NOT LISTED FOR SALE

51 Atlantic Ave Old Orchard Beach, ME 04064

-- Bed
2.5 Baths
1,281 Sq Ft
6,534 Sq Ft Lot

Last Sold October 02, 2023

Last sale price $450,000 $351 Per Sq Ft

5 Days on Market

Highlights

  • Additional Residence on Property
  • Nearby Water Access
  • Deck
  • Ocean Front
  • Public Beach
  • Wood Flooring

About This Home

As of October 2023

!Welcome to your new summer cottage! You can enjoy Vacationland inside and out; the classic décor meets a wrap-around front porch, just 1/4 mile down the street to the ocean. There are two buildings on one lot. With a robust rental history this property also offers investment and value-add potential.
In the primary 790 SqFt primary cottage: on the first floor has hardwood and tile flooring with an open kitchen, living, dining and half bath & on the second floor there are two bedrooms and a full bath.
In the 491 SqFt unfinished accessory cottage: There is an open studio layout with galley kitchen & ¾ bath. The loft in the cottage is on the town tax card as 190 SqFt but is not advertised as part of the living space.
For additional value, you could improve the main house to be four-season & the auxiliary cottage is a project ready to be finished! The property can be sold fully furnished. Showings start at the open house Sunday 9/3 2-5pm

Last Agent to Sell the Property

Frank Hennings

Coldwell Banker Realty Brokerage Phone: 207-773-1990 Listed on: 08/31/2023

Coldwell Banker Realty

Last Buyer's Agent

Sarah Msuya

Dream Home Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,248

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Seasonal Access to Property
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,281 Sq Ft Home
  • Furnished
  • Water Views

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Shower Only

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Utilities

  • Air Conditioning
  • Heating Available
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Additional Features

  • Additional Residence on Property
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 9 / 11
  • Assessor Parcel Number OOBH-000312-000011-000009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $999
  • Gross Income $999

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,248

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: Atlantic Ave to #51
  • Above Grade Finished Sq Ft: 1281.0
  • Architectural Style: Cottage, New Englander
  • Garage Yn: No
  • Year Built: 1920
  • Attribution Contact: 207-773-1990
  • Location Information:Leased Land: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1281.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 999.0
  • Income Expenses Operating Expenses: 999.0
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Amenities:Furniture Included: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Cooling:AC Units: Yes
  • Heat System:No Heat System: Yes
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Daylight, Full, Exterior Only
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: Furniture Included, Shower, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: No Heat System
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: OOBH-000312-000011-000009
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 999.0
  • Annual Operating Expense: 999.0

Tax Info

  • Tax Annual Amount: 3248.0
  • Tax Block: 11
  • Tax Book Number: 17523
  • Tax Lot: 9
  • Tax Map Number: 312
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $450,000 +20.0% $351 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $375,000 +66.7% $293 / Sq Ft
08/07/2020 08/07/20 Sold $225,000 -9.3% $153 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
03/28/2020 03/28/20 For Sale $248,000 -- $169 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1570625

Maine Listings