Seller's Agent in 2023
Bernie Reim
Keller Williams Realty
(207) 337-2749
2 in this area
8 Total Sales
65 Smithwheel Rd Old Orchard Beach, ME 04064
Estimated Value: $480,000 - $593,191
2
Beds
2
Baths
2,190
Sq Ft
$242/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- 1.2 Acre Lot
- No HOA
- Public Beach
- Cape Cod Architecture
- Shed
About This Home
As of July 2023Excellent opportunity for the right buyer. This is currently an upgraded two unit with good income. It is on a large lot of 1.2 acres which allows for up to 8 more units with approvals. The older front unit was built in 1968 and has 1240 square feet and 3 bedrooms and is on a slab. The newer back unit was built in 1990 and also has 3 bedrooms and 950 square feet. It has a crawl space. Great location about 2 miles from the beaches and near the turnpike, schools, and a golf course. Front unit has a new heating and cooling system and both units have a new roof.
Last Buyer's Agent
Bernie Reim
Better Homes & Gardens Real Estate/The Masiello Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,251
Year Built
- Built in 1968
Lot Details
- 1.2 Acre Lot
- Public Beach
- Level Lot
- Open Lot
Home Design
- 2,190 Sq Ft Home
- Cape Cod Architecture
- Ranch Style House
- Slab Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Flooring
- Carpet
- Tile
- Vinyl
Basement
- Partial Basement
- Interior Basement Entry
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- Off-Street Parking
Location
- Property is near golf course and shops
- Suburban Location
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Kerosene
- Heating System Uses Oil
- Baseboard Heating
- Three-Phase Power
- Natural Gas Not Available
- Electric Water Heater
Additional Features
- 2 Full Bathrooms
- Laundry on main level
- Shed
- Additional Residence on Property
Listing and Financial Details
- Tax Lot 2/26
- Assessor Parcel Number OOBH-000107-000002-000026
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $8,000
- Gross Income $43,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2023
Closed on
Jul 28, 2023
Sold by
Nguyen Kent
Bought by
Collins Garett and Collins Sophia
Seller's Agent
Bernie Reim
Keller Williams Realty
Buyer's Agent
Bernie Reim
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,798
Avg. Annual Appreciation
2.24%
Original Mortgage
$399,200
Outstanding Balance
$389,097
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$141,701
Purchase Details
Closed on
Dec 28, 2021
Sold by
Nguyen Bang H
Bought by
Nguyen Kent
Purchase Details
Closed on
Nov 20, 2017
Sold by
Godin Thomas B and Nguyen Dung
Bought by
Godin Thomas B and Nguyen Trungtin H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2016
Sold by
Nguyen Kent
Bought by
Nguyen Kent and Tran Dat Q
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Collins Garett | $499,000 | None Available | |
| Collins Garett | $499,000 | None Available | |
| Collins Garett | $499,000 | None Available | |
| Collins Garett | $499,000 | None Available | |
| Nguyen Kent | -- | None Available | |
| Nguyen Kent | -- | None Available | |
| Nguyen Kent | -- | None Available | |
| Nguyen Kent | -- | None Available | |
| Godin Thomas B | -- | -- | |
| Godin Thomas B | -- | -- | |
| Godin Thomas B | -- | -- | |
| Godin Thomas B | -- | -- | |
| Nguyen Kent | -- | -- | |
| Nguyen Kent | -- | -- | |
| Nguyen Kent | -- | -- |
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 | Collins Garett | $399,200 | |
| Closed | Collins Garett | $399,200 | |
| Previous Owner | Godin Thomas B | $164,000 | |
| Previous Owner | Nguyen Kent | $150,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2023 07/28/23 | Sold | $499,000 | 0.0% | $228 / Sq Ft |
| 05/31/2023 05/31/23 | Pending | -- | -- | -- |
| 05/26/2023 05/26/23 | For Sale | $499,000 | -- | $228 / 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 | $4,571 | $420,165 | $134,565 | $285,600 |
| 2023 | $4,292 | $376,510 | $124,110 | $252,400 |
| 2022 | $4,251 | $347,280 | $112,780 | $234,500 |
| 2021 | $4,205 | $296,944 | $104,944 | $192,000 |
| 2020 | $4,279 | $277,500 | $91,000 | $186,500 |
| 2019 | $4,301 | $277,500 | $91,000 | $186,500 |
| 2018 | $3,854 | $271,000 | $86,200 | $184,800 |
| 2017 | $3,945 | $251,300 | $80,100 | $171,200 |
| 2016 | $3,686 | $238,400 | $65,700 | $172,700 |
| 2015 | $3,619 | $238,400 | $65,700 | $172,700 |
| 2014 | $3,729 | $250,600 | $77,900 | $172,700 |
| 2013 | $3,473 | $251,700 | $77,900 | $173,800 |
Source: Public Records
Agents Affiliated with this Home
-
Bernie Reim
Map
Source: Maine Listings
MLS Number: 1560278
APN: OOBH-000107-000002-000026
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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