NOT LISTED FOR SALE

Estimated Value: $441,000 - $462,000

1 Bed
1 Bath
608 Sq Ft
$385/mo HOA Fee

Last Sold June 14, 2024

Last sale price $449,000 $738 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,059/month

5 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Country Club
  • Wells Junior High School Rated A-
  • Public Beach
  • In Ground Pool

About This Home

As of June 2024

Don't let this chance slip by to claim your slice of Ogunquit paradise at centrally located Ocean Towers. This charming condo offers just the right amount of space for cozy living without the hassle of constant upkeep. This pet friendly unit has one bedroom, one bath, and a generous living area complemented by an updated kitchen, this property is a gem and has been totally renovated. Step out and indulge in the swimming pool (in season) or take a leisurely walk to Ogunquit's renowned beaches, boutiques, and eateries. For those seeking simplicity without sacrificing comfort, look no further - this unit is your solution!

Last Agent to Sell the Property

Robert Coles

RE/MAX Realty One Listed on: 05/01/2024

RE/MAX Realty One

Last Buyer's Agent

Kevin Ridge

Berkshire Hathaway HomeServices Verani Realty

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 1987

Lot Details

  • Ocean Front
  • Public Beach
  • Landscaped

HOA Fees

  • $385 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 608 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Granite Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • In Ground Pool
  • Nearby Water Access
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 104 / 022
  • Assessor Parcel Number OGUN-000008-000022-000104

Community Details

Overview

  • 32 Units
  • Ocean Towers Condominium Association Subdivision

Amenities

  • Coin Laundry

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,036

Year Built

Built in 1987

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.24
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Ocean Towers Condominium Association
  • Directions: From Ogunquit Center take Route 1 north. Ocean Towers is on the right. Directly across the street from the Nathanial Scott House. Unit 104 is the first floor to the left.
  • Above Grade Finished Sq Ft: 608.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.24
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 608.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 385.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 32
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Condominium:Total Units4: 32
  • Condominium:_pound_ of Buildings: 1
  • Condominium:VA Certification: No
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: No
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Refrigerator, Microwave, Electric Range
  • Accessibility Features: Level Entry
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Wood 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: 1 - 4 Spaces, Paved, Common, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: A/C Units, Multi 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 Fee: 385.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54014.4
  • Parcel #: OGUN-000008-000022-000104
  • Zoning: GBD2

Multi Family

  • Number Of Units In Community: 32
  • Number Of Units Total: 32

Tax Info

  • Tax Annual Amount: 2036.0
  • Tax Block: 022
  • Tax Book Number: 18101
  • Tax Lot: 104
  • Tax Map Number: 008
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
May 17, 2024
Sold by
Edward F Cotton Ret and Cotton
Bought by
Obrien Mary and Missett Melissa
Seller's Agent
Robert Coles
RE/MAX Realty One
Buyer's Agent
Kevin Ridge
Berkshire Hathaway HomeServices Verani Realty
List Price
$454,900
Sold Price
$449,000
Premium/Discount to List
-$5,900
-1.3%
Views
28
Current Estimated Value
$451,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,280
Avg. Annual Appreciation
2.79%
Original Mortgage
$314,300
Outstanding Balance
$309,239
Interest Rate
7.22%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$152,901

Purchase Details

Listed on
Jul 27, 2015
Closed on
Oct 22, 2015
Sold by
Elaine K Maclean T K and Elaine Maclean
Bought by
Cotton Edward F
Seller's Agent
Robert Coles
RE/MAX Realty One
Buyer's Agent
Robert Coles
RE/MAX Realty One
List Price
$219,000
Sold Price
$190,000
Premium/Discount to List
-$29,000
-13.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
Oct 11, 2012
Sold by
Maclean Elaine K
Bought by
Elaine K Mclean T
Source: Public Records

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Range of Values:

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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
Obrien Mary $449,000 None Available
Obrien Mary $449,000 None Available
Cotton Edward F -- --
Cotton Edward F -- --
Elaine K Mclean T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Mary $314,300
Closed Obrien Mary $314,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $449,000 -1.3% $738 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $454,900 +139.4% $748 / Sq Ft
10/20/2015 10/20/15 Sold $190,000 -13.2% $313 / Sq Ft
09/28/2015 09/28/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $219,000 -- $360 / 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 $2,036 $315,100 $75,000 $240,100
2023 $2,036 $315,100 $75,000 $240,100
2022 $1,991 $315,100 $75,000 $240,100
2021 $1,540 $189,200 $5,300 $183,900
2020 $1,514 $189,200 $5,300 $183,900
2019 $1,514 $189,200 $5,300 $183,900
2018 $1,497 $189,200 $5,300 $183,900
2017 $1,434 $189,200 $5,300 $183,900
2016 $1,810 $223,700 $5,300 $218,400
2015 $1,805 $223,700 $5,300 $218,400
2014 $1,736 $223,700 $5,300 $218,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1587925

Maine Listings

APN: OGUN-000008-000022-000104