Seller's Agent in 2024
Adam Parent
Maine Real Estate Co
(207) 604-4624
6 in this area
226 Total Sales
311 Main St Biddeford, ME 04005
Downtown Biddeford NeighborhoodEstimated Value: $876,102
3
Beds
3.5
Baths
6,090
Sq Ft
$144/Sq Ft
Est. Value
Highlights
- Scenic Views
- Baseboard Heating
- Carpet
- No HOA
About This Home
As of February 2024Main Street Biddeford- A notable and iconic location to live + work + play. With the revitalization going on, now is the time to invest more than ever before in Biddeford Maine. This recognizable building, fully occupied, is now for sale. The first level is 3,000+/- sq.ft. of commercial space. Currently home to one business, but the space could be split up if needed to allow for more than one commercial tenant. The upper level includes three well appointed two bedroom residential apartments, below market rent. With the increased need of housing, another opportunity to explore would be a condo conversion for this Iconic building which would satisfy the need for more housing, and offer such a unique living space on Main Street Biddeford. Main Street is home to many restaurants & bars and boutique stores. Within walking distance to the Saco River, and a short drive to the University of New England and local beaches. If you have been considering investing in Biddeford, here is your sign.
Last Buyer's Agent
Adam Parent
Coldwell Banker Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,525
Year Built
- Built in 1900
Lot Details
- 3,049 Sq Ft Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Tar and Gravel Roof
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 6,090 Sq Ft Home
- 2-Story Property
- Scenic Vista Views
Flooring
- Carpet
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- No Driveway
- On-Street Parking
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Tax Lot 143
- Assessor Parcel Number BIDD-000038-000000-000143
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2023
Closed on
Feb 7, 2024
Sold by
T & P Properties Llc
Bought by
Oob 10 Llc
Seller's Agent
Adam Parent
Maine Real Estate Co
Buyer's Agent
Adam Parent
Keller Williams Realty
List Price
$1,100,000
Sold Price
$743,893
Premium/Discount to List
-$356,107
-32.37%
Views
7
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
$132,209
Avg. Annual Appreciation
9.46%
Original Mortgage
$635,000
Outstanding Balance
$622,527
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,575
Purchase Details
Closed on
Aug 14, 2017
Sold by
Nks Group Llc
Bought by
T & P 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
$292,500
Interest Rate
3.88%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 20, 2016
Sold by
Cook 311 Main Street Llc
Bought by
Nks Group Llc
Purchase Details
Closed on
May 16, 2005
Sold by
Raybine Charles
Bought by
Ayres Shay K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.05%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Oob 10 Llc | $743,893 | None Available | |
| Oob 10 Llc | $743,893 | None Available | |
| T & P Properties Llc | -- | -- | |
| Nks Group Llc | -- | -- | |
| Nks Group Llc | -- | -- | |
| Ayres Shay K | -- | -- | |
| Ayres Shay K | -- | -- | |
| Ayres Shay K | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oob 10 Llc | $635,000 | |
| Closed | Oob 10 Llc | $635,000 | |
| Previous Owner | T & P Properties Llc | $292,500 | |
| Previous Owner | Ayres Shay K | $69,500 | |
| Previous Owner | Ayres Shay K | $157,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/09/2024 02/09/24 | Price Changed | $825,000 | +10.9% | $135 / Sq Ft |
| 02/09/2024 02/09/24 | Off Market | $743,893 | -- | -- |
| 02/07/2024 02/07/24 | Sold | $743,893 | -32.4% | $122 / Sq Ft |
| 11/27/2023 11/27/23 | Pending | -- | -- | -- |
| 10/16/2023 10/16/23 | For Sale | $1,100,000 | -- | $181 / 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 | $8,141 | $572,500 | $153,200 | $419,300 |
| 2023 | $7,511 | $572,500 | $153,200 | $419,300 |
| 2022 | $5,525 | $336,700 | $117,900 | $218,800 |
| 2021 | $5,412 | $296,900 | $117,900 | $179,000 |
| 2020 | $5,556 | $277,100 | $117,900 | $159,200 |
| 2019 | $5,536 | $277,100 | $117,900 | $159,200 |
| 2018 | $5,459 | $277,100 | $117,900 | $159,200 |
| 2017 | $5,561 | $277,100 | $117,900 | $159,200 |
| 2016 | $4,097 | $206,300 | $47,100 | $159,200 |
| 2015 | $4,017 | $206,300 | $47,100 | $159,200 |
| 2014 | $3,918 | $206,300 | $47,100 | $159,200 |
| 2013 | -- | $192,400 | $53,600 | $138,800 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Parent
Map
Source: Maine Listings
MLS Number: 1574990
APN: BIDD-000038-000000-000143
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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