$625,000
SOLD SEP 30, 2024
-- Bed
2 Baths
1,693 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$369 Per Sq Ft

9% Above List Price

3 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Deck
  • Nearby Water Access
  • Country Club
  • Property is near public transit

About This Home

As of September 2024

Discover coastal living at its finest with this charming property in Old Orchard Beach, Maine. Perfectly positioned within walking distance of the beach, this home offers stunning views of the ocean and the surrounding islands. Recently updated, it features a brand-new kitchen, sleek bathrooms, and a newly installed deck that provides an ideal space for outdoor relaxation and entertainment. With three comfortable bedrooms and modern bathrooms, the house combines modern amenities with cozy beachside charm.
This versatile multi-family property includes a separate unit complete with its own basement and driveway, offering an excellent opportunity for generating rental income or accommodating guests with privacy. Whether you're looking for a personal seaside retreat or a strategic investment, this property's prime location and thoughtful updates make it an exceptional find. Embrace the serene coastal lifestyle and seize the chance to own this beautiful home in Old Orchard Beach.

Last Agent to Sell the Property

Caleb DeVries

Advisors Living, LLC Listed on: 08/23/2024

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,666

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Landscaped
  • Open Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,693 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Brick Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Patio
  • Porch

Location

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

Utilities

  • Air Conditioning
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number OOBH-000315-000012-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $2,500
  • Gross Income $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,666

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: GPS friendly.
  • Above Grade Finished Sq Ft: 1693.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Efficiency: Ceiling Fans
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1693.0
  • 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: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 20000.0
  • Income Expenses Operating Expenses: 2500.0
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Basement:BrickMortar: Yes
  • Equipment:Cable: Yes
  • Equipment:Satellite Dish: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Amenities:In-Law Apartment: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Brick/Mortar, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Tile, Laminate
  • Interior Amenities: In-Law Floorplan

Exterior Features

  • Lot Features: Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Glass, Wood Frame
  • Foundation Details: Block, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Membrane, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Other Heat System, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: OOBH-000315-000012-000001
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20000.0
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Annual Amount: 3666.0
  • Tax Book Number: 7776
  • Tax Lot: 1
  • Tax Map Number: 315
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2024
Sold by
Stevenson Robert C Est and Stevenson
Bought by
Dube Elizabeth C
Total Days on Market
3
Current Estimated Value
$619,434

Purchase Details

Listed on
Aug 23, 2024
Closed on
Sep 30, 2024
Sold by
Marshall Crystal S
Bought by
Mooradian Mark E and Mooradian Katherine A
Seller's Agent
Caleb DeVries
Advisors Living, LLC
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.25%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Personal Reps Deed -- None Available
Personal Reps Deed -- None Available
Warranty Deed $625,000 None Available
Warranty Deed $625,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $625,000 +8.7% $369 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $575,000 -- $340 / 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 $3,973 $365,200 $128,400 $236,800
2023 $3,666 $321,600 $117,500 $204,100
2022 $3,501 $286,000 $103,700 $182,300
2021 $3,466 $244,800 $90,100 $154,700
2020 $3,164 $205,200 $62,200 $143,000
2019 $3,181 $205,200 $62,200 $143,000
2018 $2,919 $190,800 $59,400 $131,400
2017 $2,647 $168,600 $50,000 $118,600
2016 $2,630 $170,100 $51,500 $118,600
2015 $2,582 $170,100 $51,500 $118,600
2014 $2,531 $170,100 $51,500 $118,600
2013 $2,347 $170,100 $51,500 $118,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1600783

Maine Listings

APN: OOBH-000315-000012-000001