NOT LISTED FOR SALE
Studio
6 Baths
7,044 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: November 28, 2023

Last sale price $1,060,000 $150 Per Sq Ft

15 Days on Market

Highlights

  • Wood Flooring
  • Property is near shops
  • Level Lot
  • No HOA
  • Baseboard Heating

About This Home

As of November 2023

Solid large 6 unit apartment building that is close proximity to the vibrant Biddeford downtown! Offering (6) - 3 bedroom units in good condition w/ parking and newer natural gas boilers!

Last Agent to Sell the Property

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 09/21/2023

Last Buyer's Agent

Chris Lavoie

American Dream Realty

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,946

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 7,044 Sq Ft Home
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • Driveway
  • Paved Parking

Location

  • Property is near shops

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number BIDD-000038-000000-000025

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $31,245
  • Gross Income $124,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,946

Year Built

Built in 1900

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS
  • Above Grade Finished Sq Ft: 7044.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 169.65
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 7044.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 6
  • Income Expenses Gross Income: 124980.0
  • Income Expenses Operating Expenses: 31245.0
  • Gas:Natural - At Street: Yes
  • Roof:Membrane: Yes
  • Advertising Remarks:Advertising Remarks: Solid large 6 unit apartment building that is close proximity to the vibrant Biddeford downtown! Offering (6) - 3 bedroom units in good condition w/ parking and newer natural gas boilers!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Flooring: Wood, Tile, Carpet

Exterior Features

  • Lot Features: Level, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 5662.8
  • Parcel #: BIDD-000038-000000-000025
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 124980.0
  • Annual Operating Expense: 31245.0

Tax Info

  • Tax Annual Amount: 7946.0
  • Tax Lot: 25
  • Tax Year: 2022

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
Sep 21, 2023
Closed on
Nov 25, 2023
Sold by
Bought by
Seller's Agent
Thomas Gadbois
F.O. Bailey Real Estate
Buyer's Agent
Chris Lavoie
American Dream Realty
List Price
$1,195,000
Sold Price
$1,060,000
Premium/Discount to List
-$135,000
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Outstanding Balance
$775,372
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 7, 2019
Closed on
Jul 2, 2019
Sold by
Bought by
Seller's Agent
Bernie Reim
Keller Williams Realty
Buyer's Agent
Bernie Reim
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$489,000
Sold Price
$475,000
Premium/Discount to List
-$14,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,058,000 None Available
$800,000 None Available
-- --
-- --
-- --
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 $795,000
Closed --
Previous Owner $640,000
Previous Owner $380,000
Closed $190,000
Previous Owner $280,000
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 Prior Sale
11/28/2023 11/28/23 Sold $1,060,000 -11.3% $150 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $1,195,000 +151.6% $170 / Sq Ft
07/02/2019 07/02/19 Sold $475,000 -2.9% $67 / Sq Ft View Prior Sale
05/20/2019 05/20/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $489,000 -- $69 / 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 $12,094 $809,500 $131,200 $678,300
2024 $11,326 $796,500 $131,200 $665,300
2023 $10,450 $796,500 $131,200 $665,300
2022 $7,946 $484,200 $107,800 $376,400
2021 $7,503 $411,600 $89,800 $321,800
2020 $6,953 $346,800 $76,300 $270,500
2019 $6,929 $346,800 $76,300 $270,500
2018 $2,243 $346,800 $76,300 $270,500
2017 $2,426 $302,400 $76,300 $226,100
2016 $6,006 $302,400 $76,300 $226,100
2015 $5,888 $302,400 $76,300 $226,100
2014 $5,743 $302,400 $76,300 $226,100
2013 -- $334,800 $62,700 $272,100
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1572648

Maine Listings
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