$250,000
SOLD MAY 12, 2025

198 Saco Ave Unit 1 Old Orchard Beach, ME 04064

2 Beds
1 Bath
814 Sq Ft
$135/mo HOA Fee

Recently Sold

$307 Per Sq Ft

9% Below List Price

0 Day on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Property is near public transit
  • Public Beach
  • Scenic Views
  • Great Room

About This Home

As of May 2025

Rare find in Seaglass Village, one of Southern Maine's most desirable seasonal cottage communities! Perfectly situated just 1.5 miles from Wells Beach and 2.5 miles from Ogunquit, this vibrant neighborhood offers an unbeatable blend of coastal living, resort-style amenities, and everyday convenience.

This beautifully updated 'Seaside' style cottage boasts a bright, open-concept living area, a galley-style kitchen, two comfortable bedrooms, a full bath, and a stunning sunroom with vaulted ceilings and private wooded views—no neighbors directly across the street—making it the perfect spot for relaxing or entertaining.

Enjoy fresh paint inside and out, luxury vinyl plank flooring, extra-large windows, and a pull-down staircase leading to a spacious, floored attic ideal for storage. Outside, the home features a two-car driveway and a beautifully landscaped setting with space to create your own seating area or grilling spot—perfect for soaking up Maine's beautiful seasonal weather.
Unmatched amenities include a gorgeous clubhouse with an elegant fireplaced great room, library, community kitchen, large pavilion multi purpose room and bar, state-of-the-art fitness center, and multiple heated pools (one is saltwater) including a walking resistance pool and indoor lap pool, Jacuzzi, tennis and pickleball courts, bocce, shuffleboard, and a putting green. This cottage is ideally located just a three-minute walk to the clubhouse and pool area.

Beyond Seaglass Village, Wells offers even more to explore—hike the trails at Wells Reserve or the Rachel Carson Wildlife Refuge, tee off at Old Marsh Country Club, or enjoy swimming, kayaking, and paddleboarding at nearby Wells Beach.

Whether you're searching for a seasonal escape, a gathering place for friends and family, or a low-maintenance coastal cottage that combines charm and convenience, this property has it all. Don't miss your chance to experience the best of Maine living—come see why life is better at Seaglass

Last Agent to Sell the Property

Melissa Rioux

EXP Realty Listed on: 03/20/2025

EXP Realty

Last Buyer's Agent

James Benoit

Downeast Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,089

Year Built

  • Built in 1987

Lot Details

  • Public Beach

HOA Fees

  • $135 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 814 Sq Ft Home
  • Great Room
  • Scenic Vista Views

Kitchen

  • Electric Range
  • Dishwasher
  • Butcher Block Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access
  • Shed

Location

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Kerosene
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 3-1 / 11
  • Assessor Parcel Number OOBH-000211-000011-000003-000001

Community Details

Overview

  • 4 Units
  • Cedarwood Subdivision

Amenities

  • Community Storage Space

Recreation

  • Country Club

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,089

Year Built

Built in 1987

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Cedarwood
  • Directions: From 1-95 take exit 36, then take exit 2B, merge onto ME-5 South and continue for about 2 miles, turn left onto Saco Ave for about 1 mile; 198 Saco Avenue will be on your left, turn left on Harmon Ave, and the building is behind KRE Real Estate.
  • Above Grade Finished Sq Ft: 814.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 337.84
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.29
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 814.0
  • Property Information:Garage: No
  • Site:Level: 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:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 135.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 4
  • Style:Garden: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Water Heater:Tank: Yes
  • Location:Near Railroad: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Condominium:_pound_ of Buildings: 1
  • Kitchen Countertop:Butcher Block: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 2
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Tile
  • Interior Amenities: Bathtub, Other, Shower, Storage
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit, Near Railroad
  • View: Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 135.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.4
  • Parcel #: OOBH-000211-000011-000003-000001
  • Zoning: GB-1

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 2089.0
  • Tax Block: 11
  • Tax Lot: 3-1
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
May 12, 2025
Sold by
Johnson Giullianna E
Bought by
Lavoie Anne R and Benoit Suzanne V
Seller's Agent
Melissa Rioux
EXP Realty
Buyer's Agent
James Benoit
Downeast Realty, Inc.
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Views
111
Current Estimated Value
$250,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710
Avg. Annual Appreciation
0.50%
Original Mortgage
$195,000
Outstanding Balance
$193,954
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$56,756

Purchase Details

Closed on
Mar 30, 2021
Sold by
Cole Anthony C
Bought by
Johnson Giullianna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,856
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 None Available
Warranty Deed $250,000 None Available
Warranty Deed $250,000 None Available
Warranty Deed -- Misc Company
Warranty Deed -- Misc Company
Warranty Deed -- Misc Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 Purchase Money Mortgage
Closed $195,000 Purchase Money Mortgage
Previous Owner $159,856 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2025 05/12/25 Sold $250,000 -9.1% $307 / Sq Ft
03/20/2025 03/20/25 For Sale $275,000 0.0% $338 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $275,000 -- $338 / 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 $2,384 $219,100 $27,300 $191,800
2023 $2,353 $206,400 $23,800 $182,600
2022 $2,182 $178,300 $19,000 $159,300
2021 $2,093 $147,800 $17,400 $130,400
2020 $1,300 $109,300 $15,200 $94,100
2019 $1,694 $109,300 $15,200 $94,100
2018 $1,472 $111,500 $15,200 $96,300
2017 $1,700 $108,300 $13,100 $95,200
2016 $1,711 $110,700 $13,300 $97,400
2015 $1,680 $110,700 $13,300 $97,400
2014 $1,647 $110,700 $13,300 $97,400
2013 $1,528 $110,700 $13,300 $97,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1615295

Maine Listings

APN: OOBH-000211-000011-000003-000001