Seller's Agent in 2024
Nancy Moreshead
The Real Estate Store
(207) 329-3545
112 in this area
122 Total Sales
1 Cleaves St Unit 307 Old Orchard Beach, ME 04064
Estimated Value: $621,000 - $691,000
2
Beds
2
Baths
1,043
Sq Ft
$417/mo
HOA Fee
Highlights
- 200 Feet of Waterfront
- Public Beach
- 0.93 Acre Lot
- Beach Access
- In Ground Pool
- Deck
About This Home
As of November 2024BEST MAINE BEACH is right out front and views to the famous pier. Lots of updates to the 2 bedroom condo on the beach. Vinyl flooring in living areas, new bedroom carpeting, updated guest bath & new light fixtures. Indoor pool in atrium overlooking the sea. Complex allows weekly rentals and good income source. South facing with very low utility bills. Being sold mostly furnished so ready for summer fun or rental & current rates $2800 weekly in season
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,409
Year Built
- Built in 1985
Lot Details
- 200 Feet of Waterfront
- Ocean Front
- Public Beach
HOA Fees
- $417 Monthly HOA Fees
Property Views
- Water
- Scenic Vista
Home Design
- Flat Roof Shape
- Slab Foundation
- Steel Frame
Interior Spaces
- 1,043 Sq Ft Home
- Furnished
- Ceiling Fan
- Double Pane Windows
- Living Room
- Dining Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Formica Countertops
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- 2 Full Bathrooms
- Bathtub
- Shower Only
Laundry
- Dryer
- Washer
Parking
- Common or Shared Parking
- Tandem Parking
- Shared Driveway
- Reserved Parking
Outdoor Features
- In Ground Pool
- Beach Access
- Access to Tidal Water
- Deep Water Access
- Deck
Location
- Property is near a golf course
Utilities
- No Cooling
- Baseboard Heating
- Natural Gas Not Available
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1 / 4
- Assessor Parcel Number OOBH-000305-000004-000001-000307
Community Details
Overview
- 40 Units
- High-Rise Condominium
- Seawatch Subdivision
Amenities
- Elevator
- Community Storage Space
Pet Policy
- Pets Allowed with Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2024
Closed on
Nov 8, 2024
Sold by
Gibson James J and Gibson Tara R
Bought by
Perkins Jay and Perkins Francine
Seller's Agent
Nancy Moreshead
The Real Estate Store
Buyer's Agent
John Murphy
The Real Estate Store
List Price
$725,000
Sold Price
$662,500
Premium/Discount to List
-$62,500
-8.62%
Views
83
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
$1,676
Avg. Annual Appreciation
0.24%
Purchase Details
Listed on
Jun 11, 2021
Closed on
Jul 19, 2021
Sold by
Listaite Irt and Berge
Bought by
Gibson James J and Gibson Tara R
Seller's Agent
Peggy Perkins
Lamacchia Realty
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$429,900
Sold Price
$500,000
Premium/Discount to List
$70,100
16.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
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 |
|---|---|---|---|
| Perkins Jay | -- | None Available | |
| Perkins Jay | -- | None Available | |
| Gibson James J | -- | None Available | |
| Gibson James J | -- | None Available | |
| Gibson James J | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/08/2024 11/08/24 | Sold | $662,500 | -5.2% | $635 / Sq Ft | |
| 09/18/2024 09/18/24 | Pending | -- | -- | -- | |
| 07/25/2024 07/25/24 | Price Changed | $699,000 | -1.5% | $670 / Sq Ft | |
| 06/04/2024 06/04/24 | Price Changed | $710,000 | -2.1% | $681 / Sq Ft | |
| 04/03/2024 04/03/24 | For Sale | $725,000 | +45.0% | $695 / Sq Ft | |
| 07/23/2021 07/23/21 | Sold | $500,000 | +16.3% | $479 / Sq Ft | View Prior Sale |
| 06/15/2021 06/15/21 | Pending | -- | -- | -- | |
| 06/05/2021 06/05/21 | For Sale | $429,900 | -- | $412 / 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 | $6,412 | $589,300 | $36,500 | $552,800 |
| 2023 | $6,409 | $562,200 | $35,700 | $526,500 |
| 2022 | $5,810 | $474,700 | $32,500 | $442,200 |
| 2021 | $5,525 | $390,200 | $32,500 | $357,700 |
| 2020 | $5,008 | $324,800 | $28,400 | $296,400 |
| 2019 | $5,034 | $324,800 | $28,400 | $296,400 |
| 2018 | $4,985 | $321,500 | $28,400 | $293,100 |
| 2017 | $5,035 | $320,700 | $27,600 | $293,100 |
| 2016 | $5,032 | $325,500 | $25,600 | $299,900 |
| 2015 | $4,941 | $325,500 | $25,600 | $299,900 |
| 2014 | $4,843 | $325,500 | $25,600 | $299,900 |
| 2013 | -- | $325,500 | $25,600 | $299,900 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Moreshead
-
John Murphy
J
Seller Co-Listing Agent in 2024
John Murphy
The Real Estate Store
(207) 883-4327
43 in this area
90 Total Sales
-
Peggy Perkins
Seller's Agent in 2021
Peggy Perkins
Lamacchia Realty
(617) 501-8977
2 in this area
69 Total Sales
Map
Source: Maine Listings
MLS Number: 1585556
APN: OOBH-000305-000004-000001-000307
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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.
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