NOT LISTED FOR SALE

49 Atlantic Ave Old Orchard Beach, ME 04064

Estimated Value: $480,598 - $752,000

5 Beds
2 Baths
1,512 Sq Ft
$398/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $262,000 $173 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,566/month

52 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Property is near public transit
  • Nearby Water Access
  • Deck
  • Wood Flooring

About This Home

As of May 2018

Seaside community, open layout, Cottage style home with 4-5 bedrooms & 2 full baths. Home features much original detailing throughout - tongue & groove wood paneling, brick wood burning fireplace, wood floors. Three season sun porch off the kitchen, and a new, huge 16 x 20 pressure treated deck off the sun room. Spacious back yard with a fire pit and a storage shed . Located only three blocks down Atlantic Avenue to public access to OOB's 7 miles of white sandy beach. Home comes furnished. Act quickly and spend your summer with family and friends, at "Coral Cottage" and on the beach!

Last Agent to Sell the Property

Kathleen Phillips LaBombard

Ocean Gate Realty, LLC. Listed on: 02/14/2018

Last Buyer's Agent

Faye Casey

Bean Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,462

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Lot Has A Rolling Slope
  • Property is zoned R-2

Home Design

  • Cottage
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding
  • Porch

Location

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 8 / 11
  • Assessor Parcel Number OOBH-000312-000011-000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,462

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Maine Turnpike to Route 5 into OOB, turn right onto Atlantic Avenue after the lights past fire station, continue two blocks toward ocean to #49 Atlantic on the right
  • Above Grade Finished Sq Ft: 1512.0
  • Architectural Style: Cottage
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1512.0
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Style:Cottage: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Ceiling Fans: Yes
  • Laundry Room:Laundry Room: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Roof:Fiberglass: Yes
  • Transportation:Rail Available: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Roof: Fiberglass, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: OOBH-000312-000011-000008
  • Zoning: R-2

Tax Info

  • Tax Annual Amount: 2462.0
  • Tax Block: 11
  • Tax Book Number: 17174
  • Tax Lot: 8
  • Tax Map Number: 312
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
May 7, 2018
Sold by
Advantaira T Llc
Bought by
Mcphillips Kenneth G and Mcphillips Deborah
Seller's Agent
Kathleen Phillips LaBombard
Ocean Gate Realty, LLC.
Buyer's Agent
Faye Casey
Bean Group
List Price
$275,000
Sold Price
$262,000
Premium/Discount to List
-$13,000
-4.73%
Total Days on Market
52
Current Estimated Value
$601,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,400
Avg. Annual Appreciation
12.36%
Original Mortgage
$196,500
Outstanding Balance
$171,176
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$430,224

Purchase Details

Listed on
Oct 29, 2015
Closed on
Jan 25, 2016
Sold by
Us Bank Na Tr
Bought by
Advantaira T
Seller's Agent
Kathleen Phillips LaBombard
Ocean Gate Realty, LLC.
Buyer's Agent
Kathleen Phillips LaBombard
Bay Realty
List Price
$119,900
Sold Price
$131,100
Premium/Discount to List
$11,200
9.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.13%

Purchase Details

Listed on
Oct 29, 2015
Closed on
Dec 28, 2015
Sold by
Connolly James L
Bought by
Us Bank Na Tr
Seller's Agent
Kathleen Phillips LaBombard
Ocean Gate Realty, LLC.
Buyer's Agent
Kathleen Phillips LaBombard
Bay Realty
List Price
$119,900
Sold Price
$131,100
Premium/Discount to List
$11,200
9.34%
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 Buyer Sale Price Title Company
Mcphillips Kenneth G -- --
Advantaira T $131,100 --
Us Bank Na Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcphillips Kenneth G $196,500
Previous Owner Connolly James L $229,896
Previous Owner Connolly James L $40,000
Previous Owner Connolly James L $23,157
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $262,000 -4.7% $173 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $275,000 +109.8% $182 / Sq Ft
01/15/2016 01/15/16 Sold $131,100 +9.3% $87 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
10/29/2015 10/29/15 For Sale $119,900 -- $79 / 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 $4,500 $413,600 $90,900 $322,700
2023 $4,150 $364,000 $76,200 $287,800
2022 $4,023 $328,700 $67,000 $261,700
2021 $3,815 $269,400 $58,000 $211,400
2020 $3,796 $246,200 $52,700 $193,500
2019 $3,514 $226,700 $52,700 $174,000
2018 $2,823 $184,500 $52,700 $131,800
2017 $2,462 $156,800 $44,400 $112,400
2016 $2,446 $158,200 $45,800 $112,400
2015 $2,401 $158,200 $45,800 $112,400
2014 $2,330 $156,600 $45,800 $110,800
2013 $2,161 $156,600 $45,800 $110,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1338484

Maine Listings

APN: OOBH-000312-000011-000008