Seller's Agent in 2024
Veronica Schneider
Portside Real Estate Group
(207) 838-4034
1 in this area
120 Total Sales
99 May St Biddeford, ME 04005
--
Bed
2
Baths
1,667
Sq Ft
0.25
Acres
Highlights
- No HOA
- 1-Story Property
- Level Lot
- Tile Flooring
- Baseboard Heating
About This Home
As of July 2024This multifamily property presents an excellent investment opportunity with two units. The first-floor unit features three bedrooms and one bathroom, ideal for either owner occupancy or as an investment opportunity. Upstairs, the second unit offers two bedrooms and one bathroom, suited for individuals or small families. Both units share access to an expansive .25-acre yard, perfect for leisure and outdoor activities.
Additional highlights include a generous driveway with ample parking and a sought-after location opposite Memorial Park, providing easy access to green spaces for outdoor enjoyment. Located conveniently close to shopping areas, this property merges comfort with practicality, making it an attractive option for renters or an owner-occupant interested in generating additional income. Act fast to secure this desirable multifamily property!
Last Buyer's Agent
Daniel Meuse
Keller Williams Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,480
Year Built
- Built in 1890
Lot Details
- 0.25 Acre Lot
- Level Lot
- Open Lot
Home Design
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 1,667 Sq Ft Home
- 1-Story Property
- Laundry on main level
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 98
- Assessor Parcel Number BIDD-000027-000000-000098
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $11,431
- Gross Income $13,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2024
Closed on
Jul 23, 2024
Sold by
Lamb Robert J
Bought by
Domingos Julio and Domingos Maria Elizabeth
Seller's Agent
Veronica Schneider
Portside Real Estate Group
Buyer's Agent
Daniel Meuse
Keller Williams Realty
List Price
$439,900
Sold Price
$497,000
Premium/Discount to List
$57,100
12.98%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,653
Avg. Annual Appreciation
2.44%
Original Mortgage
$485,052
Outstanding Balance
$481,881
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
$29,346
Purchase Details
Listed on
Jun 9, 2021
Closed on
Aug 19, 2021
Sold by
Andrews Roger L
Bought by
Lamb Robert J
Seller's Agent
Tyler Hall
Keller Williams Realty
Buyer's Agent
Amanda Tanguay
Reali Realty, LLC
List Price
$360,000
Sold Price
$375,000
Premium/Discount to List
$15,000
4.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$368,207
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Closed on
May 28, 2021
Sold by
Maine Avenue Mgmt Llc
Bought by
Andrews Roger L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 29, 2020
Sold by
Perfect Fit Prop Solution
Bought by
Maine Avenue Mgmt Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 2020
Sold by
Mouzas Milton J
Bought by
Perfect Fit Prop Solution
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $497,000 | None Available | |
| Warranty Deed | $497,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $485,052 | FHA | |
| Closed | $485,052 | FHA | |
| Previous Owner | $368,207 | FHA | |
| Previous Owner | $250,000 | Purchase Money Mortgage | |
| Previous Owner | $245,000 | New Conventional | |
| Previous Owner | $196,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2024 07/23/24 | Sold | $497,000 | +13.0% | $298 / Sq Ft |
| 05/19/2024 05/19/24 | Pending | -- | -- | -- |
| 05/16/2024 05/16/24 | For Sale | $439,900 | +17.3% | $264 / Sq Ft |
| 08/19/2021 08/19/21 | Sold | $375,000 | +4.2% | $225 / Sq Ft |
| 07/04/2021 07/04/21 | Pending | -- | -- | -- |
| 05/21/2021 05/21/21 | For Sale | $360,000 | -- | $216 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,937 | $347,200 | $147,600 | $199,600 |
| 2023 | $4,480 | $341,500 | $144,900 | $196,600 |
| 2022 | $3,766 | $229,500 | $81,700 | $147,800 |
| 2021 | $2,704 | $148,300 | $69,200 | $79,100 |
| 2020 | $2,611 | $130,200 | $62,800 | $67,400 |
| 2019 | $2,601 | $130,200 | $62,800 | $67,400 |
| 2018 | $43,403 | $130,200 | $62,800 | $67,400 |
| 2017 | $46,949 | $127,500 | $62,800 | $64,700 |
| 2016 | $2,532 | $127,500 | $62,800 | $64,700 |
| 2015 | $2,288 | $127,500 | $62,800 | $64,700 |
| 2014 | $2,231 | $127,500 | $62,800 | $64,700 |
| 2013 | -- | $157,200 | $74,300 | $82,900 |
Source: Public Records
Agents Affiliated with this Home
-
Veronica Schneider
-
D
Buyer's Agent in 2024
Daniel Meuse
Keller Williams Realty
-
Tyler Hall
Seller's Agent in 2021
Tyler Hall
Keller Williams Realty
(207) 747-3414
1 in this area
117 Total Sales
-
A
Buyer's Agent in 2021
Amanda Tanguay
Reali Realty, LLC
Map
Source: Maine Listings
MLS Number: 1589849
APN: BIDD-000027-000000-000098
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