$215,000
SOLD DEC 22, 2016

41 Franklin St Biddeford, ME 04005

Downtown Biddeford Neighborhood
-- Bed
2.5 Baths
2,574 Sq Ft
871 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

1% Below List Price

6 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Forced Air Zoned Heating System
  • Property is near public transit
  • No HOA
  • 1-minute walk to Shevenell Park

About This Home

As of April 2020

Excellent investment opportunity. Clean, modern, open concept design, three unit building in a downtown location. First floor is a commercial use unit with great store frontage, currently being used as gallery space. Two upstairs units are very nice residential apartments. Gorgeous hardwood floors throughout. Many updates. Very functional light filled rooms. A special gem in the heart of Biddeford.

Last Agent to Sell the Property

Scott Sanford

Scott Sanford Realty Listed on: 09/16/2016

Last Buyer's Agent

Paul Willis

Willis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1923

Lot Details

  • 871 Sq Ft Lot
  • Level Lot

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Pitched Roof
  • Shingle Roof
  • Block Exterior
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,574 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • No Driveway
  • Off-Street Parking
  • Off-Site Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Internet Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 1 / 391
  • Assessor Parcel Number BIDD-000038-000000-000391-000001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,021

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.02
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street Biddeford to Franklin Street to #41
  • Above Grade Finished Sq Ft: 2574.0
  • Architectural Style: Contemporary, Multi-Level
  • Building Stories: 3
  • Year Built: 1923
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.02
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2574.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Equipment:Internet Access Available: Yes
  • Parking:Off Site: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Bank Owned REO: No
  • Transportation:Public Transport Access: Yes
  • Construction:Masonry: Yes
  • Exterior:Block2: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Tile, Other
  • Interior Amenities: Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Town, Near Public Transit
  • Waterfront: No
  • Construction Type: Concrete, Block, Masonry
  • Foundation Details: Concrete Perimeter
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, Off Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air
  • 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: 871.2
  • Parcel #: BIDD-000038-000000-000391-000001
  • Zoning: MSRD1

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2021.0
  • Tax Block: 391
  • Tax Book Number: 16828
  • Tax Lot: 1
  • Tax Map Number: 38
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Apr 13, 2020
Sold by
Rathbun James J
Bought by
Scott Steven J
Seller's Agent
Duncan MacDougall
RE/MAX Shoreline
Buyer's Agent
Steven Scott
Portside Real Estate Group
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$407,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,045
Avg. Annual Appreciation
7.42%
Original Mortgage
$209,859
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 16, 2016
Closed on
Dec 27, 2016
Sold by
Lamb John R
Bought by
Rathbun James J
Seller's Agent
Scott Sanford
Scott Sanford Realty
Buyer's Agent
Paul Willis
Willis Real Estate
List Price
$217,000
Sold Price
$215,000
Premium/Discount to List
-$2,000
-0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$211,105
Interest Rate
3.57%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Warranty Deed -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $207,214 FHA
Closed $209,859 FHA
Previous Owner $211,105 FHA
Previous Owner $180,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $275,000 0.0% $107 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $275,000 +27.9% $107 / Sq Ft
12/22/2016 12/22/16 Sold $215,000 -0.9% $84 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $217,000 +11.0% $84 / Sq Ft
05/30/2014 05/30/14 Sold $195,500 -6.9% $76 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $210,000 -- $82 / 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 $3,935 $276,700 $95,600 $181,100
2023 $3,630 $276,700 $95,600 $181,100
2022 $3,914 $238,500 $73,500 $165,000
2021 $3,870 $212,300 $73,500 $138,800
2020 $3,884 $193,700 $73,500 $120,200
2019 $3,870 $193,700 $73,500 $120,200
2018 $3,816 $193,700 $73,500 $120,200
2017 $3,861 $192,400 $73,500 $118,900
2016 $2,061 $103,800 $29,400 $74,400
2015 $2,021 $103,800 $29,400 $74,400
2014 $1,971 $103,800 $29,400 $74,400
2013 -- $114,300 $33,500 $80,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Duncan MacDougall

    RE/MAX

    (207) 232-4991

    1 in this area

    17 Total Sales

    Section Image

  • S

    Buyer's Agent in 2020

    Steven Scott

    Portside Real Estate Group

  • S

    Seller's Agent in 2016

    Scott Sanford

    Scott Sanford Realty

    (207) 653-6104

    1 in this area

    68 Total Sales

    Section Image

  • P

    Buyer's Agent in 2016

    Paul Willis

    Willis Real Estate

    Section Image

  • J

    Seller's Agent in 2014

    Justin Douglass

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1281993

Maine Listings

APN: BIDD-000038-000000-000391-000001

Maine York County Biddeford 04005 Downtown Biddeford

41 Franklin St, Biddeford, ME

This home is located at 41 Franklin St, Biddeford, ME 04005 and is currently priced at $215,000, approximately $83 per square foot. This property was built in 1923. 41 Franklin St is a home located in York County with nearby schools including John F Kennedy Memorial School, Biddeford Primary School, and Biddeford Intermediate School.

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.

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