A
Seller's Agent in 2024
Ashley Lutko Donna Galluzzo
Signature Homes Real Estate Group, LLC
(207) 885-0500
6 in this area
256 Total Sales
478 Main St Biddeford, ME 04005
Estimated Value: $750,000 - $823,243
5
Beds
3
Baths
4,101
Sq Ft
$189/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- Deck
- No HOA
- River Nearby
- Wood Flooring
- Hot Water Heating System
About This Home
As of June 2024Introducing a prime multifamily opportunity in Biddeford, Maine! This property offers three updated 5 bedroom units with near identical floorplans. Recent renovations also include updated 400 amp electric service, newer roof, and coin-operated laundry facilities. The property features a green space back yard with Saco River access for kayaking and fishing. Don't miss out on this exceptional multifamily offering. Schedule your showing today!
Last Agent to Sell the Property
Signature Homes Real Estate Group, LLC Listed on: 05/02/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,347
Year Built
- Built in 1900
Lot Details
- 0.57 Acre Lot
- 100 Feet of Waterfront
- Level Lot
Home Design
- Brick Foundation
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Asbestos Siding
- Asbestos
- Concrete Perimeter Foundation
Interior Spaces
- 3 Full Bathrooms
- 4,101 Sq Ft Home
- 3-Story Property
- Water Views
Flooring
- Wood
- Carpet
- Laminate
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
Outdoor Features
- River Nearby
- Deck
Utilities
- No Cooling
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number BIDD-000037-000000-000007
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Coin Laundry
Building Details
- Operating Expense $18,194
- Gross Income $87,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2024
Closed on
Jun 7, 2024
Sold by
207 Brown Llc
Bought by
Barber Grant P and Strasner Sara K
Seller's Agent
Ashley Lutko Donna Galluzzo
Signature Homes Real Estate Group, LLC
Buyer's Agent
Michaela Crawford
Keller Williams Realty
List Price
$745,000
Sold Price
$775,000
Premium/Discount to List
$30,000
4.03%
Views
10
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
-$1,439
Avg. Annual Appreciation
-0.14%
Original Mortgage
$715,000
Outstanding Balance
$706,135
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,426
Purchase Details
Closed on
Jun 14, 2019
Sold by
Doyle David E
Bought by
Northern Peach Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,380
Interest Rate
4.1%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Barber Grant P | $775,000 | None Available | |
| Barber Grant P | $775,000 | None Available | |
| Northern Peach Llc | -- | -- | |
| Northern Peach Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barber Grant P | $715,000 | |
| Closed | Barber Grant P | $715,000 | |
| Previous Owner | Northern Peach Llc | $243,380 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $775,000 | +4.0% | $189 / Sq Ft |
| 05/06/2024 05/06/24 | Pending | -- | -- | -- |
| 05/02/2024 05/02/24 | For Sale | $745,000 | -- | $182 / 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 | $6,991 | $491,600 | $170,600 | $321,000 |
| 2023 | $6,347 | $483,800 | $167,300 | $316,500 |
| 2022 | $5,356 | $326,400 | $94,400 | $232,000 |
| 2021 | $5,143 | $282,100 | $79,700 | $202,400 |
| 2020 | $4,734 | $236,100 | $72,500 | $163,600 |
| 2019 | $4,484 | $224,400 | $72,500 | $151,900 |
| 2018 | $4,421 | $224,400 | $72,500 | $151,900 |
| 2017 | $4,163 | $207,400 | $72,500 | $134,900 |
| 2016 | $4,119 | $207,400 | $72,500 | $134,900 |
| 2015 | $3,843 | $207,400 | $72,500 | $134,900 |
| 2014 | $3,749 | $207,400 | $72,500 | $134,900 |
| 2013 | -- | $246,600 | $80,200 | $166,400 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Lutko Donna Galluzzo
-
Timothy Mitchell
T
Seller Co-Listing Agent in 2024
Timothy Mitchell
EXP Realty
(888) 439-8743
1 in this area
21 Total Sales
-
Michaela Crawford
M
Buyer's Agent in 2024
Michaela Crawford
Keller Williams Realty
(207) 879-9800
3 in this area
30 Total Sales
Map
Source: Maine Listings
MLS Number: 1588115
APN: BIDD-000037-000000-000007
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