$1,500,000
SOLD JUN 20, 2025

125 Broadway York, ME 03909

-- Bed
5.5 Baths
7,185 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

25% Below List Price

48 Days on Market

Highlights

  • Water Views
  • Public Beach
  • Contemporary Architecture
  • Coastal Ridge Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of June 2025

Perched near the iconic Nubble Light, this exceptional 2-family home offers a rare opportunity to experience the magic of coastal living every day. Whether you're seeking a dream retreat, a savvy investment, or a perfect multi-generational home, this property delivers unparalleled ocean views and incredible versatility.Wake up to breathtaking, unobstructed views of the Atlantic Ocean, Nubble Lighthouse, and the ever-changing beauty of the sea. Imagine sipping your morning coffee while watching the waves crash or catching stunning sunsets that paint the sky in hues of orange and pink, this is the kind of tranquility most only dream of.Designed for flexibility and comfort, this well-maintained 2-family home is ideal for extended families looking to live together yet maintain privacy, or for homeowners who want to offset their mortgage by renting out one of the units. And for investors, the current owner's successful track record as an Airbnb rental proves the home's strong appeal and income potential. With high demand and no trouble securing tenants, it's a turn-key opportunity in one of the most sought-after coastal locations.Whether you're looking for an idyllic seaside lifestyle or a proven income-generating property, this home near Nubble Light is a rare find, a place where every day feels like a vacation!

Last Agent to Sell the Property

Christine Moore

Century 21 North East Listed on: 03/20/2025

Century 21 North East

Last Buyer's Agent

Katrina Hannan

Fontaine Family-The Real Estate Leader

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,838

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot
  • Public Beach
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Garage
  • Subterranean Parking
  • Basement Garage
  • Electric Vehicle Home Charger
  • Gravel Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Duplex
  • Contemporary Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Multi-Level Property
  • Laundry on upper level

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub
  • Shower Only

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Tankless Water Heater
  • Water Heated On Demand
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0042
  • Assessor Parcel Number YORK-000025-000000-000042

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $25,319
  • Gross Income $117,254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,838

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: US 1 N to Short Sands to Broadway
  • Above Grade Finished Sq Ft: 5069.0
  • Architectural Style: Other, Contemporary
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Structure Type: Duplex
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 5069.0
  • Property Information:SqFt Finished Below Grade: 2116.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: 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
  • Water Heater:On Demand: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Tankless: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 117254.0
  • Income Expenses Operating Expenses: 25319.49
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Basement:Sump Pump: Yes
  • Parking:Electric Vehicle Charging Station(s): Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Other Structures:Shed(s): Yes
  • Levels:Multi-Level3: Yes
  • Structure Type:Duplex3: Yes
  • Vehicle Storage Basement: Yes
  • Vehicle Storage Underground3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Furnished
  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Interior, Walk-Out Access, Full, Sump Pump, Doghouse
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 2116.0
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, Bathtub, Shower
  • Full Basement: Yes
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Open, Corner Lot, Level, Near Public Beach, Near Town
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Underground, Basement, 5 - 10 Spaces, Gravel, Paved, Off Street, Electric Vehicle Charging Station(s)

Utilities

  • Laundry Features: Upper Level
  • Cooling: Other, Central Air
  • Cooling Y N: Yes
  • Heating: Other Heat System, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: York Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: YORK-000025-000000-000042
  • Zoning: R5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 117254.0
  • Annual Operating Expense: 25319.49

Tax Info

  • Tax Annual Amount: 11838.0
  • Tax Book Number: 17397
  • Tax Lot: 0042
  • Tax Map Number: 0025
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
Jun 20, 2025
Sold by
Lucky Ebbt Llc
Bought by
Morwood Michael and Morwood Ashley
Seller's Agent
Christine Moore
Century 21 North East
Buyer's Agent
Katrina Hannan
Fontaine Family-The Real Estate Leader
List Price
$1,999,999
Sold Price
$1,500,000
Premium/Discount to List
-$499,999
-25%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
245.98%
Original Mortgage
$1,125,000
Outstanding Balance
$1,124,078
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$871,515

Purchase Details

Closed on
Jan 3, 2017
Sold by
Raiti Pauline M Est and Raiti
Bought by
Lucky Ebbt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,500,000 None Available
Warranty Deed $1,500,000 None Available
Personal Reps Deed -- --
Personal Reps Deed -- --
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,125,000 Purchase Money Mortgage
Closed $1,125,000 Purchase Money Mortgage
Previous Owner $155,000 Credit Line Revolving
Previous Owner $736,200 Stand Alone Refi Refinance Of Original Loan
Previous Owner $475,000 Adjustable Rate Mortgage/ARM
Previous Owner $384,038 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $1,500,000 -25.0% $209 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $1,999,999 -- $278 / 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 $11,838 $1,409,300 $863,200 $546,100
2023 $10,882 $1,287,800 $739,900 $547,900
2022 $10,212 $1,194,400 $643,000 $551,400
2021 $10,750 $1,080,400 $616,500 $463,900
2020 $11,091 $999,200 $616,500 $382,700
2019 $3,316 $896,500 $513,800 $382,700
2018 $7,847 $703,800 $462,400 $241,400
2017 $7,351 $671,300 $462,400 $208,900
2016 $7,689 $689,600 $488,100 $201,500
2015 $7,586 $689,600 $488,100 $201,500
2014 $7,379 $689,600 $488,100 $201,500
2013 $7,193 $689,600 $488,100 $201,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1616613

Maine Listings

APN: YORK-000025-000000-000042