NOT LISTED FOR SALE

Grand Victorian 1 E Grand Ave Unit 512 Old Orchard Beach, ME 04064

Estimated Value: $388,000 - $583,000

2 Beds
1 Bath
1,104 Sq Ft
$541/mo HOA Fee

Last Sold September 16, 2019

Last sale price $279,000 $253 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,853/month

8 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Country Club
  • 1.44 Acre Lot
  • Public Beach
  • In Ground Pool
  • 4-minute walk to Veterans Memorial Park

About This Home

As of September 2019

Seller has priced this to move fast! Don't miss this opportunity to own a turn key spacious 2 bedroom, 1 bath condo at the renowned beachfront Grand Victorian Hotel. This condo is fully furnished and features, balcony, all appliances, granite countertops, built in oven and microwave, glass cooktop, washer & dryer and central AC. The Grand Victorian has an indoor heated pool and fitness room. You are just steps to the beach, shopping, restaurants & entertainment. This condo has excellent rental history, rates are $2900 per week during summer and rents for $1600 per month all winter. Condo is rented until December 31, 2019, buyer will have to honor rental.

Last Agent to Sell the Property

Melissa Remington

Charlene's Coastal Properties Listed on: 07/28/2019

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,518

Year Built

  • Built in 2006

Lot Details

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

HOA Fees

  • $541 Monthly HOA Fees

Home Design

  • Victorian Architecture
  • Steel Frame
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Granite Countertops
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Site Parking

Accessible Home Design

  • Halls are 48 inches wide or more
  • Doors are 36 inches wide or more

Outdoor Features

  • In Ground Pool
  • 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
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2-512
  • Assessor Parcel Number OOBH-000306-000001-000002-000512

Community Details

Overview

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

Amenities

  • Elevator

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,518

Year Built

Built in 2006

Lot Details

0

HOA Fees

$541 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 Homeowners Association
  • Directions: The Grand Victorian is located in the heart of downtown Old Orchard Beach, directly in front of the World Famous Pier. Entrance is off from East Grand Avenue.
  • Above Grade Finished Sq Ft: 1104.0
  • Architectural Style: High Rise, Shingle Style, Victorian
  • Garage Yn: No
  • Year Built: 2006
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.44
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1104.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 541.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 51
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Cooling:Central Air: Yes
  • Floors:Laminate: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Shared -: 100.0
  • Parking:Off Site: Yes
  • Location:Near Country Club: Yes
  • Amenities:Furniture Included: Yes
  • Construction:Steel Frame: Yes
  • Accessibilitiy Amenities:_four_8 Inch Halls: Yes
  • Location:Near Railroad: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Style:Shingle Style: Yes
  • Amenities:Elevator Passenger: Yes
  • Style:High Rise: Yes
  • Accessibilitiy Amenities:_three_6 Inch Doors: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Accessibility Features: 36+ Inch Doors, 48+ Inch Halls
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Elevator Passenger, Furniture Included, Bathtub, One-Floor Living, Pantry

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Railroad
  • Pool Features: In Ground
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Concrete, Steel Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common, Off Site, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Fire System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 541.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 62726.4
  • Parcel #: OOBH-000306-000001-000002-000512
  • Zoning: CZ-1

Multi Family

  • Number Of Units In Community: 51

Tax Info

  • Tax Annual Amount: 4518.0
  • Tax Book Number: 15238
  • Tax Lot: 2-512
  • Tax Map Number: 306
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2019
Closed on
Sep 16, 2019
Sold by
Grand Victorian Llc
Bought by
Boyle Kevin M
Seller's Agent
Melissa Remington
Charlene's Coastal Properties
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$279,000
Sold Price
$279,000
Current Estimated Value
$530,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,878
Avg. Annual Appreciation
11.38%
Original Mortgage
$208,500
Outstanding Balance
$184,962
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$344,894
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
Boyle Kevin M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyle Kevin M $208,500
Previous Owner Grand Victorian Llc $1,572,282
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $279,000 0.0% $253 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
07/28/2019 07/28/19 For Sale $279,000 -- $253 / 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 $5,025 $461,819 $94,319 $367,500
2023 $4,900 $429,819 $94,319 $335,500
2022 $4,446 $363,240 $85,540 $277,700
2021 $4,428 $312,680 $87,780 $224,900
2020 $4,458 $289,100 $77,600 $211,500
2019 $4,577 $295,300 $77,600 $217,700
2018 $4,518 $295,300 $77,600 $217,700
2017 $4,702 $299,500 $75,400 $224,100
2016 $4,604 $297,800 $73,700 $224,100
2015 $4,521 $297,800 $0 $0
2014 $4,431 $297,800 $73,700 $224,100
2013 -- $297,800 $73,700 $224,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Melissa Remington

    Charlene's Coastal Properties

    (207) 937-8084

    4 in this area

    9 Total Sales

    Melissa Remington
    Section Image
  • Nancy Moreshead

    Buyer's Agent in 2019

    Nancy Moreshead

    The Real Estate Store

    (207) 329-3545

    110 in this area

    120 Total Sales

    Nancy Moreshead
    Section Image
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About Grand Victorian

Map

Source: Maine Listings

MLS Number: 1426777

Maine Listings

APN: OOBH-000306-000001-000002-000512

Maine York County Old Orchard Beach 04064

1 E Grand Ave Unit 512, Old Orchard Beach, ME

This home is located at 1 E Grand Ave Unit 512, Old Orchard Beach, ME 04064 since 28 July 2019 and is currently estimated at $530,878, approximately $480 per square foot. This property was built in 2006. 1 E Grand Ave Unit 512 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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