NOT LISTED FOR SALE

Estimated Value: $867,000 - $1,048,372

5 Beds
3 Baths
2,288 Sq Ft
$428/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $790,000 $345 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,100/month

12 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Corner Lot
  • Public Beach
  • New Englander Architecture
  • No HOA

About This Home

As of November 2021

Welcome to 10 Colby Avenue- truly an extraordinary offering! Located in the heart of Ocean Park, on the beach block, this 3 unit home has been lovingly restored and well maintained. Originally built in 1881, this iconic Ocean Park cottage is full of fun inside and out! Just steps to the ocean, and Ocean Park shops and activities, the expansive front porch is perfect for outdoor enjoyment and entertaining. The enchanting fenced in yard is surrounded by stunning perennials, and the side patio offers privacy for one of the two adorable rental units! The open concept main floor plan includes gleaming wood floors, multiple seating areas for gathering and dining, and a custom staircase to 3 second level sleeping areas - a spacious loft and 2 bedrooms- one with a lovely ocean view! The 2 apartments have private exterior entries and are perfect for rental income or extended family/guest privacy. This quintessential beach cottage is a perfect family home or investment property, or combination of the two. Truly an extraordinary Ocean Park gem!

Last Agent to Sell the Property

Sandra Murray

Keller Williams Realty Listed on: 09/16/2021

Keller Williams Realty

Last Buyer's Agent

Nancy Beaulieu

Mulkerin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,956

Year Built

  • Built in 1881

Lot Details

  • 2,614 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned R-3

Parking

  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,288 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Water Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Ocean Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 4
  • Assessor Parcel Number OOBH-000321-000004-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,956

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: Ocean Park
  • Directions: West Grand Avenue to Colby Avenue. House is on the corner of Colby and Seaside.
  • Above Grade Finished Sq Ft: 2288.0
  • Architectural Style: Cottage, Multi-Level, New Englander
  • Garage Yn: No
  • Year Built: 1881
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2288.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Roof:RolledHot Mop: Yes
  • Style:New Englander: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Basement
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second
  • Bedroom 5:Bedroom 5 Level: Basement

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Landscaped, Intown, Near Public Beach, Near Town, Neighborhood
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Rolled/Hot Mop, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: OOBH-000321-000004-000005
  • Zoning: R-3

Tax Info

  • Tax Annual Amount: 6956.0
  • Tax Block: 4
  • Tax Book Number: 10029
  • Tax Lot: 5
  • Tax Map Number: 321
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 12, 2021
Sold by
Mcbride Nancy A
Bought by
Wechsler Helen S and Belliveau Amy
Seller's Agent
Sandra Murray
Keller Williams Realty
Buyer's Agent
Nancy Beaulieu
Mulkerin Real Estate
List Price
$799,000
Sold Price
$790,000
Premium/Discount to List
-$9,000
-1.13%
Current Estimated Value
$973,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,632
Avg. Annual Appreciation
4.89%
Original Mortgage
$592,500
Outstanding Balance
$548,727
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$397,153
Source: Public Records

Range of Values:

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Average Value
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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
Wechsler Helen S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wechsler Helen S $592,500
Previous Owner Mcbride Nancy A $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $790,000 -1.1% $345 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $799,000 -- $349 / 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 $9,535 $876,400 $547,000 $329,400
2023 $9,015 $790,800 $504,800 $286,000
2022 $8,391 $685,500 $438,900 $246,600
2021 $7,074 $499,600 $314,800 $184,800
2020 $6,570 $451,100 $272,000 $179,100
2019 $6,992 $451,100 $272,000 $179,100
2018 $6,215 $442,800 $272,000 $170,800
2017 $6,553 $417,400 $248,300 $169,100
2016 $6,232 $403,100 $234,000 $169,100
2015 $6,119 $403,100 $234,000 $169,100
2014 $5,998 $403,100 $234,000 $169,100
2013 $5,563 $403,100 $234,000 $169,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1509160

Maine Listings

APN: OOBH-000321-000004-000005