NOT LISTED FOR SALE
7 Beds
6 Baths
2,326 Sq Ft
$25/mo HOA Fee

Last Sold September 18, 2020

Last sale price $1,325,000 $570 Per Sq Ft

12 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Colonial Architecture
  • Wells Junior High School Rated A-
  • Scenic Views
  • Deck

About This Home

As of September 2020

You can live where you vacation and this home is ready to make your dreams of living in Ogunquit, a reality. This freshly renovated home boasts a well thought out renovation that allows for expanded living areas while still maintaining distinct areas within the great room. Enjoy the enclosed front porch that features a wet bar and plenty of space to entertain now that it's been expanded to incorporate the rest of the living area! The kitchen features gorgeous cabinetry, soapstone counters, and plenty of room to let the chef in the family prepare a gourmet feast. The interior of the home has been painstakingly renovated to include new lighting fixtures, updated bathrooms, plantation shutters, and freshly refinished floors and painted walls throughout. In addition to the spacious and newly renovated 5 bedroom 3 bath main house, your extended family and guests will enjoy staying in either the terrace or patio suites with their own private entries, full baths, and plenty of space to relax outside. This home has been operated as a successful B&B and has now been converted to a single family rental with two studio rentals. If you have ever thought of owning and operating a B&B, this property is ready to go. If you have decided you want to live where you vacation and want to make one of those suites, you private office space, well that is doable, too. This property simply has endless possibilities and is in mint condition just waiting for you to find it!
This home is truly a gem in the heart of Ogunquit. Start living your dream today.

Last Agent to Sell the Property

Gail Bergeron

RE/MAX Realty One Listed on: 08/11/2020

Last Buyer's Agent

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,410

Year Built

  • Built in 1920

Lot Details

  • Public Beach
  • Landscaped

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,326 Sq Ft Home
  • Built-In Features
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Scenic Vista Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 6 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access
  • Balcony
  • Deck
  • Patio
  • Shed
  • Enclosed Glass Porch

Location

  • City Lot

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • Mainescape Condominium Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Legal Lot and Block 001 / 042
  • Assessor Parcel Number OGUN-000006-000042-000001

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,410

Year Built

Built in 1920

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Mainescape Condominium
  • Directions: Route One south to Ogunquit center. Left on Shore Road. to right on School Street. Property is on the left across from the bank.
  • Above Grade Finished Sq Ft: 2326.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 2326.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: 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
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 297.5
  • Location Information:Fee Frequency Paid: Annually
  • Heat System:Heat Pump: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Units in Building: 1
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Room Features:Built-Ins30: Yes
  • Amenities:In-Law Apartment: Yes
  • Room Features:BalconyDeck17: Yes
  • Cooling:AC Units: Yes
  • Appliances Included:Trash Compactor: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Bedroom Amenities 6:Full Bath8: Yes
  • Bedroom Amenities 7:Full Bath9: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Microwave, Electric Range, Disposal, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, In-Law Floorplan, Other, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Bedroom 5:Bedroom 5 Level: Second
  • Bedroom Amenities 6 BalconyDeck7: Yes

Exterior Features

  • Lot Features: Open Lot, Landscaped, Intown, Near Public Beach, Near Shopping, Neighborhood
  • View: Scenic
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Glass Enclosed, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: Heat Pump, A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 297.5
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: OGUN-000006-000042-000001
  • Zoning: GBD1

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 4410.0
  • Tax Block: 042
  • Tax Book Number: 18105
  • Tax Lot: 001
  • Tax Map Number: 006
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 10, 2020
Sold by
67 School Street Llc
Bought by
67 School St Hldg Llc
Seller's Agent
Gail Bergeron
RE/MAX Realty One
Buyer's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$1,285,000
Sold Price
$1,325,000
Premium/Discount to List
$40,000
3.11%

Purchase Details

Listed on
Oct 29, 2018
Closed on
Jan 9, 2019
Sold by
Bushnell Michael A and Testa Gregory M
Bought by
Ribaudo Dale J and Ribaudo Deborah S
Seller's Agent
Donald Wunder
RE/MAX Realty One
Buyer's Agent
Gail Bergeron
RE/MAX Realty One
List Price
$889,000
Sold Price
$865,000
Premium/Discount to List
-$24,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.70%
Original Mortgage
$692,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
67 School St Hldg Llc -- None Available
67 School St Hldg Llc -- None Available
Ribaudo Dale J -- Red Door Title
Ribaudo Dale J -- Red Door Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ribaudo Dale J $692,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2020 09/18/20 Sold $1,325,000 +3.1% $570 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $1,285,000 +48.6% $552 / Sq Ft
01/09/2019 01/09/19 Sold $865,000 -2.7% $372 / Sq Ft View Prior Sale
11/03/2018 11/03/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $889,000 -- $382 / 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 $8,771 $1,357,800 $75,000 $1,282,800
2023 $8,771 $1,357,800 $75,000 $1,282,800
2022 $8,581 $1,357,800 $75,000 $1,282,800
2021 $4,968 $610,300 $43,000 $567,300
2020 $4,410 $551,300 $21,500 $529,800
2019 $4,410 $551,300 $21,500 $529,800
2018 $4,274 $540,300 $21,500 $518,800
2017 $4,095 $540,300 $21,500 $518,800
2016 $4,289 $530,100 $21,500 $508,600
2015 $4,277 $530,000 $21,500 $508,500
2014 $4,113 $530,000 $21,500 $508,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1464031

Maine Listings

APN: 006-042