NOT LISTED FOR SALE

111 May St Biddeford, ME 04005

Estimated Value: $384,000 - $453,431

5 Beds
2 Baths
1,776 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 20, 2020

Last sale price $152,000 $86 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,596/month

13 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Hot Water Heating System
  • No HOA
  • Forced Air Heating System
  • Open Lot

About This Home

As of February 2020

Hard to find spacious 2 unit located in great neighborhood. This lovely property has a 2 and 3 bedroom unit. Each unit has a large kitchen, wood flooring and FHW oil heating. There is a full basement, an attached garage, covered porches for both units and is within walking distance to shopping.

Last Agent to Sell the Property

Dan Patry

Patry Family Realty, Inc. Listed on: 12/13/2019

Last Buyer's Agent

Dan Patry

Patry Family Realty, Inc. Listed on: 12/13/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,251

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Open Lot
  • Lot Has A Rolling Slope

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 1,776 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Suburban Location

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 106
  • Assessor Parcel Number BIDD-000027-000000-000106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,251

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Head southeast on Main St. toward Elm St., turn right onto Elm St., Turn right onto South St., Turn left onto May St. Destination will be on the left.
  • Above Grade Finished Sq Ft: 1776.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1776.0
  • Property Information:Garage: 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 System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Style:Multi-Level: Yes
  • Site:RollingSloping: Yes
  • Property Information:Bank Owned REO: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Other
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Sidewalks, Near Shopping, Near Town, Neighborhood, Suburban
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced 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: 5227.2
  • Parcel #: BIDD-000027-000000-000106
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3251.0
  • Tax Book Number: 36739
  • Tax Lot: 106
  • Tax Map Number: 27
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2019
Closed on
Jan 3, 2020
Sold by
Fnma
Bought by
48 Elm Llc
Seller's Agent
Dan Patry
Patry Family Realty, Inc.
Buyer's Agent
Dan Patry
Patry Family Realty, Inc.
List Price
$127,000
Sold Price
$152,000
Premium/Discount to List
$25,000
19.69%
Current Estimated Value
$414,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,858
Avg. Annual Appreciation
20.51%
Original Mortgage
$172,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2019
Sold by
Mckeown Elizabeth A
Bought by
Federal National Mortgage Association
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
48 Elm Llc $152,000 None Available
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 48 Elm Llc $172,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2020 02/20/20 Sold $152,000 +19.7% $86 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
12/13/2019 12/13/19 For Sale $127,000 -- $72 / 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 $4,856 $341,500 $142,100 $199,400
2023 $4,407 $335,900 $139,600 $196,300
2022 $3,595 $219,100 $71,800 $147,300
2021 $3,431 $188,200 $60,800 $127,400
2020 $3,262 $162,700 $55,300 $107,400
2019 $3,251 $162,700 $55,300 $107,400
2018 $3,205 $162,700 $55,300 $107,400
2017 $3,173 $158,100 $55,300 $102,800
2016 $3,140 $158,100 $55,300 $102,800
2015 $2,884 $158,100 $55,300 $102,800
2014 $2,812 $158,100 $55,300 $102,800
2013 -- $196,700 $69,300 $127,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1440803

Maine Listings

APN: BIDD-000027-000000-000106