NOT LISTED FOR SALE

Estimated Value: $404,503 - $518,000

4 Beds
2 Baths
1,760 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $390,000 $222 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,902/month

13 Days on Market

Highlights

  • Nearby Water Access
  • Federal Architecture
  • No HOA
  • Public Beach
  • Property is near public transit
  • 5-minute walk to Shevenell Park

About This Home

As of September 2021

An incredible investment opportunity! This stately looking 2 unit sits back off the road on Alfred street and is close walking distance to downtown Biddeford. Along with an attached 2 car garage, the property has very well maintained units, making this a perfect opportunity for an investor looking to add to their portfolio, or an owner occupant who wants to off-set their mortgage payment with additional income from the other unit! Each unit has a large living room, full kitchen, 2 nicely sized bedrooms, and 1 bath. Type in the property address to YouTube to watch a video walk through, and/or come take a look for yourself! 3 OPEN HOUSES: Tuesday, 6/29 from 4pm-6pm. Wednesday, 6/30 from 5pm-7pm. And Thursday, July 1 from 10am-12pm. Offers due Thursday July 1st at 6pm. Please allow a 24 hour response time. Thanks for your interest!

Last Agent to Sell the Property

Mandy Wheeler

U&R Real Estate Listed on: 06/28/2021

Last Buyer's Agent

Mandy Wheeler

U&R Real Estate Listed on: 06/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,887

Year Built

  • Built in 1880

Lot Details

  • 4,792 Sq Ft Lot
  • Public Beach
  • Interior Lot

Parking

  • 2 Car Direct Access Garage
  • Subterranean Parking
  • Driveway

Home Design

  • Duplex
  • Federal Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,760 Sq Ft Home
  • Laminate Flooring

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access

Location

  • Property is near public transit
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 446
  • Assessor Parcel Number BIDD-000038-000000-000446

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $2,400
  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,887

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • MLS Status: Closed
  • Directions: GPS friendly
  • Above Grade Finished Sq Ft: 1760.0
  • Architectural Style: Duplex, Federal
  • Garage Yn: Yes
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1760.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 34800.0
  • Income Expenses Operating Expenses: 2400.0
  • Location:Near Public Beach: Yes
  • Roof:Pitched: Yes
  • Style:Duplex: Yes
  • Recreational Water:Nearby: Yes
  • Style:Federal: Yes
  • Foundation Materials:Granite2: Yes
  • Location:Near Railroad: Yes
  • Vehicle Storage:Under: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Laminate
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Sidewalks, Interior Lot, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Inside Entrance, Underground

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard, Hot Air
  • 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: 4791.6
  • Parcel #: BIDD-000038-000000-000446
  • Zoning: MSRD1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 34800.0
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Annual Amount: 2887.0
  • Tax Book Number: 17817
  • Tax Lot: 446
  • Tax Map Number: 38
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Sep 14, 2021
Sold by
Zoher-Alrmmahi Zainab
Bought by
Mehdi Ali A
Seller's Agent
Mandy Wheeler
U&R Real Estate
Buyer's Agent
Mandy Wheeler
U&R Real Estate
List Price
$325,000
Sold Price
$390,000
Premium/Discount to List
$65,000
20%
Current Estimated Value
$467,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,376
Avg. Annual Appreciation
4.66%
Original Mortgage
$337,301
Outstanding Balance
$307,138
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$160,238

Purchase Details

Listed on
Aug 10, 2018
Closed on
Oct 5, 2018
Sold by
Blanchard Corey J and Blanchard Terry L
Bought by
Alrammahi Zainab Z
Seller's Agent
John Mullen
Mulkerin Real Estate
Buyer's Agent
Amanda Wheeler
Roxanne York Real Estate
List Price
$189,900
Sold Price
$207,000
Premium/Discount to List
$17,100
9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.77%
Original Mortgage
$203,250
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Mehdi Ali A -- None Available
Alrammahi Zainab Z -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehdi Ali A $71,300
Open Mehdi Ali A $337,301
Previous Owner Alrammahi Zainab Z $206,000
Previous Owner Alrammahi Zainab Z $203,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $390,000 +20.0% $222 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $325,000 +57.0% $185 / Sq Ft
09/27/2018 09/27/18 Sold $207,000 +9.0% $118 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $189,900 -- $108 / 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 $4,317 $303,600 $126,300 $177,300
2023 $3,948 $300,900 $126,300 $174,600
2022 $3,356 $204,500 $60,100 $144,400
2021 $3,177 $174,300 $49,200 $125,100
2020 $2,887 $144,000 $38,300 $105,700
2019 $2,877 $144,000 $38,300 $105,700
2018 $2,837 $144,000 $38,300 $105,700
2017 $2,800 $139,500 $38,300 $101,200
2016 $2,770 $139,500 $38,300 $101,200
2015 $2,716 $139,500 $38,300 $101,200
2014 $2,649 $139,500 $38,300 $101,200
2013 -- $183,800 $61,900 $121,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1498359

Maine Listings

APN: BIDD-000038-000000-000446