NOT LISTED FOR SALE

2 New Colony Dr Unit 17 Old Orchard Beach, ME 04064

Estimated Value: $250,000 - $280,000

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

Last Sold February 08, 2016

Last sale price $121,900 $138 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,937/month

15 Days on Market

Highlights

  • Public Beach
  • Colonial Architecture
  • Granite Countertops
  • 5.04 Acre Lot
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of February 2016

Immaculate garden-style condo on the quiet side of Old Orchard, yet so near the golf course and just a short hop to the beach and pier! This bright two bedroom, one bath unit has an eat-in kitchen featuring granite countertops and up-to-date appliances. Efficient natural gas heat keeps it cozy, and the one-level, open floor plan keeps it spacious. Move-in ready and pet-friendly!

Last Agent to Sell the Property

Robert Edgerley

Keller Williams Realty Listed on: 11/24/2015

Keller Williams Realty

Last Buyer's Agent

Raylene Estabrook

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,613

Year Built

  • Built in 1988

Lot Details

  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 885 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Shower Only

Parking

  • Common or Shared Parking
  • Shared 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
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 8 Units
  • Pilgrim Place Subdivision

Listing and Financial Details

  • Exclusions: TV Mount
  • Legal Lot and Block 5-17 / 1
  • Assessor Parcel Number OOBH-000103-000001-000005-000017

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,613

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
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Pilgrim Place
  • Directions: From Route 1 turn onto Cascade Road. Take a left onto Ross Road and then turn left onto New Colony Drive.
  • 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:Lot Size Acres -: 5.04
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 885.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: 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
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 8
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Exclusions: TV Mount
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common, 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: 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 #: OOBH-000103-000001-000005-000017
  • Zoning: RD

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 1613.0
  • Tax Block: 1
  • Tax Book Number: 16497
  • Tax Lot: 5-17
  • Tax Map Number: 103
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2015
Closed on
Feb 8, 2016
Sold by
Verlander Michael and Verlander Valerie A
Bought by
Martin Andrew A
Seller's Agent
Robert Edgerley
Keller Williams Realty
Buyer's Agent
Raylene Estabrook
Coldwell Banker Residential Brokerage
List Price
$124,900
Sold Price
$121,900
Premium/Discount to List
-$3,000
-2.4%
Total Days on Market
15
Current Estimated Value
$266,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,765
Avg. Annual Appreciation
8.74%
Original Mortgage
$115,805
Outstanding Balance
$93,621
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$173,044

Purchase Details

Closed on
Dec 31, 2012
Sold by
Dewitt Holly V and Benson Holly V
Bought by
Verlander Michael and Verlander Valerie A
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
Martin Andrew A -- --
Verlander Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Andrew A $115,805
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2016 02/08/16 Sold $121,900 -2.4% $138 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
11/24/2015 11/24/15 For Sale $124,900 -- $141 / 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 -- $109,500 $11,000 $98,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1244831

Maine Listings

APN: OOBH-000103-000001-000005-000017