NOT LISTED FOR SALE

74 May St Biddeford, ME 04005

Estimated Value: $521,742 - $749,000

6 Beds
3 Baths
3,416 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $365,000 $107 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,290/month

23 Days on Market

Highlights

  • Deck
  • New Englander Architecture
  • No HOA
  • Wood Flooring
  • Main Floor Bedroom
  • In-Law or Guest Suite

About This Home

As of April 2021

Large Two-Family with non-conforming accessory unit on a very large lot. Wooded backyard and off street parking. Many updates including: renovations to kitchen, mud room, master suite, windows, bathroom, new oil tank, roofs, etc. See attached Improvement List for all improvements from 2013-present. This is a great walking neighborhood and just down the street from Memorial Park (Mayfield) which has amenities including playground, swings, tennis court with lights, tennis wall, pickle ball courts, basketball courts Little League fields, picnic tables, etc. Close to hospital, turnpike access, shopping, downtown, local beaches. Ready to Invest?

Last Agent to Sell the Property

Cynthia Dubois-Cote

Keller Williams Realty Listed on: 02/25/2021

Last Buyer's Agent

Jonny Carr Kathie Carr

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,429

Year Built

  • Built in 1920

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,416 Sq Ft Home
  • Dirt Floor
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane

Listing and Financial Details

  • Tax Lot 106
  • Assessor Parcel Number BIDD-000033-000000-000106

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,700
  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,429

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: May St is off South St or Rte 111/Alfred St in Biddeford.
  • Above Grade Finished Sq Ft: 3416.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 102.46
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3416.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 23400.0
  • Income Expenses Operating Expenses: 8700.0
  • Basement:Dirt Floor: Yes
  • Parking:Paved3: Yes
  • Amenities:In-Law Apartment: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: Large 2 Family with non-conforming accessory unit on a very large lot. Wooded backyard and off street parking. Many updates including: renovations to kitchen, mud room, master suite, windows, bathroom, new oil tank, roofs, etc. See attached Improvement List for all improvements from 2013-present. This is a great walking neighborhood and just down the street from Memorial Park (Mayfield) which has amenities including playground, swings, tennis court with lights, tennis wall, pickle ball courts, basketball courts Little League fields, picnic tables, etc. Close to hospital, turnpike access, shopping, downtown, local beaches. Ready to Invest? For more information, please call CJ Dubois-Cote at 207-615-1663 or email cjduboiscote@kw.com.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Not Applicable
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, In-Law Floorplan

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Air
  • 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: 14810.4
  • Parcel #: BIDD-000033-000000-000106
  • Zoning: R1A

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23400.0
  • Annual Operating Expense: 8700.0

Tax Info

  • Tax Annual Amount: 3429.0
  • Tax Lot: 106
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 16, 2021
Sold by
Bonneau Paulette
Bought by
Ozana Mpeki and Lembissa Sergio
Seller's Agent
Cynthia Dubois-Cote
Keller Williams Realty
Buyer's Agent
Jonny Carr Kathie Carr
Bean Group
List Price
$350,000
Sold Price
$365,000
Premium/Discount to List
$15,000
4.29%
Current Estimated Value
$553,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,753
Avg. Annual Appreciation
10.47%
Original Mortgage
$326,821
Outstanding Balance
$295,316
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$292,870

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 18, 2018
Sold by
Gregory Aaron C and Gregory Austin R
Bought by
Bonneau Paulette
Seller's Agent
Joshua Keller
Keller Williams Realty
Buyer's Agent
Josh Keller
Great American Realty
List Price
$275,000
Sold Price
$273,650
Premium/Discount to List
-$1,350
-0.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$250,594
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 5, 2014
Closed on
Dec 26, 2014
Sold by
Mello Marco and Mello Rieco
Bought by
Gregory Aaron C and Gregory Austin R
Seller's Agent
Benjamin Byther
RE/MAX Realty One
Buyer's Agent
Steven Drew
Bean Group
List Price
$176,900
Sold Price
$160,000
Premium/Discount to List
-$16,900
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%
Original Mortgage
$157,102
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2010
Sold by
Kimball Margaret L
Bought by
Mello Marco and Mello Rieco
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ozana Mpeki -- None Available
Bonneau Paulette -- --
Gregory Aaron C -- --
Mello Marco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozana Mpeki $326,821
Previous Owner Bonneau Paulette $250,594
Previous Owner Gregory Aaron C $157,102
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2021 04/16/21 Sold $365,000 +4.3% $107 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $350,000 +27.9% $102 / Sq Ft
10/17/2018 10/17/18 Sold $273,650 -0.5% -- View Prior Sale
09/13/2018 09/13/18 For Sale $275,000 +71.9% --
09/08/2018 09/08/18 Pending -- -- --
12/24/2014 12/24/14 Sold $160,000 -9.6% $49 / Sq Ft View Prior Sale
09/16/2014 09/16/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $176,900 -- $54 / 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 $4,963 $349,000 $156,100 $192,900
2023 $4,504 $343,300 $153,300 $190,000
2022 $3,760 $229,100 $86,200 $142,900
2021 $3,586 $196,700 $73,000 $123,700
2020 $3,429 $171,000 $66,400 $104,600
2019 $3,417 $171,000 $66,400 $104,600
2018 $3,369 $171,000 $66,400 $104,600
2017 $3,304 $164,600 $66,400 $98,200
2016 $3,269 $164,600 $66,400 $98,200
2015 $3,166 $162,600 $66,400 $96,200
2014 $3,088 $162,600 $66,400 $96,200
2013 -- $198,100 $76,400 $121,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1481847

Maine Listings

APN: BIDD-000033-000000-000106