NOT LISTED FOR SALE

1 Cleaves St Unit 508 Old Orchard Beach, ME 04064

Estimated Value: $677,000 - $818,000

2 Beds
2 Baths
1,189 Sq Ft
$273/mo HOA Fee

Last Sold May 29, 2013

Last sale price $351,000 $295 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,667/month

23 Days on Market

Highlights

  • 200 Feet of Waterfront
  • In Ground Pool
  • Deck
  • Beach Access
  • 0.93 Acre Lot
  • Property is near public transit

About This Home

As of May 2013

Prime direct oceanfront with decks off living area & master bedroom - you can see the whole beach. Marble floors in bath & Corian & granite vanity tops. Indoor pool & weekly rentals permitted.

Last Agent to Sell the Property

Nancy Moreshead

The Real Estate Store Listed on: 04/02/2013

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,915

Year Built

  • Built in 1986

Lot Details

  • 200 Feet of Waterfront
  • Ocean Front

HOA Fees

  • $273 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,189 Sq Ft Home
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 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

Listing and Financial Details

  • Legal Lot and Block 1 / 4
  • Assessor Parcel Number 1Cleaves Street508OldOrcha30541

Community Details

Overview

  • 40 Units
  • High-Rise Condominium
  • Seawatch Subdivision

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,915

Year Built

Built in 1986

Lot Details

0

HOA Fees

$273 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: From OOB Pier take East Grand Ave. 0.3mi to Cleaves St. on Right. Last complex on Right - Seawatch.
  • Above Grade Finished Sq Ft: 1189.0
  • Architectural Style: High Rise
  • Efficiency: Double Pane Windows
  • Year Built: 1986
  • 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: 1189.0
  • 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
  • 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: 273.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 40
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Recreational Water:Waterfront Deep: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Property Information:Deed Restrictions: Unknown
  • Energy Efficiency:Double Pane Windows: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Construction:Steel Frame: Yes
  • Washer/Dryer Other Location: 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:Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator Passenger, Storage, Primary Bedroom w/Bath
  • Dining Room Dining Room Level: Upper
  • Kitchen Kitchen Level: Upper
  • Living Room Living Room Level: Upper
  • Primary Bedroom Primary Bedroom Level: Upper
  • Bedroom 1:Bedroom 1 Level: Upper

Exterior Features

  • Lot Features: Other, Near Public Transit
  • Pool Features: In Ground
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Stucco, Steel Frame
  • Foundation Details: Concrete Perimeter, 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
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 273.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40510.8
  • Parcel #: 1Cleaves Street508OldOrcha30541
  • Zoning: DD2

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 4915.0
  • Tax Block: 4
  • Tax Lot: 1
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2016
Sold by
Quinci Nicolino S and Aiello Tina M
Bought by
Mooradian Mark E and Mooradian Katherine A
Current Estimated Value
$727,975

Purchase Details

Listed on
Apr 2, 2013
Closed on
May 23, 2013
Sold by
Braden John L
Bought by
Aiello Tina M and Quinci Nicolino S
Seller's Agent
Nancy Moreshead
The Real Estate Store
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$399,900
Sold Price
$351,000
Premium/Discount to List
-$48,900
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Source: Public Records

Range of Values:

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Average Value
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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
Mooradian Mark E -- --
Aiello Tina M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2013 05/29/13 Sold $351,000 -12.2% $295 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $399,900 -- $336 / 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 $7,001 $643,500 $36,500 $607,000
2023 $6,997 $613,800 $35,700 $578,100
2022 $6,342 $518,100 $32,500 $485,600
2021 $6,024 $425,400 $32,500 $392,900
2020 $5,456 $353,800 $28,400 $325,400
2019 $5,484 $353,800 $28,400 $325,400
2018 $5,358 $350,200 $28,400 $321,800
2017 $5,486 $349,400 $27,600 $321,800
2016 $5,485 $354,800 $25,600 $329,200
2015 $5,386 $354,800 $25,600 $329,200
2014 $5,279 $354,800 $25,600 $329,200
2013 -- $354,800 $25,600 $329,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1085520

Maine Listings

APN: OOBH-000305-000004-000001-000508