$114,000
SOLD APR 8, 2016

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

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

Recently Sold

$129 Per Sq Ft

77 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Colonial Architecture
  • Public Beach
  • 5.04 Acre Lot
  • Wooded Lot

About This Home

As of April 2017

Sparkling 2 Bedroom condo nestled in the trees on the quiet side of OOB, yet close to the beach, pier, golf course & Scarborough! Bike to the beach & downtown or take the back roads & avoid summer traffic. This beautifully updated garden style condo offers an eat-in kitchen AND breakfast bar, stainless steel appliances, new kitchen countertops, updated bath w/new tile flooring & sink, new hot water tank, newer windows, a w/d unit, & vinyl siding. Pet friendly too. Enjoy one level living near the beach!

Last Agent to Sell the Property

Donna Saxby

Keller Williams Realty Listed on: 11/23/2015

Keller Williams Realty

Last Buyer's Agent

Melissa Milem

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,494

Year Built

  • Built in 1987

Lot Details

  • Property fronts a private road
  • Public Beach
  • Street terminates at a dead end
  • Landscaped
  • Wooded Lot

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Garden Apartment
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 885 Sq Ft Home
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking
  • Reserved Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Nearby Water Access
  • Property is near a golf course

Listing and Financial Details

  • Legal Lot and Block 5-15 / 1
  • Assessor Parcel Number 2NewColonyDriveUnit15OldOrchardBeachMaine04064

Community Details

Overview

  • 8 Units
  • Pilgrim Place Subdivision

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,494

Year Built

Built in 1987

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 5.04
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Pilgrim Place
  • Directions: From Cascade Rd in Saco or Pine Point Rd in Scarborough, follow to Ross Road to New Colony Drive (former address was 56 Ross Road). Unit #15 is in the 2nd building on left. Unit #15 is the first door on your right once you enter the building.
  • Above Grade Finished Sq Ft: 885.0
  • Architectural Style: Colonial, Garden
  • Year Built: 1987
  • 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:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: 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:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: 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
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 8
  • Style:Garden: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Recreational Water:Nearby: Yes
  • Roads:Dead End: Yes
  • Site:Wooded: Yes
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Electric:Underground: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Wooded, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Multi-Zones, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Underground, 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: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 219542.4
  • Parcel #: 2NewColonyDriveUnit15OldOrchardBeachMaine04064
  • Zoning: RD

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 1494.0
  • Tax Block: 1
  • Tax Book Number: 14390
  • Tax Lot: 5-15
  • Tax Map Number: 103
  • Tax Year: 15

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
$262,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,955
Avg. Annual Appreciation
10.59%
Original Mortgage
$96,000
Interest Rate
4.3%
Mortgage Type
New Conventional

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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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
Warranty Deed -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,500 Stand Alone Refi Refinance Of Original Loan
Closed $96,000 New Conventional
Previous Owner $91,200 New Conventional
Previous Owner $24,863 FHA
Previous Owner $97,232 Adjustable Rate Mortgage/ARM
Previous Owner $24,308 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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: 1244678

Maine Listings

APN: OOBH-000103-000001-000005-000015