NOT LISTED FOR SALE

2 Fernald St Unit 26 Old Orchard Beach, ME 04064

Estimated Value: $332,000 - $586,000

1 Bed
1 Bath
485 Sq Ft
$260/mo HOA Fee

Last Sold March 29, 2019

Last sale price $251,000 $518 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,890/month

4 Days on Market

Highlights

  • 48 Feet of Waterfront
  • Public Beach
  • Deck
  • Beach Access
  • In Ground Pool
  • Subterranean Parking

About This Home

As of March 2019

OCEANFRONT- Can't beat the direct beach views from both living are and bedroom. Large deck runs whole length of unit and condo is a corner unit. Large patio with heated swimming pool and lounging by the sea. First floor garage and common laundry area. Great location walk to town and all the OOB has to offer. Weekly rentals permitted, good money maker.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 01/04/2019

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,132

Year Built

  • Built in 1940

Lot Details

  • 48 Feet of Waterfront
  • Ocean Front
  • Public Beach

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • Subterranean Parking
  • No Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • 485 Sq Ft Home
  • Concrete Foundation
  • Slab Foundation
  • Steel Frame
  • Shingle Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Outdoor Features

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 1
  • Assessor Parcel Number OOBH-000307-000001-000007-000026

Community Details

Overview

  • 14 Units
  • The Waverly Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,132

Year Built

Built in 1940

Lot Details

0

HOA Fees

$260 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: The Waverly
  • Directions: West Grand Ave. to Fernald, The Waverly is on your right on the beach.
  • Above Grade Finished Sq Ft: 485.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 1940
  • 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: 485.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 260.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 14
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Water Info:Waterfront Amount -: 48.0
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:No Driveway: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Construction:Steel Frame: Yes
  • Vehicle Storage:Under: Yes
  • Recreational Water:Beach Rights: Yes
  • Condominium:Total Units4: 14
  • Condominium:_pound_ of Buildings: 1
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Refrigerator, Electric Range, Disposal, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Bathtub

Exterior Features

  • Lot Features: Level, Near Public Beach, Near Shopping, Near Town
  • Pool Features: In Ground
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Shingle Siding, Steel Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Other
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 260.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: OOBH-000307-000001-000007-000026
  • Zoning: DD-1

Multi Family

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

Tax Info

  • Tax Annual Amount: 3132.0
  • Tax Block: 1
  • Tax Book Number: 15077
  • Tax Lot: 7
  • Tax Map Number: 307
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Feb 6, 2019
Sold by
Jones Robert H and Larocque Karen M
Bought by
Mortimore Jeremy R
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$250,000
Sold Price
$251,000
Premium/Discount to List
$1,000
0.4%
Total Days on Market
4
Current Estimated Value
$413,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,742
Avg. Annual Appreciation
8.38%
Original Mortgage
$200,800
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2007
Sold by
Keene Lyndsey A
Bought by
Larocque Karen M and Jones Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.16%
Mortgage Type
Unknown
Source: Public Records

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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
Mortimore Jeremy R -- --
Larocque Karen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mortimore Jeremy R $200,800
Previous Owner Larocque Karen M $25,000
Previous Owner Larocque Karen M $140,000
Previous Owner Larocque Karen M $25,000
Previous Owner Larocque Karen M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $251,000 +0.4% $518 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $250,000 -- $515 / 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 $3,786 $332,100 $60,900 $271,200
2022 $3,617 $295,500 $54,200 $241,300
2021 $3,428 $242,100 $46,900 $195,200
2020 $3,203 $207,700 $41,300 $166,400
2019 $3,173 $204,700 $41,300 $163,400
2018 $3,004 $204,700 $41,300 $163,400
2017 $3,096 $197,200 $38,400 $158,800
2016 $2,971 $192,200 $37,500 $154,700
2015 $2,918 $192,200 $37,500 $154,700
2014 $2,860 $192,200 $37,500 $154,700
2013 $2,652 $192,200 $37,500 $154,700
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nancy Moreshead

    Best Maine Beach Properties

See All Agents

Map

Source: Maine Listings

MLS Number: 1401606

Maine Listings

APN: OOBH-000307-000001-000007-000026

Maine York County Old Orchard Beach 04064

2 Fernald St Unit 26, Old Orchard Beach, ME

This home is located at 2 Fernald St Unit 26, Old Orchard Beach, ME 04064 since 04 January 2019 and is currently estimated at $413,742, approximately $853 per square foot. This property was built in 1940. 2 Fernald St Unit 26 is a home located in York County with nearby schools including Jameson Elementary School, Loranger Memorial School, and Old Orchard Beach High School.

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