NOT LISTED FOR SALE

1 Ocean Ave Unit 206 Old Orchard Beach, ME 04064

Estimated Value: $507,680 - $535,000

2 Beds
1.5 Baths
984 Sq Ft
$375/mo HOA Fee

Last Sold November 08, 2019

Last sale price $285,000 $290 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,513/month

64 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Public Beach
  • Elevator
  • Beach Access
  • 0.48 Acre Lot
  • Double Pane Windows

About This Home

As of November 2019

OCEAN VIEWS- The Breakers condos near Ocean Park on quiet section of the beach. Spacious living area with high ceilings & sliders to deck that has beach views. Lots of recent improvements, carpeting, light fixtures, vanities, heaters, and ceilings & paint. Huge master bedroom with private bath. Owners may have pets.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 07/12/2019

Last Buyer's Agent

Robert Magazu

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 1987

Lot Details

  • 70 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Landscaped
  • Sprinkler System

HOA Fees

  • $375 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 984 Sq Ft Home
  • Double Pane Windows

Kitchen

  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Home Security

Parking

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Beach Access
  • Property is near a golf course

Listing and Financial Details

  • No Rentals Allowed
  • Tax Lot 1
  • Assessor Parcel Number OOBH-000316-000009-000001-000206

Community Details

Overview

  • 18 Units
  • The Breaker Subdivision

Amenities

  • Elevator
  • Community Storage Space

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,194

Year Built

Built in 1987

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: The Breaker
  • Directions: West Grand Ave. to Ocean Ave. to The Breakers Condo
  • Above Grade Finished Sq Ft: 984.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.48
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 984.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 375.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 18
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Basement:Dirt Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 70.0
  • Water Info:Water Frontage Shared -: 100.0
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Cooling:AC Units: Yes
  • Amenities:Elevator Passenger: Yes
  • Misc Amenities Sprinkler: Yes
  • Recreational Water:Beach Rights: Yes
  • Condominium:_pound_ of Buildings: 1
  • Condominium:VA Certification: No
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer
  • Has Basement: Dirt Floor, Partial, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Elevator Passenger, Bathtub, Storage, Primary Bedroom w/Bath

Exterior Features

  • Lot Features: Level, Landscaped, Near Golf Course, Near Public Beach
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Security: Sprinkler
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 375.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20908.8
  • Parcel #: OOBH-000316-000009-000001-000206
  • Zoning: BRD

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 3194.0
  • Tax Book Number: 9552
  • Tax Lot: 1
  • Tax Map Number: 316
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Nov 8, 2019
Sold by
Walsh Dana M and Walsh Deborah C
Bought by
Floor Judith A
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Robert Magazu
Berkshire Hathaway HomeServices Verani Realty
List Price
$305,000
Sold Price
$285,000
Premium/Discount to List
-$20,000
-6.56%
Current Estimated Value
$519,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,420
Avg. Annual Appreciation
10.54%
Original Mortgage
$228,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Floor Judith A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floor Judith A $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $285,000 -6.6% $290 / Sq Ft
09/15/2019 09/15/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $305,000 -- $310 / 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 $4,610 $423,700 $65,700 $358,000
2023 $4,606 $404,000 $63,000 $341,000
2022 $4,414 $360,600 $57,100 $303,500
2021 $4,281 $302,300 $53,900 $248,400
2020 $3,443 $223,300 $47,400 $175,900
2019 $3,195 $206,100 $47,400 $158,700
2018 $3,015 $202,700 $47,400 $155,300
2017 $3,029 $192,900 $46,200 $146,700
2016 $2,998 $193,900 $43,900 $150,000
2015 $2,943 $193,900 $43,900 $150,000
2014 $2,885 $193,900 $43,900 $150,000
2013 -- $193,900 $43,900 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1424287

Maine Listings

APN: OOBH-000316-000009-000001-000206