NOT LISTED FOR SALE

43 Mason St Biddeford, ME 04005

Estimated Value: $582,000 - $727,000

5 Beds
4.5 Baths
4,044 Sq Ft
$156/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $610,000 $151 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,147/month

48 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • New Englander Architecture
  • Public Beach
  • Wood Flooring
  • Main Floor Bedroom

About This Home

As of December 2022

Welcome to 43 Mason Street! This stunning 2-unit with an in-law apartment sits on 0.3 acres on a quiet residential street. With one unit completely renovated and the in-law freshly painted, this is a perfect investment property or owner-occupied opportunity. Recent updates to unit 1 include new bathrooms (including a soaking tub) upstairs and downstairs, new flooring throughout the downstairs, additional bonus rooms, new countertops, and more. The in-law unit benefits from fresh paint and unit 2 has new back deck quietly situated behind the house. New professional landscaping benefits the entire property. At over 4,000sqft, this is really like getting two complete homes in this highly desirable area.


Less that 5 minutes from the amenities of downtown, a quarter mile to Hannaford, and just 15 minutes to the beaches and Biddeford Pool, this location is the perfect mix of private and convenient. The large in-town lot features a huge front yard, mature trees, and is the perfect area for entertaining, letting the dog run, or relaxing in the shade with a good book. Ample off-street parking offers space for up to 7 cars if desired, making life easy for you, your tenants, or your guests. A storage shed and 2-bay garage provide extra storage if needed. Whether you are an investor or a residential home buyer, come see this one-of-a-kind gem and all the possibilities it has to offer.

This property was formerly a 3-unit, but is now a legal 2-unit.

Last Listed By

Colin McKeith

William Raveis Real Estate Listed on: 10/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,364

Year Built

  • Built in 1917

Lot Details

  • 0.3 Acre Lot
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 4,044 Sq Ft Home
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathtub

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number BIDD-000034-000000-000035

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $12,340
  • Gross Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,364

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4044.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Year Built: 1917
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4044.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 44400.0
  • Income Expenses Operating Expenses: 12340.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Utility Info Electric On Site: Yes
  • Amenities:In-Law Apartment: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Other Structures:Out Building: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, In-Law Floorplan

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Stone, Granite
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Other, Paved, Common, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: On Site, 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: 13068.0
  • Parcel #: BIDD-000034-000000-000035
  • Zoning: R1B

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 44400.0
  • Annual Operating Expense: 12340.0

Tax Info

  • Tax Annual Amount: 4364.0
  • Tax Book Number: 18316
  • Tax Lot: 35
  • Tax Map Number: 34
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Dec 16, 2022
Sold by
Plourde Stephanie A
Bought by
Alfredo Felisberto and Sekesseke Feliciana
Seller's Agent
Colin McKeith
William Raveis Real Estate
Buyer's Agent
Janice Pompe John Lesser
Bean Group
List Price
$520,000
Sold Price
$610,000
Premium/Discount to List
$90,000
17.31%
Total Days on Market
48
Current Estimated Value
$630,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,306
Avg. Annual Appreciation
2.18%
Original Mortgage
$598,951
Outstanding Balance
$585,082
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$57,015

Purchase Details

Listed on
May 14, 2020
Closed on
Jul 22, 2020
Sold by
Boothby Daniel T
Bought by
Plourde Stephanie A
Seller's Agent
Julie Chandler
PO-GO REALTY
Buyer's Agent
Colin McKeith
Oberg Insurance & Real Estate Agency, Inc.
List Price
$359,000
Sold Price
$363,000
Premium/Discount to List
$4,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.14%
Original Mortgage
$356,425
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 29, 2017
Closed on
Dec 4, 2017
Sold by
Trottier Pauline A
Bought by
Boothby Daniel T
Seller's Agent
Leo Bourgeault
Coldwell Banker Realty
Buyer's Agent
Howard Castonguay
Coldwell Banker Realty
List Price
$269,900
Sold Price
$210,500
Premium/Discount to List
-$59,400
-22.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.93%
Original Mortgage
$241,018
Interest Rate
4.5%
Mortgage Type
FHA

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
Alfredo Felisberto $610,000 None Available
Plourde Stephanie A -- None Available
Boothby Daniel T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfredo Felisberto $598,951
Previous Owner Plourde Stephanie A $356,425
Previous Owner Boothby Daniel T $241,018
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $610,000 +17.3% $151 / Sq Ft
10/20/2022 10/20/22 For Sale $520,000 +43.3% $129 / Sq Ft
07/22/2020 07/22/20 Sold $363,000 +1.1% $90 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $359,000 +70.5% $89 / Sq Ft
11/30/2017 11/30/17 Sold $210,500 -22.0% $52 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $269,900 -- $67 / 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 $7,616 $535,600 $142,800 $392,800
2023 $6,950 $529,700 $142,800 $386,900
2022 $4,573 $278,700 $77,600 $201,100
2021 $4,364 $239,400 $64,700 $174,700
2020 $4,076 $203,300 $55,000 $148,300
2019 $4,062 $203,300 $55,000 $148,300
2018 $4,005 $203,300 $55,000 $148,300
2017 $3,958 $197,200 $55,000 $142,200
2016 $3,871 $194,900 $55,000 $139,900
2015 $3,600 $194,900 $55,000 $139,900
2014 $3,511 $194,900 $55,000 $139,900
2013 -- $240,700 $67,900 $172,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1546381

Maine Listings

APN: BIDD-000034-000000-000035