$763,000
SOLD MAR 7, 2019
-- Bed
4 Baths
3,050 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$250 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Scenic Views
  • Coastal Ridge Elementary School Rated A-
  • Public Beach
  • Colonial Architecture

About This Home

As of November 2024

MULTI-UNIT INVESTMENT AT SHORT SANDS BEACH currently grosses nearly $70,000 per year! This is a unique investment opportunity that offers many potential options for the savvy investor. Currently used as a year round 4-unit property, this multi-unit has had some recent updates including a new roof, interior paint, new appliances and flooring. Each unit has its own electric meter and furnace and has ample parking. There is a separate deeded vacant .07 acre lot at 5 Greene Lane that is INCLUDED with the conveyance of this property! Located only 1200' from Short Sands Beach you can owner occupy and live and play near the beach. Enjoy all the amenities the beach life has to offer including shopping, fine and casual dining, live entertainment, and an amusement park. Year round services include public water and sewer, plowed roads, mail delivery and trash removal. Golf, tennis and York Village nearby. Convenient to major road access and only 15 minutes to Portsmouth, NH and an hour to Boston.

Last Agent to Sell the Property

Lori Barrett

Coldwell Banker Yorke Realty

Coldwell Banker Yorke Realty

Co-Listed By

Aubrie Hall

Coldwell Banker Yorke Realty

Last Buyer's Agent

Alexandra Cota

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,537

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,050 Sq Ft Home
  • 2-Story Property
  • Scenic Vista Views
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Shower Only

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

Accessible Home Design

  • Doors are 32 inches wide or more

Outdoor Features

  • Nearby Water Access
  • Porch

Utilities

  • Air Conditioning
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: None Noted
  • Tax Lot 55
  • Assessor Parcel Number YORK-000023-000000-000055

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $67,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,537

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • Co List Office Mls Id: 1274
  • Co List Office Phone: 207-363-4300
  • MLS Status: Closed
  • Directions: Follow Route 1 to Cape Neddick Road (Route 1A). Follow to Short Sands Beach and take a left onto Freeman Street. Follow for approximately 800' and take a left onto Atlantic Ave. Multi-unit will be on the left. Look for sign.
  • Above Grade Finished Sq Ft: 3050.0
  • Architectural Style: Colonial, Other Style
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3050.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: 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
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 67200.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Style:Colonial: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Parking:Off Site: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Utility Info Electric On Site: Yes
  • Water Info:Island3: No
  • Basement:Sump Pump: Yes
  • Washer/Dryer Other Location: Yes
  • Cooling:AC Units: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 2
  • Amenities:Laundry - Coin: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Restrictions:No Cats Allowed: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Walk-Out Access, Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Shower, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Near Shopping, Neighborhood, Other
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Exclusions: None Noted
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Composition, Fiberglass, Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Common, Off Site, On Site

Utilities

  • Laundry Features: Washer Hookup, Laundry - Coin
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Cats Allowed, No Dogs Allowed, Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: YORK-000023-000000-000055
  • Zoning: RES-6

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 67200.0

Tax Info

  • Tax Annual Amount: 7537.0
  • Tax Book Number: 9768
  • Tax Lot: 55
  • Tax Map Number: 23
  • Tax Year: 18

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

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

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

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: Public Records

Source: Maine Listings

MLS Number: 1402063

Maine Listings

APN: YORK-000023-000000-000055