NOT LISTED FOR SALE

Estimated Value: $907,000 - $1,288,000

8 Beds
7 Baths
1,936 Sq Ft
$567/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $875,000 $452 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,256/month

132 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Wood Flooring
  • Wells Junior High School Rated A-
  • Deck
  • 3-minute walk to Dorothea Jacobs Grant Common

About This Home

As of October 2022

Located in the heart of the beautiful oceanside community of Ogunquit, this 8 bedroom, 7 bath property is perfect for a large family; or use your imagination for many other potential uses to generate income. Located in the General Business District 1, there are many possibilities. For over 25 years, this home had operated as a successful Inn. From the welcoming porch entrance to the ample parking and outdoor shower, this property can have it all. It is in need of rehab and is being sold as-is. The first floor features a kitchen, living room with gas stove, 3 season porch, 2 bedrooms with private baths, as well as a suite with bedroom, sitting room, full bath and kitchen sink. Follow the charm of the old wood banister to the second floor where you will find another suite with an entire kitchen and private bath, as well as 2 additional bedrooms with private baths, one of which has it's own private deck and entrance. Continue to the 3rd floor for 2 additional bedrooms with private baths.
This is a great opportunity to be in this sought-after location, just a short distance to all of Ogunquit's major attractions - beach, theatre, art galleries, restaurants, Village Center, Marginal Way and Perkins Cove. .2 mi to the town center, .4 mi to the beach (or take the shortcut path in the backyard), 1 mi to Perkins Cove.

Last Agent to Sell the Property

Brenda Maggy

Lexi Leddy Real Estate LLC Listed on: 05/04/2022

Last Buyer's Agent

Kenneth Greene

Classic Maine Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,026

Year Built

  • Built in 1925

Lot Details

  • 9,148 Sq Ft Lot
  • Public Beach
  • Fenced
  • Level Lot
  • Property is zoned GB1

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,936 Sq Ft Home
  • Multi-Level Property
  • Skylights
  • Living Room

Kitchen

  • Stove
  • Gas Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Bedroom Suite
  • 7 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Balcony
  • Deck
  • Shed
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number OGUN-000006-000000-000062

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,026

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Ownership: Fiduciary
  • MLS Status: Closed
  • Directions: From South: 1-95 North Exit 7 to York/Ogunquit Merge to Spur Rd Left on US Rte 1 108 Main St will be on right From North: I-95 South Exit 19 to Wells/Sanford Left on Sanford Rd ME 109/9 Right onto Chapel Rd Right onto US Rte 1 108 Main will be on left
  • Above Grade Finished Sq Ft: 1936.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Year Built: 1925
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 1936.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Fence: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Living Room:Living Room: Yes
  • Room Features:Suite17: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Basement:Dirt Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Kitchen Amenities:Skylight20: Yes
  • Room Features:Skylight32: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Room Features:Heat Stove29: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Room Features:BalconyDeck17: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Bedroom Amenities 3:Full Bath3: Yes
  • Bedroom Amenities 3:Suite3: Yes
  • Bedroom Amenities 4:Full Bath4: Yes
  • Bedroom Amenities 4:Suite4: Yes
  • Bedroom Amenities 5:BalconyDeck5: Yes
  • Bedroom Amenities 7:Full Bath9: Yes
  • Bedroom Amenities 8:Full Bath10: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Has Basement: Dirt Floor, Exterior Only
  • Full Bathrooms: 7
  • Total Bedrooms: 8
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Bedroom 5:Bedroom 5 Level: Second
  • Bedroom 6:Bedroom 6 Level: Second
  • Bedroom 7:Bedroom 7 Level: Third
  • Bedroom 8:Bedroom 8 Level: Third

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Near Public Beach, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, 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

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Multi-Zones, 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: 9147.6
  • Parcel #: OGUN-000006-000000-000062
  • Zoning: GB1

Tax Info

  • Tax Annual Amount: 4026.0
  • Tax Lot: 62
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Stevenson Elizabeth K and Narsule Chaitan K
Bought by
108 Main Street Ogt Llc
Current Estimated Value
$1,098,577

Purchase Details

Listed on
May 4, 2022
Closed on
Oct 18, 2022
Sold by
Tosi Robert K Est
Bought by
Narsule Chaitan K and Stevenson Elizabeth K
Seller's Agent
Brenda Maggy
Lexi Leddy Real Estate LLC
Buyer's Agent
Kenneth Greene
Classic Maine Realty, LLC
List Price
$1,200,000
Sold Price
$875,000
Premium/Discount to List
-$325,000
-27.08%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Jul 27, 2011
Sold by
Moody Richard & Sons Cons
Bought by
Cascella Carl A
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
108 Main Street Ogt Llc -- None Available
108 Main Street Ogt Llc -- None Available
Narsule Chaitan K $875,000 None Available
Narsule Chaitan K $875,000 None Available
Cascella Carl A -- --
Cascella Carl A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2022 10/19/22 Sold $875,000 -27.1% $452 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $1,200,000 -- $620 / 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 $5,173 $800,800 $501,500 $299,300
2023 $5,080 $786,400 $501,500 $284,900
2022 $4,928 $779,800 $501,500 $278,300
2021 $3,853 $494,600 $286,500 $208,100
2020 $963 $494,600 $286,500 $208,100
2019 $3,193 $494,600 $286,500 $208,100
2018 $4,816 $608,800 $358,100 $250,700
2017 $4,615 $608,800 $358,100 $250,700
2016 $4,597 $568,200 $358,100 $210,100
2015 $4,588 $568,500 $358,100 $210,400
2014 $4,412 $568,500 $358,100 $210,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1526922

Maine Listings

APN: OGUN-000006-000000-000062