$650,000
SOLD AUG 30, 2024

223 Cleaves St Biddeford, ME 04005

-- Bed
2 Baths
1,800 Sq Ft
1.12 Acres

Recently Sold

$361 Per Sq Ft

4% Below List Price

50 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 1.12 Acre Lot
  • Wood Flooring
  • 275 Feet of Waterfront
  • Wooded Lot
  • New Englander Architecture

About This Home

As of August 2024

Last lot on the street, half bordered by the Saco River and West Brook. This tucked away 2-unit includes over an acre of land with steps down to water, a boat mooring in the river, and a detached 2-car garage. Major renovations include new flooring, windows, all new kitchen on 1st floor, new roof in 2020, new paint throughout (both interior and exterior), new woodwork, new lighting, upgraded electrical, panel added for generator hookup, and a heat pump installation for Unit #2. There's four oil tanks so you can stock up with more affordable oil prices in the summer.

Last Agent to Sell the Property

Ethan Morton

Gardner Real Estate Group Listed on: 06/17/2024

Last Buyer's Agent

Julia Edwards

Advisors Living, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,860

Year Built

  • Built in 1900

Lot Details

  • 1.12 Acre Lot
  • Home fronts a stream
  • 275 Feet of Waterfront
  • River Front
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry on main level

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • River Nearby
  • Mooring
  • Enclosed Glass Porch

Location

  • City Lot

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Natural Gas Not Available
  • Oil Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number BIDD-000042-000000-000060

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $12,587
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,860

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.12
  • Road Surface Type: Paved
  • Water Body Name: Saco River and West Brook
  • MLS Status: Closed
  • Directions: Take US-1 S to Main St downtown Saco. Turn left onto Water St. Turn left onto Cleaves St. Last home on the left at the end of the street.
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Efficiency: Ceiling Fans
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 1.12
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1800.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 21600.0
  • Income Expenses Operating Expenses: 12587.0
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Water Info:Waterfront Amount -: 275.0
  • Water Info:Water Frontage Owned -: 275.0
  • Recreational Water:Deeded: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water Heater:Oil2: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Transportation:Deep Water Access: Yes
  • Style:New Englander: Yes
  • Recreational Water:Boat Mooring: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Doghouse, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Laminate
  • Interior Amenities: Bathtub, Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Sidewalks, Wooded, Intown, Near Shopping, Neighborhood
  • View: Scenic
  • Waterfront Features: Brook, River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • 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: 48787.2
  • Parcel #: BIDD-000042-000000-000060
  • Zoning: R1A, LR, Stream Prot

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21600.0
  • Annual Operating Expense: 12587.0

Tax Info

  • Tax Annual Amount: 4860.0
  • Tax Book Number: 17846
  • Tax Lot: 60
  • Tax Map Number: 42
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Aug 30, 2024
Sold by
Murphy Mary L
Bought by
Roberts Dwayne and Roberts Patricia J
Seller's Agent
Ethan Morton
Gardner Real Estate Group
Buyer's Agent
Julia Edwards
Advisors Living, LLC
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Total Days on Market
50
Views
64
Current Estimated Value
$639,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,048
Avg. Annual Appreciation
-1.93%
Original Mortgage
$617,500
Outstanding Balance
$613,730
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$26,222

Purchase Details

Closed on
Nov 19, 2018
Sold by
Cuevas Jeffrey J
Bought by
Cuevas Mary L

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 27, 2016
Sold by
Laflamme Carol M
Bought by
Cuevas Mary L and Cuevas Jeffrey J
Seller's Agent
Leo Bourgeault
Coldwell Banker Realty
Buyer's Agent
Mark Brown
RE/MAX Oceanside
List Price
$249,900
Sold Price
$239,000
Premium/Discount to List
-$10,900
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%
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 Type Sale Price Title Company
Warranty Deed $650,000 None Available
Warranty Deed $650,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $617,500 Purchase Money Mortgage
Closed $617,500 Purchase Money Mortgage
Previous Owner $175,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $100,000 Unknown
Previous Owner $108,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $650,000 0.0% $361 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $650,000 -3.7% $361 / Sq Ft
06/17/2024 06/17/24 For Sale $675,000 +182.4% $375 / Sq Ft
05/25/2016 05/25/16 Sold $239,000 -4.4% $132 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $249,900 -- $138 / 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 $5,351 $376,300 $179,000 $197,300
2023 $4,860 $370,400 $175,900 $194,500
2022 $5,446 $331,900 $181,300 $150,600
2021 $5,699 $312,600 $179,900 $132,700
2020 $5,243 $261,500 $146,700 $114,800
2019 $4,939 $247,200 $146,700 $100,500
2018 $4,870 $247,200 $146,700 $100,500
2017 $4,891 $243,700 $146,700 $97,000
2016 $0 $243,700 $146,700 $97,000
2015 $4,550 $243,700 $146,700 $97,000
2014 $4,438 $243,700 $146,700 $97,000
2013 -- $285,100 $139,700 $145,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1593737

Maine Listings

APN: BIDD-000042-000000-000060