NOT LISTED FOR SALE

Estimated Value: $471,140 - $576,000

5 Beds
2 Baths
1,976 Sq Ft
$253/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2023

Last sale price $520,000 $263 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,207 / mo

8 Days on Market

Highlights

  • Property is near public transit and shops
  • No HOA
  • Bathtub
  • Corner Lot
  • 2 Car Detached Garage
  • Storage

About This Home

As of January 2023

Got the rising interest rate blues? Then check out this 2.99% ASSUMABLE RATE duplex in Biddeford. This property also boasts a SURVEYED BUILDABLE LOT in a neighborhood that's seen plenty of new construction just this summer. Solid building on granite foundation with the upstairs unit having been recently renovated. Whether for a savvy investor looking to sell the lot to reimburse their down payment, build a modular home and collect big rent checks, or hold long term to enjoy Biddeford's hottest neighborhood with an interest rate you might never see again. Minutes from the downtown food and art scene now famous in the travel blog community. Very close to UNE's student populace in need of housing as well as Southern Maine Medical Center and Maine Medical Center whose large population of travel nurses have nowhere to rent. Biddeford isn't up and coming; it's arrived. Be a part of a proud city rising where the water falls that's giving Portland a run for its money as the crown jewel of southern Maine.

Last Agent to Sell the Property

Owen Seekamp

Harborview Properties, Inc. Listed on: 11/25/2022

Last Buyer's Agent

Jonny Carr Kathie Carr

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,551

Year Built

  • Built in 1870

Lot Details

  • 13,939 Sq Ft Lot
  • Property fronts a freeway
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Shingle Siding
  • Asbestos

Interior Spaces

  • 1,976 Sq Ft Home
  • Multi-Level Property
  • Storage
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Location

  • Property is near public transit and shops

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Water Heater

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number BIDD-000035-000000-000107

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $10,938
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,551

Year Built

Built in 1870

Lot Details

0.32 Acres

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1976.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1870
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 247.47
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.32
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1976.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 21600.0
  • Income Expenses Operating Expenses: 10937.56
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • Water Heater:Tank: Yes
  • Basement:Sump Pump: Yes
  • Foundation Materials:Granite2: Yes
  • Exterior:Asbestos: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Advertising Remarks:Advertising Remarks: Got the rising interest rate blues? Then check out this 2.99% ASSUMABLE RATE duplex in Biddeford. This property also boasts a SURVEYED BUILDABLE LOT in a neighborhood that's seen plenty of new construction just this summer. Solid building on granite foundation with the upstairs unit having been recently renovated. Whether for a savvy investor looking to sell the lot to reimburse their down payment, build a modular home and collect big rent checks, or hold long term to enjoy Biddeford's hottest neighborhood with an interest rate you might never see again. Minutes from the downtown food and art scene now famous in the travel blog community. Very close to UNE's student populace in need of housing as well as Southern Maine Medical Center and Maine Medical Center whose large population of travel nurses have nowhere to rent. Biddeford isn't up and coming; it's arrived. Be a part of a proud city rising where the water falls that's giving Portland a run for its money as the crown jewel of southern Maine.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Sump Pump, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: Bathtub, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit
  • Waterfront: No
  • Construction Type: Shingle Siding, Asbestos, Wood Frame
  • Foundation Details: Granite
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced 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: 13939.2
  • Parcel #: BIDD-000035-000000-000107
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21600.0
  • Annual Operating Expense: 10937.56

Tax Info

  • Tax Annual Amount: 2551.0
  • Tax Lot: 107
  • Tax Year: 2022

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
Nov 25, 2022
Closed on
Jan 17, 2023
Sold by
Bought by
Seller's Agent
Owen Seekamp
Harborview Properties, Inc.
Buyer's Agent
Jonny Carr Kathie Carr
Bean Group
List Price
$489,000
Sold Price
$520,000
Premium/Discount to List
$31,000
6.34%
Current Estimated Value
$500,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,215
Avg. Annual Appreciation
-1.06%
Original Mortgage
$442,000
Interest Rate
0.0633%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 13, 2021
Closed on
Sep 3, 2021
Sold by
Bought by
Seller's Agent
Robert Letellier
RE/MAX Realty One
Buyer's Agent
Owen Seekamp
Harborview Properties, Inc.
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.79%
Original Mortgage
$353,479
Interest Rate
0.028%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 3, 2006
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
$44,000
Interest Rate
0.0632%
Mortgage Type
Unknown
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
$520,000 None Available
-- 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 $442,000
Previous Owner $353,479
Closed $135,750
Closed $138,400
Closed $12,600
Previous Owner $44,000
Previous Owner $176,000
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 Prior Sale
01/17/2023 01/17/23 Sold $520,000 +6.3% $263 / Sq Ft
11/25/2022 11/25/22 For Sale $489,000 +35.8% $247 / Sq Ft
09/03/2021 09/03/21 Sold $360,000 -4.0% $183 / Sq Ft View Prior Sale
07/19/2021 07/19/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $375,000 -- $190 / 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 $5,483 $367,000 $154,300 $212,700
2024 $5,163 $363,100 $154,300 $208,800
2023 $4,686 $357,200 $151,500 $205,700
2022 $2,967 $180,800 $85,200 $95,600
2021 $2,835 $155,500 $72,100 $83,400
2020 $2,743 $136,800 $65,500 $71,300
2019 $2,733 $136,800 $65,500 $71,300
2018 $2,695 $136,800 $65,500 $71,300
2017 $2,689 $134,000 $65,500 $68,500
2016 $2,661 $134,000 $65,500 $68,500
2015 $2,609 $134,000 $65,500 $68,500
2014 $2,545 $134,000 $65,500 $68,500
2013 -- $164,300 $75,900 $88,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1548801

Maine Listings

APN: BIDD-000035-000000-000107

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