NOT LISTED FOR SALE

175 Beach Ave Unit 2 Kennebunk, ME 04043

Estimated Value: $947,000 - $993,000

2 Beds
1.5 Baths
1,000 Sq Ft
$314/mo HOA Fee

Last Sold June 03, 2022

Last sale price $720,000 $720 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,246/month

7 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Furnished
  • Kennebunk High School Rated 9+
  • Property is near public transit
  • Granite Countertops

About This Home

As of June 2022

Beautifully renovated two bedroom oceanfront condo at Kennebunk Beach. Breathtaking views from the moment you walk in. Spacious kitchen with white shaker cabinets, subway tile backsplash, leathered granite countertops and new stainless steel appliances that is open to the living room. Vinyl plank flooring runs continuous throughout the first floor. A half bath with new washer/dryer tower complete the first floor. The same vinyl plank flooring is used on the second floor where you will find two bedrooms and a full bathroom with a bathtub and tile surround. Wake up to the sound of the waves and amazing ocean views from the spacious primary bedroom. The second bedroom also features an ocean view so no one will feel left out. There is a dedicated storage shed to keep beach toys and bikes. The turnkey condo is being sold fully furnished. Use it as a primary residence, vacation home or rental property. The condo has been used as a vacation rental and has a strong history of rental income. In addition to incredible views, you will be steps away from the sand at Gooch's Beach and Mother's Beach. Tennis, golf and KBIA are all within walking distance. This is a unique property that must be seen in person to appreciate.

Last Agent to Sell the Property

Judy Andrews

Andrews Milligan Real Estate Listed on: 04/20/2022

Last Buyer's Agent

Cassandra Binette

Portside Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,201

Year Built

  • Built in 1950

Lot Details

  • Ocean Front
  • Public Beach
  • Open Lot

HOA Fees

  • $314 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Furnished
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Paved Parking

Location

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

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units
  • 70 Beach Avenue Condominium Association Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number KENB-000093-000000-000056-000002

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,201

Year Built

Built in 1950

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: 70 Beach Avenue Condominium Association
  • Directions: GPS friendly Follow Route 35 from Main Street (Route 1) Kennebunk to Route 9. Straight across Rt. 9 onto Beach Avenue. Continue to Middle Beach. Look for lawn sign....it will be on the right as it is all ocean on the left. :-)
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 765.0
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1000.0
  • 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
  • Construction:Wood Frame: 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:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 313.5
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 2
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Amenities:Shower: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Floors:Laminate: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Style:Duplex: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Amenities:Furniture Included: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Condominium:Total Units4: 3
  • Condominium:_pound_ of Buildings: 2
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: Stunning location at the beach. Sweet 2 bedroom, 1.5 bath condominium with ocean views from every main room. The living spaces are pleasing and comfortable and with very few exceptions the furnishings are included in the sale. The front yard offers a lovely spot to enjoy the ocean sights, sounds, and salt air. This condo may be lived in year-round or as a second home getaway, It can also be rented, including weekly, if desired. Showings by appointment only beginning Friday, April 22nd.
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Furniture Included, Bathtub, Shower
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Railroad
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Paved, Common

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 313.5
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: KENB-000093-000000-000056-000002
  • Zoning: CR

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 8201.0
  • Tax Lot: 56
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 3, 2022
Sold by
Obillo Joel S and Obillo Socorro-Cruz M
Bought by
175 Beach Ave Llc
Seller's Agent
Judy Andrews
Andrews Milligan Real Estate
Buyer's Agent
Cassandra Binette
Portside Real Estate Group
List Price
$765,000
Sold Price
$720,000
Premium/Discount to List
-$45,000
-5.88%
Current Estimated Value
$974,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,138
Avg. Annual Appreciation
8.86%
Original Mortgage
$576,000
Outstanding Balance
$549,144
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$424,994

Purchase Details

Listed on
Aug 25, 2014
Closed on
Jun 23, 2016
Sold by
Robertson Richard W
Bought by
Obillo Joel S and Cruz Maria A
Seller's Agent
Rebecca Bassett
Kennebunk Beach Realty
Buyer's Agent
Judy Andrews
Andrews Milligan Real Estate
List Price
$595,000
Sold Price
$450,000
Premium/Discount to List
-$145,000
-24.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$405,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Stone John C and Stone Gail P
Bought by
Robertson Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
175 Beach Ave Llc $720,000 None Available
Obillo Joel S $450,000 --
Robertson Richard W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 175 Beach Ave Llc $576,000
Previous Owner Obillo Joel S $405,000
Previous Owner Robertson Richard W $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2025 08/08/25 Price Changed $995,000 -9.1% $949 / Sq Ft
07/03/2025 07/03/25 For Sale $1,095,000 +52.1% $1,045 / Sq Ft
06/03/2022 06/03/22 Sold $720,000 -5.9% $720 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $765,000 +70.0% $765 / Sq Ft
06/23/2016 06/23/16 Sold $450,000 -24.4% $429 / Sq Ft View Prior Sale
05/11/2016 05/11/16 Pending -- -- --
08/25/2014 08/25/14 For Sale $595,000 -- $568 / 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 $9,755 $575,500 $466,700 $108,800
2023 $9,237 $575,500 $466,700 $108,800
2022 $8,402 $575,500 $466,700 $108,800
2021 $8,201 $575,500 $466,700 $108,800
2020 $8,143 $575,500 $466,700 $108,800
2019 $7,913 $575,500 $466,700 $108,800
2018 $7,553 $431,600 $350,000 $81,600
2017 $7,143 $431,600 $350,000 $81,600
2016 $6,862 $431,600 $350,000 $81,600
2015 $6,603 $431,600 $350,000 $81,600
2014 $6,431 $431,600 $350,000 $81,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1525289

Maine Listings

APN: KENB-000093-000000-000056-000002