NOT LISTED FOR SALE

280 & 286 Main St Ogunquit, ME 03907

Ogunquit Neighborhood

Estimated Value: $1,089,000 - $2,560,823

9 Beds
16 Baths
5,830 Sq Ft
$310/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $2,200,000 $377 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $10,034/month

Highlights

  • Nearby Water Access
  • Deck
  • New Englander Architecture
  • Wells Junior High School Rated A-
  • Wood Flooring
  • Main Floor Bedroom

About This Home

As of June 2022

Currently used as a bed and breakfast this notable property is just steps from the center of Ogunquit Village and famed Ogunquit beach. The property consists of 2 separate buildings all unique and vibrant in character. 280 Main Street is 11 rooms, 5 bedrooms and 7 baths. 286 Main Street has 13 rooms, 10 bedrooms and 9 baths. Each property has its own washer and dryer set up and all share the common parking. There is an additional small out building on property which is used currently as a massage studio. These properties have great investment potential. This is a unique opportunity to own a landmark location in the coveted Ogunquit Village!

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 06/07/2022

Last Buyer's Agent

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 06/07/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,664

Year Built

  • Built in 1860

Lot Details

  • 0.45 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5,830 Sq Ft Home
  • Furnished
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 16 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Dirt Floor

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding

Location

  • City Lot

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 52&53
  • Assessor Parcel Number 280and286MainStreetOgunquit03907

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,664

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.45
  • MLS Status: Closed
  • Directions: GPS Compatible
  • Above Grade Finished Sq Ft: 5830.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1860
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 445.11
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.45
  • Property Information:Total Baths: 16.0
  • Property Information:SqFt Finished Above Grade: 5830.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Basement:Dirt Floor: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Unknown
  • Equipment:Cable: Yes
  • Amenities:Furniture Included: Yes
  • Style:New Englander: Yes
  • Cooling:AC Units: Yes
  • Electric:Fuses: Yes
  • Other Structures:Out Building: Yes
  • Advertising Remarks:Advertising Remarks: Currently used as a bed and breakfast this notable property is just steps from the center of Ogunquit Village and famed Ogunquit beach. The property consists of 2 separate buildings all unique and vibrant in character. 280 Main Street is 11 rooms, 5 bedrooms and 7 baths. 286 Main Street has 13 rooms, 10 bedrooms and 9 baths. Each property has its own washer and dryer set up and all share the common parking. There is an additional small out building on property which is used currently as a massage studio. These properties have great investment potential. This is a unique opportunity to own a landmark location in the coveted Ogunquit Village!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Partial, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 16
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Furniture Included, 1st Floor Bedroom

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Common

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 280and286MainStreetOgunquit03907
  • Zoning: GBD1

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 12664.0
  • Tax Lot: 52&53
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
May 16, 2022
Sold by
Peter J Winn Ret and Winn
Bought by
Mancarella Jeffrey and Flolo Todd
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
List Price
$2,595,000
Sold Price
$2,200,000
Premium/Discount to List
-$395,000
-15.22%
Current Estimated Value
$1,807,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$392,544
Avg. Annual Appreciation
-5.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mancarella Jeffrey -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 For Sale $2,595,000 +18.0% $445 / Sq Ft
06/06/2022 06/06/22 Sold $2,200,000 -- $377 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
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 $6,426 $994,800 $516,700 $478,100
2023 $6,426 $994,800 $516,700 $478,100
2022 $6,515 $1,030,800 $568,300 $462,500
2021 $7,049 $866,000 $442,700 $423,300
2020 $6,928 $866,000 $442,700 $423,300
2019 $6,928 $866,000 $442,700 $423,300
2018 $6,850 $866,000 $442,700 $423,300
2017 $6,564 $866,000 $442,700 $423,300
2016 $6,783 $838,400 $442,700 $395,700
2015 $6,766 $838,400 $442,700 $395,700
2014 $6,506 $838,400 $442,700 $395,700
Source: Public Records

Agents Affiliated with this Home

  • Anne Erwin Real Estate

    Seller's Agent in 2022

    Anne Erwin Real Estate

    Anne Erwin Sotheby's International Realty

    (207) 370-5406

    145 in this area

    643 Total Sales

    Anne Erwin Real Estate
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Map

Source: Maine Listings

MLS Number: 1531394

Maine Listings

APN: OGUN-000007-000000-000052

Maine York County Ogunquit 03907 Ogunquit

280 & 286 Main St, Ogunquit, ME

Not Listed for Sale

MultiFamily

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