NOT LISTED FOR SALE

2 Mitchell Ln Biddeford, ME 04005

Downtown Biddeford Neighborhood

Estimated Value: $426,000 - $519,000

4 Beds
2 Baths
2,128 Sq Ft
$226/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $341,500 $160 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,901/month

7 Days on Market

Highlights

  • No HOA
  • Open Lot
  • Carpet
  • Baseboard Heating
  • Lot Has A Rolling Slope
  • 5-minute walk to Clifford Park

About This Home

As of March 2021

Spacious duplex in great condition with extensive renovations within the last few years. Three bedrooms, one bathroom, and a nice sized living room and kitchen per unit attached to a cute back yard near downtown, restaurants, shopping, Saco and more! Efficient furnace, low cost maintenance building, and lots of parking attached to a side yard with space large enough to build a garage or workshop.

Last Agent to Sell the Property

Catherine Hodge

F.O. Bailey Real Estate Listed on: 01/04/2021

Last Buyer's Agent

Jeffrey Mateja

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,088

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Open Lot
  • Lot Has A Rolling Slope

Parking

  • On-Site Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,128 Sq Ft Home
  • Multi-Level Property
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 271
  • Assessor Parcel Number BIDD-000039-000000-000271

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,124
  • Gross Income $16,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,088

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly!
  • Above Grade Finished Sq Ft: 2128.0
  • Architectural Style: Duplex, Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2128.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 16350.0
  • Income Expenses Operating Expenses: 3124.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Duplex: Yes
  • Site:RollingSloping: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Intown, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • 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: 7840.8
  • Parcel #: BIDD-000039-000000-000271
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16350.0
  • Annual Operating Expense: 3124.0

Tax Info

  • Tax Annual Amount: 3088.0
  • Tax Lot: 271
  • 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
Alnuaimi Ahmed A
Bought by
Mcgary Emily and Saram Pedros
Seller's Agent
Catherine Hodge
F.O. Bailey Real Estate
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$324,900
Sold Price
$341,500
Premium/Discount to List
$16,600
5.11%
Current Estimated Value
$479,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,423
Avg. Annual Appreciation
7.59%
Original Mortgage
$335,314
Outstanding Balance
$300,585
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$179,338

Purchase Details

Listed on
May 16, 2017
Closed on
Jul 24, 2017
Sold by
Dipietro Susan
Bought by
Alnuaimi Ahmed A
Seller's Agent
Dana Trumann
Downeast Realty, Inc.
Buyer's Agent
Ashraf Eldeknawey
Century 21 North East
List Price
$149,995
Sold Price
$143,000
Premium/Discount to List
-$6,995
-4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.02%
Original Mortgage
$107,250
Interest Rate
3.89%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Mcgary Emily -- None Available
Alnuaimi Ahmed A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgary Emily $335,314
Previous Owner Alnuaimi Ahmed A $107,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2021 03/05/21 Sold $341,500 +5.1% $160 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $324,900 +127.2% $153 / Sq Ft
07/17/2017 07/17/17 Sold $143,000 -4.7% $134 / Sq Ft View Prior Sale
06/02/2017 06/02/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $149,995 -- $141 / 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 $4,664 $328,000 $118,700 $209,300
2023 $4,261 $324,800 $118,700 $206,100
2022 $3,597 $219,200 $64,400 $154,800
2021 $3,400 $186,500 $52,600 $133,900
2020 $3,088 $154,000 $40,900 $113,100
2019 $3,077 $154,000 $40,900 $113,100
2018 $3,034 $154,000 $40,900 $113,100
2017 $2,372 $118,200 $40,900 $77,300
2016 $2,347 $118,200 $40,900 $77,300
2015 $2,301 $118,200 $40,900 $77,300
2014 $2,245 $118,200 $40,900 $77,300
2013 -- $163,000 $50,200 $112,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Catherine Hodge

    F.O. Bailey Real Estate

    (207) 712-9689

    1 in this area

    71 Total Sales

    Catherine Hodge
    Section Image
  • Jeffrey Mateja

    Buyer's Agent in 2021

    Jeffrey Mateja

    Keller Williams Realty

    (207) 879-9800

    5 in this area

    894 Total Sales

    Jeffrey Mateja
    Section Image

  • D

    Seller's Agent in 2017

    Dana Trumann

    Downeast Realty, Inc.

  • A

    Buyer's Agent in 2017

    Ashraf Eldeknawey

    Century 21 North East

See All Agents

Map

Source: Maine Listings

MLS Number: 1479014

Maine Listings

APN: BIDD-000039-000000-000271

Maine York County Biddeford 04005 Downtown Biddeford

2 Mitchell Ln, Biddeford, ME

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