NOT LISTED FOR SALE

73 Prospect St Biddeford, ME 04005

Estimated Value: $473,000 - $537,000

3 Beds
3 Baths
2,210 Sq Ft
$230/Sq Ft Est. Value

Sale Details

Date Sold: September 3, 2020

Last sale price $325,000 $147 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,116 / mo

2 Days on Market

Highlights

  • New Englander Architecture
  • Property is near shops
  • Baseboard Heating
  • No HOA
  • Forced Air Heating System
  • Carpet

About This Home

As of September 2020

New to the MKT - A great opportunity to own a 3-Unit investment property in Biddeford. Located on the corner of Prospect Street and Winter Street this building offers plenty of off-street parking and is close to local conveniences. You'll find 3 well cared for units with many recent updates, efficient heating system, and more! Showings begin Thursday 7/9 between 10:00 – 3:00pm. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Greg Robert

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 07/07/2020

Coldwell Banker Realty

Last Buyer's Agent

Catherine Hodge

Salt Real Estate Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,081

Year Built

  • Built in 1900

Lot Details

  • 6,098

Home Design

  • New Englander Architecture
  • Pitched Roof
  • Shingle Roof
  • Fiberglass Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,210 Sq Ft Home
  • 2-Story Property
  • Interior Basement Entry

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • 6,098 Sq Ft Lot
  • Property is near shops

Listing and Financial Details

  • Tax Lot 315
  • Assessor Parcel Number BIDD-000034-000000-000315

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $9,447
  • Gross Income $24,225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,081

Year Built

Built in 1900

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • MLS Status: Closed
  • Directions: Alfred St to Clark St to Prospect St. Property on the corner of Prospect and Winter St.
  • Above Grade Finished Sq Ft: 2210.0
  • Architectural Style: New Englander, Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1900
  • Attribution Contact: 207-282-5988
  • Contract Information:List PriceSqFt: 140.23
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 3
  • Flooring: Carpet, Laminate, Vinyl
  • Stories: 2

Exterior Features

  • Waterfront: No
  • Roof: Fiberglass, Pitched, Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Fuses
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: BIDD-000034-000000-000315
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24225.0
  • Annual Operating Expense: 9447.0

Tax Info

  • Tax Annual Amount: 3081.0
  • Tax Lot: 315
  • Tax Year: 2019

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
Jul 7, 2020
Closed on
Sep 3, 2020
Sold by
Bought by
Seller's Agent
Greg Robert
Coldwell Banker Realty
Buyer's Agent
Catherine Hodge
Salt Real Estate Co
List Price
$309,900
Sold Price
$325,000
Premium/Discount to List
$15,100
4.87%
Current Estimated Value
$509,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,339
Avg. Annual Appreciation
8.14%
Original Mortgage
$243,750
Outstanding Balance
$214,268
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$295,071

Purchase Details

Closed on
Mar 14, 2019
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
$144,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- 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 $243,750
Previous Owner $144,000
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
09/03/2020 09/03/20 Sold $325,000 +4.9% $147 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $309,900 -- $140 / 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 $4,953 $331,500 $137,800 $193,700
2024 $4,661 $327,800 $137,800 $190,000
2023 $4,234 $322,700 $135,400 $187,300
2022 $3,466 $211,200 $73,200 $138,000
2021 $3,327 $182,500 $61,900 $120,600
2020 $3,092 $154,200 $56,300 $97,900
2019 $3,081 $154,200 $56,300 $97,900
2018 $3,038 $154,200 $56,300 $97,900
2017 $3,173 $158,100 $56,300 $101,800
2016 $3,140 $158,100 $56,300 $101,800
2015 $3,078 $158,100 $56,300 $101,800
2014 $3,002 $158,100 $56,300 $101,800
2013 -- $173,500 $63,100 $110,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1459348

Maine Listings

APN: BIDD-000034-000000-000315

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