NOT LISTED FOR SALE

129 Portland Ave Unit 14 Old Orchard Beach, ME 04064

Estimated Value: $326,000 - $363,691

2 Beds
1 Bath
944 Sq Ft
$366/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $290,000 $307 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,427/month

3 Days on Market

Highlights

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

About This Home

As of September 2023

Welcome to a beautiful 2-bedroom, 1-bathroom condo located just a mere mile away from the glistening waters of the Atlantic Ocean. This property promises a lifestyle of relaxation, convenience, and year-round vacation vibes.
As you step inside, you'll be captivated by the cathedral ceilings that create an open and airy atmosphere, making the living spaces feel even more spacious. The updated vinyl plank floors lend a modern touch, and the first-floor laundry ensures ultimate convenience. Two upstairs bedrooms are spacious and have plenty of storage.
Step outside onto your private deck, a perfect spot to enjoy a tranquil escape. You get two designated parking spaces per unit, plus plenty of guest spots for friends and family to visit. Say goodbye to parking hassles and hello to peace of mind.
Located in the heart of Old Orchard Beach, you'll find yourself just a stone's throw away from the area's finest restaurants, shops, and attractions. Whether you're in the mood for seafood feasts, shopping, or thrilling amusement park rides, it's all within easy reach.
Rentals are allowed for a minimum period of 6 months, making it an excellent investment opportunity. Don't miss your chance to live the coastal dream - schedule a showing today!
2 Open Houses: Friday, Sept 8 @ 4:30-6 and Sunday, Sept 10 @ 2-3:30

Last Agent to Sell the Property

Yulia Glasgow

Keller Williams Realty Brokerage Phone: 207-317-6464 Listed on: 09/08/2023

Last Buyer's Agent

Scott Townsend

Keller Williams Realty

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,760

Year Built

  • Built in 1985

Lot Details

  • Public Beach
  • Landscaped
  • Wooded Lot

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 944 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Views of Woods

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • Common or Shared Parking
  • Shared Driveway

Outdoor Features

  • Nearby Water Access
  • Deck

Location

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10-14 / 2
  • Assessor Parcel Number OOBH-000104-000002-000010-000014

Community Details

Overview

  • 7 Buildings
  • 7 Units
  • Beaver Creek Subdivision

Recreation

  • Country Club

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,760

Year Built

Built in 1985

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 5.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Beaver Creek
  • Directions: Cascade Rd to Portland Ave, Beaver Creek Condominiums (2nd entrance)
  • Above Grade Finished Sq Ft: 944.0
  • Architectural Style: Contemporary, Townhouse
  • Garage Yn: No
  • Year Built: 1985
  • Attribution Contact: 207-317-6464
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 301.91
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 944.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: 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
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 350.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 7
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Location:Near Railroad: Yes
  • Condominium:Total Units4: 55
  • Condominium:_pound_ of Buildings: 7
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Welcome to a beautiful 2-bedroom, 1-bathroom condo located just a mere mile away from the glistening waters of the Atlantic Ocean. This property promises a lifestyle of relaxation, convenience, and year-round vacation vibes. As you step inside, you'll be captivated by the cathedral ceilings that create an open and airy atmosphere, making the living spaces feel even more spacious. The updated vinyl plank floors lend a modern touch, and the first-floor laundry ensures ultimate convenience. Two upstairs bedrooms are spacious and have plenty of storage. Step outside onto your private deck, a perfect spot to enjoy a tranquil escape. You get two designated parking spaces per unit, plus plenty of guest spots for friends and family to visit. Say goodbye to parking hassles and hello to peace of mind. Located in the heart of Old Orchard Beach, you'll find yourself just a stone's throw away from the area's finest restaurants, shops, and attractions. Whether you're in the mood for seafood feasts, shopping, or thrilling amusement park rides, it's all within easy reach. Rentals are allowed for a minimum period of 6 months, making it an excellent investment opportunity. Don't miss your chance to live the coastal dream - schedule a showing today! 2 Open Houses: Friday, Sept 8 @ 4:30-6 and Sunday, Sept 10 @ 2-3:30
  • Special Features: None

Interior Features

  • Number Of Buildings: 7
  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Crawl Space, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Landscaped, Wooded, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, 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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 217800.0
  • Parcel #: OOBH-000104-000002-000010-000014
  • Zoning: RD

Multi Family

  • Number Of Units In Community: 7
  • Number Of Units Total: 55

Tax Info

  • Tax Annual Amount: 2760.0
  • Tax Block: 2
  • Tax Lot: 10-14
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 5, 2023
Sold by
Drummond Mary J
Bought by
Ragone Sherry L
Seller's Agent
Yulia Glasgow
Keller Williams Realty
Buyer's Agent
Scott Townsend
Keller Williams Realty
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%
Current Estimated Value
$345,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,673
Avg. Annual Appreciation
8.39%
Original Mortgage
$261,000
Outstanding Balance
$255,356
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$90,317

Purchase Details

Listed on
Sep 8, 2023
Closed on
Sep 29, 2023
Sold by
Ferri Peter J
Bought by
Cushman Victoria
Seller's Agent
Yulia Glasgow
Keller Williams Realty
Buyer's Agent
Scott Townsend
Keller Williams Realty
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Outstanding Balance
$255,356
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$90,317

Purchase Details

Closed on
Feb 20, 2014
Sold by
Majewski Ann H
Bought by
Ferri Peter J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ragone Sherry L $350,000 None Available
Cushman Victoria $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cushman Victoria $261,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $290,000 +1.8% $307 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $285,000 -- $302 / 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 $3,086 $283,600 $10,900 $272,700
2023 $2,778 $243,700 $8,700 $235,000
2022 $2,760 $225,500 $8,700 $216,800
2021 $2,812 $198,600 $8,700 $189,900
2020 $2,285 $148,200 $8,700 $139,500
2019 $2,210 $142,600 $8,700 $133,900
2018 $2,182 $142,600 $8,700 $133,900
2017 $1,703 $108,500 $6,500 $102,000
2016 $1,625 $105,100 $6,500 $98,600
2015 $1,595 $105,100 $6,500 $98,600
2014 $1,564 $105,100 $6,500 $98,600
2013 -- $105,100 $6,500 $98,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1571392

Maine Listings

APN: OOBH-000104-000002-000010-000014