NOT LISTED FOR SALE

116 Portland Ave Unit 17 Old Orchard Beach, ME 04064

Estimated Value: $324,000 - $382,000

2 Beds
1.5 Baths
1,040 Sq Ft
$332/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $175,000 $168 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,294/month

11 Days on Market

Highlights

  • Public Beach
  • Deck
  • Wooded Lot
  • 2 Acre Lot
  • Property is near public transit
  • Bonus Room

About This Home

As of June 2016

2 bdr, 1.5 bath townhouse located a short 5 - 7 minute walk down Walnut Street to 7 miles of the most beautiful beach anywhere! This condo also has a 3rd floor bonus room or office etc., deck and nicely wooded back yard.

Last Agent to Sell the Property

Ridge York

Blue Lobster Real Estate Listed on: 04/21/2016

Last Buyer's Agent

Richie Garrett

RE/MAX By The Bay

RE/MAX By The Bay

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,958

Year Built

  • Built in 1986

Lot Details

  • Public Beach
  • Seasonal Access to Property
  • Landscaped
  • Wooded Lot

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,040 Sq Ft Home
  • Living Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 6 Units
  • Fairview Farm Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Legal Lot and Block 29-17 / 1
  • Assessor Parcel Number OOBH-000104-000001-000029-000017

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,958

Year Built

Built in 1986

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Fairview Farm
  • Directions: Cascade Road onto Portland Ave 1/4 mile on Left is Fairview Farms. Look for association sign, real estate signs not allowed at entrance.
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Townhouse
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 168.27
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 2.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1040.0
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: 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: 230.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 6
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Bonus Room:Bonus Room: Yes
  • Parking:Paved3: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Location:Near Railroad: Yes
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: JUST LISTED! 2 bdr, 1.5 bath townhouse located a short 5 - 7 minute walk down Walnut Street to 7 miles of the most beautiful beach anywhere! This condo also has a 3rd floor bonus room, deck and nicely wooded back yard. Contact Ridge York, CRS of Bean Group | Portland | ME at 207.650.0888 or Ridge@ridgeyork.com or visit us at BuyMaineRealEstate.com or like us at www.facebook.com/RidgeYorkRealEstateGroup
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Landscaped, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Near Railroad
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 230.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: OOBH-000104-000001-000029-000017
  • Zoning: RD

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1958.0
  • Tax Block: 1
  • Tax Lot: 29-17
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
Jun 20, 2016
Sold by
Welch Marion O
Bought by
Mazerolle Janet M
Seller's Agent
Ridge York
Blue Lobster Real Estate
Buyer's Agent
Richie Garrett
RE/MAX By The Bay
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$345,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,487
Avg. Annual Appreciation
7.46%
Original Mortgage
$126,000
Outstanding Balance
$100,413
Interest Rate
3.61%
Mortgage Type
Unknown
Estimated Equity
$245,074

Purchase Details

Closed on
Jul 31, 2009
Sold by
Webber Buffi and Webber Jason J
Bought by
Welch Marion O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.63%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mazerolle Janet M -- --
Welch Marion O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazerolle Janet M $126,000
Closed Welch Marion O $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $175,000 0.0% $168 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $175,000 -- $168 / 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 $3,027 $278,200 $10,500 $267,700
2023 $3,016 $264,600 $9,600 $255,000
2022 $2,821 $230,500 $7,800 $222,700
2021 $2,661 $187,900 $7,800 $180,100
2020 $2,472 $160,300 $7,000 $153,300
2019 $2,485 $160,300 $7,000 $153,300
2018 $2,148 $160,300 $7,000 $153,300
2017 $2,222 $141,500 $6,100 $135,400
2016 $2,035 $131,600 $6,100 $125,500
2015 $1,998 $131,600 $6,100 $125,500
2014 $1,958 $131,600 $6,100 $125,500
2013 -- $134,400 $6,100 $128,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1259408

Maine Listings

APN: OOBH-000104-000001-000029-000017