Seller's Agent in 2022
Bob Letellier
Coldwell Banker Realty
(207) 590-5178
4 in this area
115 Total Sales
23 Jefferson St Biddeford, ME 04005
Downtown Biddeford NeighborhoodEstimated Value: $884,225
6
Beds
3.5
Baths
3,570
Sq Ft
$248/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Wood Flooring
- Corner Lot
- Property is near public transit
- Victorian Architecture
- 4-minute walk to Shevenell Park
About This Home
As of February 2022OWN BY THE HOLIDAYS!! Own a piece of Biddeford history with this Quintessential Maine Victorian located in the heart of downtown Biddeford. This beautiful property currently has a mixed use, with (2) apartments(One 2 bedroom and One 1 bedroom) and (2) commercial rentals for great income potential. Walking distance to city theater, local cafes and restaurants, town hall and a thriving downtown community. Minutes away from the Amtrak Downeaster that runs along the New England shoreline from Boston to Brunswick. On street and off street parking available. Property has many original features and yesteryears architectural charm. Mixed use requires commercial financing or opportunity to convert to (3) unit residential with new construction financing. Annual expenses, Natural gas $1,925. Water $400. Sewer $630. Electric $780 (2nd floor only). Don't miss out on this unique investment property!
Co-Listed By
Christopher Maksut
RE/MAX Realty One
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,958
Year Built
- Built in 1870
Lot Details
- 6,098 Sq Ft Lot
- Landscaped
- Corner Lot
Home Design
- Victorian Architecture
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,570 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Laminate
- Vinyl
Unfinished Basement
- Walk-Out Basement
- Exterior Basement Entry
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- On-Street Parking
- On-Site Parking
- Off-Street Parking
- Reserved Parking
Location
- Property is near public transit
- The property is located in a historic district
- City Lot
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Water Heated On Demand
Listing and Financial Details
- Tax Lot 192
- Assessor Parcel Number BIDD-000038-000000-000192
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $9,693
- Gross Income $45,120
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2021
Closed on
Feb 7, 2022
Sold by
23 Jefferson Street Llc
Bought by
Olcott & Owen Llc
Seller's Agent
Bob Letellier
Coldwell Banker Realty
Buyer's Agent
Dominik Porobic
Keller Williams Realty
List Price
$733,000
Sold Price
$708,000
Premium/Discount to List
-$25,000
-3.41%
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
$176,225
Avg. Annual Appreciation
6.71%
Original Mortgage
$558,000
Outstanding Balance
$522,483
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$358,253
Purchase Details
Closed on
Aug 2, 2017
Sold by
Dube Gervais J and Dube Diane N
Bought by
Plante Donald and Plante Melissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 9, 2005
Sold by
Bernard Debra A and Bernard James R
Bought by
Dube Lewis Props Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.07%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Olcott & Owen Llc | $708,000 | Stewart Title | |
| Plante Donald | -- | -- | |
| Dube Lewis Props Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Olcott & Owen Llc | $558,000 | |
| Previous Owner | Plante Donald | $162,000 | |
| Previous Owner | Dube Gervais J | $125,000 | |
| Previous Owner | Dube Lewis Props Inc | $1,000,000 | |
| Previous Owner | Dube Lewis Props Inc | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2022 02/07/22 | Sold | $708,000 | -3.4% | $198 / Sq Ft |
| 12/15/2021 12/15/21 | Pending | -- | -- | -- |
| 11/05/2021 11/05/21 | For Sale | $733,000 | -- | $205 / 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 | $8,468 | $595,500 | $160,100 | $435,400 |
| 2023 | $7,813 | $595,500 | $160,100 | $435,400 |
| 2022 | $5,977 | $364,200 | $123,200 | $241,000 |
| 2021 | $5,958 | $326,800 | $123,200 | $203,600 |
| 2020 | $6,021 | $300,300 | $123,200 | $177,100 |
| 2019 | $6,000 | $300,300 | $123,200 | $177,100 |
| 2018 | $5,916 | $300,300 | $123,200 | $177,100 |
| 2017 | $5,674 | $282,700 | $123,200 | $159,500 |
| 2016 | $4,320 | $217,500 | $69,000 | $148,500 |
| 2015 | $4,235 | $217,500 | $69,000 | $148,500 |
| 2014 | $4,130 | $217,500 | $69,000 | $148,500 |
| 2013 | -- | $193,100 | $78,400 | $114,700 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Letellier
-
C
Seller Co-Listing Agent in 2022
Christopher Maksut
RE/MAX
-
Dominik Porobic
D
Buyer's Agent in 2022
Dominik Porobic
Keller Williams Realty
(207) 400-5671
2 in this area
38 Total Sales
Map
Source: Maine Listings
MLS Number: 1514066
APN: BIDD-000038-000000-000192
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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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