NOT LISTED FOR SALE

Estimated Value: $544,000 - $778,000

Studio
4 Baths
4,889 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2023

Last sale price $692,000 $142 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,308 / mo

6 Days on Market

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 2023

This 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!

Last Agent to Sell the Property

Fred Andrews

Spectrum Real Estate Listed on: 03/27/2023

Last Buyer's Agent

Kelly Hannigan

Townsend Real Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,609

Year Built

Built in 1925

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Right before the corner of Mason and Elm.
  • Above Grade Finished Sq Ft: 4356.0
  • Architectural Style: Cape Cod, Colonial, New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1925
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 154.96
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4356.0
  • Property Information:SqFt Finished Below Grade: 533.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: 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
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 62400.0
  • Income Expenses Operating Expenses: 4950.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Parking:Paved3: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Building Info:_pound_ Floors3: 2
  • Amenities:Laundry - Coin: Yes
  • Advertising Remarks:Advertising Remarks: This 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!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Style:Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: None, Crawl Space, Finished, Not Applicable
  • Full Bathrooms: 4
  • Below Grade Sq Ft: 533.0
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Rolling/Sloping, Sidewalks, Intown, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Other, Concrete Perimeter, Brick/Mortar
  • Roof: Shingle
  • Window Features:Double Pane Windows2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Biddeford Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: BIDD-000038-000000-000209
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 62400.0
  • Annual Operating Expense: 4950.0

Tax Info

  • Tax Annual Amount: 3609.0
  • Tax Lot: 209
  • Tax Year: 2022

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
$685,882

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Biddeford, ME

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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

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Map

Source: Maine Listings

MLS Number: 1552912

Maine Listings

APN: BIDD-000038-000000-000209

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