NOT LISTED FOR SALE

86 May St Biddeford, ME 04005

Estimated Value: $362,000 - $486,000

4 Beds
2 Baths
1,464 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $312,000 $213 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,696/month

6 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • 1 Car Detached Garage
  • New Englander Architecture
  • No HOA
  • Double Pane Windows

About This Home

As of September 2020

Welcome to 86 May Street! This awesome two unit property Is move in ready! The New boiler, Fresh paint, updated fixtures, and updated wiring will let you rest at night knowing the work is Done. The second Floor is reinsulated and the windows have been replaced for energy efficiency. All of this on a large lot with a garage in the heart of an awesome neighborhood.

Last Listed By

Casey Gray

RE/MAX Coastal Listed on: 08/03/2020

RE/MAX Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Landscaped

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,464 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Crawl Space

Location

  • Suburban Location
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number BIDD-000027-000000-000042

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,734
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,045

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • MLS Status: Closed
  • Directions: Elm to Beacon at the end Left to May Street 86 on the right
  • Above Grade Finished Sq Ft: 1464.0
  • Architectural Style: New Englander, Other Style
  • Garage Yn: Yes
  • Efficiency: Low E Windows, Double Pane Windows
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1464.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 1.0
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 31200.0
  • Income Expenses Operating Expenses: 5734.0
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Low E Windows: Yes
  • Foundation Materials:Granite2: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Landscaped, Intown, Suburban
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: BIDD-000027-000000-000042
  • Zoning: R1A

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31200.0
  • Annual Operating Expense: 5734.0

Tax Info

  • Tax Annual Amount: 3045.0
  • Tax Book Number: 18054
  • Tax Lot: 42
  • Tax Map Number: 27
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 28, 2020
Sold by
Heldenbrand Alexis
Bought by
Clare Holmes Lt
Seller's Agent
Casey Gray
RE/MAX Coastal
Buyer's Agent
Ezra Provost
Benchmark Real Estate
List Price
$289,000
Sold Price
$312,000
Premium/Discount to List
$23,000
7.96%
Total Days on Market
6
Current Estimated Value
$419,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,786
Avg. Annual Appreciation
7.08%
Original Mortgage
$249,600
Outstanding Balance
$224,995
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$202,977

Purchase Details

Listed on
May 17, 2019
Closed on
Sep 23, 2019
Sold by
Rgs Properties Inc
Bought by
Heldenbrand Alexis
Seller's Agent
Leo Bourgeault
Coldwell Banker Realty
Buyer's Agent
Casey Gray
RE/MAX Coastal
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.42%
Original Mortgage
$189,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2013
Sold by
Acfp Llc
Bought by
Rgs Props Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.52%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 21, 2011
Sold by
Lamontagne Leo
Bought by
Acfp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,787
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2007
Sold by
Petit Jeffrey R and Mckenney Joseph A
Bought by
Chick Donna E and Lamontagne Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,700
Interest Rate
6.24%
Mortgage Type
Unknown

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
Clare Holmes Lt -- None Available
Heldenbrand Alexis -- --
Acfp Llc -- --
Chick Donna E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clare Holmes Lt $249,600
Previous Owner Heldenbrand Alexis $189,000
Previous Owner Rgs Props Inc $110,000
Previous Owner Acfp Llc $48,787
Previous Owner Chick Donna E $224,700
Previous Owner Petit Jeffrey R $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $312,000 +8.0% $213 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $289,000 +37.6% $197 / Sq Ft
09/23/2019 09/23/19 Sold $210,000 -6.7% $143 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $225,000 -- $154 / 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 $4,428 $311,400 $152,400 $159,000
2023 $4,019 $306,300 $149,600 $156,700
2022 $3,328 $202,800 $84,200 $118,600
2021 $3,179 $174,400 $71,200 $103,200
2020 $3,056 $152,400 $64,700 $87,700
2019 $3,045 $152,400 $64,700 $87,700
2018 $3,002 $152,400 $64,700 $87,700
2017 $2,988 $148,900 $64,700 $84,200
2016 $2,957 $148,900 $64,700 $84,200
2015 $2,899 $148,900 $64,700 $84,200
2014 $2,828 $148,900 $64,700 $84,200
2013 -- $160,900 $75,400 $85,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1462958

Maine Listings

APN: BIDD-000027-000000-000042