NOT LISTED FOR SALE

Estimated Value: $371,000 - $438,000

1 Bed
2 Baths
720 Sq Ft
$233/mo HOA Fee

Last Sold June 19, 2020

Last sale price $201,000 $279 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,464/month

58 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • View of Trees or Woods
  • Wells Junior High School Rated A-
  • In Ground Pool
  • 11 Acre Lot

About This Home

As of June 2020

Year round 1st floor condo with 720 sq ft featuring 1 bedroom, 2 full baths, fully appliance,d kitchen and just a short walk to Ogunquit Center, Playhouse, restaurants, and beach. Amenities include indoor and outdoor pools, picnic area, bacce court, laundry, 2 parking spaces. This is the best value in Ogunquit dollars per sq ft in Ogunquit. Great rental potential!

Last Agent to Sell the Property

Michael Jones

The Aland Realty Group, LLC Listed on: 03/14/2020

Last Buyer's Agent

Nicole Thompson

Bean Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,207

Year Built

  • Built in 1987

Lot Details

  • Public Beach
  • Wooded Lot

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Block Foundation
  • Wood Frame Construction
  • Composition Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • Furnished
  • Views of Woods

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Shower Only

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Outbuilding

Location

  • Property is near public transit

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number OGUN-000005-000003-000027

Community Details

Overview

  • 2 Buildings
  • 20 Units
  • Seafarer Condominium Association Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Coin Laundry

Pet Policy

  • No Pets Allowed

Recreation

  • In Ground Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,207

Year Built

Built in 1987

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 11.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Seafarer Condominium Association
  • Directions: Rt 1 just south of Ogunquit Center on right
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 313.75
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 11.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 720.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Electric Range: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 700.0
  • Location Information:Fee Frequency Paid: Quarterly
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 20
  • Cooling:Heat Pump3: Yes
  • Style:Garden: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Shower: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Amenities:Furniture Included: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Fiberglass: Yes
  • Condominium:Total Units4: 40
  • Condominium:_pound_ of Buildings: 2
  • Amenities:Laundry - Coin: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Restrictions:No Cats Allowed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Refrigerator, Electric Range
  • Has Basement: Other, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Other, Shower
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Wooded, Near Public Beach, Near Shopping, Near Town, Near Public Transit
  • Pool Features: In Ground
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Roof: Fiberglass

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 700.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: No Cats Allowed, No Dogs Allowed

Association/Amenities

  • Association Amenities:Club House: Yes

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 479160.0
  • Parcel #: OGUN-000005-000003-000027
  • Zoning: GBD1

Multi Family

  • Number Of Units In Community: 20
  • Number Of Units Total: 40

Tax Info

  • Tax Annual Amount: 1207.0
  • Tax Lot: 6
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2020
Closed on
Jun 19, 2020
Sold by
Da Properties Llc
Bought by
Caster Holdings Ret
Seller's Agent
Michael Jones
The Aland Realty Group, LLC
Buyer's Agent
Nicole Thompson
Bean Group
List Price
$225,900
Sold Price
$201,000
Premium/Discount to List
-$24,900
-11.02%
Current Estimated Value
$396,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,326
Avg. Annual Appreciation
13.09%
Original Mortgage
$140,000
Outstanding Balance
$124,099
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$272,227
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
Caster Holdings Ret -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caster Holdings Ret $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $201,000 -11.0% $279 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
03/14/2020 03/14/20 For Sale $225,900 -- $314 / 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 $1,852 $286,700 $82,500 $204,200
2023 $1,852 $286,700 $82,500 $204,200
2022 $1,812 $286,700 $82,500 $204,200
2021 $1,242 $152,600 $8,100 $144,500
2020 $1,221 $152,600 $8,100 $144,500
2019 $1,221 $152,600 $8,100 $144,500
2018 $1,207 $152,600 $8,100 $144,500
2017 $1,212 $159,900 $8,100 $151,800
2016 $1,386 $171,300 $8,100 $163,200
2015 $1,386 $171,700 $8,100 $163,600
2014 $1,332 $171,700 $8,100 $163,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1447168

Maine Listings

APN: OGUN-000005-000003-000029