Ida Earle
RE/MAX At Home
(207) 614-7977
125 Total Sales
1 in Old Orchard Beach
$612,500 Price
36 Smithwheel Rd Old Orchard Beach, ME 04064
Old Orchard Beach Area
--
Bed
3
Baths
1,928
Sq Ft
0.41
Acre Lot
Highlights
- Additional Residence on Property
- Nearby Water Access
- Cooling Available
- Ocean Front
- No HOA
- Storage
About This Home
As of August 2024Three unit investment opportunity in Old Orchard, minutes from the pier. Great location with quick access to 95 and Route 1. Low owner expenses, each unit is heated and cooled with heat pumps. Great rental history, this would make a fantastic investment or owner occupied property. Dedicated storage shed for each unit in the rear and plenty of off-street parking. Two of the units are month to month allowing the new owner to adjust to market rents or owner occupy.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,103
Year Built
- Built in 1984
Lot Details
- 17,860 Sq Ft Lot
- Ocean Front
- Property fronts a freeway
- Level Lot
Home Design
- Slab Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 1,928 Sq Ft Home
- Storage
Flooring
- Laminate
- Tile
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Outdoor Features
- Nearby Water Access
- Property is near a beach
- Shed
Utilities
- Cooling Available
- Heat Pump System
- Natural Gas Not Available
- Electric Water Heater
- Internet Available
Additional Features
- Additional Residence on Property
- Property is near golf course and shops
Listing and Financial Details
- Legal Lot and Block 1 / 2
- Assessor Parcel Number OOBH-000210-000002-000001
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $9,640
- Gross Income $58,500
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2024
Closed on
Aug 23, 2024
Sold by
Bought by
Seller's Agent
Cari Turnbull
Maine Real Estate Experts
Buyer's Agent
Steve Foglio
Real Estate 2000 ME/NH
List Price
$600,000
Sold Price
$574,000
Premium/Discount to List
-$26,000
-4.33%
Views
60
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,603
Outstanding Balance
$548,708
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Listed on
Aug 27, 2018
Closed on
Nov 16, 2018
Sold by
Bought by
Seller's Agent
Cari Turnbull
Portside Real Estate Group
Buyer's Agent
Cari Turnbull
Keller Williams Realty
List Price
$350,000
Sold Price
$350,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$343,660
Interest Rate
5.12%
Mortgage Type
FHA
Purchase Details
Listed on
Jul 31, 2017
Closed on
Nov 2, 2017
Sold by
Bought by
Seller's Agent
Jennifer Eri Susan Croteau
Bean Group
Buyer's Agent
Cari Turnbull Barbara Deschenes
Bean Group
List Price
$225,000
Sold Price
$225,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.93%
Original Mortgage
$277,357
Interest Rate
3.83%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Old Orchard Beach, ME
-
Ida Earle
-
Davian Akers
Davian Akers
Keller Williams Realty
(207) 544-4158
128 Total Sales
8 in Old Orchard Beach
$170K - $530K Price Range
-
Elias Leland
Elias Leland
Coldwell Banker Realty
(207) 544-4351
115 Total Sales
8 in Old Orchard Beach
$185K - $775K Price Range
-
Johnna Brown
Johnna Brown
Responds QuicklyRE/MAX Realty One
(877) 793-9862
152 Total Sales
8 in Old Orchard Beach
$118K - $493K Price Range
-
Ann Brannan
Ann Brannan
Coldwell Banker Realty
(207) 606-7260
22 Total Sales
3 in Old Orchard Beach
$90K - $450K Price Range
-
Melinda Torrens
Melinda Torrens
Epique Realty
(833) 268-6193
29 Total Sales
7 in Old Orchard Beach
$313K - $565K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $574,000 | None Available | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $563,603 | ||
| Previous Owner | $352,818 | ||
| Previous Owner | $343,660 | ||
| Closed | $277,357 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $574,000 | -0.9% | $298 / Sq Ft | |
| 06/04/2024 06/04/24 | Pending | -- | -- | -- | |
| 04/24/2024 04/24/24 | Price Changed | $579,000 | -3.5% | $300 / Sq Ft | |
| 04/10/2024 04/10/24 | For Sale | $600,000 | +71.4% | $311 / Sq Ft | |
| 11/14/2018 11/14/18 | Sold | $350,000 | 0.0% | -- | View Prior Sale |
| 09/02/2018 09/02/18 | Pending | -- | -- | -- | |
| 08/27/2018 08/27/18 | For Sale | $350,000 | +55.6% | -- | |
| 10/30/2017 10/30/17 | Sold | $225,000 | 0.0% | $162 / Sq Ft | View Prior Sale |
| 09/12/2017 09/12/17 | Pending | -- | -- | -- | |
| 07/31/2017 07/31/17 | For Sale | $225,000 | -- | $162 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,938 | $511,930 | $138,430 | $373,500 |
| 2024 | $5,570 | $511,930 | $138,430 | $373,500 |
| 2023 | $5,103 | $447,623 | $121,523 | $326,100 |
| 2022 | $4,982 | $407,000 | $110,600 | $296,400 |
| 2021 | $4,624 | $326,588 | $100,388 | $226,200 |
| 2020 | $4,638 | $300,800 | $87,400 | $213,400 |
| 2019 | $4,662 | $300,800 | $87,400 | $213,400 |
| 2018 | $3,950 | $258,200 | $87,400 | $170,800 |
| 2017 | $3,647 | $232,300 | $76,700 | $155,600 |
| 2016 | $3,602 | $233,000 | $77,400 | $155,600 |
| 2015 | $3,537 | $233,000 | $77,400 | $155,600 |
| 2014 | $3,467 | $233,000 | $77,400 | $155,600 |
| 2013 | $3,226 | $233,800 | $77,400 | $156,400 |
Source: Public Records
Agents Affiliated with this Home
-
Cari Turnbull
Seller's Agent in 2024
Cari Turnbull
Maine Real Estate Experts
(207) 807-2062
101 Total Sales
-
Steve Foglio
Buyer's Agent in 2024
Steve Foglio
Real Estate 2000 ME/NH
(207) 432-0718
168 Total Sales
-
J
Seller's Agent in 2017
Jennifer Eri Susan Croteau
Bean Group
-
S
Seller Co-Listing Agent in 2017
Stephen Erickson
Bean Group
-
C
Buyer's Agent in 2017
Cari Turnbull Barbara Deschenes
Bean Group
Map
Source: Maine Listings
MLS Number: 1586051
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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