NOT LISTED FOR SALE

Estimated Value: $459,000 - $478,000

4 Beds
2 Baths
2,142 Sq Ft
$219/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $385,000 $180 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,839/month

7 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of January 2023

Built in 1920, this 2,142 sq. ft. 2-unit multi family property offers 1 upstairs and 1 downstairs apartment. The downstairs unit offers 2 bedrooms, 1 bathroom and tiled flooring in the kitchen and living space. Upstairs you will find 3 bedroom, 1 bath unit with hardwood flooring, new oak kitchen cabinetry, washer / dryer hook-ups and charming French doors. The exterior of the property has new vinyl siding, windows and doors all installed in 2019, as well as a maintenance free metal roof installed in 2020. Each unit is heated by super efficient natural gas. This property is located centrally to downtown Biddeford and is close to public transportation. An excellent opportunity to invest in a multi unit with a great annual return!

Last Agent to Sell the Property

Bailey Pate

Keller Williams Realty Listed on: 12/19/2022

Last Buyer's Agent

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,777

Year Built

  • Built in 1920

Lot Details

  • 1,742

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,142 Sq Ft Home
  • Multi-Level Property
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Tile

Parking

  • No Driveway
  • On-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Additional Features

  • 1,742 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 243
  • Assessor Parcel Number BIDD-000038-000000-000243

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,204
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,777

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly - Elm St to Mason St, 2nd stop sign is Green St. Left on to Green St. House is on the left.
  • Above Grade Finished Sq Ft: 2142.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 178.34
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.04
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2142.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 38400.0
  • Income Expenses Operating Expenses: 6204.0
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Basement:Slab2: Yes
  • Driveway:No Driveway: Yes
  • Heat System:Direct Vent Heater: Yes
  • Parking:No Parking: Yes
  • Parking:On Street: Yes
  • Advertising Remarks:Advertising Remarks: It's time to invest in a Multi Unit with a great annual return! New vinyl siding, windows and doors were all installed 2019. A maintenance free metal roof was installed in 2020. Great location close to public transportation and down town Biddeford.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Flooring: Tile, Laminate

Exterior Features

  • Lot Features: Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, None, On Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 1742.4
  • Parcel #: BIDD-000038-000000-000243
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38400.0
  • Annual Operating Expense: 6204.0

Tax Info

  • Tax Annual Amount: 2777.0
  • Tax Lot: 243
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Jan 24, 2023
Sold by
Worcester Wayne
Bought by
Harrison Green Llc
Seller's Agent
Bailey Pate
Keller Williams Realty
Buyer's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$382,000
Sold Price
$385,000
Premium/Discount to List
$3,000
0.79%
Current Estimated Value
$469,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,019
Avg. Annual Appreciation
7.20%

Purchase Details

Closed on
Jan 26, 2005
Sold by
Goodale Tracy L and Goodale James L
Bought by
Lavertu Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
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
Harrison Green Llc $385,000 None Available
Lavertu Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lavertu Michael $128,000
Previous Owner Lavertu Michael $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2023 01/25/23 Sold $385,000 +0.8% $180 / Sq Ft
12/26/2022 12/26/22 Pending -- -- --
12/19/2022 12/19/22 For Sale $382,000 -- $178 / 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 $4,434 $311,800 $103,700 $208,100
2023 $4,049 $308,600 $103,700 $204,900
2022 $2,777 $169,200 $53,600 $115,600
2021 $2,627 $144,100 $43,900 $100,200
2020 $2,382 $118,800 $34,100 $84,700
2019 $2,374 $118,800 $34,100 $84,700
2018 $2,340 $118,800 $34,100 $84,700
2017 $2,314 $115,300 $34,100 $81,200
2016 $2,290 $115,300 $34,100 $81,200
2015 $2,245 $115,300 $34,100 $81,200
2014 $2,190 $115,300 $34,100 $81,200
2013 -- $172,500 $58,100 $114,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1549926

Maine Listings

APN: BIDD-000038-000000-000243