NOT LISTED FOR SALE

64 Prospect St Biddeford, ME 04005

Estimated Value: $396,000 - $1,024,000

Studio
4 Baths
4,718 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: October 28, 2019

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

Est. 62% increase in value since last sale

Current estimated payment $4,109 / mo

10 Days on Market

Highlights

  • Deck
  • Porch
  • Property is near shops
  • No HOA
  • Double Pane Windows
  • Forced Air Heating System

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

Location

  • Property is near shops

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

Pet Policy

  • Pets Allowed

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

6,970 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Oct 28, 2019
Sold by
Bought by
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
$648,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,613
Avg. Annual Appreciation
7.53%
Original Mortgage
$386,650
Outstanding Balance
$335,719
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$312,894
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,342 $491,400 $125,200 $366,200
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

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