NOT LISTED FOR SALE

261 Alfred St Biddeford, ME 04005

Estimated Value: $403,450 - $607,000

6 Beds
2 Baths
2,717 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $345,000 $127 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,036/month

6 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Porch
  • Hot Water Heating System

About This Home

As of April 2021

Huge Two Family investment property offering with expansion possibilities. Beautiful units with wood floors, high ceilings, lots of natural light, updated kitchens, and in-unit laundry hookups. Both units have 3 bedrooms and 1 bathroom, with the top floor unit boasting an unfinished attic space ready for your vision. Additional detached 2 car garage. Showings will be Thursday, March 4th 3:30 to 5pm, Saturday, March 6th 12pm to 2pm and Tuesday, March 9th from 12 to 2pm.

Last Agent to Sell the Property

Jeffrey Mateja

Keller Williams Realty Listed on: 03/02/2021

Keller Williams Realty

Last Buyer's Agent

Daniel Weber

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 1890

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Shingle Siding
  • Asbestos

Interior Spaces

  • 2 Full Bathrooms
  • 2,717 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Vinyl

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 267
  • Assessor Parcel Number BIDD-000034-000000-000267

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,401
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,749

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2717.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 124.77
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2717.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 26400.0
  • Income Expenses Operating Expenses: 7401.09
  • Style:Multi-Level: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Exterior:Asbestos: Yes
  • Advertising Remarks:Advertising Remarks: Huge Two Family investment property offering with expansion possibilities. Beautiful units with wood floors, high ceilings, lots of natural light, updated kitchens, and in-unit laundry hookups. Both units have 3 bedrooms and 1 bathroom, with the top floor unit boasting an unfinished attic space ready for your vision. Additional detached 2 car garage. Showings will be Thursday, March 4th 3:30 to 5pm, Saturday, March 6th 12pm to 2pm and Tuesday, March 9th from 12pm to 2pm. For more info or to schedule a showing call The Mateja Group 207.553.2605 & visit JeffSellsMaine.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Doghouse, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Shingle Siding, Asbestos, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: BIDD-000034-000000-000267
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Annual Operating Expense: 7401.09

Tax Info

  • Tax Annual Amount: 2749.0
  • Tax Lot: 267
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 21, 2021
Sold by
Campbell Christopher M
Bought by
Houle Caelan O
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Daniel Weber
Portside Real Estate Group
List Price
$339,000
Sold Price
$345,000
Premium/Discount to List
$6,000
1.77%
Current Estimated Value
$521,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,751
Avg. Annual Appreciation
7.67%
Original Mortgage
$338,751
Outstanding Balance
$306,096
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$183,267

Purchase Details

Closed on
Jul 19, 2011
Sold by
Lemelin Diane T R and Nadeau Denise G R
Bought by
Campbell Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,253
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2007
Sold by
Roberge Muriel G
Bought by
Roberge-Lemelin Diane T and Roberge-Lemelin Robergenadeau D
Source: Public Records
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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
Houle Caelan O -- None Available
Campbell Christopher M -- --
Roberge-Lemelin Diane T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houle Caelan O $338,751
Previous Owner Campbell Christopher M $163,253
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2021 04/21/21 Sold $345,000 +1.8% $127 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $339,000 -- $125 / 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 $4,009 $281,900 $124,700 $157,200
2023 $3,668 $279,600 $124,700 $154,900
2022 $3,083 $187,900 $70,200 $117,700
2021 $2,937 $161,100 $58,500 $102,600
2020 $2,749 $137,100 $49,700 $87,400
2019 $2,739 $137,100 $49,700 $87,400
2018 $2,701 $137,100 $49,700 $87,400
2017 $2,681 $133,600 $49,700 $83,900
2016 $2,653 $133,600 $49,700 $83,900
2015 $2,406 $133,600 $49,700 $83,900
2014 $2,347 $133,600 $49,700 $83,900
2013 -- $168,800 $64,600 $104,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1483153

Maine Listings

APN: BIDD-000034-000000-000267