Seller's Agent in 2022
David Trottier
Realty Sales Inc
(207) 229-0559
31 in this area
141 Total Sales
265 Elm St Biddeford, ME 04005
Estimated Value: $688,000 - $1,056,000
9
Beds
3
Baths
4,064
Sq Ft
$207/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Screened Porch
- Bathtub
- No HOA
- 3 Car Detached Garage
- Shed
About This Home
As of February 202296.5% FHA Financing Available. IDEAL OWNER OCCUPIED property with a 3 car garage & with plenty of off street parking. All the apartments are very large 3-4 bedrooms units with sheds & enclosed porches. Walking distance to all down town restaurants,pubs & Hannaford Supermarket. This property has been well maintained consistently and offers a maintenance free exterior. The dry daylight basement offers 8'-9' ceiling height and makes a terrific work shop & added storage space. Rents are below market rate with plenty of room for an increase. No leases. Tenants are all tenants at will. Showing schedule is Tuesday at 1:00 & Saturday at 11:00. 24 HOUR NOTICE IS REQUIRED. This is a nice building and well worth previewing. Take advantage of the low interest rates! Annual Expenses- Heating Oil $ 3,671 (1,264 gallons), Insurance $2,001, Water $ 573, Sewer $1,011, Property Taxes $5,299.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,299
Year Built
- Built in 1922
Lot Details
- 0.25 Acre Lot
- Level Lot
- Open Lot
Parking
- 3 Car Detached Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
Home Design
- Flat Roof Shape
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Tar and Gravel Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 4,064 Sq Ft Home
- Screened Porch
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Full Bathrooms
- Bathtub
- Shower Only
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Natural lighting in basement
Outdoor Features
- Shed
- Outbuilding
Location
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 49
- Assessor Parcel Number 265ElmBiddeford04005
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $12,829
- Gross Income $51,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 23, 2021
Closed on
Feb 2, 2022
Sold by
Stours Dana R and Stours Rachel S
Bought by
Lezaja Goran
Seller's Agent
David Trottier
Realty Sales Inc
Buyer's Agent
Dominik Porobic
Keller Williams Realty
List Price
$580,000
Sold Price
$640,000
Premium/Discount to List
$60,000
10.34%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,642
Avg. Annual Appreciation
9.23%
Original Mortgage
$618,640
Outstanding Balance
$574,863
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$307,651
Purchase Details
Closed on
Jan 24, 2006
Sold by
Labonte Elizabeth and Labonte Michael D
Bought by
Stours Rachel S and Stours Dana R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lezaja Goran | $640,000 | None Available | |
| Stours Rachel S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lezaja Goran | $618,640 | |
| Previous Owner | Stours Dana R | $180,000 | |
| Previous Owner | Stours Dana R | $166,000 | |
| Previous Owner | Stours Rachel S | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/02/2022 02/02/22 | Sold | $640,000 | +10.3% | $157 / Sq Ft |
| 12/01/2021 12/01/21 | Pending | -- | -- | -- |
| 11/23/2021 11/23/21 | For Sale | $580,000 | -- | $143 / 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 | $8,306 | $584,100 | $138,400 | $445,700 |
| 2023 | $7,582 | $577,900 | $138,400 | $439,500 |
| 2022 | $5,512 | $335,900 | $75,400 | $260,500 |
| 2021 | $5,299 | $290,700 | $62,800 | $227,900 |
| 2020 | $4,788 | $238,800 | $53,400 | $185,400 |
| 2019 | $4,771 | $238,800 | $53,400 | $185,400 |
| 2018 | $1,252 | $238,800 | $53,400 | $185,400 |
| 2017 | $1,354 | $218,700 | $53,400 | $165,300 |
| 2016 | $4,343 | $218,700 | $53,400 | $165,300 |
| 2015 | $4,258 | $218,700 | $53,400 | $165,300 |
| 2014 | $4,153 | $218,700 | $53,400 | $165,300 |
| 2013 | -- | $261,900 | $89,200 | $172,700 |
Source: Public Records
Agents Affiliated with this Home
-
David Trottier
-
Dominik Porobic
D
Buyer's Agent in 2022
Dominik Porobic
Keller Williams Realty
(207) 400-5671
9 in this area
40 Total Sales
Map
Source: Maine Listings
MLS Number: 1515323
APN: BIDD-000034-000000-000049
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