NOT LISTED FOR SALE

Estimated Value: $298,000 - $332,000

1 Bed
1 Bath
538 Sq Ft
$581/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $315,000 $586 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,851/month

3 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • Cottage
  • Public Beach
  • No HOA
  • Interior Lot

About This Home

As of August 2024

Discover coastal living in this beautifully renovated one-bedroom, one-bathroom cottage just moments from Old Orchard Beach. This tiny gem boasts a recent overhaul that seamlessly blends modern upgrades with classic seaside charm. As you approach, you're greeted by a recently upgraded deck adorned with a stylish awning, ideal for relaxing and enjoying the tunes from the Seaside Pavilion two doors down. You enter through the original porch, recently incorporated into the main cottage, lined with windows providing a pleasant green view of pasture across the way. The house has new shiplap walls & a little captain's staircase with rope rails that enhance the cottage's coastal appeal. The kitchen delights with a newly vaulted ceiling and a stunning chandelier that adds a touch of elegance to the space. The kitchen is functional and aesthetically pleasing, with updated cabinets, wall shelves, and a new electric stove & outlets. The second-floor bedroom has been transformed with luxury vinyl flooring and an elegant iron railing. Recessed lighting and plentiful electrical outlets have been added to elevate the bedroom's modern conveniences further. A new heat pump provides efficient heating and air conditioning and a durable metal roof for many years of peace of mind.
Additionally, there is fresh paint and insulation throughout. Finally, it would only be a proper beach cottage if it had an outdoor shower for you to rinse off after a day at the beach, and it does, which is a perfect way to end your coastal adventures. This cottage is conveniently located within walking distance of Old Orchard Beach and offers unparalleled access to beachside activities and community events.

Last Agent to Sell the Property

Kimberly Wade

The Aland Realty Group, LLC Listed on: 07/11/2024

The Aland Realty Group, LLC

Last Buyer's Agent

Kate Carey

Vitalius Real Estate Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,515

Year Built

  • Built in 1893

Lot Details

  • 1,307 Sq Ft Lot
  • Public Beach
  • Seasonal Access to Property
  • Interior Lot
  • Level Lot

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 538 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Vinyl Flooring
  • Electric Range
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • City Lot
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 6 / 9
  • Assessor Parcel Number OOBH-000311-000009-000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,515

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 538.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1893
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.03
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 538.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Style:Cottage: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Fields: Yes
  • Site:PastureField: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Has Basement: Bulkhead, Dirt Floor, None, Crawl Space, Exterior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Shower
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Pasture, Interior Lot, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • View: Fields
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1306.8
  • Parcel #: OOBH-000311-000009-000006
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1515.0
  • Tax Block: 9
  • Tax Book Number: 18914
  • Tax Lot: 6
  • Tax Map Number: 311
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 9, 2024
Sold by
Soeur Sorassa
Bought by
4 Oakland Llc
Seller's Agent
Kimberly Wade
The Aland Realty Group, LLC
Buyer's Agent
Kate Carey
Vitalius Real Estate Group, LLC
List Price
$309,000
Sold Price
$315,000
Premium/Discount to List
$6,000
1.94%
Views
17
Current Estimated Value
$312,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,472
Avg. Annual Appreciation
0.40%
Original Mortgage
$252,000
Outstanding Balance
$250,267
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$66,010

Purchase Details

Listed on
Sep 16, 2021
Closed on
Dec 28, 2021
Sold by
Setaro Steven C
Bought by
Soeur Sorassa
Seller's Agent
Nancy Moreshead
The Real Estate Store
Buyer's Agent
Kimberly Wade
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$248,000
Sold Price
$212,500
Premium/Discount to List
-$35,500
-14.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.21%
Original Mortgage
$170,000
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 30, 2018
Closed on
Sep 17, 2018
Sold by
Reid Margaret L
Bought by
Setaro Steven C and Setaro Steven C
Seller's Agent
Sara Reynolds
EXP Realty
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$150,000
Sold Price
$115,000
Premium/Discount to List
-$35,000
-23.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.52%
Original Mortgage
$103,500
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
4 Oakland Llc $315,000 None Available
4 Oakland Llc $315,000 None Available
Soeur Sorassa -- None Available
Soeur Sorassa -- None Available
Setaro Steven C -- --
Setaro Steven C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4 Oakland Llc $252,000
Closed 4 Oakland Llc $252,000
Previous Owner Soeur Sorassa $170,000
Previous Owner Setaro Steven C $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $315,000 +1.9% $586 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $309,000 +45.4% $574 / Sq Ft
12/28/2021 12/28/21 Sold $212,500 -14.3% $395 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $248,000 +115.7% $461 / Sq Ft
09/14/2018 09/14/18 Sold $115,000 -23.3% $306 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $150,000 -- $399 / 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 $1,677 $154,100 $63,400 $90,700
2023 $1,515 $132,900 $52,900 $80,000
2022 $1,450 $118,500 $46,000 $72,500
2021 $865 $61,100 $33,800 $27,300
2020 $979 $63,500 $30,700 $32,800
2019 $984 $63,500 $30,700 $32,800
2018 $852 $61,600 $29,100 $32,500
2017 $903 $57,500 $26,700 $30,800
2016 $810 $52,400 $21,600 $30,800
2015 $795 $52,400 $21,600 $30,800
2014 $839 $56,400 $25,600 $30,800
2013 $778 $56,400 $25,600 $30,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1596582

Maine Listings

APN: OOBH-000311-000009-000006