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73 Ocean Avenue

73 Ocean Avenue, Old Orchard Beach, ME 04064
Multifamily in Old Orchard Beach
73 Ocean Avenue in Old Orchard Beach, ME was first built in 1886 and is 138 years old. Although, the building on the property was most recently renovated and altered in 2004. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 73 Ocean Avenue has 2,273 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,400 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 73 Ocean Avenue was last sold in Dec 9, 2020 for $409,100. According to our calculations, that's $179.98 per sqft. Current property owners are expected to pay $5,066 in taxes per year. The property on 73 Ocean Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $413,900. To break that down further, the land itself was valued at $115,600. While improvements to the property were assessed at a total of $298,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201010
10/10/2020
Studio
-
-
$365,000
bedrooms
Studio
bathrooms
-
$409,100 +12.08%
12/10/2020
Melissa Lunt

Building Info

Overview

    General

  • Year Built: 1886
  • Effective Year Built: 2004
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,871
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,400
  • Total Building Area: 2,273
  • Gross Building Area: 4,713
  • Building Area: 2,273
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,273
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD ORCHARD BEACH ASSOCIATION
  • Land Acres: 0.331
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : CLAIR MICHAEL S
  • Previous Owner : HOLMES JOANNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Regional School Unit 23
  • School Tax School District: RSU 23
  • Census Tract: 006106

Zoning

  • Zoning: R-2

Geography

  • Parcel: OOBH M:315 B:11 L:2
  • Block: 11
  • Lot: 2
  • Municipality: OLD ORCHARD BEACH
  • Latitude: 43.51
  • Longitude: -70.3863

    Address

  • Full Address: 73 Ocean Ave
  • Address - House Number: 73
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: ME
  • City Name: Old Orchard Beach
  • Carrier Code: C008
  • 4-Digit Zip Code: 2409
  • Zip Code: 04064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,066

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 71
  • Final Value: 589,682
  • High Value: 712,871
  • Low Value: 466,493

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $377,250
  • First Open Lien Mortgage Lender: BANGOR SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Dec 10, 2020
  • First Open Lien Mortgage Loan Amount: $327,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: BANGOR SAVINGS BANK
  • Second Open Lien Mortgage Recording Date: Jan 21, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2047

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $413,900
  • Assessed Land Value: $115,600
  • Assessed Improvements Value: $298,300

    Sales

  • Current Sale Contract Date: Dec 09, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Transaction ID: 11807806126
  • Current Sale Price: $409,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020063855

    Last Sale Mortgage

  • First Mortgage Lender: BANGOR SAVINGS BANK
  • First Mortgage Transaction Date: Dec 10, 2020
  • First Mortgage Loan Amount: $327,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Old Orchard Beach



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Frequently Asked Questions

What neighborhood is 73 Ocean Avenue located in?
The 73 Ocean Avenue is a multifamily located in the neighborhood of Old Orchard Beach in Old Orchard Beach, Old Orchard Beach.
What is the average sales price for listings in 73 Ocean Avenue?
The average sales price for units in 73 Ocean Avenue is $365,000 currently.

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