NOT LISTED FOR SALE

Estimated Value: $502,000 - $629,000

6 Beds
3 Baths
2,697 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $415,000 $154 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,259/month

14 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Open Lot
  • No HOA

About This Home

As of July 2022

This home is located at 31 Mount Vernon St, Biddeford, ME 04005 since 29 May 2022 and is currently estimated at $538,922, approximately $199 per square foot. This property was built in 1900. 31 Mount Vernon St is a home located in York County with nearby schools including John F Kennedy Memorial School, Biddeford Primary School, and Biddeford Intermediate School.

Last Agent to Sell the Property

Michael McCormick

EXP Realty Listed on: 05/29/2022

EXP Realty

Last Buyer's Agent

Michael Hanes

Maine Home Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Open Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,697 Sq Ft Home
  • Multi-Level Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking

Utilities

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

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number BIDD-000039-000000-000024

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $6,650
  • Gross Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,659

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • MLS Status: Closed
  • Directions: From Foss Street, turn right onto Mt Vernon Street. Property is on the left.
  • Above Grade Finished Sq Ft: 2697.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2697.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 52800.0
  • Income Expenses Operating Expenses: 6650.0
  • Style:Multi-Level: Yes
  • Basement:Dirt Floor: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Partial, Exterior Only
  • Full Bathrooms: 3
  • Flooring: Wood, Laminate

Exterior Features

  • Lot Features: Open Lot, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: BIDD-000039-000000-000024
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 52800.0
  • Annual Operating Expense: 6650.0

Tax Info

  • Tax Annual Amount: 3659.0
  • Tax Book Number: 18938
  • Tax Lot: 24
  • Tax Map Number: 24
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2022
Closed on
Jul 25, 2022
Sold by
11 Properties Llc
Bought by
Sobral Mario A
Seller's Agent
Michael McCormick
EXP Realty
Buyer's Agent
Michael Hanes
Maine Home Connection
List Price
$439,000
Sold Price
$415,000
Premium/Discount to List
-$24,000
-5.47%
Current Estimated Value
$538,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,922
Avg. Annual Appreciation
6.44%
Original Mortgage
$407,483
Outstanding Balance
$391,411
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$114,127

Purchase Details

Closed on
Jan 26, 2022
Sold by
Metayer Donald H
Bought by
11 Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Sobral Mario A $415,000 None Available
11 Properties Llc $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sobral Mario A $407,483
Previous Owner 11 Properties Llc $340,000
Previous Owner Metayer Donald H $127,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $415,000 -5.5% $154 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $439,000 -- $163 / 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 $4,950 $348,100 $101,500 $246,600
2023 $4,521 $344,600 $101,500 $243,100
2022 $3,828 $233,300 $54,700 $178,600
2021 $3,659 $200,700 $44,700 $156,000
2020 $3,232 $161,200 $34,800 $126,400
2019 $3,221 $161,200 $34,800 $126,400
2018 $3,176 $161,200 $34,800 $126,400
2017 $2,954 $147,200 $34,800 $112,400
2016 $2,923 $147,200 $34,800 $112,400
2015 $2,866 $147,200 $34,800 $112,400
2014 $2,795 $147,200 $34,800 $112,400
2013 -- $195,000 $57,300 $137,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1529733

Maine Listings

APN: BIDD-000039-000000-000024