G
Seller's Agent in 2023
Gesine Weller-Jett
4 Maine Realty
(800) 741-1540
1 in this area
101 Total Sales
50 Pike St Biddeford, ME 04005
Downtown Biddeford NeighborhoodEstimated Value: $616,000 - $687,582
9
Beds
3
Baths
2,808
Sq Ft
$229/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Porch
- Bathtub
- No HOA
- Double Pane Windows
- 5-minute walk to Clifford Park
About This Home
As of November 2023Rare investment opportunity for this large 3 Unit, with two 3BR and one 2BR unit. Would make the perfect owner occupied property. All units have a tenant owned washer & dryer. All tenants are to month and current. Gross Income $55,800, great rental history (same tenants since 2012 for 2 units)great rental history with no vacancies, off street parking, low operating costs. Property should qualify for all financing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,304
Year Built
- Built in 1900
Lot Details
- 2,178 Sq Ft Lot
- Fenced
- Open Lot
Home Design
- Concrete Foundation
- Wood Frame Construction
- Membrane Roofing
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,808 Sq Ft Home
- Multi-Level Property
- Ceiling Fan
- Double Pane Windows
- Storm Doors
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Full Bathrooms
- Bathtub
- Shower Only
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Electric Water Heater
- Internet Available
Additional Features
- Porch
- City Lot
Listing and Financial Details
- Tax Lot 256
- Assessor Parcel Number BIDD-000039-000000-000256
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $14,496
- Gross Income $55,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2023
Closed on
Nov 7, 2023
Sold by
Huot Thomas L
Bought by
Berens David M
Seller's Agent
Gesine Weller-Jett
4 Maine Realty
Buyer's Agent
Nicholas Laverriere
Keller Williams Realty
List Price
$599,000
Sold Price
$557,000
Premium/Discount to List
-$42,000
-7.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,646
Avg. Annual Appreciation
7.18%
Original Mortgage
$417,750
Outstanding Balance
$409,455
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$232,191
Purchase Details
Listed on
Oct 16, 2013
Closed on
Mar 9, 2015
Sold by
Wilkinson Dale R
Bought by
Huot Thomas L
Seller's Agent
Gerard Labrecque
Bean Group
Buyer's Agent
Gerard Labrecque
Bean Group
List Price
$159,900
Sold Price
$146,000
Premium/Discount to List
-$13,900
-8.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$150,818
Interest Rate
3.64%
Mortgage Type
New Conventional
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Berens David M | $557,000 | None Available | |
| Huot Thomas L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Berens David M | $417,750 | |
| Previous Owner | Huot Thomas L | $150,818 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2023 11/07/23 | Sold | $557,000 | -7.0% | $198 / Sq Ft | |
| 10/05/2023 10/05/23 | Pending | -- | -- | -- | |
| 09/26/2023 09/26/23 | For Sale | $599,000 | +310.3% | $213 / Sq Ft | |
| 03/06/2015 03/06/15 | Sold | $146,000 | -8.7% | -- | View Prior Sale |
| 01/16/2015 01/16/15 | Pending | -- | -- | -- | |
| 10/17/2013 10/17/13 | For Sale | $159,900 | -- | -- |
Source: Maine Listings
Tax History Compared to Growth
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 | $5,581 | $392,500 | $106,100 | $286,400 |
| 2023 | $5,097 | $388,500 | $106,100 | $282,400 |
| 2022 | $4,304 | $262,300 | $55,000 | $207,300 |
| 2021 | $4,118 | $225,900 | $45,000 | $180,900 |
| 2020 | $3,637 | $181,400 | $35,000 | $146,400 |
| 2019 | $3,624 | $181,400 | $35,000 | $146,400 |
| 2018 | $3,574 | $181,400 | $35,000 | $146,400 |
| 2017 | $3,316 | $165,200 | $35,000 | $130,200 |
| 2016 | $3,281 | $165,200 | $35,000 | $130,200 |
| 2015 | $3,216 | $165,200 | $35,000 | $130,200 |
| 2014 | $3,137 | $165,200 | $35,000 | $130,200 |
| 2013 | -- | $173,500 | $46,000 | $127,500 |
Source: Public Records
Agents Affiliated with this Home
-
Gesine Weller-Jett
-
Nicholas Laverriere
N
Buyer's Agent in 2023
Nicholas Laverriere
Keller Williams Realty
(207) 284-3043
5 in this area
70 Total Sales
-
G
Seller's Agent in 2015
Gerard Labrecque
Bean Group
Map
Source: Maine Listings
MLS Number: 1573171
APN: BIDD-000039-000000-000256
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