NOT LISTED FOR SALE

5 Winter Garden Biddeford, ME 04005

Estimated Value: $394,431 - $446,000

4 Beds
2 Baths
1,548 Sq Ft
$272/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $350,000 $226 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,573/month

4 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot
  • No HOA

About This Home

As of August 2022

Fantastic investment property. Nice two unit in good neighborhood. Hardwood and tile, updated heating and electrical. Siding and roof in good condition. Interior painting needed and new carpet would be nice. Nice yard & driveway.

Last Agent to Sell the Property

Brian Linscott

Linscott Real Estate Listed on: 07/13/2022

Last Buyer's Agent

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,705

Year Built

  • Built in 1880

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,548 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Basement

  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number BIDD-000035-000000-000053

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,442
  • Gross Income $25,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,705

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street/Rt 1, Saco to West Street, right on Hill Street, left on Winter Garden, to #5 on the left.
  • Above Grade Finished Sq Ft: 1548.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 213.11
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1548.0
  • 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:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 25500.0
  • Income Expenses Operating Expenses: 8442.0
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Parking:Paved3: Yes
  • Basement:Sump Pump: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Fantastic investment property. Nice two unit in good neighborhood. Hardwood and tile, updated heating and electrical. Siding and roof in good condition. Interior painting needed and new carpet would be nice. Nice yard & driveway.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Crawl Space, Sump Pump, Exterior Entry
  • Full Bathrooms: 2
  • Flooring: Wood, Tile, Carpet
  • Stories: 2

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • 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: 2613.6
  • Parcel #: BIDD-000035-000000-000053
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25500.0
  • Annual Operating Expense: 8442.0

Tax Info

  • Tax Annual Amount: 2705.0
  • Tax Lot: 53
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 31, 2020
Sold by
5 Winter Garden Llc
Bought by
Buckeye Property Mgmt Llc
Seller's Agent
Robert Rankin
RE/MAX Shoreline
Buyer's Agent
Brian Linscott
Coldwell Banker Residential Brokerage
List Price
$227,000
Sold Price
$240,000
Premium/Discount to List
$13,000
5.73%
Current Estimated Value
$421,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,608
Avg. Annual Appreciation
10.47%
Original Mortgage
$192,000
Outstanding Balance
$170,089
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$251,519
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Buckeye Property Mgmt Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buckeye Property Mgmt Llc $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2022 08/01/22 Sold $350,000 +6.1% $226 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $329,900 +37.5% $213 / Sq Ft
03/31/2020 03/31/20 Sold $240,000 +5.7% $155 / Sq Ft View Prior Sale
02/11/2020 02/11/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $227,000 -- $147 / 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 $4,240 $298,200 $121,900 $176,300
2023 $3,848 $293,300 $119,700 $173,600
2022 $2,836 $172,800 $66,500 $106,300
2021 $2,705 $148,400 $56,300 $92,100
2020 $2,588 $129,100 $51,200 $77,900
2019 $2,579 $129,100 $51,200 $77,900
2018 $2,613 $129,100 $51,200 $77,900
2017 $2,827 $125,800 $51,200 $74,600
2016 $2,498 $125,800 $51,200 $74,600
2015 $2,449 $125,800 $51,200 $74,600
2014 $2,389 $125,800 $51,200 $74,600
2013 -- $154,300 $66,600 $87,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1536263

Maine Listings

APN: BIDD-000035-000000-000053