Seller's Agent in 2021
Adam Hedio
Coldwell Banker Realty
(207) 604-2723
8 in this area
161 Total Sales
6 Cross St Biddeford, ME 04005
Downtown Biddeford NeighborhoodEstimated Value: $675,000 - $778,000
5
Beds
3
Baths
3,837
Sq Ft
$191/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Hot Water Heating System
- 4-minute walk to Mechanics Park
- No HOA
About This Home
As of August 2021Completely renovated 3 unit it the heart of Biddeford. Fully tenant occupied with two tenants month to month and one just signed an 11 month lease. Income and expense sheet is attached. All three units were renovated between 2019 and 2020, as well as a new roof in 2020. The building has been meticulously maintained and it shows! Don't miss this investment opportunity!
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 07/22/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,595
Year Built
- Built in 1900
Lot Details
- 2,178
Parking
- No Driveway
Home Design
- 3,837 Sq Ft Home
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Not Available
- Electric Water Heater
Additional Features
- 3 Full Bathrooms
- 2,178 Sq Ft Lot
- City Lot
Listing and Financial Details
- Tax Lot 233
- Assessor Parcel Number BIDD-000039-000000-000233
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $14,838
- Gross Income $45,978
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2021
Closed on
Aug 31, 2021
Sold by
Td Holdings Llc
Bought by
6 Cross St Llc
Seller's Agent
Adam Hedio
Coldwell Banker Realty
Buyer's Agent
Kaili Moore
Portside Real Estate Group
List Price
$535,000
Sold Price
$550,000
Premium/Discount to List
$15,000
2.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,716
Avg. Annual Appreciation
7.07%
Original Mortgage
$385,000
Outstanding Balance
$349,798
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$384,918
Purchase Details
Listed on
Aug 13, 2018
Closed on
Oct 5, 2018
Sold by
Langevin Beau R
Bought by
Yd Hldg Llc
Seller's Agent
David Trottier
Realty Sales Inc
Buyer's Agent
David Trottier
RE/MAX Coastal
List Price
$162,500
Sold Price
$156,335
Premium/Discount to List
-$6,165
-3.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.85%
Original Mortgage
$495,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 4, 2016
Sold by
Langevin Beau R
Bought by
Harley Z Llc
Purchase Details
Closed on
Nov 17, 2008
Sold by
Td Bank Na
Bought by
Langevin Beau R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.49%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 25, 2005
Sold by
Pontbriant Philip and Dugan John
Bought by
Smith George E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 6 Cross St Llc | -- | None Available | |
| Yd Hldg Llc | -- | -- | |
| Harley Z Llc | -- | -- | |
| Langevin Beau R | -- | -- | |
| Smith George E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 6 Cross St Llc | $385,000 | |
| Previous Owner | Yd Hldg Llc | $495,000 | |
| Previous Owner | Langevin Beau R | $75,000 | |
| Previous Owner | Smith George E | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/31/2021 08/31/21 | Sold | $550,000 | +2.8% | $143 / Sq Ft | |
| 07/24/2021 07/24/21 | Pending | -- | -- | -- | |
| 07/22/2021 07/22/21 | For Sale | $535,000 | +242.2% | $139 / Sq Ft | |
| 10/02/2018 10/02/18 | Sold | $156,335 | -3.8% | $41 / Sq Ft | View Prior Sale |
| 08/14/2018 08/14/18 | Pending | -- | -- | -- | |
| 08/13/2018 08/13/18 | For Sale | $162,500 | -- | $42 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $6,880 | $483,800 | $106,100 | $377,700 |
| 2023 | $6,278 | $478,500 | $106,100 | $372,400 |
| 2022 | $4,262 | $259,700 | $55,000 | $204,700 |
| 2021 | $4,074 | $223,500 | $45,000 | $178,500 |
| 2020 | $3,595 | $179,300 | $35,000 | $144,300 |
| 2019 | $3,582 | $179,300 | $35,000 | $144,300 |
| 2018 | $3,532 | $179,300 | $35,000 | $144,300 |
| 2017 | $3,273 | $163,100 | $35,000 | $128,100 |
| 2016 | $3,239 | $163,100 | $35,000 | $128,100 |
| 2015 | $3,176 | $163,100 | $35,000 | $128,100 |
| 2014 | $3,097 | $163,100 | $35,000 | $128,100 |
| 2013 | -- | $170,000 | $46,000 | $124,000 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Hedio
-
Kaili Moore
Buyer's Agent in 2021
Kaili Moore
Portside Real Estate Group
(207) 252-4161
4 in this area
193 Total Sales
-
David Trottier
Seller's Agent in 2018
David Trottier
Realty Sales Inc
(207) 229-0559
15 in this area
141 Total Sales
Map
Source: Maine Listings
MLS Number: 1501766
APN: BIDD-000039-000000-000233
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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