NOT LISTED FOR SALE

16 Smithwheel Rd Unit 14 Old Orchard Beach, ME 04064

Estimated Value: $192,000 - $216,000

1 Bed
1 Bath
735 Sq Ft
$145/mo HOA Fee

Last Sold March 11, 2016

Last sale price $52,500 $71 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $1,406/month

17 Days on Market

Highlights

  • Public Beach
  • Property is near public transit
  • Living Room
  • 0.58 Acre Lot
  • Main Floor Bedroom
  • Baseboard Heating

About This Home

As of March 2016

Great opportunity to own a property in Old Orchard Beach. Close to beaches, golf, turnpike, Amtrak, shopping and more. Pet friendly building with on-site laundry. Fantastic rental history!

Last Agent to Sell the Property

Kathryn Dyer

Portland's Choice Realty, LLC Listed on: 01/20/2016

Last Buyer's Agent

Kathryn Dyer

Portland's Choice Realty, LLC Listed on: 01/20/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,135

Year Built

  • Built in 1987

Lot Details

  • Public Beach
  • Open Lot

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 735 Sq Ft Home
  • Multi-Level Property
  • Living Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

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

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 53-14 / 2
  • Assessor Parcel Number OOBH-000210-000002-000053-000014

Community Details

Overview

  • 18 Units
  • Pine Crest Condominiums Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,135

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: 0.58
  • MLS Status: Closed
  • Subdivision Name: Pine Crest Condominiums
  • Above Grade Finished Sq Ft: 735.0
  • Architectural Style: Multi-Level
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.58
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 735.0
  • 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
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: 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
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 18
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Location:Near Railroad: Yes
  • Condominium:Total Units4: 18
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: 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
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • 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: 145.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25264.8
  • Parcel #: OOBH-000210-000002-000053-000014
  • Zoning: R-4

Multi Family

  • Number Of Units In Community: 18
  • Number Of Units Total: 18

Tax Info

  • Tax Annual Amount: 1135.0
  • Tax Block: 2
  • Tax Book Number: 16498
  • Tax Lot: 53-14
  • Tax Map Number: 210
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
Mar 16, 2016
Sold by
Nyitray Julia
Bought by
Millette Deborah D and Millette Robert R
Seller's Agent
Kathryn Dyer
Portland's Choice Realty, LLC
Buyer's Agent
Kathryn Dyer
Portland's Choice Realty, LLC
List Price
$54,000
Sold Price
$52,500
Premium/Discount to List
-$1,500
-2.78%
Current Estimated Value
$210,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,666
Avg. Annual Appreciation
15.44%
Original Mortgage
$42,000
Outstanding Balance
$33,768
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$169,594

Purchase Details

Listed on
Jul 9, 2012
Closed on
Jan 2, 2013
Sold by
Sayers Kimberly and Sullivan Kimberly
Bought by
Nyitray Julia
Seller's Agent
Kelley MacLennan
Harborview Properties, Inc.
Buyer's Agent
Kelley MacLennan
Harborview Properties, Inc.
List Price
$60,000
Sold Price
$49,000
Premium/Discount to List
-$11,000
-18.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.19%
Original Mortgage
$4,900
Interest Rate
3.35%
Mortgage Type
New Conventional
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
Millette Deborah D -- --
Nyitray Julia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millette Deborah D $42,000
Previous Owner Nyitray Julia $4,900
Previous Owner Nyitray Julia $39,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $52,500 -2.8% $71 / Sq Ft
02/07/2016 02/07/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $54,000 +10.2% $73 / Sq Ft
12/31/2012 12/31/12 Sold $49,000 -18.3% $67 / Sq Ft
10/14/2012 10/14/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $60,000 -- $82 / 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 $1,323 $121,600 $7,400 $114,200
2023 $1,316 $115,400 $6,600 $108,800
2022 $1,222 $99,800 $5,900 $93,900
2021 $1,069 $75,500 $5,900 $69,600
2020 $1,082 $70,200 $5,400 $64,800
2019 $1,088 $70,200 $5,400 $64,800
2018 $1,136 $71,700 $5,400 $66,300
2017 $1,102 $70,200 $4,600 $65,600
2016 $1,180 $76,300 $4,600 $71,700
2015 $1,158 $76,300 $4,600 $71,700
2014 $1,135 $76,300 $4,600 $71,700
2013 -- $76,300 $4,600 $71,700
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1248636

Maine Listings

APN: OOBH-000210-000002-000053-000014