Adam Hedio
Coldwell Banker Realty
(207) 977-2927
172 Total Sales
7 in Downtown Biddeford
$262K - $740K Price Range
241 Elm St Biddeford, ME 04005
Downtown Biddeford NeighborhoodEstimated Value: $544,000 - $778,000
Studio
4
Baths
4,889
Sq Ft
$140/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- No HOA
- Coin Laundry
- Property is near public transit
- Double Pane Windows
- Lot Has A Rolling Slope
About This Home
As of May 2023This property includes two 2-units on the same lot; 241 Elm Street and 245 Elm Street. One unit contains one 1-bedroom and one 2-bedroom, while the other has two 2-bedrooms. Each unit is spacious and has a modern feel. Great opportunity for owner occupied!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,609
Year Built
- Built in 1925
Lot Details
- 7,841 Sq Ft Lot
- Lot Has A Rolling Slope
Home Design
- Cape Cod Architecture
- Colonial Architecture
- New Englander Architecture
- Brick Foundation
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 4 Full Bathrooms
- 2-Story Property
- Double Pane Windows
- Finished Basement
- Crawl Space
Flooring
- Carpet
- Vinyl
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Location
- Property is near public transit
- City Lot
Utilities
- Cooling Available
- Heat Pump System
- Natural Gas Not Available
- Electric Water Heater
Listing and Financial Details
- Tax Lot 209
- Assessor Parcel Number BIDD-000038-000000-000209
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Coin Laundry
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $4,950
- Gross Income $62,400
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2023
Closed on
May 12, 2023
Sold by
Pappas Joanna E and Donahue Joseph D
Bought by
Seller's Agent
Fred Andrews
Spectrum Real Estate
Buyer's Agent
Kelly Hannigan
Townsend Real Estate
List Price
$675,000
Sold Price
$692,000
Premium/Discount to List
$17,000
2.52%
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
-$6,118
Avg. Annual Appreciation
-0.27%
Original Mortgage
$679,466
Outstanding Balance
$653,558
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$32,324
Purchase Details
Listed on
Jul 26, 2021
Closed on
Jul 30, 2021
Sold by
Alb Vent Llc
Bought by
Donahue Joseph D and Pappas Joanna E
Seller's Agent
Fred Andrews
Spectrum Real Estate
Buyer's Agent
Fred Andrews
Spectrum Real Estate
List Price
$545,000
Sold Price
$505,000
Premium/Discount to List
-$40,000
-7.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.36%
Original Mortgage
$375,000
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 8, 2019
Sold by
Green On The Hill Props
Bought by
Alb Ventures Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 7, 2019
Sold by
Td Bank Na
Bought by
Green On The Hill Props
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 21, 2018
Sold by
Lewis Laura M and Td Bank Na
Bought by
Td Bank Na
Purchase Details
Closed on
May 8, 2012
Sold by
Maine Exteriors Llc
Bought by
Lewis Laura M and Lewis Charles R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,310
Interest Rate
4.08%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 21, 2010
Sold by
Johnson Michael E and Deutsche Bank Natl T Co
Bought by
Carrington Mtg Loan T and Deutsche Bank Natl T Co
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Biddeford, ME
-
Adam Hedio
-
Jeremy Lock
Jeremy Lock
Waypoint Brokers Collective
(207) 387-7945
85 Total Sales
1 in Downtown Biddeford
$545,000 Price
-
Aaron Chadbourne
Aaron Chadbourne
Demetria Real Estate
(207) 613-4537
232 Total Sales
1 in Downtown Biddeford
$374,313 Price
-
Aaron Kollmeyer
Aaron Kollmeyer
Coldwell Banker Realty
(508) 452-6045
88 Total Sales
1 in Downtown Biddeford
$335,000 Price
-
Emily Shaffer
Emily Shaffer
U&R Real Estate
(717) 913-5206
33 Total Sales
1 in Downtown Biddeford
$605,000 Price
-
Nova Tower
Nova Tower
Waypoint Brokers Collective
(646) 971-8783
80 Total Sales
1 in Downtown Biddeford
$359,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $692,000 | None Available | ||
| Donahue Joseph D | -- | None Available | |
| Alb Ventures Llc | -- | -- | |
| Green On The Hill Props | -- | -- | |
| Td Bank Na | -- | -- | |
| Lewis Laura M | -- | -- | |
| Carrington Mtg Loan T | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $679,466 | |
| Previous Owner | -- | $375,000 | |
| Previous Owner | Alb Vent Llc | $291,750 | |
| Previous Owner | Alb Ventures Llc | $260,000 | |
| Previous Owner | -- | $225,000 | |
| Previous Owner | Lewis Charles R | $129,310 | |
| Closed | Maine Exteriors Llc | $27,161 | |
| Closed | Maine Exteriors Llc | $40,000 | |
| Previous Owner | Johnson Michael E | $261,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/12/2023 05/12/23 | Sold | $692,000 | +2.5% | $142 / Sq Ft | |
| 04/02/2023 04/02/23 | Pending | -- | -- | -- | |
| 03/27/2023 03/27/23 | For Sale | $675,000 | +33.7% | $138 / Sq Ft | |
| 07/30/2021 07/30/21 | Sold | $505,000 | -7.3% | $103 / Sq Ft | View Prior Sale |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- | |
| 07/26/2021 07/26/21 | For Sale | $545,000 | -- | $111 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,287 | $420,800 | $118,700 | $302,100 |
| 2024 | $5,901 | $415,000 | $118,700 | $296,300 |
| 2023 | $5,386 | $410,500 | $118,700 | $291,800 |
| 2022 | $3,609 | $219,900 | $64,400 | $155,500 |
| 2021 | $3,413 | $187,200 | $52,600 | $134,600 |
| 2020 | $3,100 | $154,600 | $40,900 | $113,700 |
| 2019 | $3,089 | $154,600 | $40,900 | $113,700 |
| 2018 | $3,046 | $154,600 | $40,900 | $113,700 |
| 2017 | $3,006 | $149,800 | $40,900 | $108,900 |
| 2016 | $2,975 | $149,800 | $40,900 | $108,900 |
| 2015 | $2,917 | $149,800 | $40,900 | $108,900 |
| 2014 | -- | $149,800 | $40,900 | $108,900 |
| 2013 | -- | $234,400 | $100,600 | $133,800 |
Source: Public Records
Agents Affiliated with this Home
-
Fred Andrews
Seller's Agent in 2023
Fred Andrews
Spectrum Real Estate
(207) 233-6699
6 in this area
102 Total Sales
-
Kelly Hannigan
KH
Buyer's Agent in 2023
Kelly Hannigan
Townsend Real Estate
(207) 329-2407
1 in this area
10 Total Sales
Map
Source: Maine Listings
MLS Number: 1552912
APN: BIDD-000038-000000-000209
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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