NOT LISTED FOR SALE

Estimated Value: $527,000 - $631,000

7 Beds
6 Baths
4,863 Sq Ft
$118/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $310,000 $64 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,298/month

90 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 5-minute walk to Shevenell Park
  • No HOA
  • Level Lot

About This Home

As of March 2017

Great opportunity to invest in a 6 unit multi-family unit property. This building has three 2 bedroom units and three 3 bedroom units. There is a newer heating system and roof. This property is conveniently located to all amenities and has a solid rental history.

Last Agent to Sell the Property

Maria Morrissette

Fontaine Family-The Real Estate Leader Listed on: 11/11/2016

Fontaine Family-The Real Estate Leader

Last Buyer's Agent

John Graham

John Graham Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,212

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 4,863 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Location

  • City Lot

Utilities

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

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Tax Lot 58-1
  • Assessor Parcel Number 20KINGSTREETBIDDEFORDMAINE04005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,212

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: MAIN STREET BIDDEFORD TO HILL STREET TO KING STREET
  • Above Grade Finished Sq Ft: 4863.0
  • Architectural Style: Multi-Level
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 63.75
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4863.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 6
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Style:Multi-Level: Yes
  • Roof:Membrane: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: Great opportunity to invest in a 6 unit multi-family unit property. This building has three 2 bedroom units and three 3 bedroom units. There is a newer heating system and roof. This property is conveniently located to all amenities and has a solid rental history.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Partial, Not Applicable, Unfinished
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Stories: 3

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Flat, Membrane

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: 20KINGSTREETBIDDEFORDMAINE04005
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 5212.0
  • Tax Lot: 58-1
  • Tax Year: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2017
Sold by
Devin Martin J
Bought by
Murphy Douglas R
Current Estimated Value
$573,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3.23%
Mortgage Type
New Conventional
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
Murphy Douglas R -- --
Murphy Douglas R -- --
Murphy Douglas R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Douglas R $131,250
Previous Owner Murphy Douglas R $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2017 03/29/17 Sold $310,000 -7.5% $64 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
11/11/2016 11/11/16 For Sale $335,000 -- $69 / 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 $3,861 $271,500 $124,800 $146,700
2023 $3,535 $269,400 $124,800 $144,600
2022 $2,750 $167,600 $61,500 $106,100
2021 $2,605 $142,900 $50,300 $92,600
2020 $2,286 $114,000 $39,100 $74,900
2019 $2,278 $114,000 $39,100 $74,900
2018 $3,761 $114,000 $39,100 $74,900
2017 $4,068 $124,700 $39,100 $85,600
2016 $2,477 $124,700 $39,100 $85,600
2015 $2,428 $124,700 $39,100 $85,600
2014 $2,368 $124,700 $39,100 $85,600
2013 -- $159,400 $48,800 $110,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1288671

Maine Listings

APN: BIDD-000039-000000-000058