$250,000
SOLD MAY 12, 2023
4 Beds
1 Bath
2,244 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

17% Below List Price

36 Days on Market

Highlights

  • Nearby Water Access
  • Main Floor Bedroom
  • Corner Lot
  • Wood Flooring
  • 1 Fireplace
  • No HOA

About This Home

As of July 2024

Looking for a home where you can build some sweat equity plus take a short 6 minute drive to the beach? This is it! Come take a look at this amazing opportunity to own a 4 bedroom, 1 bath home in Old Orchard Beach. Home boasts a fireplace, pellet stove, built-ins, sunroom, 1 car attached garage, and a paved driveway. Property is located on a level, open, corner lot close to amenities. Don't miss out!

Last Agent to Sell the Property

Crystal Fontaine-Bergeron

Fontaine Family-The Real Estate Leader Brokerage Phone: 207-784-3800 Listed on: 03/22/2023

Last Buyer's Agent

Jeffrey Davis

Town & Shore Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,187

Year Built

  • Built in 1947

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned R-4

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Masonry

Interior Spaces

  • 2,244 Sq Ft Home
  • 1 Fireplace
  • Living Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Nearby Water Access

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 14-3
  • Assessor Parcel Number OOBH-000211-000014-000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,187

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Saco Ave, turn left onto Center St., turn right onto Michaud Ave and property will be on the right.
  • Above Grade Finished Sq Ft: 2244.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 1947
  • Attribution Contact: 207-784-3800
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 2244.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 1.0
  • Foundation Materials:Slab: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Property Information:Bank Owned REO: Yes
  • Construction:Masonry: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Shingle Siding, Masonry, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 10454.4
  • Parcel #: OOBH-000211-000014-000003
  • Zoning: R-4

Tax Info

  • Tax Annual Amount: 3187.0
  • Tax Book Number: 19001
  • Tax Lot: 14-3
  • Tax Map Number: 211
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 1, 2024
Sold by
Thach Son
Bought by
Gouveia Keith and Gouveia Deborah
Seller's Agent
Jeffrey Davis
Town & Shore Real Estate
Buyer's Agent
Laura Byther
EXP Realty
List Price
$499,500
Sold Price
$542,500
Premium/Discount to List
$43,000
8.61%
Total Days on Market
36
Views
39
Current Estimated Value
$554,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,450
Avg. Annual Appreciation
2.39%
Original Mortgage
$434,000
Outstanding Balance
$430,646
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$124,304
Source: Public Records

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Range of Values:

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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 $542,500 None Available
Warranty Deed $542,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $434,000 Purchase Money Mortgage
Closed $434,000 Purchase Money Mortgage
Previous Owner $156,689 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $542,500 +8.6% $242 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $499,500 +99.8% $223 / Sq Ft
05/12/2023 05/12/23 Sold $250,000 -16.6% $111 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $299,900 -- $134 / 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 $5,799 $533,000 $134,200 $398,800
2023 $3,511 $308,000 $114,800 $193,200
2022 $3,268 $267,000 $91,800 $175,200
2021 $3,187 $225,100 $83,400 $141,700
2020 $3,069 $199,000 $72,400 $126,600
2019 $3,085 $199,000 $72,400 $126,600
2018 $3,017 $197,200 $72,400 $124,800
2017 $2,821 $179,700 $61,100 $118,600
2016 $2,797 $180,900 $62,300 $118,600
2015 $2,746 $180,900 $62,300 $118,600
2014 $2,692 $180,900 $62,300 $118,600
2013 $2,496 $180,900 $62,300 $118,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1554367

Maine Listings

APN: OOBH-000211-000014-000003