NOT LISTED FOR SALE
-- Bed
4 Baths
3,165 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: March 15, 2023

Last sale price $675,000 $213 Per Sq Ft

4 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Bathtub
  • Deck
  • No HOA
  • Baseboard Heating

About This Home

As of March 2023

Don't miss the fantastic opportunity! Fully occupied 4 unit incoming producing multi-family, located within walking distance of the rejuvenated and vibrant downtown Biddeford. All of the units have newer flooring in kitchens and baths, and they each have their own in unit washers and dryers, dedicated off street parking, and updated decking to round out this not to be missed building to add to your portfolio!

Last Agent to Sell the Property

Derek Goff Joseph Tomazin

Bean Group Listed on: 02/08/2023

Last Buyer's Agent

Scott Metzger

Coldwell Banker Realty

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,599

Year Built

  • Built in 1800

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • 3,165 Sq Ft Home
  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Exterior Basement Entry
  • Sump Pump

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

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

Additional Features

  • Laundry on main level
  • Deck
  • City Lot

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number BIDD-000035-000000-000045

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $14,435
  • Gross Income $78,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,599

Year Built

Built in 1800

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Hill Street, Right on to Fall #5 on the left
  • Above Grade Finished Sq Ft: 3165.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1800
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 208.53
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3165.0
  • Property Information:Garage: No
  • 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:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 78000.0
  • Income Expenses Operating Expenses: 14435.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Sump Pump: Yes
  • Basement Entry:Exterior Only: Yes
  • Advertising Remarks:Advertising Remarks: Don't miss the fantastic opportunity! Fully occupied 4 unit incoming producing multi-family, located within walking distance of the rejuvenated and vibrant downtown of Biddeford. All of the units have newer flooring in kitchens and baths, and they each have their own in unit washer and dryers. Dedicated off street parking, newer heating and hot water systems, and updated decking system round out this not to be missed building to add to your portfolio! Contact list agent Joe Tomazin at joe@tg207.com or 207.749.9905 for more information or to set up a showing.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Sump Pump, Exterior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: 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-000035-000000-000045
  • Zoning: R2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 78000.0
  • Annual Operating Expense: 14435.0

Tax Info

  • Tax Annual Amount: 5599.0
  • Tax Lot: 45
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2023
Sold by
Bought by

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 15, 2023
Sold by
Bought by
Seller's Agent
Derek Goff Joseph Tomazin
Bean Group
Buyer's Agent
Scott Metzger
Coldwell Banker Realty
List Price
$660,000
Sold Price
$675,000
Premium/Discount to List
$15,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 5, 2021
Sold by
Bought by
Seller's Agent
Heidi Buda Michelle Berry
Bean Group
Buyer's Agent
Eric Meadows
Portside Real Estate Group
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.79%
Original Mortgage
$481,124
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 2016
Sold by
Bought by

Purchase Details

Closed on
May 4, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.86%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Biddeford, ME

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$675,000 None Available
-- None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,000
Previous Owner $506,250
Previous Owner $481,124
Closed $202,500
Closed $75,000
Closed $236,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Sold $675,000 +2.3% $213 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $660,000 +34.7% $209 / Sq Ft
05/06/2021 05/06/21 Sold $490,000 +3.2% $155 / Sq Ft View Prior Sale
03/08/2021 03/08/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $475,000 -- $150 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,415 $496,300 $194,200 $302,100
2024 $6,976 $490,600 $194,200 $296,400
2023 $6,437 $490,600 $194,200 $296,400
2022 $5,599 $341,200 $107,900 $233,300
2021 $4,672 $256,300 $89,900 $166,400
2020 $4,341 $216,500 $76,400 $140,100
2019 $4,326 $216,500 $76,400 $140,100
2018 $1,755 $216,500 $76,400 $140,100
2017 $1,774 $193,700 $76,400 $117,300
2016 $3,847 $193,700 $76,400 $117,300
2015 $3,771 $193,700 $76,400 $117,300
2014 $3,678 $193,700 $76,400 $117,300
2013 -- $253,200 $101,600 $151,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1552107

Maine Listings
Your Personal Tour Guide

Ask me questions while you tour the home.