NOT LISTED FOR SALE

16 Smithwheel Rd Unit 1 Old Orchard Beach, ME 04064

Estimated Value: $198,000 - $234,778

2 Beds
1 Bath
910 Sq Ft
$145/mo HOA Fee

Last Sold January 17, 2020

Last sale price $119,000 $131 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,542/month

Highlights

  • Public Beach
  • Colonial Architecture
  • 1-Story Property
  • 0.59 Acre Lot
  • Wood Flooring
  • Baseboard Heating

About This Home

As of January 2020

Welcome to Pine Crest Condominiums, one of Old Orchard Beach's most affordable condos.Garden level condo.
All appliances are included with the sale of the home. Short distance to the beach. Walk to Coffee shops and restaurants. Easy access to 95 north and south. Pet friendly. A great year round or investment property

Last Agent to Sell the Property

Robert Magazu

Bean Group Listed on: 12/09/2019

Last Buyer's Agent

Carrie Scoville Amy Foley

The Maine Real Estate Network

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1987

Lot Details

  • Public Beach
  • Open Lot

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 910 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking

Utilities

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

Listing and Financial Details

  • Tax Lot 53-1
  • Assessor Parcel Number OOBH-000210-000002-000053-000001

Community Details

Overview

  • 18 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,417

Year Built

Built in 1987

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.59
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Coming from Saco Avenue, Old Orchard Beach, take E.E. cummings blvd to smithwheel almost to end. Small complex on left
  • Above Grade Finished Sq Ft: 910.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.59
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 910.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 145.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 18
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Near Shopping
  • Waterfront: No
  • Construction Type: Other, Wood Frame
  • Roof: Other, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

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: 145.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25700.4
  • Parcel #: OOBH-000210-000002-000053-000001
  • Zoning: r4

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 1417.0
  • Tax Book Number: 17336
  • Tax Lot: 53-1
  • Tax Map Number: 210
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Hann Joseph P and Hann Annmarie
Bought by
Dagraca Michael
Current Estimated Value
$228,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,050
Outstanding Balance
$140,626
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$87,700

Purchase Details

Listed on
Dec 9, 2019
Closed on
Jan 17, 2020
Sold by
Kidnay Timothy L
Bought by
Hann Joseph P and Hann Annmarie
Seller's Agent
Robert Magazu
Bean Group
Buyer's Agent
Carrie Scoville Amy Foley
The Maine Real Estate Network
List Price
$118,900
Sold Price
$119,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$101,150
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2015
Closed on
Oct 6, 2016
Sold by
Walters Lawrence S
Bought by
Kidnay Timothy L
Seller's Agent
Diane Denton
Coldwell Banker Realty
Buyer's Agent
Debra Sileo
Bean Group
List Price
$107,000
Sold Price
$93,000
Premium/Discount to List
-$14,000
-13.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$94,673
Interest Rate
3.43%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Jan 9, 2006
Sold by
Walters Edward S
Bought by
Walters Lawrence S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
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
Dagraca Michael -- Misc Company
Hann Joseph P -- None Available
Kidnay Timothy L -- --
Walters Lawrence S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dagraca Michael $25,000
Open Dagraca Michael $155,050
Previous Owner Hann Joseph P $101,150
Previous Owner Kidnay Timothy L $94,673
Previous Owner Walters Lawrence S $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $119,000 +0.1% $131 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $118,900 +27.8% $131 / Sq Ft
09/30/2016 09/30/16 Sold $93,000 -13.1% $102 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
06/18/2015 06/18/15 For Sale $107,000 -- $118 / 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 $1,742 $160,100 $7,400 $152,700
2023 $1,733 $152,000 $6,600 $145,400
2022 $1,570 $128,300 $5,900 $122,400
2021 $1,381 $97,500 $5,900 $91,600
2020 $1,399 $90,700 $5,400 $85,300
2019 $1,406 $90,700 $5,400 $85,300
2018 $1,467 $92,600 $5,400 $87,200
2017 $1,427 $90,900 $4,600 $86,300
2016 $1,521 $98,400 $4,600 $93,800
2015 $1,494 $98,400 $4,600 $93,800
2014 $1,464 $98,400 $4,600 $93,800
2013 -- $98,400 $4,600 $93,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Robert Magazu

    Bean Group

  • C

    Buyer's Agent in 2020

    Carrie Scoville Amy Foley

    The Maine Real Estate Network

  • Amy Foley

    Buyer's Agent in 2020

    Amy Foley

    Signature Homes Real Estate Group, LLC

    (207) 730-3071

    11 in this area

    617 Total Sales

    Section Image
  • Diane Denton

    Seller's Agent in 2016

    Diane Denton

    Coldwell Banker Realty

    (207) 229-3838

    3 in this area

    15 Total Sales

    Section Image

  • D

    Buyer's Agent in 2016

    Debra Sileo

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1440558

Maine Listings

APN: OOBH-000210-000002-000053-000001

Maine York County Old Orchard Beach 04064

16 Smithwheel Rd Unit 1, Old Orchard Beach, ME

This home is located at 16 Smithwheel Rd Unit 1, Old Orchard Beach, ME 04064 since 09 December 2019 and is currently estimated at $221,945, approximately $243 per square foot. This property was built in 1987. 16 Smithwheel Rd Unit 1 is a home located in York County with nearby schools including Jameson Elementary School, Loranger Memorial School, and Old Orchard Beach High School.

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