NOT LISTED FOR SALE

502 Elm St Biddeford, ME 04005

Estimated Value: $470,000 - $638,000

4 Beds
2 Baths
2,186 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 25, 2015

Last sale price $90,500 $41 Per Sq Ft

Est. 505% increase in value since last sale

Current estimated payment $3,460/month

65 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Forced Air Heating System
  • No HOA
  • Porch
  • Level Lot

About This Home

As of August 2015

Fixer Upper Opportunity! Some work has been completed. Livable condition, just very dated. Large lot with horseshoe driveway on left side. Each unit has its own driveway. Left side has a detached 2 car garage. Utilities are separate. Both units have front and side porches. Great location close to schools, shopping, turnpike and more. Need a project? Come take a look.

Last Agent to Sell the Property

CJ Dubois-Cote

Keller Williams Realty Listed on: 07/27/2015

Keller Williams Realty

Last Buyer's Agent

Joey Radford

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1820

Lot Details

  • 0.33 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 2,186 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • Detached Garage
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Internet Available
  • Cable TV Available

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number BIDD-000018-000000-000026

Property Details

Home Type

Multi-Family

Year Built

Built in 1820

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Heading South on Route 1/Elm Street - go past 5 Points Intersection and go past Marden's. End at No. 502 on Right across from Don Nason's Auto Center.
  • Above Grade Finished Sq Ft: 2186.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1820
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2186.0
  • Property Information:Garage: Yes
  • 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: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:Interior: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Equipment:Cable: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Interior, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet

Exterior Features

  • Lot Features: Open, Level, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot 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: 14374.8
  • Parcel #: BIDD-000018-000000-000026
  • Zoning: R1A

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2651.0
  • Tax Book Number: 6862
  • Tax Lot: 26
  • Tax Map Number: 18
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Sep 2, 2015
Sold by
Prejean Michael A
Bought by
Bastow Amanda J
Seller's Agent
CJ Dubois-Cote
Keller Williams Realty
Buyer's Agent
Joey Radford
Coldwell Banker Realty
List Price
$115,000
Sold Price
$90,500
Premium/Discount to List
-$24,500
-21.3%
Current Estimated Value
$547,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,106
Avg. Annual Appreciation
19.78%
Original Mortgage
$122,452
Interest Rate
4.07%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Bastow Amanda J -- --
Bastow Amanda J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bastow Amanda J $178,062
Closed Bastow Amanda J $122,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2015 08/25/15 Sold $90,500 -21.3% $41 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $115,000 -- $53 / 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 $4,902 $344,700 $146,200 $198,500
2023 $4,483 $341,700 $146,200 $195,500
2022 $3,733 $227,500 $79,500 $148,000
2021 $3,553 $194,900 $66,200 $128,700
2020 $3,324 $165,800 $56,400 $109,400
2019 $3,313 $165,800 $56,400 $109,400
2018 $2,710 $165,800 $56,400 $109,400
2017 $2,807 $141,500 $56,400 $85,100
2016 $2,810 $141,500 $56,400 $85,100
2015 $2,718 $139,600 $56,400 $83,200
2014 $2,651 $139,600 $56,400 $83,200
2013 -- $185,500 $76,300 $109,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1214488

Maine Listings

APN: BIDD-000018-000000-000026