NOT LISTED FOR SALE

Estimated Value: $1,182,592 - $1,625,000

8 Beds
4 Baths
2,442 Sq Ft
$575/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $1,525,000 $624 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $8,473/month

54 Days on Market

Highlights

  • Additional Residence on Property
  • 75 Feet of Waterfront
  • Wood Flooring
  • Saco Middle School Rated A-
  • Deck
  • Main Floor Bedroom

About This Home

As of October 2024

The Peekytoe Cottage and Carriage House is a beachfront family retreat just five minutes south along the shore from famous Old Orchard Beach and its downtown attractions. It is situated near the quiet fishing village of Camp Ellis on Ferry Beach. The cottage is a spacious beachfront house with six bedrooms and three baths. The additional detached Carriage House has two bedrooms, one bath and all provide a stunning view of the entire Saco Bay and its several small islands. At the Peekytoe Cottage, every effort has been made to provide convenience, comfort and atmosphere for a relaxing seaside family vacation.
Incredible investment opportunity with return guests and impressive rental income. Peekytoe Cottage offers a buyer a real estate investment with a solid seasonal rental history, (but could be rented year round). Perfect for passive income, as a large family vacation home, or simply a way to pay down the mortgage of your future beach home, Peekytoe Cottage offers options! Perfect opportunity for your 1031 exchange, or enjoying the income until you decide to move in? Endless potential for this elevated ocean -front gem! See extensive list of renovations seller has done since purchasing The property sits at an elevation above high water mark and behind a riprap seawall to protect from flooding and erosion, and while not a federal requirement, current owners do have a FEMA insurance policy, at a very reasonable annual expense of $2,133 for both dwellings. Buyers are encouraged to seek their own advice;

Last Agent to Sell the Property

Dana Moos

Portside Real Estate Group Listed on: 07/03/2024

Co-Listed By

Christine Pemberton

Pemberton Real Estate

Last Buyer's Agent

Steve & Jennifer Erickson

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,684

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • 75 Feet of Waterfront
  • Property is zoned CE (Camp Ellis Shore

Parking

  • 1 Car Garage

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,442 Sq Ft Home
  • Ceiling Fan
  • Interior Basement Entry

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Additional Homes

  • Additional Residence on Property

Utilities

  • Cooling Available
  • Heat Pump System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Camp Ellis Subdivision

Listing and Financial Details

  • Tax Lot 086
  • Assessor Parcel Number SACO-000002-000086

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,684

Year Built

Built in 1900

Lot Details

7,841 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Water Body Name: Atlantic Ocean
  • Co List Office Phone: 207-288-5818
  • MLS Status: Closed
  • Subdivision Name: Camp Ellis
  • Directions: Route 95 to I-195 and Route 9, to Ocean Park Rd, to Temple Ave, to right on Route 9/Seaside Ave, to left on Lower Beach Road. Property sits at the end on the right.
  • Above Grade Finished Sq Ft: 2442.0
  • Architectural Style: Cottage, Other
  • Garage Yn: Yes
  • Efficiency: Ceiling Fans
  • Year Built: 1900
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 653.15
  • Property Information:Seasonal: No
  • Water Info:Water View2: Yes
  • Living Room:Living Room: Living Room
  • Property Information:Short Sale Continue to Show: No
  • Water Info:Waterfront Amount -: 75.0
  • Water Info:Water Frontage Owned -: 75.0
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Laundry Room:Laundry Room: Laundry
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Interior Entry
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Tile, Vinyl, Wood
  • Window Features: Storm Window(s)
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: First
  • Bedroom 5:Bedroom 5 Level: Third
  • Bedroom 6:Bedroom 6 Level: Third
  • Bedroom 7:Bedroom 7 Level: Second
  • Bedroom 8:Bedroom 8 Level: Second
  • Door Features: Storm Door(s)

Exterior Features

  • View: Scenic
  • Waterfront: Yes
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Direct Vent Heater, Heat Pump, Zoned
  • 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: 7840.8
  • Parcel #: SACO-000002-000086
  • Zoning: CE (Camp Ellis Shore

Tax Info

  • Tax Annual Amount: 15684.0
  • Tax Lot: 086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Oct 18, 2024
Sold by
Finnley Properties Llc
Bought by
Ohanlon Jamie and Ohanlon Ryan
Seller's Agent
Dana Moos
Portside Real Estate Group
Buyer's Agent
Steve & Jennifer Erickson
Coldwell Banker Realty
List Price
$1,595,000
Sold Price
$1,525,000
Premium/Discount to List
-$70,000
-4.39%
Views
112
Current Estimated Value
$1,404,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,602
Avg. Annual Appreciation
-5.80%
Original Mortgage
$880,000
Outstanding Balance
$868,459
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$535,939

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 30, 2020
Sold by
Kerr George J
Bought by
Soames Llc
Seller's Agent
Alexandra Kerr
Keller Williams Realty
Buyer's Agent
Heather Mcinnis
Pack Maynard and Associates
List Price
$997,300
Sold Price
$875,000
Premium/Discount to List
-$122,300
-12.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%
Original Mortgage
$500,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Ohanlon Jamie -- None Available
Ohanlon Jamie -- None Available
Soames Llc -- None Available
Soames Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohanlon Jamie $880,000
Closed Ohanlon Jamie $880,000
Previous Owner Soames Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $1,525,000 -4.4% $624 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $1,595,000 +82.3% $653 / Sq Ft
09/30/2020 09/30/20 Sold $875,000 -12.3% $1,750 / Sq Ft View Prior Sale
07/29/2020 07/29/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $997,300 -- $1,995 / Sq Ft
Source: Maine Listings

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 $14,939 $1,063,300 $755,600 $307,700
2023 $15,684 $1,063,300 $755,600 $307,700
2022 $14,684 $801,100 $575,600 $225,500
2021 $14,330 $759,000 $540,700 $218,300
2020 $13,620 $692,400 $488,400 $204,000
2019 $13,419 $692,400 $488,400 $204,000
2018 $10,050 $683,700 $479,700 $204,000
2017 $12,128 $625,800 $436,100 $189,700
2016 $10,050 $517,500 $343,600 $173,900
2015 $9,912 $515,700 $343,600 $172,100
2014 $9,405 $505,100 $333,000 $172,100
2013 $9,385 $505,100 $333,000 $172,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1595740

Maine Listings

APN: SACO-000002-000086

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