NOT LISTED FOR SALE

2 New Colony Dr Unit 28 Old Orchard Beach, ME 04064

Estimated Value: $262,000 - $271,000

2 Beds
1 Bath
885 Sq Ft
$393/mo HOA Fee

Last Sold October 13, 2023

Last sale price $235,000 $266 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,006/month

4 Days on Market

Highlights

  • Public Beach
  • Wooded Lot
  • Living Room
  • 5.03 Acre Lot
  • Main Floor Bedroom
  • Baseboard Heating

About This Home

As of October 2023

This charming second floor condo is located in a great location! Situated in a quiet association you are just a mile away from the beach, Old Orchard Pier, Dunegrass Golf Club and plenty of local amenities. Each unit is provided with two parking spaces as well as laundry hookups in the unit. If you are looking for an affordable, low maintenance unit that allows dogs... look no further!

Last Agent to Sell the Property

Derek Goff Joseph Tomazin

Bean Group Listed on: 09/01/2023

Last Buyer's Agent

Joyce Sobus

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 1991

Lot Details

  • Property fronts a private road
  • Public Beach
  • Open Lot
  • Wooded Lot

HOA Fees

  • $393 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 885 Sq Ft Home
  • Living Room
  • Carpet

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Location

  • Property is near a golf course

Utilities

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

Community Details

  • 8 Units

Listing and Financial Details

  • Legal Lot and Block 5-28 / 1
  • Assessor Parcel Number OOBH-000103-000001-000005-000028

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,244

Year Built

Built in 1991

Lot Details

0

HOA Fees

$393 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 5.03
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly. Fourth building on the left after you turn onto 2 New Colony Drive.
  • Above Grade Finished Sq Ft: 885.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1991
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • 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
  • 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:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 393.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 8
  • Style:Garden: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Slab2: Yes
  • Site:Wooded: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • 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, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • 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: 393.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 219106.8
  • Parcel #: OOBH-000103-000001-000005-000028
  • Zoning: RD

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 2244.0
  • Tax Block: 1
  • Tax Lot: 5-28
  • Tax Year: 2022

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Oct 13, 2023
Sold by
Oconnell Daniel
Bought by
Sobus Joyce E
Seller's Agent
Derek Goff Joseph Tomazin
Bean Group
Buyer's Agent
Joyce Sobus
Keller Williams Realty
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%
Current Estimated Value
$266,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,069
Avg. Annual Appreciation
6.09%
Original Mortgage
$211,000
Outstanding Balance
$206,898
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$59,171

Purchase Details

Listed on
Oct 3, 2019
Closed on
Nov 15, 2019
Sold by
Wicarius Stephen E and Wicarius Louise A
Bought by
Oconnell Daniel
Seller's Agent
Keegan Roma
Coldwell Banker Realty
Buyer's Agent
Daniel Meuse
Keller Williams Realty
List Price
$131,900
Sold Price
$131,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%
Original Mortgage
$127,943
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Sobus Joyce E $235,000 None Available
Oconnell Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sobus Joyce E $211,000
Previous Owner Oconnell Daniel $127,943
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2023 10/13/23 Sold $235,000 -2.0% $266 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $239,900 +81.9% $271 / Sq Ft
11/19/2019 11/19/19 Sold $131,900 0.0% $149 / Sq Ft View Prior Sale
10/07/2019 10/07/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $131,900 -- $149 / 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 $1,774 $125,300 $13,200 $112,100
2020 $1,755 $113,800 $13,200 $100,600
2019 $1,730 $111,600 $13,200 $98,400
2018 $1,699 $112,700 $13,200 $99,500
2017 $1,719 $109,500 $11,000 $98,500
2016 $1,693 $109,500 $11,000 $98,500
2015 $1,662 $109,500 $11,000 $98,500
2014 $1,629 $109,500 $11,000 $98,500
2013 -- $110,600 $11,000 $99,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1569947

Maine Listings

APN: OOBH-000103-000001-000005-000028