NOT LISTED FOR SALE

20 Ocean Ave Old Orchard Beach, ME 04064

Estimated Value: $1,084,000 - $1,220,091

4 Beds
4 Baths
4,193 Sq Ft
$277/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $640,000 $153 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,057/month

108 Days on Market

Highlights

  • Public Beach
  • 1 Fireplace
  • Cottage
  • Wood Flooring
  • No HOA
  • Subterranean Parking

About This Home

As of August 2018

FLEXIBLE MULTI-FAMILY IN OCEAN PARK! Lower has 4/2/2, and can sleep 6. Upper has 8/4/2.5 ans sleeps 9. Kitchens and baths are updated. Lots of wood finishes! Lower has patio / Upper has a deck and porch.! Property is served by central heat and has been used into January. Year round use may be possible as-is. This is a grand property with lots of possibilities!. Excellent rental history (summer rentals) and owners are already booking for 2018. All furnishings included! SEE 'ADDITIONAL REMARKS' IN ATTACHED DOCS.

Last Agent to Sell the Property

Jeffrey Chute

Ocean Park Realty Listed on: 11/17/2017

Last Buyer's Agent

Jeffrey Chute

Ocean Park Realty Listed on: 11/17/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,082

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Public Beach
  • Level Lot

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 4,193 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Basement

  • Walk-Out Basement
  • Natural lighting in basement

Parking

  • Subterranean Parking
  • Common or Shared Parking
  • Shared Driveway

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 4 / 19
  • Assessor Parcel Number OOBH-000321-000019-000004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,082

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: West Grand at the corner of Oceana.
  • Above Grade Finished Sq Ft: 4193.0
  • Architectural Style: Cottage
  • Building Stories: 2
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: Unknown
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:SqFt Finished Above Grade: 4193.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Location:Near Public Beach: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Style:Cottage: Yes
  • Vehicle Storage:Under: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Daylight, Walk-Out Access
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile, Carpet
  • Stories: 3

Exterior Features

  • Lot Features: Level, Near Public Beach
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: OOBH-000321-000019-000004
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6082.0
  • Tax Block: 19
  • Tax Book Number: 10761
  • Tax Lot: 4
  • Tax Map Number: 321
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2017
Closed on
Aug 8, 2018
Sold by
Moreau Ret
Bought by
Lee Janet L and Lee William F
Seller's Agent
Jeffrey Chute
Ocean Park Realty
Buyer's Agent
Jeffrey Chute
Ocean Park Realty
List Price
$648,000
Sold Price
$640,000
Premium/Discount to List
-$8,000
-1.23%
Current Estimated Value
$1,162,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,023
Avg. Annual Appreciation
7.73%
Original Mortgage
$326,918
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Lee Janet L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Janet L $326,918
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2018 08/07/18 Sold $640,000 -1.2% $153 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
11/17/2017 11/17/17 For Sale $648,000 -- $155 / 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 $11,042 $1,014,900 $423,800 $591,100
2023 $10,094 $885,400 $378,300 $507,100
2022 $9,690 $791,700 $331,600 $460,100
2021 $9,120 $644,100 $272,700 $371,400
2020 $8,873 $575,400 $230,900 $344,500
2019 $8,919 $575,400 $230,900 $344,500
2018 $6,255 $572,100 $230,900 $341,200
2017 $6,239 $397,400 $204,700 $192,700
2016 $6,082 $393,400 $200,900 $192,500
2015 $5,972 $393,400 $200,900 $192,500
2014 $5,854 $393,400 $200,900 $192,500
2013 $5,429 $393,400 $200,900 $192,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jeffrey Chute

    Ocean Park Realty

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Map

Source: Maine Listings

MLS Number: 1332581

Maine Listings

APN: OOBH-000321-000019-000004

Maine York County Old Orchard Beach 04064

20 Ocean Ave, Old Orchard Beach, ME

This home is located at 20 Ocean Ave, Old Orchard Beach, ME 04064 since 17 November 2017 and is currently estimated at $1,162,023, approximately $277 per square foot. This property was built in 1910. 20 Ocean 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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