NOT LISTED FOR SALE

Estimated Value: $685,002 - $777,000

1 Bed
1.5 Baths
972 Sq Ft
$240/mo HOA Fee

Last Sold September 27, 2018

Last sale price $424,900 $437 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,322/month

23 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Deck
  • Wells Junior High School Rated A-
  • Public Beach
  • Contemporary Architecture

About This Home

As of September 2018

Located in the heart of Ogunquit with short walk to Ogunquit Beach, Village and Perkins. This stylishly updated 1 bedroom plus loft condo comes fully furnished with high-end finishes throughout...the kitchen features gleaming granite countertops, stainless steel appliances and a large breakfast bar perfect for guests. Central air, wood floors, washer/dryer and terrific backyard deck perfect after a day at the beach.

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 08/07/2018

Last Buyer's Agent

Pamela Maxon

Moody Maxon Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,636

Year Built

  • Built in 1986

Lot Details

  • Ocean Front
  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 972 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Room
  • Loft
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Shared Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near a golf course
  • City Lot

Utilities

  • Central Air
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 012
  • Assessor Parcel Number OGUN-000005-000012-000005

Community Details

Overview

  • 4 Units
  • Colony Terrace Subdivision

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,636

Year Built

Built in 1986

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: COLONY TERRACE
  • Directions: From Ogunquit Village take Shore Road towards Perkins Cove. Colony Terrace is on the left.
  • Above Grade Finished Sq Ft: 972.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1986
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 437.14
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.42
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 972.0
  • 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
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 240.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 4
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Amenities:Furniture Included: Yes
  • Loft:Loft: Yes
  • Restrictions:_one_ Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Furniture Included
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 1 Pet

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18295.2
  • Parcel #: OGUN-000005-000012-000005
  • Zoning: LBD

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 2636.0
  • Tax Lot: 012
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Oct 1, 2018
Sold by
Newton Joshua R
Bought by
Masline Jeffrey A and Masline Kelly O
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Pamela Maxon
Moody Maxon Real Estate
List Price
$469,900
Sold Price
$424,900
Premium/Discount to List
-$45,000
-9.58%
Current Estimated Value
$723,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,101
Avg. Annual Appreciation
7.71%
Original Mortgage
$339,920
Outstanding Balance
$296,430
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$426,571

Purchase Details

Listed on
Feb 3, 2016
Closed on
Aug 1, 2016
Sold by
Donohue Cheryl F and Slater Michael R
Bought by
Newton Joshua R
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Paul Salacain
Gosselin Realty Group
List Price
$369,900
Sold Price
$359,900
Premium/Discount to List
-$10,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$323,900
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2013
Sold by
Moscovitis Georgia Est
Bought by
Donohue Cheryl F and Slater Michael R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Masline Jeffrey A -- --
Newton Joshua R -- --
Donohue Cheryl F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masline Jeffrey A $339,920
Previous Owner Newton Joshua R $323,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2018 09/27/18 Sold $424,900 -9.6% $437 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $469,900 +30.6% $483 / Sq Ft
07/29/2016 07/29/16 Sold $359,900 -2.7% $370 / Sq Ft View Prior Sale
06/23/2016 06/23/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $369,900 -- $381 / 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 $3,300 $510,900 $187,500 $323,400
2023 $3,300 $510,900 $187,500 $323,400
2022 $3,229 $510,900 $187,500 $323,400
2021 $2,831 $347,800 $37,300 $310,500
2020 $2,782 $347,800 $37,300 $310,500
2019 $2,782 $347,800 $37,300 $310,500
2018 $2,751 $347,800 $37,300 $310,500
2017 $2,636 $347,800 $37,300 $310,500
2016 $3,032 $374,800 $48,500 $326,300
2015 $2,801 $347,100 $48,500 $298,600
2014 $2,693 $347,100 $48,500 $298,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1364941

Maine Listings

APN: OGUN-000005-000012-000005