NOT LISTED FOR SALE

19 Victory Ave Biddeford, ME 04005

Estimated Value: $599,000 - $681,000

8 Beds
3 Baths
3,232 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $329,000 $102 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,852/month

12 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot
  • No HOA
  • Hot Water Heating System

About This Home

As of October 2019

THREE-UNIT MULTI-FAMILY

• 3,232± SF building on 0.11± AC

• Currently used as offices for Spurwink with an NOI of $34,196.00 (2018),

• The building can be easily converted back to a legal three-unit

• On site parking for up to ten spaces

SALE PRICE: $350,000

Last Agent to Sell the Property

Cheri Bonawitz

Malone Commercial Brokers, Inc. Listed on: 08/22/2019

Last Buyer's Agent

Alexcia Smith

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,873

Year Built

  • Built in 1947

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Pitched Roof

Interior Spaces

  • 3 Full Bathrooms
  • 3,232 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 19VictoryAvenueBiddefordMaine04005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,873

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3232.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1947
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 108.29
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3232.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Driveway:Common2: Yes
  • Property Information:Number of Units: 3
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Advertising Remarks:Advertising Remarks: THREE-UNIT MULTI-FAMILY • 3,232± SF building on 0.11± AC • Currently used as offices for Spurwink with an NOI of $34,196.00 (2018), • The building can be easily converted back to a legal three-unit • On site parking for up to ten spaces SALE PRICE: $350,000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Other, Not Applicable
  • Full Bathrooms: 3
  • Flooring: Wood, Carpet

Exterior Features

  • Lot Features: Level, Near Town
  • Waterfront: No
  • Construction Type: Other Exterior, Other
  • Foundation Details: Other
  • Roof: Other, Pitched

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Common, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • 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: 4791.6
  • Parcel #: 19VictoryAvenueBiddefordMaine04005
  • Zoning: MDL-03

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4873.0
  • Tax Lot: 87
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Hashiem Salam A
Bought by
Hashiem Salam A
Current Estimated Value
$636,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 22, 2019
Closed on
Oct 31, 2019
Sold by
Trunorth Trois Llc
Bought by
Hashiem Salam A
Seller's Agent
Cheri Bonawitz
Malone Commercial Brokers, Inc.
Buyer's Agent
Alexcia Smith
Keller Williams Realty
List Price
$350,000
Sold Price
$329,000
Premium/Discount to List
-$21,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$323,040
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2017
Sold by
Community Partners Inc
Bought by
Trunorth Trois Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hashiem Salam A -- None Available
Hashiem Salam A -- --
Trunorth Trois Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hashiem Salam A $323,500
Previous Owner Hashiem Salam A $323,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $329,000 -6.0% $102 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $350,000 -- $108 / 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 $6,651 $467,700 $141,400 $326,300
2023 $6,498 $495,300 $173,600 $321,700
2022 $5,543 $337,800 $88,800 $249,000
2021 $5,330 $292,400 $75,200 $217,200
2020 $4,890 $243,900 $68,300 $175,600
2019 $4,873 $243,900 $68,300 $175,600
2018 $0 $243,900 $68,300 $175,600
2017 $0 $205,200 $60,400 $144,800
2016 -- $205,200 $60,400 $144,800
2015 -- $205,200 $60,400 $144,800
2014 -- $213,400 $60,400 $153,000
2013 -- $246,400 $68,800 $177,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1430405

Maine Listings

APN: BIDD-000028-000000-000087