NOT LISTED FOR SALE

162 Alfred St Biddeford, ME 04005

Estimated Value: $378,704 - $472,000

4 Beds
2 Baths
1,734 Sq Ft
$240/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $315,000 $182 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,652/month

70 Days on Market

Highlights

  • Nearby Water Access
  • Property is near public transit
  • New Englander Architecture
  • Public Beach
  • Wood Flooring
  • No HOA

About This Home

As of November 2022

Have you considered investing in Biddeford? This 2 unit building would make a great owner occupied or investment property for anyone. The property has two floors and 2 bedrooms in each unit. The location of this building is within walking distance to downtown Main Street as well as a short drive to the turnpike and plenty of shopping and restaurants nearby. Live in one unit and let the other help pay the mortgage. Don't wait to own a piece of Biddeford before its too late.

Last Agent to Sell the Property

Michael Thomas

Keller Williams Realty Listed on: 07/26/2022

Keller Williams Realty

Last Buyer's Agent

Amanda Salovitch

Dream Home Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,911

Year Built

  • Built in 1890

Lot Details

  • 6,970 Sq Ft Lot
  • Public Beach
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,734 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 157
  • Assessor Parcel Number BIDD-000034-000000-000157

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,934
  • Gross Income $21,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,911

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1734.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1734.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Location:Near Golf Course: 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
  • Basement Entry:Walk-Out: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 21950.0
  • Income Expenses Operating Expenses: 11934.0
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Exterior:Aluminum Siding: Yes
  • Foundation Materials:Granite2: Yes
  • Location:Near Railroad: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Crawl Space, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Granite, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Biddeford Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: BIDD-000034-000000-000157
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21950.0
  • Annual Operating Expense: 11934.0

Tax Info

  • Tax Annual Amount: 2911.0
  • Tax Book Number: 16639
  • Tax Lot: 157
  • Tax Map Number: 34
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Nov 7, 2022
Sold by
162 Alfred Street Llc
Bought by
Peterson Clint and Peterson Danielle
Seller's Agent
Michael Thomas
Keller Williams Realty
Buyer's Agent
Amanda Salovitch
Dream Home Realty LLC
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%
Views
11
Current Estimated Value
$415,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,426
Avg. Annual Appreciation
10.39%
Original Mortgage
$236,250
Outstanding Balance
$229,803
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$178,303

Purchase Details

Closed on
Jul 5, 2013
Sold by
Moody Theresa
Bought by
162 Alfred Street Llc
Source: Public Records

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
Peterson Clint $315,000 None Available
162 Alfred Street Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Clint $236,250
Previous Owner 162 Alfred St Llc $650,000
Previous Owner 162 Alfred Street Llc $100,000
Previous Owner Moody Theresa M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $315,000 -10.0% $182 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $350,000 -- $202 / 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 $4,053 $285,000 $125,200 $159,800
2023 $3,708 $282,600 $125,200 $157,400
2022 $3,070 $187,100 $68,900 $118,200
2021 $2,911 $159,700 $57,400 $102,300
2020 $2,711 $135,200 $48,800 $86,400
2019 $2,701 $135,200 $48,800 $86,400
2018 $2,663 $135,200 $48,800 $86,400
2017 $2,639 $131,500 $48,800 $82,700
2016 $2,612 $131,500 $48,800 $82,700
2015 $2,560 $131,500 $48,800 $82,700
2014 $2,497 $131,500 $48,800 $82,700
2013 -- $143,600 $63,900 $79,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1537814

Maine Listings

APN: BIDD-000034-000000-000157