NOT LISTED FOR SALE

18 Smithwheel Rd Unit 62 Old Orchard Beach, ME 04064

Estimated Value: $243,000 - $260,000

2 Beds
1 Bath
790 Sq Ft
$200/mo HOA Fee

Last Sold June 28, 2024

Last sale price $245,000 $310 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,697/month

Highlights

  • Ocean Front
  • Public Beach
  • 3.35 Acre Lot
  • Nearby Water Access
  • Country Club
  • Colonial Architecture

About This Home

As of June 2024

Why rent when you can own? This well maintained 2 bedroom condo features an open concept living space with a large living room area with plenty of natural light, and a spacious kitchen. This is perfect for the first time home owner or investor. Located just a short distance the the 7 miles of beach and all the amenities that Old Orchard Beach has to offer.

Last Agent to Sell the Property

Steve & Jennifer Erickson

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 05/29/2024

Coldwell Banker Realty

Last Buyer's Agent

Katherine Somes

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,289

Year Built

  • Built in 2008

Lot Details

  • Ocean Front
  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 790 Sq Ft Home
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 6-62 / 2
  • Assessor Parcel Number 18smithwheelroadunit62oldorchardbeachmaine04064

Community Details

Overview

  • 18 Units

Recreation

  • Country Club

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,289

Year Built

Built in 2008

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 3.35
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Saco Avenue turn on Smithwheel Road by Dunkin Donuts. Follow about1/4 mile and the building is on the right. See sign
  • Above Grade Finished Sq Ft: 790.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 2008
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 301.9
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.35
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 790.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: 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
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 18
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Location:Near Railroad: Yes
  • Restrictions:_two_ Pets: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: No
  • Advertising Remarks:Advertising Remarks: Why rent when you can own? This well maintained 2 bedroom condo features an open concept living space with a large living room area with plenty of natural light, and a spacious kitchen. This is perfect for the first time home owner or investor. Located just a short distance the the 7 miles of beach and all the amenities that Old Orchard Beach has to offer.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bathtub, One-Floor Living
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets, No Dogs Allowed, Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 145926.0
  • Parcel #: 18smithwheelroadunit62oldorchardbeachmaine04064
  • Zoning: R-4

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 2289.0
  • Tax Block: 2
  • Tax Lot: 6-62
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jun 28, 2024
Sold by
Mogens Ravn T and Mogens Ravn
Bought by
Mccormick Mischelle
Seller's Agent
Steve & Jennifer Erickson
Coldwell Banker Realty
Buyer's Agent
Katherine Somes
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$238,500
Sold Price
$245,000
Premium/Discount to List
$6,500
2.73%
Views
9
Current Estimated Value
$248,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,794
Avg. Annual Appreciation
1.09%
Original Mortgage
$171,500
Outstanding Balance
$169,159
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$79,635

Purchase Details

Listed on
Feb 26, 2021
Closed on
Jun 11, 2021
Sold by
Main Kelly
Bought by
Mogens Ravn T and Mogens Ravn
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Melissa Rioux
EXP Realty
List Price
$149,000
Sold Price
$175,000
Premium/Discount to List
$26,000
17.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%

Purchase Details

Closed on
Oct 7, 2009
Sold by
Custom Built Homes Maine
Bought by
Main Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,900
Interest Rate
5.14%
Mortgage Type
Unknown
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
Mccormick Mischelle $245,000 None Available
Mccormick Mischelle $245,000 None Available
Mogens Ravn T -- Misc Company
Mogens Ravn T -- Misc Company
Mogens Ravn T -- Misc Company
Main Kelly M -- --
Custom Built Homes Maine -- --
Main Kelly M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Mischelle $171,500
Closed Mccormick Mischelle $171,500
Previous Owner Main Kelly M $108,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $245,000 +2.7% $310 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $238,500 +36.3% $302 / Sq Ft
06/11/2021 06/11/21 Sold $175,000 +17.4% $222 / Sq Ft View Prior Sale
03/01/2021 03/01/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $149,000 -- $189 / 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 $2,304 $211,800 $10,200 $201,600
2023 $2,289 $200,800 $8,800 $192,000
2022 $2,155 $176,100 $8,800 $167,300
2021 $1,873 $132,300 $8,800 $123,500
2020 $1,800 $116,700 $8,800 $107,900
2019 $1,765 $113,900 $8,800 $105,100
2018 $1,700 $111,100 $8,800 $102,300
2017 $1,532 $97,600 $7,300 $90,300
2016 $1,651 $106,800 $7,300 $99,500
2015 $1,621 $106,800 $7,300 $99,500
2014 $1,589 $106,800 $7,300 $99,500
2013 $1,474 $106,800 $7,300 $99,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1591241

Maine Listings

APN: OOBH-000210-000002-000006-000062