NOT LISTED FOR SALE

Estimated Value: $497,000 - $816,000

5 Beds
3 Baths
2,678 Sq Ft
$240/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2024

Last sale price $634,900 $237 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,010 / mo

70 Days on Market

Highlights

  • Property is near public transit and shops
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • 2 Car Detached Garage
  • Space Heater

About This Home

As of August 2024

Welcome to 20 Ray St - Excellent opportunity to own a very solid three unit in a great neighborhood near the heart of Biddeford! First time hitting the market in 45+ years this building has a three bedroom first floor unit as well as two - two bedroom units on the second floor. The proximity to downtown and the mill district is very desirable The property also has off street parking and a very large two car garage for owner or additional tenant storage. A building like this does not come on the market very often. Don't miss your opportunity to be a part of the booming Biddeford market!

Last Agent to Sell the Property

Dan Letellier

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 05/22/2024

Coldwell Banker Realty

Last Buyer's Agent

Daniel Weber Nicholas Laverriere

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,840

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Property fronts a freeway
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Wood Frame Construction
  • Tar and Gravel Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,678 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Location

  • Property is near public transit and shops

Utilities

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

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number BIDD-000028-000000-000079

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $4,680
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,840

Year Built

Built in 1900

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2678.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1900
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 237.08
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2678.0
  • Property Information:Garage: Yes
  • 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
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 16800.0
  • Income Expenses Operating Expenses: 4680.0
  • Style:Multi-Level: Yes
  • Heat System:Space Heater: Yes
  • Location:Near Railroad: Yes
  • Electric:Fuses: Yes
  • Roof:TarGravel: Yes
  • Advertising Remarks:Advertising Remarks: Welcome to 20 Ray St - Excellent opportunity to own a very solid three unit in a great neighborhood near the heart of Biddeford! First time hitting the market in 45+ years this building has a three bedroom first floor unit as well as two - two bedroom units on the second floor. The proximity to downtown and the mill district is very desirable The property also has off street parking and a very large two car garage for owner or additional tenant storage. A building like this does not come on the market very often. Don't miss your opportunity to be a part of the booming Biddeford market!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Tar/Gravel

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Common, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: BIDD-000028-000000-000079
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 16800.0
  • Annual Operating Expense: 4680.0

Tax Info

  • Tax Annual Amount: 5840.0
  • Tax Lot: 79
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Aug 1, 2024
Sold by
Bought by
Seller's Agent
Dan Letellier
Coldwell Banker Realty
Buyer's Agent
Daniel Weber Nicholas Laverriere
Keller Williams Realty
List Price
$634,900
Sold Price
$634,900
Views
14
Current Estimated Value
$642,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,461
Avg. Annual Appreciation
0.60%
Original Mortgage
$507,920
Interest Rate
0.0687%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$634,900 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $566,924
Closed $507,920
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Pending -- -- --
08/01/2024 08/01/24 Sold $634,900 0.0% $237 / Sq Ft
05/22/2024 05/22/24 For Sale $634,900 -- $237 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,242 $417,800 $143,200 $274,600
2024 $6,427 $452,000 $143,200 $308,800
2023 $5,840 $445,100 $140,600 $304,500
2022 $5,028 $306,400 $79,700 $226,700
2021 $4,864 $266,800 $67,500 $199,300
2020 $3,157 $224,800 $61,300 $163,500
2019 $4,492 $224,800 $61,300 $163,500
2018 $4,429 $224,800 $61,300 $163,500
2017 $4,175 $208,000 $61,300 $146,700
2016 $4,131 $208,000 $61,300 $146,700
2015 $3,855 $208,000 $61,300 $146,700
2014 $3,760 $208,000 $61,300 $146,700
2013 -- $214,200 $73,400 $140,800
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1590525

Maine Listings

APN: BIDD-000028-000000-000079

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