N
Seller's Agent in 2022
Nancy Moreshead
The Real Estate Store
8 Washington Ave Old Orchard Beach, ME 04064
--
Bed
2
Baths
1,868
Sq Ft
2,614
Sq Ft Lot
Highlights
- Public Beach
- Wood Flooring
- Baseboard Heating
- Country Club
- No HOA
- Property is near a golf course
About This Home
As of December 2022Great Investment Opportunity! 2 unit in great location, 5 minute walk to beach, shops and restaurants. Property needs tlc and updating, but would be perfect for summer income producing rental. Open group showings only. First showing Tuesday 11/3 from 2 to 4 pm.
Last Agent to Sell the Property
Landing Real Estate Brokerage Phone: 6032052276 Listed on: 10/27/2015
Last Buyer's Agent
Landing Real Estate Brokerage Phone: 6032052276 Listed on: 10/27/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1889
Lot Details
- 2,614 Sq Ft Lot
- Public Beach
- Level Lot
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Clapboard
Interior Spaces
- 2 Full Bathrooms
- 1,868 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Carpet
- Laminate
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Location
- Property is near a golf course
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Wood
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Oil Water Heater
- Satellite Dish
Listing and Financial Details
- Tax Lot 48
- Assessor Parcel Number OOBH-000308-000004-000008
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Country Club
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
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
$363,549
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
12.75%
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
21.63%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $410,000 | None Available | |
| Warranty Deed | $410,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | Purchase Money Mortgage | |
| Closed | $200,000 | Purchase Money Mortgage | |
| Previous Owner | $328,000 | Purchase Money Mortgage | |
| Previous Owner | $128,000 | New Conventional | |
| Previous Owner | $20,000 | Unknown | |
| Previous Owner | $8,000 | Unknown | |
| Previous Owner | $16,000 | Unknown | |
| Previous Owner | $15,900 | Unknown | |
| Previous Owner | $15,691 | FHA |
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
-
K
Seller's Agent in 2015
Katie Kinney
Landing Real Estate
(603) 205-2276
70 Total Sales
Map
Source: Maine Listings
MLS Number: 1242399
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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