Seller's Agent in 2025
Tasha Massey
On Point Realty
(207) 754-5058
3 in this area
111 Total Sales
247 Elm St Biddeford, ME 04005
Downtown Biddeford Neighborhood
4
Beds
1
Bath
1,984
Sq Ft
3,485
Sq Ft Lot
Highlights
- Wood Flooring
- No HOA
- Living Room
- Main Floor Bedroom
- 1 Car Detached Garage
- Laundry Room
About This Home
As of October 2025Bring your vision to life with this versatile Biddeford property offering potential for a second residential unit (buyer to verify with the city). Situated on high-visibility Elm Street with ample road frontage, this property was once home to a neighborhood barber shop on the first floor: ideal for conversion into additional living space, a home business, or a rental unit.
The roof was replaced in 2024, giving you a head start on the updates. Only cosmetic renovations remain to make this property shine. With its flexible layout and prime location, this is a fantastic opportunity for owner-occupants, investors, and entrepreneurs alike.
Enjoy the benefits of living just 5 minutes to downtown Biddeford and Saco, less than 20 minutes to Portland, and about 90 minutes to Boston, all while being minutes from beautiful Southern Maine beaches.
Whether you're looking for a primary home with income potential or your next investment project, 247 Elm Street offers a rare combination of location, visibility, and possibility.
OPEN HOUSE 8/14 FROM 5 PM- 6PM
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,352
Year Built
- Built in 1933
Lot Details
- 3,485 Sq Ft Lot
- Open Lot
- Property is zoned MSRD2
Parking
- 1 Car Detached Garage
- No Driveway
- On-Street Parking
Home Design
- Wood Frame Construction
- Membrane Roofing
- Clap Board Siding
- Clapboard
Interior Spaces
- Living Room
- Laundry Room
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 1 Full Bathroom
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Probate Listing
- Court or third-party approval is required for the sale
- Tax Lot 43
- Assessor Parcel Number BIDD-000034-000000-000043
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2025
Closed on
Oct 17, 2025
Sold by
Legros Laurenda Est and Campo
Bought by
Kns Properties Llc
Seller's Agent
Tasha Massey
On Point Realty
Buyer's Agent
Tasha Massey
On Point Realty
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Views
98
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
878.65%
Original Mortgage
$332,500
Outstanding Balance
$332,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$100,101
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $332,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/17/2025 10/17/25 | Sold | $185,000 | +5.7% | $93 / Sq Ft |
| 08/28/2025 08/28/25 | Pending | -- | -- | -- |
| 08/20/2025 08/20/25 | Price Changed | $175,000 | -10.3% | $88 / Sq Ft |
| 08/11/2025 08/11/25 | For Sale | $195,000 | -- | $98 / 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 | $3,352 | $235,700 | $115,800 | $119,900 |
| 2023 | $3,092 | $235,700 | $115,800 | $119,900 |
| 2022 | $3,057 | $186,300 | $57,800 | $128,500 |
| 2021 | $2,853 | $156,500 | $47,300 | $109,200 |
| 2020 | $2,769 | $138,100 | $36,800 | $101,300 |
| 2019 | $2,759 | $138,100 | $36,800 | $101,300 |
| 2018 | $2,721 | $138,100 | $36,800 | $101,300 |
| 2017 | $2,613 | $130,200 | $36,800 | $93,400 |
| 2016 | $2,586 | $130,200 | $36,800 | $93,400 |
| 2015 | $2,389 | $132,700 | $36,800 | $95,900 |
| 2014 | $2,330 | $132,700 | $36,800 | $95,900 |
| 2013 | -- | $154,600 | $54,000 | $100,600 |
Source: Public Records
Agents Affiliated with this Home
-
Tasha Massey
Map
Source: Maine Listings
MLS Number: 1633842
APN: BIDD-000034-000000-000043
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