NOT LISTED FOR SALE

2 New Colony Dr Unit 29 Old Orchard Beach, ME 04064

Estimated Value: $250,000 - $279,626

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

Last Sold October 15, 2021

Last sale price $225,000 $254 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,968/month

6 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • 5.02 Acre Lot
  • Public Beach
  • View of Trees or Woods
  • Bathtub

About This Home

As of October 2021

Move right in to this fabulous, newly renovated condo in a location convenient to both Pine Point and Old Orchard Beaches.
Completely remodeled over the last few months, it boasts new appliances, a closet system found in more expensive units, fresh paint, new floors, upgraded cabinets, and a bluetooth bathroom light that plays your online music! Two bedrooms on the sunny side of the building lend themselves to many uses, including an in home office. Have pets? No problem. Small dogs and cats allowed. (See rules.) Second home anyone? Don't wait. Offers due Tuesday, September 7 at noon.

Last Agent to Sell the Property

Jean-Marie Caterina

North Star Realty Listed on: 08/31/2021

Last Buyer's Agent

Janice Pompe John Lesser

Bean Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,755

Year Built

  • Built in 1991

Lot Details

  • Public Beach
  • Landscaped

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
  • 1-Story Property
  • Living Room
  • Laminate Flooring
  • Views of Woods

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating
  • 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 5-29 / 1
  • Assessor Parcel Number OOBH-000103-000001-000005-000029

Community Details

Overview

  • 4 Units

Recreation

  • Country Club

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,755

Year Built

Built in 1991

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 5.02
  • MLS Status: Closed
  • Directions: Ross Road to New Colony Drive. Third building in. First floor.
  • 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: No
  • Property Information:Lot Size Acres -: 5.02
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 885.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • 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
  • 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
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 4
  • Style:Garden: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • View:TreesWoods: Yes
  • Equipment:Cable: Yes
  • Location:Near Country Club: 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
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Town
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: 2 Pets, Size Limit

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 218671.2
  • Parcel #: OOBH-000103-000001-000005-000029
  • Zoning: RES

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 1755.0
  • Tax Block: 1
  • Tax Book Number: 15678
  • Tax Lot: 5-29
  • Tax Map Number: 103
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 15, 2021
Sold by
Manseau Gerald V and Manseau Melissa
Bought by
Knight Mariah
Seller's Agent
Jean-Marie Caterina
North Star Realty
Buyer's Agent
Janice Pompe John Lesser
Bean Group
List Price
$195,000
Sold Price
$225,000
Premium/Discount to List
$30,000
15.38%
Total Days on Market
6
Current Estimated Value
$264,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,907
Avg. Annual Appreciation
4.57%
Original Mortgage
$191,250
Outstanding Balance
$176,283
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$88,624

Purchase Details

Closed on
Feb 3, 2006
Sold by
Libby Kelly L
Bought by
Patchett Donald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Knight Mariah -- None Available
Patchett Donald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Mariah $191,250
Previous Owner Patchett Donald A $131,000
Previous Owner Libby Kelly L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $225,000 +15.4% $254 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $195,000 -- $220 / 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 $1,526 $110,600 $11,000 $99,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jean-Marie Caterina

    North Star Realty

    (207) 318-3440

    1 in this area

    31 Total Sales

    Jean-Marie Caterina
    Section Image

  • J

    Buyer's Agent in 2021

    Janice Pompe John Lesser

    Bean Group

  • J

    Buyer's Agent in 2021

    Janice Pompeo

    The Maine Real Estate Group

    (207) 329-4534

    3 in this area

    148 Total Sales

    Janice Pompeo
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1507202

Maine Listings

APN: OOBH-000103-000001-000005-000029

Maine York County Old Orchard Beach 04064

2 New Colony Dr Unit 29, Old Orchard Beach, ME

This home is located at 2 New Colony Dr Unit 29, Old Orchard Beach, ME 04064 since 31 August 2021 and is currently estimated at $264,907, approximately $299 per square foot. This property was built in 1991. 2 New Colony Dr Unit 29 is a home located in York County with nearby schools including Jameson Elementary School, Loranger Memorial School, and Old Orchard Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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