NOT LISTED FOR SALE

42 Summer St Biddeford, ME 04005

Downtown Biddeford Neighborhood

Estimated Value: $430,000 - $518,000

4 Beds
2 Baths
2,327 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $64,000 $28 Per Sq Ft

Est. 640% increase in value since last sale

Current estimated payment $2,972/month

63 Days on Market

Highlights

  • Attic
  • No HOA
  • Forced Air Heating System
  • Corner Lot
  • Detached Garage
  • 5-minute walk to Shevenell Park

About This Home

As of July 2015

Opportunity knocks with the solid investment property. 2 Unit with desirable Off street parking plus 2 car garage. Laundry hook ups, loads of natural light, and a convenient location close to everything. Don't miss this one.

Last Agent to Sell the Property

Eric Flynn

Excellence Realty Listed on: 07/27/2015

Last Buyer's Agent

Justin Robbins

Excellence Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,327 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Laundry on main level
  • Attic

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Detached Garage
  • Driveway

Location

  • City Lot

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • The community has rules related to deed restrictions

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 28
  • Assessor Parcel Number 42SummerSTBiddefor3928

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • MLS Status: Closed
  • Directions: Route 1 in Saco into Biddeford. Take Left onto Foss Street. After Pool street left onto Summer Street. Property sits on the corner on the right hand side.
  • Above Grade Finished Sq Ft: 2327.0
  • Architectural Style: Multi-Level
  • Building Stories: 2
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2327.0
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: 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
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Vehicle Storage:Detached: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Style:Multi-Level: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Amenities:Attic: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: Yes
  • Electric:No Electric: Yes
  • Exterior:Aluminum Siding: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Partial, Exterior Entry, Bulkhead
  • Full Bathrooms: 2
  • Flooring: Other, Carpet
  • Interior Amenities: Attic

Exterior Features

  • Lot Features: Corner Lot, Level, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: No Electric, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 42SummerSTBiddefor3928
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2503.0
  • Tax Book Number: 16985
  • Tax Lot: 28
  • Tax Map Number: 39
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2019
Sold by
Clarke Laurie A
Bought by
Ohmeis Sara
Current Estimated Value
$473,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,025
Outstanding Balance
$206,753
Interest Rate
3.82%
Mortgage Type
FHA
Estimated Equity
$263,295

Purchase Details

Closed on
Mar 25, 2016
Sold by
Laurie & David Llc
Bought by
Clarke Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.65%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 27, 2015
Closed on
Jul 27, 2015
Sold by
Us Bank Na Tr
Bought by
Mecap Llc
Seller's Agent
Eric Flynn
Excellence Realty
Buyer's Agent
Justin Robbins
Excellence Realty
List Price
$74,900
Sold Price
$64,000
Premium/Discount to List
-$10,900
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.97%
Original Mortgage
$70,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2015
Closed on
Jul 15, 2015
Sold by
Finaly Richard A
Bought by
Us Bank Na Tr
Seller's Agent
Eric Flynn
Excellence Realty
Buyer's Agent
Justin Robbins
Excellence Realty
List Price
$74,900
Sold Price
$64,000
Premium/Discount to List
-$10,900
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.01%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Ohmeis Sara -- --
Clarke Laurie A -- --
Mecap Llc -- --
Us Bank Na Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohmeis Sara $233,025
Previous Owner Clarke Laurie A $362,000
Previous Owner Clarke Laurie A $75,000
Previous Owner Laurie & David Llc $70,000
Previous Owner Finlay Mary Ann $231,000
Previous Owner Finlay Mary A $34,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold $64,000 -14.6% $28 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $74,900 -- $32 / 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 $4,255 $299,200 $122,800 $176,400
2023 $3,891 $296,600 $122,800 $173,800
2022 $3,141 $191,400 $59,400 $132,000
2021 $2,982 $163,600 $48,600 $115,000
2020 $2,723 $135,800 $37,800 $98,000
2019 $2,713 $135,800 $37,800 $98,000
2018 $2,601 $135,800 $37,800 $98,000
2017 $2,814 $131,800 $37,800 $94,000
2016 $2,618 $131,800 $37,800 $94,000
2015 $2,566 $131,800 $37,800 $94,000
2014 -- $131,800 $37,800 $94,000
2013 -- $169,700 $61,500 $108,200
Source: Public Records

Agents Affiliated with this Home

  • Eric Flynn

    Seller's Agent in 2015

    Eric Flynn

    Excellence Realty

    (207) 329-4466

    64 Total Sales

    Section Image

  • J

    Buyer's Agent in 2015

    Justin Robbins

    Excellence Realty

    (207) 450-2107

    40 Total Sales

    Section Image
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Map

Source: Maine Listings

MLS Number: 1212460

Maine Listings

APN: BIDD-000039-000000-000028

Maine York County Biddeford 04005 Downtown Biddeford

42 Summer St, Biddeford, ME

This home is located at 42 Summer St, Biddeford, ME 04005 since 27 July 2015 and is currently estimated at $469,297, approximately $201 per square foot. This property was built in 1880. 42 Summer 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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