NOT LISTED FOR SALE

2 New Colony Dr Unit 5 Old Orchard Beach, ME 04064

Estimated Value: $227,000 - $242,039

2 Beds
1 Bath
885 Sq Ft
$360/mo HOA Fee

Last Sold March 06, 2025

Last sale price $227,900 $258 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,868/month

29 Days on Market

Highlights

  • Nearby Water Access
  • 5.04 Acre Lot
  • Living Room
  • Public Beach
  • Air Conditioning
  • Tile Flooring

About This Home

As of March 2025

Enjoy living in this first floor open concept garden style condo. Delight in all the attractions that Old Orchard and Saco has to offer; beaches, water parks, golf course and more. While being able to go back and relax in this quiet and private location away from all the attractions. Easy access to the interstate if you need to travel. HOA fee is $360 with an additional $82 for Spectrum for Internet/Premium Cable total is $442.00 a month.

Last Agent to Sell the Property

Rhonda Taylor

Century 21 North East Listed on: 01/15/2025

Century 21 North East

Last Buyer's Agent

Robert Metayer

Client First Realty Maine

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,462

Year Built

  • Built in 1988

Lot Details

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

HOA Fees

  • $360 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 885 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Additional Features

  • Nearby Water Access
  • Property is near a golf course

Listing and Financial Details

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

Community Details

Overview

  • 8 Units
  • FHA/VA Approved Complex

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,462

Year Built

Built in 1988

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 5.04
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Take Cascade Rd, left onto Ross Rd and turn left onto New Colony Drive; first building on the left.
  • Above Grade Finished Sq Ft: 885.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: 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
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 360.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • 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
  • Floors:Laminate: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Gas:Natural - At Street: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Cooling:AC Units: Yes
  • 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

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: One-Floor Living
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, 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, Common, Off Street

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 360.0
  • 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-000103-000001-000005-000005
  • Zoning: RES

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 2462.0
  • Tax Block: 1
  • Tax Book Number: 15063
  • Tax Lot: 5-5
  • Tax Map Number: 103
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Mar 6, 2025
Sold by
Seamans Keith A
Bought by
Wash Tyler
Seller's Agent
Rhonda Taylor
Century 21 North East
Buyer's Agent
Robert Metayer
Client First Realty Maine
List Price
$234,900
Sold Price
$227,900
Premium/Discount to List
-$7,000
-2.98%
Total Days on Market
29
Views
124
Current Estimated Value
$232,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,360
Avg. Annual Appreciation
7.00%
Original Mortgage
$220,817
Outstanding Balance
$220,635
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$11,625

Purchase Details

Closed on
Jan 18, 2007
Sold by
Bray John E
Bought by
Seamans Keith A
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
Wash Tyler $227,647 None Available
Wash Tyler $227,647 None Available
Seamans Keith A -- --
Seamans Keith A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wash Tyler $220,817
Closed Wash Tyler $220,817
Previous Owner Seamans Keith A $62,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $227,900 +1.3% $258 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/06/2025 02/06/25 Price Changed $224,900 -4.3% $254 / Sq Ft
01/15/2025 01/15/25 For Sale $234,900 -- $265 / 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 $1,675 $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: 1612580

Maine Listings

APN: OOBH-000103-000001-000005-000005