NOT LISTED FOR SALE

1 Cleaves St Unit 504 Old Orchard Beach, ME 04064

Estimated Value: $658,000 - $740,000

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

Last Sold September 01, 2016

Last sale price $337,500 $282 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,451/month

592 Days on Market

Highlights

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

About This Home

As of September 2016

Oceanfront condo with views to Pine Point, watch the sunrise over the sea. Hardwood floors in living area, newer appliances. Fifth floor location with great views and cooling sea breeze in the summer. Indoor heated swimming pool in atrium with new decking. Condo comes furnished and is ready for summer rental, weekly rentals permitted at Seawatch and very popular building with a great location where you can walk to everything.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 07/27/2015

Last Buyer's Agent

Mary Desjardin

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,126

Year Built

  • Built in 1985

Lot Details

  • 196 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Landscaped

HOA Fees

  • $302 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Steel Frame
  • Stucco

Interior Spaces

  • 1,198 Sq Ft Home
  • Furnished
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared 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

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-000305-000004-000001-000504

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

$5,126

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 Condominium.
  • Above Grade Finished Sq Ft: 1198.0
  • Architectural Style: High Rise
  • 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
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: 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:Rental Allowed: Yes
  • Condominium:Units in Building: 40
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 196.0
  • Recreational Water:Waterfront Deep: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Amenities:Furniture Included: Yes
  • Construction:Steel Frame: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Recreational Water:Beach Rights: Yes
  • Roof:Flat: Yes
  • Style:High Rise: Yes
  • Exterior:Stucco: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Restrictions:No Cats Allowed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator Passenger, Furniture Included, Storage, Primary Bedroom w/Bath

Exterior Features

  • Lot Features: Level, Landscaped, Near Public Beach, Near Town, Near Public Transit
  • Pool Features: In Ground
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Stucco, 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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40510.8
  • Parcel #: OOBH-000305-000004-000001-000504
  • Zoning: DD-2

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 5126.0
  • Tax Block: 4
  • Tax Lot: 1
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
504 Seawatch Llc
Bought by
Edwards Rachel L
Current Estimated Value
$686,647
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Edwards Rachel L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2016 09/01/16 Sold $337,500 -11.2% $282 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
12/27/2014 12/27/14 For Sale $379,900 -- $317 / 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 $4,660 $337,700 $25,600 $312,100
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Maine Listings

MLS Number: 1200601

Maine Listings

APN: OOBH-000305-000004-000001-000504