Seller's Agent in 2025
Alla Sherstyukov
Dream Home Realty LLC
(207) 300-4663
1 in this area
6 Total Sales
20 Porter St Biddeford, ME 04005
--
Bed
2
Baths
3,063
Sq Ft
6,534
Sq Ft Lot
Highlights
- Public Beach
- Wood Flooring
- Main Floor Bedroom
- Property is near public transit
- New Englander Architecture
- Corner Lot
About This Home
As of January 2025Investors take notice! Two unit in one of Maine's fastest growing cities; close to Portland and the ocean as well as easy access to highway. Dining, shopping, and play are all close by.
This is a 2-unit income-producing property with great potential. Both units are currently tenant-occupied but below market rates. The property requires some updates and improvements to maximize its value and functionality.With the right repairs it can be brought to its full potential, but it is priced accordingly.
Buyers are encouraged to conduct their own due diligence, including inspections, to assess the condition of the property. The units are fully occupied, and there is a strong rental history in place.
EXTRA BONUS BEDROOM that is currently part of upstairs unit but on FIRST floor, which makes one of the units a 4 bedroom. This extra room has a closet and access to outside door, easily can be part of downstairs unit instead or rent it separately if town allows mixed use.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,483
Year Built
- Built in 1939
Lot Details
- 6,534 Sq Ft Lot
- Public Beach
- Corner Lot
- Level Lot
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- New Englander Architecture
- Wood Frame Construction
- Shingle Roof
- Block Exterior
- Vinyl Siding
Interior Spaces
- 3,063 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Additional Features
- Enclosed Glass Porch
- Property is near public transit
Listing and Financial Details
- Tax Lot 334
- Assessor Parcel Number BIDD-000034-000000-000334
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $12,187
- Gross Income $26,790
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2024
Closed on
Jan 31, 2025
Sold by
Pictou Sharisse P
Bought by
Morrison Joseph R and Hopkins Alexa K
Seller's Agent
Alla Sherstyukov
Dream Home Realty LLC
Buyer's Agent
Robert Myers
Coldwell Banker Realty
List Price
$479,000
Sold Price
$495,000
Premium/Discount to List
$16,000
3.34%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,739
Avg. Annual Appreciation
7.33%
Original Mortgage
$470,250
Outstanding Balance
$467,772
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$47,967
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $470,250 | Purchase Money Mortgage | |
| Closed | $470,250 | Purchase Money Mortgage | |
| Previous Owner | $155,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $165,000 | Unknown | |
| Previous Owner | $24,000 | Unknown | |
| Previous Owner | $15,000 | Unknown | |
| Previous Owner | $10,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $495,000 | +3.3% | $162 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 11/19/2024 11/19/24 | For Sale | $479,000 | -- | $156 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,907 | $345,100 | $127,200 | $217,900 |
| 2023 | $4,483 | $341,700 | $127,200 | $214,500 |
| 2022 | $4,226 | $257,500 | $68,200 | $189,300 |
| 2021 | $4,016 | $220,300 | $56,800 | $163,500 |
| 2020 | $3,735 | $186,300 | $48,400 | $137,900 |
| 2019 | $3,722 | $186,300 | $48,400 | $137,900 |
| 2018 | $3,670 | $186,300 | $48,400 | $137,900 |
| 2017 | $3,619 | $180,300 | $48,400 | $131,900 |
| 2016 | $3,581 | $180,300 | $48,400 | $131,900 |
| 2015 | $3,316 | $180,300 | $48,400 | $131,900 |
| 2014 | $3,234 | $180,300 | $48,400 | $131,900 |
| 2013 | -- | $222,400 | $63,400 | $159,000 |
Source: Public Records
Agents Affiliated with this Home
-
Alla Sherstyukov
-
Chrissy Goyet
Seller Co-Listing Agent in 2025
Chrissy Goyet
Dream Home Realty LLC
(207) 332-8865
1 in this area
23 Total Sales
-
Robert Myers
Buyer's Agent in 2025
Robert Myers
Coldwell Banker Realty
(207) 227-6559
6 in this area
89 Total Sales
Map
Source: Maine Listings
MLS Number: 1609772
APN: BIDD-000034-000000-000334
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