NOT LISTED FOR SALE

5 Indian Ridge Dr Biddeford, ME 04005

Estimated Value: $603,000 - $716,000

3 Beds
3.5 Baths
3,010 Sq Ft
$221/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $283,000 $94 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $4,034/month

Highlights

  • 1.01 Acre Lot
  • Wood Flooring
  • 2 Car Attached Garage
  • Garrison Architecture
  • No HOA
  • Cooling Available

About This Home

As of January 2019

This spacious, light and airy home sits on a one-acre lot in the Cathedral Oaks subdivision in Biddeford. This home, built in 1988, features three bedrooms and three-and-one-half baths. The first floor has an open kitchen and dining room, front-to-back living room with a heat pump for A/C, a half bathroom, and a large deck. The second floor has three bedrooms and a full bathroom. The fully finished walkout basement also has a deck and plenty of room for a home office, game room, playroom or workout space. It also features a full bathroom. The finished space over the garage, with private entry, has been used for rental income of about $800 per month. The one-acre private lot has lots of room for gardening space and includes a 20' x 16' shed for extra storage. Cathedral Oaks has easy access to the Eastern Trail for hiking or biking and is a walkable neighborhood.

Last Agent to Sell the Property

Mindy Sanderson

Bean Group Listed on: 12/06/2018

Last Buyer's Agent

Adam Parent Alexcia Smith

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,477

Year Built

  • Built in 1988

Lot Details

  • 1.01 Acre Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Garrison Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Hot Water Heating System
  • Natural Gas Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number BIDD-000085-000000-000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,477

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.01
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2434.0
  • Architectural Style: Garrison
  • Garage Yn: Yes
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 122.84
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.01
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2434.0
  • Property Information:SqFt Finished Below Grade: 576.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Garrison: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: This spacious, light and airy home sits on a one acre lot in the Cathedral Oaks subdivision in Biddeford. This home, built in 1988, features 3 bedrooms, 3.5 baths. The first floor has an open kitchen and dining room, front to back living room with a heat pump for a/c and half bath and large deck. Second floor has 3 bedrooms and a full bath. The fully finished walkout basement also has a deck and plenty of room for a home office, game room, playroom or workout space. It also features a full bath. The finished space over the garage, with private entry, has been used for rental income of about $800 per month. The one acre private lot has lots of room for gardening space and includes a 20 x 16 shed for extra storage. Cathedral Oaks has easy access for the Eastern Trail for hiking or biking and is a walkable neighborhood.
  • Special Features: None

Interior Features

  • Has Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 576.0
  • Fireplace: No
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Subdivided
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43995.6
  • Parcel #: BIDD-000085-000000-000004
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 5477.0
  • Tax Lot: 4
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
Dec 31, 2018
Sold by
Libby Jonathan M and Libby Sally J
Bought by
Prentice Frances J
Seller's Agent
Mindy Sanderson
Bean Group
Buyer's Agent
Adam Parent Alexcia Smith
Coldwell Banker Realty
List Price
$299,000
Sold Price
$283,000
Premium/Discount to List
-$16,000
-5.35%
Current Estimated Value
$663,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,741
Avg. Annual Appreciation
13.09%
Original Mortgage
$193,000
Outstanding Balance
$170,368
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$493,373
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Prentice Frances J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prentice Frances J $193,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2019 01/04/19 Sold $283,000 -5.4% $94 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $299,000 -- $99 / 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 $6,639 $466,900 $124,200 $342,700
2023 $6,103 $465,200 $122,500 $342,700
2022 $6,008 $366,100 $88,000 $278,100
2021 $5,639 $309,300 $75,800 $233,500
2020 $5,129 $280,300 $66,600 $213,700
2019 $5,600 $280,300 $66,600 $213,700
2018 $5,522 $280,300 $66,600 $213,700
2017 $5,477 $272,900 $66,600 $206,300
2016 $5,420 $272,900 $66,600 $206,300
2015 $5,119 $272,900 $66,600 $206,300
2014 $4,992 $272,900 $66,600 $206,300
2013 -- $283,500 $73,700 $209,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1400278

Maine Listings

APN: BIDD-000085-000000-000004