NOT LISTED FOR SALE

2 New Colony Dr Unit 37 Old Orchard Beach, ME 04064

Estimated Value: $277,083 - $298,000

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

Last Sold May 27, 2022

Last sale price $241,000 $272 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,006/month

4 Days on Market

Highlights

  • Public Beach
  • Living Room
  • Baseboard Heating
  • Main Floor Bedroom
  • Tile Flooring
  • Property is near a golf course

About This Home

As of May 2022

Pride of ownership with the convenience of condo living - Move right in to this spacious 2 bedroom condo and enjoy being just minutes from the beach! This well laid out first floor unit offers an open living space. The updated kitchen with stainless steel appliances opens to the living and dining area - ideal for entertaining. Down the hall you'll find two spacious bedrooms and a full bathroom. 2 reserved parking spots. Just a 5 minute drive to Old Orchard Beach! Schedule your showing today before the opportunity is gone!

Last Agent to Sell the Property

Mark Zoeller

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 05/04/2022

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Laurie Roberge

The Real Estate Store

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,774

Year Built

  • Built in 1992

Lot Details

  • Property fronts a private road
  • Public Beach

HOA Fees

  • $275 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 885 Sq Ft Home
  • Living Room
  • Laundry on main level

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

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

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 5 Buildings
  • 8 Units

Listing and Financial Details

  • Legal Lot and Block 5-37 / 1
  • Assessor Parcel Number OOBH-000103-000001-000005-000037

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,774

Year Built

Built in 1992

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private
  • MLS Status: Closed
  • Directions: Route 1NB, right onto route 98, left onto Ross road, left onto New Colony Drive.
  • Above Grade Finished Sq Ft: 885.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1992
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 885.0
  • Property Information:Garage: No
  • Site:Level: 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
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: 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
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 8
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Heat Fuel:Gas Natural: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Basement:Slab2: Yes
  • Heat System:Direct Vent Heater: Yes
  • Condominium:Total Units4: 40
  • Condominium:_pound_ of Buildings: 5
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 5
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • 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, Intown, Near Golf Course, Near Public Beach, Near Shopping
  • 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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, 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
  • Parcel #: OOBH-000103-000001-000005-000037
  • Zoning: RD

Multi Family

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

Tax Info

  • Tax Annual Amount: 1774.0
  • Tax Block: 1
  • Tax Lot: 5-37
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
May 27, 2022
Sold by
Justin Nancy
Bought by
Kay Danica
Seller's Agent
Mark Zoeller
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Laurie Roberge
The Real Estate Store
List Price
$235,000
Sold Price
$241,000
Premium/Discount to List
$6,000
2.55%
Current Estimated Value
$286,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,771
Avg. Annual Appreciation
5.12%

Purchase Details

Listed on
Dec 10, 2021
Closed on
Jan 17, 2022
Sold by
Grandy Keith G
Bought by
Justin Nancy
Seller's Agent
Jennifer Eri Susan Croteau
Bean Group
Buyer's Agent
Ardenio Valeri
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.14%

Purchase Details

Listed on
Jul 14, 2016
Closed on
Sep 9, 2016
Sold by
Depalma Maria C and Thibaudeau Michael J
Bought by
Grandy Keith G
Seller's Agent
Karen Gruver
Fontaine Family-The Real Estate Leader
Buyer's Agent
Meghan Kerry
Coldwell Banker Realty
List Price
$121,900
Sold Price
$120,000
Premium/Discount to List
-$1,900
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$86,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2012
Sold by
Amoroso Timothy P
Bought by
Thibaudeau Michael J and Depalma Maria C

Purchase Details

Closed on
Jan 31, 2006
Sold by
Jenkins Donna J
Bought by
Amoroso Timothy P
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
Kay Danica $241,000 None Available
Justin Nancy -- None Available
Grandy Keith G -- --
Thibaudeau Michael J -- --
Amoroso Timothy P $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grandy Keith G $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $241,000 +2.6% $272 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $235,000 +4.4% $266 / Sq Ft
01/25/2022 01/25/22 Sold $225,000 0.0% $254 / Sq Ft View Prior Sale
12/14/2021 12/14/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $225,000 +87.5% $254 / Sq Ft
09/09/2016 09/09/16 Sold $120,000 -1.6% $144 / Sq Ft View Prior Sale
07/16/2016 07/16/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $121,900 -- $146 / 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 $2,638 $242,500 $15,400 $227,100
2023 $2,570 $225,400 $13,200 $212,200
2022 $2,340 $191,200 $13,200 $178,000
2021 $1,774 $125,300 $13,200 $112,100
2020 $1,772 $114,900 $13,200 $101,700
2019 $1,747 $112,700 $13,200 $99,500
2018 $1,724 $112,700 $13,200 $99,500
2017 $1,719 $109,500 $11,000 $98,500
2016 $1,710 $110,600 $11,000 $99,600
2015 $1,679 $110,600 $11,000 $99,600
2014 $1,646 $110,600 $11,000 $99,600
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: 1526964

Maine Listings

APN: OOBH-000103-000001-000005-000037