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503 Elm St

Biddeford, ME 04005

3 bd 2 ba 2,438 sqft Built 1947 Lot 65,340 sqft single_family
Most recent sale
$540,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $540,000 Public Record
Jul 11, 2022 Relisted $549,000 MaineListings
Jun 29, 2022 Price changed $549,000 MaineListings
May 31, 2022 Price changed $599,000 MaineListings
Apr 19, 2022 Price changed $649,000 MaineListings
Apr 11, 2022 Listed $699,000 MaineListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $354,900 $168,800 $523,700 $7,824
2023 $348,200 $168,800 $517,000 $6,783
2022 $293,100 $93,300 $386,400 $6,341
2021 $245,500 $77,700 $323,200 $5,892
2020 $224,400 $66,100 $290,500 $5,825
2019 $224,400 $66,100 $290,500 $5,804
2018 $224,400 $66,100 $290,500 $5,723
2017 $216,400 $66,100 $282,500 $5,670
2016 $216,400 $66,100 $282,500 $5,610
2015 $216,400 $66,100 $282,500 $5,500
2014 $216,400 $66,100 $282,500 $5,365
2012 $227,100 $69,000 $296,100 $4,412
2009 $227,100 $69,000 $296,100 $4,184
2007 $227,100 $69,000 $296,100 $4,037

Property facts

Year built
1947
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,438 sqft
Lot size
65,340 sqft
ZIP code
04005
City
Biddeford
Street
Elm St
Coordinates
43.47460, -70.47842

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,657
Gross rental yield
8.13%
Implied cap rate
5.28%
Trend-extrapolated value

Frequently asked questions

When did 503 Elm St last sell?
503 Elm St most recently sold on Aug 29, 2022 for $540,000.
What is the current tax assessment for 503 Elm St?
The most recent total assessment for 503 Elm St (year 2025) is $523,700 with $7,824 in property tax.
How does 503 Elm St's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $540,000.
When was 503 Elm St built?
503 Elm St was built in 1947.
How does 503 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 503 Elm St?
503 Elm St is a 3 bed, 2 bath, 2,438 sqft, 65,340 sqft lot single_family.
Is 503 Elm St a flip candidate?
No — 503 Elm St does not appear in our flips dataset.
Is 503 Elm St a tax-appeal candidate?
No — 503 Elm St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.6%
Implied 1-yr
+14.4%
2026 Q1
$674.5K
2026 Q2
$694.2K
ZIP 04005 — Median Price History + Forecast

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