NOT LISTED FOR SALE

205 E Grand Ave Unit 7B Old Orchard Beach, ME 04064

Estimated Value: $704,000 - $737,811

2 Beds
2 Baths
1,144 Sq Ft
$234/mo HOA Fee

Last Sold August 21, 2015

Last sale price $305,000 $267 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,635/month

374 Days on Market

Highlights

  • 200 Feet of Waterfront
  • In Ground Pool
  • Main Floor Bedroom
  • Access to Tidal Water
  • 1.3 Acre Lot
  • Furnished

About This Home

As of August 2015

Great complex, nicely landscaped, with heated pool, & grills for outside cooking. NE side of building w/views of beach & Prouts Neck. Seventh floor, 2 bdrms, 2 bath unit with deck off living room. Pet friendly. Fully furnished!

Last Agent to Sell the Property

Charlene Weinstein

Charlene's Coastal Properties Listed on: 07/10/2014

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,660

Year Built

  • Built in 1984

Lot Details

  • 200 Feet of Waterfront
  • Ocean Front
  • Landscaped
  • Sprinkler System

HOA Fees

  • $234 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,144 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Room
  • Water Views
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • In Ground Pool
  • Access to Tidal Water
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 4-7B / 2
  • Assessor Parcel Number 205East Grand Avenue7BOldOrcha20224-7B

Community Details

Overview

  • 55 Units
  • High-Rise Condominium
  • Pine Point Vista Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Elevator
  • Community Storage Space

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,660

Year Built

Built in 1984

Lot Details

0

HOA Fees

$234 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Pine Point Vista
  • Directions: Rt.1 in Scarborough to Pine Point Rd., at Clambake bear R onto East Grand Ave.(5th high rise on Left)
  • Above Grade Finished Sq Ft: 1144.0
  • Architectural Style: High Rise
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.3
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1144.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: 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
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 234.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 55
  • Water Heater:Electric2: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Owned -: 200.0
  • Dining Room Amenities:Dining Area: Yes
  • Property Information:Deed Restrictions: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Amenities:Furniture Included: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Washer/Dryer Other Location: Yes
  • Amenities:Elevator Passenger: Yes
  • Misc Amenities Sprinkler: Yes
  • Style:High Rise: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Accessibility Features: Accessible Approach with Ramp
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closets, Elevator Passenger, Furniture Included, Storage, Primary Bedroom w/Bath
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Other
  • Pool Features: In Ground
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Concrete, Other
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Sprinkler, Security System
  • 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: 234.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 56628.0
  • Parcel #: 205East Grand Avenue7BOldOrcha20224-7B
  • Zoning: Res

Multi Family

  • Number Of Units In Community: 55

Tax Info

  • Tax Annual Amount: 4660.0
  • Tax Block: 2
  • Tax Book Number: 16210
  • Tax Lot: 4-7B
  • Tax Map Number: 202
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2018
Sold by
Schnell Elizabeth A and Schnell Theodore L
Bought by
Sirois Peter R and Regan Maribeth
Current Estimated Value
$720,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$154,382
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$575,189

Purchase Details

Listed on
Jul 10, 2014
Closed on
Aug 25, 2015
Sold by
Hoffman Dolores M and Hoffman Sumner M
Bought by
Schnell Theodore L and Schnell Elizabeth A
Seller's Agent
Charlene Weinstein
Charlene's Coastal Properties
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$384,000
Sold Price
$305,000
Premium/Discount to List
-$79,000
-20.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$228,750
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2013
Sold by
Hoffman Sumner M and Hoffman Dolores W
Bought by
Hoffman Sumner M and Hoffman Dolores W
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
Sirois Peter R -- --
Schnell Theodore L -- --
Hoffman Sumner M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sirois Peter R $250,000
Previous Owner Schnell Theodore L $228,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $305,000 -20.6% $267 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
07/10/2014 07/10/14 For Sale $384,000 -- $336 / 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 $6,952 $639,000 $38,500 $600,500
2023 $6,952 $609,800 $37,900 $571,900
2022 $6,420 $524,500 $34,500 $490,000
2021 $6,120 $432,200 $35,700 $396,500
2020 $6,236 $404,400 $31,100 $373,300
2019 $6,268 $404,400 $31,100 $373,300
2018 $6,187 $404,400 $31,100 $373,300
2017 $5,366 $341,800 $30,600 $311,200
2016 $5,266 $340,600 $29,400 $311,200
2015 $5,170 $340,600 $29,400 $311,200
2014 $5,068 $340,600 $29,400 $311,200
2013 -- $347,800 $29,400 $318,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1144838

Maine Listings

APN: OOBH-000202-000002-000004-000007B