Seller's Agent in 2024
Nancy Moreshead
The Real Estate Store
(207) 329-3545
113 in this area
123 Total Sales
1 Ocean Ave Unit 305 Old Orchard Beach, ME 04064
Estimated Value: $577,000 - $600,036
2
Beds
1.5
Baths
1,134
Sq Ft
$524/Sq Ft
Est. Value
Highlights
- 73 Feet of Waterfront
- Public Beach
- Deck
- Access to Tidal Water
- 0.48 Acre Lot
- Furnished
About This Home
As of May 2024BEST MAINE BEACH is right in front of this condo at The Breakers By The Sea. 2 story condo with ocean views. Laminate flooring in living area. New washer/dryer. Second floor has 2 large bedrooms with high ceilings and ocean views. Nice area of the beach and you can walk to town and Ocean Park. Pet ok, and monthly rentals. Deck looking to the northeast with views. Storage in basement and parking for 2 cars under the building. Most furnishings remain
Last Agent to Sell the Property
The Real Estate Store Brokerage Phone: 207-329-3545 Listed on: 03/06/2024
Last Buyer's Agent
Justin Douglass
Green Tree Realty, LLC
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,045
Year Built
- Built in 1987
Lot Details
- 73 Feet of Waterfront
- Ocean Front
- Public Beach
HOA Fees
- $400 Monthly HOA Fees
Property Views
- Water
- Scenic Vista
Home Design
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,134 Sq Ft Home
- Furnished
- Ceiling Fan
- Double Pane Windows
- Living Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Formica Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- Reserved Parking
Outdoor Features
- Access to Tidal Water
- Deep Water Access
- Deck
Location
- Property is near a golf course
Utilities
- No Cooling
- Baseboard Heating
- Natural Gas Not Available
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1 / 9
- Assessor Parcel Number 1oceanave305oldorchard
Community Details
Overview
- 18 Units
- The Breakers By The Sea Subdivision
Amenities
- Elevator
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2024
Closed on
May 17, 2024
Sold by
Murphy Janet M and Murphy Jeffrey D
Bought by
Mahoney Maureen and Mahoney Mark
Seller's Agent
Nancy Moreshead
The Real Estate Store
Buyer's Agent
Justin Douglass
Green Tree Realty, LLC
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Views
121
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,009
Avg. Annual Appreciation
4.33%
Original Mortgage
$340,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
May 9, 2017
Closed on
Jun 30, 2017
Sold by
Roy Paul and Roy Dianne
Bought by
Murphy Jeffrey D and Murphy Janet M
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$294,900
Sold Price
$280,000
Premium/Discount to List
-$14,900
-5.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$224,000
Interest Rate
3.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 29, 2006
Sold by
Longo Carl J
Bought by
Roy Paul and Roy Dianne
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mahoney Maureen | $530,000 | None Available | |
| Mahoney Maureen | $530,000 | None Available | |
| Murphy Jeffrey D | $280,000 | -- | |
| Murphy Jeffrey D | $280,000 | -- | |
| Roy Paul | -- | -- | |
| Roy Paul | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mahoney Maureen | $340,000 | |
| Closed | Mahoney Maureen | $340,000 | |
| Previous Owner | Murphy Jeffrey D | $224,000 | |
| Previous Owner | Roy Paul | $224,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2024 05/17/24 | Sold | $530,000 | -3.6% | $467 / Sq Ft |
| 04/14/2024 04/14/24 | Pending | -- | -- | -- |
| 03/06/2024 03/06/24 | For Sale | $550,000 | +96.4% | $485 / Sq Ft |
| 06/30/2017 06/30/17 | Sold | $280,000 | -5.1% | $247 / Sq Ft |
| 05/27/2017 05/27/17 | Pending | -- | -- | -- |
| 05/09/2017 05/09/17 | For Sale | $294,900 | -- | $260 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $5,274 | $484,700 | $65,700 | $419,000 |
| 2023 | $5,267 | $462,000 | $63,000 | $399,000 |
| 2022 | $5,045 | $412,200 | $57,100 | $355,100 |
| 2021 | $4,880 | $344,600 | $53,900 | $290,700 |
| 2020 | $3,961 | $256,900 | $47,400 | $209,500 |
| 2019 | $3,687 | $237,900 | $47,400 | $190,500 |
| 2018 | $3,588 | $234,500 | $47,400 | $187,100 |
| 2017 | $3,269 | $208,200 | $46,200 | $162,000 |
| 2016 | $3,240 | $209,600 | $43,900 | $165,700 |
| 2015 | $3,182 | $209,600 | $43,900 | $165,700 |
| 2014 | $3,119 | $209,600 | $43,900 | $165,700 |
| 2013 | $2,892 | $209,600 | $43,900 | $165,700 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Moreshead
-
John Murphy
J
Seller Co-Listing Agent in 2024
John Murphy
The Real Estate Store
(207) 883-4327
39 in this area
85 Total Sales
-
J
Buyer's Agent in 2024
Justin Douglass
Green Tree Realty, LLC
Map
Source: Maine Listings
MLS Number: 1583536
APN: OOBH-000316-000009-000001-000305
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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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