NOT LISTED FOR SALE

1 Cleaves St Unit 405 Old Orchard Beach, ME 04064

Estimated Value: $658,000 - $719,000

2 Beds
2 Baths
1,198 Sq Ft
$302/mo HOA Fee

Last Sold August 07, 2020

Last sale price $450,000 $376 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,433/month

18 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Public Beach
  • 0.93 Acre Lot
  • Beach Access
  • In Ground Pool
  • Deck

About This Home

As of August 2020

OCEANVIEWS on Best Maine Beach. South facing towards the famous pier. Beautifully updated with laminate flooring in living areas, kitchen wth stainless appliances, rich wood cabinets & granite counters. Master bedroom with private bath, new vanity & tile floor. Complex has indoor pool. Fully furnished, and most summer weeks already booked at $2300 a week. Great location close enough to walk to town, restaurants and all the OOB summer fun.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 06/11/2020

Last Buyer's Agent

Anthony Poulin

Meservier & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,225

Year Built

  • Built in 1985

Lot Details

  • 200 Feet of Waterfront
  • Ocean Front
  • Public Beach

HOA Fees

  • $302 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Steel Frame

Interior Spaces

  • 1,198 Sq Ft Home
  • Furnished
  • Double Pane Windows

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Tandem Parking
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Access to Tidal Water
  • Deep Water Access
  • Deck

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • 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-000305-000004-000001-000405

Community Details

Overview

  • 40 Units
  • High-Rise Condominium
  • Seawatch Subdivision

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,225

Year Built

Built in 1985

Lot Details

0

HOA Fees

$302 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.93
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Seawatch
  • Directions: East Grand Ave to Cleaves Street to Seawatch condominums
  • Above Grade Finished Sq Ft: 1198.0
  • Architectural Style: High Rise
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.93
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1198.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 302.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 40
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Shared -: 200.0
  • Recreational Water:Waterfront Deep: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Amenities:Furniture Included: Yes
  • Construction:Steel Frame: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Amenities:Elevator Passenger: Yes
  • Recreational Water:Beach Rights: Yes
  • Roof:Flat: Yes
  • Condominium:Total Units4: 40
  • Style:High Rise: Yes
  • Condominium:_pound_ of Buildings: 1
  • Condominium:VA Certification: No
  • Restrictions:Pet: Yes
  • Vehicle Storage:Tandem: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Restrictions:No Cats Allowed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Elevator Passenger, Furniture Included, Bathtub, One-Floor Living, Storage, Primary Bedroom w/Bath

Exterior Features

  • Lot Features: Level, Near Golf Course, Near Public Beach, Near Town, Near Railroad
  • Pool Features: In Ground
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Other, Steel Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Flat
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Common, Off Street, Tandem

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 302.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Cats Allowed, No Dogs Allowed, Other Restrictions, Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40510.8
  • Parcel #: OOBH-000305-000004-000001-000405
  • Zoning: DD-2

Multi Family

  • Number Of Units In Community: 40
  • Number Of Units Total: 40

Tax Info

  • Tax Annual Amount: 5225.0
  • Tax Block: 4
  • Tax Lot: 1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Aug 6, 2020
Sold by
Jaynes Kevin E and Jaynes Josephine
Bought by
Laliberte Lisa and Laliberte Mark
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Anthony Poulin
Meservier & Associates
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Current Estimated Value
$683,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,325
Avg. Annual Appreciation
8.31%
Original Mortgage
$360,000
Outstanding Balance
$319,935
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$363,390

Purchase Details

Listed on
Dec 20, 2016
Closed on
Apr 25, 2017
Sold by
Hunt Edward D
Bought by
Jaynes Kevin E and Jaynes Josephine
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$349,900
Sold Price
$337,500
Premium/Discount to List
-$12,400
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$270,000
Interest Rate
4.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Laliberte Lisa -- None Available
Jaynes Kevin E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laliberte Lisa $360,000
Previous Owner Jaynes Kevin E $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $450,000 -2.0% $376 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $459,000 +36.0% $383 / Sq Ft
04/24/2017 04/24/17 Sold $337,500 -3.5% $282 / Sq Ft View Prior Sale
03/28/2017 03/28/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $349,900 -- $292 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

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 $6,446 $592,500 $36,500 $556,000
2023 $6,443 $565,200 $35,700 $529,500
2022 $5,837 $476,900 $32,500 $444,400
2021 $5,551 $392,000 $32,500 $359,500
2020 $5,198 $337,100 $28,400 $308,700
2019 $5,225 $337,100 $28,400 $308,700
2018 $5,101 $333,400 $28,400 $305,000
2017 $5,222 $332,600 $27,600 $305,000
2016 $5,221 $337,700 $25,600 $312,100
2015 $5,126 $337,700 $25,600 $312,100
2014 $5,025 $337,700 $25,600 $312,100
2013 -- $337,700 $25,600 $312,100
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nancy Moreshead

    Best Maine Beach Properties

  • Anthony Poulin

    Buyer's Agent in 2020

    Anthony Poulin

    Meservier & Associates

    (207) 212-1746

    1 in this area

    276 Total Sales

    Anthony Poulin
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Map

Source: Maine Listings

MLS Number: 1455838

Maine Listings

APN: OOBH-000305-000004-000001-000405

Maine York County Old Orchard Beach 04064

1 Cleaves St Unit 405, Old Orchard Beach, ME

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