N
Seller's Agent in 2022
Nancy Moreshead
The Real Estate Store
8 Washington Ave Old Orchard Beach, ME 04064
Estimated Value: $441,000 - $667,000
4
Beds
2
Baths
1,882
Sq Ft
$295/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- Property is near public transit
- Porch
- Public Beach
- No HOA
- Double Pane Windows
About This Home
As of December 2022BEST MAINE BEACH is walking distance from this renovated duplex. Spacious units with high ceilings and lots of light. Each unit has 2 bedrooms, eat in kitchen and their own laundry. Heating system new in 2022, roof replaced, kitchens updated, move in ready for you or your new tenants.
Close enough to beach to allow summer weekly or Air bnb rentals. Plenty of off street parking, deck yard area.
Last Listed By
Nancy Moreshead
The Real Estate Store Brokerage Phone: 207-329-3545 Listed on: 11/11/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,878
Year Built
- Built in 1889
Lot Details
- 2,614 Sq Ft Lot
- Public Beach
- Level Lot
Parking
- Gravel Driveway
Home Design
- Duplex
- Flat Roof Shape
- Concrete Foundation
- Block Foundation
- Wood Frame Construction
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,882 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Laundry on main level
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Bathtub
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Nearby Water Access
- Porch
Location
- Property is near public transit
- Property is near a golf course
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 8 / 4
- Assessor Parcel Number OOBH-000308-000004-000008
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $9,898
- Gross Income $40,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 10, 2024
Sold by
Bakman Alexander and Bakman-Eneeva Elena
Bought by
8Washington Llc
Total Days on Market
39
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$197,945
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$356,866
Purchase Details
Listed on
Nov 11, 2022
Closed on
Dec 21, 2022
Sold by
Paulsen Pamela J
Bought by
Bakman Alexander and Bakman-Eneeva Elena
Seller's Agent
Nancy Moreshead
The Real Estate Store
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$398,000
Sold Price
$410,000
Premium/Discount to List
$12,000
3.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.55%
Original Mortgage
$328,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 4, 2017
Sold by
Golarz Pamela J and Golarz Pamela
Bought by
Golarz Pamela J and Golarz Jeffrey C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 27, 2015
Closed on
Dec 18, 2015
Sold by
Gagne Andrew J
Bought by
Golarz Pamela
Seller's Agent
Katie Kinney
Landing Real Estate
Buyer's Agent
Katie Kinney
Landing Real Estate
List Price
$150,000
Sold Price
$85,000
Premium/Discount to List
-$65,000
-43.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.11%
Purchase Details
Closed on
Jun 16, 2010
Sold by
Gagne Andrew J
Bought by
Remillard Jo A G and Gagne Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,691
Interest Rate
4.98%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 8Washington Llc | -- | None Available | |
| 8Washington Llc | -- | None Available | |
| Bakman Alexander | $410,000 | None Available | |
| Bakman Alexander | $410,000 | None Available | |
| Golarz Pamela J | -- | -- | |
| Golarz Pamela J | -- | -- | |
| Golarz Pamela | -- | -- | |
| Golarz Pamela | -- | -- | |
| Remillard Jo A G | -- | -- | |
| Remillard Jo A G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 8Washington Llc | $200,000 | |
| Closed | 8Washington Llc | $200,000 | |
| Previous Owner | Bakman Alexander | $328,000 | |
| Previous Owner | Golarz Pamela J | $128,000 | |
| Previous Owner | Gagne Andrew J | $20,000 | |
| Previous Owner | Gagne Andrew J | $8,000 | |
| Previous Owner | Gagne Andrew J | $16,000 | |
| Previous Owner | Gagne Andrew J | $15,900 | |
| Previous Owner | Remillard Jo A G | $15,691 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2022 12/21/22 | Sold | $410,000 | +3.0% | $218 / Sq Ft |
| 11/11/2022 11/11/22 | For Sale | $398,000 | +368.2% | $211 / Sq Ft |
| 12/17/2015 12/17/15 | Sold | $85,000 | -43.3% | $46 / Sq Ft |
| 11/09/2015 11/09/15 | Pending | -- | -- | -- |
| 10/27/2015 10/27/15 | For Sale | $150,000 | -- | $80 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,839 | $444,800 | $110,900 | $333,900 |
| 2023 | $4,313 | $378,300 | $92,800 | $285,500 |
| 2022 | $3,989 | $325,900 | $71,000 | $254,900 |
| 2021 | $3,878 | $273,900 | $57,700 | $216,200 |
| 2020 | $3,855 | $250,000 | $50,100 | $199,900 |
| 2019 | $3,875 | $250,000 | $50,100 | $199,900 |
| 2018 | $3,576 | $233,700 | $50,100 | $183,600 |
| 2017 | $2,311 | $147,200 | $43,600 | $103,600 |
| 2016 | $2,562 | $165,700 | $42,500 | $123,200 |
| 2015 | $2,515 | $165,700 | $42,500 | $123,200 |
| 2014 | $2,466 | $165,700 | $42,500 | $123,200 |
| 2013 | $2,287 | $165,700 | $42,500 | $123,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Seller Co-Listing Agent in 2022
Nancy Chaves
The Real Estate Store
-
Katie Kinney
K
Seller's Agent in 2015
Katie Kinney
Landing Real Estate
(603) 205-2276
69 Total Sales
Map
Source: Maine Listings
MLS Number: 1548030
APN: OOBH-000308-000004-000008
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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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