NOT LISTED FOR SALE

50 Mason St Biddeford, ME 04005

Estimated Value: $542,000 - $617,000

6 Beds
3.5 Baths
2,766 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $237,000 $86 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,730/month

93 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Forced Air Heating System
  • Wood Flooring
  • No HOA
  • Hot Water Heating System

About This Home

As of August 2017

Income generating 3 unit with double lot. Great for investors or owner occupy. Property features a large multi level 3 bedroom unit with 1.5 baths and a recently updated kitchen and floors, large decks, 6+ car paved parking lot, over-sized walk out basement with lots of extra storage and long term tenants. Set up your showing today!

Last Listed By

Robert Metayer

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 03/09/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,757

Year Built

  • Built in 1899

Lot Details

  • 7,405 Sq Ft Lot
  • Street terminates at a dead end
  • Corner Lot
  • Lot Has A Rolling Slope

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,766 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Basement

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

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

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

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number BIDD-000037-000000-000097

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,757

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Elm Street (Route 1) to Mason Street.
  • Above Grade Finished Sq Ft: 2766.0
  • Architectural Style: Colonial, New Englander
  • Building Stories: 2
  • Year Built: 1899
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2766.0
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Roads:Dead End: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Rolling Slope, Intown, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • 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: 7405.2
  • Parcel #: BIDD-000037-000000-000097
  • Zoning: R1A

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2757.0
  • Tax Book Number: 15143
  • Tax Lot: 97
  • Tax Map Number: 37
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2021
Sold by
Hasan Ahmed K
Bought by
Fagone Alexandra E
Total Days on Market
93
Current Estimated Value
$585,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,573
Outstanding Balance
$370,586
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$219,081

Purchase Details

Listed on
Mar 9, 2017
Closed on
Aug 3, 2017
Sold by
Metayer Donald
Bought by
Hasan Ahmed K
Seller's Agent
Robert Metayer
Coldwell Banker Realty
Buyer's Agent
Ashraf Eldeknawey
Century 21 North East
List Price
$239,900
Sold Price
$237,000
Premium/Discount to List
-$2,900
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%
Original Mortgage
$232,707
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 2007
Sold by
Biddeford City Of
Bought by
Desrosiers Kenneth W

Purchase Details

Closed on
Apr 30, 2007
Sold by
Desrosiers Kenneth W
Bought by
Metayer Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,800
Interest Rate
6.18%
Mortgage Type
Unknown

Range of Values:

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Average Value
Not Available
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
Fagone Alexandra E -- None Available
Hasan Ahmed K -- --
Desrosiers Kenneth W -- --
Metayer Donald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fagone Alexandra E $402,573
Previous Owner Hasan Ahmed K $232,707
Previous Owner Metayer Donald $123,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 Sold $237,000 -1.2% $86 / Sq Ft
06/11/2017 06/11/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $239,900 -- $87 / 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 $5,792 $407,300 $123,200 $284,100
2023 $5,291 $403,300 $123,200 $280,100
2022 $4,521 $275,500 $69,400 $206,100
2021 $4,337 $237,900 $57,800 $180,100
2020 $3,425 $195,300 $49,200 $146,100
2019 $3,902 $195,300 $49,200 $146,100
2018 $5,883 $195,300 $49,200 $146,100
2017 $6,363 $141,600 $49,200 $92,400
2016 $2,812 $141,600 $49,200 $92,400
2015 $2,757 $141,600 $49,200 $92,400
2014 $2,689 $141,600 $49,200 $92,400
2013 -- $193,400 $64,200 $129,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1296523

Maine Listings

APN: BIDD-000037-000000-000097