NOT LISTED FOR SALE

Estimated Value: $580,000 - $682,710

1 Bed
1 Bath
638 Sq Ft
$254/mo HOA Fee

Last Sold April 28, 2023

Last sale price $625,000 $980 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,036/month

7 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Scenic Views
  • Wells Junior High School Rated A-
  • Country Club
  • Property is near public transit

About This Home

As of April 2023

Location, Location, Location! Park the car and walk to all Ogunquit restaurants and shops. This Colony Terrace end unit has a trolley stop right out your front door and is just a 1/2 mile from Perkins Cove and the Marginal Way and a mile from the town center and main beach. Colony Terrace is a small, well maintained 8-unit condominium that offers a professionally manicured courtyard and low condo fees which include public water and sewer. This home has lots of recent updates including interior decorating in 2015, new entry stairs and brick patio in 2018, kitchen renovation and appliances and exterior paint in 2021 and bathroom renovation in 2022. This unit has low taxes and includes an exclusive private 2-car tandem driveway for parking. Plenty of storage in attic that is accessed by a custom pull down staircase. Family room features a cathedral ceiling and large palladium window which provides lots of natural lighting. You won't find a better location to enjoy everything that Ogunquit has to offer including fabulous restaurants, pristine beaches, world class theater and so much more.! Buy now and enjoy the summer of 2023 in Ogunquit. Rare opportunity don't miss this special home!

Last Listed By

Dennis Page

Dennis M. Page Real Estate Listed on: 03/22/2023

Dennis M. Page Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1986

Lot Details

  • Public Beach
  • Landscaped

HOA Fees

  • $254 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 638 Sq Ft Home
  • Family Room
  • Scenic Vista Views
  • Attic

Kitchen

  • Electric Range
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Parking Spaces
  • 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
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Legal Lot and Block 8 / 12
  • Assessor Parcel Number OGUN-000005-000012-000008

Community Details

Overview

  • 3 Buildings
  • 2 Units

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,788

Year Built

Built in 1986

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 1 to Shore Road towards Perkins Cove
  • Above Grade Finished Sq Ft: 638.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 638.0
  • Property Information:Garage: No
  • Site:Well Landscaped: 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
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 253.57
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 2
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Condominium:Total Units4: 8
  • Condominium:_pound_ of Buildings: 3
  • Condominium:VA Certification: No
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Number Of Buildings: 3
  • Appliances: Refrigerator, Electric Range
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Attic, One-Floor Living
  • Kitchen Kitchen Level: First

Exterior Features

  • Lot Features: Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Near Public Transit
  • View: Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 253.57
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: OGUN-000005-000012-000008
  • Zoning: LBD

Multi Family

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

Tax Info

  • Tax Annual Amount: 2788.0
  • Tax Block: 12
  • Tax Book Number: 17148
  • Tax Lot: 8
  • Tax Map Number: 5
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Vermette Bridgette L
Bought by
Bridgette Vermette T and Bridgette V
Total Days on Market
7
Current Estimated Value
$639,178

Purchase Details

Listed on
Mar 22, 2023
Closed on
Apr 25, 2023
Sold by
Kauffman Mark D and Kauffman Tracey S
Bought by
Vermette Bridgette L
Seller's Agent
Dennis Page
Dennis M. Page Real Estate
Buyer's Agent
Bridgette Vermette
Keller Williams Realty
List Price
$549,900
Sold Price
$625,000
Premium/Discount to List
$75,100
13.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%

Purchase Details

Closed on
Dec 9, 2015
Sold by
Thomas James J and Thomas Virginia A
Bought by
Kauffman Tracey S and Kauffman Mark D

Range of Values:

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Average Value
Not Available
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
Bridgette Vermette T -- None Available
Bridgette Vermette T -- None Available
Vermette Bridgette L $625,000 None Available
Vermette Bridgette L $625,000 None Available
Kauffman Tracey S -- --
Kauffman Tracey S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kauffman Mark D $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $625,000 +13.7% $980 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $549,900 -- $862 / 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 $2,850 $441,100 $187,500 $253,600
2023 $2,850 $441,100 $187,500 $253,600
2022 $2,788 $441,100 $187,500 $253,600
2021 $2,177 $267,400 $37,300 $230,100
2020 $2,139 $267,400 $37,300 $230,100
2019 $2,139 $267,400 $37,300 $230,100
2018 $2,115 $267,400 $37,300 $230,100
2017 $3,491 $267,400 $37,300 $230,100
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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Source: Maine Listings

MLS Number: 1554348

Maine Listings

APN: 005 012 008