NOT LISTED FOR SALE

Estimated Value: $1,814,234

14 Beds
12 Baths
5,587 Sq Ft
$325/Sq Ft Est. Value

Last Sold May 20, 2013

Last sale price $870,000 $156 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $10,908/month

52 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Main Floor Bedroom
  • Nearby Water Access
  • Property is near public transit
  • Attic

About This Home

As of May 2013

Ocean Park jewel! Spacious beachfront cottage, boasting spectacular panoramic ocean views. 14 bedrooms, 12 baths, living room with fireplace, sunporch. Loads of space, unlimited potential for family compound. Enjoy seven miles of sandy beach and fun.

Last Agent to Sell the Property

Skanlon Sittig

Legacy Properties Sotheby's International Realty Listed on: 02/06/2013

Co-Listed By

Rick Griffin

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Rick Griffin

Legacy Properties Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,454

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot
  • Ocean Front
  • Fenced
  • Landscaped
  • Level Lot
  • Property is zoned R-3

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Furnished
  • Gas Fireplace
  • Family Room
  • Living Room
  • Home Office
  • Sun or Florida Room
  • Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 14 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • 12 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Ocean Park Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Legal Lot and Block 9 / 4
  • Assessor Parcel Number 2Colby AvenueOldOrcha32149

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,454

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2358
  • Co List Office Phone: 207-967-0934
  • MLS Status: Closed
  • Subdivision Name: Ocean Park
  • Directions: ME Turnpike to exit 36. Follow I-195 East towards Old Orchard Beach and through traffic circle onto Temple Ave. Left onto Seaside Ave and 1st right onto Colby.
  • Above Grade Finished Sq Ft: 4946.0
  • Architectural Style: Cottage, Shingle Style
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 12.0
  • Property Information:SqFt Finished Above Grade: 4946.0
  • Property Information:SqFt Finished Below Grade: 641.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: 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
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Heat Fuel:Electric: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Style:Cottage: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • View:Scenic: Yes
  • Amenities:Furniture Included: Yes
  • Style:Shingle Style: Yes
  • Transportation:Rail Available: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 12
  • Total Bedrooms: 14
  • Below Grade Sq Ft: 641.0
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Attic, Other, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Upper
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Sidewalks, Landscaped, Neighborhood
  • View: Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 23

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 2Colby AvenueOldOrcha32149
  • Zoning: R-3

Tax Info

  • Tax Annual Amount: 8454.0
  • Tax Block: 4
  • Tax Book Number: 7419
  • Tax Lot: 9
  • Tax Map Number: 321
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2013
Closed on
May 21, 2013
Sold by
Kessler Richard T
Bought by
Kassab Charlotte A and Katz James A
Seller's Agent
Skanlon Sittig
Legacy Properties Sotheby's International Realty
Buyer's Agent
Rick Griffin
Legacy Properties Sotheby's International Realty
List Price
$950,000
Sold Price
$870,000
Premium/Discount to List
-$80,000
-8.42%
Current Estimated Value
$1,814,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$944,234
Avg. Annual Appreciation
6.26%
Source: Public Records

Range of Values:

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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
Kassab Charlotte A -- --
Kassab Charlotte A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2013 05/20/13 Sold $870,000 -8.4% $156 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $950,000 -- $170 / 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 $12,277 $1,128,400 $614,900 $513,500
2023 $11,953 $1,048,500 $559,000 $489,500
2022 $9,843 $804,200 $494,000 $310,200
2021 $10,075 $711,500 $403,000 $308,500
2020 $10,971 $711,500 $403,000 $308,500
2019 $11,028 $711,500 $403,000 $308,500
2018 $10,886 $711,500 $403,000 $308,500
2017 $10,150 $646,500 $338,000 $308,500
2016 $9,995 $646,500 $338,000 $308,500
2015 $9,814 $646,500 $338,000 $308,500
2014 $9,620 $646,500 $338,000 $308,500
2013 $8,680 $629,000 $338,000 $291,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1080757

Maine Listings

APN: OOBH-000321-000004-000009