NOT LISTED FOR SALE

2 Ryefield Dr Unit 15 Old Orchard Beach, ME 04064

Estimated Value: $224,000 - $255,159

2 Beds
1 Bath
910 Sq Ft
$225/mo HOA Fee

Last Sold June 28, 2024

Last sale price $230,000 $253 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,686/month

6 Days on Market

Highlights

  • Public Beach
  • View of Trees or Woods
  • Wooded Lot
  • Country Club
  • 0.57 Acre Lot
  • Main Floor Bedroom

About This Home

As of June 2024

Welcome to your opportunity to own a piece of Old Orchard Beach! This charming condo complex is situated just a short drive from the ocean and conveniently close to the highway. Whether you're seeking a vacation retreat, a permanent residence, or a long-term rental investment, this unit has you covered. Recently upgraded with fresh paint, new flooring, and modern windows, it boasts both comfort and style. Additionally, enjoy the convenience of complimentary shared laundry facilities on each floor, making life a breeze. Efficient heating and maintenance add to the appeal. With local restaurants and convenience stores within walking distance, and trolley access just around the corner at Dunkin Donuts, convenience is at your doorstep

Last Agent to Sell the Property

Christina Connell

Berkshire Hathaway HomeServices Verani Realty Listed on: 05/09/2024

Berkshire Hathaway HomeServices Verani Realty

Last Buyer's Agent

Erin Oldham

Portside Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,977

Year Built

  • Built in 1987

Lot Details

  • Public Beach
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $225 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 910 Sq Ft Home
  • Living Room
  • Views of Woods

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Home Security

Parking

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

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 15-15
  • Assessor Parcel Number OOBH-000210-000002-000015-000015

Community Details

Overview

  • 18 Units
  • Royal Crest Condo Association Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Country Club

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,977

Year Built

Built in 1987

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • MLS Status: Closed
  • Subdivision Name: Royal Crest Condo Association
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 910.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.57
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 910.0
  • Property Information:Garage: No
  • 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:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 225.0
  • 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: 18
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Basement:Slab2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Location:Near Country Club: Yes
  • Misc Amenities Sprinkler: Yes
  • Condominium:_pound_ of Buildings: 1
  • Restrictions:Pet: 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: 1
  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bathtub
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Common, Off Street

Utilities

  • Security: Sprinkler
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24829.2
  • Parcel #: OOBH-000210-000002-000015-000015
  • Zoning: R4

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 1977.0
  • Tax Book Number: 18825
  • Tax Lot: 15-15
  • Tax Map Number: 210
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 28, 2024
Sold by
Connell Eric
Bought by
Childress Ashley and Grandi Devin
Seller's Agent
Christina Connell
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Erin Oldham
Portside Real Estate Group
List Price
$230,000
Sold Price
$230,000
Views
13
Current Estimated Value
$243,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,290
Avg. Annual Appreciation
4.52%
Original Mortgage
$184,000
Outstanding Balance
$181,815
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$61,475

Purchase Details

Listed on
Aug 9, 2021
Closed on
Oct 1, 2021
Sold by
Coldwell Matthew
Bought by
Connell Eric
Seller's Agent
Julie Lemieux
Old Orchard Beach Realty LLC
Buyer's Agent
Christina Connell
Berkshire Hathaway HomeServices Verani Realty
List Price
$162,000
Sold Price
$170,000
Premium/Discount to List
$8,000
4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%
Original Mortgage
$161,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2020
Sold by
Coldwell Arthur and Coldwell Pamela
Bought by
Coldwell Matthew
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
Childress Ashley $230,000 None Available
Childress Ashley $230,000 None Available
Connell Eric -- Misc Company
Connell Eric -- Misc Company
Coldwell Matthew -- None Available
Coldwell Matthew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Childress Ashley $184,000
Closed Childress Ashley $184,000
Previous Owner Connell Eric $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $230,000 0.0% $253 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $230,000 +35.3% $253 / Sq Ft
10/01/2021 10/01/21 Sold $170,000 +4.9% $187 / Sq Ft View Prior Sale
08/17/2021 08/17/21 Pending -- -- --
08/08/2021 08/08/21 For Sale $162,000 -- $178 / 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 $1,986 $182,500 $7,300 $175,200
2023 $1,977 $173,400 $6,600 $166,800
2022 $1,845 $150,700 $5,800 $144,900
2021 $1,681 $118,700 $5,800 $112,900
2020 $1,659 $107,600 $5,300 $102,300
2019 $1,418 $91,500 $5,300 $86,200
2018 $1,271 $82,500 $5,300 $77,200
2017 $1,269 $80,800 $4,500 $76,300
2016 $1,277 $82,600 $4,500 $78,100
2015 $1,254 $82,600 $4,500 $78,100
2014 $1,311 $88,100 $4,500 $83,600
2013 -- $88,100 $4,500 $83,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1589029

Maine Listings

APN: OOBH-000210-000002-000015-000015