NOT LISTED FOR SALE

29 Portland Ave Old Orchard Beach, ME 04064

Estimated Value: $748,000 - $939,000

8 Beds
5.5 Baths
2,835 Sq Ft
$308/Sq Ft Est. Value

Last Sold April 13, 2015

Last sale price $195,000 $69 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $5,483/month

65 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • New Englander Architecture
  • Country Club
  • Wood Flooring
  • Main Floor Bedroom

About This Home

As of April 2015

This is a large apartment that features two floors- large kitchen, living room, 2 bedrooms on the first floor and 2 bedrooms on the top floor. There are two bathrooms which feature stand up showers. There is a community washer/dryer located on the ground level for all tenants in the building to use conveniently. Plenty of parking in the lot located next to the building. All utilities are included! Plowing and 24/7 maintenance as well. Leasing available until May 31, 2024. Flexible lease options can be discussed as well. The apartment can also come furnished or unfurnished upon request!

Last Agent to Sell the Property

Benjamin Ely

Regency Realty Group Listed on: 11/10/2014

Co-Listed By

Martin Macisso JR.

Regency Realty Group

Last Buyer's Agent

Benjamin Ely

Regency Realty Group Listed on: 11/10/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,822

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

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

Interior Spaces

  • 3-Story Property
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Nearby Water Access
  • Deck
  • Patio

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater

Listing and Financial Details

  • Short Sale
  • Legal Lot and Block 11 / 8
  • Assessor Parcel Number 29Portland AvenueOldOrcha205811

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,822

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2438
  • Co List Office Phone: 207-253-1500
  • MLS Status: Closed
  • Directions: Route 1 to Cascade Road, Cascade Road turns into Portland Ave. # 29 on Left side of Road.
  • Architectural Style: Multi-Level, New Englander
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 6.0
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 3
  • Style:Multi-Level: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: Yes
  • Recreational Water:Nearby: Yes
  • Water Heater:Oil2: Yes
  • Location:Near Country Club: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Partial
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, Walk-In Closet(s)
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Landscaped, Intown, Near Golf Course, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Fire System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 29Portland AvenueOldOrcha205811
  • Zoning: GB-1

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4822.0
  • Tax Block: 8
  • Tax Book Number: 147
  • Tax Lot: 11
  • Tax Map Number: 205
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2014
Closed on
Apr 14, 2015
Sold by
Huntley Kenneth E
Bought by
King Construction Corp
Seller's Agent
Benjamin Ely
Regency Realty Group
Buyer's Agent
Benjamin Ely
Regency Realty Group
List Price
$275,000
Sold Price
$195,000
Premium/Discount to List
-$80,000
-29.09%
Total Days on Market
65
Current Estimated Value
$872,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$677,000
Avg. Annual Appreciation
16.88%
Original Mortgage
$42,000
Outstanding Balance
$32,830
Interest Rate
3.77%
Mortgage Type
Unknown
Estimated Equity
$915,170

Purchase Details

Closed on
Feb 22, 2006
Sold by
Francis Pamela
Bought by
Carter Sherri and Huntley Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
King Construction Corp -- --
Carter Sherri -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Construction Corp $42,000
Open Huntley Kenneth $355,605
Closed Carter Sherri $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $1,700 -- --
09/15/2024 09/15/24 For Rent $1,700 0.0% --
04/13/2015 04/13/15 Sold $195,000 -29.1% $69 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
11/10/2014 11/10/14 For Sale $275,000 -- $97 / Sq Ft
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 $7,218 $663,400 $119,100 $544,300
2023 $6,539 $573,600 $100,100 $473,500
2022 $5,954 $486,400 $77,300 $409,100
2021 $5,341 $377,200 $66,600 $310,600
2020 $5,536 $359,000 $57,800 $301,200
2019 $5,565 $359,000 $57,800 $301,200
2018 $5,301 $346,500 $57,800 $288,700
2017 $5,222 $332,600 $48,900 $283,700
2016 $5,165 $334,100 $50,400 $283,700
2015 $5,072 $334,100 $50,400 $283,700
2014 $4,971 $334,100 $50,400 $283,700
2013 -- $334,100 $50,400 $283,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1159898

Maine Listings

APN: OOBH-000205-000008-000011