NOT LISTED FOR SALE
-- Bed
7 Baths
4,552 Sq Ft
0.95 Acre Lot

Sale Details

Date Sold: September 8, 2021

Last sale price $750,000 $165 Per Sq Ft

36 Days on Market

Highlights

  • Additional Residence on Property
  • 250 Feet of Waterfront
  • Wood Flooring
  • Deeded Waterfront Access Rights
  • 0.95 Acre Lot
  • Main Floor Bedroom

About This Home

As of September 2021

Back on market at no fault of seller! One of a kind riverfront property with 250 feet of owned waterfront on the Saco River. This property consists of a 4 bedroom single family home and a 6-unit apartment building. The multifamily is made up of four 1 bedroom and two 2 bedroom units. The property offers expansive and beautiful river views. Well maintained with numerous upgrades and zero vacancies the last two years.

Last Agent to Sell the Property

Stacy Salvo

Keller Williams Realty Listed on: 08/03/2021

Co-Listed By

Tiffany Hampton

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Joshua Caron

Maine Community Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,895

Year Built

  • Built in 1928

Lot Details

  • 41,382 Sq Ft Lot
  • 250 Feet of Waterfront
  • River Front
  • Property fronts a freeway
  • Lot Has A Rolling Slope

Parking

  • 1 Car Attached Garage
  • Subterranean Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Block Exterior
  • Vinyl Siding
  • Radon Mitigation System
  • Masonry

Interior Spaces

  • 4,552 Sq Ft Home
  • 3-Story Property
  • Screened Porch
  • Home Security System
  • Laundry on main level

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 7 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Nearby

Additional Homes

  • Additional Residence on Property

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 141-143CleavesStreetBiddeford04005

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $34,912
  • Gross Income $71,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,895

Year Built

Built in 1928

Lot Details

0.95 Acres

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.95
  • Road Surface Type: Paved
  • Water Body Name: Saco River
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: From South: I-95 Exit 32. Left onto Elm St, Right onto Alfred, becomes Main St, Right onto Water Street, Left onto Cleaves St. From North: I-95 Exit 36 to I-195. Exit 2A to Main St, left on Water St, Left on Cleaves St.
  • Above Grade Finished Sq Ft: 4552.0
  • Architectural Style: Duplex, Multi-Level, Other Style
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1928
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 173.33
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.95
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 4552.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • 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:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Security System: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 7
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 71740.0
  • Income Expenses Operating Expenses: 34912.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:RiverBrookStream: Yes
  • Water Info:Waterfront Amount -: 250.0
  • Water Info:Water Frontage Owned -: 250.0
  • Recreational Water:Deeded: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Utility Info Electric On Site: Yes
  • Water Heater:Tank: Yes
  • Roof:Membrane: Yes
  • Basement Entry:Exterior Only: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Vehicle Storage:Under: Yes
  • Electric:Fuses: Yes
  • Building Info:_pound_ Floors3: 3
  • Construction:Masonry: Yes
  • Exterior:Block2: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Advertising Remarks:Advertising Remarks: One of a kind riverfront property with 250 feet of owned waterfront on the Saco River. This property consists of a 4 bedroom single family home and a 6-unit apartment building. The multifamily is made up of four 1 bedroom and two 2 bedroom units. The property offers expansive and beautiful river views. Well maintained with numerous upgrades and zero vacancies the last two years.
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 7
  • Flooring: Wood, Laminate
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Block, Masonry, Wood Frame
  • Patio And Porch Features: Screened
  • Roof: Membrane, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 11 - 20 Spaces, Paved, On Site, Garage Door Opener, Off Street, Underground

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: On Site, Fuses, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Biddeford Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 41382.0
  • Parcel #: 141-143CleavesStreetBiddeford04005
  • Zoning: R2

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 71740.0
  • Annual Operating Expense: 34912.0

Tax Info

  • Tax Annual Amount: 6895.0
  • Tax Lot: 29
  • Tax Year: 2020

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
Aug 3, 2021
Closed on
Sep 8, 2021
Sold by
Bought by
Seller's Agent
Stacy Salvo
Keller Williams Realty
Buyer's Agent
Joshua Caron
Maine Community Real Estate
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
0.028%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
0.039%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- 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 $250,000
Open $637,500
Closed $637,500
Previous Owner $350,000
Closed $80,000
Previous Owner $237,500
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
09/08/2021 09/08/21 Sold $750,000 -9.1% $165 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $825,000 -- $181 / 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 $10,076 $674,400 $308,300 $366,100
2024 $9,492 $667,500 $308,300 $359,200
2023 $8,714 $664,200 $305,000 $359,200
2022 $7,307 $445,300 $180,400 $264,900
2021 $6,984 $383,100 $156,400 $226,700
2020 $6,907 $344,500 $145,700 $198,800
2019 $6,883 $344,500 $145,700 $198,800
2018 $6,787 $344,500 $145,700 $198,800
2017 $6,410 $319,400 $145,700 $173,700
2016 $6,343 $319,400 $145,700 $173,700
2015 $6,219 $319,400 $145,700 $173,700
2014 -- $319,400 $145,700 $173,700
2013 -- $444,000 $240,600 $203,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1495870

Maine Listings

APN: BIDD M:41 L:29

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