NOT LISTED FOR SALE

Estimated Value: $473,000

3 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 05, 2015

Last sale price $289,000

Est. 64% increase in value since last sale

Current estimated payment $2,833/month

8 Days on Market

Highlights

  • Additional Residence on Property
  • Nearby Water Access
  • Colonial Architecture
  • Ocean Front
  • Public Beach
  • Property is near public transit

About This Home

As of March 2015

Fantastic location in the popular resort town of Old Orchard Beach within very short walking distance to the beach, Amtrak, amusement rides, Pier and more. Main house has 1-1/2 baths, first floor laundry, 3 bedrooms and ample parking and is YEAR ROUND. Currently there are two seasonal cottages on the property and one is permitted by the Town of Old Orchard Beach for seasonal rental. Potential for the second cottage for seasonal rental with permission through the Zoning Board of Appeals. Don't Miss Out!

Last Agent to Sell the Property

Lynne Demers

Keller Williams Realty Listed on: 07/27/2015

Last Buyer's Agent

Justin Douglass

Green Tree Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1945

Lot Details

  • 4,792 Sq Ft Lot
  • Ocean Front
  • Property fronts a private road
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Cottage
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • Bathtub
  • Furnished
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Parking

  • Common or Shared Parking
  • Shared Driveway

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source

Additional Features

  • Nearby Water Access
  • Additional Residence on Property
  • Property is near public transit

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 13 / 13

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,832

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Ocean Park Road to Union Avenue; turn right onto Hillside; take the 2nd left onto Seaside Avenue
  • Architectural Style: Cottage, Colonial
  • Year Built: 1945
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Cooling:Central Air: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Amenities:Furniture Included: Yes
  • Location:Near Railroad: Yes
  • Advertising Remarks:Advertising Remarks: Fantastic location in the popular resort town of Old Orchard Beach within very short walking distance to the beach, Amtrak, amusement rides, Pier and more. Main house has 1-1/2 baths, first floor laundry, 3 bedrooms and ample parking and is YEAR ROUND. Currently there are two seasonal cottages on the property and one is permitted by the Town of Old Orchard Beach for seasonal rental. Potential for the second cottage for seasonal rental with permission through the Zoning Board of Appeals. Don't Mss Out!
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Furniture Included, Bathtub

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Common

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other Heat System, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Other Electric, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 999999
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2832.0
  • Tax Block: 13
  • Tax Lot: 13
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
Home Restoration Svcs Llc
Bought by
Mcardle Phillip P and Mcardle Katie A
Current Estimated Value
$473,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,100
Outstanding Balance
$291,249
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$181,751
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcardle Phillip P -- None Available
Mcardle Phillip P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcardle Phillip P $323,100
Closed Mcardle Phillip P $323,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2015 03/05/15 Sold $289,000 -12.2% --
02/11/2015 02/11/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $329,000 -- --
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 $4,223 $388,100 $52,800 $335,300
2023 $4,187 $367,300 $48,000 $319,300
2022 $3,989 $325,900 $41,700 $284,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1203239

Maine Listings

APN: OOBH M:315 B:13 L:13-1