Seller's Agent in 2023
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
(207) 370-5406
145 in this area
643 Total Sales
277 Main St Unit 1 Ogunquit, ME 03907
Ogunquit NeighborhoodEstimated Value: $1,959,276
7
Beds
7
Baths
3,319
Sq Ft
$125/mo
HOA Fee
Highlights
- Ocean Front
- Nearby Water Access
- Scenic Views
- Wells Junior High School Rated A-
- Public Beach
- 3.24 Acre Lot
About This Home
As of May 2023Located in the vibrant center of Ogunquit, the historic Black Boar Inn and Bistro was built in 1674, received a major addition in 1720 and is one of the oldest homes in the area. Catching a glimpse of the charm that characterized a bygone era, you will find many details throughout: wide pine floors, fine details, remnants of the original pocket/Colonial shutters, and eight working fireplaces, including the wood burning fireplace in the kitchen that is still used today to provide hearty meals to travelers from near and far. New owners could continue to use the property as the thriving seven bedroom, seven bath Inn and Restaurant or as a generational vacation or year-round retreat. The mature gardens enhance the oversized front porch where guests can enjoy a casual place to relax all within minutes of the downtown area, hosting numerous fine restaurants, shopping, art galleries and the famed Ogunquit Beach and Playhouse. A recent addition to the Black Boar Inn business is the intimate dining room, now available to the public, adding to the income generation. This turnkey home, with all the accoutrements to continue a bed and breakfast business, allows for immediate occupancy. The property has been a favorite destination for over 340 years and is waiting for the next steward to carry on its legacy.
Last Agent to Sell the Property
Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 01/12/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,868
Year Built
- Built in 1720
Lot Details
- Ocean Front
- Public Beach
- Landscaped
- Open Lot
HOA Fees
- $125 Monthly HOA Fees
Home Design
- Colonial Architecture
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Clapboard
Interior Spaces
- 3,319 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Skylights
- Wood Burning Fireplace
- Mud Room
- Living Room with Fireplace
- Dining Room with Fireplace
- 8 Fireplaces
- Scenic Vista Views
- Attic
Kitchen
- Gas Range
- Dishwasher
- Fireplace in Kitchen
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 7 Full Bathrooms
- Shower Only
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Interior Basement Entry
- Dirt Floor
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
Outdoor Features
- Nearby Water Access
- Porch
Location
- City Lot
Utilities
- Air Conditioning
- Multiple cooling system units
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Cable TV Available
Community Details
- A.C. Associates Condominium Subdivision
- The community has rules related to deed restrictions
Listing and Financial Details
- Tax Lot 013/001
- Assessor Parcel Number OGUN-000007-000013-000001
Matterport 3D Tours
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2023
Closed on
May 24, 2023
Sold by
Rafferty Joseph A and Johnson Deidre J
Bought by
Ogunaquit My Job Llc
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Lobin Frizzell
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$1,850,000
Sold Price
$1,625,000
Premium/Discount to List
-$225,000
-12.16%
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
$334,276
Avg. Annual Appreciation
7.40%
Original Mortgage
$1,300,000
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jan 12, 2023
Closed on
May 15, 2023
Sold by
Coso Enterprises Llc
Bought by
Rafferty Joseph A and Johnson Deidre J
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Lobin Frizzell
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$1,850,000
Sold Price
$1,625,000
Premium/Discount to List
-$225,000
-12.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ogunaquit My Job Llc | -- | None Available | |
| Rafferty Joseph A | $1,625,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rafferty Joseph A | $1,300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2023 05/15/23 | Sold | $1,625,000 | -12.2% | $490 / Sq Ft |
| 03/12/2023 03/12/23 | Pending | -- | -- | -- |
| 01/12/2023 01/12/23 | For Sale | $1,850,000 | -- | $557 / 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 | $10,087 | $1,561,400 | $237,800 | $1,323,600 |
| 2023 | $10,087 | $1,561,400 | $237,800 | $1,323,600 |
| 2022 | $9,868 | $1,561,400 | $237,800 | $1,323,600 |
| 2021 | $6,252 | $768,100 | $86,900 | $681,200 |
| 2020 | $6,145 | $768,100 | $86,900 | $681,200 |
| 2019 | $6,145 | $768,100 | $86,900 | $681,200 |
| 2018 | $3,449 | $768,100 | $86,900 | $681,200 |
| 2017 | $5,822 | $768,100 | $86,900 | $681,200 |
| 2016 | $5,796 | $716,500 | $86,900 | $629,600 |
| 2015 | $5,782 | $716,500 | $86,900 | $629,600 |
| 2014 | $5,560 | $716,500 | $86,900 | $629,600 |
Source: Public Records
Agents Affiliated with this Home
-
Anne Erwin Real Estate
-
Lobin Frizzell
Buyer's Agent in 2023
Lobin Frizzell
Keller Williams Coastal and Lakes & Mountains Realty
(256) 509-4954
1 in this area
124 Total Sales
Map
Source: Maine Listings
MLS Number: 1550836
APN: OGUN-000007-000013-000001
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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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