NOT LISTED FOR SALE

59 Highland Ave Old Orchard Beach, ME 04064

Estimated Value: $373,000 - $467,000

3 Beds
1.5 Baths
1,197 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $169,000 $141 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,525/month

2 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Deck
  • Nearby Water Access
  • Colonial Architecture
  • No HOA

About This Home

As of August 2015

Investment? Rental Income producing? Home away from home? This property matches all of these criteria. Only six blocks away from the wonderful sand beaches of OLD ORCHARD BEACH, this three bedroom home has been totally renovated and is ready for you! Perhaps you are looking for a property which could be rented out to students at University of New England, through the winter months and then using it yourself during the summer. Convenient to shopping, downtown area AND the world famous PIER~

Last Agent to Sell the Property

Elias Thomas

Exit Key Real Estate Listed on: 07/27/2015

Co-Listed By

Jane Thomas

Exit Key Real Estate

Last Buyer's Agent

Tyler Martel

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1920

Lot Details

  • 2,178 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Fenced
  • Landscaped
  • Interior Lot
  • Level Lot
  • Property is zoned R-2

Home Design

  • 1,197 Sq Ft Home
  • Colonial Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Utilities

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

Additional Features

  • Laundry on upper level
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1163
  • Co List Office Phone: 207-636-2222
  • MLS Status: Closed
  • Directions: From Rte 1, Saco. Turn onto Ocean Park Road, then right onto Union Ave, left onto Washington Ave, then right onto Highland Ave. Sign on property.
  • Above Grade Finished Sq Ft: 1197.0
  • Architectural Style: Colonial
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1197.0
  • Site:Level: Yes
  • Site:Well Landscaped: 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
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Amenities:Fence: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Location:Interior Lot: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Sidewalks, Landscaped, Interior Lot, Intown, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • 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: 2178.0
  • Parcel #: 999999
  • Zoning: R-2

Tax Info

  • Tax Annual Amount: 2100.0
  • Tax Book Number: 15606
  • Tax Lot: 20
  • Tax Map Number: 315
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Aug 24, 2015
Sold by
Merrill Richard H and Merrill Claudette Y
Bought by
Morton 3Rd Frank W and Morton Johanna L
Seller's Agent
Elias Thomas
Exit Key Real Estate
Buyer's Agent
Tyler Martel
Keller Williams Realty
List Price
$167,500
Sold Price
$169,000
Premium/Discount to List
$1,500
0.9%
Current Estimated Value
$422,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,870
Avg. Annual Appreciation
9.56%
Original Mortgage
$109,000
Outstanding Balance
$87,001
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$337,340
Source: Public Records

Range of Values:

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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
Morton 3Rd Frank W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton 3Rd Frank W $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $169,000 +0.9% $141 / Sq Ft
07/12/2015 07/12/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $167,500 -- $140 / 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 $3,264 $300,000 $113,500 $186,500
2023 $3,069 $269,200 $103,200 $166,000
2022 $2,994 $244,600 $89,700 $154,900
2021 $2,722 $192,200 $71,700 $120,500
2020 $2,621 $170,000 $49,400 $120,600
2019 $2,635 $170,000 $49,400 $120,600
2018 $2,197 $163,800 $49,400 $114,400
2017 $2,277 $145,000 $47,400 $97,600
2016 $2,181 $141,100 $43,500 $97,600
2015 $2,142 $141,100 $43,500 $97,600
2014 $2,100 $141,100 $43,500 $97,600
2013 -- $141,100 $43,500 $97,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1227202

Maine Listings

APN: OOBH-000315-000020-000014