** POTENTIAL FOR THIRD UNIT!!! So many opportunities to add value with current rents that are below market value AND easy third unit potential with proper egress window installation. Third unit kitchen and bathroom have already been installed for you!
Whether you are looking for a beachside retreat or an investment property, this 2 unit (with potential third) is your opportunity. Don't miss out on your chance to own a slice of paradise in charming Old Orchard Beach. Boasting two 2 bedroom, 1 bath units with well-designed layouts and an abundance of sunlight. The property offers an expansive yard ideal for outdoor gatherings, BBQ's and pure relaxation. The property also offers plenty of off-street parking to accommodate residents and guests alike. A mere 5 minute walk to beautiful Old Orchard beach where you can indulge in delicious food, incredible sunrises and sun-soaked days.
Closed
$565,000
20 Grove Avenue, Old Orchard Beach, ME 04064
4beds
2,947sqft
Multi Family
Built in 1940
-- sqft lot
$658,200 Zestimate®
$192/sqft
$2,200 Estimated rent
Home value
$658,200
$625,000 - $698,000
$2,200/mo
Zestimate® history
Owner options
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$2,200/mo
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$2,798/mo
Est. payment
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$2,798/mo
Est. payment
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List your homeWhat's special
Expansive yard
Zillow last checked:
Listing updated:
Listed by:
Dream Home Realty LLC
Bought with:
Dream Home Realty LLC
Source: Maine Listings,MLS#: 1561499
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water, Zoned
Cooling
- None
Features
- 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Pantry, Shower, Walk-In Closet(s)
- Flooring: Tile, Vinyl, Wood
- Windows: Double Pane Windows
- Basement: Doghouse,Interior Entry,Walk-Out Access,Finished,Full,Sump Pump
Interior area
- Total structure area: 2,947
- Total interior livable area: 2,947 sqft
- Finished area above ground: 2,024
- Finished area below ground: 923
Property
Parking
- Parking features: Gravel, 5 - 10 Spaces, On Site, Off Street
Features
- Stories: 2
- Patio & porch: Deck, Porch
- Has view: Yes
- View description: Scenic
- Body of water: Atlantic Ocean
Lot
- Size: 9,583 Square Feet
- Features: Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad, Level
Details
- Additional structures: Shed(s)
- Parcel number: OOBHM206B25L3
- Zoning: res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Green energy
- Energy efficient items: 90% Efficient Furnace
Community & HOA
Location
- Region: Old Orchard Beach
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $451,300
- Annual tax amount: $4,082
- Date on market: 6/8/2023
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2023 | Pending sale | $565,000$192/sqft |
Source:  Maine Listings #1561499 Report a problem | ||
| 9/6/2023 | Sold | $565,000$192/sqft |
Source: Maine Listings #1561499 Report a problem | ||
| 8/3/2023 | Contingent | $565,000$192/sqft |
Source: Maine Listings #1561499 Report a problem | ||
| 7/21/2023 | Price change | $565,000-8.8%$192/sqft |
Source: Maine Listings #1561499 Report a problem | ||
| 6/19/2023 | Price change | $619,500-4.7%$210/sqft |
Source: Maine Listings #1561499 Report a problem | ||
| 6/8/2023 | Listed for sale | $650,000+225.8%$221/sqft |
Source: Maine Listings #1561499 Report a problem | ||
| 3/30/2016 | Sold | $199,500+0.3%$68/sqft |
Source: Maine Listings #1246126 Report a problem | ||
| 2/26/2016 | Pending sale | $199,000$68/sqft |
Source: Keller Williams - Greater Portland #1246126 Report a problem | ||
| 1/8/2016 | Listed for sale | $199,000+145.7%$68/sqft |
Source: Keller Williams Realty #1246126 Report a problem | ||
| 9/21/2015 | Sold | $81,000+11.3%$27/sqft |
Source: Maine Listings #1228422 Report a problem | ||
| 7/16/2015 | Listed for sale | $72,800$25/sqft |
Source: Keller Williams Realty #1228422 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,910 +11.7% | $451,300 +17% |
| 2023 | $4,397 +7.7% | $385,700 +15.7% |
| 2022 | $4,082 +0.2% | $333,500 +15.9% |
| 2021 | $4,074 +1% | $287,700 +10% |
| 2020 | $4,032 -0.5% | $261,500 |
| 2019 | $4,053 +2.3% | $261,500 +1% |
| 2018 | $3,961 +20% | $258,900 +23.1% |
| 2017 | $3,302 +91.9% | $210,300 +88.9% |
| 2016 | $1,721 +1.8% | $111,300 |
| 2015 | $1,690 -51.3% | $111,300 -52.3% |
| 2014 | $3,469 +7.8% | $233,100 |
| 2013 | $3,217 -1.3% | $233,100 -3.9% |
| 2012 | $3,261 +2.6% | $242,600 -1.2% |
| 2009 | $3,177 | $245,500 |
| 2008 | $3,177 | $245,500 +10.4% |
| 2006 | -- | $222,400 |
Find assessor info on the county website
Neighborhood: 04064
Nearby homes
- $442,8244 bd1 ba1k sqft18 Grove Ave, Old Orchard Beach, ME 04064Off Market
- $287,2002 bd1 ba506 sqft22 Grove Ave, Old Orchard Beach, ME 04064Off Market
- $454,7002 bd2 ba1.4k sqft23 Cliff Ave, Old Orchard Beach, ME 04064Off Market
- $385,3003 bd1 ba981 sqft15 Cliff Ave, Old Orchard Beach, ME 04064Off Market
- $395,0003 bd1 ba1.2k sqft2 Cottage Ave, Old Orchard Beach, ME 04064Sold
- $457,5003 bd1 ba1.2k sqft14 Grove Ave, Old Orchard Beach, ME 04064Off Market
- $406,1003 bd1 ba1.4k sqft13 Cliff Ave, Old Orchard Beach, ME 04064Off Market
- $336,5004 bd1 ba815 sqft6 Ivy Ave, Old Orchard Beach, ME 04064Off Market
Nearby schools
GreatSchools rating
- 3/10Loranger Middle SchoolGrades: 3-8Distance: 0.6 mi
- 5/10Old Orchard Beach High SchoolGrades: 9-12Distance: 0.6 mi
- NAJameson Elementary SchoolGrades: PK-2Distance: 0.7 mi
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- Maine
- York County
- Old Orchard Beach
- 04064
- 20 Grove Avenue
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