NOT LISTED FOR SALE

103 E Grand Ave Old Orchard Beach, ME 04064

Estimated Value: $821,000 - $1,229,000

5 Beds
6 Baths
2,767 Sq Ft
$375/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $675,000 $244 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,232/month

281 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Public Beach
  • Deck
  • Ocean Front
  • Country Club
  • Property is near public transit

About This Home

As of September 2020

Beachside of East Grand Ave. 2 unit home with owners residence on the first floor. The second floor is operated seasonally as the 'Auberge Beachside Apartment' featuring 3 bedroom suites each with their own private bath and balcony. Each room is tastefully decorated including a flat screen TV. There is a common area kitchen and sitting area available to guests on the second floor with a wall mounted TV. A nice place to gather after a day at the beach. Private ROW(Right of Way) to miles of sandy beach.
This property can be a an enjoyable family compound or beach rental property. Winter rentals are also a possibility. Short distance to Old Orchard Beach town center and Pine Point in Scarborough.

Last Agent to Sell the Property

Donald Pilon

Bean Group Listed on: 07/16/2020

Last Buyer's Agent

Don Pilon

Agency 1 Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,020

Year Built

  • Built in 1910

Lot Details

  • 7,841 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Fenced
  • Landscaped
  • Level Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,767 Sq Ft Home
  • 2-Story Property
  • Storm Windows
  • Stove
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Deck
  • Shed
  • Enclosed Glass Porch

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number OOBH-000303-000001-000006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Recreation

  • Country Club

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,020

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: East Grand Ave., to #103 Beach side of the road. Sign on premises.
  • Above Grade Finished Sq Ft: 2767.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Efficiency: Storm Windows
  • Building Stories: 2
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 2767.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Deeded: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Heat Fuel:Pellets: Yes
  • Style:New Englander: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Recreational Water:Beach Rights: Yes
  • Energy Efficiency:Storm Windows: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Right of Way, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Near Public Transit
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Stove, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 23

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: OOBH-000303-000001-000006
  • Zoning: BRD

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 8020.0
  • Tax Lot: 6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 8, 2020
Sold by
Menard Brigitte H and Galetto Louis
Bought by
Okm Prop Management Llc
Seller's Agent
Donald Pilon
Bean Group
Buyer's Agent
Don Pilon
Agency 1 Real Estate
List Price
$730,000
Sold Price
$675,000
Premium/Discount to List
-$55,000
-7.53%
Current Estimated Value
$1,038,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,147
Avg. Annual Appreciation
8.74%
Original Mortgage
$540,000
Outstanding Balance
$479,214
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$558,933

Purchase Details

Closed on
Mar 6, 2013
Sold by
Menard Brigitte H
Bought by
Galetto Louis and Menard Brigitte H
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
Okm Prop Management Llc -- None Available
Galetto Louis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okm Prop Management Llc $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2020 09/08/20 Sold $675,000 -7.5% $244 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
10/08/2019 10/08/19 For Sale $730,000 -- $264 / 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 $9,259 $851,000 $439,100 $411,900
2023 $8,510 $746,500 $395,500 $351,000
2022 $8,167 $667,200 $353,700 $313,500
2021 $8,007 $565,500 $299,500 $266,000
2020 $7,699 $499,300 $253,300 $246,000
2019 $7,739 $499,300 $253,300 $246,000
2018 $6,931 $453,000 $253,300 $199,700
2017 $5,935 $378,000 $223,600 $154,400
2016 $5,765 $372,900 $218,500 $154,400
2015 $5,661 $372,900 $218,500 $154,400
2014 $5,549 $372,900 $218,500 $154,400
2013 $5,146 $372,900 $218,500 $154,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Donald Pilon

    Bean Group

  • D

    Buyer's Agent in 2020

    Don Pilon

    Agency 1 Real Estate

See All Agents

Map

Source: Maine Listings

MLS Number: 1435659

Maine Listings

APN: OOBH-000303-000001-000006

Maine York County Old Orchard Beach 04064

103 E Grand Ave, Old Orchard Beach, ME

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