NOT LISTED FOR SALE

2 Granite St Biddeford, ME 04005

Estimated Value: $502,000

5 Beds
3 Baths
2,228 Sq Ft
$225/Sq Ft Est. Value

Last Sold December 04, 2015

Last sale price $106,000 $48 Per Sq Ft

Est. 374% increase in value since last sale

Current estimated payment $3,154/month

89 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Forced Air Zoned Heating System
  • Level Lot

About This Home

As of December 2015

Great cash flow and excellent value for this 3 unit apartment home. Many recent improvements in 2015 including new windows, new furnace, aluminum wrapped trim, siding, refinished hardwood floors, some new flooring, & entire interior repainted. Live for free or have profitable investment. 2 unit awaits owner. Building has historic charm, wood floors & 1 off street parking space.

Last Listed By

Jeffrey Davis

Town & Shore Real Estate Listed on: 07/27/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,532

Year Built

  • Built in 1880

Lot Details

  • 1,742 Sq Ft Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,228 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

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

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 171-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,532

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street to Hill Street to the intersection of Granite. #2 Granite has frontage on both Granite and Hill Street.
  • Above Grade Finished Sq Ft: 2228.0
  • Architectural Style: Colonial
  • Building Stories: 2
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.04
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2228.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: 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
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Foundation Materials:Granite2: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Tile, Laminate
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Pitched

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: 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: 1742.4
  • Parcel #: 999999
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2532.0
  • Tax Book Number: 16979
  • Tax Lot: 171-1
  • Tax Map Number: 35
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2021
Sold by
Morawiec Prop Mgmt Llc
Bought by
Morawiec Thomas
Total Days on Market
89
Current Estimated Value
$502,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,500
Outstanding Balance
$83,175
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$460,708

Purchase Details

Listed on
Jul 27, 2015
Closed on
Dec 11, 2015
Sold by
Sm & A Properties Llc
Bought by
Morawiec Tommy
Seller's Agent
Jeffrey Davis
Town & Shore Real Estate
Buyer's Agent
Jamie Fortier
Coldwell Banker Realty
List Price
$115,000
Sold Price
$106,000
Premium/Discount to List
-$9,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.87%
Original Mortgage
$78,750
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2013
Sold by
Cyr Brian W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 28, 2005
Sold by
Cyr Props Llc
Bought by
Cyr Props Llc

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
Morawiec Thomas -- None Available
Morawiec Thomas -- None Available
Morawiec Tommy -- --
Morawiec Tommy -- --
Federal National Mortgage Association -- --
Federal National Mortgage Association -- --
Cyr Props Llc -- --
Cyr Props Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morawiec Thomas $90,500
Closed Morawiec Thomas $90,500
Previous Owner Morawiec Property Mgmt $111,284
Previous Owner Morawiec Tommy $78,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Sold $106,000 -7.8% $48 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $115,000 +360.0% $52 / Sq Ft
03/05/2015 03/05/15 Sold $25,000 -49.9% --
01/27/2015 01/27/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $49,900 -- --
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 $4,289 $301,600 $116,300 $185,300
2023 $3,895 $296,900 $114,200 $182,700
2022 $3,248 $197,900 $63,500 $134,400
2021 $3,119 $171,100 $53,700 $117,400
2020 $2,889 $144,100 $48,800 $95,300
2019 $2,879 $144,100 $48,800 $95,300
2018 $2,839 $144,100 $48,800 $95,300
2017 $2,681 $133,600 $48,800 $84,800
2016 $2,653 $133,600 $48,800 $84,800
2015 $2,595 $133,300 $48,800 $84,500
2014 $2,531 $133,300 $48,800 $84,500
2013 -- $163,000 $64,700 $98,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1229973

Maine Listings

APN: BIDD-000035-000000-000171-000001