Melinda Torrens
Epique Realty
(833) 268-6193
29 Total Sales
1 in Biddeford
$435,000 Price
138 Summer St Biddeford, ME 04005
Biddeford AreaEstimated Value: $702,992
6
Beds
4
Baths
2,362
Sq Ft
$298/Sq Ft
Est. Value
Highlights
- Property is near a beach
- Deck
- Wood Flooring
- Cape Cod Architecture
- Property is near public transit and shops
- No HOA
About This Home
As of March 2022Looking for a way to live for free in extremely desirable southern Maine? Perhaps you're in the market for a property with a proven track record of incredible cash flow? This 3 unit in a quiet neighborhood in one of Maine's most up and coming cities has undergone many renovations and improvements. Rents are market rate with room to grow. Many new windows, new oil tank, new water heater, new thermostat, and expanded driveway. This property features a 4 bedroom 2 bathroom unit and two 1 bedroom 1 bathroom units, all with a very chic aesthetic and in tremendous demand. Plenty of yard space, and two separate driveways with ample parking. Minutes away from UNE, Biddeford Pool, beaches, fabulous restaurants, grocery stores, and the highway. When the wind is just right, smell the salty ocean air walking out of your massive townhouse style unit as your tenants pay your mortgage in rapidly appreciating southern Maine: the embodiment of 'the way life should be'. offers due by Tuesday at 12 noon
Last Buyer's Agent
Craig Priestly
EXP Realty
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,808
Year Built
- Built in 1880
Lot Details
- 18,731 Sq Ft Lot
- Property fronts a freeway
- Open Lot
- Lot Has A Rolling Slope
Home Design
- 2,362 Sq Ft Home
- Cape Cod Architecture
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Flooring
- Wood
- Tile
- Vinyl
Basement
- Interior Basement Entry
- Sump Pump
- Dirt Floor
- Crawl Space
Parking
- Driveway
- Paved Parking
Outdoor Features
- Property is near a beach
- Deck
- Shed
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Gas
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
Additional Features
- 4 Full Bathrooms
- Washer and Dryer Hookup
- Property is near public transit and shops
Listing and Financial Details
- Tax Lot 25
- Assessor Parcel Number BIDD-000035-000000-000025
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $11,162
- Gross Income $51,900
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
Jan 21, 2022
Closed on
Mar 25, 2022
Sold by
Lusardi Sasha and Lusardi Joseph
Bought by
Seller's Agent
Owen Seekamp
Harborview Properties, Inc.
Buyer's Agent
Craig Priestly
EXP Realty
List Price
$449,000
Sold Price
$502,000
Premium/Discount to List
$53,000
11.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,992
Avg. Annual Appreciation
7.75%
Original Mortgage
$492,907
Outstanding Balance
$448,039
Interest Rate
3.43%
Mortgage Type
FHA
Estimated Equity
$254,953
Purchase Details
Listed on
Jun 1, 2019
Closed on
Aug 13, 2019
Sold by
Dupuis Jason T and Dupuis Jonathan W
Bought by
Georges Sasha C and Lusardi Joseph
Seller's Agent
Matthew Vire
Coldwell Banker Realty
Buyer's Agent
Tyler Hall
Keller Williams Realty
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.82%
Original Mortgage
$265,109
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 23, 2010
Sold by
Department Of Housing & Urban Dev
Bought by
Dupuis Jason T and Dupuis Jonathan W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.37%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 26, 2010
Sold by
Huntley Michael S
Bought by
Wells Fargo Bank Na
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Biddeford, ME
-
Melinda Torrens
-
Holly Bancroft Brown
Holly Bancroft Brown
Hearth & Key Realty
(207) 515-8627
62 Total Sales
1 in Biddeford
$300,000 Price
-
Thomas Gadbois
Thomas Gadbois
F.O. Bailey Real Estate
(207) 560-4919
140 Total Sales
1 in Biddeford
$450,000 Price
-
Katherine Scamman
Katherine Scamman
EXP Realty
(207) 610-6829
77 Total Sales
2 in Biddeford
$320K - $399K Price Range
-
Roslind Anton
Roslind Anton
EXP Realty
(207) 503-3755
163 Total Sales
13 in Biddeford
$260K - $839K Price Range
-
Steve Foglio
Steve Foglio
Real Estate 2000 ME/NH
(207) 806-5265
166 Total Sales
1 in Biddeford
$400,000 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 |
|---|---|---|---|
| $502,000 | None Available | ||
| Georges Sasha C | -- | -- | |
| Dupuis Jason T | $58,500 | -- | |
| Wells Fargo Bank Na | -- | -- | |
| Department Of Housing & Urban Dev | -- | -- |
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 | $25,723 | ||
| Open | Ngarambe Christian | $49,607 | |
| Open | Ngarambe Christian | $492,907 | |
| Previous Owner | Lusardi Joseph A | $270,000 | |
| Closed | Georges Sasha C | $265,109 | |
| Closed | Dupuis Jason T | $295,125 | |
| Previous Owner | Dupuis Jason T | $230,000 | |
| Previous Owner | Dupuis Jonathan W | $100,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 03/25/2022 03/25/22 | Sold | $502,000 | +11.8% | $213 / Sq Ft | |
| 01/25/2022 01/25/22 | Pending | -- | -- | -- | |
| 01/21/2022 01/21/22 | For Sale | $449,000 | +66.3% | $190 / Sq Ft | |
| 08/14/2019 08/14/19 | Sold | $270,000 | -1.8% | $114 / Sq Ft | View Prior Sale |
| 06/21/2019 06/21/19 | Pending | -- | -- | -- | |
| 06/01/2019 06/01/19 | For Sale | $275,000 | -- | $116 / Sq Ft |
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 | $6,338 | $424,200 | $164,500 | $259,700 |
| 2024 | $5,964 | $419,400 | $164,500 | $254,900 |
| 2023 | $5,416 | $412,800 | $161,500 | $251,300 |
| 2022 | $4,101 | $249,900 | $90,800 | $159,100 |
| 2021 | $3,940 | $216,100 | $76,800 | $139,300 |
| 2020 | $3,677 | $183,400 | $69,900 | $113,500 |
| 2019 | $3,664 | $183,400 | $69,900 | $113,500 |
| 2018 | $3,613 | $183,400 | $69,900 | $113,500 |
| 2017 | $3,436 | $171,200 | $69,900 | $101,300 |
| 2016 | $3,400 | $171,200 | $69,900 | $101,300 |
| 2015 | $3,333 | $171,200 | $69,900 | $101,300 |
| 2014 | $3,251 | $171,200 | $69,900 | $101,300 |
| 2013 | -- | $219,100 | $78,300 | $140,800 |
Source: Public Records
Agents Affiliated with this Home
-
Owen Seekamp
Seller's Agent in 2022
Owen Seekamp
Harborview Properties, Inc.
(207) 756-5157
18 Total Sales
-
CP
Buyer's Agent in 2022
Craig Priestly
EXP Realty
-
MV
Seller's Agent in 2019
Matthew Vire
Coldwell Banker Realty
-
Christian Steppe
CS
Seller Co-Listing Agent in 2019
Christian Steppe
Coldwell Banker Realty
(207) 282-5988
14 Total Sales
-
TH
Buyer's Agent in 2019
Tyler Hall
Keller Williams Realty
Map
Source: Maine Listings
MLS Number: 1518318
APN: BIDD-000035-000000-000025
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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