NOT LISTED FOR SALE

Estimated Value: $674,000 - $1,159,000

3 Beds
2 Baths
2,756 Sq Ft
$328/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $530,000 $192 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,449/month

24 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • No HOA
  • Beach Access
  • Property is near public transit
  • Cottage

About This Home

As of July 2022

Maine Summer Cottage interest you? Not One but Two cottages interest you more? Seller enjoyed relaxing here the last 15 years and now would love nothing more than to pass it on to the next buyer to enjoy their summer family retreat as much as they did!! Amazing location just steps to beautiful 7 miles of beach and less than a mile to Old Orchard Beach Pier and all the town square offers from entertainment, shopping, and the most delicious food establishments. One 2 bedroom and One 1 bedroom cottage being sold as is and priced to sell. Easily park 4 vehicles on the property and not the hassle of on or down the road. Great opportunity for you to enjoy for years or possibility of rentals.

Last Agent to Sell the Property

Robert Letellier

RE/MAX Realty One Listed on: 06/06/2022

Co-Listed By

Elias Leland

Coldwell Banker Realty

Last Buyer's Agent

Robert Letellier

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,567

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Seasonal Access to Property
  • Level Lot
  • Open Lot

Home Design

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

Interior Spaces

  • Water Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Shower Only

Unfinished Basement

  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Nearby Water Access

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number OOBH-000302-000003-000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,567

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • Co List Office Phone: 207-283-0108
  • MLS Status: Closed
  • Directions: GPS friendly
  • Above Grade Finished Sq Ft: 1378.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 507.98
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1378.0
  • Property Information:SqFt Finished Below Grade: 1378.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes
  • Recreational Water:Nearby: Yes
  • Style:Cottage: Yes
  • Water Heater:Tank: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Recreational Water:Beach Rights: Yes
  • Heat System:No Heat System: Yes
  • Advertising Remarks:Advertising Remarks: $700,000. Call Bob Letellier (207) 590-5178. Maine Summer Cottage interest you? Not One but Two cottages interest you more? Seller enjoyed relaxing here the last 15 years and now would love nothing more than to pass on to the next buyer to enjoy their summer family retreat as much as they did!! Amazing location just steps to beautiful 7 miles of beach and less than a mile to Old Orchard Beach Pier and all the town square offers from entertainment, shopping, and the most delicious food establishments. One 2 bedroom and One 1 bedroom cottage being sold as is and priced to sell. Easily park 4 vehicles on the property and not the hassle of on or down the road. Great opportunity for you to enjoy for years or possibility of rentals.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Crawl Space, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 1378.0
  • Flooring: Vinyl, Carpet
  • Interior Amenities: One-Floor Living, Shower

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Public Beach, Near Shopping, Neighborhood, Near Railroad
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Other, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: OOBH-000302-000003-000003
  • Zoning: BRD

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6567.0
  • Tax Lot: 3
  • Tax Year: 2021

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $530,000 -24.3% $192 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $700,000 -- $254 / 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 $8,444 $776,100 $584,500 $191,600
2023 $8,068 $707,700 $539,400 $168,300
2022 $7,584 $619,600 $468,900 $150,700
2021 $6,567 $463,800 $346,300 $117,500
2020 $6,290 $407,900 $299,100 $108,800
2019 $6,322 $407,900 $299,100 $108,800
2018 $6,108 $399,200 $299,100 $100,100
2017 $5,635 $358,900 $268,400 $90,500
2016 $5,276 $341,300 $249,700 $91,600
2015 $5,181 $341,300 $249,700 $91,600
2014 $5,079 $341,300 $249,700 $91,600
2013 $4,710 $341,300 $249,700 $91,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1531204

Maine Listings

APN: OOBH-000302-000003-000003