NOT LISTED FOR SALE

16 Smithwheel Rd Unit 5 Old Orchard Beach, ME 04064

Estimated Value: $173,000 - $220,000

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

Last Sold May 29, 2014

Last sale price $55,000 $75 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $1,348/month

60 Days on Market

Highlights

  • Ranch Style House
  • Baseboard Heating
  • Carpet
  • Living Room
  • Level Lot

About This Home

As of May 2014

Why rent when you can own for less? Garden level one bedroom condominium, off street reserved parking, shared laundry . Short distance to public beaches, easy access to Interstate. Proof of funds required. Minimum EMD $1,000.

Last Agent to Sell the Property

Kathleen Phillips LaBombard

Ocean Gate Realty, LLC. Listed on: 02/27/2014

Last Buyer's Agent

Kathleen Phillips LaBombard

Ocean Gate Realty, LLC. Listed on: 02/27/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $926

Year Built

  • Built in 1987

Lot Details

  • 0.59

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Flat Roof Shape
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1 Bedroom
  • 735 Sq Ft Home
  • Living Room

Flooring

  • Carpet
  • Vinyl

Parking

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

Location

  • Suburban Location

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • Sewer Not Available

Community Details

  • 18 Units
  • Pine Crest Condominium Association Subdivision

Listing and Financial Details

  • Legal Lot and Block 053 / 0002
  • Assessor Parcel Number 16Smithwheel Road5OldOrcha002100002053

Property Details

Home Type

Condominium

Est. Annual Taxes

$926

Year Built

Built in 1987

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Pine Crest Condominium Association
  • Directions: Saco Avenue (Rte 5) to Smithwheel Road to #16 on right - Pinecrest Condos.
  • Above Grade Finished Sq Ft: 735.0
  • Architectural Style: Ranch
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 74.83
  • Property Information:Seasonal: No
  • 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
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: 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
  • Location:Suburban: Yes
  • Style:Ranch: Yes
  • Parking:On Site2: Yes
  • Gas:Natural - At Street: Yes
  • Sewer:None4: Yes
  • Roof:Flat: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Total Bedrooms: 1
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Flat

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: None
  • 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
  • Parcel #: 16Smithwheel Road5OldOrcha002100002053
  • Zoning: Res

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 926.0
  • Tax Block: 0002
  • Tax Lot: 053
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2014
Closed on
Jun 11, 2014
Sold by
Bank Of America Na
Bought by
Delage Norman M and Delage Barbara C
Seller's Agent
Kathleen Phillips LaBombard
Ocean Gate Realty, LLC.
Buyer's Agent
Kathleen Phillips LaBombard
Bay Realty
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Current Estimated Value
$207,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,594
Avg. Annual Appreciation
12.21%

Purchase Details

Closed on
Mar 3, 2014
Sold by
Bank Of America Na
Bought by
Bank Of America N A

Purchase Details

Closed on
Feb 13, 2006
Sold by
Zinck Peter J
Bought by
Shaffer Robert A and Spann Jason J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delage Norman M -- --
Delage Norman M -- --
Bank Of America N A -- --
Bank Of America N A -- --
Shaffer Robert A -- --
Shaffer Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaffer Robert A $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2014 05/29/14 Sold $55,000 -21.3% $75 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $69,900 -- $95 / 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 $1,053 $76,300 $4,600 $71,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1123834

Maine Listings

APN: OOBH-000210-000002-000053-000005

Maine York County Old Orchard Beach 04064

16 Smithwheel Rd Unit 5, Old Orchard Beach, ME

Not Listed for Sale

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