NOT LISTED FOR SALE

387 Main (Us Route One) St Ogunquit, ME 03907

Ogunquit Neighborhood

Estimated Value: $582,173

0.29 Acre
$2,007,493 Price per Acre
12,632 Sq Ft Lot

Last Sold October 06, 2020

Last sale price $370,000

Est. 57% increase in value since last sale

Current estimated payment $3,286/month

292 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • No HOA
  • Wells Junior High School Rated A-
  • Corner Lot

About This Lot

As of October 2020

This is truly a one-of-a-kind opportunity in coveted Ogunquit Village! This .29 acre lot is located on Route One/Main Street and minutes from the Ogunquit Beach. Building plans have planning board approval, all surveying is complete, and building could begin now. The plans for a 2,400 +/- square foot professional office, that could easily morph into a residential home, were designed by a well-known and highly respected local architect. Fantastic year-round homesite or business location. Imagine the possibilities of a piece of land with a blank slate in famed Ogunquit Village, opportunity is endless! Broker owned.

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 11/21/2019

Last Buyer's Agent

Jennifer Walker

207 Prime Properties, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,906

Lot Details

  • 0.29 Acre Lot
  • Public Beach
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned GB2

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Additional Features

  • City Lot
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 387mainstreetogunquit03907

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Recreation

  • Nearby Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,906

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Head north, on Route 1, from Ogunquit Village approx. 1/10th of a mile on left.
  • Attribution Contact: 207-363-6640
  • Property Information:Seasonal: Unknown
  • Property Information:Lot Size Acres -: 0.29
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Mobile Homes Allowed: No
  • Utility Info Electric On Site: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Intown, Near Public Beach, Near Shopping
  • Waterfront: No

Garage/Parking

  • Parking Features: 5 - 10 Spaces, Other, Paved, On Site

Utilities

  • Electric: On Site
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Parcel #: 387mainstreetogunquit03907
  • Zoning: GB2

Tax Info

  • Tax Annual Amount: 3905.6
  • Tax Book Number: 18073
  • Tax Lot: 13
  • Tax Map Number: 14
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Oct 6, 2020
Sold by
387 Main Street Llc
Bought by
Greenery Holdings Llc
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Jennifer Walker
207 Prime Properties, LLC
List Price
$499,000
Sold Price
$370,000
Premium/Discount to List
-$129,000
-25.85%
Current Estimated Value
$582,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,173
Avg. Annual Appreciation
9.53%
Original Mortgage
$270,000
Outstanding Balance
$240,151
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$342,022
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Greenery Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenery Holdings Llc $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2020 10/06/20 Sold $370,000 -25.9% --
09/09/2020 09/09/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $499,000 -- --
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 $2,384 $369,100 $360,500 $8,600
2023 $2,384 $369,100 $360,500 $8,600
2022 $2,333 $369,100 $360,500 $8,600
2021 $3,047 $374,300 $365,700 $8,600
2020 $3,829 $478,600 $457,200 $21,400
2019 $3,829 $478,600 $457,200 $21,400
2018 $3,862 $488,200 $457,200 $31,000
2017 $3,701 $488,200 $457,200 $31,000
2016 $3,323 $410,700 $365,700 $45,000
2015 $3,314 $410,700 $365,700 $45,000
2014 $3,187 $410,700 $365,700 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1439530

Maine Listings

APN: OGUN-000014-000000-000013