NOT LISTED FOR SALE

109 Prospect St Biddeford, ME 04005

Estimated Value: $429,876 - $547,000

3 Beds
2 Baths
1,756 Sq Ft
$278/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $278,500 $159 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,002/month

52 Days on Market

Highlights

  • Nearby Water Access
  • Corner Lot
  • 2 Car Detached Garage
  • Main Floor Bedroom
  • No HOA
  • In-Law or Guest Suite

About This Home

As of January 2020

Motivated Sellers! 2 Family / Duplex home on a corner lot boasting 0.3 Acres and a 2 car garage w/ power openers. Zoning allows an additional dwelling unit to be built or enjoy the use of a large fenced-in level yard. Tie into existing public utilities and make a very cost effective investment now or later. Building has many updates including new rubber roof in 2017, new insulation, 2 new kitchens, new flooring, New sheet rock ceilings and walls. Plumbing and electrical was updated in the process including Hard-wired smoke detectors. 2 Separate efficient heating systems. New garage roof in 2019.
Wheel Chair ramp for first floor unit. Laundry in both units. A solid Investment! Move in and collect rent immediately. Call to set up a showing today. Open Saturday 10/19 from 11-1pm

Last Agent to Sell the Property

Benjamin Byther

EXP Realty Listed on: 10/02/2019

EXP Realty

Last Buyer's Agent

Shohreh Azadian

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,728

Year Built

  • Built in 1920

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • 1,756 Sq Ft Home
  • Duplex
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Aluminum Siding
  • Concrete Perimeter Foundation

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Nearby Water Access
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 282
  • Assessor Parcel Number BIDD-000034-000000-000282

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,728

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From 5 Points take West street, then left onto Prospect Street just before baseball field. Property on the Right at corner of Westfield and Prospect.
  • Above Grade Finished Sq Ft: 1756.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1756.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: 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
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Block3: Yes
  • Parking:Paved3: Yes
  • Style:Duplex: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Heat System:Radiator: Yes
  • Amenities:In-Law Apartment: Yes
  • Exterior:Aluminum Siding: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Roof:Membrane: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Walk-Out Access, Full, Doghouse
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate
  • Interior Amenities: 1st Floor Bedroom, In-Law Floorplan
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Glass Enclosed
  • Roof: Membrane, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: BIDD-000034-000000-000282
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2728.0
  • Tax Book Number: 17260
  • Tax Lot: 282
  • Tax Map Number: 34
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Alshami Aya J
Bought by
Alshami Enas
Current Estimated Value
$486,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,686
Outstanding Balance
$246,995
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$240,724

Purchase Details

Listed on
Oct 2, 2019
Closed on
Jan 17, 2020
Sold by
Hodgkins Maranda and Crowe Joseph
Bought by
Alshami Aya J
Seller's Agent
Benjamin Byther
EXP Realty
Buyer's Agent
Shohreh Azadian
Keller Williams Realty
List Price
$315,000
Sold Price
$278,500
Premium/Discount to List
-$36,500
-11.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$255,036
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 23, 2016
Sold by
Mello Rieco
Bought by
Crowe Joseph and Hodgkins Maranda
Seller's Agent
Benjamin Byther
RE/MAX Shoreline
Buyer's Agent
Benjamin Byther
EXP Realty
List Price
$145,000
Sold Price
$149,000
Premium/Discount to List
$4,000
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.15%
Original Mortgage
$146,301
Interest Rate
3.57%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Alshami Enas -- None Available
Alshami Enas -- None Available
Alshami Aya J -- None Available
Alshami Aya J -- None Available
Crowe Joseph -- --
Crowe Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alshami Enas $275,686
Closed Alshami Enas $275,686
Previous Owner Alshami Aya J $255,036
Previous Owner Crowe Joseph $146,301
Previous Owner Mello Rieco $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $278,500 -11.6% $159 / Sq Ft
11/24/2019 11/24/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $315,000 +111.4% $179 / Sq Ft
06/22/2016 06/22/16 Sold $149,000 +2.8% $85 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $145,000 -- $83 / 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 $4,056 $285,200 $152,000 $133,200
2023 $3,684 $280,800 $149,600 $131,200
2022 $3,016 $183,800 $84,200 $99,600
2021 $2,879 $157,900 $71,200 $86,700
2020 $2,777 $138,500 $64,700 $73,800
2019 $2,767 $138,500 $64,700 $73,800
2018 $2,728 $138,500 $64,700 $73,800
2017 $2,721 $135,600 $64,700 $70,900
2016 $2,693 $135,600 $64,700 $70,900
2015 $2,640 $135,600 $64,700 $70,900
2014 $2,575 $135,600 $64,700 $70,900
2013 -- $169,500 $75,400 $94,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1435044

Maine Listings

APN: BIDD-000034-000000-000282