Seller's Agent in 2025
Nancy Moreshead
The Real Estate Store
(207) 329-3545
111 in this area
121 Total Sales
11 Cottage Ave Old Orchard Beach, ME 04064
--
Bed
5
Baths
1,627
Sq Ft
4,792
Sq Ft Lot
Highlights
- Public Beach
- Property is near public transit
- Double Pane Windows
- Deck
- No HOA
- Zoned Heating
About This Home
As of March 2025BEST MAINE BEACH nearby this charming 3-unit property which is perfectly situated in a sought-after beach community. Offering an incredible opportunity for long-term or weekly rental income. The building features two 2-bedroom units, each designed with bedrooms on the second floor, and a cozy efficiency unit - ideal for couples or solo travelers seeking a convenient and affordable coastal getaway. The property boasts plenty of parking, a rare and valuable asset in beachside locations, ensuring convenience for tenants and guests alike. Its prime location offers easy access to the beach, local shops, restaurants, and entertainment, making it an attractive choice for vacationers.
With its versatile layout and high demand for rentals in the area, this property is a smart investment for anyone looking to capitalize on the lucrative vacation rental market while enjoying the perks of owning property in a vibrant coastal community.
Current tenants month to month. Offers due by 2/09/2025
Last Agent to Sell the Property
The Real Estate Store Brokerage Phone: 207-329-3545 Listed on: 01/31/2025
Last Buyer's Agent
The Real Estate Store Brokerage Phone: 207-329-3545 Listed on: 01/31/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,471
Year Built
- Built in 1910
Lot Details
- 4,792 Sq Ft Lot
- Public Beach
- Level Lot
Home Design
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Shingle Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,627 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Washer and Dryer Hookup
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Outdoor Features
- Deck
- Outbuilding
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 4 / 11
- Assessor Parcel Number OOBH-000206-000011-000004
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $18,185
- Gross Income $47,725
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 9, 2016
Sold by
Golarz Jeffrey C
Bought by
Daicy Benjamin C and Chan Ya C
Total Days on Market
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
3.71%
Mortgage Type
FHA
Purchase Details
Closed on
May 10, 2013
Sold by
Parker Daniel R and Parker Sandra A
Bought by
Golarz Jeffrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
3.6%
Mortgage Type
New Conventional
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 | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $255,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $206,196 | FHA | |
| Previous Owner | $72,750 | New Conventional | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $140,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | Sold | $600,000 | +6.6% | $369 / Sq Ft |
| 02/09/2025 02/09/25 | Pending | -- | -- | -- |
| 01/31/2025 01/31/25 | For Sale | $563,000 | -- | $346 / 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 | $4,774 | $438,800 | $123,500 | $315,300 |
| 2023 | $4,471 | $392,200 | $103,400 | $288,800 |
| 2022 | $4,016 | $328,100 | $79,100 | $249,000 |
| 2021 | $3,585 | $253,200 | $67,300 | $185,900 |
| 2020 | $3,631 | $235,500 | $58,500 | $177,000 |
| 2019 | $3,650 | $235,500 | $58,500 | $177,000 |
| 2018 | $3,490 | $228,100 | $58,500 | $169,600 |
| 2017 | $3,181 | $202,600 | $49,400 | $153,200 |
| 2016 | $2,965 | $191,800 | $0 | $0 |
| 2015 | $2,912 | $191,800 | $51,100 | $140,700 |
| 2014 | $2,803 | $188,400 | $51,100 | $137,300 |
| 2013 | $2,600 | $188,400 | $51,100 | $137,300 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Moreshead
-
John Murphy
J
Seller Co-Listing Agent in 2025
John Murphy
The Real Estate Store
(207) 883-4327
36 in this area
82 Total Sales
Map
Source: Maine Listings
MLS Number: 1613558
APN: OOBH-000206-000011-000004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393
Nearby Homes
- 22 Fern Park Ave
- 69 Saco Ave
- 28 Saco Ave
- 92 Saco Ave
- 6 & 8 Pine Ln
- 8 Pine Ln
- 6 Pine Ln
- 3 Arbutus Ave
- 111 Saco Ave
- 20 Echo Ave
- 55 Washington Ave
- 39 W Grand Ave Unit 23
- 39 W Grand Ave Unit 250
- 13 Maplewood Ave
- 9 Pleasant St
- 5 4th Ave
- 2 Fernald St Unit 21
- 88 Union Ave Unit 301
- 88 Union Ave Unit 202
- 14 Fern Ave