NOT LISTED FOR SALE

Estimated Value: $396,000 - $473,000

2 Beds
2 Baths
722 Sq Ft
$237/mo HOA Fee

Last Sold May 13, 2021

Last sale price $270,000 $374 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,803/month

39 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Baseboard Heating
  • Wells Junior High School Rated A-

About This Home

As of May 2021

Wonderful opportunity to own a year-round getaway or investment property in Ogunquit! Two-story, Two bedroom, two bathroom condo. Only 3/4 of a mile to Ogunquit's Main Beach and Footbridge Beach. Strong rental history. Updates include: Bamboo hardwood flooring, renovated bathrooms, blown-in insulation and Rinnai propane heater. Please note: ***Pet policy***- Owners may have 2 pets up to 15 lb. each.

Last Listed By

Jocelyn Chavez

Compass Real Estate Listed on: 02/16/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,714

Year Built

  • Built in 1956

Lot Details

  • 0.63

HOA Fees

  • $237 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 722 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Location

  • Suburban Location

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Private Water Source

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number OGUN-000008-000008-000003

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,714

Year Built

Built in 1956

Lot Details

0

HOA Fees

$237 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street in Ogunquit to 488 Main Street. There are two parking spots in front of Unit 3.
  • Above Grade Finished Sq Ft: 722.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1956
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 0.63
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 722.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 237.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 3
  • Location:Suburban: Yes
  • Exterior:Clapboard: Yes
  • Property Information:Short Sale Continue to Show: No
  • Water:Private2: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No

Exterior Features

  • Lot Features: Near Town, Suburban
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 237.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27442.8
  • Parcel #: OGUN-000008-000008-000003
  • Zoning: GB2

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 1714.0
  • Tax Book Number: 17124
  • Tax Lot: 003
  • Tax Map Number: 008
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
May 13, 2021
Sold by
Axtell Ruth M and Texeira Gerardo E
Bought by
Mcmahon Rowena F
Seller's Agent
Jocelyn Chavez
Compass Real Estate
Buyer's Agent
Lori Barrett
Coldwell Banker Yorke Realty
List Price
$290,000
Sold Price
$270,000
Premium/Discount to List
-$20,000
-6.9%
Total Days on Market
39
Current Estimated Value
$435,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,030
Avg. Annual Appreciation
12.77%
Original Mortgage
$216,000
Outstanding Balance
$197,817
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$237,213

Purchase Details

Listed on
Sep 8, 2015
Closed on
Oct 29, 2015
Sold by
Yurko Richard
Bought by
Axtell Ruth M and Texeira Gerardo E
Seller's Agent
Donald Wunder
RE/MAX Realty One
Buyer's Agent
Darrel Griffin
RE/MAX Realty One
List Price
$219,000
Sold Price
$211,000
Premium/Discount to List
-$8,000
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$158,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 30, 2011
Closed on
Jul 3, 2012
Sold by
Orourke John M and Leblanc David M
Bought by
Yurko Richard
Seller's Agent
Robert Coles
RE/MAX Realty One
Buyer's Agent
Don Wunder
Ogunquit River Properties
List Price
$213,900
Sold Price
$195,000
Premium/Discount to List
-$18,900
-8.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$156,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 28, 2008
Sold by
Old Republic Exchange
Bought by
Leblanc David M and Orourke John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.22%
Mortgage Type
Unknown

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 Buyer Sale Price Title Company
Mcmahon Rowena F -- Misc Company
Axtell Ruth M -- --
Yurko Richard -- --
Leblanc David M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Rowena F $216,000
Previous Owner Axtell Ruth M $158,250
Previous Owner Yurko Richard $156,000
Previous Owner Leblanc David M $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $270,000 -6.9% $374 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $290,000 +37.4% $402 / Sq Ft
10/23/2015 10/23/15 Sold $211,000 -3.7% $292 / Sq Ft
09/08/2015 09/08/15 For Sale $219,000 +12.3% $303 / Sq Ft
09/07/2015 09/07/15 Pending -- -- --
07/02/2012 07/02/12 Sold $195,000 -8.8% $270 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
12/30/2011 12/30/11 For Sale $213,900 -- $296 / 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 $1,719 $266,100 $75,000 $191,100
2023 $1,719 $266,100 $75,000 $191,100
2022 $1,682 $266,100 $75,000 $191,100
2021 $1,744 $214,200 $17,000 $197,200
2020 $1,714 $214,200 $17,000 $197,200
2019 $1,714 $214,200 $17,000 $197,200
2018 $3,380 $214,200 $17,000 $197,200
2017 $1,624 $214,200 $17,000 $197,200
2016 $1,742 $215,300 $17,000 $198,300
2015 $1,737 $215,300 $17,000 $198,300
2014 $1,671 $215,300 $17,000 $198,300
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1482175

Maine Listings

APN: OGUN-000008-000008-000003