NOT LISTED FOR SALE

8 Wellspring Rd Biddeford, ME 04005

Estimated Value: $204,892

1.06 Acres
$193,294 Price per Acre
46,174 Sq Ft Lot

Last Sold July 09, 2019

Last sale price $55,000

Est. 273% increase in value since last sale

Current estimated payment $1,284/month

4 Days on Market

Highlights

  • 1.06 Acre Lot
  • Cul-De-Sac
  • Property is near shops

About This Lot

As of July 2019

Excellent opportunity at excellent price! Zoning allows for multiple professional or commercial use. Located at Biddeford's easterly gateway near Southern Maine Healthcare, Biddeford Crossing, Robert Dodge Business Park and the Maine Turnpike.

Last Agent to Sell the Property

Kevin Robert

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 06/21/2019

Coldwell Banker Realty

Last Buyer's Agent

NON-MREIS AGENT

Non MREIS Agency

Property Details

Property Type

  • Land

Lot Details

  • 1.06 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is zoned I-3 & SP

Parking

  • No Driveway

Location

  • Property is near shops
  • City Lot

Utilities

  • Underground Utilities
  • Electricity Not Available
  • Natural Gas Not Available

Community Details

  • Property has a Home Owners Association
  • Wellspring Commons Condominium Association Et Al Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 47-32
  • Assessor Parcel Number 2/47-32

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.06
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Wellspring Commons Condominium Association et al
  • Directions: From Exit 32 of the Maine Turnpike take left onto Route 111 (Alfred Road) to Wellspring Road on left. From Route 1 take right onto Route 111 (Alfred Road) to Wellspring Road on Right.
  • Attribution Contact: 207-282-5988
  • Property Information:Lot Size Acres -: 1.06
  • Water Info:Water Frontage2: No
  • Water:Public3: Yes
  • Location Information:Fee Frequency Paid: Annually
  • Gas:No Gas: Yes
  • Roads:Dead End: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:Mobile Homes Allowed: No
  • Electric:No Electric: Yes
  • Site:Cul-De-Sac: Yes
  • Electric:Underground: Yes
  • Sewer:Quasi-Public: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Cul-De-Sac, Intown, Near Shopping, Near Turnpike/Interstate, Shopping Mall
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: Underground, No Electric
  • Sewer: Quasi-Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 46173.6
  • Parcel #: 2/47-32
  • Zoning: I-3 & SP

Tax Info

  • Tax Annual Amount: 1906.65
  • Tax Book Number: 3772
  • Tax Lot: 47-32
  • Tax Map Number: 2
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2024
Sold by
Eastwoods Dev Corp
Bought by
Casco Bay Ambulance Svc I
Current Estimated Value
$204,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$138,281
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$65,497

Purchase Details

Listed on
Jun 21, 2019
Closed on
Jul 9, 2019
Sold by
Paul David F
Bought by
Eastwoods Dev Corp
Seller's Agent
Kevin Robert
Coldwell Banker Realty
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.48%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Casco Bay Ambulance Svc I $175,000 None Available
Casco Bay Ambulance Svc I $175,000 None Available
Eastwoods Dev Corp -- --
Eastwoods Dev Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casco Bay Ambulance Svc I $140,000
Closed Casco Bay Ambulance Svc I $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold $55,000 -21.3% --
06/26/2019 06/26/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $69,900 -- --
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 $1,760 $123,800 $123,800 $0
2023 $1,624 $123,800 $123,800 $0
2022 $1,559 $95,000 $95,000 $0
2021 $1,732 $95,000 $95,000 $0
2020 $1,905 $95,000 $95,000 $0
2019 $1,898 $95,000 $95,000 $0
2018 $3,023 $95,000 $95,000 $0
2017 $1,907 $95,000 $95,000 $0
2016 $1,642 $82,700 $82,700 $0
2015 $1,610 $82,700 $82,700 $0
2014 $1,570 $82,700 $82,700 $0
2013 -- $94,000 $94,000 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kevin Robert

    Coldwell Banker Realty

    (207) 967-9900

    8 Total Sales

    Kevin Robert
    Section Image

  • N

    Buyer's Agent in 2019

    NON-MREIS AGENT

    Non MREIS Agency

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Map

Source: Maine Listings

MLS Number: 1421095

Maine Listings

APN: BIDD-000002-000000-000047-000004

Maine York County Biddeford 04005

8 Wellspring Rd, Biddeford, ME

This home is located at 8 Wellspring Rd, Biddeford, ME 04005 since 21 June 2019 and is currently estimated at $204,892. 8 Wellspring Rd is a home located in York County with nearby schools including John F Kennedy Memorial School, Biddeford Primary School, and Biddeford Intermediate School.

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