NOT LISTED FOR SALE

93 Union Ave Old Orchard Beach, ME 04064

Estimated Value: $632,000 - $971,000

5 Beds
3 Baths
2,501 Sq Ft
$289/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $525,000 $210 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,241/month

8 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • Corner Lot
  • Public Beach
  • Wood Flooring
  • No HOA

About This Home

As of August 2022

This solid three unit has had many updates over the past few years. Located less than a half mile to the beach and just steps from the Seaside Pavilion, this would make a great owner occupied or investor owned building.
Both the first and second floor units have 2 bedrooms and 1 bath plus a smaller bonus room ideal for possible office space. The third floor unit has 1 BR and 1 bath and is tenant occupied at this time. Newer roofing, sprinkler system, updated electrical including all smoke/CO2 alarms, some replacement windows and doors too. Well maintained.

Last Agent to Sell the Property

Katherine Hooper

Bean Group Listed on: 07/27/2022

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,922

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Public Beach
  • Corner Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,501 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Fire Sprinkler System
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Dirt Floor

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Porch

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Legal Lot and Block 4 / 15
  • Assessor Parcel Number OOBH-000314-000015-000004

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $12,685
  • Gross Income $55,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,922

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Saco Ave, take Union Ave towards water. Property is on the corner of Central Ave and Union Ave. Unit #1 entry off Central Ave.
  • Above Grade Finished Sq Ft: 2501.0
  • Architectural Style: Colonial, New Englander
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2501.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 55800.0
  • Income Expenses Operating Expenses: 12685.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Basement:Sump Pump: Yes
  • Roof:Membrane: Yes
  • Style:New Englander: Yes
  • Misc Amenities Sprinkler: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Dirt Floor, Full, Sump Pump, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Bathtub
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Near Golf Course, Near Public Beach, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Membrane, Metal, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Security: Sprinkler
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, 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: 2178.0
  • Parcel #: OOBH-000314-000015-000004
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 55800.0
  • Annual Operating Expense: 12685.0

Tax Info

  • Tax Annual Amount: 3922.0
  • Tax Block: 15
  • Tax Book Number: 3915
  • Tax Lot: 4
  • Tax Map Number: 314
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 31, 2022
Sold by
Bolling Donna L and Bolling Peter A
Bought by
93 Union Llc
Seller's Agent
Katherine Hooper
Bean Group
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$721,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,625
Avg. Annual Appreciation
8.72%
Original Mortgage
$420,000
Outstanding Balance
$404,305
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,731
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 Buyer Sale Price Title Company
93 Union Llc $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 93 Union Llc $420,000
Previous Owner Bolling Donna L $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $525,000 0.0% $210 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $525,000 -- $210 / 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 $5,164 $474,600 $115,200 $359,400
2023 $4,756 $417,200 $104,800 $312,400
2022 $4,416 $360,800 $91,100 $269,700
2021 $3,922 $277,000 $73,200 $203,800
2020 $3,826 $248,100 $50,500 $197,600
2019 $3,846 $248,100 $50,500 $197,600
2018 $3,515 $235,300 $45,900 $189,400
2017 $3,573 $227,600 $40,000 $187,600
2016 $3,499 $226,300 $38,700 $187,600
2015 $3,435 $226,300 $38,700 $187,600
2014 $3,367 $226,300 $38,700 $187,600
2013 $3,123 $226,300 $38,700 $187,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Katherine Hooper

    Bean Group

  • Nancy Moreshead

    Buyer's Agent in 2022

    Nancy Moreshead

    The Real Estate Store

    (207) 329-3545

    113 in this area

    123 Total Sales

    Nancy Moreshead
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Map

Source: Maine Listings

MLS Number: 1537458

Maine Listings

APN: OOBH-000314-000015-000004

Maine York County Old Orchard Beach 04064

93 Union Ave, Old Orchard Beach, ME

This home is located at 93 Union Ave, Old Orchard Beach, ME 04064 since 27 July 2022 and is currently estimated at $721,625, approximately $288 per square foot. This property was built in 1900. 93 Union Ave is a home located in York County with nearby schools including Jameson Elementary School, Loranger Memorial School, and Old Orchard Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings 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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