NOT LISTED FOR SALE

20 Lafayette St Biddeford, ME 04005

Estimated Value: $588,632

5 Beds
3 Baths
2,756 Sq Ft
$214/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $367,500 $133 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,725/month

5 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Porch
  • Wood Flooring
  • 3 Car Detached Garage
  • Forced Air Heating System

About This Home

As of December 2019

Looking to owner occupy or for an investment property in up and coming downtown Biddeford? This well-kept 3 Unit building is located in a quite area, and just minutes to downtown Biddeford's conveniences. The first floor unit is generously sized at 1,300+ SqFt and all three units are in great shape with excellent rental income and history. Includes a detached 3 car garage, plenty of off street parking, new rubber roof and electrical system in 2016! Don't miss this great opportunity!

Last Listed By

Greg Robert

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 10/25/2019

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1930

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 3 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,756 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number BIDD-000042-000000-000032

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,900

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1039
  • Co List Office Phone: 207-282-5988
  • MLS Status: Closed
  • Directions: Water St. to Cleaves St. to left on Lafayette.
  • Above Grade Finished Sq Ft: 2756.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1930
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2756.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: 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:Carpet: 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
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 3.0
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Style:Multi-Level: Yes
  • Roof:Membrane: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Other Exterior, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Flat, Membrane
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: BIDD-000042-000000-000032
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3900.0
  • Tax Book Number: 17267
  • Tax Lot: 32
  • Tax Map Number: 42
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Dec 12, 2019
Sold by
Paul John R
Bought by
Hensley Mark and Zou Huiru
Seller's Agent
Greg Robert
Coldwell Banker Realty
Buyer's Agent
Casey Gray
RE/MAX Coastal
List Price
$359,000
Sold Price
$367,500
Premium/Discount to List
$8,500
2.37%
Total Days on Market
5
Current Estimated Value
$588,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,132
Avg. Annual Appreciation
10.32%
Original Mortgage
$275,625
Outstanding Balance
$248,068
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$377,720

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jul 5, 2016
Sold by
Stamand Selina R
Bought by
Paul John R
Seller's Agent
David Dunn
The Real Estate Store
Buyer's Agent
Greg Robert
Coldwell Banker Realty
List Price
$242,900
Sold Price
$232,900
Premium/Discount to List
-$10,000
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.09%
Original Mortgage
$252,793
Interest Rate
4.25%
Mortgage Type
FHA

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
Hensley Mark -- None Available
Paul John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hensley Mark $275,625
Previous Owner Paul John R $252,793
Previous Owner Saint Amand S $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $367,500 +2.4% $133 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $359,000 +54.1% $130 / Sq Ft
06/28/2016 06/28/16 Sold $232,900 -4.1% $85 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $242,900 -- $88 / 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 $5,544 $389,900 $134,300 $255,600
2023 $5,071 $386,500 $134,300 $252,200
2022 $4,441 $270,600 $73,600 $197,000
2021 $4,290 $235,300 $61,300 $174,000
2020 $3,930 $196,000 $52,100 $143,900
2019 $3,916 $196,000 $52,100 $143,900
2018 $3,861 $196,000 $52,100 $143,900
2017 $3,651 $181,900 $52,100 $129,800
2016 $3,050 $153,600 $52,100 $101,500
2015 $2,991 $153,600 $52,100 $101,500
2014 $2,917 $153,600 $52,100 $101,500
2013 -- $183,900 $73,400 $110,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1437358

Maine Listings

APN: BIDD-000042-000000-000032