Seller's Agent in 2024
Bob Letellier
Coldwell Banker Realty
(207) 590-5178
26 in this area
81 Total Sales
470 Elm St Biddeford, ME 04005
Estimated Value: $564,232
--
Bed
3
Baths
3,150
Sq Ft
$179/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Baseboard Heating
- Corner Lot
- Porch
- 2 Car Garage
About This Home
As of July 2024470 Elm St & 2 Janelle St...This unique investment property, located in the Business Zone, offers 3 Units with versatile living and business opportunities with two buildings on the lot. Its prime location provides easy access to major commuting routes, including the turnpike to Portland or Boston. Unit 1 (First Floor): Features: Spacious living area with a cozy fireplace. Additional Space: Enclosed porch perfect for relaxation or extra storage. Special Access: Direct access to the basement, offering additional storage or potential living space. Unit 2 (Second Floor): Features: Comfortable living space with an enclosed porch, ideal for enjoying the outdoors in privacy. Unit 3 (2 Janelle): Living Unit: Located above an oversized garage, providing a unique living or rental opportunity. Beaiutifully remodeled throughout. The space is zoned commercially, which means it can be used for business purposes or possibly converted into a fourth residential unit.
Garage: NO SHOWINGS TIL OPEN HOUSES SATURDAY AND SUNDAY 10am-Noon. All Offers due by Noon Tuesday and reviewed Tuesday evening with 24 hour response.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 05/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,867
Year Built
- Built in 1929
Lot Details
- 9,583 Sq Ft Lot
- Corner Lot
- Level Lot
Parking
- 2 Car Garage
- Heated Garage
- Driveway
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 3,150 Sq Ft Home
- Multi-Level Property
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Porch
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Kerosene
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Tax Lot 33
- Assessor Parcel Number BIDD-000018-000000-000033
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $11,909
- Gross Income $48,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2024
Closed on
Jul 1, 2024
Sold by
Guay Jason S and Guay Twila
Bought by
Beaulieu Benjamin D
Seller's Agent
Bob Letellier
Coldwell Banker Realty
Buyer's Agent
Malachi Winslow
Keller Williams Realty
List Price
$575,000
Sold Price
$620,000
Premium/Discount to List
$45,000
7.83%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,768
Original Mortgage
$608,770
Outstanding Balance
$603,823
Interest Rate
6.62%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 31, 2015
Closed on
Oct 28, 2016
Sold by
Grenier Claude R
Bought by
Guay Jason S and Guay Twila
Seller's Agent
CJ Dubois-Cote
Keller Williams Realty
Buyer's Agent
Robert Letellier
RE/MAX Realty One
List Price
$235,900
Sold Price
$235,500
Premium/Discount to List
-$400
-0.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%
Original Mortgage
$231,234
Interest Rate
3.5%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beaulieu Benjamin D | $620,000 | None Available | |
| Beaulieu Benjamin D | $620,000 | None Available | |
| Guay Jason S | -- | -- | |
| Guay Jason S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Beaulieu Benjamin D | $608,770 | |
| Closed | Beaulieu Benjamin D | $608,770 | |
| Previous Owner | Guay Jason S | $220,000 | |
| Previous Owner | Guay Jason S | $231,234 | |
| Previous Owner | Grenier Claude R | $196,000 | |
| Previous Owner | Grenier Claude R | $195,500 | |
| Previous Owner | Grenier Claude R | $90,000 | |
| Previous Owner | Grenier Claude | $80,000 | |
| Previous Owner | Grenier Claude R | $127,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2024 07/01/24 | Sold | $620,000 | +7.8% | $197 / Sq Ft |
| 05/28/2024 05/28/24 | Pending | -- | -- | -- |
| 05/23/2024 05/23/24 | For Sale | $575,000 | +144.2% | $183 / Sq Ft |
| 10/26/2016 10/26/16 | Sold | $235,500 | -0.2% | $107 / Sq Ft |
| 06/07/2016 06/07/16 | Pending | -- | -- | -- |
| 10/31/2015 10/31/15 | For Sale | $235,900 | -- | $107 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,245 | $298,500 | $93,100 | $205,400 |
| 2023 | $3,868 | $294,800 | $91,400 | $203,400 |
| 2022 | $4,509 | $274,800 | $83,900 | $190,900 |
| 2021 | $4,601 | $252,400 | $83,900 | $168,500 |
| 2020 | $4,686 | $233,700 | $83,900 | $149,800 |
| 2019 | $5,183 | $233,700 | $83,900 | $149,800 |
| 2018 | $23,885 | $233,700 | $83,900 | $149,800 |
| 2017 | $4,912 | $230,600 | $83,900 | $146,700 |
| 2016 | $4,580 | $230,600 | $83,900 | $146,700 |
| 2015 | $4,490 | $230,600 | $83,900 | $146,700 |
| 2014 | $6,318 | $332,700 | $129,200 | $203,500 |
| 2013 | -- | $350,200 | $146,900 | $203,300 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Letellier
-
Malachi Winslow
M
Buyer's Agent in 2024
Malachi Winslow
Keller Williams Realty
(207) 740-8577
2 in this area
118 Total Sales
-
CJ Dubois-Cote
Seller's Agent in 2016
CJ Dubois-Cote
Keller Williams Realty
(207) 879-9800
26 in this area
128 Total Sales
-
R
Buyer's Agent in 2016
Robert Letellier
RE/MAX
Map
Source: Maine Listings
MLS Number: 1590597
APN: BIDD-000018-000000-000033
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