NOT LISTED FOR SALE

2 Fernald St Unit 24 Old Orchard Beach, ME 04064

Estimated Value: $357,000 - $532,000

2 Beds
1 Bath
735 Sq Ft
$401/mo HOA Fee

Last Sold September 25, 2020

Last sale price $267,000 $363 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,040/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Public Beach
  • Contemporary Architecture
  • 49 Feet of Waterfront
  • Country Club
  • Property is near public transit

About This Home

As of September 2020

This is a beach front condo with a pool and heated garage for one car. This unit has two bedrooms and a great rental history.
The unit is well cared for and the furnishings go with the property. The owners have enjoyed using this property and the rental income for over twenty years.
You won't find a better unit on the beach at this price.

Last Agent to Sell the Property

James Metzger Jr

Bean Group Listed on: 08/12/2020

Last Buyer's Agent

Scott Metzger

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,143

Year Built

  • Built in 1940

Lot Details

  • 49 Feet of Waterfront
  • Ocean Front
  • Public Beach

HOA Fees

  • $401 Monthly HOA Fees

Parking

  • Subterranean Parking
  • No Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Steel Frame
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 735 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Deep Water Access

Location

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

Utilities

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

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number OOBH-000307-000001-000007-000024

Community Details

Overview

  • 15 Units

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,143

Year Built

Built in 1940

Lot Details

0

HOA Fees

$401 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Water Body Name: Old Orchard Beach
  • MLS Status: Closed
  • Directions: West Grand Ave to Fernald St
  • Above Grade Finished Sq Ft: 735.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 735.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 401.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 15
  • Water Heater:Electric2: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 49.0
  • Water Info:Water Frontage Owned -: 49.0
  • Water Info:Water Frontage Shared -: 49.0
  • Recreational Water:Deeded: Yes
  • Driveway:No Driveway: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Transportation:Deep Water Access: Yes
  • Construction:Steel Frame: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Vehicle Storage:Under: Yes
  • Transportation:Public Transport Access: Yes
  • Recreational Water:Beach Rights: Yes
  • Transportation:Rail Available: Yes
  • Exterior:Block2: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Walk-Out Access, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No

Exterior Features

  • Lot Features: Level, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Public Transit, Near Railroad
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Block, Steel Frame
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: No Driveway, 1 - 4 Spaces, On Site, Underground

Utilities

  • 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: 401.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: OOBH-000307-000001-000007-000024
  • Zoning: DD1

Multi Family

  • Number Of Units In Community: 15

Tax Info

  • Tax Annual Amount: 3143.0
  • Tax Book Number: 3596
  • Tax Lot: 17
  • Tax Map Number: 307
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2022
Sold by
Ciampa Mark
Bought by
Ciampa Mark and Hodel Janine M
Total Days on Market
4
Current Estimated Value
$437,457

Purchase Details

Closed on
Jul 3, 2014
Sold by
Orourke John J and Orourke Maureen F
Bought by
Orourke John J and Orourke Maureen F
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
Ciampa Mark -- None Available
Orourke John J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $267,000 +6.8% $363 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $250,000 -- $340 / 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 $3,819 $351,000 $66,300 $284,700
2023 $3,785 $332,000 $60,900 $271,100
2022 $3,617 $295,500 $54,200 $241,300
2021 $3,428 $242,100 $46,900 $195,200
2020 $3,158 $204,800 $41,300 $163,500
2019 $3,143 $202,800 $41,300 $161,500
2018 $2,810 $202,800 $41,300 $161,500
2017 $2,884 $183,700 $38,400 $145,300
2016 $2,794 $180,700 $37,500 $143,200
2015 $2,743 $180,700 $37,500 $143,200
2014 $2,689 $180,700 $37,500 $143,200
2013 $2,494 $180,700 $37,500 $143,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Metzger Jr

    Bean Group

  • Scott Metzger

    Buyer's Agent in 2020

    Scott Metzger

    Coldwell Banker Realty

    (207) 749-8479

    Section Image
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Map

Source: Maine Listings

MLS Number: 1464105

Maine Listings

APN: OOBH-000307-000001-000007-000024

Maine York County Old Orchard Beach 04064

2 Fernald St Unit 24, Old Orchard Beach, ME

This home is located at 2 Fernald St Unit 24, Old Orchard Beach, ME 04064 since 12 August 2020 and is currently estimated at $437,457, approximately $595 per square foot. This property was built in 1940. 2 Fernald St Unit 24 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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