NOT LISTED FOR SALE

39 Smithwheel Rd Unit 31 Old Orchard Beach, ME 04064

Estimated Value: $252,000 - $257,096

2 Beds
1 Bath
875 Sq Ft
$225/mo HOA Fee

Last Sold January 19, 2024

Last sale price $227,000 $259 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,773/month

20 Days on Market

Highlights

  • Public Beach
  • 13.2 Acre Lot
  • Bathtub
  • In Ground Pool
  • Property is near public transit
  • Living Room

About This Home

As of January 2024

Loads of potential for this bright 2nd floor condo. Great location and within close proximity to Interstate 95, downtown Saco, Old Orchard and Ocean Park beaches. Association grounds include outdoor space for table, chairs and grills and an inground swimming pool! 2 assigned parking spaces plus additional guest spots. Pet friendly. Owners are allowed one dog or one cat.
Rentals are permitted with a minimum 30 days. Tenants are not allowed to have pets.

Last Agent to Sell the Property

Nicole Saucier

Grand Real Estate & Management Listed on: 12/01/2023

Last Buyer's Agent

April Cohen

Duston Leddy Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 1988

Lot Details

  • Public Beach
  • Open Lot

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 875 Sq Ft Home
  • Living Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • In Ground Pool

Location

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

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 20-26 / 1
  • Assessor Parcel Number OOBH-000210-000001-000020-000031

Community Details

Overview

  • 8 Buildings
  • 8 Units
  • Smithwheel Farms Condominium Subdivision
  • FHA/VA Approved Complex

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,264

Year Built

Built in 1988

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 13.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Smithwheel Farms Condominium
  • Directions: Coming from 195 onto Ocean Park Rd take a left onto Smithwheel Rd. #39 Smithwheel Farms sign on the left. Drive all the way through and last building on the left. Building #4 and Unit #31 is around back. #31 parking spots.
  • Above Grade Finished Sq Ft: 875.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 273.14
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 13.2
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 875.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: 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:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 225.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 8
  • Style:Garden: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Sewer:Quasi-Public: Yes
  • Transportation:Rail Available: Yes
  • Condominium:Total Units4: 57
  • Condominium:_pound_ of Buildings: 8
  • Restrictions:_one_ Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Advertising Remarks:Advertising Remarks: Loads of potential for this bright 2nd floor condo. Great location and within close proximity to Interstate 95, downtown Saco, Old Orchard and Ocean Park beaches. Association grounds include outdoor space for table, chairs and grills and an inground swimming pool! 2 assigned parking spaces plus additional guest spots. Pet friendly. Owners are allowed one dog or one cat. Rentals are permitted with a minimum 30 days. Tenants are not allowed to have pets.
  • Special Features: None

Interior Features

  • Number Of Buildings: 8
  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bathtub, One-Floor Living
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Public Transit, Near Railroad
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 1 Pet

Schools

  • Junior High Dist: RSU 23

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 574992.0
  • Parcel #: OOBH-000210-000001-000020-000031
  • Zoning: R4

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 57

Tax Info

  • Tax Annual Amount: 2264.0
  • Tax Block: 1
  • Tax Lot: 20-26
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Jan 19, 2024
Sold by
Purington Leo T
Bought by
Perron Gabrielle M
Seller's Agent
Nicole Saucier
Grand Real Estate & Management
Buyer's Agent
April Cohen
Duston Leddy Real Estate
List Price
$239,000
Sold Price
$227,000
Premium/Discount to List
-$12,000
-5.02%
Views
2
Current Estimated Value
$255,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,274
Avg. Annual Appreciation
6.44%
Original Mortgage
$204,300
Outstanding Balance
$200,779
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$54,495

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 28, 2020
Sold by
Mcinerney Joseph
Bought by
Purington Leo T
Seller's Agent
Jennifer Eri Susan Croteau
Bean Group
Buyer's Agent
Steve Levine
Century 21 First Choice Realty
List Price
$160,000
Sold Price
$151,000
Premium/Discount to List
-$9,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
Original Mortgage
$113,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perron Gabrielle M $227,000 None Available
Purington Leo T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perron Gabrielle M $204,300
Previous Owner Purington Leo T $113,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2024 01/19/24 Sold $227,000 -5.0% $259 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $239,000 +58.3% $273 / Sq Ft
09/28/2020 09/28/20 Sold $151,000 -5.6% $173 / Sq Ft View Prior Sale
08/20/2020 08/20/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $160,000 -- $183 / 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 $2,524 $232,000 $28,700 $203,300
2023 $2,469 $216,600 $23,000 $193,600
2022 $2,264 $185,000 $23,000 $162,000
2021 $1,865 $131,700 $23,000 $108,700
2020 $1,705 $110,600 $23,000 $87,600
2019 $1,714 $110,600 $23,000 $87,600
2018 $1,083 $92,000 $23,000 $69,000
2017 $1,283 $81,700 $17,200 $64,500
2016 $1,387 $89,700 $17,200 $72,500
2015 $1,362 $89,700 $17,200 $72,500
2014 $1,415 $95,100 $17,200 $77,900
2013 -- $96,000 $17,200 $78,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1578506

Maine Listings

APN: OOBH-000210-000001-000020-000031