NOT LISTED FOR SALE

Estimated Value: $405,469 - $621,000

4 Beds
2 Baths
1,748 Sq Ft
$300/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $419,000 $240 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,005/month

6 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Main Floor Bedroom
  • Public Beach
  • Wood Flooring
  • No HOA

About This Home

As of July 2022

This special find, just minutes from Old Orchard Beach offers a sunny year-round 2 unit that's a 5 minute walk to miles of sandy beaches, restaurants and all of OOB's amenities! This could be a great rental or a perfect place for a friend to stay the night! Don't miss the open house!!! BEING SOLD AS IS

Last Agent to Sell the Property

Elias Leland

Coldwell Banker Realty Listed on: 05/25/2022

Coldwell Banker Realty

Co-Listed By

Robert Letellier

RE/MAX Realty One

Last Buyer's Agent

Michael L'Heureu

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,552

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Ocean Front
  • Public Beach

Home Design

  • Bungalow
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Water Views

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Air Conditioning
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Water Heated On Demand

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 7 / 13
  • Assessor Parcel Number OOBH-000315-000013-000007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,552

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Water Body Name: Old Orchard Beach
  • Co List Office Phone: 207-283-0108
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 874.0
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 417.62
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 874.0
  • Property Information:SqFt Finished Below Grade: 874.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:On Demand: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Style:Bungalow: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: This special find, just minutes from Old Orchard Beach offers a sunny year-round 2 unit that's a 5 minute walk to miles of sandy beaches, restaurants and all of OOB's amenities! This could be a great rental or a perfect place for a friend to stay the night! Don't miss the open house!!! BEING SOLD AS IS
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full, Exterior Only
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 874.0
  • Flooring: Wood, Tile, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Full Basement: Yes

Exterior Features

  • Lot Features: Near Public Beach, Near Shopping, Near Town, Neighborhood
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Roof: Other, Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Other

Utilities

  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: OOBH-000315-000013-000007
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2552.0
  • Tax Block: 13
  • Tax Lot: 7
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 8, 2022
Sold by
Gilbert Nancy E
Bought by
Marques Valdemar S
Seller's Agent
Elias Leland
Coldwell Banker Realty
Buyer's Agent
Michael L'Heureu
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$365,000
Sold Price
$419,000
Premium/Discount to List
$54,000
14.79%
Current Estimated Value
$525,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,117
Avg. Annual Appreciation
6.93%
Original Mortgage
$398,050
Outstanding Balance
$378,071
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$147,046
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
Marques Valdemar S $419,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marques Valdemar S $398,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $419,000 +14.8% $240 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $365,000 -- $209 / 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 $3,014 $277,000 $109,000 $168,000
2023 $2,819 $247,300 $99,000 $148,300
2022 $2,679 $218,900 $86,100 $132,800
2021 $2,552 $180,200 $70,800 $109,400
2020 $1,926 $149,900 $48,800 $101,100
2019 $2,323 $149,900 $48,800 $101,100
2018 $1,725 $139,500 $46,600 $92,900
2017 $1,947 $124,000 $40,300 $83,700
2016 $1,909 $123,500 $39,800 $83,700
2015 $1,875 $123,500 $39,800 $83,700
2014 $1,838 $123,500 $39,800 $83,700
2013 $1,704 $123,500 $39,800 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1529667

Maine Listings

APN: OOBH-000315-000013-000007