Seller's Agent in 2025
Tasha Massey
On Point Realty
(207) 754-5058
1 in this area
101 Total Sales
14 Melvin Ave Old Orchard Beach, ME 04064
--
Bed
2
Baths
2,120
Sq Ft
0.33
Acres
Highlights
- Nearby Water Access
- No HOA
- Baseboard Heating
- Public Beach
- Bathtub
- Property is near a golf course
About This Home
As of May 2025Located just minutes from the sandy shores of Old Orchard Beach, this 2004-built townhouse-style duplex at 14-16 Melvin Ave offers the perfect blend of convenience, comfort, and investment potential. Each spacious 3-bedroom unit features an open-concept layout, a private basement for extra storage, and a private back deck, and plenty of natural light—ideal for year-round living or short-term rental opportunities.Old Orchard Beach is one of Maine's most iconic and historic beach destinations, known for its seven miles of sandy shoreline, the famous Old Orchard Beach Pier, and its lively summer atmosphere. Situated only 1 mile from the beach, this property is just a short drive to I-95, making commuting a breeze—Boston is under 2 hours away, and Portland is only 20 minutes north. Enjoy easy access to shops, restaurants, and entertainment, all while benefiting from the income potential of a two-unit property in a sought-after coastal destination.With warmer weather approaching, now is the perfect time to invest in a beachside getaway or expand your real estate portfolio. Don't miss this opportunity—schedule a showing today!Sale of property is subject to York County Superior Court.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,588
Year Built
- Built in 2004
Lot Details
- 0.33 Acre Lot
- Public Beach
- Street terminates at a dead end
- Level Lot
- Open Lot
Home Design
- 2,120 Sq Ft Home
- Duplex
- Concrete Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Vinyl Siding
- Radon Mitigation System
- Concrete Perimeter Foundation
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Bathtub
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Additional Features
- Washer and Dryer Hookup
- Nearby Water Access
- Property is near a golf course
Listing and Financial Details
- Foreclosure
- Court or third-party approval is required for the sale
- Legal Lot and Block 5 / 1
- Assessor Parcel Number 14melvinavenueoldorchardbeach04064
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $3,364
- Gross Income $48,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2025
Closed on
May 12, 2025
Sold by
Campo Benjamin P
Bought by
Salom Auguste
Seller's Agent
Tasha Massey
On Point Realty
Buyer's Agent
Chloe Salom
Keller Williams Realty
List Price
$550,000
Sold Price
$600,000
Premium/Discount to List
$50,000
9.09%
Views
4
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
-$14,240
Avg. Annual Appreciation
-9.52%
Original Mortgage
$585,000
Outstanding Balance
$584,486
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
$1,274
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 |
|---|---|---|---|
| Deed | $600,000 | None Available | |
| Deed | $600,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $585,000 | VA | |
| Closed | $585,000 | VA | |
| Previous Owner | $95,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | Sold | $600,000 | +9.1% | $283 / Sq Ft |
| 03/25/2025 03/25/25 | Pending | -- | -- | -- |
| 03/20/2025 03/20/25 | For Sale | $550,000 | -- | $259 / 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 | $5,074 | $466,400 | $138,200 | $328,200 |
| 2023 | $4,589 | $402,500 | $121,800 | $280,700 |
| 2022 | $4,261 | $348,100 | $97,500 | $250,600 |
| 2021 | $4,296 | $303,400 | $90,900 | $212,500 |
| 2020 | $4,247 | $275,400 | $78,900 | $196,500 |
| 2019 | $4,269 | $275,400 | $78,900 | $196,500 |
| 2018 | $3,998 | $261,300 | $78,900 | $182,400 |
| 2017 | $3,668 | $233,600 | $69,100 | $164,500 |
| 2016 | $3,625 | $234,500 | $70,000 | $164,500 |
| 2015 | $3,560 | $234,500 | $70,000 | $164,500 |
| 2014 | $3,489 | $234,500 | $70,000 | $164,500 |
| 2013 | $3,261 | $236,300 | $70,000 | $166,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2025
Chloe Salom
Keller Williams Realty
2 in this area
7 Total Sales
Map
Source: Maine Listings
MLS Number: 1616656
APN: OOBH-000212-000001-000005
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.
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