NOT LISTED FOR SALE

2 New Colony Dr Unit 15 Old Orchard Beach, ME 04064

Estimated Value: $251,000 - $272,000

2 Beds
1 Bath
885 Sq Ft
$235/mo HOA Fee

Last Sold April 27, 2017

Last sale price $120,000 $136 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,838/month

6 Days on Market

Highlights

  • 5.04 Acre Lot
  • Wooded Lot
  • Landscaped
  • Colonial Architecture
  • Main Floor Bedroom
  • Baseboard Heating

About This Home

As of April 2017

Sweet open concept first floor garden style unit is in a quiet association nestled among pine trees. All you hear are the birds singing! Freshly painted in 2016 in soft "beach" colors. Stainless steel appliances. Cheap to heat and only 1.6 miles to the beach via Portland Ave & Walnut St. Two dedicated parking spaces and plenty more for guests. Washer/dryer in unit. 2 small dogs or cats allowed. Can be rented. Showings start Sunday 3/12.

Last Agent to Sell the Property

Gail LaPrino

Bean Group Listed on: 03/11/2017

Last Buyer's Agent

Jason Bisson

The Atlantic Real Estate Network

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,646

Year Built

  • Built in 1988

Lot Details

  • Landscaped
  • Wooded Lot

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • 885 Sq Ft Home
  • Colonial Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 5-15 / 1
  • Assessor Parcel Number OOBH-000103-000001-000005-000015

Community Details

Overview

  • 8 Units
  • Pilgrim Place Subdivision

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,646

Year Built

Built in 1988

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 5.04
  • MLS Status: Closed
  • Subdivision Name: Pilgrim Place
  • Directions: Rt 1 to Cascade to Portland Ave to left onto Ross rt onto New Colony
  • Above Grade Finished Sq Ft: 885.0
  • Architectural Style: Colonial
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.04
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 885.0
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 235.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 8
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Roof:Composition2: Yes
  • Style:Colonial: Yes
  • Site:Wooded: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Heat System:Direct Vent Heater: Yes
  • Restrictions:Pet Weight Limit: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bedroom 2 Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Landscaped, Wooded, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Size Limit

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 219542.4
  • Parcel #: OOBH-000103-000001-000005-000015
  • Zoning: RD

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 1646.0
  • Tax Block: 1
  • Tax Lot: 5-15
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2017
Closed on
May 1, 2017
Sold by
Gentile Joseph A and Gentile Ann M
Bought by
Bellavance Susan E
Seller's Agent
Gail LaPrino
Bean Group
Buyer's Agent
Jason Bisson
The Atlantic Real Estate Network
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$264,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,203
Avg. Annual Appreciation
9.66%
Original Mortgage
$96,000
Outstanding Balance
$80,270
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$183,933

Purchase Details

Listed on
Nov 23, 2015
Closed on
Apr 8, 2016
Sold by
Cyr Kristen and Cyr Kristen L
Bought by
Gentile Joseph A and Gentile Ann M
Seller's Agent
Donna Saxby
Keller Williams Realty
Buyer's Agent
Melissa Milem
Keller Williams Realty
List Price
$114,500
Sold Price
$114,000
Premium/Discount to List
-$500
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$91,200
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2005
Sold by
Seadrift Inc
Bought by
Tidewater Assoc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,232
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Bellavance Susan E -- --
Gentile Joseph A -- --
Tidewater Assoc Llc -- --
Cyr Kristen L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellavance Susan E $96,000
Previous Owner Gentile Joseph A $91,200
Previous Owner Cyr Kristen L $97,232
Previous Owner Cyr Kristen L $24,308
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2017 04/27/17 Sold $120,000 -4.0% $136 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
03/11/2017 03/11/17 For Sale $125,000 +9.6% $141 / Sq Ft
04/08/2016 04/08/16 Sold $114,000 -0.4% $129 / Sq Ft View Prior Sale
02/09/2016 02/09/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $114,500 -- $129 / 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 $2,529 $232,400 $15,400 $217,000
2023 $2,462 $216,000 $13,200 $202,800
2022 $2,244 $183,300 $13,200 $170,100
2021 $1,737 $122,700 $13,200 $109,500
2020 $1,721 $111,600 $13,200 $98,400
2019 $1,697 $109,500 $13,200 $96,300
2018 $1,675 $109,500 $13,200 $96,300
2017 $1,702 $108,400 $11,000 $97,400
2016 $1,676 $108,400 $11,000 $97,400
2015 $1,646 $108,400 $11,000 $97,400
2014 $1,613 $108,400 $11,000 $97,400
2013 $1,511 $109,500 $11,000 $98,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1297642

Maine Listings

APN: OOBH-000103-000001-000005-000015