NOT LISTED FOR SALE

26 Union St Biddeford, ME 04005

Estimated Value: $428,183 - $844,000

6 Beds
3 Baths
4,536 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $257,000 $57 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $4,035/month

4 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Level Lot
  • Wood Flooring
  • Hot Water Heating System

About This Home

As of August 2017

Multi-family - solid construction with NEW ROOF! 3 large sunny 3 bedroom units in a nice neighborhood near Hannafords. Each unit has a private deck and w/d hook ups, some hardwood floors and ample off-street parking

Last Agent to Sell the Property

Andrew Carr

Coldwell Banker Realty Listed on: 06/28/2017

Co-Listed By

Debra Carr

Coldwell Banker Realty

Last Buyer's Agent

Benjamin Schulz

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,752

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Vinyl

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: No Appliances
  • Tax Lot 131
  • Assessor Parcel Number 26 Union St., Biddeford

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $5,020
  • Gross Income $33,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,752

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Co List Office Phone: 207-799-5000
  • MLS Status: Closed
  • Directions: Union Street runs between Elm Street and Alfred Street.
  • Above Grade Finished Sq Ft: 3024.0
  • Architectural Style: Multi-Level
  • Building Stories: 3
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3024.0
  • Property Information:SqFt Finished Below Grade: 1512.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 33540.0
  • Income Expenses Operating Expenses: 5020.36
  • Style:Multi-Level: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 3
  • Roof:TarGravel: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 1512.0
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: One-Floor Living
  • Stories: 3

Exterior Features

  • Lot Features: Level, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Exclusions: No Appliances
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Flat, Tar/Gravel

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 26 Union St., Biddeford
  • Zoning: G

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33540.0
  • Annual Operating Expense: 5020.36

Tax Info

  • Tax Annual Amount: 3752.0
  • Tax Lot: 131
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2017
Closed on
Sep 5, 2017
Sold by
Paul Lawrence O and Paul Gloria
Bought by
Michaud Douglas P
Seller's Agent
Andrew Carr
Coldwell Banker Realty
Buyer's Agent
Benjamin Schulz
Vitalius Real Estate Group, LLC
List Price
$240,400
Sold Price
$257,000
Premium/Discount to List
$16,600
6.91%
Current Estimated Value
$657,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,296
Avg. Annual Appreciation
12.18%
Original Mortgage
$252,345
Outstanding Balance
$205,762
Interest Rate
3.96%
Mortgage Type
FHA
Estimated Equity
$451,534

Purchase Details

Closed on
Aug 1, 2005
Sold by
Mello Americo E and Mello Marco E
Bought by
Paul Gloria and Paul Lawrence O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,250
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Michaud Douglas P -- --
Paul Gloria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaud Douglas P $252,345
Previous Owner Paul Gloria $208,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2017 08/30/17 Sold $257,000 +6.9% $57 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $240,400 -- $53 / 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 $6,934 $487,600 $125,200 $362,400
2023 $6,329 $482,400 $125,200 $357,200
2022 $5,424 $330,500 $68,900 $261,600
2021 $5,203 $285,400 $57,400 $228,000
2020 $4,670 $232,900 $48,800 $184,100
2019 $4,653 $232,900 $48,800 $184,100
2018 $4,588 $232,900 $48,800 $184,100
2017 $3,791 $188,900 $48,800 $140,100
2016 $3,752 $188,900 $48,800 $140,100
2015 $3,678 $188,900 $48,800 $140,100
2014 $3,587 $188,900 $48,800 $140,100
2013 -- $245,000 $85,200 $159,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1314890

Maine Listings

APN: BIDD-000034-000000-000131