NOT LISTED FOR SALE

Estimated Value: $487,295 - $557,000

6 Beds
3 Baths
2,697 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2022

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

Est. 25% increase in value since last sale

Current estimated payment $3,240 / mo

14 Days on Market

Highlights

  • Wood Flooring
  • Property is near shops
  • Open Lot
  • No HOA
  • Baseboard Heating

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 $518,574, approximately $192 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

Location

  • Property is near shops

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

Pet Policy

  • Pets Allowed

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

5,227 Sq Ft Lot

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
  • Contract Information:List PriceSqFt: 162.77
  • 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 Lot: 24
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2022
Closed on
Jul 25, 2022
Sold by
Bought by
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
$518,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,574
Avg. Annual Appreciation
5.86%
Original Mortgage
$407,483
Outstanding Balance
$385,912
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$132,662

Purchase Details

Closed on
Jan 26, 2022
Sold by
Bought by

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$415,000 None Available
$320,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $407,483
Previous Owner $340,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,272 $352,900 $101,500 $251,400
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

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