NOT LISTED FOR SALE

22 West St Biddeford, ME 04005

Estimated Value: $489,000 - $628,619

6 Beds
3 Baths
2,954 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $415,000 $140 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,678/month

9 Days on Market

Highlights

  • Public Beach
  • Property is near public transit
  • Shed
  • Deck
  • No HOA
  • 3-minute walk to Waterhouse Field

About This Home

As of March 2021

Nice owner occupied 3 unit with a large private fenced in back yard. The 1st floor owners unit offers a total of 1,600 SF of finished space. 1,200 SF of living space above grade along with an additional 400 SF of finished space in the basement. The 2nd floor rear unit offers 780 SF, and the 2nd/3rd floor front townhouse unit offers 855 SF. There is also a foundation for a two car garage. This property is minutes to all major amenities, I95, Hospital, Major Shopping, and area beaches. This is an ideal owner occupied property with rental income to assist in the expenses. Current rents are well below market rates with plenty of room for an increase. Annual Expenses-Oil $3,702/ CMP $2,065/ Water $464/ Sewer $853/ Insurance $1,500/ Taxes $4,156. SHOWINGS ARE TUESDAY & FRIDAY AT 2:00 WITH 24 HOUR NOTICE.

Last Listed By

David Trottier

Realty Sales Inc Listed on: 01/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,156

Year Built

  • Built in 1890

Lot Details

  • 0.33 Acre Lot
  • Public Beach
  • Fenced
  • Landscaped
  • Level Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Aluminum Siding

Flooring

  • Carpet
  • Laminate
  • Vinyl

Finished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

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

Additional Features

  • 3 Full Bathrooms
  • Washer and Dryer Hookup

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 22WestBiddeford04005

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $12,740
  • Gross Income $33,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,156

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • MLS Status: Closed
  • Directions: From the 5 points intersection by Burger King, turn on to West Street. First house on the right, just past the cemetery. Sign out front.
  • Above Grade Finished Sq Ft: 2554.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2554.0
  • Property Information:SqFt Finished Below Grade: 400.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: 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:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 33900.0
  • Income Expenses Operating Expenses: 12740.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Basement:Sump Pump: Yes
  • Exterior:Aluminum Siding: Yes
  • Foundation Materials:Granite2: Yes
  • Transportation:Public Transport Access: Yes
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Finished, Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 400.0
  • Flooring: Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Granite
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Metal, Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: 14374.8
  • Parcel #: 22WestBiddeford04005
  • Zoning: R1A

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33900.0
  • Annual Operating Expense: 12740.0

Tax Info

  • Tax Annual Amount: 4156.0
  • Tax Book Number: 14306
  • Tax Lot: 39
  • Tax Map Number: 21
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 26, 2021
Sold by
Collard Peter T and Collard Reina
Bought by
Abukar Warda I
Seller's Agent
David Trottier
Realty Sales Inc
Buyer's Agent
Jamie Fortier
Coldwell Banker Realty
List Price
$430,000
Sold Price
$415,000
Premium/Discount to List
-$15,000
-3.49%
Total Days on Market
9
Current Estimated Value
$571,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,655
Avg. Annual Appreciation
7.85%
Original Mortgage
$407,483
Outstanding Balance
$371,207
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$196,240

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
Abukar Warda I -- None Available
Abukar Warda I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abukar Warda I $407,483
Closed Abukar Warda I $407,483
Previous Owner Collard Peter $232,700
Previous Owner Collard Reina $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $415,000 -3.5% $140 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $430,000 -- $146 / 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 $6,102 $429,100 $155,200 $273,900
2023 $5,543 $422,500 $152,400 $270,100
2022 $4,670 $284,600 $85,500 $199,100
2021 $4,496 $246,600 $72,400 $174,200
2020 $4,156 $207,300 $65,800 $141,500
2019 $4,142 $207,300 $65,800 $141,500
2018 $4,084 $207,300 $65,800 $141,500
2017 $3,853 $192,000 $65,800 $126,200
2016 $3,813 $192,000 $65,800 $126,200
2015 $3,738 $192,000 $65,800 $126,200
2014 $3,646 $192,000 $65,800 $126,200
2013 -- $213,900 $76,300 $137,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1479664

Maine Listings

APN: BIDD-000021-000000-000039