NOT LISTED FOR SALE

64 Prospect St Biddeford, ME 04005

Estimated Value: $386,000 - $853,000

Studio
4 Baths
4,718 Sq Ft
$126/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $400,000 $85 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,694/month

10 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • No HOA
  • Double Pane Windows
  • Ceiling Fan

About This Home

As of October 2019

This property is attractive to both investors and owner-occupied customers. It has great income potential and amenities such as the three garages. Owners are related to the listing agent. Seller has had City life/safety inspection performed. Inspection report available and includes items to be corrected.

Last Agent to Sell the Property

Donald Martel

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 08/26/2019

Last Buyer's Agent

Payton Hurlin Scribner

The Real Estate Store

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,074

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Garage
  • Common or Shared Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Shared Driveway
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 4,718 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Double Pane Windows
  • Storm Doors
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Full Bathrooms
  • Shower Only

Unfinished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Gas Water Heater
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 242
  • Assessor Parcel Number BIDD-000034-000000-000242

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $21,276
  • Gross Income $48,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,074

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From five points, take Alfred Street, turn right onto Clark Street. (approx 3/4 mile). Both Buildings are located on the corner of Clark and Prospect Street
  • Above Grade Finished Sq Ft: 4718.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Double Pane Windows, Ceiling Fans
  • Year Built: 1900
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 82.64
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4718.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Property Information:Garage Spaces: 3.0
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 48900.0
  • Income Expenses Operating Expenses: 21276.0
  • Style:Multi-Level: Yes
  • Parking:Paved3: Yes
  • Water Heater:Oil2: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Exterior:Aluminum Siding: Yes
  • Electric:Fuses: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Roof:Flat: Yes
  • Advertising Remarks:Advertising Remarks: This property is attractive to both investors and owner-occupied customers. It has great income potential and amenities such as the three garages. Owners are related to the listing agent.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Shopping
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Patio And Porch Features: Deck, Porch
  • Roof: Composition, Flat
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Common, Garage Door Opener, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Fuses, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: BIDD-000034-000000-000242
  • Zoning: R2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 48900.0
  • Annual Operating Expense: 21276.0

Tax Info

  • Tax Annual Amount: 5074.0
  • Tax Lot: 242
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Oct 28, 2019
Sold by
Moody Norman P and Moody Karen A
Bought by
Kopistecki David S
Seller's Agent
Donald Martel
Coldwell Banker Realty
Buyer's Agent
Payton Hurlin Scribner
The Real Estate Store
List Price
$389,900
Sold Price
$400,000
Premium/Discount to List
$10,100
2.59%
Current Estimated Value
$596,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,662
Avg. Annual Appreciation
6.64%
Original Mortgage
$386,650
Outstanding Balance
$339,471
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$257,191
Source: Public Records
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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
Kopistecki David S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kopistecki David S $386,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2019 10/28/19 Sold $400,000 +2.6% $85 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $389,900 -- $83 / 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 $6,888 $484,400 $125,200 $359,200
2023 $6,303 $480,400 $125,200 $355,200
2022 $5,693 $346,900 $68,900 $278,000
2021 $5,429 $297,800 $57,400 $240,400
2020 $5,093 $254,000 $48,800 $205,200
2019 $5,075 $254,000 $48,800 $205,200
2018 $5,004 $254,000 $48,800 $205,200
2017 $4,781 $238,200 $48,800 $189,400
2016 $4,731 $238,200 $48,800 $189,400
2015 $4,638 $238,200 $48,800 $189,400
2014 $4,523 $238,200 $48,800 $189,400
2013 -- $298,500 $89,500 $209,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1430732

Maine Listings

APN: BIDD-000034-000000-000242