NOT LISTED FOR SALE

71 Pike St Biddeford, ME 04005

Downtown Biddeford Neighborhood

Estimated Value: $625,000 - $855,716

5 Beds
3.5 Baths
3,787 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $700,000 $185 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,454/month

Highlights

  • 0.33 Acre Lot
  • No HOA
  • Zoned Heating
  • Colonial Architecture
  • 1 Car Detached Garage
  • 4-minute walk to Clifford Park

About This Home

As of April 2023

Fully Renovated 3 Unit Building

Last Agent to Sell the Property

Sarem Al-Shawk

F.O. Bailey Real Estate Listed on: 04/27/2023

Last Buyer's Agent

Sarem Al-Shawk

Maine Real Estate Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,708

Year Built

  • Built in 1890

Lot Details

  • 0.33 Acre Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,787 Sq Ft Home
  • Vinyl Flooring
  • Unfinished Basement
  • Exterior Basement Entry

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 277
  • Assessor Parcel Number BIDD-000039-000000-000277

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $6,000
  • Gross Income $55,296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,708

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Left on Pool St to 71 Pike on right
  • Above Grade Finished Sq Ft: 3787.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 184.84
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3787.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: 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
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 55296.0
  • Income Expenses Operating Expenses: 6000.0
  • Style:Colonial: Yes
  • Basement Entry:Exterior Only: Yes
  • Advertising Remarks:Advertising Remarks: Fully Renovated 3 unit Building.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Vinyl

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, Common, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: 14374.8
  • Parcel #: BIDD-000039-000000-000277
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 55296.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 4708.0
  • Tax Lot: 277
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Apr 24, 2023
Sold by
Al Ahram Llc
Bought by
Rammahi Zainab A
Seller's Agent
Sarem Al-Shawk
F.O. Bailey Real Estate
Buyer's Agent
Sarem Al-Shawk
Maine Real Estate Co
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$734,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,929
Avg. Annual Appreciation
1.90%
Original Mortgage
$632,335
Outstanding Balance
$614,532
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$120,397
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rammahi Zainab A $700,000 None Available
Rammahi Zainab A $700,000 None Available
Rammahi Zainab A $700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rammahi Zainab A $632,335
Closed Rammahi Zainab A $632,335
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2023 04/27/23 Sold $700,000 0.0% $185 / Sq Ft
04/27/2023 04/27/23 For Sale $700,000 +150.0% $185 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
01/03/2022 01/03/22 Sold $280,000 -6.7% $98 / Sq Ft View Prior Sale
12/07/2021 12/07/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $300,000 -- $105 / 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 $6,874 $483,400 $138,600 $344,800
2023 $6,050 $461,100 $138,600 $322,500
2022 $4,708 $286,900 $72,400 $214,500
2021 $4,479 $245,700 $59,200 $186,500
2020 $4,102 $204,600 $46,100 $158,500
2019 $4,088 $204,600 $46,100 $158,500
2018 $4,031 $204,600 $46,100 $158,500
2017 $3,978 $198,200 $46,100 $152,100
2016 $3,936 $198,200 $46,100 $152,100
2015 $3,664 $198,200 $46,100 $152,100
2014 $3,574 $198,200 $46,100 $152,100
2013 -- $222,200 $53,300 $168,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sarem Al-Shawk

    F.O. Bailey Real Estate

  • Julie Rosenthal

    Seller's Agent in 2022

    Julie Rosenthal

    Portside Real Estate Group

    (207) 329-5521

    2 in this area

    131 Total Sales

    Julie Rosenthal
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Map

Source: Maine Listings

MLS Number: 1557190

Maine Listings

APN: BIDD-000039-000000-000277

Maine York County Biddeford 04005 Downtown Biddeford

71 Pike St, Biddeford, ME

Not Listed for Sale

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