$905,000
SOLD APR 8, 2025

192 E Grand Ave Old Orchard Beach, ME 04064

0.43 Acre
$2,104,651 Price per Acre
18,731 Sq Ft Lot

Recently Sold

$262 Per Sq Ft

42% Below List Price

15 Days on Market

Highlights

  • Ocean Front
  • Wooded Lot
  • No HOA
  • 0.43 Acre Lot

About This Lot

As of April 2025

Outstanding opportunity to acquire one of the last remaining, Prime development parcels on East Grand Avenue, with substantive road frontage & private, gated Deeded ROW leading directly onto the sands of 7 miles of some of the most beloved pristine Beaches in Southern Maine spanning Pine Point, Surfside, Old Orchard, Ocean Park, Ferry & Camp Ellis. Use existing footprints & reconstruct present structures to maximize use of the almost half Acre parcel or start fresh to create one of many development possibilities given the unique BRD Commercial/Residential Zoning ( See Documents for list of all permitted & conditional uses) Ultimate Beach retreat to cluster of exclusive getaways to commercial venture - the possibilities with this property - are literally endless. NOTE: Buyers to perform all due diligence where property being sold 'as is'. Total square footage is approximate given condition of existing structures. Buyer to consult with Town & DEP regarding maximum footprint allowance, Limited Commercial Shoreland Zoning District & Back Dune designation requirements & regulations. Property is in the AE zone with a base flood elevation of 9' (EL 9).

Last Agent to Sell the Property

Cristina Eugen

Keller Williams Realty Listed on: 12/25/2024

Keller Williams Realty

Last Buyer's Agent

Tsvetelina Bryant

Kre Brokerage Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,293

Lot Details

  • 0.43 Acre Lot
  • Ocean Front
  • Wooded Lot
  • Property is zoned BeachfrontResortBRD

Parking

  • Gravel Driveway

Property Views

  • Water Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number OOBH-000202-000003-000001

Property Details

Property Type

Land

Est. Annual Taxes

$5,293

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.43
  • Water Body Name: ATLANTIC OCEAN
  • MLS Status: Closed
  • Directions: ROUTE 1 TO PINE POINT RD TO EAST GRAND AVENUE
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.43
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Mobile Homes Allowed: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Wooded, Near Shopping
  • Waterfront Features: Ocean
  • Waterfront: No

Garage/Parking

  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 18730.8
  • Parcel #: OOBH-000202-000003-000001
  • Zoning: BeachfrontResortBRD

Tax Info

  • Tax Annual Amount: 5293.0
  • Tax Book Number: 8399
  • Tax Lot: 1
  • Tax Map Number: 202
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2024
Closed on
Apr 8, 2025
Sold by
Reeves Joan
Bought by
New Htge Builders Inc
Seller's Agent
Cristina Eugen
Keller Williams Realty
Buyer's Agent
Tsvetelina Bryant
Kre Brokerage Group
List Price
$1,550,000
Sold Price
$905,000
Premium/Discount to List
-$645,000
-41.61%
Views
20
Current Estimated Value
$1,173,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,011
Avg. Annual Appreciation
94.47%
Original Mortgage
$900,000
Outstanding Balance
$896,880
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$276,131

Purchase Details

Closed on
Aug 12, 2024
Sold by
Reeves Channing S
Bought by
Reeves Channing S and Reeves Joan
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $905,000 None Available
Warranty Deed $905,000 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 Purchase Money Mortgage
Closed $900,000 Purchase Money Mortgage
Previous Owner $675,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $50,000 Commercial
Previous Owner $384,038 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Sold $905,000 -41.6% $262 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
12/25/2024 12/25/24 For Sale $1,550,000 -- $448 / 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 $7,762 $713,400 $494,600 $218,800
2023 $5,293 $464,300 $275,000 $189,300
2022 $5,171 $422,500 $250,000 $172,500
2021 $5,538 $391,100 $250,000 $141,100
2020 $5,883 $381,500 $250,000 $131,500
2019 $5,913 $381,500 $250,000 $131,500
2018 $5,817 $380,200 $250,000 $130,200
2017 $5,894 $375,400 $250,000 $125,400
2016 $5,804 $375,400 $250,000 $125,400
2015 $5,699 $375,400 $250,000 $125,400
2014 $5,586 $375,400 $250,000 $125,400
2013 $5,181 $375,400 $250,000 $125,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Cristina Eugen

    Keller Williams Realty

    (207) 710-1477

    16 in this area

    63 Total Sales

    Cristina Eugen
    Section Image

  • T

    Buyer's Agent in 2025

    Tsvetelina Bryant

    Kre Brokerage Group

    (207) 468-1639

    2 in this area

    7 Total Sales

    Tsvetelina Bryant
    Section Image
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Map

Source: Maine Listings

MLS Number: 1611574

Maine Listings

APN: OOBH-000202-000003-000001

Maine York County Old Orchard Beach 04064

192 E Grand Ave, Old Orchard Beach, ME

This home is located at 192 E Grand Ave, Old Orchard Beach, ME 04064 and is currently priced at $905,000, approximately $261 per square foot. 192 E Grand Ave is a home located in York County with nearby schools including Jameson Elementary School, Loranger Memorial School, and Old Orchard Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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