NOT LISTED FOR SALE

2 New Colony Dr Unit 23 Old Orchard Beach, ME 04064

Estimated Value: $268,846 - $288,000

2 Beds
1 Bath
885 Sq Ft
$275/mo HOA Fee

Last Sold May 18, 2022

Last sale price $234,000 $264 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,948/month

2 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Wooded Lot
  • Public Beach
  • 5.03 Acre Lot
  • Main Floor Bedroom

About This Home

As of May 2022

This immaculate first floor 2 bedroom condo 5 minutes from the beach is waiting for you to call it home! Enjoy maintenance free living with all the recent upgrades including new stainless steel appliances, flooring and heating system. Low association fees include many benefits. Worry free landscaping, parking, water and sewer, high-speed WiFi and premium cable.
Showings Thursday 5:30pm-7:30pm

Last Agent to Sell the Property

Jeffrey Mateja

Keller Williams Realty Listed on: 03/22/2022

Keller Williams Realty

Co-Listed By

Timothy Mitchell

Keller Williams Realty

Last Buyer's Agent

Jeffrey Mateja

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,737

Year Built

  • Built in 1988

Lot Details

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

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 885 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 5-23 / 1
  • Assessor Parcel Number OOBH-000103-000001-000005-000023

Community Details

Overview

  • 5 Buildings
  • 8 Units
  • Pilgrim Place Subdivision

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,737

Year Built

Built in 1988

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 5.03
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • Co List Office Phone: 207-553-2605
  • MLS Status: Closed
  • Subdivision Name: Pilgrim Place
  • Above Grade Finished Sq Ft: 885.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.03
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 885.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: 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
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 275.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 8
  • Style:Garden: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Heat Fuel:Gas Natural: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Floors:Laminate: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Roads:Dead End: Yes
  • Site:Wooded: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Condominium:Total Units4: 40
  • Condominium:_pound_ of Buildings: 5
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 5
  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Wooded, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • 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, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 219106.8
  • Parcel #: OOBH-000103-000001-000005-000023
  • Zoning: RD

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 40

Tax Info

  • Tax Annual Amount: 1737.0
  • Tax Block: 1
  • Tax Lot: 5-23
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 18, 2022
Sold by
Estes Kenneth W
Bought by
Verrocci Andrew M and Verrocchi Rhonda
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$225,000
Sold Price
$234,000
Premium/Discount to List
$9,000
4%
Current Estimated Value
$278,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,712
Avg. Annual Appreciation
5.20%
Original Mortgage
$187,200
Outstanding Balance
$177,915
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$100,797
Source: Public Records

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
Verrocci Andrew M $234,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verrocci Andrew M $187,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $234,000 +4.0% $264 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $225,000 -- $254 / 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 $1,665 $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: 1522295

Maine Listings

APN: OOBH-000103-000001-000005-000023