$849,000
SOLD APR 20, 2022
-- Bed
3 Baths
1,395 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$609 Per Sq Ft

46 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Chalet
  • Nearby Water Access
  • Country Club
  • Deck

About This Home

As of April 2022

Charming two unit with one 3 BD 2 BA and one 2 BD 1 BA unit just steps from 7 miles of beautiful beach. Hear the ocean from lovely sunporch entry into both units, enjoy awesome roof top deck in 2 BD unit which also has lovely ocean views from top of tower portion of building, and all furnishings included. Ideal location close to beach, golf, shopping, pier and amusement for amazing summer rental income or make into single family for wonderful year round home or summer retreat. This is ideal turnkey investment property offering all the amenities wanted for AirBNB renters! Do not miss out! Group showings Sat/Sun 3-5 & 3-6 from 3:30-4:30.

Last Agent to Sell the Property

Danielle Lape

Kre Brokerage Group Listed on: 03/02/2022

Co-Listed By

Amanda Owens

Kre Brokerage Group

Last Buyer's Agent

Margaret Perkins

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,999

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Level Lot
  • Open Lot
  • Suitable for Bed and Breakfast

Property Views

  • Water
  • Scenic Vista

Home Design

  • Chalet
  • Post and Beam
  • Block Foundation
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 1,395 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Screened Porch
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Parking

  • Common or Shared Parking
  • Tandem Parking
  • Shared Driveway
  • Paved Parking
  • On-Street Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

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

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 11 / 13
  • Assessor Parcel Number OOBH-000316-000013-000011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Recreation

  • Country Club

Building Details

  • Operating Expense $20,000
  • Gross Income $85,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,999

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • Co List Office Mls Id: 1739
  • Co List Office Phone: 207-781-2958
  • MLS Status: Closed
  • Directions: Saco/OOB exit off I-95 toward Old Orchard Beach. Follow to traffic signal at corner of Union Avenue and Saco Avenue and take a R. Follow over railroad tracks to 16 Union on left.
  • Above Grade Finished Sq Ft: 1395.0
  • Architectural Style: Chalet, Bed & Breakfast
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1395.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 85000.0
  • Income Expenses Operating Expenses: 20000.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Construction:Post Beam: Yes
  • Amenities:Furniture Included: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Parking:On Street: Yes
  • Transportation:Public Transport Access: Yes
  • Style:Bed Breakfast: Yes
  • Building Info:_pound_ Floors3: 2
  • Parking:Tandem2: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: Furniture Included, Bathtub, Shower, Storage
  • Stories: 2

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit, Near Railroad
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Post & Beam
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Screened
  • Roof: Membrane, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site, Tandem, On Street

Utilities

  • Cooling: A/C Units
  • Cooling Y N: Yes
  • 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: 5662.8
  • Parcel #: OOBH-000316-000013-000011
  • Zoning: BRD

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 85000.0
  • Annual Operating Expense: 20000.0

Tax Info

  • Tax Annual Amount: 9999.0
  • Tax Block: 13
  • Tax Book Number: 18959
  • Tax Lot: 11
  • Tax Map Number: 316
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $721,650 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $975,000 0.0% $699 / Sq Ft
04/29/2025 04/29/25 Price Changed $975,000 -2.0% $699 / Sq Ft
04/22/2025 04/22/25 For Sale $995,000 0.0% $713 / Sq Ft
04/16/2025 04/16/25 For Sale $995,000 +17.2% $713 / Sq Ft
04/20/2022 04/20/22 Sold $849,000 0.0% $609 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $849,000 -- $609 / 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 $8,717 $801,200 $541,900 $259,300
2023 $8,259 $724,500 $500,100 $224,400
2022 $7,780 $635,600 $434,800 $200,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1520787

Maine Listings

APN: OOBH M:316 B:13 L:20