NOT LISTED FOR SALE

37 Gove St Biddeford, ME 04005

Estimated Value: $634,000 - $898,000

5 Beds
3 Baths
3,432 Sq Ft
$213/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $580,000 $169 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,632/month

127 Days on Market

Highlights

  • Public Beach
  • Property is near public transit
  • No HOA
  • The property is located in a historic district
  • Corner Lot
  • Screened Porch

About This Home

As of March 2022

**Back On the Market at no fault to the seller. This 3 unit is the perfect opportunity if you are looking to owner occupy or for investment purposes. Just a short walk to all that Downtown Biddeford has to offer plus a roughly 5 minute drive to the University of New England. Also over 60+ acres of hiking trails, tennis courts and play grounds are a short walk away at Clifford Park.

Units are currently rented for under market value.

Last Listed By

Dan Letellier

Coldwell Banker Realty Listed on: 02/14/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,787

Year Built

  • Built in 1890

Lot Details

  • 6,970 Sq Ft Lot
  • Public Beach
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,432 Sq Ft Home
  • Multi-Level Property
  • Screened Porch

Flooring

  • Carpet
  • Laminate
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Shed

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number BIDD-000041-000000-000054

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $10,625
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,787

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2591
  • Co List Office Phone: 207-283-0108
  • MLS Status: Closed
  • Directions: Main Street Biddeford to Water Street, Right on Judge Street, left on Gove Street.
  • Above Grade Finished Sq Ft: 3432.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3432.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 32400.0
  • Income Expenses Operating Expenses: 10625.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Location:Historic District: Yes
  • Parking:Paved3: Yes
  • Water Heater:Tank: Yes
  • Location:Near Railroad: Yes
  • Roof:Flat: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Daylight, Full, Interior Entry, Walk-Out Access
  • Full Bathrooms: 3
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Historic District, Intown, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Stone
  • Other Structures: Shed(s)
  • Patio And Porch Features: Screened
  • Roof: Flat, Other

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: BIDD-000041-000000-000054
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 32400.0
  • Annual Operating Expense: 10625.0

Tax Info

  • Tax Annual Amount: 3787.0
  • Tax Book Number: 13820
  • Tax Lot: 54
  • Tax Map Number: 41
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 29, 2022
Sold by
Foley Brent J and Foley Karen A
Bought by
Cannon Brooks
Seller's Agent
Dan Letellier
Coldwell Banker Realty
Buyer's Agent
Kelly Hannigan
LAER
List Price
$549,000
Sold Price
$580,000
Premium/Discount to List
$31,000
5.65%
Total Days on Market
127
Current Estimated Value
$732,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,370
Avg. Annual Appreciation
6.76%
Original Mortgage
$569,494
Outstanding Balance
$541,125
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$170,577

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
Cannon Brooks $580,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannon Brooks $569,494
Previous Owner Foley Brent J $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $580,000 +5.6% $169 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
10/14/2021 10/14/21 For Sale $549,000 -- $160 / 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 $6,865 $482,800 $133,500 $349,300
2023 $6,241 $475,700 $131,200 $344,500
2022 $4,239 $258,300 $74,600 $183,700
2021 $4,087 $224,200 $63,100 $161,100
2020 $3,787 $188,900 $57,400 $131,500
2019 $3,774 $188,900 $57,400 $131,500
2018 $3,721 $188,900 $57,400 $131,500
2017 $3,512 $175,000 $57,400 $117,600
2016 $3,476 $175,000 $57,400 $117,600
2015 $3,407 $175,000 $57,400 $117,600
2014 $3,323 $175,000 $57,400 $117,600
2013 -- $215,800 $71,000 $144,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1512104

Maine Listings

APN: BIDD-000041-000000-000054