NOT LISTED FOR SALE

16 Smithwheel Rd Unit 7 Old Orchard Beach, ME 04064

Estimated Value: $211,000 - $270,000

2 Beds
1 Bath
910 Sq Ft
$150/mo HOA Fee

Last Sold August 31, 2021

Last sale price $141,000 $155 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,512/month

1 Day on Market

Highlights

  • Public Beach
  • Colonial Architecture
  • Baseboard Heating
  • 0.58 Acre Lot
  • Living Room
  • Coin Laundry

About This Home

As of August 2021

This home is located at 16 Smithwheel Rd Unit 7, Old Orchard Beach, ME 04064 since 21 July 2021 and is currently estimated at $232,093, approximately $255 per square foot. This property was built in 1987. 16 Smithwheel Rd Unit 7 is a home located in York County with nearby schools including Jameson Elementary School, Loranger Memorial School, and Old Orchard Beach High School.

Last Agent to Sell the Property

Bob Magazu

EXP Realty Listed on: 07/21/2021

EXP Realty

Last Buyer's Agent

Peter Beyeler

Maineland Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1987

Lot Details

  • Public Beach

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 910 Sq Ft Home
  • Living Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking

Utilities

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

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 53 / 2
  • Assessor Parcel Number 16smithwheelroadoldorchardbeach04064

Community Details

Overview

  • 12 Units

Amenities

  • Coin Laundry

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,397

Year Built

Built in 1987

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.58
  • MLS Status: Closed
  • Directions: Smithwheel to # 16.
  • Above Grade Finished Sq Ft: 910.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 150.55
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.58
  • 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
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 150.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 12
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Roof:Composition2: Yes
  • Location:Near Public Beach: Yes
  • Style:Colonial: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Condominium:Total Units4: 12
  • Amenities:Laundry - Coin: Yes
  • Restrictions:Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: Affordable 2 bedroom condo, walking distance to coffee shops, restaurants, easy access to turnpike. Short drive to beach, antique store and down town . Very low condo fees. Great opportunity to own your own home. Coin op laundry on same floor as unit. Why rent when you can own?
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Open Lot, Near Public Beach, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Other, Wood Frame
  • Roof: Other, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25264.8
  • Parcel #: 16smithwheelroadoldorchardbeach04064
  • Zoning: r4

Multi Family

  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 1397.0
  • Tax Block: 2
  • Tax Lot: 53
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 2, 2021
Sold by
Shea Maureen M
Bought by
Beyeler Peter W
Seller's Agent
Bob Magazu
EXP Realty
Buyer's Agent
Peter Beyeler
Maineland Real Estate
List Price
$137,000
Sold Price
$141,000
Premium/Discount to List
$4,000
2.92%
Current Estimated Value
$232,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,093
Avg. Annual Appreciation
12.47%
Original Mortgage
$105,750
Outstanding Balance
$96,081
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$136,012
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
Beyeler Peter W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beyeler Peter W $105,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $141,000 +2.9% $155 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $137,000 -- $151 / 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 -- $98,400 $4,600 $93,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bob Magazu

    EXP Realty

    (800) 450-7784

    20 in this area

    41 Total Sales

    Bob Magazu
    Section Image

  • P

    Buyer's Agent in 2021

    Peter Beyeler

    Maineland Real Estate

    (207) 303-8072

    4 in this area

    6 Total Sales

    Peter Beyeler
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1501546

Maine Listings

APN: OOBH-000210-000002-000053-000007

Maine York County Old Orchard Beach 04064

16 Smithwheel Rd Unit 7, Old Orchard Beach, ME

Not Listed for Sale

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