NOT LISTED FOR SALE

1 Cleaves St Unit 605 Old Orchard Beach, ME 04064

Estimated Value: $658,000 - $697,000

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

Last Sold September 28, 2018

Last sale price $405,000 $338 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,454/month

57 Days on Market

Highlights

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

About This Home

As of September 2018

OCEANFRONT- Top floor, south facing condo with fabulous ocean views & lots of sun. Very spacious feel with high ceilings in the living room. Contemporary style with stainless appliances in kitchen, gray counters and white cabinets. New vanities in both baths, and brand new energy efficient hot water heater. Complex has indoor heated pool in atrium facing the ocean. Weekly rentals permitted and brings in $2200 a week in season. Great floor plan & at end of the hall for privacy. Being sold furnished and ready for rental or your summer fun. Seawatch is nicely sited away from the downtown but close enough to walk to all the summer fun.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 06/19/2018

Last Buyer's Agent

Julie Lemieux

Best Maine Beach Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,503

Year Built

  • Built in 1985

Lot Details

  • 200 Feet of Waterfront
  • Ocean Front
  • Public Beach

HOA Fees

  • $302 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,198 Sq Ft Home
  • Furnished
  • Scenic Vista Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

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 a golf course

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • High-Efficiency Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 4
  • Assessor Parcel Number OOBH-000305-000004-000001-000605

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

$5,503

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 condos on the beach
  • Above Grade Finished Sq Ft: 1198.0
  • Architectural Style: High Rise
  • Garage Yn: No
  • Efficiency: High Efficiency Water Heater
  • 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: No
  • 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: 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
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: 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
  • Recreational Water:Waterfront Deep: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Amenities:Furniture Included: Yes
  • Construction:Steel Frame: Yes
  • Amenities:Elevator Passenger: Yes
  • Recreational Water:Beach Rights: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Roof:Flat: Yes
  • Style:High Rise: Yes
  • Condominium:VA Certification: No
  • 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
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator Passenger, Furniture Included, Bathtub, Shower, Storage, Primary Bedroom w/Bath

Exterior Features

  • Lot Features: Level, Near Golf Course, Near Public Beach, Near Town
  • Pool Features: In Ground
  • View: Scenic
  • 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
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 302.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions, Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40510.8
  • Parcel #: OOBH-000305-000004-000001-000605
  • Zoning: DD-2

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 5503.0
  • Tax Block: 4
  • Tax Lot: 1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Oct 5, 2018
Sold by
Byrnes Thomas E and Byrnes Kathleen S
Bought by
Fernandes Luis C and Fernandes Christina C
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Julie Lemieux
Best Maine Beach Properties
List Price
$411,000
Sold Price
$405,000
Premium/Discount to List
-$6,000
-1.46%
Current Estimated Value
$685,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,247
Avg. Annual Appreciation
7.71%
Original Mortgage
$258,000
Outstanding Balance
$224,991
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$460,256
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
Fernandes Luis C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandes Luis C $258,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $405,000 -1.5% $338 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $411,000 -- $343 / 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 $6,785 $623,600 $36,500 $587,100
2023 $6,782 $594,900 $35,700 $559,200
2022 $6,157 $503,000 $32,500 $470,500
2021 $5,849 $413,100 $32,500 $380,600
2020 $5,479 $355,300 $28,400 $326,900
2019 $5,507 $355,300 $28,400 $326,900
2018 $5,375 $351,300 $28,400 $322,900
2017 $5,503 $350,500 $27,600 $322,900
2016 $5,504 $356,000 $25,600 $330,400
2015 $5,404 $356,000 $25,600 $330,400
2014 $5,297 $356,000 $25,600 $330,400
2013 -- $356,000 $25,600 $330,400
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nancy Moreshead

    Best Maine Beach Properties

  • J

    Buyer's Agent in 2018

    Julie Lemieux

    Best Maine Beach Properties

See All Agents

Map

Source: Maine Listings

MLS Number: 1356069

Maine Listings

APN: OOBH-000305-000004-000001-000605

Maine York County Old Orchard Beach 04064

1 Cleaves St Unit 605, Old Orchard Beach, ME

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