311 Main Street

311 Main Street has been categorized by the local assessors in Biddeford, ME as a commercial type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 3 bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 311 Main Street has 6,090 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,049 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The building has a flat style roof made of tar and gravel. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 311 Main Street was last sold in Feb 7, 2024 for $743,893. According to our calculations, that's $122.15 per sqft. Prior to that sales transaction, the property was sold for $365,600 in Jan 1, 1970. Current property owners are expected to pay $5,525 in taxes per year. The property on 311 Main Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $336,700. To break that down further, the land itself was valued at $117,900. While improvements to the property were assessed at a total of $218,800. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.