NOT LISTED FOR SALE

16 Smithwheel Rd Unit 15 Old Orchard Beach, ME 04064

Estimated Value: $215,000 - $262,000

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

Last Sold December 20, 2019

Last sale price $104,500 $115 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,532/month

4 Days on Market

Highlights

  • 0.59 Acre Lot
  • 1-Story Property
  • Heating System Uses Propane
  • Contemporary Architecture
  • Open Lot

About This Home

As of December 2019

Affordable 2 Bedroom 1 bath condo in Old Orchard Beach. Rinanni heating system. All appliances are included. Laundry on same floor. Pet friendly.

Last Agent to Sell the Property

Robert Magazu

Bean Group Listed on: 10/28/2019

Last Buyer's Agent

Marc Cardullo

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1987

Lot Details

  • 0.59

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 910 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • 16 Units

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 53-15 / 2
  • Assessor Parcel Number OOBH-000210-000002-000053-000015

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
  • MLS Status: Closed
  • Directions: Smithwheel to #16. Drive in. Unit #15 on top floor
  • Above Grade Finished Sq Ft: 910.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • 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:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: 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
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 16
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Floors:Laminate: Yes
  • Heat System:Direct Vent Heater: Yes
  • Condominium:_pound_ of Buildings: 1
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: Open Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Other, Wood Frame
  • Roof: Other, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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-000210-000002-000053-000015
  • Zoning: r4

Multi Family

  • Number Of Units In Community: 16

Tax Info

  • Tax Annual Amount: 1417.0
  • Tax Block: 2
  • Tax Book Number: 17648
  • Tax Lot: 53-15
  • Tax Map Number: 210
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Dec 20, 2019
Sold by
Archambault Scott
Bought by
Cardullo Sophia and Cardullo Annette
Seller's Agent
Robert Magazu
Bean Group
Buyer's Agent
Marc Cardullo
Coldwell Banker Realty
List Price
$109,500
Sold Price
$104,500
Premium/Discount to List
-$5,000
-4.57%
Current Estimated Value
$233,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,800
Avg. Annual Appreciation
14.85%
Original Mortgage
$83,600
Outstanding Balance
$73,705
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$159,595

Purchase Details

Listed on
Aug 9, 2017
Closed on
Jan 24, 2018
Sold by
Bigler-Bowman Susan and Bowman Susan B
Bought by
Archambault Sott
Seller's Agent
Claire Garvey
Keller Williams Realty
Buyer's Agent
Adam Parent
Keller Williams Realty
List Price
$93,500
Sold Price
$94,400
Premium/Discount to List
$900
0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$95,353
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2006
Sold by
Bigler Susan C
Bought by
Gilbert James E
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
Cardullo Sophia -- None Available
Archambault Sott -- --
Gilbert James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardullo Sophia $83,600
Previous Owner Archambault Sott $95,353
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2019 12/20/19 Sold $104,500 -4.6% $115 / Sq Ft
11/02/2019 11/02/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $109,500 +16.0% $120 / Sq Ft
01/24/2018 01/24/18 Sold $94,400 +1.0% $104 / Sq Ft View Prior Sale
12/14/2017 12/14/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $93,500 -- $103 / 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 $1,417 $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 $1,358 $98,400 $4,600 $93,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1437542

Maine Listings

APN: OOBH-000210-000002-000053-000015