NOT LISTED FOR SALE

Estimated Value: $419,000 - $607,000

3 Beds
3 Baths
2,401 Sq Ft
$206/Sq Ft Est. Value

Last Sold December 06, 2023

Last sale price $515,000 $214 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,140/month

8 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Double Pane Windows
  • Wood Flooring
  • No HOA
  • 3-minute walk to Mechanics Park

About This Home

As of December 2023

LOCATION LOCATION LOCATION!

Great investment opportunity in the heart of Biddeford. So many amenities just minutes away.

Both units boast modern upgrades. Including new quartz countertops, stainless farmer sinks, and stainless steel appliances. The main unit offers an oversized 3/4 bath with a skylight, while both units feature renovated bathrooms with new fixtures, vanities, toilets, and tile flooring. Laminate flooring and energy-efficient LED lighting.

Property features new roofing on garage areas, upgraded windows with cordless blind treatments. With a three-bay garage offering ample storage and 10' ceilings.

Last Agent to Sell the Property

Trey Woodbrey

Coldwell Banker Realty Listed on: 10/24/2023

Coldwell Banker Realty

Co-Listed By

Anthony Jones

Keller Williams Realty

Last Buyer's Agent

Robert Prevost

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1860

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced
  • Lot Has A Rolling Slope

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Vinyl Siding

Interior Spaces

  • 2,401 Sq Ft Home
  • Double Pane Windows

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Interior and Exterior Basement Entry
  • Dirt Floor

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 118
  • Assessor Parcel Number 34PiersonLaneBiddeford04005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,924
  • Gross Income $46,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,200

Year Built

Built in 1860

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2840
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2401.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Efficiency: LED Light Fixtures, Double Pane Windows
  • Year Built: 1860
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2401.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 46200.0
  • Income Expenses Operating Expenses: 10924.0
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Style:Duplex: Yes
  • Site:RollingSloping: Yes
  • Roof:RolledHot Mop: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Energy Efficiency:LED Light Fixtures: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Interior Entry, Exterior Only
  • Full Bathrooms: 3
  • Flooring: Wood, Tile, Laminate
  • Interior Amenities: 1st Floor Bedroom, Shower, Primary Bedroom w/Bath

Exterior Features

  • Fencing: Fenced
  • Lot Features: Rolling Slope, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Rolled/Hot Mop, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 34PiersonLaneBiddeford04005
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 46200.0
  • Annual Operating Expense: 10924.0

Tax Info

  • Tax Annual Amount: 3200.0
  • Tax Book Number: 18288
  • Tax Lot: 118
  • Tax Map Number: 39
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Dec 6, 2023
Sold by
Rich John P
Bought by
Morgan Millicent and Bailey Racquel
Seller's Agent
Trey Woodbrey
Coldwell Banker Realty
Buyer's Agent
Robert Prevost
RE/MAX Realty One
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%
Total Days on Market
8
Current Estimated Value
$494,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,015
Avg. Annual Appreciation
-2.56%
Original Mortgage
$505,672
Outstanding Balance
$499,723
Interest Rate
7.79%
Mortgage Type
FHA
Estimated Equity
-$4,738

Purchase Details

Closed on
Nov 20, 2019
Sold by
Usa Fmha
Bought by
Usa Rhs
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
Morgan Millicent $515,000 None Available
Usa Rhs -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Millicent $505,672
Previous Owner Kraus Ramona M $10,000
Previous Owner Kraus Ramona M $132,960
Previous Owner Kraus Ramona M $6,153
Previous Owner Kraus Ramona M $14,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $515,000 +3.2% $214 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $499,000 +300.8% $208 / Sq Ft
06/26/2020 06/26/20 Sold $124,500 +13.3% $71 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $109,900 -- $63 / 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 $4,499 $316,400 $126,900 $189,500
2023 $4,151 $316,400 $126,900 $189,500
2022 $3,213 $195,800 $60,800 $135,000
2021 $3,026 $166,000 $49,700 $116,300
2020 $2,787 $139,000 $38,700 $100,300
2019 $2,775 $138,900 $38,700 $100,200
2018 $2,736 $138,900 $38,700 $100,200
2017 $2,645 $131,800 $38,700 $93,100
2016 $2,618 $131,800 $38,700 $93,100
2015 $2,566 $131,800 $38,700 $93,100
2014 $2,503 $131,800 $38,700 $93,100
2013 -- $146,900 $38,800 $108,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1575733

Maine Listings

APN: BIDD-000039-000000-000118