NOT LISTED FOR SALE

2 New Colony Dr Unit 39 Old Orchard Beach, ME 04064

Estimated Value: $283,000 - $328,000

2 Beds
1 Bath
885 Sq Ft
$428/mo HOA Fee

Last Sold May 22, 2024

Last sale price $310,000 $350 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,232/month

4 Days on Market

Highlights

  • 5.04 Acre Lot
  • Quartz Countertops
  • Landscaped
  • Main Floor Bedroom
  • Living Room
  • Baseboard Heating

About This Home

As of May 2024

This fantastic condo is situated on a peaceful street in Old Orchard Beach belonging to the Pilgrim Place association. Despite its serene location, this property remains conveniently close to local attractions. Meticulously updated, this residence boasts beautiful flooring, countertops, and immaculate details throughout, including a kitchen with countertop seating, modern appliances, and adjacent dining space. The thoughtful layout includes two bedrooms and one beautifully updated bath, located on one side an open concept, with a built-in stereo system perfect for entertaining. Experience the charm of this condo for yourself, you won't want to leave. Schedule a viewing today and discover the lifestyle that awaits you at 2 New Colony Unit 39.

Last Agent to Sell the Property

Doug Schauf

RE/MAX Oceanside Listed on: 04/17/2024

RE/MAX Oceanside

Co-Listed By

Curry White

RE/MAX Oceanside

Last Buyer's Agent

Autumn Potter

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 1992

Lot Details

  • Landscaped
  • Open Lot

HOA Fees

  • $428 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 885 Sq Ft Home
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

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

Location

  • Property is near a golf course

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5-39 / 1
  • Assessor Parcel Number OOBH-000103-000001-000005-000039

Community Details

Overview

  • 5 Buildings
  • 8 Units
  • Pilgram Place Subdivision

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,516

Year Built

Built in 1992

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 5.04
  • Co List Office Phone: 207-799-7600
  • MLS Status: Closed
  • Subdivision Name: Pilgram Place
  • Above Grade Finished Sq Ft: 885.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1992
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.04
  • 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:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 428.0
  • 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: 8
  • Style:Garden: 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
  • Amenities:Laundry - 1st Floor: Yes
  • Gas:Natural - At Street: Yes
  • Basement:Slab2: Yes
  • Heat System:Direct Vent Heater: Yes
  • Kitchen Countertop:Quartz: Yes
  • Condominium:Total Units4: 40
  • Condominium:_pound_ of Buildings: 5
  • Restrictions:Pet Weight Limit: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 2
  • Special Features: None

Interior Features

  • Number Of Buildings: 5
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: 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, Open Lot, Landscaped, Near Golf Course
  • 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
  • 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: 428.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets, Size Limit

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 219542.4
  • Parcel #: OOBH-000103-000001-000005-000039
  • Zoning: Res

Multi Family

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

Tax Info

  • Tax Annual Amount: 2515.98
  • Tax Block: 1
  • Tax Lot: 5-39
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
May 22, 2024
Sold by
Bibo Paul A
Bought by
Hanson Cheryl I
Seller's Agent
Doug Schauf
RE/MAX Oceanside
Buyer's Agent
Autumn Potter
Keller Williams Realty
List Price
$279,900
Sold Price
$310,000
Premium/Discount to List
$30,100
10.75%
Views
94
Current Estimated Value
$302,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,086
Avg. Annual Appreciation
-1.60%
Original Mortgage
$248,000
Outstanding Balance
$244,523
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$58,391

Purchase Details

Listed on
May 4, 2016
Closed on
Jul 20, 2016
Sold by
Charlton Adam W and Charlton Merydeth E
Bought by
Bibo Paul A
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Marc Chadbourne
Ocean Gate Realty, LLC.
List Price
$120,000
Sold Price
$118,500
Premium/Discount to List
-$1,500
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Original Mortgage
$88,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hanson Cheryl I $310,000 None Available
Hanson Cheryl I $310,000 None Available
Bibo Paul A -- --
Bibo Paul A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Cheryl I $248,000
Closed Hanson Cheryl I $248,000
Previous Owner Bibo Paul A $88,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2024 05/22/24 Sold $310,000 +12.4% $350 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/17/2024 04/17/24 Price Changed $275,900 -1.4% $312 / Sq Ft
04/17/2024 04/17/24 For Sale $279,900 +136.2% $316 / Sq Ft
07/15/2016 07/15/16 Sold $118,500 -1.3% $134 / Sq Ft View Prior Sale
05/15/2016 05/15/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $120,000 -- $136 / 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 $2,584 $237,500 $15,400 $222,100
2023 $2,516 $220,700 $13,200 $207,500
2022 $2,291 $187,200 $13,200 $174,000
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 $1,526 $110,600 $11,000 $99,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1586630

Maine Listings

APN: OOBH-000103-000001-000005-000039