NOT LISTED FOR SALE

191 E Grand Ave Unit 503 Old Orchard Beach, ME 04064

Estimated Value: $436,000 - $451,000

1 Bed
1 Bath
640 Sq Ft
$287/mo HOA Fee

Last Sold April 01, 2016

Last sale price $210,000 $328 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,020/month

529 Days on Market

Highlights

  • 200 Feet of Waterfront
  • In Ground Pool
  • Property is near public transit
  • Beach Access
  • 1.2 Acre Lot
  • Elevator

About This Home

As of April 2016

Priced to sell. Direct oceanfront on 5th floor with beautiful ocean views. Beachfront swimming pool. Living area & kitchen have ocean views. Non smoking condo complex.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 09/12/2014

Last Buyer's Agent

Steve Weigel

Coldwell Banker Y-Gull & Associates

Coldwell Banker Y-Gull & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,665

Year Built

  • Built in 1985

Lot Details

  • 200 Feet of Waterfront
  • Ocean Front
  • Landscaped

HOA Fees

  • $287 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Steel Frame
  • Stucco

Interior Spaces

  • 640 Sq Ft Home
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Upstairs
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Access to Tidal Water
  • Deep Water Access
  • Patio

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 1 / 6
  • Assessor Parcel Number 191East Grand Avenue503OldOrcha30161

Community Details

Overview

  • 40 Units
  • High-Rise Condominium
  • Sunspray Subdivision

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,665

Year Built

Built in 1985

Lot Details

0

HOA Fees

$287 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.2
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Sunspray
  • Directions: East Grand Ave. to Sunspray
  • Above Grade Finished Sq Ft: 640.0
  • Architectural Style: High Rise
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.2
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 640.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: 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:Tile2: 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: 287.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 40
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Recreational Water:Waterfront Deep: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Property Information:Deed Restrictions: Unknown
  • Recreational Water:Waterfront Tidal: Yes
  • Construction:Steel Frame: Yes
  • Washer/Dryer Other Location: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Recreational Water:Beach Rights: Yes
  • Style:High Rise: Yes
  • Exterior:Stucco: Yes
  • Restrictions:Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator Passenger, Bathtub, Storage
  • Dining Room Dining Room Level: Upper
  • Kitchen Kitchen Level: Upper
  • Living Room Living Room Level: Upper
  • Primary Bedroom Primary Bedroom Level: Upper

Exterior Features

  • Lot Features: Level, Landscaped, Other, Near Public Transit
  • Pool Features: In Ground
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Stucco, Steel Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Other
  • Patio And Porch Features:Patio: Yes

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: 287.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions, Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 52272.0
  • Parcel #: 191East Grand Avenue503OldOrcha30161
  • Zoning: BRD

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 3665.0
  • Tax Block: 6
  • Tax Book Number: 16799
  • Tax Lot: 1
  • Tax Map Number: 301
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2014
Closed on
Apr 8, 2016
Sold by
Fisher Susan M
Bought by
Macnaught Carol
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Steve Weigel
Coldwell Banker Y-Gull & Associates
List Price
$224,000
Sold Price
$210,000
Premium/Discount to List
-$14,000
-6.25%
Current Estimated Value
$444,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,177
Avg. Annual Appreciation
8.29%
Original Mortgage
$168,000
Outstanding Balance
$135,005
Interest Rate
3.62%
Mortgage Type
Unknown
Estimated Equity
$312,512

Purchase Details

Listed on
Jul 31, 2013
Closed on
Apr 3, 2014
Sold by
Molloy Michael P and Molloy Tara J
Bought by
Fisher Susan M
Seller's Agent
Constance Howe
Keller Williams Realty
Buyer's Agent
Constance Howe
Keller Williams Realty
List Price
$254,900
Sold Price
$200,000
Premium/Discount to List
-$54,900
-21.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%

Purchase Details

Closed on
Mar 23, 2012
Sold by
Molloy Michael P
Bought by
Molloy Tara J and Molloy Michael P
Source: Public Records

Range of Values:

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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
Macnaught Carol -- --
Fisher Susan M -- --
Molloy Tara J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macnaught Carol $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $210,000 -6.3% $328 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
09/12/2014 09/12/14 For Sale $224,000 +12.0% $350 / Sq Ft
04/01/2014 04/01/14 Sold $200,000 -21.5% $313 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
07/31/2013 07/31/13 For Sale $254,900 -- $398 / 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 $4,548 $418,000 $50,700 $367,300
2023 $4,560 $400,000 $50,200 $349,800
2022 $4,151 $339,100 $45,500 $293,600
2021 $3,968 $280,200 $46,000 $234,200
2020 $3,991 $258,800 $40,800 $218,000
2019 $4,011 $258,800 $40,800 $218,000
2018 $3,866 $252,700 $40,800 $211,900
2017 $3,825 $243,600 $39,700 $203,900
2016 $3,734 $241,500 $37,600 $203,900
2015 $3,666 $241,500 $37,600 $203,900
2014 $3,594 $241,500 $37,600 $203,900
2013 -- $241,500 $37,600 $203,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1153859

Maine Listings

APN: OOBH-000301-000006-000001-000503