NOT LISTED FOR SALE

Estimated Value: $567,000 - $665,000

5 Beds
3 Baths
2,600 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $592,000 $228 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,938/month

11 Days on Market

Highlights

  • Public Beach
  • Property is near public transit
  • No HOA
  • Deck
  • Wood Flooring
  • 4-minute walk to Clifford Park

About This Home

As of January 2024

Minimum Qualifications: verified income of 2.5 x monthly rent; credit score of 600+; tenant must secure renter's insurance upon move in.

Last Listed By

Blake Dowe

Freeman Group-Residential Real Estate Brokerage Listed on: 12/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,856

Year Built

  • Built in 1934

Lot Details

  • 5,663 Sq Ft Lot
  • Public Beach
  • Open Lot

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Gambrel Roof
  • Flat Roof Shape
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,600 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Block 222
  • Assessor Parcel Number BIDD-000039-000000-000222

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $22,700
  • Gross Income $61,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,856

Year Built

Built in 1934

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2600.0
  • Architectural Style: Gambrel, Multi-Level
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1934
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2600.0
  • 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:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 61800.0
  • Income Expenses Operating Expenses: 22700.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Dirt Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Style:Gambrel: Yes
  • Exterior:Aluminum Siding: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Flat: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Tile, Carpet

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Aluminum Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Flat, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Biddeford Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: BIDD-000039-000000-000222
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 61800.0
  • Annual Operating Expense: 22700.0

Tax Info

  • Tax Annual Amount: 4856.0
  • Tax Block: 222
  • Tax Book Number: 17573
  • Tax Lot: -
  • Tax Map Number: 39
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Jan 31, 2024
Sold by
Dowe Blake
Bought by
Hawkes Megan
Seller's Agent
Blake Dowe
Freeman Group-Residential Real Estate Brokerage
Buyer's Agent
Kaili Moore
Portside Real Estate Group
List Price
$589,000
Sold Price
$592,000
Premium/Discount to List
$3,000
0.51%
Total Days on Market
11
Views
5
Current Estimated Value
$620,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,648
Avg. Annual Appreciation
3.62%
Original Mortgage
$562,400
Outstanding Balance
$555,712
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$63,221

Purchase Details

Listed on
Jun 15, 2017
Closed on
Oct 3, 2017
Sold by
Camire Jason R
Bought by
Dowe Blake
Seller's Agent
Cari Turnbull Barbara Deschenes
Bean Group
Buyer's Agent
Veronica Schneider
Downeast Realty, Inc.
List Price
$250,000
Sold Price
$234,500
Premium/Discount to List
-$15,500
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.73%
Original Mortgage
$226,673
Interest Rate
3.89%
Mortgage Type
FHA

Range of Values:

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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
Hawkes Megan $592,000 None Available
Dowe Blake -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkes Megan $562,400
Previous Owner Dowe Blake $285,500
Previous Owner Dowe Blake $280,000
Previous Owner Dowe Blake $226,673
Previous Owner Camire Jason R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 For Rent $1,900 0.0% --
10/08/2024 10/08/24 Off Market $1,900 -- --
01/31/2024 01/31/24 Sold $592,000 +0.5% $228 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $589,000 +151.2% $227 / Sq Ft
09/29/2017 09/29/17 Sold $234,500 -6.2% --
08/11/2017 08/11/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $250,000 -- --
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 $5,769 $405,700 $125,000 $280,700
2023 $5,272 $401,800 $125,000 $276,800
2022 $4,856 $295,900 $61,400 $234,500
2021 $4,652 $255,200 $50,200 $205,000
2020 $4,120 $205,500 $39,100 $166,400
2019 $4,106 $205,500 $39,100 $166,400
2018 $4,048 $205,500 $39,100 $166,400
2017 $2,966 $147,800 $39,100 $108,700
2016 $2,935 $147,800 $39,100 $108,700
2015 $2,878 $147,800 $39,100 $108,700
2014 $2,807 $147,800 $39,100 $108,700
2013 -- $207,600 $62,700 $144,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1578489

Maine Listings

APN: BIDD-000039-000000-000222