NOT LISTED FOR SALE

Estimated Value: $536,000 - $778,000

4 Beds
2 Baths
1,874 Sq Ft
$323/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $237,000 $126 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,585/month

41 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Wood Flooring
  • Nearby Water Access
  • Deck
  • New Englander Architecture

About This Home

As of November 2018

Two unit multi family in the much enjoyed vacation town of Old Orchard Beach. Appreciate an elevated ocean view right from your front steps and every time you walk or drive toward the beach! Bringing this home back to life would make a very nice residence or rental. Old Orchard Beach offers the excitement of summer with restaurants, activities and beautiful beaches with the tranquility of a quaint seaside town off season. Old Orchard Beach is not off the beaten path with surrounding towns offering shopping and dining as well as water parks and drive in theater. Be as busy or as relaxed as you like!

Last Agent to Sell the Property

Jeffrey Mateja

Keller Williams Realty Listed on: 08/07/2018

Keller Williams Realty

Last Buyer's Agent

Jeffrey Mateja

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,721

Year Built

  • Built in 1879

Lot Details

  • 5,663 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Fenced
  • Landscaped
  • Level Lot

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,874 Sq Ft Home
  • Water Views
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed
  • Porch

Location

  • Property is near a golf course
  • City Lot

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 1 / 20
  • Assessor Parcel Number OOBH-000315-000020-000001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,721

Year Built

Built in 1879

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1874.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1879
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 126.47
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1874.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Recreational Water:Nearby: Yes
  • Style:New Englander: Yes
  • Cooling:AC Units: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Two unit multi family in the much enjoyed vacation town of Old Orchard Beach. Appreciate an elevated ocean view right from your front steps and every time you walk or drive toward the beach! Bringing this home back to life would make a very nice residence or rental. Old Orchard Beach offers the excitement of summer with restaurants, activities and beautiful beaches with the tranquility of a quaint seaside town off season. Old Orchard Beach is not off the beaten path with surrounding towns offering shopping and dining as well as water parks and drive in theater. Be as busy or as relaxed as you like! For more info or to schedule a showing call The Mateja Group 207.553.2605 & visit FindMaineHomesNow.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Walk-Out Access, Full
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: OOBH-000315-000020-000001
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2721.0
  • Tax Block: 20
  • Tax Lot: 1
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Nov 16, 2018
Sold by
Charland Suzanne M
Bought by
Parker Colin P
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$299,000
Sold Price
$237,000
Premium/Discount to List
-$62,000
-20.74%
Current Estimated Value
$604,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,422
Avg. Annual Appreciation
14.14%
Original Mortgage
$177,750
Interest Rate
4.7%
Mortgage Type
Unknown
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
Parker Colin P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Parker Colin P $177,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2018 11/09/18 Sold $237,000 -20.7% $126 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $299,000 -- $160 / 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 $4,819 $442,900 $133,500 $309,400
2023 $4,419 $387,600 $121,800 $265,800
2022 $4,218 $344,600 $106,700 $237,900
2021 $4,132 $291,800 $91,800 $200,000
2020 $3,804 $246,700 $63,300 $183,400
2019 $3,988 $257,300 $63,300 $194,000
2018 $2,448 $211,000 $57,600 $153,400
2017 $2,925 $186,300 $48,500 $137,800
2016 $2,370 $153,300 $50,100 $103,200
2015 $2,327 $153,300 $50,100 $103,200
2014 $2,281 $153,300 $50,100 $103,200
2013 $2,116 $153,300 $50,100 $103,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1364098

Maine Listings

APN: OOBH-000315-000020-000001