J
Seller's Agent in 2023
Julie Grady
Lighthouse Real Estate Group
(207) 590-0977
2 in this area
89 Total Sales
174 Guinea Rd Biddeford, ME 04005
South Biddeford NeighborhoodEstimated Value: $799,000 - $1,011,000
5
Beds
4
Baths
3,578
Sq Ft
$253/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- Public Beach
- Deck
- Barn
- 1.54 Acre Lot
- Wood Flooring
About This Home
As of February 2023This unique New England farm style property consists of 2 homes and a large barn. The original 1800 square foot farmhouse is a 3 bedroom/2 bath home built in the 1930's, with many updates since. The classic Dutch Colonial home has its original French doors, an open kitchen/dining area and an enclosed sunporch. Recent improvements include a high efficiency oil-fired boiler, an electric hybrid hot water tank, a new electric service and roof replacement.
The second home was added in 2015 and is approximately 2000 square feet. It consists of a spacious bedroom suite, a laundry room and 2 bathrooms; one with a jetted Jacuzzi tub. It has abundant storage space, including a WIC. The fully applianced (stainless steel) kitchen has granite countertops and island, with an open concept dining/living area having solid oak floors, antique beam accents and a rustic stone wood stove insert. The large attached deck offers pastoral views of perennial flower gardens, fruit trees, field, forest and nature. The full basement includes a hybrid hot water tank and an innovative TARM wood/oil boiler with thermal storage tank, providing radiant (floor) heat for the first floor and baseboard heat for the second floor. Heating and cooling is also provided by a heat pump.
The connecting foyer offers access to the barn from both homes.
The original barn was built in the 1930's and was expanded in the 1950's. Its four levels offer over 16,000 square feet of garage and storage space. The barn could be used for a myriad of uses, including garage space for the homes, storage for an online business and storing classic cars, etc. The 6 KW solar panel array on the barn roof offsets electrical costs by about $1000 per year. The property includes 1-1/2 acres and offers bucolic views. It's 10 minutes to I-95 and 3 miles to area beaches and to downtown.
This special property offers several income producing options. Explore the possibilities!
Last Agent to Sell the Property
Lighthouse Real Estate Group Brokerage Phone: 207-967-9900 Listed on: 01/04/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,979
Year Built
- Built in 1932
Lot Details
- 1.54 Acre Lot
- Public Beach
- Landscaped
- Level Lot
- Open Lot
- Irrigation
Parking
- 2 Car Direct Access Garage
- Tandem Parking
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
Home Design
- 3,578 Sq Ft Home
- Farmhouse Style Home
- Concrete Foundation
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Membrane Roofing
- Clap Board Siding
- Concrete Perimeter Foundation
- Clapboard
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 4 Full Bathrooms
- Bathtub
Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Nearby Water Access
- Deck
- Enclosed Glass Porch
Farming
- Barn
- Crops
- Pasture
Utilities
- Cooling Available
- Forced Air Zoned Heating System
- Heating System Uses Oil
- Heating System Uses Wood
- Heat Pump System
- Radiant Heating System
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
- Private Sewer
- Internet Available
- Cable TV Available
Additional Features
- Laundry on main level
- Solar owned by seller
- Suburban Location
Listing and Financial Details
- Tax Lot 45
- Assessor Parcel Number BIDD-000026-000000-000045
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $2,000
- Gross Income $10,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 24, 2023
Sold by
Labbe Normand R
Bought by
Labbe David P
Total Days on Market
34
Current Estimated Value
Purchase Details
Listed on
Jan 4, 2023
Closed on
Feb 27, 2023
Sold by
Labbe Land T and Labbe L
Bought by
Basile Frank and Basile Joyce L
Seller's Agent
Julie Grady
Lighthouse Real Estate Group
Buyer's Agent
Robert Rankin
RE/MAX Shoreline
List Price
$895,000
Sold Price
$795,000
Premium/Discount to List
-$100,000
-11.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Labbe David P | -- | None Available | |
| Labbe David P | -- | None Available | |
| Basile Frank | $795,000 | None Available | |
| Basile Frank | $795,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Labbe Land T | $150,000 | |
| Previous Owner | Labbe Land T | $120,000 | |
| Previous Owner | Hibbard Victoria A | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2023 02/28/23 | Sold | $795,000 | -11.2% | $222 / Sq Ft |
| 02/07/2023 02/07/23 | Pending | -- | -- | -- |
| 01/04/2023 01/04/23 | For Sale | $895,000 | -- | $250 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $8,630 | $606,900 | $169,600 | $437,300 |
| 2023 | $7,963 | $606,900 | $169,600 | $437,300 |
| 2022 | $7,979 | $486,200 | $166,700 | $319,500 |
| 2021 | $7,556 | $414,500 | $138,900 | $275,600 |
| 2020 | $8,264 | $374,200 | $118,100 | $256,100 |
| 2019 | $7,477 | $374,200 | $118,100 | $256,100 |
| 2018 | $8,001 | $374,200 | $118,100 | $256,100 |
| 2017 | $8,252 | $366,300 | $118,100 | $248,200 |
| 2016 | $7,275 | $366,300 | $118,100 | $248,200 |
| 2015 | $6,855 | $352,100 | $118,100 | $234,000 |
| 2014 | $5,034 | $265,100 | $118,100 | $147,000 |
| 2013 | -- | $268,700 | $120,400 | $148,300 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Grady
-
Robert Rankin
R
Buyer's Agent in 2023
Robert Rankin
RE/MAX
(215) 285-9576
1 in this area
21 Total Sales
Map
Source: Maine Listings
MLS Number: 1550387
APN: BIDD-000026-000000-000045
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