S
Seller's Agent in 2022
Shawn Googins
Landing Real Estate
(207) 332-7865
4 in this area
46 Total Sales
11 16th St Old Orchard Beach, ME 04064
--
Bed
4
Baths
2,331
Sq Ft
2,614
Sq Ft Lot
Highlights
- Nearby Water Access
- Country Club
- New Englander Architecture
- Public Beach
- Wood Flooring
- Corner Lot
About This Home
As of July 2022Location is everything! Currently fully rented three unit within walking distance to Old Orchard beach, Palace Playland, The Pier, shopping, restaurants, bars, and entertainment. Excellent income property or better yet, live in one unit and rent two!
Excellent rental history!
COVID-19: Due to nationwide concerns about COVID-19 and do not schedule showings if the buyer's agent or buyers exhibits cold/flu-like symptoms or meets any of the criteria for self-quarantine mandated by the CDC. Out of state buyers must have a negative COVID test within 72 hours of arrival. MASKS & GLOVES REQUIRED. By proceeding with scheduling a showing, you are acknowledging this requirement & agreeing you are not aware of any issues of this nature
Last Agent to Sell the Property
Ann Marie Thompson
Better Homes & Gardens Real Estate/The Masiello Group Listed on: 04/05/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,081
Year Built
- Built in 1920
Lot Details
- 2,614 Sq Ft Lot
- Public Beach
- Corner Lot
- Level Lot
Parking
- 1 Car Garage
- Driveway
- Off-Street Parking
Home Design
- 2,331 Sq Ft Home
- New Englander Architecture
- Concrete Foundation
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Flooring
- Wood
- Carpet
- Vinyl
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Utilities
- No Cooling
- Forced Air Zoned Heating System
- Heating System Uses Oil
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Hot Water Heating System
- Electric Water Heater
- Internet Available
Additional Features
- 4 Full Bathrooms
- Nearby Water Access
- Property is near a golf course
Listing and Financial Details
- Legal Lot and Block 1 / 8
- Assessor Parcel Number OOBH-000311-000008-000001
Community Details
Overview
- No Home Owners Association
- 3 Units
Recreation
- Country Club
Building Details
- Operating Expense $12,000
- Gross Income $30,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2022
Closed on
Jul 15, 2022
Sold by
Kilcollins Bret C
Bought by
Berg Charles T
Seller's Agent
Shawn Googins
Landing Real Estate
Buyer's Agent
Danny Reali
Portside Real Estate Group
List Price
$631,000
Sold Price
$631,000
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
$116,657
Avg. Annual Appreciation
5.47%
Original Mortgage
$368,211
Outstanding Balance
$352,834
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$389,537
Purchase Details
Listed on
Apr 5, 2021
Closed on
Jun 30, 2021
Sold by
Flood Peter A
Bought by
Kilcollins Bret C
Seller's Agent
Ann Marie Thompson
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Ann Marie Kennedy Thompson
Pine Tree Realty of Maine
List Price
$349,900
Sold Price
$290,000
Premium/Discount to List
-$59,900
-17.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
111.18%
Original Mortgage
$284,747
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 7, 2015
Sold by
Allen John E
Bought by
Flood Peter A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,464
Interest Rate
4.12%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 24, 2008
Sold by
Jordan Edwin J and Jordan Stacy E
Bought by
Allen John E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,533
Interest Rate
6.03%
Mortgage Type
FHA
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 | $631,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $368,211 | Purchase Money Mortgage | |
| Previous Owner | $284,747 | FHA | |
| Previous Owner | $137,464 | FHA | |
| Previous Owner | $127,200 | FHA | |
| Previous Owner | $135,533 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2022 07/15/22 | Sold | $631,000 | 0.0% | $271 / Sq Ft |
| 03/10/2022 03/10/22 | Pending | -- | -- | -- |
| 03/10/2022 03/10/22 | For Sale | $631,000 | +117.6% | $271 / Sq Ft |
| 06/30/2021 06/30/21 | Sold | $290,000 | -17.1% | $124 / Sq Ft |
| 04/16/2021 04/16/21 | Pending | -- | -- | -- |
| 02/10/2021 02/10/21 | For Sale | $349,900 | -- | $150 / 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 | $5,798 | $532,900 | $88,000 | $444,900 |
| 2023 | $5,241 | $459,700 | $73,400 | $386,300 |
| 2022 | $3,541 | $289,300 | $63,800 | $225,500 |
| 2021 | $2,950 | $208,300 | $51,600 | $156,700 |
| 2020 | $3,066 | $198,800 | $46,900 | $151,900 |
| 2019 | $3,081 | $198,800 | $46,900 | $151,900 |
| 2018 | $2,944 | $192,400 | $46,900 | $145,500 |
| 2017 | $2,905 | $185,000 | $40,800 | $144,200 |
| 2016 | $2,843 | $183,900 | $39,700 | $144,200 |
| 2015 | $2,792 | $183,900 | $39,700 | $144,200 |
| 2014 | $2,736 | $183,900 | $39,700 | $144,200 |
| 2013 | $2,538 | $183,900 | $39,700 | $144,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Buyer's Agent in 2022
Danny Reali
Portside Real Estate Group
(207) 671-2752
9 in this area
93 Total Sales
-
A
Seller's Agent in 2021
Ann Marie Thompson
Better Homes & Gardens Real Estate/The Masiello Group
-
Buyer's Agent in 2021
Ann Marie Kennedy Thompson
Pine Tree Realty of Maine
(207) 838-8130
1 in this area
28 Total Sales
Map
Source: Maine Listings
MLS Number: 1481763
APN: OOBH-000311-000008-000001
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