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Seller's Agent in 2024
Elise Kiely
Legacy Properties Sotheby's International Realty
(207) 838-1050
1 in this area
139 Total Sales
1 Tripoli Ave Old Orchard Beach, ME 04064
--
Bed
7
Baths
3,193
Sq Ft
3,920
Sq Ft Lot
Highlights
- 61 Feet of Waterfront
- New Construction
- Contemporary Architecture
- Public Beach
- Deck
- Wood Flooring
About This Home
As of September 2024Luxury new construction (2023) beachfront home offering stunning views from the oversized windows in virtually every room with flexibility to use as a 7BR single family or as a 5BR home with a separate 2BR/2BA dwelling for multigenerational living or as a profitable rental. High end finishes throughout both kitchens, living spaces and all 5 full and 2 half baths. The elevator services all 3 levels allowing everyone to enjoy the entire home with ease. Beautifully designed and appointed, the home is available fully furnished and appointed for a turnkey experience. Perfectly situated and protected by the dunes, the beach lifestyle with surfing, swimming or fishing for stripers is right out your door. Don't miss this rare opportunity to own your dream home in one of Maine's most coveted beachfront locations.
Last Agent to Sell the Property
Legacy Properties Sotheby's International Realty Listed on: 04/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,796
Year Built
- Built in 2023 | New Construction
Lot Details
- 3,920 Sq Ft Lot
- 61 Feet of Waterfront
- Ocean Front
- Public Beach
- Landscaped
- Level Lot
- Open Lot
Parking
- 3 Car Direct Access Garage
- Tandem Parking
- Driveway
Property Views
- Water
- Scenic Vista
Home Design
- Contemporary Architecture
- Concrete Foundation
- Wood Frame Construction
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,193 Sq Ft Home
- 3-Story Property
- Furnished
- Laundry on main level
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- In-Law or Guest Suite
- Bathtub
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Heating System Uses Propane
- Gas Water Heater
- Water Heated On Demand
Additional Features
- Accessible Elevator Installed
- Deck
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Legal Lot and Block 1 / 8
- Assessor Parcel Number OOBH-000319-000008-000001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2024
Closed on
Sep 26, 2024
Sold by
Lacroix Julie and Lacroix Pierre
Bought by
Globevest Capital Re Lp
Seller's Agent
Elise Kiely
Legacy Properties Sotheby's International Realty
Buyer's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$4,100,000
Sold Price
$3,500,000
Premium/Discount to List
-$600,000
-14.63%
Views
148
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
-$155,128
Avg. Annual Appreciation
-8.05%
Original Mortgage
$12,393,000
Outstanding Balance
$12,277,317
Interest Rate
6.46%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$9,037,492
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 | $3,500,000 | None Available | |
| Warranty Deed | $3,500,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1 | Stand Alone Refi Refinance Of Original Loan | |
| Open | $12,393,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $12,393,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $1,200,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $3,500,000 | -7.9% | $1,096 / Sq Ft |
| 08/01/2024 08/01/24 | Pending | -- | -- | -- |
| 07/08/2024 07/08/24 | Price Changed | $3,800,000 | -7.3% | $1,190 / Sq Ft |
| 04/17/2024 04/17/24 | For Sale | $4,100,000 | -- | $1,284 / 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 | $25,825 | $2,373,600 | $1,003,100 | $1,370,500 |
| 2023 | $14,796 | $1,297,900 | $912,100 | $385,800 |
| 2022 | $12,905 | $1,054,300 | $793,000 | $261,300 |
| 2021 | $11,553 | $815,900 | $594,800 | $221,100 |
| 2020 | $11,187 | $725,500 | $524,500 | $201,000 |
| 2019 | $11,245 | $725,500 | $524,500 | $201,000 |
| 2018 | $11,070 | $723,500 | $524,500 | $199,000 |
| 2017 | $10,177 | $648,200 | $471,100 | $177,100 |
| 2016 | $9,893 | $639,900 | $454,200 | $185,700 |
| 2015 | $9,714 | $639,900 | $454,200 | $185,700 |
| 2014 | $9,522 | $639,900 | $454,200 | $185,700 |
| 2013 | $8,831 | $639,900 | $454,200 | $185,700 |
Source: Public Records
Agents Affiliated with this Home
-
Elise Kiely
-
Troy Williams
Buyer's Agent in 2024
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
(207) 351-8188
6 in this area
1,098 Total Sales
Map
Source: Maine Listings
MLS Number: 1586653
APN: OOBH-000319-000008-000001
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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