NOT LISTED FOR SALE
-- Bed
5 Baths
2,675 Sq Ft
3,920 Sq Ft Lot

Last Sold October 12, 2018

Last sale price $305,000 $114 Per Sq Ft

6 Days on Market

Highlights

  • Nearby Water Access
  • Federal Architecture
  • Wood Flooring
  • Public Beach
  • Property is near public transit
  • No HOA

About This Home

As of October 2018

Here is your opportunity to own part of renowned Old Orchard Beach, Maine! This affordable, large 5-unit building is located two blocks from Saco Bay's 7 mile stretch of sandy beaches, and just a short walk to all of downtown's attractions-shopping, restaurants, amusement park and night life. If you're an investor or owner occupant looking for a building with options, this location's zone permits multi-use opportunities. On Site parking and attached vehicle storage included. Opportunity knocks!

Last Agent to Sell the Property

Greg Robert

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 08/28/2018

Coldwell Banker Realty

Co-Listed By

Matthew Vire

Coldwell Banker Realty Brokerage Phone: 207-282-5988

Last Buyer's Agent

Paul Dunton

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,718

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Public Beach
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Federal Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 2,675 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Nearby Water Access

Location

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

Utilities

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

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Legal Lot and Block 3 / 15
  • Assessor Parcel Number OOBH-000315-000015-000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,718

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1039
  • Co List Office Phone: 207-282-5988
  • MLS Status: Closed
  • Directions: Saco ave to Union Ave. Building is on the right just before stop sign at intersection of Union and West Grand Ave.
  • Above Grade Finished Sq Ft: 2675.0
  • Architectural Style: Federal, Multi-Level
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1920
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 2675.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 5
  • Building Info:_pound_ Stories2: 3
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Style:Federal: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 5
  • Fireplace: No
  • Flooring: Wood, Vinyl, Other, Carpet

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Composition, Pitched, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, 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: 3920.4
  • Parcel #: OOBH-000315-000015-000003
  • Zoning: NC-2

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 4718.0
  • Tax Block: 15
  • Tax Book Number: 16997
  • Tax Lot: 3
  • Tax Map Number: 315
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2020
Sold by
Peacock Development Llc
Bought by
Bethel Route 26 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,920
Outstanding Balance
$321,736
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2018
Closed on
Oct 15, 2018
Sold by
21 Union Street Llc
Bought by
Peacock Development Llc
Seller's Agent
Greg Robert
Coldwell Banker Realty
Buyer's Agent
Paul Dunton
ERA Dawson-Bradford Co.
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2014
Closed on
Apr 9, 2015
Sold by
Cresset Realty Corp
Bought by
21 Union Avenue Llc
Seller's Agent
Tony Donovan
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Marc Fishman
Fishman Realty Group, Inc.
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%
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 Buyer Sale Price Title Company
Bethel Route 26 Llc -- None Available
Peacock Development Llc -- --
21 Union Avenue Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bethel Route 26 Llc $359,920
Previous Owner Peacock Development Llc $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $305,000 +2.0% $114 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $299,000 +8.7% $112 / Sq Ft
04/09/2015 04/09/15 Sold $275,000 -6.8% $71 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
10/13/2014 10/13/14 For Sale $295,000 -- $77 / 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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1368102

Maine Listings

APN: OOBH M:315 B:15 L:3-0