NOT LISTED FOR SALE

Estimated Value: $464,700 - $591,000

4 Beds
2 Baths
2,520 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: July 6, 2021

Last sale price $420,000 $167 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,258 / mo

3 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • Corner Lot
  • Property is near public transit and shops
  • Main Floor Bedroom
  • No HOA

About This Home

As of July 2021

Investor or Owner-Occupied Opportunity for turn-key multifamily home. Significant upgrades since 2017 include mini-splits for efficient heating/cooling. Heat pump water heater, renovated kitchens and baths. Dry, walk-out granite basement with workshop area, ample room for mechanicals with access to both units. Huge parking area in rear with detached garage/storage shed. Close to town, restaurants and High School. Short drive to Amtrak, I-95, beaches, boat launch, UNE and shopping. You and your tenants will enjoy the many amenities the area offers.

Last Agent to Sell the Property

Marie Burgie

Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 05/13/2021

Co-Listed By

Michael Spenlinhauer

Keller Williams Realty Brokerage Phone: 207-967-9900

Last Buyer's Agent

Carrie Scoville Amy Foley

The Maine Real Estate Network

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,551

Year Built

  • Built in 1820

Lot Details

  • 10,454 Sq Ft Lot
  • Property fronts a freeway
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Stone Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Storage
  • Storm Windows

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Outbuilding
  • Enclosed Glass Porch

Location

  • Property is near public transit and shops

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Tankless Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number BIDD-000033-000000-000020

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $7,931
  • Gross Income $30,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,551

Year Built

Built in 1820

Lot Details

10,454 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Co List Office Phone: 207-967-9900
  • MLS Status: Closed
  • Directions: Rt 1 (Elm St) in Biddeford to South St. house is directly across the intersection of May St and South St.
  • Above Grade Finished Sq Ft: 2520.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Efficiency: Water Heater
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1820
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 148.81
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2520.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: 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
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 30900.0
  • Income Expenses Operating Expenses: 7931.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Utility Info Electric On Site: Yes
  • Water Heater:Tank: Yes
  • Water Heater:Heat Pump2: Yes
  • Foundation Materials:Granite2: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Roof:Flat: Yes
  • Roof:TarGravel: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Advertising Remarks:Advertising Remarks: Investor or Owner-Occupied Opportunity for turn-key multifamily home. Significant upgrades since 2017 include mini-splits for efficient heating/cooling. Heat pump water heater, renovated kitchens and baths. Dry, walk-out granite basement with workshop area, ample room for mechanicals with access to both units. Huge parking area in rear with detached garage/storage shed. Close to town, restaurants and High School. Short drive to Amtrak, I-95, beaches, boat launch, UNE and shopping. You and your tenants will enjoy the many amenities the area offers.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Structure Type:Duplex3: Yes
  • Window Features Storm Windows2: Yes
  • Heat System:Zoned: Yes
  • Energy Efficiency Water Heater: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater
  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Interior, Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Pantry, Shower, Storage
  • Window Features: Storm Window(s)
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Flat, Membrane, Tar/Gravel
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, 5 - 10 Spaces, Paved, On Site, Detached, Off Street
  • Parking Assigned: Yes

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Zoned, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: BIDD-000033-000000-000020
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30900.0
  • Annual Operating Expense: 7931.0

Tax Info

  • Tax Annual Amount: 3551.0
  • Tax Lot: 20
  • 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
May 13, 2021
Closed on
Jul 6, 2021
Sold by
Bought by
Seller's Agent
Marie Burgie
Coldwell Banker Realty
Buyer's Agent
Carrie Scoville Amy Foley
The Maine Real Estate Network
List Price
$375,000
Sold Price
$420,000
Premium/Discount to List
$45,000
12%
Current Estimated Value
$511,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,425
Avg. Annual Appreciation
3.95%
Original Mortgage
$378,000
Outstanding Balance
$335,450
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$175,975

Purchase Details

Listed on
Jan 17, 2017
Closed on
Mar 2, 2017
Sold by
Bought by
Seller's Agent
Christian Steppe
Coldwell Banker Realty
Buyer's Agent
Meagan Smith
Portside Real Estate Group
List Price
$199,900
Sold Price
$187,500
Premium/Discount to List
-$12,400
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.37%
Original Mortgage
$184,103
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 $378,000
Previous Owner $175,529
Previous Owner $184,103
Previous Owner $47,000
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
07/06/2021 07/06/21 Sold $420,000 +12.0% $167 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $375,000 +100.0% $149 / Sq Ft
02/28/2017 02/28/17 Sold $187,500 -6.2% $74 / Sq Ft View Prior Sale
01/22/2017 01/22/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $199,900 -- $79 / 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 $5,368 $359,300 $146,600 $212,700
2024 $5,054 $355,400 $146,600 $208,800
2023 $4,587 $349,600 $144,000 $205,600
2022 $3,881 $236,500 $81,100 $155,400
2021 $3,715 $203,800 $68,700 $135,100
2020 $3,551 $177,100 $62,400 $114,700
2019 $3,538 $177,100 $62,400 $114,700
2018 $3,489 $177,100 $62,400 $114,700
2017 $3,460 $172,400 $62,400 $110,000
2016 $3,424 $172,400 $62,400 $110,000
2015 $3,357 $172,400 $62,400 $110,000
2014 $3,274 $172,400 $62,400 $110,000
2013 -- $188,400 $74,000 $114,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1491489

Maine Listings

APN: BIDD-000033-000000-000020

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