NOT LISTED FOR SALE

16 Chestnut St Old Orchard Beach, ME 04064

Estimated Value: $652,000 - $910,000

4 Beds
4 Baths
3,793 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $540,000 $142 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,665/month

7 Days on Market

Highlights

  • Access to Tidal Water
  • Country Club
  • 0.68 Acre Lot
  • Public Beach
  • View of Trees or Woods
  • Cape Cod Architecture

About This Home

As of September 2021

This rare 4 BR, 2 full baths, 2 half baths Cape offers a spacious blend of open concept & traditional flair, all perched upon a, just shy, of 3/4 acre, beautifully landscaped, parcel in Homewood Park. A one owner home built for large family gatherings and holiday parties. The open concept kitchen & huge island become the entertainment focal point. A large comfortable living room with a custom gas fireplace. A more than ample Primary bedroom with a Jacuzzi bath, shower & walk-ins. Enjoy a huge back deck & patio w/firepit bringing extra seasonal space. The privacy of a dead end street makes this a quiet, relaxing retreat. Plenty of parking along with a 2 car garage and single carport adding easy accessibility. The icing on the cake is the proximity to all OOB has to offer...beach, dining & entertainment. Bike, walk, or run the Eastern Trail that goes right by the neighborhood.

Last Agent to Sell the Property

John Zappia

Maine Custom Realty Listed on: 06/29/2021

Last Buyer's Agent

Theresa Greeley

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,092

Year Built

  • Built in 1988

Lot Details

  • 0.68 Acre Lot
  • Public Beach
  • Landscaped
  • Open Lot
  • Property is zoned R5

Parking

  • 2 Car Direct Access Garage
  • Carport
  • Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1 Fireplace
  • Living Room
  • Dining Room
  • Den
  • Views of Woods

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Concrete Kitchen Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Bathtub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Access to Tidal Water
  • Nearby Water Access
  • Deck
  • Patio
  • Outbuilding

Location

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 6
  • Assessor Parcel Number OOBH-000403-000006-000009

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,092

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: no
  • Directions: Route 1 South to left on Cascade Road, go 1 mile to left on Date St, to left on Homewood Blvd, to left on Chestnut. Property is first on left.
  • Above Grade Finished Sq Ft: 3093.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.68
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3093.0
  • Property Information:SqFt Finished Below Grade: 700.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Den:Den: Yes
  • Location:Near Railroad: Yes
  • Vehicle Storage:Carport: Yes
  • Vehicle Storage:Under: Yes
  • Transportation:Rail Available: Yes
  • Appliances Included:Trash Compactor: Yes
  • Kitchen Countertop:Cement: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Trash Compactor, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Finished, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 700.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivided, Near Railroad
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Carport, Inside Entrance, Underground

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29620.8
  • Parcel #: OOBH-000403-000006-000009
  • Zoning: R5

Tax Info

  • Tax Annual Amount: 5092.0
  • Tax Block: 6
  • Tax Book Number: 16252
  • Tax Lot: 9
  • Tax Map Number: 403
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Sep 23, 2021
Sold by
Hamilton Jennifer S
Bought by
Evans-Schermerhorn Anne
Seller's Agent
John Zappia
Maine Custom Realty
Buyer's Agent
Theresa Greeley
Keller Williams Realty
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%
Total Days on Market
7
Current Estimated Value
$765,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,271
Avg. Annual Appreciation
9.80%
Original Mortgage
$375,000
Outstanding Balance
$344,920
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$420,351

Purchase Details

Closed on
Jan 31, 2012
Sold by
Hamilton Laray L
Bought by
Hamilton Jennifer S
Source: Public Records

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Range of Values:

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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
Evans-Schermerhorn Anne -- None Available
Hamilton Jennifer S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans-Schermerhorn Anne $375,000
Previous Owner Hamilton Jennifer S $188,135
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $540,000 -1.8% $142 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $549,900 -- $145 / 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 $7,245 $665,900 $183,000 $482,900
2023 $7,230 $634,200 $178,200 $456,000
2022 $7,168 $585,600 $162,000 $423,600
2021 $6,137 $458,400 $160,500 $297,900
2020 $4,706 $330,200 $91,500 $238,700
2019 $5,118 $330,200 $91,500 $238,700
2018 $4,459 $333,200 $91,500 $241,700
2017 $4,712 $300,100 $79,200 $220,900
2016 $4,613 $298,400 $73,200 $225,200
2015 $4,530 $298,400 $73,200 $225,200
2014 $4,440 $298,400 $73,200 $225,200
2013 $4,219 $305,700 $77,700 $228,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1498410

Maine Listings

APN: OOBH-000403-000006-000009