5 Belmont Avenue

5 Belmont Avenue has been categorized by the local assessors in Biddeford, ME as a residential type of property. The building on the property was first built in 1951 and is 73 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5 Belmont Avenue has 1,407 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 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as fair. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. The property was last sold in Jan 11, 2019 for $207,800. That's $147.69 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $110,100. 5 Belmont Avenue was last assessed in 2022. The total value of the property was assessed at $195,000. Specifically, the land the property is located on was valued at $75,200. While improvements on the property were assessed at a total of $119,800. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,200. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.