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  • $455,000

    8 Somerset Avenue, Old Orchard Beach, ME 04064

    3beds
    984sqft
    Single Family Residence
    Built in 1950
    6,534 Square Feet Lot
    $453,800 Zestimate®
    $462/sqft
    $2,966 Estimated rent

    Home value

    $453,800

    $431,000 - $476,000

    $2,966/mo

    Zestimate® history
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    What's special

    Are you looking for a vacation home, investment property, or just a place to call home?? This charming home is just what you are looking for. It is an ideal property for anyone seeking a great investment property it has the potential for weekly rentals during the summer months and monthly rentals in the off-season. The property features two bedrooms, with the possibility of a third, as it was previously listed as such. The upstairs includes a brand-new primary suite with a full bathroom and a large window that allows in plenty of natural light. Downstairs, you will find a kitchen, dining area, and living room, along with a front porch that is the perfect spot to relax and read a book. The back patio is great for entertaining. Additionally, there is a shed that offers ample storage for your gardening tools, beach chairs, or winter supplies, and a new fenced area, which is perfect for pets and children. To keep you cool on hot summer days, there are three new mini-splits installed downstairs. The home is located just a short walk from the beautiful 7-mile beach, schools, and the downtown area of Old Orchard Beach. It's also a short drive to the Dunegrass Country Club and all the amenities Old Orchard Beach.

    Zillow last checked:

    Listing updated:

    Listed by:

    Coldwell Banker Realty 207-282-5988

    Bought with:

    On Point Realty

    Source: Maine Listings,MLS#: 1664473MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom 2
    • Level: First
    Bedroom 2
    • Level: Second
    Kitchen
    • Features: Eat-in Kitchen
    • Level: First
    Living room
    • Level: First
    Office
    • Features: Built-in Features
    • Level: First
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Electric Range, Refrigerator
    Features
    • 1st Floor Bedroom, Storage, Primary Bedroom w/Bath
    • Flooring: Wood, Hardwood, Plank
    • Basement: Interior Entry,Full,Unfinished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 984
    • Total interior livable area: 984 sqft
    • Finished area above ground: 984
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved, 1 - 4 Spaces, On Site
    Features
    • Patio & porch: Patio, Porch
    Lot
    • Size: 6,534 Square Feet
    • Features: Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Corner Lot, Level, Open Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: OOBHM314B12L2
    • Zoning: R-2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 1950

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Old Orchard Beach

    Financial & listing details

    • Price per square foot: $462/sqft
    • Tax assessed value: $255,400
    • Annual tax amount: $2,779
    • Date on market: 6/3/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/20/2026Sold$455,000$462/sqft
    Source: Maine Listings #1664473 Report a problem
    6/27/2026Pending sale$455,000$462/sqft
    Source: Maine Listings #1664473 Report a problem
    6/25/2026Price change$455,000-4.6%$462/sqft
    Source: Maine Listings #1664473 Report a problem
    6/17/2026Price change$477,000-2.1%$485/sqft
    Source: Maine Listings #1664473 Report a problem
    6/9/2026Price change$487,000-2%$495/sqft
    Source: Maine Listings #1664473 Report a problem
    6/3/2026Listed for sale$497,000+32.5%$505/sqft
    Source: Maine Listings #1664473 Report a problem
    5/2/2023Sold$375,000+114.3%$381/sqft
    Source: Public Record Report a problem
    5/23/2016Sold$175,000$178/sqft
    Source: Maine Listings #1252931 Report a problem
    4/13/2016Pending sale$175,000$178/sqft
    Source: Keller Williams - Greater Portland #1252931 Report a problem
    4/5/2016Listed for sale$175,000$178/sqft
    Source: Keller Williams Realty #1252931 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,779 +9.8%$255,400 +15.1%
    2023$2,530 +8.9%$221,900 +16.9%
    2022$2,324 +1%$189,900 +16.9%
    2021$2,301 +0.6%$162,500 +9.5%
    2020$2,288 -0.5%$148,400
    2019$2,300 +1.9%$148,400 +0.6%
    2018$2,257 +12.1%$147,500 +15%
    2017$2,014 +2.5%$128,300 +0.9%
    2016$1,965 +1.9%$127,100
    2015$1,929 +2%$127,100
    2014$1,891 +7.8%$127,100
    2013$1,754 -2.6%$127,100 -5.1%
    2012$1,801 -0.1%$134,000 -3.8%
    2009$1,803 -0.8%$139,300 -0.8%
    2008$1,817 $140,400 +2.5%
    2006-- $137,000
    Find assessor info on the county website

    Neighborhood: 04064

    Nearby schools

    GreatSchools rating
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    $453,800
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    With Zillow Showcase(estimated)
    $462,876