Closed

$450,000

51 Atlantic Avenue, Old Orchard Beach, ME 04064

3beds

1,281sqft

Multi Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$351/sqft

$2,568 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,568/mo

Zestimate^® history

Owner options

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$2,229/mo

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$2,229/mo

Est. payment

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What's special

Classic decorOpen studio layoutHalf bathGalley kitchenOpen kitchenWrap-around front porch

!Welcome to your new summer cottage! You can enjoy Vacationland inside and out; the classic décor meets a wrap-around front porch, just 1/4 mile down the street to the ocean. There are two buildings on one lot. With a robust rental history this property also offers investment and value-add potential. In the primary 790 SqFt primary cottage: on the first floor has hardwood and tile flooring with an open kitchen, living, dining and half bath & on the second floor there are two bedrooms and a full bath. In the 491 SqFt unfinished accessory cottage: There is an open studio layout with galley kitchen & ¾ bath. The loft in the cottage is on the town tax card as 190 SqFt but is not advertised as part of the living space. For additional value, you could improve the main house to be four-season & the auxiliary cottage is a project ready to be finished! The property can be sold fully furnished. Showings start at the open house Sunday 9/3 2-5pm

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

None

Cooling

Wall/Window Unit(s)

Features

Shower, Storage
Flooring: Laminate, Vinyl, Wood
Basement: Exterior Entry,Walk-Out Access,Daylight,Full
Furnished: Yes

Interior area

Total structure area: 1,281
Total interior livable area: 1,281 sqft
Finished area above ground: 1,281
Finished area below ground: 0

Property

Parking

Parking features: Gravel, 1 - 4 Spaces, Off Street

Features

Patio & porch: Deck
Body of water: Atlantic Ocean

Lot

Size: 6,534 sqft
Features: City Lot, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Open Lot, Sidewalks

Details

Parcel number: OOBHM312B11L9
Zoning: R2
Other equipment: Internet Access Available

Construction

Type & style

Home type: MultiFamily
Architectural style: Cottage,New Englander
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Roof: Shingle

Condition

Year built: 1920

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & neighborhood

Location

Region: Old Orchard Beach

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
10/4/2023	Listing removed	--
Source: Maine Listings #1570425 Report a problem
10/4/2023	Pending sale	$375,000-16.7%$293/sqft
Source: Maine Listings #1570625 Report a problem
10/2/2023	Sold	$450,000+20%$351/sqft
Source: Maine Listings #1570625 Report a problem
9/8/2023	Contingent	$375,000$293/sqft
Source: Maine Listings #1570625 Report a problem
8/31/2023	Listed for sale	$375,000+66.7%$293/sqft
Source: Maine Listings #1570625 Report a problem
8/7/2020	Sold	$225,000$176/sqft
Source: Maine Listings #1448362 Report a problem
6/29/2020	Pending sale	$225,000$176/sqft
Source: Keller Williams Realty #1448362 Report a problem
6/2/2020	Price change	$225,000-9.3%$176/sqft
Source: Keller Williams Realty #1448362 Report a problem
3/28/2020	Listed for sale	$248,000$194/sqft
Source: Keller Williams Realty #1448360 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,739 +11.8%	$343,618 +17.1%
2023	$3,345 +3%	$293,391 +10.6%
2022	$3,248 +18.9%	$265,340 +37.6%
2021	$2,731 -0.8%	$192,895 +8.1%
2020	$2,752 +4.5%	$178,500 +5.1%
2019	$2,633 +1.7%	$169,900 +0.4%
2018	$2,590 +12.1%	$169,300 +15%
2017	$2,311 +0.5%	$147,200 -1.1%
2016	$2,300 +1.8%	$148,800
2015	$2,259 +2%	$148,800
2014	$2,214 +7.8%	$148,800
2013	$2,053 +1.8%	$148,800 -0.8%
2012	$2,016 +2.2%	$150,000 -1.6%
2009	$1,973 -0.5%	$152,500 -0.5%
2008	$1,982	$153,200 +12.3%
2006	--	$136,400