NOT LISTED FOR SALE

42 Old Colony Way Unit 1 Orleans, MA 02653

Estimated Value: $340,000 - $434,000

2 Beds
2 Baths
1,173 Sq Ft
$644/mo HOA Fee

Last Sold December 08, 2023

Last sale price $321,500 $274 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,880/month

17 Days on Market

Highlights

  • Property is near a marina
  • 1 Fireplace
  • Porch
  • Orleans Elementary School Rated A-
  • End Unit
  • 4-minute walk to Chessboard at Artist Cottages

About This Home

As of December 2023

Well maintained 1,173SF FIRST floor, corner (end) unit 2 bedroom, 2 full bathroom one level condominium, conveniently located in heart of Orleans Town Center area and yes, in close proximity to Skaket Beach, Rock Harbor and the Cape Cod National Seashore Beaches. First floor patio slider walkout location allows for additional privacy and convenience to the association pool, abutting Cape Cod Bike Trail (directly behind the unit) and to the deeded 1 car parking spot and/or guest parking. The floor plan is attached and shows a very squared off 2 bedroom floor plan, with an open concept dining room/ living room/ kitchen area, a main bedroom with a private bath and a 2nd bedroom adjacent to a common bathroom. Pets are allowed, although restrictions apply. PLEASE TAKE NOTE: Condo Special Assessment balance left for a structural project and exterior renovations has a balance of approximately $26,000.00 which is paid in monthly installments of ($159.00); the current condo fee is also paid in monthly installments of ($425.00); the total monthly payment for both can be combined to into a total monthly payment of $644.00).

Last Agent to Sell the Property

Chris Olson

eXp Realty, LLC License #9032966 Listed on: 09/07/2023

eXp Realty, LLC

Last Buyer's Agent

Sherri Simms

Kinlin Grover Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,933

Year Built

  • Built in 1971

Lot Details

  • Near Conservation Area
  • End Unit
  • Landscaped

HOA Fees

  • $644 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,173 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Intercom

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Linen Closet
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Paved Parking
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Property is near a marina
  • Porch

Location

  • Property is near shops

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for association fees, water, sewer, grounds care, snow removal, trash collection
  • Assessor Parcel Number 33H00242001

Community Details

Overview

  • Association fees include reserve funds, professional property management, insurance
  • 143 Units

Recreation

  • Bike Trail
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,933

Year Built

Built in 1971

Lot Details

0

HOA Fees

$644 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Ownership: Condo
  • Directions: Park in front of 42 Old Colony, unit is placement is first floor all the way on left side front corner
  • Building Name: Old Colony
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Flat
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Electric Range, Water Heater, Electric Water Heater
  • Total Bedrooms: 2
  • Interior Amenities: HU Cable TV, Linen Closet
  • Owner Pays: Association Fees, Water, Sewer, Grounds Care, Snow Removal, Trash Collection
  • Full Bathrooms: 2
  • Entry Location: Lower Level
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Main Level Bathrooms: 2
  • Dining Room Features: Dining Room
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Bedroom 2
  • Room Kitchen Features: Kitchen
  • Living Room Features: Living Room
  • Dining Room Dining Room Level: First
  • Master Bathroom Features: Private Full Bath

Exterior Features

  • Lot Features: Bike Path, Shopping, Marina, In Town Location, Conservation Area, Level, East of Route 6, South of 6A, North of Route 28
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: Corner Unit, End Unit
  • Construction Type: Brick, Clapboard
  • Foundation Details: Concrete Perimeter, Slab, Poured
  • Patio And Porch Features: Porch
  • Property Condition: Approximate
  • Roof: Flat

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Assigned, Paved, Guest, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Security: Intercom
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Basic Cable
  • Amenities: Landscaping, Maintenance Structure, Snow Removal, Trash, Pool
  • Association Fee: 644
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Reserve Funds, Professional Property Management, Insurance

Schools

  • Junior High Dist: Nauset

Lot Info

  • Zoning: LB
  • Land Lease: No
  • Parcel #: 33H00242001
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Pets - See Remarks

Building Info

  • Year Built: 1971

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1933
  • Tax Book Number: 2455

Multi Family

  • Number Of Units In Community: 143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Nov 30, 2023
Sold by
Chiacchia Ronald A
Bought by
Spotts Marci and Ellsasser Jay
Seller's Agent
Chris Olson
eXp Realty, LLC
Buyer's Agent
Sherri Simms
Kinlin Grover Real Estate
List Price
$329,900
Sold Price
$321,500
Premium/Discount to List
-$8,400
-2.55%
Views
97
Current Estimated Value
$385,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,471
Avg. Annual Appreciation
10.56%
Original Mortgage
$305,425
Outstanding Balance
$301,024
Interest Rate
7.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$84,947

Purchase Details

Closed on
Jan 14, 1977
Bought by
Chiacchia Julius A and Chiacchia Ronald A
Source: Public Records

Range of Values:

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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
Spotts Marci $321,500 None Available
Chiacchia Julius A $49,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spotts Marci $305,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold $321,500 -2.5% $274 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $329,900 -- $281 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

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
2025 $2,283 $365,900 $0 $365,900
2024 $2,077 $324,000 $0 $324,000
2023 $1,933 $310,300 $0 $310,300
2022 $1,922 $267,000 $0 $267,000
2021 $1,936 $246,900 $0 $246,900
2020 $1,749 $231,400 $0 $231,400
2019 $1,746 $236,000 $0 $236,000
2018 $1,492 $225,000 $0 $225,000
2017 $1,366 $215,800 $0 $215,800
2016 $1,167 $180,700 $0 $180,700
2015 $1,026 $159,800 $0 $159,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22303830

Cape Cod & Islands Association of REALTORS®

APN: ORLE-000033H-000024-020010