NOT LISTED FOR SALE

7 Lafayette St Biddeford, ME 04005

Estimated Value: $492,217 - $540,000

5 Beds
2 Baths
2,310 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $339,900 $147 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,148/month

138 Days on Market

Highlights

  • Nearby Water Access
  • River Front
  • New Englander Architecture
  • Country Club
  • Property is near public transit
  • Main Floor Bedroom

About This Home

As of October 2021

A very nice large 2 Unit in a great area with views and a short walk to the Saco River. Solid rental history and tenants are month to month.

Last Agent to Sell the Property

Darren McGovern

Advisors Living, LLC Brokerage Phone: 207-773-1990 Listed on: 09/02/2021

Last Buyer's Agent

Dominik Porobic

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,254

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • River Front
  • Landscaped
  • Corner Lot

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking
  • Off-Site Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • New Englander Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Vinyl Siding

Interior Spaces

  • 2,310 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry

Accessible Home Design

  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Outdoor Features

  • Nearby Water Access
  • Deep Water Access
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Programmable Thermostat
  • Natural Gas Not Available
  • High-Efficiency Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number BIDD-000042-000000-000050

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $6,156
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,254

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • Water Body Name: Saco River
  • MLS Status: Closed
  • Directions: On the corner of Lafayette & Cleaves St.
  • Above Grade Finished Sq Ft: 2310.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Efficiency: Programmable Thermostat, High Efficiency Water Heater, Double Pane Windows
  • Building Stories: 2
  • Year Built: 1900
  • Attribution Contact: 207-773-1990
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2310.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: 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
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 31200.0
  • Income Expenses Operating Expenses: 6156.0
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Parking:Off Site: Yes
  • Roof:RolledHot Mop: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Transportation:Deep Water Access: Yes
  • Foundation Materials:Granite2: Yes
  • Location:Near Railroad: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Transportation:Rail Available: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors, Level Entry
  • Has Basement: Walk-Out Access, Full, Doghouse, Unfinished
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Landscaped, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Granite
  • Patio And Porch Features: Porch
  • Roof: Flat, Rolled/Hot Mop, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Off Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, 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: 4356.0
  • Parcel #: BIDD-000042-000000-000050
  • Zoning: R1A

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31200.0
  • Annual Operating Expense: 6156.0

Tax Info

  • Tax Annual Amount: 3254.0
  • Tax Book Number: 17572
  • Tax Lot: 50
  • Tax Map Number: 42
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 20, 2021
Sold by
Roberge David R
Bought by
Lavoie Abigail
Seller's Agent
Darren McGovern
Advisors Living, LLC
Buyer's Agent
Dominik Porobic
Keller Williams Realty
List Price
$339,900
Sold Price
$339,900
Current Estimated Value
$518,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,904
Avg. Annual Appreciation
12.28%
Original Mortgage
$333,743
Outstanding Balance
$308,277
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$227,541

Purchase Details

Listed on
May 31, 2017
Closed on
Oct 2, 2017
Sold by
Swain James D and Swain Sarah V
Bought by
Roberge David R
Seller's Agent
Tim Madden
Assist-2-Sell Home Team Advantage
Buyer's Agent
Jennifer Eri Susan Croteau
Bean Group
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.48%
Original Mortgage
$123,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
Gipson Carrie A
Bought by
Swain James D and Swain Sarah V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,006
Interest Rate
6.41%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Lavoie Abigail -- None Available
Roberge David R -- --
Swain James D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavoie Abigail $333,743
Previous Owner Roberge David R $123,750
Previous Owner Swain James D $189,006
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $339,900 0.0% $147 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $339,900 +106.0% $147 / Sq Ft
09/29/2017 09/29/17 Sold $165,000 -5.7% $71 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $174,900 -- $76 / 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 $4,900 $344,600 $128,900 $215,700
2023 $4,478 $341,300 $128,900 $212,400
2022 $3,679 $224,200 $64,800 $159,400
2021 $3,498 $191,900 $54,000 $137,900
2020 $3,254 $162,300 $45,900 $116,400
2019 $3,243 $162,300 $45,900 $116,400
2018 $3,197 $162,300 $45,900 $116,400
2017 $3,157 $157,300 $45,900 $111,400
2016 $3,124 $157,300 $45,900 $111,400
2015 $3,063 $157,300 $45,900 $111,400
2014 $2,987 $157,300 $45,900 $111,400
2013 -- $175,000 $68,300 $106,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1488626

Maine Listings

APN: BIDD-000042-000000-000050