$50,000
SOLD AUG 31, 2015

16 Smithwheel Rd Unit 17 Old Orchard Beach, ME 04064

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

Recently Sold

$68 Per Sq Ft

9% Below List Price

220 Days on Market

Highlights

  • 1 Acre Lot
  • Living Room
  • Baseboard Heating
  • Contemporary Architecture
  • Tile Flooring
  • Level Lot

About This Home

As of November 2017

Conveniently located to Saco center yet a 5 minute drive to all the festivities at Old Orchard Beach. Sale is subject to 3rd party approval.

Last Agent to Sell the Property

Brian Linscott

Linscott Real Estate Listed on: 06/16/2014

Last Buyer's Agent

John Marquis

Bean Group

Bean Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1987

HOA Fees

  • $145 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 735 Sq Ft Home
  • Living Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Upstairs

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 18 Units
  • Pine Crest Condominium Association Subdivision

Listing and Financial Details

  • Legal Lot and Block 53-17 / 2
  • Assessor Parcel Number 16Smithwheel Road17OldOrcha210253-17

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,064

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: 1.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Pine Crest Condominium Association
  • Directions: 95 to Saco exit to 195. Cont straight to Ocean Park Rd north to left onto Smithwheel Rd.
  • Above Grade Finished Sq Ft: 735.0
  • Architectural Style: Contemporary
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:SqFt Finished Above Grade: 735.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: 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
  • Roof:Composition2: Yes
  • Basement:Slab2: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 1
  • Kitchen Kitchen Level: Upper
  • Living Room Living Room Level: Upper
  • Primary Bedroom Primary Bedroom Level: Upper

Exterior Features

  • Lot Features: Level, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • 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
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 16Smithwheel Road17OldOrcha210253-17
  • Zoning: R4

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 1064.0
  • Tax Block: 2
  • Tax Book Number: 14448
  • Tax Lot: 53-17
  • Tax Map Number: 210
  • Tax Year: 2014

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
$203,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,299
Avg. Annual Appreciation
14.59%
Original Mortgage
$56,600
Outstanding Balance
$48,060
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$155,739

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

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 Type Sale Price Title Company
Warranty Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,600 New Conventional
Previous Owner $40,000 New Conventional
Previous Owner $88,500 Adjustable Rate Mortgage/ARM
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

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1140652

Maine Listings

APN: OOBH-000210-000002-000053-000017