$131,100
SOLD JAN 15, 2016

49 Atlantic Ave Old Orchard Beach, ME 04064

4 Beds
1 Bath
1,512 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

9% Above List Price

10 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • Cottage
  • Public Beach
  • No HOA
  • Cooling Available

About This Home

As of May 2018

Seaside community cottage style home with original detailing - tongue & groove wood paneling, brick fireplace, wood floors. Located within a short walk to OOB's 7 miles of white sandy beach. Plenty of room for family & friends! CASH offers require proof of funds WITH offer; financed offers require Caliber Home Loans prequalification WITH offer - contact CHL Consultant - Rod Whitfield, NMLS#369682, Email - rod.whitfield@caliberhomeloans.com, Phone Number - 469-208-8163

Last Agent to Sell the Property

Kathleen Phillips LaBombard

Ocean Gate Realty, LLC. Listed on: 10/29/2015

Last Buyer's Agent

Kathleen Phillips LaBombard

Ocean Gate Realty, LLC. Listed on: 10/29/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Public Beach
  • Lot Has A Rolling Slope
  • Property is zoned MDL-01

Home Design

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

Interior Spaces

  • 1,512 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Outbuilding

Location

  • City Lot

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 8 / 11
  • Assessor Parcel Number OOBH-000312-000011-000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,330

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • 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. Written highest and best offer no later than Nov. 5th at 8am CST.
  • 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 -: 0.13
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1512.0
  • 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
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Recreational Water:Nearby: Yes
  • Style:Cottage: Yes
  • Site:RollingSloping: Yes
  • Property Information:Bank Owned REO: Yes
  • Roof:Fiberglass: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Walk-Out Access, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Rolling Slope, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Roof: Fiberglass, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: OOBH-000312-000011-000008
  • Zoning: MDL-01

Tax Info

  • Tax Annual Amount: 2330.0
  • Tax Block: 11
  • Tax Book Number: 17123
  • Tax Lot: 8
  • Tax Map Number: 312
  • Tax Year: 2014

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%
Current Estimated Value
$572,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,989
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

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
Warranty Deed -- --
Not Resolvable $131,100 --
Foreclosure Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,500 New Conventional
Previous Owner $229,896 FHA
Previous Owner $40,000 Unknown
Previous Owner $23,157 Unknown
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: 1242750

Maine Listings

APN: OOBH-000312-000011-000008