NOT LISTED FOR SALE

59 E Grand Ave Old Orchard Beach, ME 04064

Estimated Value: $623,560 - $869,000

4 Beds
1.5 Baths
1,662 Sq Ft
$447/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $455,000 $274 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,412/month

406 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Tile Flooring
  • Public Beach
  • Cottage
  • Landscaped

About This Home

As of September 2020

Enjoy beach views from the deck and being just a short walk from downtown Old Orchard in this cottage by the beach. Great seasonal rental potential or make it your year-round home. Updated features includes a wrap-around deck, siding, windows, awnings, and aluminum fencing.

Last Agent to Sell the Property

Philippe Bourassa

Maine Real Estate Co Listed on: 06/16/2020

Last Buyer's Agent

Philippe Bourassa

Bean Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,273

Year Built

  • Built in 1905

Lot Details

  • 1,742 Sq Ft Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Landscaped
  • Property is zoned DD-2

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,662 Sq Ft Home
  • Water Views

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1-13
  • Assessor Parcel Number 59EastGrandAvenueOldOrchardBeach04064

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,273

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: From center of Old Orchard Beach, left on East Grand, to #59 on the right.
  • Above Grade Finished Sq Ft: 1662.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1905
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.04
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1662.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Basement:Dirt Floor: Yes
  • Style:Cottage: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Dirt Floor, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Intown, Near Public Beach
  • Waterfront Features: Bay, Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, 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: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 59EastGrandAvenueOldOrchardBeach04064
  • Zoning: DD-2

Tax Info

  • Tax Annual Amount: 4273.0
  • Tax Lot: 1-13
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Sep 15, 2020
Sold by
Joseph & Marion Rosa Ret
Bought by
Karantonis Michael V and Karantonis Debra L
Seller's Agent
Philippe Bourassa
Maine Real Estate Co
Buyer's Agent
Philippe Bourassa
Maine Real Estate Co
List Price
$499,000
Sold Price
$455,000
Premium/Discount to List
-$44,000
-8.82%
Current Estimated Value
$743,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,390
Avg. Annual Appreciation
10.06%
Original Mortgage
$409,500
Outstanding Balance
$363,404
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$379,986

Purchase Details

Closed on
Oct 11, 2013
Sold by
Rosa Joseph and Rosa Marion
Bought by
Joseph & Marion Rosa Ret
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 Buyer Sale Price Title Company
Karantonis Michael V -- None Available
Joseph & Marion Rosa Ret -- --
Joseph & Marion Rosa Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karantonis Michael V $409,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $455,000 -8.8% $274 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
06/21/2019 06/21/19 For Sale $499,000 -- $300 / 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 $6,255 $574,900 $346,400 $228,500
2023 $5,800 $508,800 $308,100 $200,700
2022 $5,507 $449,900 $267,900 $182,000
2021 $4,932 $348,300 $201,100 $147,200
2020 $4,719 $306,000 $170,100 $135,900
2019 $4,743 $306,000 $170,100 $135,900
2018 $4,273 $279,300 $161,600 $117,700
2017 $4,080 $259,900 $148,100 $111,800
2016 $3,820 $247,100 $135,300 $111,800
2015 $3,751 $247,100 $135,300 $111,800
2014 $3,677 $247,100 $135,300 $111,800
2013 $3,128 $226,700 $135,300 $91,400
Source: Public Records

Agents Affiliated with this Home

  • Philippe Bourassa

    Seller's Agent in 2020

    Philippe Bourassa

    Maine Real Estate Co

    (207) 939-4011

    6 in this area

    16 Total Sales

    Philippe Bourassa
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Map

Source: Maine Listings

MLS Number: 1421207

Maine Listings

APN: OOBH-000304-000001-000013

Maine York County Old Orchard Beach 04064

59 E Grand Ave, Old Orchard Beach, ME

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