NOT LISTED FOR SALE

57 Prospect St Biddeford, ME 04005

Estimated Value: $695,000 - $960,000

5 Beds
3 Baths
4,428 Sq Ft
$180/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2020

Last sale price $425,000 $96 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,844 / mo

8 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot
  • No HOA
  • Hot Water Heating System
  • Wood Siding

About This Home

As of August 2020

3-UNIT MULTI FAMILY ON A CORNER LOT WITH PARKING

Across from Biddeford Adult Education

4,428 SF well-maintained building on a corner lot

Three Three Bedroom Units

Ample on-site parking

Fully rented—great income and/or

owner-user property
SALE PRICE: $450,000

Last Agent to Sell the Property

Cheri Bonawitz

Malone Commercial Brokers, Inc. Listed on: 07/08/2020

Co-Listed By

Karen Rich

Malone Commercial Brokers, Inc.

Last Buyer's Agent

Tyler Fournier

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,842

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Wood Siding
  • Shingle Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3 Full Bathrooms
  • 4,428 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Tile

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 327
  • Assessor Parcel Number BIDD-000034-000000-000327

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $12,030
  • Gross Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,842

Year Built

Built in 1900

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Co List Office Phone: 207-772-2422
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4428.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 101.63
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4428.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 52800.0
  • Income Expenses Operating Expenses: 12030.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water Heater:Oil2: Yes
  • Roof:Flat: Yes
  • Advertising Remarks:Advertising Remarks: 3-UNIT MULTI FAMILY ON A CORNER LOT WITH PARKING Across from Biddeford Adult Education 4,428 SF well-maintained building on a corner lot Lots of windows for natural light Ample on-site parking Fully rented—great income and/or owner-user property SALE PRICE: $450,000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: None, Other, Not Applicable
  • Full Bathrooms: 3
  • Flooring: Wood, Tile

Exterior Features

  • Lot Features: Level, Open Lot, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Concrete, Wood Frame
  • Roof: Flat

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Unknown
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: BIDD-000034-000000-000327
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 52800.0
  • Annual Operating Expense: 12030.0

Tax Info

  • Tax Annual Amount: 3842.0
  • Tax Lot: 327
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Fournier Tyler
Bought by
Ag207 Llc
Current Estimated Value
$794,917

Purchase Details

Listed on
Jul 8, 2020
Closed on
Aug 18, 2020
Sold by
Darby Douglas J and Darby J D
Bought by
Fournier Tyler
Seller's Agent
Cheri Bonawitz
Malone Commercial Brokers, Inc.
Buyer's Agent
Tyler Fournier
Berkshire Hathaway HomeServices Verani Realty
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$340,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2017
Sold by
Darby Douglas J and Caldwell Ciel R
Bought by
Darby Douglas J

Purchase Details

Listed on
Nov 25, 2015
Closed on
Feb 3, 2016
Sold by
Roy Murielle T Est and Hallczuk
Bought by
Darby Douglas J and Caldwell Ciel R
Seller's Agent
Leo Bourgeault
Coldwell Banker Realty
Buyer's Agent
Cheri Bonawitz
Keller Williams Realty
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Original Mortgage
$157,500
Interest Rate
3.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ag207 Llc -- None Available
Ag207 Llc -- None Available
Ag207 Llc -- None Available
Fournier Tyler -- None Available
Fournier Tyler -- None Available
Fournier Tyler -- None Available
Darby Douglas J -- --
Darby Douglas J -- --
Darby Douglas J -- --
Darby Douglas J -- --
Darby Douglas J -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Fournier Tyler $340,000
Previous Owner Darby Douglas J $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2020 08/17/20 Sold $425,000 -5.6% $96 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $450,000 +114.3% $102 / Sq Ft
02/01/2016 02/01/16 Sold $210,000 -4.5% $47 / Sq Ft View Prior Sale
12/01/2015 12/01/15 Pending -- -- --
11/25/2015 11/25/15 For Sale $219,900 -- $50 / Sq Ft
Source: Maine Listings

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
2025 $6,503 $435,300 $126,600 $308,700
2024 $6,106 $429,400 $126,600 $302,800
2023 $5,577 $425,100 $126,600 $298,500
2022 $4,639 $282,700 $64,200 $218,500
2021 $4,446 $243,900 $53,500 $190,400
2020 $3,992 $199,100 $45,500 $153,600
2019 $3,978 $199,100 $45,500 $153,600
2018 $3,922 $199,100 $45,500 $153,600
2017 $3,649 $181,800 $45,500 $136,300
2016 $3,611 $181,800 $45,500 $136,300
2015 $3,345 $181,800 $45,500 $136,300
2014 $3,262 $181,800 $45,500 $136,300
2013 -- $220,900 $61,200 $159,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1459465

Maine Listings

APN: BIDD-000034-000000-000327

Your Personal Tour Guide

Ask me questions while you tour the home.