NOT LISTED FOR SALE

15 Olympia Ave Unit 4 Old Orchard Beach, ME 04064

Estimated Value: $421,000 - $501,284

4 Beds
2 Baths
2,055 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $410,000 $200 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,146/month

4 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Property is near public transit
  • Public Beach
  • Colonial Architecture
  • Wood Flooring

About This Home

As of April 2022

Location, Location, Location!

This exceptionally well maintained, move-in ready year round condo is situated within an established and friendly association. Units within Olympia Commons rarely come up for sale. This condo can be used as either a 3 or 4 bedroom unit and offers fantastic proximity to beaches, the Interstate highway, shopping, restaurants and so much more. The unit is located at the end of a private, dead end street and benefits from a large private fenced in yard, three season porch and generous space (inside and out) for your family to spread out or all together.

The unit spans four levels including bedrooms on the second level and an oversized bedroom/kids playroom/office/exercise room on the 3rd floor. The first level offers beautiful hardwood and tile flooring, an updated kitchen, separate dining area, full bathroom and good sized family room. The washer and dryer are located in the partially finished basement along with the furnace and other mechanical equipment.

The Primary bedroom suite has an attached additional room which could also be used as an office, nursery, reading room, extra bedroom, etc. The Primary bedroom is unique among the other condos within Olympia Commons as it is located above the garage which provides additional privacy and extra living space.

This condo also offers the following features and benefits:

Very short walk (a few hundred yards) to pick up and ride the OOB trolley to/from the beach as well as new kitchen cabinets, granite countertops, tile backsplash, renovated bathrooms, partially finished basement for expansion, 3rd floor loft/bedroom/playroom/office/exercise room, etc. The condo has fresh paint throughout with beautiful hardwood, tile and carpeted flooring.

Last Agent to Sell the Property

Scott Blanchard

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 03/17/2022

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Megan McShane

Redfin Corporation

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,434

Year Built

  • Built in 1988

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts a private road
  • Public Beach
  • Cul-De-Sac
  • Street terminates at a dead end
  • Fenced
  • Level Lot
  • Open Lot

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway

Home Design

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

Interior Spaces

  • Multi-Level Property
  • Family Room
  • Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Nearby Water Access
  • Deep Water Access
  • Enclosed Glass Porch

Location

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number OOBH-000210-000002-000054-000004

Community Details

Overview

  • 4 Buildings
  • 2 Units

Recreation

  • Country Club

Pet Policy

  • No Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,434

Year Built

Built in 1988

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From I-95 get off at Exit 44 then drive to the end of I-295. At the 5 point intersection bear to the left (as if driving into OOB) and take a quick left onto Olympia Ave. A few hundred yards on your left side will be 4 duplexes, #4 is at the end on left.
  • Above Grade Finished Sq Ft: 1805.0
  • Architectural Style: Colonial, Multi-Level, Saltbox, Townhouse
  • Garage Yn: Yes
  • Efficiency: LED Light Fixtures
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1805.0
  • Property Information:SqFt Finished Below Grade: 250.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 2
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Roads:Dead End: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Location:Near Country Club: Yes
  • Heat System:Radiator: Yes
  • Transportation:Deep Water Access: Yes
  • Site:Cul-De-Sac: Yes
  • Style:Saltbox: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Transportation:Rail Available: Yes
  • Condominium:_pound_ of Buildings: 4
  • Energy Efficiency:LED Light Fixtures: Yes
  • Style:Townhouse: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Number Of Buildings: 4
  • Appliances: Washer, Refrigerator, Microwave, Dryer, Dishwasher
  • Has Basement: Finished, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 250.0
  • Fireplace: No
  • Interior Amenities: Shower
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Third
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Cul-De-Sac, Level, Open Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Radiator, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Dogs Allowed

Schools

  • Junior High Dist: RSU 23

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: OOBH-000210-000002-000054-000004
  • Zoning: R-4

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 3434.0
  • Tax Book Number: 17420
  • Tax Lot: 2
  • Tax Map Number: 210
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Spinney Elizabeth and Spinney K
Bought by
Spinney Kenneth
Current Estimated Value
$463,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,770
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2017
Sold by
Spinney 2Nd Kenneth and Spinney Elizabeth
Bought by
Spinney 2Nd Kenneth and Spinney Elizabeth

Purchase Details

Closed on
Jul 12, 2005
Sold by
Kennedy Nancy
Bought by
Spinney Elizabeth and Spinney Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,300
Interest Rate
5.71%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Spinney Kenneth -- First American Title
Spinney 2Nd Kenneth -- --
Spinney Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spinney Kenneth $205,770
Previous Owner Spinney Elizabeth $215,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold $410,000 +2.5% $200 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $399,900 -- $195 / 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 $4,686 $430,700 $16,900 $413,800
2023 $4,452 $390,500 $15,100 $375,400
2022 $4,053 $331,100 $13,700 $317,400
2021 $3,434 $242,500 $13,700 $228,800
2020 $2,843 $209,400 $12,600 $196,800
2019 $3,246 $209,400 $12,600 $196,800
2018 $3,011 $211,600 $12,600 $199,000
2017 $3,270 $208,300 $11,200 $197,100
2016 $3,247 $210,000 $10,800 $199,200
2015 $3,188 $210,000 $10,800 $199,200
2014 $3,125 $210,000 $10,800 $199,200
2013 $2,898 $210,000 $10,800 $199,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1521943

Maine Listings

APN: OOBH-000210-000002-000054-000004