NOT LISTED FOR SALE

2 Banks Brook Rd Old Orchard Beach, ME 04064

Estimated Value: $469,000 - $531,000

3 Beds
1.5 Baths
1,552 Sq Ft
$325/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $325,000 $209 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,121/month

Highlights

  • Ocean Front
  • Public Beach
  • 0.51 Acre Lot
  • Nearby Water Access
  • Country Club
  • Deck

About This Home

As of July 2020

One floor Living in this fabulous Ranch with a 2 Car Garage. Large private bonus room with access to the back deck, and has a wood stove to take the chill off or open the door and enjoy the breeze in the Summer. Open Kitchen area that flows nicely into the Dining area. A Must See home.

Last Agent to Sell the Property

Jennifer Eri Susan Croteau

Bean Group Brokerage Email: ericksoncroteauhomesales@gmail.com Listed on: 06/03/2020

Bean Group

Co-Listed By

Stephen Erickson

Bean Group Brokerage Email: ericksoncroteauhomesales@gmail.com

Last Buyer's Agent

David Dunn

The Real Estate Store

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,676

Year Built

  • Built in 1981

Lot Details

  • 0.51 Acre Lot
  • Ocean Front
  • Public Beach
  • Landscaped
  • Corner Lot
  • Level Lot
  • Property is zoned RD

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • 1,552 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed

Location

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Attic

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 2BanksBrookOldOrchardBeachMe.04064

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,676

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2722
  • Co List Office Phone: 207-282-5000
  • MLS Status: Closed
  • Directions: From Cascade Road turn onto Banks Brook Road and it is the 1st home on right.
  • Above Grade Finished Sq Ft: 1552.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1981
  • Attribution Contact: ericksoncroteauhomesales@gmail.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.51
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1552.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Near Country Club: Yes
  • Location:Near Railroad: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Attic, One-Floor Living

Exterior Features

  • Lot Features: Corner Lot, Level, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Direct Vent Furnace, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: 2BanksBrookOldOrchardBeachMe.04064
  • Zoning: RD

Tax Info

  • Tax Annual Amount: 3676.0
  • Tax Book Number: 17819
  • Tax Lot: 24
  • Tax Map Number: 103
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 21, 2020
Sold by
Mckee Wayne N and Mckee Cheryl L
Bought by
Roy Troy A and Wilkins-Roy Carol
Seller's Agent
Jennifer Eri Susan Croteau
Bean Group
Buyer's Agent
David Dunn
The Real Estate Store
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$504,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,054
Avg. Annual Appreciation
8.52%
Original Mortgage
$295,750
Outstanding Balance
$265,156
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$226,331

Purchase Details

Listed on
Aug 23, 2018
Closed on
Oct 10, 2018
Sold by
Spearman Douglas E and Spearman Marlene R
Bought by
Mckee Wayne N and Mckee Cheryl L
Seller's Agent
Lori Ann Pelletier
Regency Realty Group
Buyer's Agent
Lori Ann Pelletier
Regency Realty Group
List Price
$289,000
Sold Price
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$264,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Roy Troy A -- None Available
Mckee Wayne N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roy Troy A $295,750
Previous Owner Mckee Wayne N $264,000
Previous Owner Spearman Marlene R $25,000
Previous Owner Spearman Douglas E $136,000
Previous Owner Spearman Douglas E $135,000
Previous Owner Spearman Marlene R $97,919
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $325,000 0.0% $209 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $325,000 +12.5% $209 / Sq Ft
10/05/2018 10/05/18 Sold $289,000 0.0% $186 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $289,000 -- $186 / 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 $4,338 $398,700 $142,500 $256,200
2023 $4,007 $351,500 $125,800 $225,700
2022 $3,798 $310,300 $100,600 $209,700
2021 $3,711 $262,100 $97,200 $164,900
2020 $3,815 $247,400 $84,300 $163,100
2019 $3,677 $237,200 $84,300 $152,900
2018 $3,034 $224,600 $84,300 $140,300
2017 $3,244 $206,600 $74,300 $132,300
2016 $3,208 $207,500 $73,600 $133,900
2015 $3,150 $207,500 $73,600 $133,900
2014 $3,088 $207,500 $73,600 $133,900
2013 $2,864 $207,500 $73,600 $133,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jennifer Eri Susan Croteau

    Bean Group

    Section Image

  • S

    Seller Co-Listing Agent in 2020

    Stephen Erickson

    Bean Group

  • D

    Buyer's Agent in 2020

    David Dunn

    The Real Estate Store

    (207) 284-5759

    4 in this area

    28 Total Sales

    Section Image
  • Lori Ann Pelletier

    Seller's Agent in 2018

    Lori Ann Pelletier

    Regency Realty Group

    (207) 253-1500

    1 in this area

    48 Total Sales

    Section Image
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Map

Source: Maine Listings

MLS Number: 1454713

Maine Listings

APN: OOBH-000103-000004-000024

Maine York County Old Orchard Beach 04064

2 Banks Brook Rd, Old Orchard Beach, ME

This home is located at 2 Banks Brook Rd, Old Orchard Beach, ME 04064 since 03 June 2020 and is currently estimated at $504,963, approximately $325 per square foot. This property was built in 1981. 2 Banks Brook Rd is a home located in York County with nearby schools including Jameson Elementary School, Loranger Memorial School, and Old Orchard Beach High School.

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