NOT LISTED FOR SALE

16 Smithwheel Rd Unit 18 Old Orchard Beach, ME 04064

Estimated Value: $218,000 - $270,000

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

Last Sold July 31, 2018

Last sale price $118,000 $130 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,563/month

96 Days on Market

Highlights

  • Nearby Water Access
  • 0.59 Acre Lot
  • Tile Flooring
  • Public Beach
  • Living Room
  • Dining Room

About This Home

As of July 2018

Move right into this affordable and energy efficient unit. This 2 bedroom unit has been recently painted, newer carpet,tile flooring in kitchen and bathroom, newer energy efficient windows and water heater, and SS appliances. Unit benefits from the sun throughout the day resulting in lower energy bills. All around great value! Pet friendly, close to the beach, and easy access to the turnpike.

Last Agent to Sell the Property

Deja Lett

Keller Williams Realty Listed on: 04/13/2018

Keller Williams Realty

Last Buyer's Agent

Bailey Pate

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,429

Year Built

  • Built in 1987

Lot Details

  • 0.59

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 910 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Utilities

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

Additional Features

  • Nearby Water Access
  • Public Beach

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 16Smithwheel Road18OldOrcha21053

Community Details

Overview

  • 18 Units
  • Pinecrest Subdivision

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,429

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
  • Subdivision Name: Pinecrest
  • Directions: Route 1 to Ocean Park Road to Route 5, left onto Smithwheel Road. #16 is on the right. 3rd floor, end of Hallway on the right.
  • Above Grade Finished Sq Ft: 910.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 129.67
  • 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
  • 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:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: 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
  • Style:Garden: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Condominium:Total Units4: 18
  • Restrictions:_two_ Pets: Yes
  • Restrictions:Pet Weight Limit: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: Move right into this affordable and energy efficient unit. This 2 bedroom unit has been recently painted, newer carpet,tile flooring in kitchen and bathroom, newer energy efficient windows and water heater, and SS appliances. Unit benefits from the sun throughout the day resulting in lower energy bills. All around great value! Pet friendly, close to the beach, and easy access to the turnpike.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Dining Room Dining Room Level: Upper
  • Kitchen Kitchen Level: Upper
  • Living Room Living Room Level: Upper
  • Primary Bedroom Primary Bedroom Level: Upper
  • Bedroom 1:Bedroom 1 Level: Upper

Exterior Features

  • Lot Features: Level, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • 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: 2 Pets, Other Restrictions, Size Limit

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25700.4
  • Parcel #: 16Smithwheel Road18OldOrcha21053
  • Zoning: R4

Multi Family

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

Tax Info

  • Tax Annual Amount: 1429.0
  • Tax Lot: 53
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Aug 1, 2018
Sold by
Gazarian Frank R and Lento-Gazarian Karen
Bought by
Mcleod Nicole
Seller's Agent
Deja Lett
Keller Williams Realty
Buyer's Agent
Bailey Pate
Keller Williams Realty
List Price
$127,900
Sold Price
$118,000
Premium/Discount to List
-$9,900
-7.74%
Current Estimated Value
$242,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,761
Avg. Annual Appreciation
10.30%
Original Mortgage
$114,460
Outstanding Balance
$99,404
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$143,357

Purchase Details

Closed on
Aug 3, 2009
Sold by
Garrigus Mark P
Bought by
Gazarian Farnk R and Gazarian Karen Lento
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcleod Nicole -- --
Gazarian Farnk R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcleod Nicole $114,460
Previous Owner Gazarian Farnk R $1,229,030
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $118,000 -7.7% $130 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $127,900 -- $141 / 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

  • Deja Lett

    Seller's Agent in 2018

    Deja Lett

    Keller Williams Realty

    (207) 415-8204

    40 in this area

    167 Total Sales

    Deja Lett
    Section Image

  • B

    Buyer's Agent in 2018

    Bailey Pate

    Keller Williams Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1344456

Maine Listings

APN: OOBH-000210-000002-000053-000018

Maine York County Old Orchard Beach 04064

16 Smithwheel Rd Unit 18, Old Orchard Beach, ME

Not Listed for Sale

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