$265,000
SOLD AUG 20, 2025

198 Saco Ave Unit 2 Old Orchard Beach, ME 04064

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

Recently Sold

$326 Per Sq Ft

4 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Property is near public transit
  • Public Beach
  • Scenic Views
  • Main Floor Bedroom

About This Home

As of August 2025

This beautifully updated 2 bedroom, 1 bath condo offers the perfect blend of coastal charm and convenience. Located just minutes from the beach and with easy access to the turnpike, it features a modern kitchen, fresh flooring, and a bright, open-concept layout. Whether you're looking for a year-round home, vacation getaway, or income-producing investment, this low-maintenance unit delivers. With strong rental history and high demand in the area, it's a smart opportunity for investors and lifestyle buyers alike.

Last Agent to Sell the Property

Briana Fecteau

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 07/18/2025

Coldwell Banker Realty

Last Buyer's Agent

Whitney Tovar

Maine Real Estate Co

Maine Real Estate Co

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,384

Year Built

  • Built in 1987

Lot Details

  • Public Beach

HOA Fees

  • $135 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

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

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

Listing and Financial Details

  • Tax Lot 3-2
  • Assessor Parcel Number OOBH-000211-000011-000003-000002

Community Details

Overview

  • 4 Units

Recreation

  • Country Club

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,384

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
  • Directions: gps 198 saco ave old orchard beach
  • Above Grade Finished Sq Ft: 814.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1987
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • 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
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 135.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 4
  • Style:Garden: Yes
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Location:Near Railroad: Yes
  • Condominium:_pound_ of Buildings: 1
  • 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
  • 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, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad
  • View: Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, 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-000211-000011-000003-000002
  • Zoning: gb-1

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 2384.0
  • Tax Lot: 3-2
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Aug 15, 2025
Sold by
Panteleakos Kevin J
Bought by
Desimone Carla and Desimone David
Seller's Agent
Briana Fecteau
Coldwell Banker Realty
Buyer's Agent
Whitney Tovar
Maine Real Estate Co
List Price
$265,000
Sold Price
$265,000
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%
Original Mortgage
$236,700
Outstanding Balance
$236,495
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$29,526

Purchase Details

Closed on
Mar 1, 2025
Sold by
Moore Margaret Mary Est and Panteleakos
Bought by
Panteleakos Kevin J
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 Type Sale Price Title Company
Warranty Deed $265,000 --
Warranty Deed $265,000 --
Personal Reps Deed -- None Available
Personal Reps Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,700 New Conventional
Closed $236,700 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2025 08/20/25 Sold $265,000 0.0% $326 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $265,000 -- $326 / 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 $1,685 $109,300 $15,200 $94,100
2019 $1,694 $109,300 $15,200 $94,100
2018 $1,706 $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 -- $110,700 $13,300 $97,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1630976

Maine Listings

APN: OOBH-000211-000011-000003-000002