NOT LISTED FOR SALE

1 Ocean Meadows Dr Unit 16 Ogunquit, ME 03907

Ogunquit Neighborhood

Estimated Value: $580,000 - $719,598

2 Beds
2 Baths
1,014 Sq Ft
$495/mo HOA Fee

Last Sold August 07, 2023

Last sale price $475,000 $468 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,085/month

3 Days on Market

Highlights

  • Public Beach
  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Wells Junior High School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of August 2023

Welcome to Ocean Meadows - whether you are looking for a year round place to call home in Ogunquit or a seaside escape - you have found it! Ocean Meadows is conveniently located and accessible to Footbridge Beach, Downtown Ogunquit, Ogunquit Beach and some of the areas best restaurants. Come enjoy life at Ocean Meadows today - this two bedroom two bath single level condo is perfect for you!

Last Agent to Sell the Property

Dawson Sibley

RE/MAX Realty One Listed on: 07/07/2023

RE/MAX Realty One

Last Buyer's Agent

Rick Cosseboom

Anchor Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 1985

Lot Details

  • Property fronts a private road
  • Public Beach

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,014 Sq Ft Home
  • 1 Fireplace
  • Living Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Location

  • City Lot

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 016 / 005
  • Assessor Parcel Number OGUN-000013-000005-000016

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,400

Year Built

Built in 1985

Lot Details

0

HOA Fees

$495 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private
  • MLS Status: Closed
  • Directions: From the center of Ogunquit travel north approximately 1.5 miles. Ocean Meadows will be on the left, turn in and follow the road, when it comes to a fork stay to the left. Pass the pool and the unit will be on the left.
  • Above Grade Finished Sq Ft: 1014.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1014.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 495.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 4
  • Water Heater:Electric2: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space, Exterior Entry, Bulkhead, Exterior Only
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 495.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: OGUN-000013-000005-000016
  • Zoning: RRD1

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 2400.0
  • Tax Block: 005
  • Tax Book Number: 17732
  • Tax Lot: 016
  • Tax Map Number: 013
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Mancarella Jeffrey J and Flolo Todd N
Bought by
Vandervort Frank E and Leese Darin R
Current Estimated Value
$638,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Outstanding Balance
$501,604
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$137,046

Purchase Details

Listed on
Jul 7, 2023
Closed on
Jul 24, 2023
Sold by
Dunn Ft and Capuccio
Bought by
Mancarella Jeffrey J and Flolo Todd N
Seller's Agent
Dawson Sibley
RE/MAX Realty One
Buyer's Agent
Rick Cosseboom
Anchor Real Estate
List Price
$419,000
Sold Price
$475,000
Premium/Discount to List
$56,000
13.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%

Purchase Details

Closed on
Jun 13, 2018
Sold by
Dunn Norma A
Bought by
Dunn Richard E

Purchase Details

Closed on
Sep 16, 2005
Sold by
Ingraham Barbara G and Ingraham Murray J
Bought by
Dunn Norma A and Dunn Richard E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vandervort Frank E -- None Available
Vandervort Frank E -- None Available
Mancarella Jeffrey J $475,000 None Available
Mancarella Jeffrey J $475,000 None Available
Dunn Richard E -- --
Dunn Richard E -- --
Dunn Norma A -- --
Dunn Norma A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandervort Frank E $508,000
Closed Vandervort Frank E $508,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2023 08/07/23 Sold $475,000 +13.4% $468 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $419,000 -- $413 / 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 $2,453 $379,700 $131,300 $248,400
2023 $2,453 $379,700 $131,300 $248,400
2022 $2,400 $379,700 $131,300 $248,400
2021 $1,801 $221,300 $17,900 $203,400
2020 $1,770 $221,300 $17,900 $203,400
2019 $1,770 $221,300 $17,900 $203,400
2018 $1,750 $221,300 $17,900 $203,400
2017 $1,677 $221,300 $17,900 $203,400
2016 $2,438 $301,400 $4,400 $297,000
2015 $2,432 $301,400 $4,400 $297,000
2014 $2,339 $301,400 $4,400 $297,000
Source: Public Records

Agents Affiliated with this Home

  • Dawson Sibley

    Seller's Agent in 2023

    Dawson Sibley

    RE/MAX

    (207) 333-0400

    17 in this area

    64 Total Sales

    Dawson Sibley
    Section Image
  • Rick Cosseboom

    Buyer's Agent in 2023

    Rick Cosseboom

    Anchor Real Estate

    (207) 251-0373

    36 in this area

    191 Total Sales

    Rick Cosseboom
    Section Image
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Map

Source: Maine Listings

MLS Number: 1564520

Maine Listings

APN: OGUN-000013-000005-000016

Maine York County Ogunquit 03907 Ogunquit

1 Ocean Meadows Dr Unit 16, Ogunquit, ME

This home is located at 1 Ocean Meadows Dr Unit 16, Ogunquit, ME 03907 since 07 July 2023 and is currently estimated at $638,650, approximately $629 per square foot. This property was built in 1985. 1 Ocean Meadows Dr Unit 16 is a home located in York County with nearby schools including Wells Junior High School, Wells Elementary School, and Wells High School.

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