NOT LISTED FOR SALE

2 Ryefield Dr Unit 17 Old Orchard Beach, ME 04064

Estimated Value: $198,000 - $225,000

1 Bed
1 Bath
735 Sq Ft
$225/mo HOA Fee

Last Sold May 14, 2024

Last sale price $208,000 $283 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,542/month

4 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Property is near golf course and public transit
  • Public Beach
  • 0.58 Acre Lot
  • Bathtub

About This Home

As of May 2024

Welcome to the seaside community of Old Orchard Beach! Don't miss the opportunity to own this 1 bedroom condo unit that is efficient to heat, close to the turnpike, free laundry, and is just a short drive to 7 miles of sandy beach. Low condo fees and excellent rental history. This would make a great year-round, second home, or investment property. Easy commute to Portland, a short walk to the Trolly stop at Dunkin Donuts that brings you right to the beach.

Last Agent to Sell the Property

Deja Lett

Keller Williams Realty Listed on: 04/25/2024

Keller Williams Realty

Last Buyer's Agent

Cory Abbott

Bean Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,671

Year Built

  • Built in 1987

Lot Details

  • Public Beach
  • Open Lot

HOA Fees

  • $225 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 735 Sq Ft Home
  • Living Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Reserved Parking

Utilities

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

Additional Features

  • Nearby Water Access
  • Property is near golf course and public transit

Listing and Financial Details

  • Legal Lot and Block 15-17 / 2
  • Assessor Parcel Number OOBH-000210-000002-000015-000017

Community Details

Overview

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

Recreation

  • Country Club

Pet Policy

  • No Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,671

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: 0.58
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Royal Crest Condo Association
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 735.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 282.99
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.58
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 735.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: 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:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: 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:Rental Allowed: Yes
  • Condominium:Units in Building: 18
  • Style:Garden: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Location:Near Country Club: Yes
  • Water Info:Island3: No
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Condominium:Total Units4: 18
  • Condominium:Rental Terms: 60 days
  • Condominium:_pound_ of Buildings: 1
  • Restrictions:No Dogs Allowed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 1
  • Advertising Remarks:Advertising Remarks: Welcome to the seaside community of Old Orchard Beach! Don't miss the opportunity to own this 1 bedroom condo unit that is efficient to heat, close to the turnpike, free laundry, and is just a short drive to 7 miles of sandy beach. Low condo fees and excellent rental history. This would make a great year-round, second home, or investment property. Easy commute to Portland, a short walk to the Trolly stop at Dunkin Donuts that brings you right to the beach.
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Bathtub, One-Floor Living
  • Kitchen Kitchen Level: Third
  • Living Room Living Room Level: Third
  • Bedroom 1:Bedroom 1 Level: Third

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Public Transit, Near Railroad
  • 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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Dogs Allowed, Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25264.8
  • Parcel #: OOBH-000210-000002-000015-000017
  • Zoning: R-4

Multi Family

  • Number Of Units In Community: 18
  • Number Of Units Total: 18

Tax Info

  • Tax Annual Amount: 1671.0
  • Tax Block: 2
  • Tax Lot: 15-17
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 14, 2024
Sold by
Martin John P and Martin Joyce M
Bought by
Curtis Nicholas E
Seller's Agent
Deja Lett
Keller Williams Realty
Buyer's Agent
Cory Abbott
Bean Group
List Price
$208,000
Sold Price
$208,000
Views
49
Current Estimated Value
$227,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,241
Avg. Annual Appreciation
2.20%
Original Mortgage
$201,760
Outstanding Balance
$198,898
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$16,890
Source: Public Records
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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
Curtis Nicholas E $208,000 None Available
Curtis Nicholas E $208,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curtis Nicholas E $201,760
Closed Curtis Nicholas E $201,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2024 05/14/24 Sold $208,000 0.0% $283 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $208,000 -- $283 / 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 $1,679 $154,300 $7,300 $147,000
2023 $1,671 $146,600 $6,600 $140,000
2022 $1,559 $127,400 $5,800 $121,600
2021 $1,423 $100,500 $5,800 $94,700
2020 $1,406 $91,200 $5,300 $85,900
2019 $1,203 $77,600 $5,300 $72,300
2018 $1,071 $70,000 $5,300 $64,700
2017 $1,075 $68,500 $4,500 $64,000
2016 $1,082 $70,000 $4,500 $65,500
2015 $1,063 $70,000 $4,500 $65,500
2014 $1,112 $74,700 $4,500 $70,200
2013 -- $74,700 $4,500 $70,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1587372

Maine Listings

APN: OOBH-000210-000002-000015-000017