Seller's Agent in 2024
Nicholas Guerrette
RE/MAX
(207) 939-8519
2 in this area
135 Total Sales
1 Bay Ave Unit 28 Old Orchard Beach, ME 04064
Estimated Value: $522,000 - $595,000
2
Beds
1
Bath
824
Sq Ft
$425/mo
HOA Fee
Highlights
- 140 Feet of Waterfront
- Public Beach
- Property is near public transit
- Beach Access
- Deck
- Main Floor Bedroom
About This Home
As of June 2024Looking for the perfect waterfront vacation condo, year-round get away, or potential income property? This sun filled second floor, 1.5 bedroom, 1 bathroom unit offers a combination of convenience, simplicity, amenities and breathtaking views all in one. Imagine waking up in the morning to watch the early morning sunrise from your private oceanfront deck? Time for lunch? This building is just step from the sand and offers an unobstructed view of the beach and fenced in green space, perfect for outdoor activities and play dates with friends and family. After a long day in the sun there's nothing better than the convenience of an easy walk down the road to the restaurants, boutique shopping, and nightlife excitement.
Unlike many other condo's, this unit comes complete with 2 reserved parking spots, one of which is located in the covered garage, it's own washer and dryer units, an open concept layout, Central Vac, Rinnai Heater, Air Conditioning unit, household furnishings, and a ground level storage closet and bike rack for all your beach necessities. We welcome you to visit us at our open house this Saturday 5/18/24 from 11am-1pm. Offers will be presented when received and negotiated no earlier than Sunday 5/19/24.
Last Buyer's Agent
Barbara Perkins
The Maine Real Estate Network
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,699
Year Built
- Built in 1983
Lot Details
- 140 Feet of Waterfront
- Ocean Front
- Public Beach
- Fenced
- Landscaped
- Open Lot
HOA Fees
- $425 Monthly HOA Fees
Parking
- Subterranean Parking
- Driveway
- Reserved Parking
Property Views
- Water
- Scenic Vista
Home Design
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 824 Sq Ft Home
- Multi-Level Property
- Central Vacuum
- Furnished
- Double Pane Windows
- Living Room
- Loft
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Formica Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- 1 Full Bathroom
- Bathtub
Laundry
- Dryer
- Washer
Outdoor Features
- Beach Access
- Access to Tidal Water
- Deck
Location
- Property is near public transit
Utilities
- Air Conditioning
- Multiple cooling system units
- Space Heater
- Heating System Uses Propane
- Baseboard Heating
- Electric Water Heater
- Internet Available
Listing and Financial Details
- Legal Lot and Block 1-28 / 2
- Assessor Parcel Number OOBH-000313-000002-000001-000028
Community Details
Overview
- 18 Units
Amenities
- Community Storage Space
Pet Policy
- Pets Allowed
- Pet Restriction
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2024
Closed on
Jun 20, 2024
Sold by
Kahle Lisa A
Bought by
Baratta Kaitlin M and Baratta Elizabeth
Seller's Agent
Nicholas Guerrette
RE/MAX Shoreline
Buyer's Agent
Barbara Perkins
The Maine Real Estate Network
List Price
$550,000
Sold Price
$565,000
Premium/Discount to List
$15,000
2.73%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,603
Avg. Annual Appreciation
-0.69%
Original Mortgage
$265,000
Outstanding Balance
$262,125
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$298,272
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Baratta Kaitlin M | $565,000 | None Available | |
| Baratta Kaitlin M | $565,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baratta Kaitlin M | $265,000 | |
| Closed | Baratta Kaitlin M | $265,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2024 06/20/24 | Sold | $565,000 | +2.7% | $686 / Sq Ft |
| 05/21/2024 05/21/24 | Pending | -- | -- | -- |
| 05/14/2024 05/14/24 | For Sale | $550,000 | -- | $667 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,706 | $432,500 | $63,700 | $368,800 |
| 2023 | $4,699 | $412,200 | $61,000 | $351,200 |
| 2022 | $4,506 | $368,100 | $55,500 | $312,600 |
| 2021 | $4,356 | $307,600 | $51,700 | $255,900 |
| 2020 | $4,125 | $267,500 | $45,600 | $221,900 |
| 2019 | $4,063 | $262,100 | $45,600 | $216,500 |
| 2018 | $3,966 | $259,200 | $45,600 | $213,600 |
| 2017 | $4,011 | $255,500 | $44,300 | $211,200 |
| 2016 | $4,004 | $259,000 | $42,300 | $216,700 |
| 2015 | $3,932 | $259,000 | $42,300 | $216,700 |
| 2014 | $3,854 | $259,000 | $42,300 | $216,700 |
| 2013 | -- | $259,000 | $42,300 | $216,700 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Guerrette
-
B
Buyer's Agent in 2024
Barbara Perkins
The Maine Real Estate Network
-
Barbie Perkins
Buyer's Agent in 2024
Barbie Perkins
Real Broker
(207) 229-0751
2 in this area
21 Total Sales
Map
Source: Maine Listings
MLS Number: 1589455
APN: OOBH-000313-000002-000001-000028
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393
Nearby Homes
- 7 Bay Ave Unit 11
- 3 Bay Ave Unit 23
- 4 Union Ave
- 15 Bay Ave Unit 2
- 2 Union Ave
- 14 Union Ave
- 16 Union Ave
- 1 Ocean Ave
- 21 Union Ave Unit 1B
- 1 Seacliff Ave Unit 3D
- 9 Fern Ave
- 14 Fern Ave
- 18 Odena Ave
- 32 3rd St
- 5 4th Ave
- 17 Tunis Ave Unit 1
- 39 W Grand Ave Unit 410
- 39 W Grand Ave Unit 23
- 39 W Grand Ave Unit 250
- 146 W Grand Ave Unit 67
- 1 Bay Ave
- 1 Bay Ave Unit 9
- 1 Bay Ave Unit 8
- 1 Bay Ave Unit 7
- 1 Bay Ave Unit 6
- 1 Bay Ave Unit 5
- 1 Bay Ave Unit 4
- 1 Bay Ave Unit 3
- 1 Bay Ave Unit 29
- 1 Bay Ave Unit 27
- 1 Bay Ave Unit 26
- 1 Bay Ave Unit 25
- 1 Bay Ave Unit 24
- 1 Bay Ave Unit 23
- 1 Bay Ave Unit 22
- 1 Bay Ave Unit 21
- 1 Bay Ave Unit 2
- 1 Bay Ave
- 7 Bay Ave Unit 8
- 7 Bay Ave Unit 14