NOT LISTED FOR SALE

Estimated Value: $848,136 - $872,000

3 Beds
2 Baths
1,648 Sq Ft
$807/mo HOA Fee

Last Sold December 02, 2016

Last sale price $525,000 $319 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,316/month

120 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Victorian Architecture
  • Landscaped
  • Wood Flooring
  • Granite Countertops
  • 4-minute walk to Veterans Memorial Park

About This Home

As of December 2016

Enjoy stunning views from this direct oceanfront 3 bedroom/2 bath condo. The Grand Victorian is the best complex in Old Orchard Beach and this unit showcases the splendor of this facility! Set up to sleep 10, this unit is traditionally sold out at over $4,000 per week during the summer season. Guests can enjoy the amenities of an indoor pool, fitness center and sauna. It also has two large decks to enjoy panoramic views of one of the world's best beaches. Attractively priced at $579K. Furniture conveys.

Last Agent to Sell the Property

Michael Morong

Bean Group Listed on: 06/27/2016

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 2007

Lot Details

  • 100 Feet of Waterfront
  • Ocean Front
  • Landscaped

HOA Fees

  • $807 Monthly HOA Fees

Property Views

  • Scenic Vista

Home Design

  • 1,648 Sq Ft Home
  • Victorian Architecture
  • Steel Frame
  • Shingle Roof

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 1-02404
  • Assessor Parcel Number 1eastgrandavenueoldorchardbeach04064

Community Details

Overview

  • 51 Units
  • The Grand Victorian Subdivision

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,500

Year Built

Built in 2007

Lot Details

0

HOA Fees

$807 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 in the heart of Old Orchard Beach, directly in front of the world famous pier!
  • Above Grade Finished Sq Ft: 1648.0
  • Architectural Style: Victorian
  • Year Built: 2007
  • 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: 1648.0
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: 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
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 807.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 51
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Cooling:Central Air: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Heat Fuel:Gas Bottled: Yes
  • View:Scenic: Yes
  • Construction:Steel Frame: Yes
  • Restrictions:Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Lot Features: Landscaped, Intown
  • View: Scenic
  • 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, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 807.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions, Yes

Lot Info

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

Multi Family

  • Number Of Units In Community: 51

Tax Info

  • Tax Annual Amount: 7500.0
  • Tax Book Number: 15036
  • Tax Lot: 1-02404
  • Tax Map Number: 306
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2016
Closed on
Dec 6, 2016
Sold by
Spellman David S and Spellman Paula K
Bought by
Indeglia Alfred R and Indeglia Leonor B
Seller's Agent
Michael Morong
Bean Group
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$579,000
Sold Price
$525,000
Premium/Discount to List
-$54,000
-9.33%
Current Estimated Value
$861,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,950
Avg. Annual Appreciation
5.50%
Source: Public Records

Range of Values:

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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
Indeglia Alfred R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spellman Pornpimon K $396,265
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $525,000 -9.3% $319 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $579,000 -- $351 / 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 $8,974 $824,819 $94,319 $730,500
2023 $8,672 $760,719 $94,319 $666,400
2022 $7,851 $641,440 $85,540 $555,900
2021 $8,133 $574,380 $87,780 $486,600
2020 $8,254 $535,300 $77,600 $457,700
2019 $8,430 $543,900 $77,600 $466,300
2018 $7,485 $489,200 $77,600 $411,600
2017 $7,784 $495,800 $75,400 $420,400
2016 $7,639 $494,100 $73,700 $420,400
2015 $7,500 $494,100 $0 $0
2014 $7,352 $494,100 $73,700 $420,400
2013 $6,819 $494,100 $73,700 $420,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1271385

Maine Listings

APN: OOBH-000306-000001-000002-000404