NOT LISTED FOR SALE

108 W Grand Ave Old Orchard Beach, ME 04064

Estimated Value: $569,000 - $999,000

2 Beds
6 Baths
3,200 Sq Ft
$263/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $689,000 $215 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,395/month

311 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Porch
  • Nearby Water Access
  • No HOA
  • Tile Flooring

About This Home

As of April 2021

Spectacular location just steps to the beach, Ocean Park and the OOB Strip! This property has been completely remodeled and is a huge money maker. All 3 units rent for $2200 a week in summer & $1500 a month in the winter. Pretty much booked the entire year. Huge parking area, sun porches on two units and gas grill areas in the back.

Last Agent to Sell the Property

Steven Chicoine

Keller Williams Realty Listed on: 03/01/2021

Keller Williams Realty

Last Buyer's Agent

Kathleen Beaudoin

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,888

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • Multi-Level Property
  • Water Views

Flooring

  • Carpet
  • Laminate
  • Tile

Finished Basement

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

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Porch

Location

  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 108WestGrandAveOldOrchardBeach04064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,888

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: West grand Ave to building number 108
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 2000.0
  • Property Information:SqFt Finished Below Grade: 1200.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Cooling:Central Air: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Heater: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 6
  • Below Grade Sq Ft: 1200.0
  • Flooring: Tile, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Public Beach, Neighborhood
  • Waterfront Features: Bay, Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, Off Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Direct Vent Heater, Baseboard, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 108WestGrandAveOldOrchardBeach04064
  • Zoning: BRD

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6888.0
  • Tax Block: 1
  • Tax Book Number: 17042
  • Tax Lot: 5
  • Tax Map Number: 313
  • Tax Year: 2019

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold $689,000 -13.8% $215 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
05/01/2020 05/01/20 For Sale $799,000 +135.0% $250 / Sq Ft
06/19/2015 06/19/15 Sold $340,000 -24.4% $105 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
08/05/2014 08/05/14 For Sale $450,000 -- $139 / 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 $6,017 $553,000 $401,300 $151,700
2023 $5,564 $488,100 $357,000 $131,100
2022 $5,289 $432,100 $310,300 $121,800
2021 $4,867 $343,700 $248,200 $95,500
2020 $4,722 $306,200 $209,900 $96,300
2019 $4,746 $306,200 $209,900 $96,300
2018 $4,619 $301,900 $209,900 $92,000
2017 $4,325 $275,500 $188,300 $87,200
2016 $4,156 $268,800 $181,600 $87,200
2015 $4,080 $268,800 $181,600 $87,200
2014 $4,000 $268,800 $181,600 $87,200
2013 $3,709 $268,800 $181,600 $87,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1450747

Maine Listings

APN: OOBH-000303-000004-000001