NOT LISTED FOR SALE

189 E Grand Ave Unit 306 Old Orchard Beach, ME 04064

Estimated Value: $355,000 - $389,000

2 Beds
1 Bath
548 Sq Ft
$286/mo HOA Fee

Last Sold July 03, 2020

Last sale price $237,500 $433 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,509/month

3 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • 0.51 Acre Lot
  • Beach Access
  • In Ground Pool
  • Wood Flooring

About This Home

As of July 2020

OCEANVIEWS from top floor of condominium & just one house back from the beach with easy access. Recently renovated with bamboo flooring, white cabinets & comes nicely furnished and ready for you. Swimming pool, laundry room and owners bike storage. Great rental property, weekly allowed and rents easily.
In a great location on the beach, a mile from town.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 05/15/2020

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,686

Year Built

  • Built in 1986

Lot Details

  • Ocean Front
  • Public Beach
  • Sprinkler System

HOA Fees

  • $286 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • 548 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Basement

  • Partial Basement
  • Doghouse Basement Entry

Home Security

Parking

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

Outdoor Features

  • Beach Access
  • Nearby Water Access

Location

  • Property is near a golf course

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Not Available
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 3
  • Assessor Parcel Number OOBH-000301-000003-000001-000306

Community Details

Overview

  • 26 Units
  • Grand Ocean View Condos Subdivision

Recreation

  • In Ground Pool

Additional Features

  • Community Storage Space
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,686

Year Built

Built in 1986

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Grand Ocean View Condos
  • Directions: East Grand Ave. to 189
  • Above Grade Finished Sq Ft: 548.0
  • 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: 437.77
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.51
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 548.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 286.0
  • 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: Yes
  • Condominium:Units in Building: 26
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Basement Entry:Doghouse: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Unknown
  • Kitchen Countertop:Formica: Yes
  • Water Heater:Oil2: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Amenities:Furniture Included: Yes
  • Cooling:AC Units: Yes
  • Misc Amenities Sprinkler: Yes
  • Recreational Water:Beach Rights: Yes
  • Condominium:Total Units4: 26
  • Condominium:_pound_ of Buildings: 1
  • Condominium:VA Certification: No
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: OCEAN VIEWS & easy access to beautiful beach. Call Nancy Z Moreshead 207-329-3545 Best Maine Beach Properties www.nancyzsellsbythesea.com nancyzbythesea@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Partial, Doghouse
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Furniture Included, Bathtub, Storage

Exterior Features

  • Lot Features: Level, Near Golf Course, Near Public Beach
  • Pool Features: In Ground
  • View: Scenic
  • Waterfront Features: Ocean
  • 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

  • Laundry Features: Washer Hookup
  • Security: Sprinkler
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 286.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: OOBH-000301-000003-000001-000306
  • Zoning: BRD

Multi Family

  • Number Of Units In Community: 26
  • Number Of Units Total: 26

Tax Info

  • Tax Annual Amount: 2686.0
  • Tax Block: 3
  • Tax Lot: 1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 3, 2020
Sold by
Lorden Jonathan P and Lorden Bethany H
Bought by
Connolly Jodi L and Connolly David F
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$239,900
Sold Price
$237,500
Premium/Discount to List
-$2,400
-1%
Current Estimated Value
$371,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,216
Avg. Annual Appreciation
8.58%
Original Mortgage
$178,125
Outstanding Balance
$158,243
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$213,473

Purchase Details

Listed on
Sep 12, 2016
Closed on
Jan 25, 2018
Sold by
Sontra Craig S and Sontra Terri A
Bought by
Lorden Jonathan P and Lorden Bethany H
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$219,000
Sold Price
$192,000
Premium/Discount to List
-$27,000
-12.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$153,600
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2007
Sold by
Wright Susan E and Wright Neil C
Bought by
Biggar Sonia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,744
Interest Rate
6.43%
Mortgage Type
FHA
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
Connolly Jodi L -- None Available
Lorden Jonathan P -- --
Biggar Sonia R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connolly Jodi L $178,125
Previous Owner Lorden Jonathan P $153,600
Previous Owner Biggar Sonia R $50,000
Previous Owner Biggar Sonia R $131,744
Previous Owner Biggar Sonia R $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2020 07/03/20 Sold $237,500 -1.0% $433 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $239,900 +24.9% $438 / Sq Ft
01/19/2018 01/19/18 Sold $192,000 -12.3% $350 / Sq Ft View Prior Sale
11/06/2017 11/06/17 Pending -- -- --
09/12/2016 09/12/16 For Sale $219,000 -- $400 / 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 $3,282 $301,700 $29,500 $272,200
2023 $3,283 $288,000 $28,800 $259,200
2022 $3,050 $249,200 $26,200 $223,000
2021 $2,809 $198,400 $22,200 $176,200
2020 $2,672 $173,300 $19,100 $154,200
2019 $2,686 $173,300 $19,100 $154,200
2018 $2,563 $167,500 $19,100 $148,400
2017 $2,638 $168,000 $17,800 $150,200
2016 $2,636 $170,500 $16,300 $154,200
2015 $2,588 $170,500 $16,300 $154,200
2014 $2,537 $170,500 $16,300 $154,200
2013 -- $174,000 $16,300 $157,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1452396

Maine Listings

APN: OOBH-000301-000003-000001-000306