$445,000
SOLD JUN 7, 2021
2 Beds
2 Baths
1,196 Sq Ft
$454/mo HOA Fee

Recently Sold

$372 Per Sq Ft

9% Below List Price

19 Days on Market

Highlights

  • 194 Feet of Waterfront
  • Public Beach
  • Deck
  • Beach Access
  • 1.44 Acre Lot
  • 4-minute walk to Veterans Memorial Park

About This Home

As of September 2024

Well-appointed, turn-key 2 Bedroom/2 Full Bath condo at the Grand Victorian, Old Orchard Beach's premiere oceanfront condo community! Adjacent to the Pier and Town Square, this condo offers beautiful water views from its expansive balcony and direct access to 7 miles of sandy beaches! Large open concept kitchen with granite countertops is open to the living area - perfect for relaxing or entertaining. Access the balcony from the living room or bedroom and take in the ocean views and beach activity from your elevated 4th floor location on the courtyard side of the South Tower. For a change of scenery, venture out to enjoy the many restaurants, bars and shops nearby! Plantation shutters on all doors and windows let in light while offering privacy. Tasteful furnishings enhance the space and are included in the sale. Large closets throughout offer space for all your beach gear. Laundry conveniently located in-unit. On-site indoor pool, sauna and fitness center. Designated parking space. Pets allowed for owners. Weekly rentals permitted, with strong rental potential and on-site management available. Pick your weeks and cover your expenses by renting out others, or move in full-time for carefree living, in the heart of Old Orchard Beach!

Last Agent to Sell the Property

Julie Rosenthal

Portside Real Estate Group Listed on: 05/04/2021

Last Buyer's Agent

NON-MREIS AGENT

Non MREIS Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,931

Year Built

  • Built in 2006

Lot Details

  • 194 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Open Lot

HOA Fees

  • $454 Monthly HOA Fees

Property Views

  • Scenic Vista

Home Design

  • Victorian Architecture
  • Steel Frame
  • Shingle Roof

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Access to Tidal Water
  • Deep Water Access
  • Balcony
  • Deck

Location

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2-409 / 1
  • Assessor Parcel Number 1EastGrandAvenueOldOrchardBeach04064

Community Details

Overview

  • 51 Units
  • High-Rise Condominium
  • Grand Victorian Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,931

Year Built

Built in 2006

Lot Details

0

HOA Fees

$454 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.44
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: Grand Victorian
  • Directions: The Grand Victorian is the high-rise building adjacent to the Town Square and Pier in the heart of OOB. Park at the Grand Victorian in spot #40.
  • Above Grade Finished Sq Ft: 1196.0
  • Architectural Style: High Rise, Victorian
  • Garage Yn: No
  • Year Built: 2006
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.44
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1196.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: 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:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: 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: 454.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 51
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Cooling:Central Air: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 194.0
  • Water Info:Water Frontage Shared -: 194.0
  • Recreational Water:Waterfront Deep: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Amenities:Furniture Included: Yes
  • Construction:Steel Frame: Yes
  • Room Features:BalconyDeck17: Yes
  • Location:Near Railroad: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Amenities:Elevator Passenger: Yes
  • Recreational Water:Beach Rights: Yes
  • Transportation:Rail Available: Yes
  • Style:High Rise: Yes
  • Bedroom 1 Amenities:BalconyDeck: 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
  • Fireplace: No
  • Interior Amenities: Elevator Passenger, Furniture Included, 1st Floor Bedroom, One-Floor Living
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Railroad
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Composition, Steel Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • 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: 454.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 62726.4
  • Parcel #: 1EastGrandAvenueOldOrchardBeach04064
  • Zoning: CZ-1

Multi Family

  • Number Of Units In Community: 51

Tax Info

  • Tax Annual Amount: 4931.32
  • Tax Block: 1
  • Tax Book Number: 16615
  • Tax Lot: 2-409
  • Tax Map Number: 306
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Sep 20, 2024
Sold by
Dirusso Derek and Dirusso Jonathan
Bought by
Big Bear Oob Llc
Seller's Agent
Michael Morang
Plowman Realty Group
Buyer's Agent
Melissa Rioux
EXP Realty
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Views
90
Current Estimated Value
$665,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,003
Avg. Annual Appreciation
1.94%
Original Mortgage
$520,000
Outstanding Balance
$517,124
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$143,697

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 7, 2021
Sold by
Kuperstein Daniel and Kuperstein Lynne
Bought by
Dirusso Derek and Dirusso Jonathan
Seller's Agent
Julie Rosenthal
Portside Real Estate Group
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$489,900
Sold Price
$445,000
Premium/Discount to List
-$44,900
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%

Purchase Details

Listed on
Feb 1, 2013
Closed on
Jun 5, 2013
Sold by
Ferrante Rudolph M and Ferrante Kayla M
Bought by
Kuperstein Daniel and Kuperstein Lynne
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$429,900
Sold Price
$268,000
Premium/Discount to List
-$161,900
-37.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$214,400
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2008
Sold by
Ferrante Rudolph M
Bought by
Ferrante Rudolph M and Ferrante Kayla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2007
Sold by
Grand Victorian Llc
Bought by
Ferrante Rudolph M
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 $650,000 Stewart Title
Warranty Deed $650,000 Stewart Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $1,001 --
Warranty Deed $1,001 --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 Purchase Money Mortgage
Closed $520,000 Purchase Money Mortgage
Previous Owner $204,500 Unknown
Previous Owner $214,400 New Conventional
Previous Owner $80,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $650,000 -3.7% $543 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $675,000 0.0% $564 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $675,000 +51.7% $564 / Sq Ft
06/07/2021 06/07/21 Sold $445,000 -9.2% $372 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $489,900 +82.8% $410 / Sq Ft
06/04/2013 06/04/13 Sold $268,000 -37.7% $224 / Sq Ft
03/31/2013 03/31/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $429,900 -- $359 / 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 $5,602 $514,919 $94,319 $420,600
2023 $5,449 $478,019 $94,319 $383,700
2022 $4,937 $403,340 $85,540 $317,800
2021 $4,888 $345,180 $87,780 $257,400
2020 $4,931 $319,800 $77,600 $242,200
2019 $5,059 $326,400 $77,600 $248,800
2018 $4,890 $319,600 $77,600 $242,000
2017 $5,088 $324,100 $75,400 $248,700
2016 $4,984 $322,400 $73,700 $248,700
2015 $4,894 $322,400 $0 $0
2014 $4,797 $322,400 $73,700 $248,700
2013 -- $322,400 $73,700 $248,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1490210

Maine Listings

APN: OOBH-000306-000001-000002-000409