NOT LISTED FOR SALE

508 Main St Biddeford, ME 04005

Estimated Value: $466,000 - $570,742

4 Beds
2 Baths
2,077 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $360,000 $173 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,165/month

11 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Deck
  • No HOA
  • Access to Tidal Water
  • Main Floor Bedroom
  • 3 Car Detached Garage

About This Home

As of September 2021

This lovingly maintained river-front two unit is the perfect investment for ANYONE. Occupy one floor and rent out the other or purchase with an in-law/friend or family member and split the mortgage! Your a stones throw from Rotary Park, shopping, the high school, doctors offices, restaurants and so much more! Install some nice stairs down to the Saco River and enjoy fishing, kayaking and so much more right from your back yard! This home is well constructed, well maintained and ready for its new owner! Both units will be unoccupied by closing. This one wont last long, don't wait!

Last Agent to Sell the Property

Julie Court

JC North East Real Estate Listed on: 07/07/2021

Last Buyer's Agent

Julie Court

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,932

Year Built

  • Built in 1920

Lot Details

  • 0.26 Acre Lot
  • 50 Feet of Waterfront
  • River Front
  • Landscaped
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,077 Sq Ft Home
  • Multi-Level Property
  • Water Views
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry

Outdoor Features

  • Access to Tidal Water
  • Deck

Utilities

  • Air Conditioning
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number BIDD-000037-000000-000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,932

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Water Body Name: Saco River
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2077.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.26
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2077.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Heat System:Direct Vent Heater: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Cooling:AC Units: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Near Turnpike/Interstate, Near Town
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Direct Vent Heater, Baseboard, Hot 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: 11325.6
  • Parcel #: BIDD-000037-000000-000002
  • Zoning: R1A

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3932.0
  • Tax Book Number: 4297
  • Tax Lot: 2
  • Tax Map Number: 37
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Sep 30, 2021
Sold by
Myers Mark A and Myers Denise Y
Bought by
Obrien-Iagulli Sharon
Seller's Agent
Julie Court
JC North East Real Estate
Buyer's Agent
Julie Court
Keller Williams Realty
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Current Estimated Value
$509,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,186
Avg. Annual Appreciation
8.96%
Original Mortgage
$215,000
Outstanding Balance
$196,060
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$313,126
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
Obrien-Iagulli Sharon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien-Iagulli Sharon $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $360,000 +2.9% $173 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $350,000 -- $169 / 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 $5,596 $393,500 $185,600 $207,900
2023 $5,079 $387,100 $182,300 $204,800
2022 $4,252 $259,100 $102,700 $156,400
2021 $4,076 $223,600 $86,900 $136,700
2020 $3,441 $196,100 $79,100 $117,000
2019 $3,918 $196,100 $79,100 $117,000
2018 $3,863 $196,100 $79,100 $117,000
2017 $3,843 $191,500 $79,100 $112,400
2016 $3,803 $191,500 $79,100 $112,400
2015 $3,534 $191,500 $79,100 $112,400
2014 $3,447 $191,500 $79,100 $112,400
2013 -- $208,700 $89,500 $119,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1499669

Maine Listings

APN: BIDD-000037-000000-000002