NOT LISTED FOR SALE

7 Summit St Biddeford, ME 04005

Estimated Value: $461,856 - $513,000

4 Beds
2 Baths
2,328 Sq Ft
$212/Sq Ft Est. Value

Last Sold November 13, 2012

Last sale price $125,000 $54 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $3,166/month

195 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Baseboard Heating
  • No HOA
  • Forced Air Zoned Heating System
  • Level Lot

About This Home

As of November 2012

Two-Family in super neighborhood close to shopping and turnpike entrance. Detached garage, nice yard. Great owner-occupied potential.

Last Agent to Sell the Property

Dick Buffum

RE/MAX Realty One Listed on: 03/19/2012

Last Buyer's Agent

Robert Letellier

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1880

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,328 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Parking

  • Detached Garage
  • Driveway

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 158
  • Assessor Parcel Number 7Summit StreetBiddefor27158

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,021

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Biddeford Exit turn left onto Alfred St. Past 5 Points Shopping Center. Summit is on the left.
  • Above Grade Finished Sq Ft: 2328.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2328.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: 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:Vinyl: Yes
  • Floors:Wood3: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water Heater:Oil2: Yes
  • Equipment:Cable: Yes
  • Electric:Fuses: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Shingle Siding, Wood Frame
  • Foundation Details: Other
  • Roof: Pitched, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 7Summit StreetBiddefor27158
  • Zoning: R1A

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3021.0
  • Tax Book Number: 10656
  • Tax Lot: 158
  • Tax Map Number: 27
  • Tax Year: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Nov 15, 2012
Sold by
Neithercut Adam P
Bought by
Lessard Joshua P
Seller's Agent
Dick Buffum
RE/MAX Realty One
Buyer's Agent
Robert Letellier
RE/MAX Realty One
List Price
$179,900
Sold Price
$125,000
Premium/Discount to List
-$54,900
-30.52%
Current Estimated Value
$493,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,964
Avg. Annual Appreciation
11.39%
Original Mortgage
$207,830
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Lessard Joshua P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lessard Joshua P $90,000
Closed Lessard Joshua P $207,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2012 11/13/12 Sold $125,000 -30.5% $54 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $179,900 -- $77 / 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 $4,873 $342,700 $131,400 $211,300
2023 $4,427 $337,400 $129,100 $208,300
2022 $4,093 $249,400 $75,200 $174,200
2021 $3,938 $216,000 $63,600 $152,400
2020 $3,777 $188,400 $57,800 $130,600
2019 $3,764 $188,400 $57,800 $130,600
2018 $3,711 $188,400 $57,800 $130,600
2017 $3,679 $183,300 $57,800 $125,500
2016 $3,640 $183,300 $57,800 $125,500
2015 $3,374 $183,300 $57,800 $125,500
2014 $3,291 $183,300 $57,800 $125,500
2013 -- $202,100 $71,300 $130,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1045112

Maine Listings

APN: BIDD-000027-000000-000158