NOT LISTED FOR SALE

12 Jeannette Ave Old Orchard Beach, ME 04064

Estimated Value: $502,804 - $686,000

6 Beds
2 Baths
2,324 Sq Ft
$258/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $289,000 $124 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,561/month

6 Days on Market

Highlights

  • Public Beach
  • No HOA
  • Patio
  • Ranch Style House
  • Cul-De-Sac
  • Shed

About This Home

As of June 2019

Great opportunity to own an income property close to the beach. This 2324 s.f. duplex resides at the end of a dead-end street just steps from the 95 connector. It makes commuting a breeze with Portland only 20 minutes away. Property has two 3 bedroom, 1 bath units with separate entrance and driveways with multi car parking. Fenced in side yard is great for animals. Washer and dryer in both units. Plenty of on property storage in basement and shed. Well maintained, late model boiler with upgraded electrical panels. Ideal as an owner-occupied building with rental income stream. Both units to be delivered empty. Showings via Showingtime.

Last Agent to Sell the Property

Matthew Dechaine

Keller Williams Realty Listed on: 04/26/2019

Last Buyer's Agent

Matthew DiBiase

Landing Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 1930

Lot Details

  • 0.29 Acre Lot
  • Public Beach
  • Cul-De-Sac
  • Street terminates at a dead end

Parking

  • Gravel Driveway

Home Design

  • 2,324 Sq Ft Home
  • Ranch Style House
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Doghouse Basement Entry
  • Exterior Basement Entry
  • Dirt Floor

Outdoor Features

  • Patio
  • Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • 2 Full Bathrooms
  • Washer and Dryer Hookup
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number OOBH-000210-000002-000027

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,886

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Highway: 2nd street on left after termination of 95 connector. Last house on right.
  • Above Grade Finished Sq Ft: 2324.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 124.74
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.29
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2324.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Location:Near Public Beach: Yes
  • Basement:Dirt Floor: Yes
  • Roads:Dead End: Yes
  • Driveway:Gravel: Yes
  • Site:Cul-De-Sac: Yes
  • Basement Entry:Exterior Only: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Great opportunity to own an income property close to the beach. This 2324 s.f. duplex resides at the end of a dead-end street just steps from the 95 connector. It makes commuting a breeze with Portland only 20 minutes away. Property has two 3 bedroom, 1 bath units with separate entrance and driveways with multi car parking. Fenced in side yard is great for animals. Washer and dryer in both units. Plenty of on property storage in basement and shed. Well maintained, late model boiler with upgraded electrical panels. Ideal as an owner-occupied building with rental income stream. Both to be delivered empty. Showings via Showingtime.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Doghouse, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: One-Floor Living, Storage

Exterior Features

  • Lot Features: Cul-De-Sac, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, 5 - 10 Spaces, Gravel

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • 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: 12632.4
  • Parcel #: OOBH-000210-000002-000027
  • Zoning: R-4

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3886.0
  • Tax Lot: 27
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
May 31, 2019
Sold by
Stebbins Brady
Bought by
Asherman Reed V
Seller's Agent
Matthew Dechaine
Keller Williams Realty
Buyer's Agent
Matthew DiBiase
Landing Real Estate
List Price
$289,900
Sold Price
$289,000
Premium/Discount to List
-$900
-0.31%
Current Estimated Value
$599,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,451
Avg. Annual Appreciation
11.86%
Original Mortgage
$274,550
Outstanding Balance
$241,881
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$357,570

Purchase Details

Listed on
Apr 12, 2016
Closed on
Jun 10, 2016
Sold by
Nelson Chad S and Hunt Ryan W
Bought by
Stebbins Brady
Seller's Agent
Jeffrey Reali
Reali Realty, LLC
Buyer's Agent
Robert Edgerley
Keller Williams Realty
List Price
$229,000
Sold Price
$230,000
Premium/Discount to List
$1,000
0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$225,834
Interest Rate
3.66%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2014
Sold by
Vacation Properties Inc
Bought by
Arey Robert S

Purchase Details

Closed on
Jun 9, 2011
Sold by
Roberts Christopher
Bought by
Hunt Ryan W and Nelson Chad S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,930
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2010
Sold by
Bank Of New York Mellon
Bought by
Roberts Christopher

Purchase Details

Closed on
Jul 25, 2008
Sold by
Ronzo Joseph
Bought by
Bank Of New York
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Asherman Reed V -- --
Stebbins Brady -- --
Arey Robert S -- --
Hunt Ryan W -- --
Roberts Christopher -- --
Bank Of New York -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asherman Reed V $274,550
Previous Owner Stebbins Brady $225,834
Previous Owner Hunt Ryan W $194,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2019 06/05/19 Sold $289,000 -0.3% $124 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $289,900 +26.0% $125 / Sq Ft
05/31/2016 05/31/16 Sold $230,000 +0.4% $99 / Sq Ft View Prior Sale
04/15/2016 04/15/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $229,000 -- $99 / 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 $5,006 $460,100 $129,800 $330,300
2023 $4,509 $395,500 $113,300 $282,200
2022 $4,192 $342,500 $90,600 $251,900
2021 $4,208 $297,200 $83,600 $213,600
2020 $4,165 $270,100 $72,600 $197,500
2019 $4,187 $270,100 $72,600 $197,500
2018 $3,297 $254,000 $72,600 $181,400
2017 $3,266 $208,000 $62,700 $145,300
2016 $3,231 $209,000 $63,700 $145,300
2015 $3,173 $209,000 $63,700 $145,300
2014 $3,091 $207,700 $63,700 $144,000
2013 $2,866 $207,700 $63,700 $144,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1411790

Maine Listings

APN: OOBH-000210-000002-000027