NOT LISTED FOR SALE

55 Israel Head Rd Unit 205 Ogunquit, ME 03907

Ogunquit Neighborhood

Estimated Value: $488,000 - $586,702

1 Bed
2 Baths
654 Sq Ft
$416/mo HOA Fee

Last Sold March 10, 2021

Last sale price $375,000 $573 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,538/month

1 Day on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • In Ground Pool
  • Wells Junior High School Rated A-
  • Public Beach
  • 1.3 Acre Lot

About This Home

As of March 2021

Nice ocean views, two private decks and known to be one of the best locations along Ogunquit's coast. Some renovations have been completed, a few more needed. All said and done, this little gem is a great vacation getaway or investment with excellent rental potential.

Last Agent to Sell the Property

Debora Marathon

Marathon Real Estate LLC Listed on: 02/04/2021

Last Buyer's Agent

Carolyn Weller

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 1910

Lot Details

  • Ocean Front
  • Public Beach
  • Landscaped

HOA Fees

  • $416 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 654 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Living Room
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • In Ground Pool
  • Nearby Water Access
  • Balcony
  • Deck

Location

  • Property is near golf course

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Cookware Rack over above kitchen counter
  • Tax Lot 18-205
  • Assessor Parcel Number 55IsraelHeadRoadOgunquit03907

Community Details

Overview

  • 66 Units
  • Horizon Condominiums Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Coin Laundry
  • Elevator

Pet Policy

  • No Pets Allowed

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,016

Year Built

Built in 1910

Lot Details

0

HOA Fees

$416 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Road Surface Type: Paved
  • Water Body Name: Ocean
  • MLS Status: Closed
  • Subdivision Name: Horizon Condominiums
  • Directions: Main Street Ogunquit to Shore Road. From Shore Road, left onto Israel Head Road.
  • Above Grade Finished Sq Ft: 654.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 564.22
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.3
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 654.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 1248.0
  • Location Information:Fee Frequency Paid: Quarterly
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 66
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Room Features:BalconyDeck17: Yes
  • Cooling:AC Units: Yes
  • Amenities:Elevator Passenger: Yes
  • Amenities:Laundry - Coin: Yes
  • Amenities:Tennis Court: Yes
  • Bedroom 1 Amenities:BalconyDeck: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Restrictions:No Cats Allowed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Elevator Passenger
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood
  • Pool Features: In Ground
  • Waterfront Features: Ocean
  • Waterfront: No
  • Exclusions: Cookware Rack over above kitchen counter
  • Construction Type: Vinyl Siding, Wood Frame
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1248.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: No Cats Allowed, No Dogs Allowed, Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 56628.0
  • Parcel #: 55IsraelHeadRoadOgunquit03907
  • Zoning: LBD

Multi Family

  • Number Of Units In Community: 66

Tax Info

  • Tax Annual Amount: 2016.0
  • Tax Lot: 18-205
  • Tax Year: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 3, 2021
Sold by
Mary E Carey 1988 Ft
Bought by
Gary Tran 2021 Lt
Seller's Agent
Debora Marathon
Marathon Real Estate LLC
Buyer's Agent
Carolyn Weller
RE/MAX Realty One
List Price
$369,000
Sold Price
$375,000
Premium/Discount to List
$6,000
1.63%
Current Estimated Value
$563,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,382
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Nov 8, 2005
Sold by
Carey Mary E
Bought by
Mary E Carey Ft
Source: Public Records
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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
Gary Tran 2021 Lt -- None Available
Mary E Carey Ft -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2021 03/10/21 Sold $375,000 +1.6% $573 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $369,000 -- $564 / 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 $2,454 $379,800 $180,000 $199,800
2023 $2,454 $379,800 $180,000 $199,800
2022 $2,400 $379,800 $180,000 $199,800
2021 $2,098 $257,700 $5,200 $252,500
2020 $2,062 $257,700 $5,200 $252,500
2019 $2,062 $257,700 $5,200 $252,500
2018 $2,269 $286,900 $5,200 $281,700
2017 $2,175 $286,900 $5,200 $281,700
2016 $1,451 $179,300 $5,200 $174,100
2015 $1,447 $179,300 $5,200 $174,100
2014 $1,391 $179,300 $5,200 $174,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1481298

Maine Listings

APN: OGUN-000004-000018-000205