NOT LISTED FOR SALE

16 Smithwheel Rd Unit 17 Old Orchard Beach, ME 04064

Estimated Value: $193,000 - $217,000

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

Last Sold November 22, 2017

Last sale price $71,500 $97 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,383/month

1 Day on Market

Highlights

  • Public Beach
  • 0.59 Acre Lot
  • Eat-In Kitchen
  • Country Club
  • Property is near public transit
  • Living Room

About This Home

As of November 2017

Owning could cost less than renting! Affordable One-level living, very efficient 1 BR condo, so easy to maintain. Close to beaches, town, I-95, shopping, and so much more. Ready for you to move in full time, or for your home away from home. Fresh paint, new dishwasher, bathroom sink, and new interior doors.

Last Agent to Sell the Property

Steven Drew

Bean Group Listed on: 10/02/2017

Co-Listed By

John Marquis

Bean Group

Last Buyer's Agent

Statie Luxton

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1987

Lot Details

  • Public Beach
  • Landscaped

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 735 Sq Ft Home
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Location

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

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Propane
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 53-17 / 2
  • Assessor Parcel Number OOBH-000210-000002-000053-000017

Community Details

Overview

  • 18 Units
  • Pine Crest Condo Association Subdivision

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,180

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
  • Co List Office Mls Id: 2868
  • Co List Office Phone: 207-839-4141
  • MLS Status: Closed
  • Subdivision Name: Pine Crest Condo Association
  • Directions: I-95 to Saco exit, straight to Ocean Park Road, to left onto Smithwheel Road to 16
  • Above Grade Finished Sq Ft: 735.0
  • Architectural Style: Other Style
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.59
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 735.0
  • Site:Level: Yes
  • Site:Well Landscaped: 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
  • 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
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 18
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Roof:Composition2: Yes
  • Location:Near Public Beach: Yes
  • Basement:Slab2: Yes
  • Kitchen Countertop:Formica: Yes
  • Location:Near Country Club: Yes
  • Heat System:Space Heater: Yes
  • Location:Near Railroad: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Kitchen Kitchen Level: Upper
  • Living Room Living Room Level: Upper

Exterior Features

  • Lot Features: Level, Landscaped, Intown, 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: Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, 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
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25700.4
  • Parcel #: OOBH-000210-000002-000053-000017
  • Zoning: R4

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 1180.0
  • Tax Block: 2
  • Tax Book Number: 17091
  • Tax Lot: 53-17
  • Tax Map Number: 210
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Nov 27, 2017
Sold by
Bourget Douglas A
Bought by
Millette Robert R and Millette Deborah
Seller's Agent
Steven Drew
Bean Group
Buyer's Agent
Statie Luxton
Coldwell Banker Realty
List Price
$75,000
Sold Price
$71,500
Premium/Discount to List
-$3,500
-4.67%
Current Estimated Value
$202,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,048
Avg. Annual Appreciation
14.40%
Original Mortgage
$56,600
Outstanding Balance
$48,060
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$150,117

Purchase Details

Listed on
Jun 16, 2014
Closed on
Sep 4, 2015
Sold by
Jensen Jason
Bought by
Bourget Douglas A
Seller's Agent
Brian Linscott
Linscott Real Estate
Buyer's Agent
John Marquis
Bean Group
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.40%
Original Mortgage
$40,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2005
Sold by
Duffield Michael J
Bought by
Jensen Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
10%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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 Robert R -- --
Bourget Douglas A -- --
Jensen Jason -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millette Robert R $56,600
Previous Owner Bourget Douglas A $40,000
Previous Owner Jensen Jason $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2017 11/22/17 Sold $71,500 -4.7% $97 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $75,000 +50.0% $102 / Sq Ft
08/31/2015 08/31/15 Sold $50,000 -8.9% $68 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
06/16/2014 06/16/14 For Sale $54,900 -- $75 / 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 $1,097 $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: 1328236

Maine Listings

APN: OOBH-000210-000002-000053-000017