NOT LISTED FOR SALE

15 Bay Ave Unit 1 Old Orchard Beach, ME 04064

Estimated Value: $458,000 - $573,000

3 Beds
2 Baths
1,300 Sq Ft
$375/mo HOA Fee

Last Sold June 15, 2020

Last sale price $264,000 $203 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,558/month

101 Days on Market

Highlights

  • Additional Residence on Property
  • Nearby Water Access
  • Deck
  • Ocean Front
  • Public Beach
  • Property is near public transit

About This Home

As of June 2020

Condo Fees Include: Heat, Hot Water, Cable & Internet, you only pay electric! Location... Great condo unit with ocean views! In addition to three bedrooms, all on one floor, there is an added three season sun room, and additional open porch. These units were remodeled in 2008, complete with new bathrooms and new kitchens from the floor up with granite counters and all stainless appliances. Fully furnished, including completely equipped kitchen. Great rental history due to it's proximity to the beach, and is currently rented for the winter. Seller is a licensed Real Estate Broker.

Last Agent to Sell the Property

Charlene Weinstein

Charlene's Coastal Properties Listed on: 11/18/2019

Co-Listed By

Donald Richer

Charlene's Coastal Properties

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,690

Year Built

  • Built in 1900

Lot Details

  • Ocean Front
  • Public Beach

HOA Fees

  • $375 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Rowhouse Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Double Pane Windows

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

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

Outdoor Features

  • Nearby Water Access
  • Deck
  • Enclosed Glass Porch

Additional Homes

  • Additional Residence on Property

Location

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Natural Gas Not Available
  • High-Efficiency Water Heater

Community Details

  • 2 Buildings
  • 4 Units
  • Seaside Village Condominiums Subdivision

Listing and Financial Details

  • Legal Lot and Block 4-1 / 2
  • Assessor Parcel Number OOBH-000313-000002-000004-000001

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,690

Year Built

Built in 1900

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • Co List Office Mls Id: 2844
  • Co List Office Phone: 207-937-8084
  • MLS Status: Closed
  • Subdivision Name: Seaside Village Condominiums
  • Directions: West Grand Avenue to Corner of Bay Avenue
  • Above Grade Finished Sq Ft: 1300.0
  • Architectural Style: Multi-Level, Row-End
  • Garage Yn: No
  • Efficiency: High Efficiency Water Heater, Energy Star Appliances, Double Pane Windows
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1300.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 375.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 4
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Amenities:Furniture Included: Yes
  • Equipment:Generator: Yes
  • Location:Near Railroad: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Condominium:_pound_ of Buildings: 2
  • Style:Row-End: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Partial, Not Applicable, Exterior Only
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Near Railroad
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Common, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 375.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: OOBH-000313-000002-000004-000001
  • Zoning: BRD

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 3690.0
  • Tax Block: 2
  • Tax Book Number: 18023
  • Tax Lot: 4-1
  • Tax Map Number: 313
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2020
Sold by
Richer Elaine S and Richer Donald
Bought by
Barbieri Allison M and Barbieri Michael J
Current Estimated Value
$528,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2014
Closed on
May 15, 2015
Sold by
White Cap Village Llc
Bought by
Richer Donald
Seller's Agent
Charlene Weinstein
Charlene's Coastal Properties
Buyer's Agent
Charlene Weinstein
Maine Coast Properties, Inc.
List Price
$259,000
Sold Price
$239,000
Premium/Discount to List
-$20,000
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$194,000
Interest Rate
3.69%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Barbieri Allison M -- None Available
Richer Donald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barbieri Allison M $198,000
Previous Owner Richer Donald $194,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $264,000 -5.0% $203 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
11/16/2019 11/16/19 For Sale $278,000 +16.3% $214 / Sq Ft
05/14/2015 05/14/15 Sold $239,000 -7.7% $209 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
09/27/2014 09/27/14 For Sale $259,000 -- $227 / 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 $4,577 $420,700 $126,100 $294,600
2023 $4,536 $397,900 $117,300 $280,600
2022 $4,333 $354,000 $104,000 $250,000
2021 $4,004 $282,800 $80,400 $202,400
2020 $3,975 $257,800 $69,400 $188,400
2019 $3,739 $241,200 $69,400 $171,800
2018 $3,574 $241,200 $69,400 $171,800
2017 $3,636 $231,600 $61,500 $170,100
2016 $3,502 $226,500 $58,000 $168,500
2015 $3,438 $226,500 $58,000 $168,500
2014 $3,370 $226,500 $58,000 $168,500
2013 $3,126 $226,500 $58,000 $168,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1439303

Maine Listings

APN: OOBH-000313-000002-000004-000001