NOT LISTED FOR SALE

1 Walnut St Unit 19 Old Orchard Beach, ME 04064

Estimated Value: $375,250 - $515,000

2 Beds
1 Bath
516 Sq Ft
$349/mo HOA Fee

Last Sold November 17, 2016

Last sale price $145,500 $282 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $3,003/month

877 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Hot Water Heating System
  • Carpet
  • Air Conditioning
  • Level Lot

About This Home

As of November 2016

Own your vacation get-a-way? Create years of memories on one of Maine's largest Beaches! The main living space is an open concept kitchen and living area. Enjoy an open fireplace for evening ambiance. Walking distance from the pier, far enough to avoid crowded beaches. Strong rental history with management available. Pristine Ocean Views! Ass. fees include Heat&HW,Cable,Elec+some.Pristine Ocean Views! 2016 Updates include, flooring throughout the unit, new pedestal sink in bathroom, fresh paint and mattresses!

Last Agent to Sell the Property

Christina Connell

Berkshire Hathaway HomeServices Verani Realty Listed on: 05/03/2014

Berkshire Hathaway HomeServices Verani Realty

Last Buyer's Agent

Christina Connell

Berkshire Hathaway HomeServices Verani Realty Listed on: 05/03/2014

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,664

Year Built

  • Built in 1970

Lot Details

  • 200 Feet of Waterfront
  • Ocean Front

HOA Fees

  • $349 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 516 Sq Ft Home
  • Multi-Level Property
  • Living Room with Fireplace
  • Crawl Space
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • 24 Units
  • Beachfront Condotel Subdivision

Listing and Financial Details

  • Legal Lot and Block 2-19 / 1
  • Assessor Parcel Number 1Walnut Street19OldOrcha30412-19

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,664

Year Built

Built in 1970

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: Beachfront Condotel
  • Directions: From Portland Rd turn on walnut towards the beach.
  • Above Grade Finished Sq Ft: 516.0
  • Architectural Style: Multi-Level
  • Year Built: 1970
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.29
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 516.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 349.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 24
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Multi-Level: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Cooling:AC Units: Yes
  • Exterior:Stucco: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Intown, Near Shopping
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Stucco, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 349.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.4
  • Parcel #: 1Walnut Street19OldOrcha30412-19
  • Zoning: DD-2

Multi Family

  • Number Of Units In Community: 24

Tax Info

  • Tax Annual Amount: 2664.0
  • Tax Block: 1
  • Tax Lot: 2-19
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2014
Closed on
Nov 18, 2016
Sold by
Stemarie Richard F and Stemarie Patricia A
Bought by
Johnson Kenneth T and Johnson Sarah A
Seller's Agent
Christina Connell
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Christina Connell
Berkshire Hathaway HomeServices Verani Realty
List Price
$169,900
Sold Price
$145,500
Premium/Discount to List
-$24,400
-14.36%
Current Estimated Value
$439,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,813
Avg. Annual Appreciation
13.14%
Original Mortgage
$116,400
Outstanding Balance
$95,119
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$344,194
Source: Public Records

Range of Values:

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Average Value
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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
Johnson Kenneth T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Kenneth T $116,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2016 11/17/16 Sold $145,500 -14.4% $282 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
05/02/2014 05/02/14 For Sale $169,900 -- $329 / 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 $4,110 $377,800 $60,100 $317,700
2023 $4,097 $359,400 $56,800 $302,600
2022 $3,744 $305,900 $51,600 $254,300
2021 $2,637 $186,200 $46,600 $139,600
2020 $2,663 $172,700 $41,100 $131,600
2019 $2,652 $171,100 $41,100 $130,000
2018 $2,657 $169,500 $41,100 $128,400
2017 $2,773 $176,600 $39,000 $137,600
2016 $2,713 $175,500 $37,900 $137,600
2015 $2,664 $175,500 $37,900 $137,600
2014 $2,611 $175,500 $37,900 $137,600
2013 $2,422 $175,500 $37,900 $137,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1132461

Maine Listings

APN: OOBH-000304-000001-000002-000019