Seller's Agent in 2024
Dana Moos
Portside Real Estate Group
(207) 266-5604
1 in this area
56 Total Sales
39 Lower Beach Rd Saco, ME 04072
Ferry Beach NeighborhoodEstimated Value: $1,167,618 - $1,641,000
8
Beds
4
Baths
2,442
Sq Ft
$568/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Deeded Waterfront Access Rights
- Public Beach
- Saco Middle School Rated A-
- 75 Feet of Waterfront
- Country Club
About This Home
As of October 2024The 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;
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
- Ocean Front
- Public Beach
- Level Lot
- Open Lot
- Property is zoned CE (Camp Ellis Shore
Parking
- 1 Car Detached Garage
- Driveway
- On-Street Parking
- Off-Street Parking
Property Views
- Water
- Scenic Vista
Home Design
- Cottage
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2,442 Sq Ft Home
- Ceiling Fan
- Living Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- ENERGY STAR Qualified Appliances
- Quartz Countertops
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- In-Law or Guest Suite
- 4 Full Bathrooms
- Shower Only
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Home Security
- Home Security System
- Storm Windows
- Storm Doors
Outdoor Features
- Deeded Waterfront Access Rights
- Beach Access
- Access to Tidal Water
- Deep Water Access
- Balcony
- Deck
- Patio
Additional Homes
- Additional Residence on Property
Location
- Property is near public transit
- Property is near a golf course
Utilities
- Cooling Available
- Zoned Heating
- Heating System Uses Gas
- Heating System Uses Propane
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Programmable Thermostat
- Tankless Water Heater
- Gas Water Heater
- Water Heated On Demand
- Internet Available
Listing and Financial Details
- Tax Lot 086
- Assessor Parcel Number SACO-000002-000086
Community Details
Overview
- No Home Owners Association
- Camp Ellis Subdivision
Amenities
- Community Storage Space
Recreation
- Country Club
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$138,345
Avg. Annual Appreciation
-8.43%
Original Mortgage
$880,000
Outstanding Balance
$868,459
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$518,196
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 Compared to Growth
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
-
Dana Moos
-
Christine Pemberton
Seller Co-Listing Agent in 2024
Christine Pemberton
Pemberton Real Estate
(207) 749-4711
1 in this area
20 Total Sales
-
Steve & Jennifer Erickson
Buyer's Agent in 2024
Steve & Jennifer Erickson
Coldwell Banker Realty
(207) 423-3936
1 in this area
59 Total Sales
-
S
Buyer's Agent in 2024
Stephen Eric Jennifer Erickson
EXP Realty
-
Alexandra Kerr
Seller's Agent in 2020
Alexandra Kerr
Keller Williams Realty
(207) 939-5377
22 Total Sales
-
H
Buyer's Agent in 2020
Heather Mcinnis
Pack Maynard and Associates
Map
Source: Maine Listings
MLS Number: 1595740
APN: SACO-000002-000086
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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