NOT LISTED FOR SALE

488 Main St Unit 3 Ogunquit, ME 03907

Ogunquit Neighborhood

Estimated Value: $390,000 - $549,000

2 Beds
2 Baths
722 Sq Ft
0.63 Acres Lot

Sale Details

Date Sold: May 13, 2021

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

Est. 75% increase in value since last sale

Current estimated payment $2,951 / mo

39 Days on Market

Highlights

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

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 Agent to Sell the Property

Jocelyn Chavez

Compass Real Estate Listed on: 02/16/2021

Last Buyer's Agent

Lori Barrett

Coldwell Banker Yorke Realty

Coldwell Banker Yorke Realty

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

0.63 Acres

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
  • Contract Information:List PriceSqFt: 387.81
  • Property Information:Seasonal: No
  • 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 Lot: 003
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
May 13, 2021
Sold by
Bought by
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%
Current Estimated Value
$473,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,544
Avg. Annual Appreciation
11.69%
Original Mortgage
$216,000
Outstanding Balance
$192,811
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$280,733

Purchase Details

Listed on
Sep 8, 2015
Closed on
Oct 29, 2015
Sold by
Bought by
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
Bought by
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
Bought by

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Misc Company
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $216,000
Previous Owner $158,250
Previous Owner $156,000
Previous Owner $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,791 $266,100 $75,000 $191,100
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

  • J

    Seller's Agent in 2021

    Jocelyn Chavez

    Compass Real Estate

  • Lori Barrett

    Buyer's Agent in 2021

    Lori Barrett

    Coldwell Banker Yorke Realty

    (207) 337-1515

    7 in this area

    129 Total Sales

    Lori Barrett
    Section Image

  • D

    Seller's Agent in 2015

    Donald Wunder

    RE/MAX

  • D

    Buyer's Agent in 2015

    Darrel Griffin

    RE/MAX

    Section Image
  • Robert Coles

    Seller's Agent in 2012

    Robert Coles

    RE/MAX

    19 in this area

    38 Total Sales

    Robert Coles
    Section Image

  • D

    Buyer's Agent in 2012

    Don Wunder

    Ogunquit River Properties

    Section Image
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Map

Source: Maine Listings

MLS Number: 1482175

Maine Listings

APN: OGUN-000008-000008-000003

Maine York County Ogunquit 03903 Ogunquit

488 Main St Unit 3, Ogunquit, ME

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