NOT LISTED FOR SALE

Estimated Value: $548,501 - $676,000

5 Beds
3 Baths
4,042 Sq Ft
$148/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $447,500 $111 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,760/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • 3 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Porch

About This Home

As of June 2022

This spacious 3 unit property is the perfect opportunity to owner occupy one apartment while renting out the other two. Nestled just outside of downtown Biddeford, this property is conveniently located near shops, parks, restaurants and more. The 2 bedroom unit has been remodeled over the last year including brand new kitchen cabinetry and appliances as well as new flooring throughout the living areas and bedroom. The two other units both feature multi-level living, 3 spacious bedrooms each and long term tenants! All three units have their own washer/dryer hookups. The garage has also been completely redone and has three separated bays to allow a private space for each tenant as well as plenty of room for off street parking.
Don't miss out on this investment opportunity!
Group showings Saturday 4/9 and Sunday 4/10 from 11am-1pm.
Rents are under market value.

Last Agent to Sell the Property

Samantha Rollins

Portside Real Estate Group Listed on: 04/08/2022

Last Buyer's Agent

Jamie Soucy

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,603

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • 4,042 Sq Ft Home
  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Washer and Dryer Hookup
  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number BIDD-000038-000000-000002

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $12,803
  • Gross Income $47,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,603

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 4042.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4042.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 47400.0
  • Income Expenses Operating Expenses: 12803.0
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Gravel, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 6534.0
  • Parcel #: BIDD-000038-000000-000002
  • Zoning: Historic/MSRD2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 47400.0
  • Annual Operating Expense: 12803.0

Tax Info

  • Tax Annual Amount: 4603.0
  • Tax Book Number: 18621
  • Tax Lot: 2
  • Tax Map Number: 38
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 23, 2022
Sold by
Fernandez Robert
Bought by
60 Bradbury Llc
Seller's Agent
Samantha Rollins
Portside Real Estate Group
Buyer's Agent
Jamie Soucy
Keller Williams Realty
List Price
$499,000
Sold Price
$447,500
Premium/Discount to List
-$51,500
-10.32%
Current Estimated Value
$587,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,727
Avg. Annual Appreciation
9.75%
Original Mortgage
$335,625
Outstanding Balance
$322,107
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$275,018

Purchase Details

Closed on
Apr 4, 2021
Sold by
Sethi Sheba and Dang Gagan
Bought by
Fernandez Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2017
Sold by
Pelletier Stephan G and Pelletier Cleo M
Bought by
Sethi Sheba and Sethi Gregory Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2012
Sold by
Pelletier Ghislaine and Pelletier Gerald
Bought by
Pelletier Cleo M and Pelletier Stephan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
60 Bradbury Llc -- None Available
Fernandez Robert -- None Available
Sethi Sheba -- --
Pelletier Cleo M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 60 Bradbury Llc $335,625
Previous Owner Fernandez Robert $304,385
Previous Owner Sethi Sheba $100,000
Previous Owner Pelletier Cleo M $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $447,500 -10.3% $111 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $499,000 -- $123 / 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 $6,196 $435,700 $127,200 $308,500
2023 $5,659 $431,300 $127,200 $304,100
2022 $4,793 $292,100 $68,200 $223,900
2021 $4,603 $252,500 $56,800 $195,700
2020 $4,156 $207,300 $48,400 $158,900
2019 $4,142 $207,300 $48,400 $158,900
2018 $4,084 $207,300 $48,400 $158,900
2017 $3,811 $189,900 $48,400 $141,500
2016 $3,771 $189,900 $48,400 $141,500
2015 $3,697 $189,900 $48,400 $141,500
2014 $3,606 $189,900 $48,400 $141,500
2013 -- $249,800 $63,400 $186,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1523708

Maine Listings

APN: BIDD-000038-000000-000002