27 Atlantic Ave York, ME 03909
Cape Neddick NeighborhoodHighlights
- Ocean Front
- Nearby Water Access
- Colonial Architecture
- Coastal Ridge Elementary School Rated A-
- Public Beach
- Wood Flooring
About This Home
As of November 2024Welcome to the Maine coast! 27 Atlantic Ave. is home to this spacious 4 unit multi family, just steps to the Short Sands Beach of York. An expansive composite deck welcomes all guests and occupants to each space, with detailed landscaping and views of the ocean the moment you leave the lot. This building, consisting of 1 - 1bed/1bath and 3 - 2bed/1bath spaces, provides dedicated utilities, substantial storage, and bright, well appointed units. In addition to 27 Atlantic is a deeded separate lot at 5 Greene St., currently used for additional parking however is potentially buildable per York code office. Fully occupied with an NOI of over $81k, this investment property is a perfect addition to a long term rental portfolio or conversion to STR with draws to Short Sands Beach, Long Sands Beach, nearby Kennebunkport, Kittery and more.
Join us at our group showings Sunday October 27th 10am-11:30am and Tuesday October 29th 11:30am-1:00pm.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,560
Year Built
- Built in 1950
Lot Details
- 6,970 Sq Ft Lot
- Ocean Front
- Property fronts a private road
- Public Beach
- Level Lot
- Open Lot
Home Design
- Colonial Architecture
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 4 Full Bathrooms
- 3,050 Sq Ft Home
- Water Views
Flooring
- Wood
- Carpet
- Vinyl
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Parking
- Common or Shared Parking
- Gravel Driveway
- Shared Driveway
- On-Site Parking
- Off-Site Parking
Outdoor Features
- Nearby Water Access
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Heating System Uses Propane
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 0055
- Assessor Parcel Number YORK-000023-000000-000055
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $10,502
- Gross Income $96,300
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/25/2024 11/25/24 | Sold | $1,225,001 | +2.2% | $402 / Sq Ft |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $1,199,000 | +57.1% | $393 / Sq Ft |
| 03/07/2019 03/07/19 | Sold | $763,000 | -3.4% | $250 / Sq Ft |
| 01/17/2019 01/17/19 | Pending | -- | -- | -- |
| 01/10/2019 01/10/19 | For Sale | $789,900 | -- | $259 / Sq Ft |
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 | $4,533 | $539,600 | $296,300 | $243,300 |
| 2023 | $4,560 | $539,600 | $296,300 | $243,300 |
| 2022 | $6,377 | $745,800 | $256,800 | $489,000 |
| 2021 | $5,724 | $575,300 | $256,800 | $318,500 |
| 2020 | $6,386 | $575,300 | $256,800 | $318,500 |
| 2019 | $6,415 | $575,300 | $256,800 | $318,500 |
| 2018 | $2,746 | $575,300 | $256,800 | $318,500 |
| 2017 | $5,340 | $487,700 | $192,100 | $295,600 |
| 2016 | $5,101 | $457,500 | $161,900 | $295,600 |
| 2015 | $5,033 | $457,500 | $161,900 | $295,600 |
| 2014 | $4,895 | $457,500 | $161,900 | $295,600 |
| 2013 | $4,772 | $457,500 | $161,900 | $295,600 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $857,500 | Purchase Money Mortgage | |
| Closed | $857,500 | Purchase Money Mortgage | |
| Previous Owner | $534,100 | Undefined Multiple Amounts | |
| Previous Owner | $250,000 | Commercial |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,225,000 | None Available | |
| Warranty Deed | $1,225,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Maine Listings
MLS Number: 1607891
APN: YORK-000023-000000-000055
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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