NOT LISTED FOR SALE

61 Smithwheel Rd Old Orchard Beach, ME 04064

Estimated Value: $519,000 - $614,000

4 Beds
2 Baths
1,940 Sq Ft
$293/Sq Ft Est. Value

Sale Details

Date Sold: December 4, 2020

Last sale price $380,000 $196 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,419 / mo

6 Days on Market

Highlights

  • Public Beach
  • Deck
  • No HOA
  • 0.65 Acre Lot
  • Main Floor Bedroom
  • Bathtub

About This Home

As of December 2020

Owner occupy and offset your income at this fantastic duplex conveniently located near schools, the beach and the turnpike! Set on over a half acre of land each unit has its own fenced in backyard with private decks. Unit A is fully updated with fresh paint, flooring and appliances and also features a large finished space in the basement. Unit B has a strong rental history and has been well maintained. Walk right across the street to the trolley stop that will shuttle you to downtown OOB for pier fries and year round fun!

Last Agent to Sell the Property

April Cohen

Bean Group Listed on: 10/07/2020

Co-Listed By

Megan Cote

Bean Group

Last Buyer's Agent

Sue Durst

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,728

Year Built

  • Built in 1994

Lot Details

  • 28,314 Sq Ft Lot
  • Property fronts a freeway
  • Public Beach
  • Fenced
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

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

Outdoor Features

  • Deck
  • Shed

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • Property is near golf course

Listing and Financial Details

  • Legal Lot and Block 3 / 2
  • Assessor Parcel Number OOBH-000107-000002-000003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,069
  • Gross Income $1,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,728

Year Built

Built in 1994

Lot Details

0.65 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.65
  • Road Surface Type: Paved
  • Co List Office Phone: 207-774-4224
  • MLS Status: Closed
  • Directions: Off the Saco spur take a left at Dunkin' onto Smithwheel Road. Home is on the left.
  • Above Grade Finished Sq Ft: 1440.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1994
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 229.1
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.65
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1440.0
  • Property Information:SqFt Finished Below Grade: 500.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 1150.0
  • Income Expenses Operating Expenses: 6069.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Style:Duplex: Yes
  • Water Heater:Oil2: Yes
  • Water Heater:Tank: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Owner occupy and offset your income at this fantastic duplex conveniently located near schools, the beach and the turnpike! Set on over a half acre of land each unit has its own fenced in backyard with private decks. Unit A is fully updated with fresh paint, flooring and appliances and also features a large finished space in the basement. Unit B has a strong rental history and has been well maintained. Walk right across the street to the trolley stop that will shuttle you to downtown OOB for pier fries and year round fun!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 500.0
  • Flooring: Vinyl, Tile, Laminate
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Sidewalks, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Common, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 28314.0
  • Parcel #: OOBH-000107-000002-000003
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1150.0
  • Annual Operating Expense: 6069.0

Tax Info

  • Tax Annual Amount: 3728.0
  • Tax Block: 2
  • Tax Lot: 3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 4, 2020
Sold by
Eon Joshua R
Bought by
Mcintosh Heather
Seller's Agent
April Cohen
Bean Group
Buyer's Agent
Sue Durst
Keller Williams Realty
List Price
$329,900
Sold Price
$380,000
Premium/Discount to List
$50,100
15.19%
Current Estimated Value
$568,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,192
Avg. Annual Appreciation
7.69%
Original Mortgage
$373,117
Outstanding Balance
$332,778
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$235,414

Purchase Details

Listed on
Sep 9, 2015
Closed on
Feb 12, 2016
Sold by
Vance Perley W and Ayer Janet L
Bought by
Eon Joshua R
Seller's Agent
Alice Kubacki
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Megan Cote
Bean Group
List Price
$229,900
Sold Price
$205,000
Premium/Discount to List
-$24,900
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%
Original Mortgage
$201,286
Interest Rate
4.02%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mcintosh Heather -- None Available
Eon Joshua R -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Mcintosh Heather $373,117
Previous Owner Eon Joshua R $201,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2020 12/04/20 Sold $380,000 +15.2% $196 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $329,900 +60.9% $170 / Sq Ft
02/10/2016 02/10/16 Sold $205,000 -10.8% $142 / Sq Ft View Prior Sale
12/19/2015 12/19/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $229,900 -- $160 / Sq Ft
Source: Maine Listings

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 $4,668 $429,000 $114,300 $314,700
2023 $4,308 $377,900 $105,500 $272,400
2022 $4,163 $340,100 $95,900 $244,200
2021 $4,252 $300,300 $94,500 $205,800
2020 $4,114 $266,800 $86,000 $180,800
2019 $4,135 $266,800 $86,000 $180,800
2018 $3,778 $246,900 $81,400 $165,500
2017 $3,484 $221,900 $75,200 $146,700
2016 $3,230 $208,900 $62,200 $146,700
2015 $3,171 $208,900 $62,200 $146,700
2014 $3,281 $220,500 $73,800 $146,700
2013 $3,043 $220,500 $73,800 $146,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    April Cohen

    Bean Group

  • M

    Seller Co-Listing Agent in 2020

    Megan Cote

    Bean Group

  • S

    Buyer's Agent in 2020

    Sue Durst

    Keller Williams Realty

    Section Image
  • Alice Kubacki

    Seller's Agent in 2016

    Alice Kubacki

    Keller Williams Coastal and Lakes & Mountains Realty

    (207) 318-3000

    2 in this area

    23 Total Sales

    Alice Kubacki
    Section Image
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Map

Source: Maine Listings

MLS Number: 1471850

Maine Listings

APN: OOBH-000107-000002-000003

Maine York County Old Orchard Beach 04064

61 Smithwheel Rd, Old Orchard Beach, ME

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