NOT LISTED FOR SALE

12-14 Forest Ave Old Orchard Beach, ME 04064

Estimated Value: $431,000 - $761,000

5 Beds
3 Baths
2,383 Sq Ft
$233/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $197,000 $83 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $3,280/month

107 Days on Market

Highlights

  • Public Beach
  • Deck
  • Wood Flooring
  • Country Club
  • Property is near public transit
  • 3-minute walk to Old Orchard Beach Recreation

About This Home

As of April 2017

Have tenants pay rent. 2 family one block to schools, 1 mile to beach or downtown where all the summer fun is.

Last Agent to Sell the Property

Kathleen Gannon

Bean Group Listed on: 11/17/2016

Last Buyer's Agent

Elizabeth Dubois

RE/MAX By The Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 1928

Lot Details

  • 6,098 Sq Ft Lot
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

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

Interior Spaces

  • 2,383 Sq Ft Home
  • 2-Story Property
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

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

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 2
  • Assessor Parcel Number OOBH-000207-000002-000007

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,968

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • MLS Status: Closed
  • Directions: Rte 1 or 95 to rte 5, Saco Ave. Bear left at rotary onto Saco Ave. Take right at light onto Union Ave. 1st right Forest Ave
  • Above Grade Finished Sq Ft: 2383.0
  • Architectural Style: Multi-Level, New Englander
  • Building Stories: 2
  • Year Built: 1928
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 82.67
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2383.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Amenities:Attic: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Foundation Materials:Granite2: Yes
  • Location:Near Railroad: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Advertising Remarks:Advertising Remarks: Two family in great seaside town of OOB. Short walk down the hill to beach or along Saco Ave to downtown. 3 bed,2 bath in owners' unit.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Partial, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Attic, Bathtub

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Granite, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: OOBH-000207-000002-000007
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2968.0
  • Tax Block: 2
  • Tax Lot: 7
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Apr 24, 2017
Sold by
Hurst Lois E
Bought by
Meier Christopher
Seller's Agent
Kathleen Gannon
Bean Group
Buyer's Agent
Elizabeth Dubois
RE/MAX By The Bay
List Price
$200,000
Sold Price
$197,000
Premium/Discount to List
-$3,000
-1.5%
Current Estimated Value
$554,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,218
Avg. Annual Appreciation
12.73%
Original Mortgage
$193,431
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2006
Sold by
Georgevich Milena M
Bought by
Hurst Lois E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.59%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meier Christopher -- --
Hurst Lois E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Meier Christopher $193,431
Closed Hurst Lois E $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2017 04/24/17 Sold $197,000 -1.5% $83 / Sq Ft
03/05/2017 03/05/17 Pending -- -- --
11/17/2016 11/17/16 For Sale $200,000 -- $84 / 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 $4,480 $411,800 $125,800 $286,000
2023 $3,995 $350,400 $105,700 $244,700
2022 $3,676 $300,300 $81,800 $218,500
2021 $3,624 $255,900 $70,700 $185,200
2020 $3,588 $232,700 $61,400 $171,300
2019 $3,607 $232,700 $61,400 $171,300
2018 $3,346 $218,700 $61,400 $157,300
2017 $3,044 $193,900 $52,000 $141,900
2016 $3,022 $195,500 $53,600 $141,900
2015 $2,968 $195,500 $53,600 $141,900
2014 $2,909 $195,500 $53,600 $141,900
2013 $2,698 $195,500 $53,600 $141,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1289143

Maine Listings

APN: OOBH-000207-000002-000007