NOT LISTED FOR SALE

21 Ray St Biddeford, ME 04005

Estimated Value: $606,000 - $638,000

5 Beds
3 Baths
2,374 Sq Ft
$262/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $418,124 $176 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,876/month

Highlights

  • Wood Flooring
  • Corner Lot
  • Forced Air Heating System
  • Main Floor Bedroom
  • No HOA
  • Baseboard Heating

About This Home

As of June 2021

This home is located at 21 Ray St, Biddeford, ME 04005 since 16 March 2021 and is currently estimated at $621,621, approximately $261 per square foot. This property was built in 1940. 21 Ray St is a home located in York County with nearby schools including John F Kennedy Memorial School, Biddeford Primary School, and Biddeford Intermediate School.

Last Agent to Sell the Property

Michael McCormick

EXP Realty Listed on: 03/16/2021

EXP Realty

Last Buyer's Agent

David Marshall

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,990

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,374 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Utilities

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

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number BIDD-000028-000000-000088

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $4,091
  • Gross Income $3,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,990

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2374.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2374.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 3950.0
  • Income Expenses Operating Expenses: 4091.19
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • 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
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: BIDD-000028-000000-000088
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 3950.0
  • Annual Operating Expense: 4091.19

Tax Info

  • Tax Annual Amount: 3990.0
  • Tax Book Number: 17553
  • Tax Lot: 88
  • Tax Map Number: 28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jun 25, 2021
Sold by
Bushey Tyler L
Bought by
Zafar Syed M
Seller's Agent
Michael McCormick
EXP Realty
Buyer's Agent
David Marshall
Keller Williams Realty
List Price
$399,900
Sold Price
$418,124
Premium/Discount to List
$18,224
4.56%
Current Estimated Value
$621,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,497
Avg. Annual Appreciation
9.70%
Original Mortgage
$410,550
Outstanding Balance
$373,317
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$242,866

Purchase Details

Listed on
Jul 7, 2017
Closed on
Sep 5, 2017
Sold by
Boulerice Matthew and Hooper James
Bought by
Bushey Tyler T
Seller's Agent
Matt Boulerice
New England Realty Group LLC
Buyer's Agent
Michael McCormack
RE/MAX Realty One
List Price
$214,900
Sold Price
$210,800
Premium/Discount to List
-$4,100
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.64%
Original Mortgage
$206,981
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2016
Sold by
Martel James T
Bought by
Boulerice Matthew and Hooper James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,938
Interest Rate
3.42%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Zafar Syed M -- Misc Company
Bushey Tyler T -- --
Boulerice Matthew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zafar Syed M $410,550
Previous Owner Xl Properties Llc $221,600
Previous Owner Bushey Tyler T $205,500
Previous Owner Bushey Tyler T $206,981
Previous Owner Boulerice Matthew $165,938
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $418,124 +4.6% $176 / Sq Ft
03/16/2021 03/16/21 For Sale $399,900 +89.7% $168 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
08/31/2017 08/31/17 Sold $210,800 -1.9% $89 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $214,900 -- $91 / 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 $5,944 $418,000 $142,100 $275,900
2023 $5,400 $411,600 $139,600 $272,000
2022 $4,506 $274,600 $71,800 $202,800
2021 $4,339 $238,000 $60,800 $177,200
2020 $3,990 $199,000 $55,300 $143,700
2019 $3,976 $199,000 $55,300 $143,700
2018 $3,623 $199,000 $55,300 $143,700
2017 $3,919 $182,400 $55,300 $127,100
2016 $3,622 $182,400 $55,300 $127,100
2015 $3,551 $182,400 $55,300 $127,100
2014 $3,464 $182,400 $55,300 $127,100
2013 -- $206,100 $69,300 $136,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1484540

Maine Listings

APN: BIDD-000028-000000-000088