$454,000
SOLD FEB 14, 2025
1 Bed
1 Bath
608 Sq Ft
$385/mo HOA Fee

Recently Sold

$747 Per Sq Ft

1% Above List Price

15 Days on Market

Highlights

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

About This Home

As of February 2025

Welcome to your year-round seaside retreat at Ocean Towers, and live where you love to vacation! Pet-friendly, this one-bedroom, one-bathroom, fully renovated and well-maintained condominium is nestled on the first floor and offers the perfect blend of comfort, style, and relaxation. Today's lifestyle calls for open concept living, and this unit delivers. Step inside to discover a cozy and high-functioning kitchen, seamlessly flowing into a combined living and dining area, perfect for entertaining or enjoying evenings at home. Just steps from your door, dive into the luxury of a refreshing, sparkling in-ground swimming pool. Venture into Ogunquit's vibrant village center to discover boutiques, cafes, art galleries and more! Alternatively, take a scenic stroll on one of the nation's most beautiful beaches or follow Marginal Way or Shore Road to Perkins Cove for more breathtaking views, quaint shops, galleries and restaurants. Experience the beauty and activity of the working cove and take in the spectacular Atlantic Ocean. Conveniently located just minutes from the highway, Portsmouth, NH and the southern Maine seacoast, this Ocean Towers property offers easy access to all the region's attractions and an exceptional opportunity to embrace the essence of coastal Maine living.

Last Agent to Sell the Property

Kent Bridges

The Aland Realty Group, LLC Listed on: 10/10/2024

Last Buyer's Agent

Michael Jones

The Aland Realty Group, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 1987

Lot Details

  • Public Beach
  • Fenced
  • Landscaped
  • Open Lot

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
  • Furnished
  • Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Parking

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

Outdoor Features

  • In Ground Pool
  • Nearby Water Access
  • Patio

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 114 / 022
  • Assessor Parcel Number OGUN-000008-000022-000114

Community Details

Overview

  • 32 Units
  • Ocean Towers Condominium Association Subdivision

Amenities

  • Coin Laundry
  • Community Storage Space

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 Rt 1 (Main St) north. Ocean Townwers is on the right, directly across the street from the Nathanial Scott House. Unit 114 is on the ground level to the right.
  • Above Grade Finished Sq Ft: 608.0
  • Architectural Style: Multi-Level, Other Style
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • 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
  • 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:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Tile2: Yes
  • Parking:Off Street: 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: 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
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Appliances Included:Cooktop: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Amenities:Furniture Included: 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
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

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

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, 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: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: 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
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 385.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54014.4
  • Parcel #: OGUN-000008-000022-000114
  • 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: 19238
  • Tax Lot: 114
  • Tax Map Number: 008
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Feb 13, 2025
Sold by
Burgess Paul J Est and Lane
Bought by
Silverskyline Capital Llc
Seller's Agent
Kent Bridges
The Aland Realty Group, LLC
Buyer's Agent
Michael Jones
The Aland Realty Group, LLC
List Price
$449,000
Sold Price
$454,000
Premium/Discount to List
$5,000
1.11%
Views
16
Current Estimated Value
$457,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,295
Avg. Annual Appreciation
-3.02%
Original Mortgage
$160,000
Outstanding Balance
$159,732
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$287,633

Purchase Details

Closed on
May 15, 2023
Sold by
Brand G J G and Brand Kristina L
Bought by
Burgess Paul

Purchase Details

Listed on
Mar 19, 2012
Closed on
Apr 25, 2012
Sold by
Johnson Robert J and Johnson Diane M
Bought by
Brand Kristina L and Brand J G
Seller's Agent
Bruce Lamothe
Coldwell Banker Y-Gull & Associates
Buyer's Agent
Julia Schwerin
Coldwell Banker Realty
List Price
$159,900
Sold Price
$159,000
Premium/Discount to List
-$900
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$127,200
Interest Rate
3.91%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Personal Reps Deed $454,000 None Available
Personal Reps Deed $454,000 None Available
Warranty Deed $370,000 None Available
Warranty Deed $370,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 Purchase Money Mortgage
Closed $160,000 Purchase Money Mortgage
Closed $210,000 Second Mortgage Made To Cover Down Payment
Previous Owner $127,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $454,000 +1.1% $747 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $449,000 +182.4% $738 / Sq Ft
04/20/2012 04/20/12 Sold $159,000 -0.6% $262 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $159,900 -- $263 / 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: 1606403

Maine Listings

APN: OGUN-000008-000022-000114