NOT LISTED FOR SALE

39 & 41 Park Ave Old Orchard Beach, ME 04064

Estimated Value: $480,000 - $610,000

3 Beds
2.5 Baths
1,820 Sq Ft
$308/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $368,000 $202 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,367/month

61 Days on Market

Highlights

  • Additional Residence on Property
  • Nearby Water Access
  • Deck
  • Ocean Front
  • Public Beach
  • Ranch Style House

About This Home

As of March 2021

Two well maintained, turn key houses only a 1/2 mile walk to a beautiful sandy beach. This rare opportunity has exceptional rental history with many possibilities; investment, extended family and friends quarters, or reside in one while earning income from the other. Nestled in a quiet neighborhood and close to the popular Old Orchard Beach square. Enjoy Shops, restaurants, family entertainment, and thriving night life. Home #1 offers 2 bedroom, 1 bathroom. Home #2 offers 1 bed,1 bathroom.

Last Agent to Sell the Property

Tiffany Libby Pamela Starnes

Signature Homes Real Estate Group Listed on: 10/07/2020

Co-Listed By

Linda Verville

Signature Homes Real Estate Group, LLC

Last Buyer's Agent

Hannah Finegold

Real Broker

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned R2

Home Design

  • Ranch Style House
  • Gambrel Roof
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,820 Sq Ft Home
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Bathtub
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Additional Residence on Property
  • Property is near a golf course

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2-3
  • Assessor Parcel Number OOBH-000315-000002-000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,771

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3090
  • Co List Office Phone: 207-885-0500
  • MLS Status: Closed
  • Directions: From Saco Ave (RT. 5). Turn onto Union Ave. Take right onto Hillside Ave. At second stop sign take right. House is on the corner of Hillside and Park Ave.
  • Above Grade Finished Sq Ft: 1820.0
  • Architectural Style: Gambrel, Ranch
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1820.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Water Heater:Tankless: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:Gambrel: Yes
  • Dining Room Amenities:Informal: Yes
  • Living Room Amenities:Informal2: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Sunroom Amenities:Three-Season: Yes
  • Sunroom Amenities:Unheated: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Gas Range, Electric Range
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck, Glass Enclosed
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 23

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: OOBH-000315-000002-000003
  • Zoning: R2

Tax Info

  • Tax Annual Amount: 3771.0
  • Tax Book Number: 3990
  • Tax Lot: 2-3
  • Tax Map Number: 315
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Mar 31, 2021
Sold by
Lariviere Debra P
Bought by
Andriakos Penelope
Seller's Agent
Tiffany Libby Pamela Starnes
Signature Homes Real Estate Group
Buyer's Agent
Hannah Finegold
Real Broker
List Price
$400,000
Sold Price
$368,000
Premium/Discount to List
-$32,000
-8%
Current Estimated Value
$560,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,350
Avg. Annual Appreciation
9.62%
Original Mortgage
$317,460
Outstanding Balance
$285,698
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$274,652
Source: Public Records

Range of Values:

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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
Andriakos Penelope -- None Available
Andriakos Penelope -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andriakos Penelope $317,460
Closed Andriakos Penelope $317,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $368,000 -8.0% $202 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $400,000 -- $220 / 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 $5,135 $471,936 $150,336 $321,600
2023 $4,787 $419,952 $136,752 $283,200
2022 $4,493 $367,100 $118,900 $248,200
2021 $4,051 $286,112 $96,912 $189,200
2020 $3,752 $243,300 $64,000 $179,300
2019 $3,771 $243,300 $64,000 $179,300
2018 $3,503 $239,100 $64,000 $175,100
2017 $3,562 $226,900 $59,400 $167,500
2016 $3,492 $225,900 $58,400 $167,500
2015 $3,429 $225,900 $58,400 $167,500
2014 $3,361 $225,900 $58,400 $167,500
2013 $3,113 $225,600 $58,400 $167,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1471837

Maine Listings

APN: OOBH-000315-000002-000003