NOT LISTED FOR SALE

100 Granite St Biddeford, ME 04005

Estimated Value: $643,000 - $746,810

7 Beds
3 Baths
2,827 Sq Ft
$243/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $600,000 $212 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,280/month

8 Days on Market

Highlights

  • Public Beach
  • Property is near public transit
  • Corner Lot
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of April 2023

NICE INVESTOR OR OWNER OCCUPIED 3 UNIT WITH A 2 CAR GARAGE & CARPORT. FHA 96.5% FINANCING AVAILABLE. Great location and close to all amenities. All the units are in great condition. 3 separate heating systems, all tenants heat themselves. 1st floor rear unit has central air. Rents are all below market rates. Plenty of room to increase all the rents to current market rates. Annual Expenses- Water $667, Sewer $977,Insurance $1,178, Property Taxes $4,910, Heating Expenses- Zero (tenants heat themselves). Due to tenants work schedules, SHOWING SCHEDULE IS SATURDAY MARCH 11TH AT 12:00. NOTICE REQUIRED. This is a real nice property and well worth previewing.

Last Agent to Sell the Property

David Trottier

Realty Sales Inc Listed on: 03/04/2023

Last Buyer's Agent

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,909

Year Built

  • Built in 1920

Lot Details

  • 0.28 Acre Lot
  • Public Beach
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,827 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 100GraniteStBiddeford04005

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $7,732
  • Gross Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,909

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • MLS Status: Closed
  • Directions: 100 Granite Street. Corner of Granite & Paul Streets. Sign out front.
  • Above Grade Finished Sq Ft: 2827.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.28
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2827.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: 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
  • Water Heater:On Demand: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 35400.0
  • Income Expenses Operating Expenses: 7732.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Basement:Sump Pump: Yes
  • Roof:Membrane: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Transportation:Rail Available: Yes
  • Roof:Flat: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: Bathtub, Storage

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Flat, Membrane, Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Garage Door Opener, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Forced Air, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12196.8
  • Parcel #: 100GraniteStBiddeford04005
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 35400.0
  • Annual Operating Expense: 7732.0

Tax Info

  • Tax Annual Amount: 4909.0
  • Tax Book Number: 17096
  • Tax Lot: 159
  • Tax Map Number: 29
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2023
Closed on
Apr 7, 2023
Sold by
Martin Lisa
Bought by
100 Granite St Llc
Seller's Agent
David Trottier
Realty Sales Inc
Buyer's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$549,000
Sold Price
$600,000
Premium/Discount to List
$51,000
9.29%
Current Estimated Value
$687,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,953
Avg. Annual Appreciation
3.57%
Original Mortgage
$480,000
Outstanding Balance
$470,807
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,977

Purchase Details

Listed on
Apr 3, 2014
Closed on
Jun 4, 2014
Sold by
Vadnais Paul N and Vadnais Claudette M
Bought by
Martin Lisa and Martin Ryan
Seller's Agent
CJ Dubois-Cote
Keller Williams Realty
Buyer's Agent
Ryan Martin Lisa Martin
Bean Group
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.58%
Original Mortgage
$176,641
Interest Rate
4.33%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2013
Sold by
Vadnais Leo G Est
Bought by
Vadnais Claudette M
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
100 Granite St Llc $600,000 None Available
Martin Lisa -- --
Vadnais Claudette M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 100 Granite St Llc $480,000
Previous Owner Martin Lisa $200,000
Previous Owner Martin Lisa $176,650
Previous Owner Martin Lisa $176,641
Previous Owner Vadnais Paul N $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $600,000 +9.3% $212 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
03/04/2023 03/04/23 For Sale $549,000 +205.2% $194 / Sq Ft
06/02/2014 06/02/14 Sold $179,900 0.0% $64 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $179,900 -- $64 / 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 $6,375 $448,300 $150,400 $297,900
2023 $5,792 $441,500 $147,700 $293,800
2022 $4,910 $299,200 $83,100 $216,100
2021 $4,723 $259,100 $70,300 $188,800
2020 $4,351 $217,000 $63,900 $153,100
2019 $4,336 $217,000 $63,900 $153,100
2018 $4,275 $217,000 $63,900 $153,100
2017 $4,018 $200,200 $63,900 $136,300
2016 $3,976 $200,200 $63,900 $136,300
2015 $3,898 $200,200 $63,900 $136,300
2014 $3,612 $200,200 $63,900 $136,300
2013 -- $231,000 $75,200 $155,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1553347

Maine Listings

APN: BIDD-000029-000000-000159