NOT LISTED FOR SALE

1 Ocean Ave Unit 308 Old Orchard Beach, ME 04064

Estimated Value: $561,000 - $590,000

2 Beds
1.5 Baths
1,134 Sq Ft
$375/mo HOA Fee

Last Sold February 26, 2021

Last sale price $381,000 $336 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,844/month

87 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Public Beach
  • Deck
  • Beach Access
  • 0.48 Acre Lot
  • Elevator

About This Home

As of February 2021

OCEAN VIEWS OF BEST MAINE BEACH- Top floor 2 story condo has great views & just steps to the sands. Beautifully maintained & in move in condition. Both bedrooms are very large, have cathedral ceilings with lots of light and ocean views. Sit on your deck facing east and enjoy the views and the sea breeze. Good storage in the basement and the building has an elevator. Pets permitted. Bedroom wicker furniture and deck furniture remain. Well managed and maintained complex.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 10/19/2020

Last Buyer's Agent

Chris Whittaker

Ocean Park Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,450

Year Built

  • Built in 1987

Lot Details

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

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

  • 1,134 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

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

Outdoor Features

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

Location

  • Property is near a golf course

Utilities

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

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 1 / 9
  • Assessor Parcel Number OOBH-000316-000009-000001-000308

Community Details

Overview

  • 18 Units
  • Breakers By The Sea Subdivision

Amenities

  • Elevator
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,450

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: Breakers By The Sea
  • Directions: West Grand Ave. to Ocean Ave. The Breakers at end of street on the ocean
  • Above Grade Finished Sq Ft: 1134.0
  • 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: 1134.0
  • 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:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: 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: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
  • 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 -: 70.0
  • Recreational Water:Waterfront Deep: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Cooling:AC Units: Yes
  • Amenities:Elevator Passenger: Yes
  • Recreational Water:Beach Rights: Yes
  • Condominium:Total Units4: 18
  • 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, Dryer, Disposal, Dishwasher
  • Has Basement: Dirt Floor, Partial, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Elevator Passenger, Bathtub, Storage

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
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: 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-000316-000009-000001-000308
  • Zoning: BRD

Multi Family

  • Number Of Units In Community: 18
  • Number Of Units Total: 18

Tax Info

  • Tax Annual Amount: 3450.0
  • Tax Block: 9
  • Tax Book Number: 18026
  • Tax Lot: 1
  • Tax Map Number: 316
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Feb 26, 2021
Sold by
Walsh Dana M and Walsh Deborah C
Bought by
Brian C Gordon 2014 Ret
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Chris Whittaker
Ocean Park Realty
List Price
$389,900
Sold Price
$381,000
Premium/Discount to List
-$8,900
-2.28%
Current Estimated Value
$575,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,649
Avg. Annual Appreciation
8.57%
Original Mortgage
$285,750
Outstanding Balance
$258,472
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$297,284

Purchase Details

Listed on
Jul 12, 2019
Closed on
Aug 20, 2019
Sold by
Fecteau Ft
Bought by
Walsh Dana M and Walsh Deborah C
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$327,000
Sold Price
$327,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$236,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2015
Sold by
Fecteau Richard C and Fecteau Laurel S
Bought by
Fecteau Ft
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
Brian C Gordon 2014 Ret -- None Available
Brian C Gordon 2014 Ret -- None Available
Walsh Dana M -- --
Walsh Dana M -- --
Fecteau Ft -- --
Fecteau Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brian C Gordon 2014 Ret $285,750
Closed Brian C Gordon 2014 Ret $285,750
Previous Owner Walsh Dana M $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $381,000 -2.3% $336 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
10/19/2020 10/19/20 For Sale $389,900 +19.2% $344 / Sq Ft
08/20/2019 08/20/19 Sold $327,000 0.0% $288 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $327,000 -- $288 / 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 $5,017 $461,100 $65,700 $395,400
2023 $5,010 $439,500 $63,000 $376,500
2022 $4,801 $392,200 $57,100 $335,100
2021 $4,647 $328,200 $53,900 $274,300
2020 $3,727 $241,700 $47,400 $194,300
2019 $3,450 $222,600 $47,400 $175,200
2018 $3,255 $218,900 $47,400 $171,500
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

  • N

    Seller's Agent in 2021

    Nancy Moreshead

    Best Maine Beach Properties

  • Chris Whittaker

    Buyer's Agent in 2021

    Chris Whittaker

    Ocean Park Realty

    (207) 800-6116

    17 in this area

    17 Total Sales

    Chris Whittaker
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Map

Source: Maine Listings

MLS Number: 1473290

Maine Listings

APN: OOBH-000316-000009-000001-000308

Maine York County Old Orchard Beach 04064

1 Ocean Ave Unit 308, Old Orchard Beach, ME

This home is located at 1 Ocean Ave Unit 308, Old Orchard Beach, ME 04064 since 19 October 2020 and is currently estimated at $575,649, approximately $507 per square foot. This property was built in 1987. 1 Ocean Ave Unit 308 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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