NOT LISTED FOR SALE

Estimated Value: $435,000 - $454,728

4 Beds
2 Baths
2,130 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $160,000 $75 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,885/month

146 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • New Englander Architecture
  • Porch
  • 4-minute walk to Mechanics Park

About This Home

As of June 2018

WOW-A cash flowing 2-unit in a GREAT location for Under $180K! OWNER OCCUPY? SELLERS are putting a NEW ROOF ON. Updated super efficient Buderus boiler. Very good location that is walkable to the mills and downtown Biddeford. Owner occupy or make this a great cash flowing investment property. Dry basement and easy to maintain. Parking for up to 5 vehicles in the back of the unit. This is a GREAT income producing property-Priced right and READY TO SELL.

Last Listed By

Marc Cardullo

Coldwell Banker Realty Listed on: 12/29/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,130 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Kerosene
  • Baseboard Heating
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 147
  • Assessor Parcel Number 54SullivanStreetBiddefor39147

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Community Storage Space
  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,968

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • MLS Status: Closed
  • Directions: Southwest on Main Street toward Front Street, Left on Water Street, right onto Sullivan Street. Or Chapel to Sullivan.
  • Above Grade Finished Sq Ft: 2130.0
  • Architectural Style: New Englander
  • Building Stories: 2
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2130.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 19800.0
  • Heat Fuel:K-1Kerosene: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Equipment:Cable: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, 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: 4791.6
  • Parcel #: 54SullivanStreetBiddefor39147
  • Zoning: RD2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19800.0

Tax Info

  • Tax Annual Amount: 2968.0
  • Tax Book Number: 16878
  • Tax Lot: 147
  • Tax Map Number: 39
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2017
Closed on
Jun 29, 2018
Sold by
Jackson Jamie M and Smith Ryan J
Bought by
Palmer Jason W and Palmer Rebecca L
Seller's Agent
Marc Cardullo
Coldwell Banker Realty
Buyer's Agent
Bridget King Jason Miller
Bean Group
List Price
$219,900
Sold Price
$160,000
Premium/Discount to List
-$59,900
-27.24%
Total Days on Market
146
Current Estimated Value
$446,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,182
Avg. Annual Appreciation
16.53%
Original Mortgage
$120,000
Outstanding Balance
$105,504
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$351,369

Purchase Details

Closed on
Aug 22, 2014
Sold by
Jackson Jamie M and Osmolski Edward
Bought by
Jackson Jamie M and Smith Ryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
4.14%
Mortgage Type
Unknown

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
Palmer Jason W -- --
Jackson Jamie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Jason W $120,000
Previous Owner Jackson Jamie M $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $160,000 -27.2% $75 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
12/29/2017 12/29/17 For Sale $219,900 -- $103 / 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 $4,937 $347,200 $126,300 $220,900
2023 $4,511 $343,800 $126,300 $217,500
2022 $3,666 $223,400 $60,100 $163,300
2021 $3,471 $190,400 $49,200 $141,200
2020 $3,158 $157,500 $38,300 $119,200
2019 $3,147 $157,500 $38,300 $119,200
2018 $3,103 $157,500 $38,300 $119,200
2017 $3,059 $152,400 $38,300 $114,100
2016 $3,027 $152,400 $38,300 $114,100
2015 $2,967 $152,400 $38,300 $114,100
2014 $2,894 $152,400 $38,300 $114,100
2013 -- $175,600 $48,100 $127,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1335330

Maine Listings

APN: BIDD-000039-000000-000147