NOT LISTED FOR SALE

7 W Old Orchard Ave Old Orchard Beach, ME 04064

Estimated Value: $459,379 - $712,000

3 Beds
2 Baths
1,292 Sq Ft
$443/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $355,000 $275 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,283/month

6 Days on Market

Highlights

  • Public Beach
  • Property is near public transit
  • 2 Car Detached Garage
  • Cape Cod Architecture
  • No HOA
  • Porch

About This Home

As of October 2018

A great opportunity for this single family home which is just a 2 minute walk to the beach. Home has a solid history of weekly renters which could make this a nice income property for the right buyer. The home has a recently built detached 2 car garage, a very nice stone patio out back, an outdoor shower, and has many updates through the property. This is not one to just drive by as you can hear the waves and see the water through the trees when on the front enclosed porch.

Last Agent to Sell the Property

Christian Steppe

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 08/21/2018

Coldwell Banker Realty

Co-Listed By

Greg Robert

Coldwell Banker Realty Brokerage Phone: 207-282-5988

Last Buyer's Agent

Kara Damon

Bean Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Public Beach
  • Property is zoned R-2

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • 1,292 Sq Ft Home
  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer

Unfinished Basement

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

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 2 / 5
  • Assessor Parcel Number OOBH-000312-000005-000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,233

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • Co List Office Phone: 207-282-5988
  • MLS Status: Closed
  • Directions: Head down Union St towards the water, take a left on 1st St then a left on West Old Orchard Ave, property is on the left, see sign.
  • Above Grade Finished Sq Ft: 1292.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1900
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 274.77
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1292.0
  • Property Information:Garage: 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:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Location:Near Railroad: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: A great opportunity for this single family home which is just a 2 minute walk to the beach. Home has a solid history of weekly renters which could make this a nice income property for the right buyer. The home has a recently built detached 2 car garage, a very nice stone patio out back, an outdoor shower, and has many updates through the property. This is not one to just drive by as you can hear the waves and see the water through the trees when on the front enclosed porch. Contact: Christian Steppe 207-286-4721
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Railroad
  • Waterfront: No
  • Construction Type: Composition, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • 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: 3484.8
  • Parcel #: OOBH-000312-000005-000002
  • Zoning: R-2

Tax Info

  • Tax Annual Amount: 2233.0
  • Tax Block: 5
  • Tax Lot: 2
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
Oct 9, 2018
Sold by
Suter Tina and Suter Richard L
Bought by
Dicarlo Salvy
Seller's Agent
Christian Steppe
Coldwell Banker Realty
Buyer's Agent
Kara Damon
Bean Group
List Price
$369,900
Sold Price
$355,000
Premium/Discount to List
-$14,900
-4.03%
Current Estimated Value
$572,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,595
Avg. Annual Appreciation
6.88%
Original Mortgage
$319,500
Outstanding Balance
$278,623
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$293,972

Purchase Details

Closed on
May 3, 2005
Sold by
Kahigian Gaynelle E and Hurst Lois E
Bought by
Suter Tina and Suter Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Dicarlo Salvy -- --
Suter Tina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dicarlo Salvy $319,500
Previous Owner Suter Tina $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2018 10/01/18 Sold $355,000 -4.0% $275 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $369,900 -- $286 / 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 $3,362 $309,000 $123,800 $185,200
2023 $3,202 $280,900 $112,500 $168,400
2022 $3,122 $255,100 $97,800 $157,300
2021 $3,001 $211,900 $81,100 $130,800
2020 $2,759 $178,900 $56,000 $122,900
2019 $2,500 $161,300 $56,000 $105,300
2018 $2,382 $155,700 $56,000 $99,700
2017 $2,233 $142,200 $52,800 $89,400
2016 $2,188 $141,500 $50,300 $91,200
2015 $2,148 $141,500 $50,300 $91,200
2014 $2,106 $141,500 $50,300 $91,200
2013 $1,953 $141,500 $50,300 $91,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1367121

Maine Listings

APN: OOBH-000312-000005-000002