NOT LISTED FOR SALE

Estimated Value: $437,000 - $569,000

1 Bed
1 Bath
608 Sq Ft
$360/mo HOA Fee

Last Sold May 24, 2021

Last sale price $333,500 $549 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,069/month

29 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • 1.24 Acre Lot
  • Wells Junior High School Rated A-
  • In Ground Pool
  • Main Floor Bedroom

About This Home

As of May 2021

This recently refreshed, year round condo, is sure to please. You can walk everywhere, so truly a park it and forget it location. Not one part of this condo hasn't been touched. Totally new kitchen down to the new stainless appliances, cabinetry and coffee station. New light bamboo flooring, fresh paint, new electric baseboard heat, new window treatments and updated bath. Located in the desirable, year round, Ocean Towers complex that shows pride of ownership at every turn. Centrally sited pool, onsite laundry facilities, storage area, bike rack and enviable location within walking distance to Ogunquit Beach, shops and restaurants. This unit is perfect for personal getaway, investment property or combination of the two.

Last Agent to Sell the Property

Carolyn Weller

RE/MAX Realty One Listed on: 04/23/2021

RE/MAX Realty One

Last Buyer's Agent

Carolyn Weller

RE/MAX Realty One Listed on: 04/23/2021

RE/MAX Realty One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1987

Lot Details

  • Public Beach
  • Landscaped

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 608 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Nearby Water Access

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 105 / 022
  • Assessor Parcel Number OGUN-000008-000022-000105

Community Details

Overview

  • 32 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,514

Year Built

Built in 1987

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.24
  • MLS Status: Closed
  • Directions: Route One North through Ogunquit Center. Ocean Towers is on the right after the Omelette Factory
  • Above Grade Finished Sq Ft: 608.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 550.16
  • Property Information:Seasonal: 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:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 360.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • 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
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Water Info:Island3: No
  • Cooling:AC Units: Yes
  • Amenities:Laundry - Coin: Yes
  • Restrictions:_one_ Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Storage
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

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

Condo/Co-op/Association

  • Association Fee: 360.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 1 Pet

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54014.4
  • Parcel #: OGUN-000008-000022-000105
  • Zoning: GBD2

Multi Family

  • Number Of Units In Community: 32

Tax Info

  • Tax Annual Amount: 1514.0
  • Tax Block: 022
  • Tax Lot: 105
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
May 24, 2021
Sold by
Simson Geoffrey E and Massie Dennis W
Bought by
Haus Richard F and Haus Lauren E
Seller's Agent
Carolyn Weller
RE/MAX Realty One
Buyer's Agent
Carolyn Weller
RE/MAX Realty One
List Price
$334,500
Sold Price
$333,500
Premium/Discount to List
-$1,000
-0.3%
Current Estimated Value
$484,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,005
Avg. Annual Appreciation
8.46%
Original Mortgage
$200,000
Outstanding Balance
$181,250
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$303,255

Purchase Details

Closed on
Oct 3, 2013
Sold by
Tighe J M
Bought by
Tighe Ret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Haus Richard F -- Misc Company
Tighe Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haus Richard F $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2021 05/24/21 Sold $333,500 -0.3% $549 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $334,500 +53.8% $550 / Sq Ft
07/10/2020 07/10/20 Sold $217,500 -5.4% $312 / Sq Ft View Prior Sale
06/29/2020 06/29/20 For Sale $230,000 -- $330 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
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: 1488852

Maine Listings

APN: OGUN-000008-000022-000105