NOT LISTED FOR SALE

Estimated Value: $472,527 - $789,000

3 Beds
2 Baths
1,746 Sq Ft
$329/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $325,000 $186 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,366/month

21 Days on Market

Highlights

  • New Englander Architecture
  • Porch
  • Open Lot
  • No HOA
  • Baseboard Heating
  • Carpet

About This Home

As of September 2021

Very well kept 2 unit in the heart of OOB. Currently set up as a monthly rental with leases but would also make a great weekly rental in the summer. The first floor unit has a porch, 1 bedroom, one full bathroom and an open concept kitchen, living and dining area. The second floor unit has 2 bedrooms, a full bathroom and an open concept kitchen, living and dining area. Each unit pays its own electric, hot water and heat. Washer and Dryer hook ups in each unit. 2 new heating systems in 2014, new roof in 2020. Nice yard and shed. Great rental or owner occupied opportunity!

Last Agent to Sell the Property

Steven Chicoine

Keller Williams Realty Listed on: 07/08/2021

Keller Williams Realty

Last Buyer's Agent

Jessica Falcone

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,991

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Open Lot

Home Design

  • 1,746 Sq Ft Home
  • New Englander Architecture
  • Gambrel Roof
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Shingle Siding
  • Clapboard

Flooring

  • Carpet
  • Laminate

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • 2 Full Bathrooms
  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 15-8
  • Assessor Parcel Number 82OceanAvenueOldOrchardBeach04064

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,544
  • Gross Income $22,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,991

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Ocean Avenue to #82
  • Above Grade Finished Sq Ft: 1746.0
  • Architectural Style: Gambrel, New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1746.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 22020.0
  • Income Expenses Operating Expenses: 6544.0
  • Basement:Crawl Space: Yes
  • Style:Gambrel: Yes
  • Style:New Englander: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Partial, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Laminate, Carpet

Exterior Features

  • Lot Features: Open Lot, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Shingle Siding, Clapboard, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 3049.2
  • Parcel #: 82OceanAvenueOldOrchardBeach04064
  • Zoning: Res

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22020.0
  • Annual Operating Expense: 6544.0

Tax Info

  • Tax Annual Amount: 2991.0
  • Tax Book Number: 16449
  • Tax Lot: 15-8
  • Tax Map Number: 314
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 10, 2021
Sold by
Savarese Preston R
Bought by
Oconnell Caleb
Seller's Agent
Steven Chicoine
Keller Williams Realty
Buyer's Agent
Jessica Falcone
Legacy Properties Sotheby's International Realty
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Current Estimated Value
$574,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,132
Avg. Annual Appreciation
14.69%
Original Mortgage
$243,750
Outstanding Balance
$224,198
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$340,477

Purchase Details

Closed on
Oct 31, 2012
Sold by
Giroux Donna L
Bought by
Savarese Preston R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,200
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 2010
Sold by
Edelstein Jeffrey L
Bought by
Giroux Donna L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Oconnell Caleb -- None Available
Savarese Preston R -- --
Giroux Donna L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnell Caleb $243,750
Previous Owner Savarese Preston R $116,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $325,000 -7.1% $186 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $350,000 -- $200 / 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 $4,005 $368,100 $121,100 $247,000
2023 $3,680 $322,800 $110,000 $212,800
2022 $3,497 $285,700 $95,700 $190,000
2021 $3,394 $229,800 $78,600 $151,200
2020 $2,991 $194,000 $54,200 $139,800
2019 $3,007 $194,000 $54,200 $139,800
2018 $2,545 $180,200 $51,800 $128,400
2017 $2,539 $161,700 $44,700 $117,000
2016 $2,494 $161,300 $44,300 $117,000
2015 $2,449 $161,300 $44,300 $117,000
2014 $2,400 $161,300 $44,300 $117,000
2013 $2,226 $161,300 $44,300 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1499814

Maine Listings

APN: OOBH-000314-000015-000008