NOT LISTED FOR SALE

Estimated Value: $395,000 - $501,000

4 Beds
2 Baths
2,408 Sq Ft
$191/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $440,000 $183 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,836/month

12 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating
  • Hot Water Heating System
  • No HOA

About This Home

As of May 2024

Exciting opportunity for owner occupied multiunit in the heart of Biddeford, close to amenities. Property includes two spacious 3 bedroom, one bath units. Second floor unit having undergone a complete renovation including new floor joists, subfloor, sheathing, insulation, windows, doors, vinyl siding and roof, walk in closet, new bathroom with full bath, new vanity, fixtures and built in shelving, and new laundry area. Upgrades include new kitchen cabinets, granite counter tops, under mount sink, stainless steel range, hood and refrigerator. Property heated with natural gas. Plenty of parking. This is a must see!

Last Agent to Sell the Property

Derrick Buckspan

RE/MAX Shoreline Listed on: 02/14/2024

RE/MAX Shoreline

Last Buyer's Agent

Jamie Crain

Fontaine Family-The Real Estate Leader

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,644

Year Built

  • Built in 1880

Lot Details

  • 5,663

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,408 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • 5,663 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 208
  • Assessor Parcel Number BIDD-000038-000000-000208

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,427
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,644

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: N/A
  • Directions: GPS friendly
  • Above Grade Finished Sq Ft: 2408.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2408.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 39000.0
  • Income Expenses Operating Expenses: 10427.2
  • Style:Multi-Level: Yes
  • Basement:Crawl Space: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Exterior:Aluminum Siding: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Exterior Entry, Bulkhead
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Laminate
  • Stories: 2

Exterior Features

  • Lot Features: Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Aluminum Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Biddeford Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: BIDD-000038-000000-000208
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 39000.0
  • Annual Operating Expense: 10427.2

Tax Info

  • Tax Annual Amount: 3644.0
  • Tax Book Number: 14058
  • Tax Lot: 208
  • Tax Map Number: 38
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
May 13, 2024
Sold by
Libby Timothy M
Bought by
Ngoy Mathurin and Muteba Toto K
Seller's Agent
Derrick Buckspan
RE/MAX Shoreline
Buyer's Agent
Jamie Crain
Fontaine Family-The Real Estate Leader
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
22
Current Estimated Value
$460,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,063
Avg. Annual Appreciation
7.47%
Original Mortgage
$432,030
Outstanding Balance
$423,940
Interest Rate
4.95%
Mortgage Type
FHA
Estimated Equity
$61,362
Source: Public Records

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
Ngoy Mathurin -- None Available
Ngoy Mathurin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngoy Mathurin $432,030
Closed Ngoy Mathurin $432,030
Previous Owner Libby Timothy M $135,092
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $440,000 -2.2% $183 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $450,000 0.0% $187 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $450,000 -- $187 / 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 $4,868 $342,300 $125,000 $217,300
2023 $3,645 $277,800 $125,000 $152,800
2022 $2,890 $176,100 $61,400 $114,700
2021 $2,725 $149,500 $50,200 $99,300
2020 $2,464 $122,900 $39,100 $83,800
2019 $2,456 $122,900 $39,100 $83,800
2018 $2,421 $122,900 $39,100 $83,800
2017 $2,394 $119,300 $39,100 $80,200
2016 $2,369 $119,300 $39,100 $80,200
2015 $2,323 $119,300 $39,100 $80,200
2014 $2,266 $119,300 $39,100 $80,200
2013 -- $178,300 $69,700 $108,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1581512

Maine Listings

APN: BIDD-000038-000000-000208