NOT LISTED FOR SALE

Estimated Value: $568,000 - $693,000

1 Bed
1 Bath
638 Sq Ft
$200/mo HOA Fee

Last Sold January 01, 2016

Last sale price $290,000 $455 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,766/month

140 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Country Club
  • Wells Junior High School Rated A-
  • Public Beach
  • Scenic Views

About This Home

As of January 2016

Welcome to your year-round home away from home in scenic Ogunquit. Enjoy short strolls or Trolley rides to famed Ogunquit beaches, Perkins Cove, Marginal Way, Ogunquit Playhouse and a variety of shops, galleries and restaurants. This freshly painted unit at Colony Terrace offers deeded parking for two cars, vaulted ceilings, large windows for natural light, plenty of storage and well landscaped park-like grounds to soak in the view. Move-in ready for quick occupancy to take advantage of the summer season!

Last Agent to Sell the Property

Matt Searock

RE/MAX Realty One Listed on: 07/27/2015

RE/MAX Realty One

Last Buyer's Agent

Matt Searock

RE/MAX Realty One Listed on: 07/27/2015

RE/MAX Realty One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,139

Year Built

  • Built in 1986

Lot Details

  • Ocean Front
  • Public Beach
  • Landscaped

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Rowhouse Architecture
  • Garden Apartment
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 638 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room
  • Scenic Vista Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Basement

  • Exterior Basement Entry
  • Crawl Space

Home Security

Parking

  • Tandem Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access

Location

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Baseboard Heating
  • Natural Gas Not Available
  • High-Efficiency Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 007
  • Assessor Parcel Number OGUN-000005-000012-000007

Community Details

Overview

  • 2 Units
  • Colony Terrace Subdivision

Recreation

  • Country Club

Pet Policy

  • Pet Size Limit

Additional Features

  • Community Storage Space
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,139

Year Built

Built in 1986

Lot Details

0

HOA Fees

$200 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: Ogunquit Center to Shore Rd. Colony Terrace on left midway between center of town and Perkins Cove. Left on Ledge Rd first driveway on left.
  • Above Grade Finished Sq Ft: 638.0
  • Architectural Style: Garden, Row-End
  • Efficiency: Storm Doors, High Efficiency Water Heater
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 454.55
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.42
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 638.0
  • 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:Electric Range: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 2
  • Style:Garden: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Condominium:Total Units4: 8
  • Kitchen Amenities:Vaulted Ceiling12: Yes
  • Restrictions:Pet Weight Limit: Yes
  • Bedroom 1 Amenities:Vaulted Ceiling: Yes
  • Living Room Amenities:Vaulted Ceiling14: Yes
  • Vehicle Storage:Tandem: Yes
  • Style:Row-End: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Public Transit
  • View: Scenic
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Size Limit

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18295.2
  • Parcel #: OGUN-000005-000012-000007
  • Zoning: LBD

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 2139.0
  • Tax Lot: 007
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Jan 5, 2016
Sold by
Ohanian Walter V and Ohanian Mary A
Bought by
Perla Stephen A and Olson Thomas M
Seller's Agent
Matt Searock
RE/MAX Realty One
Buyer's Agent
Matt Searock
RE/MAX Realty One
List Price
$304,900
Sold Price
$290,000
Premium/Discount to List
-$14,900
-4.89%
Current Estimated Value
$631,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,053
Avg. Annual Appreciation
8.16%
Original Mortgage
$203,000
Outstanding Balance
$160,692
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$470,361
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perla Stephen A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perla Stephen A $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2016 01/01/16 Sold $290,000 -4.9% $455 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $304,900 -- $478 / 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 $3,072 $475,500 $187,500 $288,000
2023 $3,072 $475,500 $187,500 $288,000
2022 $3,005 $475,500 $187,500 $288,000
2021 $2,427 $298,200 $37,300 $260,900
2020 $2,386 $298,200 $37,300 $260,900
2019 $3,432 $298,200 $37,300 $260,900
2018 $2,359 $298,200 $37,300 $260,900
2017 $2,260 $298,200 $37,300 $260,900
2016 $2,777 $343,300 $48,500 $294,800
2015 $2,224 $275,600 $48,500 $227,100
2014 $2,139 $275,600 $48,500 $227,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1213927

Maine Listings

APN: OGUN-000005-000012-000007