$280,000
SOLD OCT 29, 2018

399 Main St Biddeford, ME 04005

-- Bed
3 Baths
2,944 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$95 Per Sq Ft

2% Above List Price

6 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Carpet
  • Forced Air Zoned Heating System

About This Home

As of April 2022

Amazing opportunity to own this 3 bedroom, 3 unit on rejuvenated Main Street! Spacious and sunny with back decks and side porches. Additional large, separate storage space behind building Recent renovations include some flooring, back decks, and newer oil tank. Lead safe certification in 2017. Newer sewer pipe to street in 2013. Great, long term tenants - simply take over this well-running investment property! 24 hour notice needed. Preferred days are Monday, Wednesday, Thursday, Sunday after 3:30pm.

Last Agent to Sell the Property

Jason Saphire

www.HomeZu.com

Last Buyer's Agent

Daniel McDonnell

Cote & Howe Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,354

Year Built

  • Built in 1900

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,944 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Sump Pump

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Site Parking

Utilities

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

Additional Features

  • 4,792 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Exclusions: 3 sets of washers & dryers
  • Tax Lot 37
  • Assessor Parcel Number BIDD-000037-000000-000045

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $13,125
  • Gross Income $37,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,354

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 1 to Elm Street to Main Street
  • Above Grade Finished Sq Ft: 2944.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2944.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: 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
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 37150.0
  • Income Expenses Operating Expenses: 13125.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Parking:Off Site: Yes
  • Basement:Sump Pump: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Laminate, Carpet
  • Stories: 3

Exterior Features

  • Lot Features: Sidewalks, Intown
  • Waterfront: No
  • Exclusions: 3 sets of washers & dryers
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: BIDD-000037-000000-000045
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 37150.0
  • Annual Operating Expense: 13125.0

Tax Info

  • Tax Annual Amount: 3354.0
  • Tax Book Number: 15827
  • Tax Lot: 37
  • Tax Map Number: 45
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Oct 30, 2018
Sold by
Apex Properties Llc
Bought by
Galluzzo Peter
Seller's Agent
Jason Saphire
www.HomeZu.com
Buyer's Agent
Daniel McDonnell
Cote & Howe Realty
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Total Days on Market
6
Current Estimated Value
$563,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,117
Avg. Annual Appreciation
11.26%
Original Mortgage
$274,928
Outstanding Balance
$240,822
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$322,295

Purchase Details

Closed on
Apr 13, 2010
Sold by
Wachovia Bank Na
Bought by
Arch Bay Holdings Llc

Map

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 Type Sale Price Title Company
Interfamily Deed Transfer -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,928 FHA
Closed $75,000 Unknown
Previous Owner $217,500 Adjustable Rate Mortgage/ARM
Previous Owner $173,180 Adjustable Rate Mortgage/ARM
Previous Owner $160,300 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold $450,000 +13.9% $153 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $395,000 +41.1% $134 / Sq Ft
10/29/2018 10/29/18 Sold $280,000 +1.8% $95 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $275,000 -- $93 / Sq Ft
Source: Maine Listings

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 $5,671 $398,800 $132,600 $266,200
2023 $5,182 $395,000 $132,600 $262,400
2022 $4,234 $258,000 $65,600 $192,400
2021 $4,058 $222,600 $54,700 $167,900
2020 $3,653 $182,200 $46,500 $135,700
2019 $3,640 $182,200 $46,500 $135,700
2018 $3,911 $182,200 $46,500 $135,700
2017 $4,230 $167,100 $46,500 $120,600
2016 $3,319 $167,100 $46,500 $120,600
2015 $3,253 $167,100 $46,500 $120,600
2014 $3,173 $167,100 $46,500 $120,600
2013 -- $206,100 $55,000 $151,100
Source: Public Records

Source: Maine Listings

MLS Number: 1368125

Maine Listings

APN: BIDD-000037-000000-000045