$860,000
SOLD OCT 27, 2020

5 Cutts St Biddeford, ME 04005

Downtown Biddeford Neighborhood
-- Bed
10 Baths
6,713 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

4% Below List Price

6 Days on Market

Highlights

  • Additional Residence on Property
  • Wood Flooring
  • 1 Car Detached Garage
  • Colonial Architecture
  • No HOA
  • Forced Air Zoned Heating System

About This Home

As of September 2023

2 adjacent properties being sold together. (separate deeds)

2 buildings, 10 units total. Well maintained property. Fully rented and occupied. See attached information sheet for further information.

5-7 Cutts Street, built in 1850 - 4,748 sf
9 Cutts Street, built in 1900 - 1,965 sf

See google drive for 131 additional pictures taken 8/25 of the interior and basements.

https://drive.google.com/drive/folders/1ivpIF5PrnSReB9tv-ejv04kubzqNSCOk?usp=sharing

Last Agent to Sell the Property

Christy Arnett

Bean Group Listed on: 08/25/2020

Co-Listed By

Martin McInnis

Bean Group

Last Buyer's Agent

Jed Rathband

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,362

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking
  • Off-Site Parking

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 10 Full Bathrooms
  • 6,713 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Brick Basement
  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Additional Residence on Property
  • City Lot

Listing and Financial Details

  • Exclusions: tenant owned washer/dryer & one fridge
  • Tax Lot 59 & 59-1
  • Assessor Parcel Number BIDD-000038-000000-000059-000001

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Operating Expense $24,083
  • Gross Income $112,664

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,362

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2484
  • Co List Office Phone: 207-774-4224
  • MLS Status: Closed
  • Directions: GPS- Elm Street to 5-7-9 Cutts Street
  • Above Grade Finished Sq Ft: 6713.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 10.0
  • Property Information:SqFt Finished Above Grade: 6713.0
  • Property Information:Garage: 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:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 1.0
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Basement:Partial: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 10
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 112664.0
  • Income Expenses Operating Expenses: 24083.0
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Parking:Off Site: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement:Sump Pump: Yes
  • Basement Entry:Exterior Only: Yes
  • Electric:Fuses: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Crawl Space, Partial, Sump Pump, Exterior Only, Unfinished
  • Full Bathrooms: 10
  • Flooring: Wood, Vinyl
  • Stories: 3

Exterior Features

  • Lot Features: Level, Intown, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Exclusions: tenant owned washer/dryer & one fridge
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Block, Other, Concrete Perimeter, Brick/Mortar
  • Roof: Composition, Fiberglass, Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Off Site, On Site, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: 8712.0
  • Parcel #: BIDD-000038-000000-000059-000001
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 112664.0
  • Annual Operating Expense: 24083.0

Tax Info

  • Tax Annual Amount: 9362.0
  • Tax Book Number: 17262
  • Tax Lot: 59 & 59-1
  • Tax Map Number: 38
  • Tax Year: 2019

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 For Sale $1,250,000 +0.8% $186 / Sq Ft
09/01/2023 09/01/23 Sold $1,240,000 +44.2% $185 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
10/27/2020 10/27/20 Sold $860,000 -4.4% $128 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $899,900 -- $134 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jed Rathband

    Seller's Agent in 2023

    Jed Rathband

    Keller Williams Realty

    (207) 553-1319

    11 in this area

    129 Total Sales

    Jed Rathband
    Section Image
  • Jason Bisson

    Buyer's Agent in 2023

    Jason Bisson

    Cottage & Co Real Estate

    (207) 653-1188

    2 in this area

    172 Total Sales

    Jason Bisson
    Section Image

  • C

    Seller's Agent in 2020

    Christy Arnett

    Bean Group

  • M

    Seller Co-Listing Agent in 2020

    Martin McInnis

    Bean Group

    Section Image
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Map

Source: Maine Listings

MLS Number: 1465312

Maine Listings

APN: BIDD 38-58

Maine York County Biddeford 04005 Downtown Biddeford

5 Cutts St, Biddeford, ME

This home is located at 5 Cutts St, Biddeford, ME 04005 and is currently priced at $860,000, approximately $128 per square foot. This property was built in 1900. 5 Cutts 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.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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