Pressley Lawrence
Ferraro Realty LLC
(207) 705-0661
41 Total Sales
1 in Downtown Biddeford
$235,500 Price
13 Summer St Biddeford, ME 04005
Downtown Biddeford Neighborhood
--
Bed
7
Baths
7,020
Sq Ft
7,841
Sq Ft Lot
Highlights
- Property is near a beach
- Wood Flooring
- Forced Air Zoned Heating System
- Property is near public transit and shops
- No HOA
- 4-minute walk to Shevenell Park
About This Home
As of October 2023Large in town 7 Unit building consisting of 3-three bedroom units, two with double living rooms, 2-two bedroom units & 2-one bedroom units. This building is in very good condition mechanically with updated windows, two newer furnaces & a new rubber roof on the front building in 2021. Mostly all hardwood flooring throughout all of the units. Adequate on site parking for 12 cars. Terrific in town location within walking distance to all down town amenities, bus line & Amtrak. Currently the rents are below market rates. Plenty of room for raising the income. All tenants pay their own hot water. ''6 apartments are tenants at will''. These larger buildings don't come by often. SHOWINGS WILL BE TUESDAY AT 3:00 & FRIDAY AT 3:00. 24 HOUR NOTICE IS REQUIRED.
Last Buyer's Agent
Josh Soley
Compass Commercial Brokers, LLC
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,980
Year Built
- Built in 1920
Lot Details
- 7,841 Sq Ft Lot
- Level Lot
- Open Lot
Home Design
- Flat Roof Shape
- Concrete Foundation
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Membrane Roofing
- Aluminum Siding
- Block Exterior
- Concrete Perimeter Foundation
- Masonry
- Stucco
Interior Spaces
- 7,020 Sq Ft Home
- 3-Story Property
- Washer and Dryer Hookup
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 7 Full Bathrooms
- Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
Outdoor Features
- Property is near a beach
Location
- Property is near public transit and shops
- City Lot
Utilities
- No Cooling
- Forced Air Zoned Heating System
- Heating System Uses Oil
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 422
- Assessor Parcel Number 13SummerBiddeford04005
Community Details
Overview
- No Home Owners Association
- 7 Units
Building Details
- Operating Expense $25,720
- Gross Income $132,900
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2023
Closed on
Oct 20, 2023
Sold by
Bought by
Seller's Agent
David Trottier
Realty Sales Inc
Buyer's Agent
Josh Soley
Compass Commercial Brokers, LLC
List Price
$1,150,000
Sold Price
$950,000
Premium/Discount to List
-$200,000
-17.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$923,289
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Biddeford, ME
-
Pressley Lawrence
-
Julie Rosenthal
Julie Rosenthal
Portside Real Estate Group
(207) 503-2620
129 Total Sales
2 in Downtown Biddeford
$280K - $718K Price Range
-
Michael Hamilton
Michael Hamilton
Keller Williams Realty
(207) 962-1250
273 Total Sales
3 in Downtown Biddeford
$375K - $700K Price Range
-
Jennifer Whitehead
Jennifer Whitehead
Dream Home Realty LLC
(207) 464-2499
126 Total Sales
1 in Downtown Biddeford
$325,000 Price
-
Adam Hedio
Adam Hedio
Coldwell Banker Realty
(207) 977-2927
173 Total Sales
8 in Downtown Biddeford
$262K - $740K Price Range
-
Jeremy Lock
Jeremy Lock
Waypoint Brokers Collective
(207) 387-7945
85 Total Sales
1 in Downtown Biddeford
$545,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $950,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $950,000 | ||
| Closed | $32,813 | ||
| Previous Owner | $250,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2023 10/20/23 | Sold | $950,000 | -17.4% | $135 / Sq Ft |
| 09/13/2023 09/13/23 | For Sale | $1,150,000 | -- | $164 / Sq Ft |
| 08/31/2023 08/31/23 | Pending | -- | -- | -- |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $12,904 | $863,700 | $118,700 | $745,000 |
| 2024 | $12,081 | $849,600 | $118,700 | $730,900 |
| 2023 | $11,147 | $849,600 | $118,700 | $730,900 |
| 2022 | $8,980 | $547,200 | $115,800 | $431,400 |
| 2021 | $8,424 | $462,100 | $94,800 | $367,300 |
| 2020 | $7,639 | $381,000 | $73,700 | $307,300 |
| 2019 | $7,612 | $381,000 | $73,700 | $307,300 |
| 2018 | $7,506 | $381,000 | $73,700 | $307,300 |
| 2017 | $6,844 | $341,000 | $73,700 | $267,300 |
| 2016 | $6,534 | $329,000 | $73,700 | $255,300 |
| 2015 | $6,406 | $329,000 | $73,700 | $255,300 |
| 2014 | $6,248 | $329,000 | $73,700 | $255,300 |
| 2013 | -- | $342,300 | $114,800 | $227,500 |
Source: Public Records
Agents Affiliated with this Home
-
David Trottier
Seller's Agent in 2023
David Trottier
Realty Sales Inc
(207) 229-0559
12 in this area
132 Total Sales
-
J
Buyer's Agent in 2023
Josh Soley
Compass Commercial Brokers, LLC
Map
Source: Maine Listings
MLS Number: 1569318
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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