A
Seller's Agent in 2024
Amber
The Collective Real Estate Co
(207) 808-3050
1 in this area
42 Total Sales
--
Bed
4
Baths
3,050
Sq Ft
6,970
Sq Ft Lot
Highlights
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Nov 25, 2024
Sold by
Besso Llc
Bought by
Foley James M
Seller's Agent
Amber
The Collective Real Estate Co
Buyer's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$1,199,000
Sold Price
$1,225,001
Premium/Discount to List
$26,001
2.17%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,986
Avg. Annual Appreciation
-1.47%
Original Mortgage
$857,500
Outstanding Balance
$854,264
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$358,283
Purchase Details
Listed on
Jan 10, 2019
Closed on
Mar 7, 2019
Sold by
House Of Acquinnah Llc
Bought by
Besso Llc
Seller's Agent
Lori Barrett
Coldwell Banker Yorke Realty
Buyer's Agent
Alexandra Cota
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$789,900
Sold Price
$763,000
Premium/Discount to List
-$26,900
-3.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$534,100
Interest Rate
4.4%
Mortgage Type
Undefined Multiple Amounts
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase 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: Public Records
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 |
Source: Public Records
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 |
Source: Maine Listings
Tax History Compared to Growth
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 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Nicole Mueller
The Collective Real Estate Co
(207) 514-4372
1 in this area
25 Total Sales
-
Buyer's Agent in 2024
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
(207) 351-8188
200 in this area
1,114 Total Sales
-
Seller's Agent in 2019
Lori Barrett
Coldwell Banker Yorke Realty
(207) 337-1515
14 in this area
136 Total Sales
-
A
Seller Co-Listing Agent in 2019
Aubrie Hall
Coldwell Banker Yorke Realty
(207) 351-5015
7 in this area
53 Total Sales
-
A
Buyer's Agent in 2019
Alexandra Cota
Keller Williams Coastal and Lakes & Mountains Realty
Map
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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