NOT LISTED FOR SALE

Estimated Value: $415,000 - $474,000

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

Last Sold October 20, 2022

Last sale price $330,000 $543 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,821/month

5 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 October 2022

Fabulous investment opportunity. Ocean Tower Condominium ground level unit 1/2 mile from the center of Ogunquit and a few blocks more to the beach. Beautifully landscaped grounds and well-maintained. Owners may have pets; Association entrance fee is $3,000.

Last Agent to Sell the Property

Debora Marathon

Marathon Real Estate LLC Listed on: 09/24/2022

Last Buyer's Agent

Don Wunder

Ogunquit River Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,991

Year Built

  • Built in 1987

Lot Details

  • Public Beach
  • Fenced
  • Landscaped

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 608 Sq Ft Home
  • Furnished
  • Living Room

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • In Ground Pool
  • Nearby Water Access

Location

  • Property is near golf course

Utilities

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

Listing and Financial Details

  • Tax Lot 22-111
  • Assessor Parcel Number OGUN-000008-000022-000111

Community Details

Overview

  • 32 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,991

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
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Oguquit center north on Main St, approx. 1/2 mile on right.
  • 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
  • Contract Information:List PriceSqFt: 538.65
  • 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
  • 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:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Fence: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 360.0
  • 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_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Amenities:Furniture Included: Yes
  • Cooling:AC Units: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Security: Fire System
  • 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54014.4
  • Parcel #: OGUN-000008-000022-000111
  • Zoning: GBD2

Multi Family

  • Number Of Units In Community: 32

Tax Info

  • Tax Annual Amount: 1991.0
  • Tax Lot: 22-111
  • Tax Year: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Oct 20, 2022
Sold by
Robinson Beverly A and Robinson Ronald P
Bought by
Testa Gregory M and Bushnell Michael A
Seller's Agent
Debora Marathon
Marathon Real Estate LLC
Buyer's Agent
Don Wunder
Ogunquit River Properties
List Price
$327,500
Sold Price
$330,000
Premium/Discount to List
$2,500
0.76%
Current Estimated Value
$442,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,512
Avg. Annual Appreciation
9.42%
Source: Public Records
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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
Testa Gregory M $330,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2022 10/20/22 Sold $330,000 +0.8% $543 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/24/2022 09/24/22 For Sale $327,500 -- $539 / 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: 1544113

Maine Listings

APN: OGUN-000008-000022-000111