NOT LISTED FOR SALE

176 Pool St Biddeford, ME 04005

Estimated Value: $601,000 - $715,000

5 Beds
3 Baths
2,994 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $401,000 $134 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,074/month

3 Days on Market

Highlights

  • 7.28 Acre Lot
  • Wooded Lot
  • No HOA
  • Deck
  • Attic
  • 3-minute walk to Clifford Park

About This Home

As of March 2021

Great income opportunity and the perfect setup for an owner-occupied rental opportunity. The downstairs 3-bedroom unit is the perfect owner's unit with a massive kitchen with storage, large living room, three great sized bedrooms and a comfortable bathroom. Additional space and storage in the entry area as well. Two additional two bedroom units are perfect income producers as-is, or make some improvements for a value-add. The additional space with large loft area could be used for parking, storage, a workshop, and much more. Over 7 acres of land may allow for other development opportunities. This is a great property with tons of potential!

Last Agent to Sell the Property

Jeffrey Mateja

Keller Williams Realty Listed on: 01/04/2021

Keller Williams Realty

Co-Listed By

Katherine Azimi

Signature Homes Real Estate Group, LLC

Last Buyer's Agent

Tonya Collins

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,271

Year Built

  • Built in 1880

Lot Details

  • 7.28 Acre Lot
  • Landscaped
  • Wooded Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 2,994 Sq Ft Home
  • Multi-Level Property
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Carpet
  • Laminate
  • Tile

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Porch

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number BIDD-000042-000000-000124

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $9,860
  • Gross Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,271

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 7.28
  • Co List Office Phone: 207-553-2605
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2994.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 126.92
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 7.28
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2994.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 30600.0
  • Income Expenses Operating Expenses: 9860.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Attic: Yes
  • Site:Wooded: Yes
  • Water Heater:Oil2: Yes
  • Exterior:Asbestos: Yes
  • Basement Entry:Exterior Only: Yes
  • Advertising Remarks:Advertising Remarks: Great income opportunity and the perfect setup for an owner-occupied rental opportunity. The downstairs 3-bedroom unit is the perfect owner's unit with a massive kitchen with storage, large living room, three great sized bedrooms and a comfortable bathroom. Additional space and storage in the entry area as well. Two additional two bedroom units are perfect income producers as-is, or make some improvements for a value-add. The additional space with large loft area could be used for parking, storage, a workshop, and much more. Over 7 acres of land may allow for other development opportunities. This is a great property with tons of potential! For more info or to schedule a showing call The Mateja Group 207.553.2605 & visit JeffSellsMaine.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Flooring: Tile, Laminate, Carpet
  • Interior Amenities: Attic
  • Full Basement: Yes

Exterior Features

  • Lot Features: Landscaped, Wooded, Intown
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 317116.8
  • Parcel #: BIDD-000042-000000-000124
  • Zoning: R1A

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 30600.0
  • Annual Operating Expense: 9860.0

Tax Info

  • Tax Annual Amount: 4271.0
  • Tax Lot: 124
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 5, 2021
Sold by
Fortier Troy C and Fortier Stacy L
Bought by
Beaulieu Heather
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Tonya Collins
Keller Williams Realty
List Price
$380,000
Sold Price
$401,000
Premium/Discount to List
$21,000
5.53%
Current Estimated Value
$684,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,900
Avg. Annual Appreciation
10.49%
Original Mortgage
$393,736
Outstanding Balance
$352,956
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$300,086
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

Date Buyer Sale Price Title Company
Beaulieu Heather -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beaulieu Heather $393,736
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $401,000 +5.5% $134 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $380,000 -- $127 / 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 $6,201 $436,100 $182,600 $253,500
2023 $5,677 $432,700 $182,600 $250,100
2022 $4,857 $296,000 $109,100 $186,900
2021 $4,660 $255,600 $90,900 $164,700
2020 $4,271 $213,000 $77,300 $135,700
2019 $4,256 $213,000 $77,300 $135,700
2018 $4,196 $213,000 $77,300 $135,700
2017 $3,922 $195,400 $77,300 $118,100
2016 $3,881 $195,400 $77,300 $118,100
2015 $3,804 $195,400 $77,300 $118,100
2014 $3,711 $195,400 $77,300 $118,100
2013 -- $252,200 $105,900 $146,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1479027

Maine Listings

APN: BIDD-000042-000000-000124