$440,000
SOLD AUG 24, 2020
2 Beds
2 Baths
1,248 Sq Ft
$425/mo HOA Fee

Recently Sold

$353 Per Sq Ft

2% Below List Price

19 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Property is near public transit
  • Victorian Architecture
  • Public Beach
  • Wood Flooring
  • 4-minute walk to Veterans Memorial Park

About This Home

As of November 2024

Beautiful 2 bedroom - 2 bath condo at Old Orchard's premiere destination, The Grand Victorian! This well cared for unit, being sold by its original owner, is well appointed throughout! Granite countertops, high end flooring, large closets, spacious kitchen, and comes completely furnished! It also boast a private 40 foot deck! If you choose to rent, summer rental weeks bring in $3,000+ per week! The facility offers an indoor swimming pool, a fitness center and a sauna....and of course the Atlantic Ocean is your front yard! Very seldom will a unit on the amusement park side at The Grand Victorian come on the market. When it does, it goes very quickly! This is a great time to invest in your future!!! By proceeding with scheduling a showing, you are attesting the buyer's representative and buyers are not exhibiting any cold/flu like symptoms and have no knowledge of exposure with any person whom has tested positive for COVID-19 within the last 14 days.

Last Agent to Sell the Property

Michael Morong

Bean Group Listed on: 07/11/2020

Last Buyer's Agent

Michael Morong

Coldwell Banker Simpson Associates, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,680

Year Built

  • Built in 2006

Lot Details

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

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Victorian Architecture
  • Steel Frame
  • Shingle Roof

Interior Spaces

  • 1,248 Sq Ft Home

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Location

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 51 Units

Listing and Financial Details

  • Tax Lot 1-02208
  • Assessor Parcel Number 1EastGrandAvenueOldOrchardBeach04064

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,680

Year Built

Built in 2006

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Directions: Located directly in front of the World Famous Pier!
  • Above Grade Finished Sq Ft: 1248.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Year Built: 2006
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1248.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 425.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 51
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Cooling:Central Air: Yes
  • Location:Near Public Beach: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Shared -: 100.0
  • Heat Fuel:Gas Bottled: Yes
  • Construction:Steel Frame: Yes
  • Location:Near Railroad: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No

Exterior Features

  • Lot Features: Landscaped, Intown, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Railroad
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Composition, Steel Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 425.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: 1EastGrandAvenueOldOrchardBeach04064
  • Zoning: CZ-1

Multi Family

  • Number Of Units In Community: 51

Tax Info

  • Tax Annual Amount: 5680.0
  • Tax Book Number: 17137
  • Tax Lot: 1-02208
  • Tax Map Number: 306
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Nov 15, 2024
Sold by
Dirusso Tara M and Dirusso Derek P
Bought by
Tyler J & K M Benson Lt and Benson
Seller's Agent
Michael Morang
Plowman Realty Group
Buyer's Agent
Cindy Chamberland
Landing Real Estate
List Price
$780,000
Sold Price
$780,000
Current Estimated Value
$757,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,614
Avg. Annual Appreciation
-1.49%
Original Mortgage
$401,000
Outstanding Balance
$399,103
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$371,730

Purchase Details

Listed on
Jul 11, 2020
Closed on
Aug 24, 2020
Sold by
Nestor Brian T
Bought by
Dirusso Derek P and Dirusso Tara M
Seller's Agent
Michael Morong
Bean Group
Buyer's Agent
Michael Morong
Coldwell Banker Simpson Associates, REALTORS
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.49%

Purchase Details

Closed on
Nov 18, 2015
Sold by
Brikim Llc
Bought by
Nestor Brian T
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $780,000 None Available
Warranty Deed $780,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Not Resolvable -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $401,000 Purchase Money Mortgage
Closed $401,000 Purchase Money Mortgage
Previous Owner $150,000 Unknown
Previous Owner $150,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 For Sale $780,000 0.0% $625 / Sq Ft
11/15/2024 11/15/24 Sold $780,000 +77.3% $625 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
08/24/2020 08/24/20 Sold $440,000 -2.0% $353 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $449,000 -- $360 / 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 $6,732 $618,719 $94,319 $524,400
2023 $6,516 $571,619 $94,319 $477,300
2022 $5,903 $482,240 $85,540 $396,700
2021 $5,793 $409,080 $87,780 $321,300
2020 $5,857 $379,800 $77,600 $302,200
2019 $5,989 $386,400 $77,600 $308,800
2018 $5,428 $354,800 $77,600 $277,200
2017 $5,639 $359,200 $75,400 $283,800
2016 $5,527 $357,500 $73,700 $283,800
2015 $5,427 $357,500 $0 $0
2014 $5,320 $357,500 $73,700 $283,800
2013 $4,934 $357,500 $73,700 $283,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1459983

Maine Listings

APN: OOBH-000306-000001-000002-000208