NOT LISTED FOR SALE

2 Kinney Ave Unit 5 Old Orchard Beach, ME 04064

Estimated Value: $545,000 - $639,000

2 Beds
2 Baths
1,125 Sq Ft
$200/mo HOA Fee

Last Sold December 27, 2019

Last sale price $340,000 $302 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,703/month

3 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Public Beach
  • Wood Flooring
  • Beach Access
  • Deck
  • Double Pane Windows

About This Home

As of December 2019

OCEANFRONT- One half of the top floor of 6 unit complex. Both living room and master bedroom front on the beach & sliders to fabulous beachfront deck. Sit on your deck, enjoy the summer fun of the pier and the beach. Lots of updating kitchen has new counters, sink, backsplash and renovated baths. Great floor plan with split bedrooms and nice light and air flow from the south facing corner unit.

Last Agent to Sell the Property

Nancy Moreshead

Best Maine Beach Properties Listed on: 10/31/2019

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,253

Year Built

  • Built in 1930

Lot Details

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

HOA Fees

  • $200 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,125 Sq Ft Home
  • Double Pane Windows

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Beach Access
  • Access to Tidal Water
  • Deep Water Access
  • Deck

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • No Rentals Allowed
  • Tax Lot 5
  • Assessor Parcel Number OOBH-000306-000003-000005-000005

Community Details

Overview

  • 6 Units
  • Lemer Subdivision

Additional Features

  • Community Storage Space
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,253

Year Built

Built in 1930

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: LeMer
  • Directions: East Grand Ave. to Kinney Ave. Condos last building on the left.
  • Above Grade Finished Sq Ft: 1125.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 309.33
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1125.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 6
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Shared -: 50.0
  • Recreational Water:Waterfront Deep: Yes
  • Property Information:Deed Restrictions: Unknown
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Basement Entry:Exterior Only: Yes
  • Misc Amenities Sprinkler: Yes
  • Recreational Water:Beach Rights: Yes
  • Condominium:Total Units4: 6
  • Condominium:_pound_ of Buildings: 1
  • Condominium:VA Certification: No
  • Exterior:Stucco: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Advertising Remarks:Advertising Remarks: OCEANFRONT- Fabulous beach views from top floor & close enough to town to walk to all that Old Orchard Beach has to offer. Lots of recent updates. Call Nancy Z Morehead 207-329-3545 Best Maine Beach Properties www.nancyzsellbythesea.com
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Full, Exterior Only
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bathtub, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Golf Course, Near Public Beach, Near Town
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Other
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Security: Sprinkler
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: OOBH-000306-000003-000005-000005
  • Zoning: DD-1

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 4253.0
  • Tax Lot: 5
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 18, 2019
Sold by
Dunne Edward A and Dunne Melinda A
Bought by
Ramsey Mark L and Ramsey Cheryl
Seller's Agent
Nancy Moreshead
Best Maine Beach Properties
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$348,000
Sold Price
$340,000
Premium/Discount to List
-$8,000
-2.3%
Current Estimated Value
$585,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,635
Avg. Annual Appreciation
9.55%
Original Mortgage
$238,000
Outstanding Balance
$209,831
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$375,804

Purchase Details

Closed on
Sep 19, 2012
Sold by
Hamlin William D and Hamlin Karlene A
Bought by
Dunne Edward A and Dunne Melinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,200
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Ramsey Mark L -- None Available
Dunne Edward A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Mark L $238,000
Previous Owner Dunne Edward A $213,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $340,000 -2.3% $302 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $348,000 -- $309 / 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 $5,184 $476,500 $155,000 $321,500
2023 $5,099 $447,300 $141,100 $306,200
2022 $4,766 $389,400 $122,800 $266,600
2021 $4,409 $311,400 $102,900 $208,500
2020 $4,287 $278,000 $90,700 $187,300
2019 $4,309 $278,000 $90,700 $187,300
2018 $4,284 $278,000 $90,700 $187,300
2017 $4,376 $278,700 $84,700 $194,000
2016 $4,286 $277,200 $83,200 $194,000
2015 $4,208 $277,200 $83,200 $194,000
2014 $4,125 $277,200 $83,200 $194,000
2013 -- $277,200 $83,200 $194,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1437802

Maine Listings

APN: OOBH-000306-000003-000005-000005