NOT LISTED FOR SALE

Estimated Value: $345,691

1 Bed
1.5 Baths
1,278 Sq Ft
$270/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $274,000 $214 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,229/month

89 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Property is near public transit
  • Corner Lot
  • 2-minute walk to Shevenell Park

About This Home

As of December 2021

Welcome to 57 Jefferson, a unique mix-used opportunity in the heart of Biddeford! This charming, newly updated building features, beautifully refinished original floors throughout, an original overhead beam along with a fresh coat of exterior paint. The first floor offers endless possibilities for any small business complete with a kitchenette, half bath, ample space and natural light. While the convenient 2nd floor residential loft features full-sized appliances, newly installed countertops and cabinets, and a new exterior staircase. Downtown Biddeford is quickly becoming THE place to open a business! Big things are in the works for the abutting Washington St so now is the time to be investing in Biddeford's exciting future! Don't Miss out!

Last Agent to Sell the Property

Alexcia Smith

Maine Real Estate Co Brokerage Phone: 207-282-5988 Listed on: 10/11/2021

Last Buyer's Agent

Amanda Vigue

Waypoint Brokers Collective

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Corner Lot

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,278 Sq Ft Home
  • Wood Flooring
  • Laundry on upper level

Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • Leased Parking
  • No Driveway
  • On-Street Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 356
  • Assessor Parcel Number BIDD-000038-000000-000356

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,812
  • Gross Income $11,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,194

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.03
  • MLS Status: Closed
  • Directions: Alfred street to Jefferson St, property is on the corner of Jefferson and Washington
  • Above Grade Finished Sq Ft: 1278.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.03
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1278.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 11400.0
  • Income Expenses Operating Expenses: 7812.0
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Driveway:No Driveway: Yes
  • Parking:No Parking: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Parking:On Street: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Flooring: Wood

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, Leased, None, On Street
  • Parking Leased: Yes

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Direct Vent Furnace
  • 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: 1306.8
  • Parcel #: BIDD-000038-000000-000356
  • Zoning: MSRD1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 11400.0
  • Annual Operating Expense: 7812.0

Tax Info

  • Tax Annual Amount: 3194.0
  • Tax Book Number: 17483
  • Tax Lot: 356
  • Tax Map Number: 38
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 30, 2021
Sold by
North Star Chiropractic
Bought by
Hemingway Jesse
Seller's Agent
Alexcia Smith
Maine Real Estate Co
Buyer's Agent
Amanda Vigue
Waypoint Brokers Collective
List Price
$275,000
Sold Price
$274,000
Premium/Discount to List
-$1,000
-0.36%
Current Estimated Value
$345,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,691
Avg. Annual Appreciation
6.77%
Original Mortgage
$219,200
Outstanding Balance
$204,072
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$140,255

Purchase Details

Listed on
Feb 1, 2017
Closed on
Jun 1, 2017
Sold by
Caleb Johnson Architects
Bought by
North Star Chiropractic
Seller's Agent
Joey Radford
OceanView Properties
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$129,900
Sold Price
$123,000
Premium/Discount to List
-$6,900
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.06%
Original Mortgage
$133,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2007
Sold by
Johnson and Johnson Bell
Bought by
Architects Johnson Caleb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2005
Sold by
Larochelle Mark G
Bought by
Jb Props Llc
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
Hemingway Jesse -- None Available
Hemingway Jesse -- None Available
North Star Chiropractic -- --
Chiropractic North Star -- --
Architects Johnson Caleb -- --
Jb Props Llc -- --
Jb Props Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemingway Jesse $219,200
Closed Hemingway Jesse $219,200
Previous Owner Chiropractic North Star $133,000
Previous Owner North Star Chiropractic $30,000
Previous Owner North Star Chiropractic $35,000
Previous Owner Johnson Caleb Architects $300,000
Previous Owner Jb Props Llc $92,500
Previous Owner Jb Props Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $274,000 -0.4% $214 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $275,000 +123.6% $215 / Sq Ft
05/30/2017 05/30/17 Sold $123,000 -5.3% $96 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $129,900 -- $102 / 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 $3,635 $255,600 $127,500 $128,100
2023 $3,353 $255,600 $127,500 $128,100
2022 $2,673 $162,900 $98,000 $64,900
2021 $2,970 $162,900 $98,000 $64,900
2020 $3,194 $159,300 $98,000 $61,300
2019 $3,183 $159,300 $98,000 $61,300
2018 $3,138 $159,300 $98,000 $61,300
2017 $3,197 $159,300 $98,000 $61,300
2016 $2,093 $105,400 $39,200 $66,200
2015 $2,052 $105,400 $39,200 $66,200
2014 $2,002 $105,400 $39,200 $66,200
2013 -- $126,400 $44,600 $81,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1506652

Maine Listings

APN: BIDD-000038-000000-000356