Seller's Agent in 2021
Mandy Wheeler
U&R Real Estate
(207) 333-1050
4 in this area
263 Total Sales
27 Fall St Biddeford, ME 04005
Estimated Value: $725,000 - $795,000
5
Beds
3
Baths
4,278
Sq Ft
$179/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Corner Lot
- Forced Air Heating System
- New Englander Architecture
- No HOA
- Hot Water Heating System
About This Home
As of November 2021Massive triple decker and phenomenal investment property! Located only minutes from downtown, this beast of a building hosts 3 incredibly large apartments (approx 1,400 sq ft each!), a large back yard, and also a 3 car garage! Each unit is 3-4 bedrooms, 1 bath, and has additional rooms that are currently being used as storage. Although slightly aesthetically dated on some floors, there are gorgeous features like hardwood floors, tin ceilings, and built ins! This building pulls in fantastic rent numbers, and would be a great addition to anyone's portfolio! Seller is looking for a cash or conventional offer only, and unit is occupied, so 24 hr notice is required for showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,750
Year Built
- Built in 1920
Lot Details
- 6,534 Sq Ft Lot
- Corner Lot
- Level Lot
Parking
- 3 Car Garage
- Driveway
Home Design
- New Englander Architecture
- Wood Frame Construction
- Tar and Gravel Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 4,278 Sq Ft Home
- Multi-Level Property
Flooring
- Wood
- Carpet
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 340
- Assessor Parcel Number BIDD-000034-000000-000340
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $12,842
- Gross Income $62,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2020
Closed on
Aug 27, 2020
Sold by
Vachon Claudette M
Bought by
Alrammahi Muhammed
Seller's Agent
CJ Dubois-Cote
Keller Williams Realty
Buyer's Agent
Mandy Wheeler
U&R Real Estate
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
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
$314,333
Avg. Annual Appreciation
10.79%
Original Mortgage
$441,849
Outstanding Balance
$392,112
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$372,221
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 |
|---|---|---|---|
| Alrammahi Muhammed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alrammahi Muhammed | $441,849 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/24/2021 11/24/21 | Sold | $594,525 | +3.4% | $139 / Sq Ft | |
| 08/23/2021 08/23/21 | Pending | -- | -- | -- | |
| 08/19/2021 08/19/21 | For Sale | $575,000 | +27.8% | $134 / Sq Ft | |
| 08/27/2020 08/27/20 | Sold | $450,000 | +5.9% | $105 / Sq Ft | View Prior Sale |
| 07/06/2020 07/06/20 | Pending | -- | -- | -- | |
| 07/02/2020 07/02/20 | For Sale | $425,000 | -- | $99 / 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 | $6,979 | $490,800 | $127,200 | $363,600 |
| 2023 | $6,372 | $485,700 | $127,200 | $358,500 |
| 2022 | $5,461 | $332,800 | $68,200 | $264,600 |
| 2021 | $5,258 | $288,400 | $56,800 | $231,600 |
| 2020 | $4,140 | $236,900 | $48,400 | $188,500 |
| 2019 | $4,733 | $236,900 | $48,400 | $188,500 |
| 2018 | $4,667 | $236,900 | $48,400 | $188,500 |
| 2017 | $4,347 | $216,600 | $48,400 | $168,200 |
| 2016 | $4,302 | $216,600 | $48,400 | $168,200 |
| 2015 | $4,023 | $216,600 | $48,400 | $168,200 |
| 2014 | $3,923 | $216,600 | $48,400 | $168,200 |
| 2013 | -- | $259,400 | $63,400 | $196,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mandy Wheeler
-
AmyBeth Brochu-Krikken
A
Buyer's Agent in 2021
AmyBeth Brochu-Krikken
Rockstar Real Estate
(207) 317-1338
2 in this area
110 Total Sales
-
CJ Dubois-Cote
Seller's Agent in 2020
CJ Dubois-Cote
Keller Williams Realty
(207) 879-9800
24 in this area
122 Total Sales
Map
Source: Maine Listings
MLS Number: 1505818
APN: BIDD-000034-000000-000340
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