NOT LISTED FOR SALE

2 Fernald St Unit 23 Old Orchard Beach, ME 04064

Estimated Value: $273,000 - $306,000

1 Bed
1 Bath
434 Sq Ft
$236/mo HOA Fee

Last Sold March 03, 2017

Last sale price $181,700 $419 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,123/month

27 Days on Market

Highlights

  • 48 Feet of Waterfront
  • Public Beach
  • Property is near public transit
  • Beach Access
  • In Ground Pool
  • Subterranean Parking

About This Home

As of March 2017

OCEAN VIEWS- Complex is right on the beach and unit has nice ocean views and the heated pool and large patio are just outside your door. This one bedroom condo has a great weekly rental history to offset your costs of owning on the beach. Rents for $1400 weekly all summer. Vinyl tile flooring throughout, full kitchen. Heated garage on first floor and common area laundry on that level. Great location, can walk to restaurants and town. Move in condition and nice beach views.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 11/25/2016

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,119

Year Built

  • Built in 1984

Lot Details

  • 48 Feet of Waterfront
  • Ocean Front
  • Public Beach

HOA Fees

  • $236 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Steel Frame
  • Membrane Roofing
  • Shingle Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 434 Sq Ft Home
  • Double Pane Windows
  • Vinyl Flooring
  • Water Views
  • Walk-Out Basement
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Formica Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Subterranean Parking
  • Heated Garage
  • Common or Shared Parking
  • Shared Driveway

Outdoor Features

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

Location

  • Property is near public transit

Utilities

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

Community Details

  • 14 Units
  • The Waverly Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 1
  • Assessor Parcel Number OOBH-000307-000001-000007-000023

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,119

Year Built

Built in 1984

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: The Waverly
  • Directions: West Grand Ave. to Fernald, The Waverly is on the left on the ocean.
  • Above Grade Finished Sq Ft: 434.0
  • Architectural Style: Other Style
  • Efficiency: Double Pane Windows
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 434.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 236.06
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 14
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Water Info:Waterfront Amount -: 48.0
  • Recreational Water:Waterfront Deep: Yes
  • Property Information:Deed Restrictions: Unknown
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Vehicle Storage:Heated: Yes
  • Construction:Steel Frame: Yes
  • Roof:Membrane: Yes
  • Cooling:AC Units: Yes
  • Vehicle Storage:Under: Yes
  • Transportation:Public Transport Access: Yes
  • Recreational Water:Beach Rights: Yes
  • Condominium:Total Units4: 14
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Bathtub

Exterior Features

  • Lot Features: Level, Near Public Beach, Near Town, Near Public Transit
  • Pool Features: In Ground
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Shingle Siding, Steel Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Membrane

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • 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: 236.06
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: OOBH-000307-000001-000007-000023
  • Zoning: DD-1

Multi Family

  • Number Of Units In Community: 14
  • Number Of Units Total: 14

Tax Info

  • Tax Annual Amount: 2119.0
  • Tax Block: 1
  • Tax Book Number: 15700
  • Tax Lot: 7
  • Tax Map Number: 307
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2016
Closed on
Mar 7, 2017
Sold by
Bray Mary E
Bought by
Roy Isabelle and Gauthier Pierre
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$189,900
Sold Price
$181,700
Premium/Discount to List
-$8,200
-4.32%
Total Days on Market
27
Current Estimated Value
$294,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,403
Avg. Annual Appreciation
5.98%
Original Mortgage
$127,000
Outstanding Balance
$106,341
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$187,762
Source: Public Records

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Range of Values:

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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
Roy Isabelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roy Isabelle $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $181,700 -4.3% $419 / Sq Ft
12/23/2016 12/23/16 Pending -- -- --
11/25/2016 11/25/16 For Sale $189,900 -- $438 / 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 $2,930 $269,300 $66,300 $203,000
2023 $2,899 $254,300 $60,900 $193,400
2022 $2,770 $226,300 $54,200 $172,100
2021 $2,635 $186,100 $46,900 $139,200
2020 $2,435 $157,900 $41,300 $116,600
2019 $2,426 $156,500 $41,300 $115,200
2018 $2,172 $156,500 $41,300 $115,200
2017 $2,231 $142,100 $38,400 $103,700
2016 $2,158 $139,600 $37,500 $102,100
2015 $2,119 $139,600 $37,500 $102,100
2014 $2,077 $139,600 $37,500 $102,100
2013 $1,926 $139,600 $37,500 $102,100
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nancy Moreshead

    Best Maine Beach Properties

See All Agents

Map

Source: Maine Listings

MLS Number: 1289440

Maine Listings

APN: OOBH-000307-000001-000007-000023

Maine York County Old Orchard Beach 04064

2 Fernald St Unit 23, Old Orchard Beach, ME

This home is located at 2 Fernald St Unit 23, Old Orchard Beach, ME 04064 since 25 November 2016 and is currently estimated at $294,103, approximately $677 per square foot. This property was built in 1984. 2 Fernald St Unit 23 is a home located in York County with nearby schools including Jameson Elementary School, Loranger Memorial School, and Old Orchard Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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