NOT LISTED FOR SALE

42 E Grand Ave Old Orchard Beach, ME 04064

Estimated Value: $852,000 - $1,048,340

4 Beds
4 Baths
2,102 Sq Ft
$447/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $420,000 $200 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,855/month

36 Days on Market

Highlights

  • Additional Residence on Property
  • Nearby Water Access
  • Property is near public transit
  • Ocean Front
  • Public Beach
  • Wood Flooring

About This Home

As of May 2019

Great location! Across the street is direct access and right of way to miles of sandy beaches. Just a short walk to amusement park, stores, restaurants and public transportation. Property consists of two buildings: Front building has two 2-bedroom units that are currently rented for the winter. The back building is a smaller building with two 1-bedroom units. Also currently rented. Both are converted to weekly rentals in May.
Ample Parking. Shared Driveway.
There is an abutting 4-Unit (MLS #1405839) available, these can be sold separately or combined at a new low price of $819,000 (MLS #1406061)

Last Agent to Sell the Property

Charlene Weinstein

Charlene's Coastal Properties Listed on: 04/06/2019

Last Buyer's Agent

Charlene Weinstein

Maine Coast Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,503

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Level Lot

Home Design

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

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Porch

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Additional Residence on Property
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 4 / 6
  • Assessor Parcel Number OOBH-000305-000006-000004

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • The community has rules related to deed restrictions

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,503

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Old Orchard street to a left onto East Grand, property on your left.
  • Above Grade Finished Sq Ft: 1952.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1952.0
  • Property Information:SqFt Finished Below Grade: 150.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Equipment:Cable: Yes
  • Location:Near Railroad: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Cooling:AC Units: Yes
  • Building Info:_pound_ Floors3: 2
  • Restrictions:Pet: Yes
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Finished
  • Full Bathrooms: 4
  • Below Grade Sq Ft: 150.0
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Stories: 2

Exterior Features

  • Lot Features: Level, Sidewalks, Near Public Beach, Near Shopping, Near Town, Near Railroad
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Direct Vent Furnace, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: OOBH-000305-000006-000004
  • Zoning: DD-2

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6503.0
  • Tax Block: 6
  • Tax Book Number: 15131
  • Tax Lot: 4
  • Tax Map Number: 305
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2019
Closed on
May 16, 2019
Sold by
Gagne Janice E and Blais Cynthia
Bought by
Salisbury Joseph H
Seller's Agent
Charlene Weinstein
Charlene's Coastal Properties
Buyer's Agent
Charlene Weinstein
Maine Coast Properties, Inc.
List Price
$420,000
Sold Price
$420,000
Current Estimated Value
$938,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,835
Avg. Annual Appreciation
13.51%
Original Mortgage
$315,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2007
Sold by
Dunlap Kristin and Dunlap Carlos
Bought by
Blais Cynthia and Gagne Janice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,000
Interest Rate
6.24%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Salisbury Joseph H -- --
Salisbury Joseph H -- --
Salisbury Joseph H -- --
Blais Cynthia -- --
Blais Cynthia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salisbury Joseph H $320,000
Closed Salisbury Joseph H $315,000
Previous Owner Blais Cynthia $281,000
Previous Owner Blais Cynthia $373,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2019 05/16/19 Sold $420,000 0.0% $200 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
03/03/2019 03/03/19 For Sale $420,000 -- $200 / 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 $9,351 $859,503 $512,603 $346,900
2023 $8,723 $765,198 $458,298 $306,900
2022 $8,291 $677,400 $403,500 $273,900
2021 $7,637 $539,350 $334,250 $205,100
2020 $6,788 $440,200 $254,200 $186,000
2019 $6,823 $440,200 $254,200 $186,000
2018 $6,503 $425,000 $254,200 $170,800
2017 $5,815 $370,400 $225,300 $145,100
2016 $5,352 $346,200 $201,100 $145,100
2015 $5,255 $346,200 $201,100 $145,100
2014 $5,151 $346,200 $201,100 $145,100
2013 $4,778 $346,200 $201,100 $145,100
Source: Public Records

Agents Affiliated with this Home

  • Charlene Weinstein

    Seller's Agent in 2019

    Charlene Weinstein

    Charlene's Coastal Properties

    (207) 632-3284

    43 in this area

    57 Total Sales

    Charlene Weinstein
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Map

Source: Maine Listings

MLS Number: 1405850

Maine Listings

APN: OOBH-000305-000006-000004

Maine York County Old Orchard Beach 04064

42 E Grand Ave, Old Orchard Beach, ME

This home is located at 42 E Grand Ave, Old Orchard Beach, ME 04064 since 06 April 2019 and is currently estimated at $938,835, approximately $446 per square foot. This property was built in 1900. 42 E Grand Ave is a home located in York County with nearby schools including Jameson Elementary School, Loranger Memorial School, and Old Orchard Beach High School.

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.

Maine Listings 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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