NOT LISTED FOR SALE

Estimated Value: $641,000 - $800,000

3 Beds
3 Baths
3,020 Sq Ft
$233/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $550,000 $182 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,268/month

5 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Colonial Architecture
  • Nearby Water Access
  • Country Club
  • Deck

About This Home

As of February 2023

Looking to live in a large colonial in the heart of Old Orchard Beach? Then welcome to 23 Elm Street. This 3 bedroom, 2.5 bath home boasts over 3000 square feet of living, sitting on an oversized lot. The first floor has an open floor plan perfect for entertaining and a large deck great for evening BBQs. Your 2nd floor has a master bedroom en suite with a large walk in closet. Short bike ride to the Eastern Trail, miles of sandy beaches and the World Famous Pier. Convenient to the Turnpike, airport and downtown Portland.

Last Agent to Sell the Property

James McAleney

Cottage & Co Real Estate Listed on: 01/16/2023

Last Buyer's Agent

Lindsay Anderson

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,007

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • Ocean Front
  • Public Beach
  • Landscaped
  • Open Lot
  • Property is zoned R-5

Parking

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

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • Skylights
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Heated Sun or Florida Room
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near public transit
  • Property is near a golf course
  • Suburban Location

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 13 / 9
  • Assessor Parcel Number OOBH-000403-000005-000012

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,007

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS friendly.... Rt 1 to Cascade to Elm
  • Above Grade Finished Sq Ft: 2384.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1989
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2384.0
  • Property Information:SqFt Finished Below Grade: 636.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat System:Heat Pump: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Walk-in Closet17: Yes
  • Location:Suburban: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Room Features:Skylight32: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Location:Near Country Club: Yes
  • Basement:Sump Pump: Yes
  • Laundry Room:Laundry Room: Yes
  • Den:Den: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Sunroom Amenities:Skylight8: Yes
  • Sunroom Amenities:Heated2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Daylight, Finished, Full, Sump Pump, Interior Entry, Walk-Out Access
  • Half Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 636.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Bathtub
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivided, Suburban, Near Railroad
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.4
  • Parcel #: OOBH-000403-000005-000012
  • Zoning: R-5

Tax Info

  • Tax Annual Amount: 6007.0
  • Tax Block: 9
  • Tax Book Number: 18648
  • Tax Lot: 13
  • Tax Map Number: 403
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Feb 23, 2023
Sold by
Scarafoni Marcus J and Scarafoni Lisa F
Bought by
Merrill Kathryn L and Bayliss Emily
Seller's Agent
James McAleney
Cottage & Co Real Estate
Buyer's Agent
Lindsay Anderson
Keller Williams Realty
List Price
$510,000
Sold Price
$550,000
Premium/Discount to List
$40,000
7.84%
Total Days on Market
5
Current Estimated Value
$702,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,417
Avg. Annual Appreciation
11.17%
Original Mortgage
$467,500
Outstanding Balance
$455,362
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,055

Purchase Details

Listed on
Feb 16, 2021
Closed on
Apr 30, 2021
Sold by
Cloutier Gregory G and Cloutier Carol M
Bought by
Scarafoni Lisa F and Scarafoni Marcus J
Seller's Agent
Christina Connell
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
James McAleney
Cottage & Co Real Estate
List Price
$399,000
Sold Price
$416,000
Premium/Discount to List
$17,000
4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%
Original Mortgage
$332,800
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
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
Merrill Kathryn L $550,000 None Available
Scarafoni Lisa F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrill Kathryn L $467,500
Previous Owner Scarafoni Lisa F $332,800
Previous Owner Cloutier Gregory G $315,000
Previous Owner Cloutier Carol M $109,000
Previous Owner Cloutier Carol M $120,000
Previous Owner Cloutier Gregory G $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $550,000 +7.8% $182 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $510,000 +22.6% $169 / Sq Ft
04/30/2021 04/30/21 Sold $416,000 +4.3% $138 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $399,000 -- $132 / 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 $6,484 $596,000 $145,100 $450,900
2023 $6,335 $555,700 $139,500 $416,200
2022 $6,306 $515,200 $126,800 $388,400
2021 $6,007 $424,200 $118,700 $305,500
2020 $4,749 $333,000 $67,700 $265,300
2019 $5,162 $333,000 $67,700 $265,300
2018 $3,832 $287,900 $67,700 $220,200
2017 $4,189 $266,800 $58,500 $208,300
2016 $4,092 $264,700 $56,400 $208,300
2015 $4,018 $264,700 $56,400 $208,300
2014 $3,939 $264,700 $56,400 $208,300
2013 $3,730 $270,300 $59,700 $210,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1551002

Maine Listings

APN: OOBH-000403-000005-000012