NOT LISTED FOR SALE

161 Saco Ave Unit 316 Old Orchard Beach, ME 04064

Estimated Value: $308,000 - $325,000

2 Beds
2 Baths
1,100 Sq Ft
$225/mo HOA Fee

Last Sold February 27, 2019

Last sale price $141,660 $129 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,145/month

40 Days on Market

Highlights

  • Nearby Water Access
  • 5 Acre Lot
  • En-Suite Primary Bedroom
  • Public Beach
  • Double Pane Windows
  • 1-minute walk to Old Orchard Beach Recreation

About This Home

As of February 2019

Jameson Woods condo in quiet location towards back of complex and conveniently located for commuting and beach access. Private second floor unit has 2 bedrooms, 2 baths. Seller offering $3000 flooring allowance at closing so buyer can select to their taste. New refrigerator, second bath has walk-in shower. Kitchen with breakfast bar and opens to dining area. Windows replaced and association has replaced the roof. Owners may have one small dog or a cat. Complex is FHA approved.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 11/29/2018

Last Buyer's Agent

Nancy Keast

Century 21 First Choice Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,165

Year Built

  • Built in 1986

Lot Details

  • Public Beach
  • Landscaped

HOA Fees

  • $225 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,100 Sq Ft Home
  • Double Pane Windows

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

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
  • Property is near a golf course

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 13 / 2
  • Assessor Parcel Number OOBH-000207-000002-000013-000316

Community Details

Overview

  • 4 Units
  • Jameson Woods Subdivision
  • FHA/VA Approved Complex

Amenities

  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,165

Year Built

Built in 1986

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 5.0
  • MLS Status: Closed
  • Subdivision Name: Jameson Woods
  • Directions: Saco Ave to Jameson Woods, unit 316 to right in rear of the building on second floor.
  • Above Grade Finished Sq Ft: 1100.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 136.27
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1100.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: 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:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 225.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 4
  • Driveway:Common2: Yes
  • Restrictions:Breed Restrictions: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Kitchen Countertop:Formica: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Condominium:VA Certification: No
  • Restrictions:Pet Weight Limit: Yes
  • Restrictions:_one_ Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: Great location near the beach & easy access for commuting. Private unit on top floor is in the back of the complex. Call Nancy Z Moreshead for more details 207-329-3545. www.nancyzsellsbythesea.com. Best Maine Beach Properties, 207-934-1600, nancyzbythesea@gmail.com. $3000 buyer allowance at closing for flooring, owners may have a small dog.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Storage, Primary Bedroom w/Bath

Exterior Features

  • Lot Features: Level, Landscaped, Near Golf Course, Near Public Beach, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • 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: 225.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 1 Pet, Breed Restrictions, Other Restrictions, Size Limit

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 217800.0
  • Parcel #: OOBH-000207-000002-000013-000316
  • Zoning: DZ

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 2165.0
  • Tax Block: 2
  • Tax Lot: 13
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2023
Sold by
Dowling James E and Dowling Marilisa A
Bought by
Dowling Realty Mgmt Llc
Current Estimated Value
$316,845

Purchase Details

Listed on
Nov 29, 2018
Closed on
Feb 27, 2019
Sold by
Andrews Sandra L and Ford Dennis M
Bought by
Dowling James E and Dowling Marilisa A
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Nancy Keast
Century 21 First Choice Realty
List Price
$155,000
Sold Price
$141,660
Premium/Discount to List
-$13,340
-8.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$106,245
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Dowling Realty Mgmt Llc -- None Available
Dowling Realty Mgmt Llc -- None Available
Dowling James E -- --
Dowling James E -- --
Dowling James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dowling James E $106,245
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2019 02/27/19 Sold $141,660 -8.6% $129 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
11/29/2018 11/29/18 For Sale $155,000 -- $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 $3,100 $284,900 $10,900 $274,000
2023 $2,980 $261,400 $8,700 $252,700
2022 $2,747 $224,400 $8,700 $215,700
2021 $2,489 $175,800 $8,700 $167,100
2020 $2,182 $141,500 $8,700 $132,800
2019 $2,193 $141,500 $8,700 $132,800
2018 $1,763 $141,500 $8,700 $132,800
2017 $1,769 $112,700 $6,500 $106,200
2016 $1,852 $119,800 $6,500 $113,300
2015 $1,819 $119,800 $6,500 $113,300
2014 $1,783 $119,800 $6,500 $113,300
2013 $1,689 $122,400 $6,500 $115,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1377583

Maine Listings

APN: OOBH-000207-000002-000013-000316