NOT LISTED FOR SALE

Grand Victorian 1 E Grand Ave Unit 501 Old Orchard Beach, ME 04064

Estimated Value: $610,000 - $712,000

2 Beds
2 Baths
1,072 Sq Ft
$320/mo HOA Fee

Last Sold December 06, 2013

Last sale price $273,000 $255 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $4,306/month

42 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • Victorian Architecture
  • In Ground Pool
  • Wood Flooring
  • 4-minute walk to Veterans Memorial Park

About This Home

As of December 2013

Beautiful top floor unit at the desirable oceanfront Grand Victorian. Unit comes completely furnished and applianced. Use it for yourself or rent. Summer rentals are $2500 per week. Great rental history!! Priced below assessment!!!

Last Agent to Sell the Property

Michael Morong

Bean Group Listed on: 09/12/2013

Last Buyer's Agent

Troy Wilkins

Legacy Properties Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,724

Year Built

  • Built in 2006

Lot Details

  • 100 Feet of Waterfront
  • Ocean Front
  • Landscaped
  • Sprinkler System

HOA Fees

  • $320 Monthly HOA Fees

Home Design

  • Victorian Architecture
  • Steel Frame
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,072 Sq Ft Home
  • Furnished

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • City Lot

Listing and Financial Details

  • Tax Lot 2501
  • Assessor Parcel Number 1East Grand Avenue501OldOrcha3062501

Community Details

Overview

  • 51 Units
  • Grand Victorian Subdivision
  • The community has rules related to deed restrictions

Additional Features

  • Service Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,724

Year Built

Built in 2006

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Grand Victorian
  • Directions: The Grand Victorian is directly in front of the World Famous Pier in the heart of Old Orchard Beach.
  • Above Grade Finished Sq Ft: 1072.0
  • Architectural Style: Victorian
  • Year Built: 2006
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:SqFt Finished Above Grade: 1072.0
  • 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:Disposal: 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
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 320.0
  • 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
  • Roof:Pitched: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Amenities:Furniture Included: Yes
  • Accessibilitiy Amenities:ElevatorChair Lift: Yes
  • Construction:Steel Frame: Yes
  • Amenities:Elevator Passenger: Yes
  • Misc Amenities Sprinkler: Yes
  • Amenities:Elevator Freight: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Accessibility Features: Elevator/Chair Lift
  • Has Basement: None
  • Total Bedrooms: 2
  • Interior Amenities: Elevator Passenger, Furniture Included, Elevator Freight, Other, Primary Bedroom w/Bath

Exterior Features

  • Lot Features: Corner Lot, Landscaped, Intown, Near Shopping
  • Pool Features: In Ground
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Composition, Steel Frame
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Security: Sprinkler, Fire System
  • 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: 320.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: 1East Grand Avenue501OldOrcha3062501
  • Zoning: CZ-1

Multi Family

  • Number Of Units In Community: 51

Tax Info

  • Tax Annual Amount: 4724.0
  • Tax Book Number: 15003
  • Tax Lot: 2501
  • Tax Map Number: 306
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2013
Closed on
Dec 9, 2013
Sold by
Bonville Sharon L
Bought by
Bettencourt Robert J and Bettencourt Jennifer
Seller's Agent
Michael Morong
Bean Group
Buyer's Agent
Troy Wilkins
Legacy Properties Sotheby's International Realty
List Price
$289,000
Sold Price
$273,000
Premium/Discount to List
-$16,000
-5.54%
Current Estimated Value
$637,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,972
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Nov 7, 2006
Sold by
Grand Victorian Llc
Bought by
Bonville Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
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
Bettencourt Robert J -- --
Bonville Sharon L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonville Sharon L $251,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2013 12/06/13 Sold $273,000 -5.5% $255 / Sq Ft
10/26/2013 10/26/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $289,000 -- $270 / 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 $5,558 $510,819 $94,319 $416,500
2023 $5,411 $474,619 $94,319 $380,300
2022 $4,910 $401,140 $85,540 $315,600
2021 $4,862 $343,380 $87,780 $255,600
2020 $4,904 $318,000 $77,600 $240,400
2019 $5,027 $324,300 $77,600 $246,700
2018 $4,769 $311,700 $77,600 $234,100
2017 $4,963 $316,100 $75,400 $240,700
2016 $4,861 $314,400 $73,700 $240,700
2015 $4,773 $314,400 $0 $0
2014 $4,678 $314,400 $73,700 $240,700
2013 -- $314,400 $73,700 $240,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Morong

    Bean Group

  • T

    Buyer's Agent in 2013

    Troy Wilkins

    Legacy Properties Sotheby's International Realty

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About Grand Victorian

Map

Source: Maine Listings

MLS Number: 1110021

Maine Listings

APN: OOBH-000306-000001-000002-000501

Maine York County Old Orchard Beach 04064

1 E Grand Ave Unit 501, Old Orchard Beach, ME

This home is located at 1 E Grand Ave Unit 501, Old Orchard Beach, ME 04064 since 12 September 2013 and is currently estimated at $640,278, approximately $597 per square foot. This property was built in 2006. 1 E Grand Ave Unit 501 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.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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