55 Ocean Ave
Old Orchard Beach, ME 04064
2 bd 1 ba 624 sqft Built 1950 Lot 4,517 sqft single_family
Most recent sale
$451,250
May 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 5, 2024 | Sold | $412,500 | Public Record |
| Oct 6, 2024 | Relisted | $449,900 | MaineListings |
| Sep 11, 2024 | Listed | $449,900 | MaineListings |
| May 19, 2022 | Sold | $451,250 | Public Record |
| Apr 25, 2022 | Relisted | $339,900 | MaineListings |
| Apr 14, 2022 | Listed | $339,900 | MaineListings |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $124,800 | $130,000 | $254,800 | $2,772 |
| 2023 | $100,500 | $118,200 | $218,700 | $2,493 |
| 2022 | $93,400 | $102,800 | $196,200 | $2,401 |
| 2021 | $66,700 | $87,000 | $153,700 | $2,176 |
| 2020 | $72,300 | $60,000 | $132,300 | $2,040 |
| 2019 | $203,100 | $84,100 | $287,200 | $4,452 |
| 2018 | $195,100 | $80,300 | $275,400 | $4,214 |
| 2017 | $185,000 | $50,600 | $235,600 | $3,699 |
| 2016 | $185,000 | $50,700 | $235,700 | $3,644 |
| 2015 | $185,000 | $50,700 | $235,700 | $3,578 |
| 2014 | $185,000 | $50,700 | $235,700 | $3,507 |
| 2012 | $189,100 | $53,100 | $242,200 | $3,245 |
| 2009 | $191,100 | $53,100 | $244,200 | $3,159 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
624 sqft
Lot size
4,517 sqft
ZIP code
04064
City
Old Orchard Beach
Street
Ocean Ave
Coordinates
43.50949, -70.38529
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,708
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 55 Ocean Ave last sell?
55 Ocean Ave most recently sold on May 19, 2022 for $451,250.
What is the current tax assessment for 55 Ocean Ave?
The most recent total assessment for 55 Ocean Ave (year 2024) is $254,800 with $2,772 in property tax.
How does 55 Ocean Ave's assessment compare to its last sale price?
The current assessment is 43.5% below the last sale price of $451,250.
When was 55 Ocean Ave built?
55 Ocean Ave was built in 1950.
How does 55 Ocean Ave compare to others on Ocean Ave?
We track 8 other properties on Ocean Ave. Browse the list under "Other properties on Ocean Ave" to compare beds, baths, and sale history.
What are the property facts for 55 Ocean Ave?
55 Ocean Ave is a 2 bed, 1 bath, 624 sqft, 4,517 sqft lot single_family.
Is 55 Ocean Ave a flip candidate?
No — 55 Ocean Ave does not appear in our flips dataset.
Is 55 Ocean Ave a tax-appeal candidate?
No — 55 Ocean Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.8%
Implied 1-yr
-15.0%
2026 Q3
$383.3K
2026 Q4
$364.2K
ZIP 04064 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ocean Ave