NOT LISTED FOR SALE

Estimated Value: $462,000 - $524,000

6 Beds
3 Baths
2,640 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 23, 2016

Last sale price $150,000 $57 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $3,168/month

129 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Shed
  • Wood Flooring
  • No HOA
  • Forced Air Heating System

About This Home

As of November 2016

Major upgrades done in 2013-New wiring, plumbing,windows,siding,3 Rinnai heaters & 3 electric hot water tanks. Each unit has it's own heater, so you can let the tenants pay for their own heat, if you choose. Off street parking for 3 cars. Walking distance to Biddeford's "revitalized" down town amenities. No real exterior maintenance needed,easy building to maintain & own.48 hour notice required for showings. Annual Expenses-Insurance-$1,880,Propane-$2,300,Taxes-$2,673,Water-$258,Sewer-$1,062, CMP-$156

Last Agent to Sell the Property

David Trottier

RE/MAX Realty One Listed on: 06/03/2016

Last Buyer's Agent

Shahram Safari

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,673

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Mansard Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,640 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Shed

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 222
  • Assessor Parcel Number 1WentworthBiddeford04005

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $8,330
  • Gross Income $31,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,673

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • MLS Status: Closed
  • Directions: Corner Of South & Wentworth Streets. Sign out front.
  • Above Grade Finished Sq Ft: 2640.0
  • Architectural Style: Mansard
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2640.0
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 31500.0
  • Income Expenses Operating Expenses: 8330.0
  • Parking:On Site2: Yes
  • Basement:Dirt Floor: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Foundation Materials:Granite2: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Style:Mansard: Yes
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Dirt Floor, Full, Partial, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Other Structures: Shed(s)
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: 1WentworthBiddeford04005
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 31500.0
  • Annual Operating Expense: 8330.0

Tax Info

  • Tax Annual Amount: 2673.0
  • Tax Book Number: 16321
  • Tax Lot: 222
  • Tax Map Number: 38
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2016
Closed on
Nov 28, 2016
Sold by
Langevin Properties L L C
Bought by
Cioban Ionut V
Seller's Agent
David Trottier
RE/MAX Realty One
Buyer's Agent
Shahram Safari
Keller Williams Realty
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Current Estimated Value
$502,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,333
Avg. Annual Appreciation
16.09%
Original Mortgage
$147,283
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 16, 2012
Closed on
May 2, 2012
Sold by
2007-A Inabs
Bought by
Deutsche Bk Natl T Co Tr and Inabs 2007-A
Seller's Agent
Bill Trask
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
David Dunn
The Real Estate Store
List Price
$53,500
Sold Price
$49,000
Premium/Discount to List
-$4,500
-8.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.95%

Purchase Details

Closed on
May 15, 2006
Sold by
Israelson Matthew S
Bought by
Babb Annette J and Babb William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cioban Ionut V -- --
Deutsche Bk Natl T Co Tr -- --
Babb Annette J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cioban Ionut V $137,000
Closed Cioban Ionut V $100,000
Closed Cioban Ionut V $147,283
Closed Babb Annette J $11,700
Closed Babb William E $206,000
Closed Babb Annette J $172,000
Closed Babb Annette J $21,500
Previous Owner Israelson Matthew S $166,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2016 11/23/16 Sold $150,000 -14.3% $57 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $175,000 +257.1% $66 / Sq Ft
05/11/2012 05/11/12 Sold $49,000 -8.4% $19 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
03/17/2012 03/17/12 For Sale $53,500 -- $20 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,424 $311,100 $108,800 $202,300
2023 $4,044 $308,200 $108,800 $199,400
2022 $3,569 $217,500 $56,300 $161,200
2021 $3,405 $186,800 $46,100 $140,700
2020 $3,003 $149,800 $35,800 $114,000
2019 $2,993 $149,800 $35,800 $114,000
2018 $2,951 $149,800 $35,800 $114,000
2017 $2,756 $137,300 $35,800 $101,500
2016 $2,727 $137,300 $35,800 $101,500
2015 $2,673 $137,300 $35,800 $101,500
2014 $2,607 $137,300 $35,800 $101,500
2013 -- $193,500 $60,000 $133,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1267439

Maine Listings

APN: BIDD-000038-000000-000222