$688,000
SOLD JAN 31, 2025
5 Beds
4 Baths
2,880 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

2% Above List Price

67 Days on Market

Highlights

  • Hot Water Heating System
  • Level Lot
  • 1-Story Property

About This Home

As of January 2025

Welcome to this beautifully renovated multi-family! Within walking distance to Old Orchard Beach Pier. Make this your primary and rent one of the units OR turn this property into rental for all the tourists that come to OOB OR live in one and kids / parents in the other. The possibilities are endless. Many updates have been completed and this property is truly turn-key. The primary unit is a 3 bedroom ranch with sun room off the rear and full finished basement. The basement has large family room, bar, den or office and 3/4 bath. The rear addition is a 2 story apartment with 2-3 bedrooms and 2-1/2 baths. There have been several renovations done in 2007 as well as additions being added 2016-2017. The backyard is fenced in with bar, outdoor seating, storage shed, walkways and areas for gardening. There is also two separate parking areas so you don't have to shuffle cars around. Come make Old Orchard Beach Home! You'll love it and everything it has to offer. Especially its' close proximity to the beach.

Last Agent to Sell the Property

Adam Ragoschke

Keller Williams Realty Metro-Concord Listed on: 10/04/2024

Keller Williams Realty Metro-Concord

Last Buyer's Agent

A non PrimeMLS member

A Non PrimeMLS Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,157

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 1-Story Property
  • Finished Basement
  • Interior Basement Entry

Utilities

  • Hot Water Heating System
  • Internet Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 2 / 7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,157

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Assessment Amount: 452400
  • Assessment Year: 2023
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 238.89
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2880
  • Sq Ft - Apx Total Finished: 2880
  • Year Built: 1950
  • Remarks Public: Welcome to this beautifully renovated multi-family! Within walking distance to Old Orchard Beach Pier. Make this your primary and rent one of the units OR turn this property into rental for all the tourists that come to OOB OR live in one and kids / parents in the other. The possibilities are endless. Many updates have been completed and this property is truly turn-key. The primary unit is a 3 bedroom ranch with sun room off the rear and full finished basement. The basement has large family room, bar, den or office and 3/4 bath. The rear addition is a 2 story apartment with 2-3 bedrooms and 2-1/2 baths. There have been several renovations done in 2007 as well as additions being added 2016-2017. The backyard is fenced in with bar, outdoor seating, storage shed, walkways and areas for gardening. There is also two separate parking areas so you don't have to shuffle cars around. Come make Old Orchard Beach Home! You'll love it and everything it has to offer. Especially its' close proximity to the beach.
  • List Agent: 288631
  • Display On Internet: Internet - Cable
  • Architectural Style: Ranch
  • ResoLotFeatures: Level
  • Road Frontage Type: Paved
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Finished
  • Sq Ft - Apx Finished AG: 1828
  • Sq Ft - Apx Finished BG: 1052

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roof: Shingle - Asphalt
  • Construction Type: Vinyl Siding

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heating: Propane, Oil, Hot Water
  • Utilities: Cable
  • Water Source: Public

Lot Info

  • Map: 206
  • Lot: 2
  • Lot Sq Ft: 6534
  • Lot Acres: 0.15
  • Surveyed: Unknown
  • Zoning: R-2
  • Deed Book: 19287
  • Deed Page: 559
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 4
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5157
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Jan 31, 2025
Sold by
Jose Peter A and Jose Tryce M
Bought by
Conde Noemia and Bahouna Reeshman
Seller's Agent
Adam Ragoschke
Keller Williams Realty Metro-Concord
Buyer's Agent
A non PrimeMLS member
A Non PrimeMLS Agency
List Price
$674,900
Sold Price
$688,000
Premium/Discount to List
$13,100
1.94%
Views
189
Current Estimated Value
$681,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,397
Avg. Annual Appreciation
-1.57%
Original Mortgage
$675,538
Outstanding Balance
$671,978
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$9,625

Purchase Details

Closed on
Aug 4, 2023
Sold by
Uwitonze Francine and Karonji Claudien
Bought by
Jose Peter A and Jose Tryce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jul 16, 2021
Sold by
Lindquist Mark L
Bought by
Uwitonze Francine and Karonji Claudien
Seller's Agent
Nancy Moreshead
The Real Estate Store
Buyer's Agent
Daniel Meuse
Keller Williams Realty
List Price
$425,000
Sold Price
$431,500
Premium/Discount to List
$6,500
1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%
Original Mortgage
$423,381
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2018
Sold by
Mark L Lindquist
Bought by
Brown Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
4.46%

Purchase Details

Closed on
Oct 2, 2007
Sold by
Emmons Phyllis M
Bought by
Lindquist Mark L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,227
Interest Rate
6.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $688,000 None Available
Warranty Deed $688,000 None Available
Warranty Deed $600,000 None Available
Warranty Deed $600,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,538 FHA
Closed $675,538 FHA
Previous Owner $480,000 Purchase Money Mortgage
Previous Owner $423,381 FHA
Previous Owner $15,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $173,227 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $688,000 +0.4% $239 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
10/04/2024 10/04/24 Price Changed $685,000 +1.5% $238 / Sq Ft
10/04/2024 10/04/24 For Sale $674,900 +56.4% $234 / Sq Ft
07/16/2021 07/16/21 Sold $431,500 +1.5% $150 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $425,000 -- $148 / Sq Ft
Source: PrimeMLS

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 $5,758 $529,236 $151,936 $377,300
2023 $5,157 $452,400 $128,000 $324,400
2022 $5,522 $451,130 $99,330 $351,800
2021 $5,115 $361,236 $86,336 $274,900
2020 $4,487 $316,000 $62,500 $253,500
2019 $4,898 $316,000 $62,500 $253,500
2018 $3,570 $305,500 $62,500 $243,000
2017 $3,839 $244,500 $52,700 $191,800
2016 $3,418 $221,100 $54,200 $166,900
2015 $3,356 $221,100 $54,200 $166,900
2014 $3,092 $207,800 $54,200 $153,600
2013 $2,799 $202,800 $54,200 $148,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5017408

PrimeMLS

APN: OOBH-000206-000007-000002