NOT LISTED FOR SALE

Estimated Value: $1,138,000 - $1,500,000

8 Beds
4 Baths
3,016 Sq Ft
$431/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $755,000 $250 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,120/month

28 Days on Market

Highlights

  • Public Beach
  • Wood Flooring
  • 1 Fireplace
  • Deck
  • Main Floor Bedroom
  • Furnished

About This Home

As of October 2019

Spectacular Oceanside home with 2 additional year round rentals on the Market in a highly desirable Ocean Park location. Come sit on the deck, stroll along the beach and enjoy all of the benefits of the Ocean Park Community. This 3-4 bedroom home is an ideal year round or summer retreat with rental income that can assist on the costs of ownership. Ample parking, good systems and an income stream that can make living at the beach a dream come true. Do not hesitate opportunities like this are rare, call today. Showings are scheduled for Saturdays between 11:00am and 1:00 pm starting 8/3/19 property can not close until 1/1/2020. The two bedroom rental units are fully rented in the Summer and Winter.

Last Agent to Sell the Property

Thomas Ranello

RE/MAX Shoreline Listed on: 08/22/2019

RE/MAX Shoreline

Last Buyer's Agent

Thomas Ranello

RE/MAX Shoreline Listed on: 08/22/2019

RE/MAX Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,819

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • 1 Fireplace
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub
  • Shower Only

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 8 / 5
  • Assessor Parcel Number OOBH-000321-000005-000008

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,819

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Temple Ave to center of Ocean Park, left on Seaside Ave and right on Winona Ave.
  • Above Grade Finished Sq Ft: 1754.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:SqFt Finished Above Grade: 1754.0
  • Property Information:SqFt Finished Below Grade: 1262.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: 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
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Amenities:Furniture Included: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full
  • Below Grade Sq Ft: 1262.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Shower, Storage
  • Full Basement: Yes
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Near Shopping
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • 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
  • Parking Features: Gravel, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: OOBH-000321-000005-000008
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 8819.0
  • Tax Block: 5
  • Tax Book Number: 15367
  • Tax Lot: 8
  • Tax Map Number: 321
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Oct 18, 2019
Sold by
Gregory Ft
Bought by
Zerio James R and Zerio Kris M
Seller's Agent
Thomas Ranello
RE/MAX Shoreline
Buyer's Agent
Thomas Ranello
RE/MAX Shoreline
List Price
$759,000
Sold Price
$755,000
Premium/Discount to List
-$4,000
-0.53%
Current Estimated Value
$1,300,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,876
Original Mortgage
$604,000
Outstanding Balance
$532,621
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Zerio James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zerio James R $604,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $755,000 -0.5% $250 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $759,000 -- $252 / 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 $12,547 $1,153,200 $588,600 $564,600
2023 $12,041 $1,056,200 $543,100 $513,100
2022 $11,487 $938,500 $472,100 $466,400
2021 $10,297 $727,200 $349,600 $377,600
2020 $9,786 $634,600 $302,300 $332,300
2019 $9,174 $591,900 $302,300 $289,600
2018 $7,968 $576,400 $302,300 $274,100
2017 $8,349 $531,800 $270,700 $261,100
2016 $8,137 $526,300 $265,200 $261,100
2015 $7,989 $526,300 $265,200 $261,100
2014 $7,831 $526,300 $265,200 $261,100
2013 $7,263 $526,300 $265,200 $261,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1425783

Maine Listings

APN: OOBH-000321-000005-000008