J
Seller's Agent in 2023
Jeremy Lock
Waypoint Brokers Collective
(207) 747-7871
1 in this area
66 Total Sales
27 Summer St Biddeford, ME 04005
Downtown Biddeford Neighborhood
--
Bed
3
Baths
2,854
Sq Ft
2,614
Sq Ft Lot
Highlights
- Wood Flooring
- No HOA
- 4-minute walk to Shevenell Park
- Corner Lot
- Baseboard Heating
About This Home
As of October 2023Beautiful, brick, 2 unit conveniently located within walking distance to all downtown Biddeford has to offer. First floor features 3 bedrooms and a private entrance. Second floor is a perfect owners unit with 3 large bedrooms, 2 bathrooms, and 2 bonus rooms in the attic for possible future expansion. Master suite on second floor has been utilized as Airbnb space for additional income. Each unit has its own washer/dryer hookup and tenants pay their own electric. First floor rents at $1450/month, lease expires 5/31/2021. Second floor is vacant. Owner pays heat/water, sewer. Great investment or perfect owner occupied building!
Last Buyer's Agent
Jeremy Lock
Portside Real Estate Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,249
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
- Corner Lot
Parking
- No Driveway
Home Design
- Brick Exterior Construction
- Shingle Roof
- Membrane Roofing
- Masonry
Interior Spaces
- 3 Full Bathrooms
- 2,854 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 32
- Assessor Parcel Number BIDD-000039-000000-000032
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $6,949
- Gross Income $24,350
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2023
Closed on
Oct 13, 2023
Sold by
Pleasant Riv Ent Llc
Bought by
Oketayot Marissa M and Ojok Jacob
Seller's Agent
Jeremy Lock
Waypoint Brokers Collective
Buyer's Agent
Christina Farynaz
Coldwell Banker Realty
List Price
$499,000
Sold Price
$545,000
Premium/Discount to List
$46,000
9.22%
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
$31,699
Avg. Annual Appreciation
0.53%
Original Mortgage
$446,250
Outstanding Balance
$439,562
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$110,678
Purchase Details
Listed on
Jul 14, 2020
Closed on
Sep 9, 2020
Sold by
Macelhaney Thomas J
Bought by
Pleasant Riv Ent Llc
Seller's Agent
John Fitzsimons
Portside Real Estate Group
Buyer's Agent
Jeremy Lock
Portside Real Estate Group
List Price
$299,000
Sold Price
$352,500
Premium/Discount to List
$53,500
17.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%
Original Mortgage
$200,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 11, 2017
Closed on
Jul 13, 2017
Sold by
Nasta Edward and Boltax Richard
Bought by
Macelhaney Thomas J
Seller's Agent
Tim Madden
Assist-2-Sell Home Team Advantage
Buyer's Agent
David Dion
Keller Williams Realty
List Price
$159,900
Sold Price
$156,500
Premium/Discount to List
-$3,400
-2.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.68%
Original Mortgage
$125,200
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2005
Sold by
Gold Susan D and Gold John C
Bought by
Snow Steven D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $545,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $446,250 | FHA | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $125,200 | New Conventional | |
| Previous Owner | $180,000 | Unknown | |
| Previous Owner | $45,000 | Unknown | |
| Previous Owner | $172,800 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $43,200 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2023 10/13/23 | Sold | $545,000 | +9.2% | $191 / Sq Ft |
| 09/11/2023 09/11/23 | Pending | -- | -- | -- |
| 09/08/2023 09/08/23 | For Sale | $499,000 | +41.6% | $175 / Sq Ft |
| 09/09/2020 09/09/20 | Sold | $352,500 | +17.9% | $124 / Sq Ft |
| 07/20/2020 07/20/20 | Pending | -- | -- | -- |
| 07/08/2020 07/08/20 | For Sale | $299,000 | +53.7% | $105 / Sq Ft |
| 05/16/2019 05/16/19 | Sold | $194,516 | +5.4% | $116 / Sq Ft |
| 04/01/2019 04/01/19 | Pending | -- | -- | -- |
| 03/25/2019 03/25/19 | For Sale | $184,500 | +17.9% | $110 / Sq Ft |
| 06/20/2017 06/20/17 | Sold | $156,500 | -2.1% | $55 / Sq Ft |
| 04/19/2017 04/19/17 | Pending | -- | -- | -- |
| 04/11/2017 04/11/17 | For Sale | $159,900 | -- | $56 / 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 | $5,452 | $383,400 | $108,800 | $274,600 |
| 2023 | $4,467 | $340,500 | $108,800 | $231,700 |
| 2022 | $3,776 | $230,100 | $56,300 | $173,800 |
| 2021 | $3,580 | $196,400 | $46,100 | $150,300 |
| 2020 | $4,098 | $162,600 | $35,800 | $126,800 |
| 2019 | $5,302 | $162,600 | $35,800 | $126,800 |
| 2018 | $3,730 | $162,600 | $35,800 | $126,800 |
| 2017 | $5,042 | $177,300 | $35,800 | $141,500 |
| 2016 | $3,521 | $177,300 | $35,800 | $141,500 |
| 2015 | $3,452 | $177,300 | $35,800 | $141,500 |
| 2014 | $3,367 | $177,300 | $35,800 | $141,500 |
| 2013 | -- | $217,900 | $60,000 | $157,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2023
Christina Farynaz
Coldwell Banker Realty
(207) 310-0463
1 in this area
33 Total Sales
-
J
Seller's Agent in 2020
John Fitzsimons
Portside Real Estate Group
(207) 233-8314
4 in this area
207 Total Sales
-
Seller Co-Listing Agent in 2020
Kaili Moore
Portside Real Estate Group
(207) 252-4161
5 in this area
191 Total Sales
-
R
Seller's Agent in 2019
Robert Metayer
Coldwell Banker Realty
-
K
Buyer's Agent in 2019
Karen Dorow
RE/MAX Coast to Coast
Map
Source: Maine Listings
MLS Number: 1459585
APN: BIDD-000039-000000-000032
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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