NOT LISTED FOR SALE

1 Walnut St Unit 8 Old Orchard Beach, ME 04064

Estimated Value: $361,145 - $508,000

2 Beds
1 Bath
516 Sq Ft
$344/mo HOA Fee

Last Sold June 27, 2014

Last sale price $158,000 $306 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $2,924/month

350 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Corner Lot
  • Patio
  • Main Floor Bedroom
  • Air Conditioning
  • Living Room

About This Home

As of June 2014

Why not own your vacation Get-A-Way. This oceanfront two bedroom offers an updated bathroom and kitchen. First floor unit with excellent rental history and in house management. Ass.Fee includes Heat&HW, Cable, Elec. + Some. Short walk to the Pier!

Last Agent to Sell the Property

Christina Connell

Berkshire Hathaway HomeServices Verani Realty Listed on: 05/29/2013

Berkshire Hathaway HomeServices Verani Realty

Last Buyer's Agent

Laura Fleischer

RE/MAX Coastal

RE/MAX Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,129

Year Built

  • Built in 1970

Lot Details

  • 200 Feet of Waterfront
  • Ocean Front
  • Level Lot

HOA Fees

  • $344 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 516 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Parking

  • 1 Parking Space
  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

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

Additional Features

  • Patio
  • City Lot

Community Details

  • 24 Units
  • Beachfront Condotel Subdivision

Listing and Financial Details

  • Legal Lot and Block 2-8 / 1
  • Assessor Parcel Number 1Walnut Street8OldOrcha30412-8

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,129

Year Built

Built in 1970

Lot Details

0

HOA Fees

$344 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
  • Co List Office Phone: 207-282-7552
  • MLS Status: Closed
  • Subdivision Name: Beachfront Condotel
  • Directions: From Downtown OOB turn left on East Grand, right on Walnut, all the way at the end on the right
  • 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:SqFt Finished Above Grade: 516.0
  • Site:Corner Lot: Yes
  • 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
  • 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: 344.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 24
  • Driveway:Common2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Multi-Level: Yes
  • Basement:Crawl Space: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Owned -: 200.0
  • Water Heater:Oil2: Yes
  • Cooling:AC Units: Yes
  • Exterior:Stucco: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Crawl Space, Other
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common, 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: 344.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: RSU 23

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.4
  • Parcel #: 1Walnut Street8OldOrcha30412-8
  • Zoning: DD-2

Multi Family

  • Number Of Units In Community: 24

Tax Info

  • Tax Annual Amount: 1129.0
  • Tax Block: 1
  • Tax Lot: 2-8
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Jun 30, 2014
Sold by
Nadeau David and Nadeau Stephanie
Bought by
King Kathy L and King John F
Seller's Agent
Christina Connell
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Laura Fleischer
RE/MAX Coastal
List Price
$164,900
Sold Price
$158,000
Premium/Discount to List
-$6,900
-4.18%
Current Estimated Value
$429,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,286
Avg. Annual Appreciation
9.21%
Original Mortgage
$126,400
Outstanding Balance
$99,218
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$330,068
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
King Kathy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Kathy L $126,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $158,000 -4.2% $306 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
06/04/2013 06/04/13 For Sale $164,900 -- $320 / 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 $3,869 $355,600 $60,100 $295,500
2023 $3,857 $338,300 $56,800 $281,500
2022 $3,525 $288,000 $51,600 $236,400
2021 $2,535 $179,000 $46,600 $132,400
2020 $2,558 $165,900 $41,100 $124,800
2019 $2,571 $165,900 $41,100 $124,800
2018 $2,538 $165,900 $41,100 $124,800
2017 $2,633 $167,700 $39,000 $128,700
2016 $2,576 $166,600 $37,900 $128,700
2015 $2,529 $166,600 $37,900 $128,700
2014 $2,479 $166,600 $37,900 $128,700
2013 $2,299 $166,600 $37,900 $128,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1095404

Maine Listings

APN: OOBH-000304-000001-000002-000008