Seller's Agent in 2021
Adam Hedio
Coldwell Banker Realty
(207) 604-2723
8 in this area
161 Total Sales
202 Elm St Biddeford, ME 04005
Downtown Biddeford NeighborhoodEstimated Value: $575,576 - $672,000
6
Beds
3
Baths
3,086
Sq Ft
$203/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Hot Water Heating System
About This Home
As of September 2021Turnkey 3 unit fully rented with excellent long term tenants. Featuring 6 off street parking spaces with additional undeveloped land behind the building! This property is located within walking distance of downtown Biddeford and the electrical was re-done in 2015. Don't miss this great investment property, come and schedule a showing!!
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 07/21/2021
Last Buyer's Agent
Adam Parent
Keller Williams Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,132
Year Built
- Built in 1850
Lot Details
- 8,712
Home Design
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 3,086 Sq Ft Home
- Walk-Out Basement
Flooring
- Wood
- Tile
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
Utilities
- No Cooling
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Not Available
Additional Features
- 8,712 Sq Ft Lot
- City Lot
Listing and Financial Details
- Tax Lot 98
- Assessor Parcel Number BIDD-000038-000000-000098
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $7,679
- Gross Income $40,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2021
Closed on
Sep 10, 2021
Sold by
Andrade Tommy F
Bought by
Urquhart Jeremy C and Siegfriedt Rachael E
Seller's Agent
Adam Hedio
Coldwell Banker Realty
Buyer's Agent
Adam Parent
Keller Williams Realty
List Price
$399,000
Sold Price
$425,000
Premium/Discount to List
$26,000
6.52%
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
$202,644
Avg. Annual Appreciation
9.68%
Original Mortgage
$318,750
Outstanding Balance
$290,039
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$337,605
Purchase Details
Listed on
Jun 30, 2014
Closed on
May 5, 2015
Sold by
Hinkle Marcy R and Hinkle Richard L
Bought by
Hill St Aps Llc
Seller's Agent
John Murphy
The Real Estate Store
Buyer's Agent
George Wheelwright
RE/MAX JARET & COHN
List Price
$79,900
Sold Price
$50,000
Premium/Discount to List
-$29,900
-37.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.78%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Urquhart Jeremy C | -- | None Available | |
| Hill St Aps Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Urquhart Jeremy C | $318,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/08/2024 10/08/24 | Off Market | $2,250 | -- | -- | |
| 09/23/2024 09/23/24 | Price Changed | $2,250 | -6.3% | $3 / Sq Ft | |
| 09/01/2024 09/01/24 | For Rent | $2,400 | 0.0% | -- | |
| 09/10/2021 09/10/21 | Sold | $425,000 | +6.5% | $138 / Sq Ft | |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- | |
| 07/01/2021 07/01/21 | For Sale | $399,000 | +157.1% | $129 / Sq Ft | |
| 12/28/2015 12/28/15 | Sold | $155,200 | +3.5% | $50 / Sq Ft | View Prior Sale |
| 10/18/2015 10/18/15 | Pending | -- | -- | -- | |
| 07/17/2015 07/17/15 | For Sale | $149,900 | +199.8% | $49 / Sq Ft | |
| 04/24/2015 04/24/15 | Sold | $50,000 | -37.4% | $16 / Sq Ft | View Prior Sale |
| 04/01/2015 04/01/15 | Pending | -- | -- | -- | |
| 06/30/2014 06/30/14 | For Sale | $79,900 | -- | $26 / 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 | $4,940 | $347,400 | $123,300 | $224,100 |
| 2023 | $4,516 | $344,200 | $123,300 | $220,900 |
| 2022 | $3,740 | $227,900 | $65,900 | $162,000 |
| 2021 | $3,558 | $195,200 | $53,900 | $141,300 |
| 2020 | $3,132 | $156,200 | $42,000 | $114,200 |
| 2019 | $3,121 | $156,200 | $42,000 | $114,200 |
| 2018 | $6,428 | $156,200 | $42,000 | $114,200 |
| 2017 | $6,953 | $143,500 | $42,000 | $101,500 |
| 2016 | $2,850 | $143,500 | $42,000 | $101,500 |
| 2015 | $1,807 | $92,800 | $42,000 | $50,800 |
| 2014 | -- | $137,400 | $42,000 | $95,400 |
| 2013 | -- | $209,900 | $72,600 | $137,300 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Hedio
-
A
Buyer's Agent in 2021
Adam Parent
Keller Williams Realty
-
M
Seller's Agent in 2015
Michael Webster
Downeast Realty, Inc.
-
John Murphy
J
Seller's Agent in 2015
John Murphy
The Real Estate Store
(207) 883-4327
1 in this area
90 Total Sales
-
Kevin Murphy
K
Seller Co-Listing Agent in 2015
Kevin Murphy
The Real Estate Store
(207) 756-3776
1 in this area
24 Total Sales
-
P
Buyer's Agent in 2015
Paul Emery
Berkshire Hathaway HomeServices Northeast Real Estate
Map
Source: Maine Listings
MLS Number: 1498858
APN: BIDD-000038-000000-000098
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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