NOT LISTED FOR SALE

433 Elm St Biddeford, ME 04005

Estimated Value: $452,000 - $568,000

4 Beds
2 Baths
2,100 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $345,000 $164 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,152/month

43 Days on Market

Highlights

  • Wood Flooring
  • Screened Porch
  • Forced Air Heating System
  • No HOA
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of September 2021

Solid 2 Unit Featuring Nice Wood Floors, Both Identical 2 Bedroom Layouts With Both Units Having Rear 3 Season Porches And The 1st Floor Also Having A Large Front Porch As Well, Both The New Roof And Exterior Clapboards Painted Were Completed In 2019, Spacious Unfinished Basement Great For Storage And A Detached 2 Car Garage. This Property Also Has The Potential For Several Business Uses Being In The B2 Zone And Right Next Door To Marden's And The Dollar Store.

Last Agent to Sell the Property

Tim Madden

Assist-2-Sell Home Team Advantage Listed on: 06/02/2021

Last Buyer's Agent

Joseph Penna

F.O. Bailey Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,246

Year Built

  • Built in 1948

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,100 Sq Ft Home
  • Multi-Level Property
  • Screened Porch

Flooring

  • Wood
  • Vinyl

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number BIDD-000021-000000-000005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Community Storage Space
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,246

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From 5 Points Continue On Rt. 1 South - Drive .2 Of A Mile - Property On The Left Just Before Marden's
  • Above Grade Finished Sq Ft: 2100.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1948
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2100.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: 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:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 30000.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Electric:Fuses: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Interior Amenities: Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Shopping
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses, 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-000021-000000-000005
  • Zoning: B2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30000.0

Tax Info

  • Tax Annual Amount: 3246.0
  • Tax Book Number: 11759
  • Tax Lot: 5
  • Tax Map Number: 21
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Sep 10, 2021
Sold by
Reid Douglas F and Reid Jennifer J
Bought by
Hasan Ahmed K
Seller's Agent
Tim Madden
Assist-2-Sell Home Team Advantage
Buyer's Agent
Joseph Penna
F.O. Bailey Real Estate
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%
Current Estimated Value
$498,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,918
Avg. Annual Appreciation
13.54%
Original Mortgage
$258,750
Outstanding Balance
$237,994
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$319,463
Source: Public Records

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
Hasan Ahmed K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hasan Ahmed K $258,750
Previous Owner Reid Douglas F $120,400
Previous Owner Reid Douglas F $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $345,000 -1.4% $164 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $349,900 -- $167 / 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 $4,366 $307,000 $142,800 $164,200
2023 $3,998 $304,700 $142,800 $161,900
2022 $3,625 $220,900 $77,600 $143,300
2021 $3,460 $189,800 $64,700 $125,100
2020 $3,246 $161,900 $55,000 $106,900
2019 $3,235 $161,900 $55,000 $106,900
2018 $3,189 $161,900 $55,000 $106,900
2017 $3 $157,700 $55,000 $102,700
2016 $56 $157,700 $55,000 $102,700
2015 $3,070 $157,700 $55,000 $102,700
2014 $2,995 $157,700 $55,000 $102,700
2013 -- $198,100 $75,400 $122,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1494482

Maine Listings

APN: BIDD-000021-000000-000005