$174,500
SOLD MAY 22, 2015

2 Fernald St Unit 35 Old Orchard Beach, ME 04064

1 Bed
1 Bath
547 Sq Ft
$273/mo HOA Fee

Recently Sold

$319 Per Sq Ft

3% Below List Price

24 Days on Market

Highlights

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

About This Home

As of September 2017

OCEAN VIEWS- Top floor of beachfront complex. Heated swimming pool on second floor terrace. Adorable and immaculate one bedroom condo rents for $1300 weekly and comes fully furnished. Garage parking and laundry room on first floor. Great summer get-away or investment- good repeat rental business and history. The Waverly is located close to town and all the summer fun of OOB.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 07/27/2015

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,116

Year Built

  • Built in 1940

Lot Details

  • 48 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Sprinkler System

HOA Fees

  • $273 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 547 Sq Ft Home
  • Furnished
  • Water Views

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Home Security

Parking

  • 1 Parking Space
  • 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
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 7 / 1
  • Assessor Parcel Number OOBH-000307-000001-000007-000035

Community Details

Overview

  • 17 Units
  • The Waverly Subdivision

Additional Features

  • Coin Laundry
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,116

Year Built

Built in 1940

Lot Details

0

HOA Fees

$273 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 to The Waverly on the left
  • Above Grade Finished Sq Ft: 547.0
  • Architectural Style: Other Style
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 547.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: 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
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 273.0
  • 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: 17
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Foundation Materials:Poured Concrete: 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
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Amenities:Furniture Included: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Misc Amenities Sprinkler: Yes
  • Recreational Water:Beach Rights: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Furniture Included, 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, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Security: Sprinkler
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 273.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: OOBH-000307-000001-000007-000035
  • Zoning: DD1

Multi Family

  • Number Of Units In Community: 17

Tax Info

  • Tax Annual Amount: 2116.0
  • Tax Block: 1
  • Tax Book Number: 13812
  • Tax Lot: 7
  • Tax Map Number: 307
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Parsons Joanne C
Bought by
Joanne C Parsons 2016 Ret
Current Estimated Value
$361,899

Purchase Details

Listed on
May 9, 2017
Closed on
Sep 12, 2017
Sold by
Mantini Melissa
Bought by
Parsons Joanne C
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Jarrod Mallon
Bean Group
List Price
$198,900
Sold Price
$187,500
Premium/Discount to List
-$11,400
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$96,250
Interest Rate
3.92%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 27, 2015
Closed on
May 27, 2015
Sold by
Fasulo William F and Fasulo Lynne A
Bought by
Mantini Melissa
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$179,900
Sold Price
$174,500
Premium/Discount to List
-$5,400
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$130,875
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $96,250 Unknown
Previous Owner $130,875 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2017 09/11/17 Sold $187,500 -5.7% $343 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $198,900 +14.0% $364 / Sq Ft
05/22/2015 05/22/15 Sold $174,500 -3.0% $319 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
03/07/2015 03/07/15 For Sale $179,900 -- $329 / 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 $3,227 $296,600 $66,300 $230,300
2023 $3,194 $280,200 $60,900 $219,300
2022 $3,053 $249,400 $54,200 $195,200
2021 $2,900 $204,800 $46,900 $157,900
2020 $2,677 $173,600 $41,300 $132,300
2019 $2,664 $171,900 $41,300 $130,600
2018 $2,630 $171,900 $41,300 $130,600
2017 $2,449 $156,000 $38,400 $117,600
2016 $2,370 $153,300 $37,500 $115,800
2015 $2,327 $153,300 $37,500 $115,800
2014 $2,281 $153,300 $37,500 $115,800
2013 $2,116 $153,300 $37,500 $115,800
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nancy Moreshead

    Best Maine Beach Properties

  • J

    Buyer's Agent in 2017

    Jarrod Mallon

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1205959

Maine Listings

APN: OOBH-000307-000001-000007-000035

Maine York County Old Orchard Beach 04064

2 Fernald St Unit 35, Old Orchard Beach, ME

This home is located at 2 Fernald St Unit 35, Old Orchard Beach, ME 04064 and is currently priced at $174,500, approximately $319 per square foot. This property was built in 1940. 2 Fernald St Unit 35 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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