NOT LISTED FOR SALE

116 Portland Ave Unit 3 Old Orchard Beach, ME 04064

Estimated Value: $222,000 - $316,000

1 Bed
1 Bath
585 Sq Ft
$230/mo HOA Fee

Last Sold June 02, 2017

Last sale price $125,000 $214 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,742/month

4 Days on Market

Highlights

  • Nearby Water Access
  • 2 Acre Lot
  • Main Floor Bedroom
  • Public Beach
  • Deck
  • Double Pane Windows

About This Home

As of June 2017

AFFORDABLE- Great location just 1/2 mile to the beach & a great price. Cute one bedroom condo offers first floor living and bright, light, open living area. Large bedroom with good closet space and storage and coin op washer/dryer in the basement. Well maintained with newer carpeting and freshly painted. Convenient to everything can walk to beach, and stores, post office, yet quiet setting for the condo. Owners may have pets with restrictions, 30 day rentals. Previous tenants paid $795 a month.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 04/10/2017

Last Buyer's Agent

Cynthia Dubois-Cote

Berkshire Hathaway HomeServices Verani Realty

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,353

Year Built

  • Built in 1992

Lot Details

  • 2

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 585 Sq Ft Home
  • Double Pane Windows

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

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

Outdoor Features

  • Nearby Water Access
  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Public Beach
  • Property is near a golf course

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 29 / 1
  • Assessor Parcel Number OOBH-000104-000001-000029-000003

Community Details

Overview

  • 8 Units
  • Fairview Farms Subdivision

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,353

Year Built

Built in 1992

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • MLS Status: Closed
  • Subdivision Name: Fairview Farms
  • Directions: Portland Ave. to 116 Fairview Farms Condominium
  • Above Grade Finished Sq Ft: 585.0
  • Architectural Style: Garden
  • Efficiency: Double Pane Windows
  • Year Built: 1992
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 213.68
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 585.0
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: 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
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 230.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 8
  • Style:Garden: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Unknown
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Restrictions:Pet Weight Limit: Yes
  • Amenities:Laundry - Coin: Yes
  • Restrictions:Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: Walk to beach, just 1/2 mile to the sands. Adorable one bedroom is bright and light and in move in condition with newer carpeting & freshly painted. Owners can have pets with size restrictions. Great first or second home and previously was rented at $795 a month. Quiet setting yet can walk to everything, stores, post office, town and beach. Offered by Nancy Z Moreshead 207-329-3545, Best Maine Beach Properties. www.nancyzsellsbythesea.com. 207-934-1600. nancyzbythesea@gmail.com
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Golf Course, Near Public Beach, Near Shopping
  • Waterfront: No
  • Construction Type: Clapboard, 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: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: OOBH-000104-000001-000029-000003
  • Zoning: RD

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 1353.0
  • Tax Block: 1
  • Tax Lot: 29
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jun 6, 2017
Sold by
Ace Maine Llc
Bought by
Silliter Karen L
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Cynthia Dubois-Cote
Berkshire Hathaway HomeServices Verani Realty
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$259,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,420
Avg. Annual Appreciation
8.95%
Original Mortgage
$118,750
Outstanding Balance
$98,640
Interest Rate
3.97%
Mortgage Type
Unknown
Estimated Equity
$160,780

Purchase Details

Closed on
Mar 24, 2014
Sold by
Cowan Ann E
Bought by
Ace Maine Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Silliter Karen L -- --
Ace Maine Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silliter Karen L $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2017 06/02/17 Sold $125,000 0.0% $214 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $125,000 -- $214 / 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 $1,809 $166,300 $10,500 $155,800
2023 $1,801 $158,000 $9,600 $148,400
2022 $1,684 $137,600 $7,800 $129,800
2021 $1,597 $112,800 $7,800 $105,000
2020 $1,614 $104,700 $7,000 $97,700
2019 $1,623 $104,700 $7,000 $97,700
2018 $1,602 $104,700 $7,000 $97,700
2017 $1,479 $94,200 $6,100 $88,100
2016 $1,353 $87,500 $6,100 $81,400
2015 $1,328 $87,500 $6,100 $81,400
2014 $1,302 $87,500 $6,100 $81,400
2013 -- $87,500 $6,100 $81,400
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nancy Moreshead

    Best Maine Beach Properties

  • C

    Buyer's Agent in 2017

    Cynthia Dubois-Cote

    Berkshire Hathaway HomeServices Verani Realty

    Section Image
  • CJ Dubois-Cote

    Buyer's Agent in 2017

    CJ Dubois-Cote

    Keller Williams Realty

    (207) 879-9800

    11 in this area

    120 Total Sales

    CJ Dubois-Cote
    Section Image
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Map

Source: Maine Listings

MLS Number: 1300962

Maine Listings

APN: OOBH-000104-000001-000029-000003

Maine York County Old Orchard Beach 04064

116 Portland Ave Unit 3, Old Orchard Beach, ME

Not Listed for Sale

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