NOT LISTED FOR SALE

Estimated Value: $762,270

2 Beds
3.5 Baths
3,494 Sq Ft
$218/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $660,000 $189 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,646/month

8 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Cooling Available

About This Home

As of September 2023

**OPEN HOUSE: Friday 7/7 11am-1pm**. Brilliantly updated and utterly livable, this prominent downtown 3-Unit building is walkable to Biddeford's rapidly changing Main Street. The well maintained units each offer different attractive layouts ranging from a 1 bedroom ground floor live / work space with allowable commercial uses, to a possible 2 story grand loft on the upper floors. A nicely landscaped garden patio exudes charm while creating private outdoor space. New systems throughout the building provide predictable low operating costs. Ample parking, in-unit laundry in all 3 units. An easy stroll to award winning eateries like Palace Diner, Jackrabbit or locally loved spots like Elements and Fish & Whistle. With the 1st floor unit voluntarily vacating by 7/31, this is a perfect owner-occupy scenario. This property has been lovingly cared for - if you're looking for quality and value 59 Center Street should be the focus of your search.

Last Listed By

Jed Rathband

Keller Williams Realty Listed on: 06/29/2023

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,779

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • Multi-Level Property
  • Attic

Flooring

  • Wood
  • Laminate
  • Vinyl

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Hot Water Heating System
  • High-Efficiency Water Heater

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number BIDD-000038-000000-000169

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $13,565
  • Gross Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,779

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: On Corner of Elm & Center Street, GPS friendly.
  • Above Grade Finished Sq Ft: 3344.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Efficiency: High Efficiency Water Heater
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3344.0
  • Property Information:SqFt Finished Below Grade: 150.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 54000.0
  • Income Expenses Operating Expenses: 13565.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Attic: Yes
  • Exterior:Brick: Yes
  • Location:Near Railroad: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 150.0
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: Attic
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Intown, Near Shopping, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Brick, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump
  • 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: 4356.0
  • Parcel #: BIDD-000038-000000-000169
  • Zoning: MSRD1

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 54000.0
  • Annual Operating Expense: 13565.0

Tax Info

  • Tax Annual Amount: 4779.0
  • Tax Book Number: 17282
  • Tax Lot: 169
  • Tax Map Number: 38
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Sep 13, 2023
Sold by
59 Center Street Llc
Bought by
Kassel Grant D
Seller's Agent
Jed Rathband
Keller Williams Realty
Buyer's Agent
Chris Lavoie
American Dream Realty
List Price
$645,000
Sold Price
$660,000
Premium/Discount to List
$15,000
2.33%
Total Days on Market
8
Current Estimated Value
$762,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,270
Avg. Annual Appreciation
11.06%
Original Mortgage
$495,000
Outstanding Balance
$488,537
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$295,414

Purchase Details

Closed on
Oct 11, 2006
Sold by
Clifford Gregory F
Bought by
Adams Daniel

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
Kassel Grant D $660,000 None Available
Kassel Grant D $660,000 None Available
Adams Daniel -- --
Adams Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kassel Grant D $495,000
Closed Kassel Grant D $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $660,000 +2.3% $189 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $645,000 -- $185 / 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 $5,045 $354,800 $156,200 $198,600
2023 $4,655 $354,800 $156,200 $198,600
2022 $4,779 $291,200 $120,100 $171,100
2021 $4,813 $264,000 $120,100 $143,900
2020 $4,908 $244,800 $120,100 $124,700
2019 $4,881 $244,300 $119,600 $124,700
2018 $4,813 $244,300 $119,600 $124,700
2017 $4,921 $245,200 $119,600 $125,600
2016 $3,517 $177,100 $47,800 $129,300
2015 $3,253 $177,100 $47,800 $129,300
2014 $3,173 $177,100 $47,800 $129,300
2013 -- $182,900 $54,400 $128,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1563819

Maine Listings

APN: BIDD-000038-000000-000169