NOT LISTED FOR SALE

13 Parent Ave Biddeford, ME 04005

Estimated Value: $582,000 - $726,000

5 Beds
3.5 Baths
3,047 Sq Ft
$209/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $482,200 $158 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,040/month

58 Days on Market

Highlights

  • 1.15 Acre Lot
  • Wood Flooring
  • No HOA
  • Deck
  • New Englander Architecture
  • 1-minute walk to Clifford Park

About This Home

As of December 2021

Investors delight! Cash flowing 3 unit in a great neighborhood! Large 1.15 acre lot which allows for additional units to be built.

Last Listed By

Matt and Gena Lamontagne

Signature Homes Real Estate Group, LLC Listed on: 11/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,071

Year Built

  • Built in 1840

Lot Details

  • 1.15 Acre Lot
  • Landscaped

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,047 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

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

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Internet Available

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number BIDD-000039-000000-000303

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,839
  • Gross Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,071

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.15
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: To access property GPS 13 Parent Avenue...take Pool Street to Parent Avenue
  • Above Grade Finished Sq Ft: 3047.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1840
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 1.15
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3047.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: 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
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 44400.0
  • Income Expenses Operating Expenses: 11839.0
  • Parking:On Site2: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Landscaped, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 50094.0
  • Parcel #: BIDD-000039-000000-000303
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 44400.0
  • Annual Operating Expense: 11839.0

Tax Info

  • Tax Annual Amount: 4071.0
  • Tax Book Number: 17575
  • Tax Lot: 303
  • Tax Map Number: 39
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2017
Closed on
Oct 5, 2017
Sold by
Labrecque Ronald R and Fortier-Labrecque Marie G
Bought by
Leboeuf John P
Seller's Agent
Gerard Labrecque
Bean Group
Buyer's Agent
Corki Gray
Keller Williams Realty
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Total Days on Market
58
Current Estimated Value
$637,333

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
10.59%
Original Mortgage
$279,837
Interest Rate
3.86%
Mortgage Type
FHA

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
Leboeuf John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casey Tim $361,650
Closed Leboeuf John P $279,837
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $482,200 -3.6% $158 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $500,000 +75.4% $164 / Sq Ft
10/04/2017 10/04/17 Sold $285,000 -5.0% $94 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $300,000 -- $98 / 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 $6,078 $427,400 $156,200 $271,200
2023 $5,558 $423,600 $156,200 $267,400
2022 $4,575 $278,800 $82,000 $196,800
2021 $4,359 $239,100 $67,000 $172,100
2020 $4,070 $203,000 $52,300 $150,700
2019 $4,056 $203,000 $52,300 $150,700
2018 $3,999 $203,000 $52,300 $150,700
2017 $3,522 $175,500 $52,300 $123,200
2016 $3,485 $175,500 $52,300 $123,200
2015 $3,417 $175,500 $52,300 $123,200
2014 $3,333 $175,500 $52,300 $123,200
2013 -- $233,500 $73,700 $159,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1507541

Maine Listings

APN: BIDD-000039-000000-000303