NOT LISTED FOR SALE

Grand Victorian 1 E Grand Ave Unit 401 Old Orchard Beach, ME 04064

Estimated Value: $652,000 - $769,000

2 Beds
2 Baths
1,243 Sq Ft
$445/mo HOA Fee

Last Sold September 02, 2016

Last sale price $320,000 $257 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $4,698/month

88 Days on Market

Highlights

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

About This Home

As of September 2016

Stunning 2 bedroom, 2 bath condo in Old Orchard Beach. Very high end finishes with granite counter tops, wood and tile throughout, a master bedroom suite which includes a custom master bath with shower and whirlpool tub. This condo has entrances from the master bedroom and living room to the long deck with dramatic 4th floor views of Old Orchard Beach and the Atlantic Ocean! The facility also boasts an indoor pool, fitness center and sauna. Weekly summer rentals to $2,800! Completely furnished!!

Last Agent to Sell the Property

Michael Morong

Bean Group Listed on: 03/05/2016

Last Buyer's Agent

Joe Rotondi

Century 21 First Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,048

Year Built

  • Built in 2006

Lot Details

  • 100 Feet of Waterfront
  • Ocean Front
  • Landscaped

HOA Fees

  • $445 Monthly HOA Fees

Home Design

  • 1,243 Sq Ft Home
  • Victorian Architecture
  • Steel Frame
  • Shingle Roof

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Location

  • Property is near public transit
  • City Lot

Utilities

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

Community Details

  • 51 Units
  • The Grand Victorian Subdivision

Listing and Financial Details

  • Tax Lot 1/2-401
  • Assessor Parcel Number 1eastgrandavenueoldorchardbeach04064

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,048

Year Built

Built in 2006

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: The Grand Victorian
  • Directions: The Grand Victorian is located directly in front of the World Famous Pier in the center of Old Orchard Beach!
  • Above Grade Finished Sq Ft: 1243.0
  • Architectural Style: Victorian
  • Year Built: 2006
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1243.0
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat System:Forced Air: 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
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 445.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 51
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Cooling:Central Air: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Water Info:Waterfront Amount -: 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

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher, Cooktop
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Landscaped, Intown, Near Shopping, 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, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: 445.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: 1eastgrandavenueoldorchardbeach04064
  • Zoning: CZ-1

Multi Family

  • Number Of Units In Community: 51

Tax Info

  • Tax Annual Amount: 5048.0
  • Tax Book Number: 15003
  • Tax Lot: 1/2-401
  • Tax Map Number: 306
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2016
Closed on
Sep 2, 2016
Sold by
Dubois Lynn I
Bought by
Hallett Robert G and Hallett Jenny L
Seller's Agent
Michael Morong
Bean Group
Buyer's Agent
Joe Rotondi
Century 21 First Realty
List Price
$340,000
Sold Price
$320,000
Premium/Discount to List
-$20,000
-5.88%
Current Estimated Value
$688,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,416
Avg. Annual Appreciation
8.65%
Original Mortgage
$170,000
Outstanding Balance
$137,701
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$536,450

Purchase Details

Closed on
Nov 6, 2006
Sold by
Grand Victorian Llc
Bought by
Dubois Lynn I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving
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
Hallett Robert G -- --
Dubois Lynn I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hallett Robert G $170,000
Previous Owner Dubois Lynn I $276,000
Previous Owner Dubois Lynn I $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2016 09/02/16 Sold $320,000 -5.9% $257 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
03/05/2016 03/05/16 For Sale $340,000 -- $274 / 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 $6,023 $553,619 $94,319 $459,300
2023 $5,855 $513,619 $94,319 $419,300
2022 $5,309 $433,740 $85,540 $348,200
2021 $5,242 $370,180 $87,780 $282,400
2020 $5,295 $343,400 $77,600 $265,800
2019 $5,430 $350,300 $77,600 $272,700
2018 $5,040 $329,400 $77,600 $251,800
2017 $5,247 $334,200 $75,400 $258,800
2016 $5,140 $332,500 $73,700 $258,800
2015 $5,047 $332,500 $0 $0
2014 $4,948 $332,500 $73,700 $258,800
2013 -- $332,500 $73,700 $258,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Morong

    Bean Group

  • J

    Buyer's Agent in 2016

    Joe Rotondi

    Century 21 First Realty

See All Agents

About Grand Victorian

Map

Source: Maine Listings

MLS Number: 1253226

Maine Listings

APN: OOBH-000306-000001-000002-000401

Maine York County Old Orchard Beach 04064

1 E Grand Ave Unit 401, Old Orchard Beach, ME

This home is located at 1 E Grand Ave Unit 401, Old Orchard Beach, ME 04064 since 05 March 2016 and is currently estimated at $688,416, approximately $553 per square foot. This property was built in 2006. 1 E Grand Ave Unit 401 is a home located in York County with nearby schools including Jameson Elementary School, Loranger Memorial School, and Old Orchard Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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