Seller's Agent in 2023
Jeffrey Mateja
Keller Williams Realty
(207) 879-9800
5 in this area
881 Total Sales
6 Mount Vernon St Biddeford, ME 04005
Downtown Biddeford NeighborhoodEstimated Value: $431,000 - $481,000
5
Beds
2
Baths
2,108
Sq Ft
$212/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Hot Water Heating System
- 5-minute walk to Shevenell Park
- No HOA
- Open Lot
About This Home
As of October 2023Welcome to 6 Mount Vernon, Biddeford! This charming property offers a fantastic investment opportunity with its two-unit configuration. Each unit boasts three bedrooms, ensuring ample living space for occupants. Currently, one unit is vacant, presenting an ideal chance for immediate occupancy or potential rental income. The property features separate utilities, allowing for convenient management and individual billing. Moreover, the interior has recently undergone a refreshing renovation, ensuring a modern and appealing atmosphere for residents with amazing original hardwood floors in most rooms. Don't miss the chance to own this well-maintained and updated property in a desirable location.
Last Buyer's Agent
Ezra Provost
Benchmark Real Estate
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,753
Year Built
- Built in 1940
Lot Details
- 4,356 Sq Ft Lot
- Open Lot
Home Design
- 2,108 Sq Ft Home
- Wood Frame Construction
- Tar and Gravel Roof
- Vinyl Siding
Flooring
- Wood
- Laminate
Basement
- Walk-Out Basement
- Crawl Space
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Utilities
- No Cooling
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Not Available
Additional Features
- 2 Full Bathrooms
- City Lot
Listing and Financial Details
- Legal Lot and Block 1 / 457
- Assessor Parcel Number 6MountVernonStreetBiddeford04005
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $9,500
- Gross Income $39,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2023
Closed on
Oct 6, 2023
Sold by
Sea Cove Llc
Bought by
Mccabe Christopher E
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Ezra Provost
Benchmark Real Estate
List Price
$425,000
Sold Price
$386,000
Premium/Discount to List
-$39,000
-9.18%
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
$59,917
Avg. Annual Appreciation
6.94%
Original Mortgage
$379,008
Outstanding Balance
$368,046
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$77,871
Purchase Details
Closed on
Mar 5, 2020
Sold by
Green On The Hill Props
Bought by
Sea Cove Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 2019
Sold by
Mecap Llc
Bought by
Green On Hill Props Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2018
Sold by
Hewey David and Jp Morgan Chase Bank Na
Bought by
Mecap Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
4.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 5, 2015
Sold by
Fnma
Bought by
Jp Morgan Chase Bank Na
Purchase Details
Closed on
Mar 19, 2014
Sold by
Maine Water Co
Bought by
Hewey David and Drozd Remi
Purchase Details
Closed on
Sep 14, 2006
Sold by
Drozd Remi and Hewey David
Bought by
Drozd Remi and Hewey David
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 |
|---|---|---|---|
| Mccabe Christopher E | $386,000 | None Available | |
| Sea Cove Llc | -- | None Available | |
| Sea Cove Llc | -- | None Available | |
| Sea Cove Llc | -- | None Available | |
| Green On Hill Props Llc | -- | -- | |
| Green On Hill Props Llc | -- | -- | |
| Green On Hill Props Llc | -- | -- | |
| Mecap Llc | -- | -- | |
| Mecap Llc | -- | -- | |
| Mecap Llc | -- | -- | |
| Jp Morgan Chase Bank Na | -- | -- | |
| Hewey David | -- | -- | |
| Drozd Remi | -- | -- | |
| Drozd Remi | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mccabe Christopher E | $379,008 | |
| Previous Owner | Sea Cove Llc | $200,000 | |
| Previous Owner | Green On Hill Props Llc | $170,000 | |
| Previous Owner | Mecap Llc | $149,500 | |
| Previous Owner | Drozd Remi | $152,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2023 10/06/23 | Sold | $386,000 | -9.2% | $183 / Sq Ft |
| 09/02/2023 09/02/23 | Pending | -- | -- | -- |
| 06/07/2023 06/07/23 | For Sale | $425,000 | -- | $202 / 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 | $4,643 | $326,500 | $118,200 | $208,300 |
| 2023 | $4,242 | $323,300 | $118,200 | $205,100 |
| 2022 | $3,753 | $228,700 | $56,800 | $171,900 |
| 2021 | $3,558 | $195,200 | $46,500 | $148,700 |
| 2020 | $3,242 | $161,700 | $36,100 | $125,600 |
| 2019 | $3,025 | $151,400 | $36,100 | $115,300 |
| 2018 | $2,983 | $151,400 | $36,100 | $115,300 |
| 2017 | $2,940 | $146,500 | $36,100 | $110,400 |
| 2016 | $2,909 | $146,500 | $36,100 | $110,400 |
| 2015 | $2,852 | $146,500 | $36,100 | $110,400 |
| 2014 | $2,782 | $146,500 | $36,100 | $110,400 |
| 2013 | -- | $160,900 | $59,200 | $101,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Mateja
-
Alexander Wiss
A
Seller Co-Listing Agent in 2023
Alexander Wiss
Keller Williams Realty
(339) 221-2083
1 in this area
145 Total Sales
-
E
Buyer's Agent in 2023
Ezra Provost
Benchmark Real Estate
Map
Source: Maine Listings
MLS Number: 1561437
APN: BIDD-000038-000000-000457-000001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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