NOT LISTED FOR SALE

116 Portland Ave Unit 8 Old Orchard Beach, ME 04064

Estimated Value: $225,000 - $351,000

1 Bed
1 Bath
650 Sq Ft
$406/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $163,000 $251 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,795/month

14 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • 2 Acre Lot
  • Public Beach
  • View of Trees or Woods
  • Deck

About This Home

As of November 2021

Welcome to the beach! This 1 bedroom, 1 bathroom- second story condo is a swift 10 minute walk to the beach! Enjoy your days watching the waves or head into for some pier fries and pizza from one of the local venues. Enjoy the night scene and restaurants or live music at the Brunswick! Make this your primary residence or vacation getaway while taking the train North to Portland or South to Boston.

Last Agent to Sell the Property

Kyle Mango

RE/MAX Realty One Listed on: 09/22/2021

RE/MAX Realty One

Last Buyer's Agent

Joshua Caron

Maine Community Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 1990

Lot Details

  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Rowhouse Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 650 Sq Ft Home
  • Multi-Level Property
  • Cathedral Ceiling
  • Skylights
  • Living Room
  • Views of Woods

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Doghouse Basement Entry
  • Exterior Basement Entry
  • Sump Pump

Parking

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

Outdoor Features

  • Nearby Water Access
  • Balcony
  • Deck

Location

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

Utilities

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

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 29-8 / 1
  • Assessor Parcel Number OOBH-000104-000001-000029-000008

Community Details

Overview

  • 4 Units
  • Fairview Farms Subdivision

Amenities

  • Community Storage Space

Recreation

  • Country Club

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,716

Year Built

Built in 1990

Lot Details

0

HOA Fees

$250 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 Farms
  • Directions: GPS. unit 8 is in the first building on the left when you pull into the parking lot.
  • Above Grade Finished Sq Ft: 650.0
  • Architectural Style: Multi-Level, Row-End, Townhouse
  • Garage Yn: No
  • Year Built: 1990
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 275.38
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 650.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • 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
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 250.0
  • 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: 4
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Room Features:Skylight32: Yes
  • View:TreesWoods: Yes
  • Kitchen Countertop:Formica: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Location:Near Country Club: Yes
  • Basement:Sump Pump: Yes
  • Room Features:BalconyDeck17: Yes
  • Location:Near Railroad: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:Townhouse: Yes
  • Bedroom 1 Amenities:Vaulted Ceiling: Yes
  • Bedroom 1 Amenities:Cathedral Ceiling7: Yes
  • Bedroom 1 Amenities:BalconyDeck: Yes
  • Bedroom 1 Amenities:Skylight9: Yes
  • Style:Row-End: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: Welcome to the beach! This 1 bedroom, 1 bathroom- second story condo is a swift 10 minute walk to the beach! Enjoy your days watching the waves or head into for some pier fries and pizza from one of the local venues. Enjoy the night scene and restaurants or live music at the Brunswick! Make this your primary residence or vacation getaway while taking the train North to Portland or South to Boston.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Other, Sump Pump, Doghouse, Exterior Only, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Storage
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: OOBH-000104-000001-000029-000008
  • Zoning: Res Condo

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 1716.0
  • Tax Block: 1
  • Tax Lot: 29-8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 24, 2021
Sold by
Mango Malling J
Bought by
Pearson Sheryl A
Seller's Agent
Kyle Mango
RE/MAX Realty One
Buyer's Agent
Joshua Caron
Maine Community Real Estate
List Price
$179,000
Sold Price
$163,000
Premium/Discount to List
-$16,000
-8.94%
Current Estimated Value
$264,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,204
Avg. Annual Appreciation
12.80%
Original Mortgage
$88,000
Outstanding Balance
$80,704
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$183,500

Purchase Details

Listed on
Mar 8, 2016
Closed on
Aug 2, 2016
Sold by
Molloy Ann and Molloy Ricahrd
Bought by
Mango Malling J
Seller's Agent
Adam Parent
Keller Williams Realty
Buyer's Agent
Nola Cady
RE/MAX Realty One
List Price
$125,000
Sold Price
$117,900
Premium/Discount to List
-$7,100
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$85,900
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2014
Sold by
Hoey Marcia
Bought by
Us Bank Na Tr
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
Pearson Sheryl A -- None Available
Mango Malling J -- --
Us Bank Na Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Sheryl A $88,000
Previous Owner Mango Malling J $85,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2021 11/24/21 Sold $163,000 -8.9% $251 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $179,000 +51.8% $275 / Sq Ft
08/01/2016 08/01/16 Sold $117,900 -5.7% $181 / Sq Ft View Prior Sale
06/21/2016 06/21/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $125,000 -- $192 / 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 $1,924 $176,800 $10,500 $166,300
2023 $1,914 $167,900 $9,600 $158,300
2022 $1,791 $146,300 $7,800 $138,500
2021 $1,696 $119,800 $7,800 $112,000
2020 $1,238 $111,300 $7,000 $104,300
2019 $1,725 $111,300 $7,000 $104,300
2018 $1,543 $111,300 $7,000 $104,300
2017 $1,573 $100,200 $6,100 $94,100
2016 $1,436 $92,900 $6,100 $86,800
2015 $1,410 $92,900 $6,100 $86,800
2014 $1,382 $92,900 $6,100 $86,800
2013 -- $92,900 $6,100 $86,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kyle Mango

    RE/MAX

    (207) 712-4721

    2 in this area

    32 Total Sales

    Kyle Mango
    Section Image
  • Joshua Caron

    Buyer's Agent in 2021

    Joshua Caron

    Maine Community Real Estate

    (207) 408-3879

    1 in this area

    59 Total Sales

    Joshua Caron
    Section Image

  • A

    Seller's Agent in 2016

    Adam Parent

    Keller Williams Realty

  • N

    Buyer's Agent in 2016

    Nola Cady

    RE/MAX

    Section Image
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Map

Source: Maine Listings

MLS Number: 1509814

Maine Listings

APN: OOBH-000104-000001-000029-000008

Maine York County Old Orchard Beach 04064

116 Portland Ave Unit 8, Old Orchard Beach, ME

Not Listed for Sale

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