NOT LISTED FOR SALE

2 Ryefield Dr Unit 4 Old Orchard Beach, ME 04064

Estimated Value: $214,000 - $251,659

2 Beds
1 Bath
910 Sq Ft
$200/mo HOA Fee

Last Sold August 15, 2023

Last sale price $180,000 $198 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,588/month

2 Days on Market

Highlights

  • Public Beach
  • Property is near public transit
  • 1-Story Property
  • 0.58 Acre Lot
  • Living Room
  • Baseboard Heating

About This Home

As of August 2023

Great opportunity to invest or owner occupy this 2 bedroom sunny condo unit minutes from the beach and turnpike. Unit needs to have the bathroom fixed and completed as well as other minor interior repairs. Bring your fresh ideas and create a wonderful space to call home. Lower fees, onsite parking, cats allowed this is a great opportunity to get your foot in the door with home ownership or start your investment portfolio. Schedule your showing today. OPEN HOUSE CANCELLED

Last Agent to Sell the Property

Deja Lett

Keller Williams Realty Listed on: 07/12/2023

Keller Williams Realty

Co-Listed By

Melissa Milem

Keller Williams Realty

Last Buyer's Agent

Melissa Cyr

Landing Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 2006

Lot Details

  • Public Beach

HOA Fees

  • $200 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 910 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Formica Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Parking

  • 1 Parking Space
  • Driveway
  • Paved Parking

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 15-4 / 2
  • Assessor Parcel Number OOBH-000210-000002-000015-000004

Community Details

Overview

  • 18 Units

Pet Policy

  • No Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,845

Year Built

Built in 2006

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.58
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 910.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 2006
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.58
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 910.0
  • Property Information:Garage: No
  • 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:Electric Range: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 200.0
  • 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
  • Style:Garden: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Kitchen Countertop:Formica: Yes
  • Location:Near Railroad: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: One-Floor Living, Shower
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, 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

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: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Dogs Allowed

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25264.8
  • Parcel #: OOBH-000210-000002-000015-000004
  • Zoning: R-4

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 1845.0
  • Tax Block: 2
  • Tax Book Number: 18755
  • Tax Lot: 15-4
  • Tax Map Number: 210
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Aug 15, 2023
Sold by
Wood Zachery R
Bought by
Shung Melissa and Shung Godfrey D
Seller's Agent
Deja Lett
Keller Williams Realty
Buyer's Agent
Melissa Cyr
Landing Real Estate
List Price
$164,900
Sold Price
$180,000
Premium/Discount to List
$15,100
9.16%
Current Estimated Value
$229,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,665
Avg. Annual Appreciation
12.12%
Original Mortgage
$131,678
Outstanding Balance
$128,621
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,044

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 30, 2021
Sold by
Adams Christine E
Bought by
Wood Zachery R
Seller's Agent
Jennifer Eri Susan Croteau
Bean Group
Buyer's Agent
Kimberly Bohn
207 Prime Properties, LLC
List Price
$159,000
Sold Price
$162,000
Premium/Discount to List
$3,000
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$157,140
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
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
Shung Melissa $180,000 None Available
Wood Zachery R -- Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shung Melissa $131,678
Previous Owner Wood Zachery R $157,140
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2023 08/15/23 Sold $180,000 +9.2% $198 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $164,900 +1.8% $181 / Sq Ft
07/30/2021 07/30/21 Sold $162,000 +1.9% $178 / Sq Ft View Prior Sale
06/16/2021 06/16/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $159,000 -- $175 / 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: 1565038

Maine Listings

APN: OOBH-000210-000002-000015-000004