NOT LISTED FOR SALE

256 South St Biddeford, ME 04005

Estimated Value: $451,000 - $570,000

4 Beds
2 Baths
2,480 Sq Ft
$201/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $126,000 $51 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $3,230/month

14 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • 2 Car Direct Access Garage
  • Wood Flooring
  • No HOA
  • Forced Air Heating System

About This Home

As of November 2019

Looking for an equity builder? Don't miss this massive 2 Unit located in a pretty sweet Biddeford location.This place boasts a large corner Lot, attached 2 car garage, common and separate entrances, the list goes on. Property in need of repairs and will not finance.

Last Listed By

Justin Robbins

Excellence Realty Listed on: 10/07/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,480 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Dirt Floor

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 59
  • Assessor Parcel Number BIDD-000032-000000-000059

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Ownership: Special Warranty Deed
  • MLS Status: Closed
  • Directions: FROM RT.1 (ELM ST)HEADING SOUTH, TAKE A RIGHT ON SOUTH ST.
  • Above Grade Finished Sq Ft: 2480.0
  • Architectural Style: Colonial, Multi-Level
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.35
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2480.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Basement:Partial: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Walk-Out Access, Partial, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Other, Carpet
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Other
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, Inside Entrance, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • 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: 15246.0
  • Parcel #: BIDD-000032-000000-000059
  • Zoning: R1A

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3826.0
  • Tax Book Number: 17715
  • Tax Lot: 59
  • Tax Map Number: 32
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Toth Daniel
Bought by
Murillo Property Mgmt Llc
Total Days on Market
14
Current Estimated Value
$498,947

Purchase Details

Closed on
Jul 17, 2020
Sold by
Bkre Llc
Bought by
Toth Daniel

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 5, 2019
Sold by
First Horizon Home Loans
Bought by
Bkre Llc
Seller's Agent
Justin Robbins
Excellence Realty
Buyer's Agent
Michael Snell
Excellence Realty
List Price
$115,000
Sold Price
$126,000
Premium/Discount to List
$11,000
9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.01%
Original Mortgage
$150,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2014
Sold by
First Horizon Home Loans
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Jul 7, 2008
Sold by
Hallett Michael
Bought by
Nguyen Anthony

Range of Values:

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Average Value
Not Available
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
Murillo Property Mgmt Llc $69,000 None Available
Murillo Property Mgmt Llc $69,000 None Available
Mcelrath Sabine $443,000 None Available
Mcelrath Sabine $443,000 None Available
Toth Daniel -- None Available
Toth Daniel -- None Available
Bkre Llc $126,000 --
Bkre Llc $126,000 --
First Horizon Home Loans -- --
First Horizon Home Loans -- --
Nguyen Anthony -- --
Nguyen Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelrath Sabine $415,800
Previous Owner Bkre Llc $150,000
Previous Owner Hallett Michael C $168,000
Previous Owner Hallett Michael C $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $126,000 +9.6% $51 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $115,000 -- $46 / 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 $5,395 $379,400 $142,100 $237,300
2023 $5,089 $387,900 $154,300 $233,600
2022 $4,294 $261,700 $86,600 $175,100
2021 $4,096 $224,700 $73,300 $151,400
2020 $3,894 $194,200 $66,600 $127,600
2019 $3,880 $194,200 $66,600 $127,600
2018 $757 $194,200 $66,600 $127,600
2017 $819 $188,700 $66,600 $122,100
2016 $3,748 $188,700 $66,600 $122,100
2015 $3,674 $188,700 $66,600 $122,100
2014 $3,583 $188,700 $66,600 $122,100
2013 -- $206,600 $76,700 $129,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1435649

Maine Listings

APN: BIDD-000032-000000-000059