NOT LISTED FOR SALE

Estimated Value: $452,000 - $535,000

1 Bed
1 Bath
608 Sq Ft
$300/mo HOA Fee

Last Sold January 03, 2020

Last sale price $340,000 $559 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,024/month

15 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • In Ground Pool
  • Wells Junior High School Rated A-
  • Public Beach
  • 1.24 Acre Lot

About This Home

As of January 2020

One floor living in this spacious one bedroom, one bath updated condo at Ocean Towers in Ogunquit. Less than a mile to town and the beach. Enjoy as a second home retreat and/or a terrific rental property with consistent repeat clientele. Well managed year-round complex offering beautifully landscaped grounds with a new roof and inviting new swimming pool. Very convenient on site laundry room. Easy walking distance to everything Ogunquit has to offer from its many shops and galleries to fine dining and summer theater. The charming cities of Portland and Portsmouth are close by and the countless famous seacoast towns of Maine are at your doorstep! Pet friendly!

Last Agent to Sell the Property

Carolyn Weller

RE/MAX Realty One Listed on: 10/18/2019

RE/MAX Realty One

Co-Listed By

Donald Wunder

RE/MAX Realty One

Last Buyer's Agent

Susan DeQuattro Arrand

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 1987

Lot Details

  • Ocean Front
  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 608 Sq Ft Home
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • In Ground Pool
  • Nearby Water Access
  • Shed
  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

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

Community Details

  • 32 Units
  • Ocean Towers Subdivision

Listing and Financial Details

  • Legal Lot and Block 106 / 022
  • Assessor Parcel Number OGUN-000008-000022-000106

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,533

Year Built

Built in 1987

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.24
  • Road Surface Type: Paved
  • Co List Office Phone: 207-363-2497
  • MLS Status: Closed
  • Subdivision Name: Ocean Towers
  • Directions: From Ogunquit Center Take Route One North Ocean Towers is on the Right
  • Above Grade Finished Sq Ft: 608.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 639.8
  • 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:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: 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: 300.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 32
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Kitchen Countertop:Quartz: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Bedroom 1 Amenities:LaundryLaundry Hook-up: Yes
  • Room Features:LaundryLaundry Hook-up17: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: One-Floor Living
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Public Beach, Near Shopping, Near Public Transit
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Shed(s)
  • 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 - 1st Floor, Main Level
  • 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: 300.0
  • 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-000008-000022-000106
  • Zoning: GBD2

Multi Family

  • Number Of Units In Community: 32

Tax Info

  • Tax Annual Amount: 1533.0
  • Tax Block: 022
  • Tax Lot: 106
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Jan 3, 2020
Sold by
Mitsch Katlyn C
Bought by
Divincenzo Christopher G and Divincenzo Kristin L
Seller's Agent
Carolyn Weller
RE/MAX Realty One
Buyer's Agent
Susan DeQuattro Arrand
Coldwell Banker Realty
List Price
$389,000
Sold Price
$340,000
Premium/Discount to List
-$49,000
-12.6%
Current Estimated Value
$494,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,011
Avg. Annual Appreciation
6.44%
Original Mortgage
$215,000
Outstanding Balance
$189,961
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$304,050

Purchase Details

Listed on
Mar 20, 2018
Closed on
May 4, 2018
Sold by
Clermont Marc J and Pawelski Craig S
Bought by
Mitsch Katlyn
Seller's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Carolyn Weller
RE/MAX Realty One
List Price
$219,500
Sold Price
$217,500
Premium/Discount to List
-$2,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.67%
Original Mortgage
$174,000
Interest Rate
4.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Divincenzo Christopher G -- Misc Company
Mitsch Katlyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Divincenzo Christopher G $215,000
Previous Owner Mitsch Katlyn $174,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2022 11/05/22 Off Market $217,500 -- --
01/03/2020 01/03/20 Sold $340,000 -12.6% $559 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $389,000 +78.9% $640 / Sq Ft
05/03/2018 05/03/18 Sold $217,500 -0.9% $358 / Sq Ft View Prior Sale
03/29/2018 03/29/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $219,500 -- $361 / 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 $2,233 $345,700 $75,000 $270,700
2023 $2,233 $345,700 $75,000 $270,700
2022 $2,185 $345,700 $75,000 $270,700
2021 $1,731 $212,700 $5,300 $207,400
2020 $1,702 $212,700 $5,300 $207,400
2019 $1,550 $193,800 $5,300 $188,500
2018 $1,533 $193,800 $5,300 $188,500
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1436659

Maine Listings

APN: OGUN-000008-000022-000106