NOT LISTED FOR SALE

2 Fernald St Unit 36 Old Orchard Beach, ME 04064

Estimated Value: $404,000 - $568,000

2 Beds
2 Baths
768 Sq Ft
$416/mo HOA Fee

Last Sold July 26, 2019

Last sale price $340,000 $443 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,626/month

26 Days on Market

Highlights

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

About This Home

As of July 2019

DIRECT OCEANFRONT - On the top floor, corner unit with views, views, views. Sliders to beachfront deck from both living area and master bedroom. Unit has been completely remodeled with tile floors, kitchen with granite counters, new baths, paint. Extra windows and French doors between master bedroom and living area to maximize your views. Central air throughout with heat pumps. 2 full baths. Weekly rentals permitted and great history. Heated pool, garage, this one has it all.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 06/18/2019

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,181

Year Built

  • Built in 1940

Lot Details

  • 48 Feet of Waterfront
  • Ocean Front
  • Public Beach

HOA Fees

  • $416 Monthly HOA Fees

Parking

  • Subterranean Parking
  • No Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Slab Foundation
  • Steel Frame
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 768 Sq Ft Home
  • Furnished
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

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

Location

  • Property is near a golf course

Utilities

  • Cooling Available
  • Heat Pump System
  • 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-000307-000001-000007-000036

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,181

Year Built

Built in 1940

Lot Details

0

HOA Fees

$416 per month

Parking

1

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.
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 768.0
  • 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:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 416.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Heat System:Heat Pump: 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
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Water Info:Waterfront Amount -: 48.0
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:No Driveway: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Amenities:Furniture Included: Yes
  • Construction:Steel Frame: Yes
  • Vehicle Storage:Under: Yes
  • Recreational Water:Beach Rights: Yes
  • Roof:Flat: Yes
  • Condominium:_pound_ of Buildings: 1
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Refrigerator, Microwave, Electric Range, Disposal, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Furniture Included, Primary Bedroom w/Bath

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 416.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: OOBH-000307-000001-000007-000036
  • Zoning: DD-1

Multi Family

  • Number Of Units In Community: 14

Tax Info

  • Tax Annual Amount: 4181.0
  • Tax Block: 1
  • Tax Book Number: 7081
  • Tax Lot: 7
  • Tax Map Number: 307
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Jul 24, 2019
Sold by
Riello Anthony J and Riello Christine A
Bought by
Violette Gary
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Total Days on Market
26
Current Estimated Value
$498,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,056
Avg. Annual Appreciation
6.70%
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
Violette Gary -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $340,000 -2.9% $443 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $350,000 -- $456 / 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 $5,141 $472,500 $66,300 $406,200
2023 $5,105 $447,800 $60,900 $386,900
2022 $4,878 $398,500 $54,200 $344,300
2021 $4,608 $325,400 $46,900 $278,500
2020 $4,291 $278,300 $41,300 $237,000
2019 $4,236 $273,300 $41,300 $232,000
2018 $3,976 $273,300 $41,300 $232,000
2017 $4,129 $263,000 $38,400 $224,600
2016 $3,901 $252,300 $37,500 $214,800
2015 $3,830 $252,300 $37,500 $214,800
2014 $3,754 $252,300 $37,500 $214,800
2013 $3,482 $252,300 $37,500 $214,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1420500

Maine Listings

APN: OOBH-000307-000001-000007-000036