NOT LISTED FOR SALE

Estimated Value: $434,000 - $461,000

1 Bed
1 Bath
608 Sq Ft
$250/mo HOA Fee

Last Sold September 01, 2017

Last sale price $201,250 $331 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,788/month

169 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • In Ground Pool
  • Wells Junior High School Rated A-
  • Country Club
  • 1.24 Acre Lot

About This Home

As of September 2017

This is the year round, condo unit that you have been waiting for! Located in town and a short walk to beach, restaurants and shops. Immaculately maintained, open concept updated kitchen with island and full-sized range, opening to living room with large french doors overlooking grounds and pool. Strong association, pride of ownership, ample parking, sidewalks, perfect for personal usage or investment. Highly desired location and complex for weekly summer rentals. Don't miss your opportunity to own now!

Last Agent to Sell the Property

Carolyn Weller

RE/MAX Realty One Listed on: 01/03/2017

RE/MAX Realty One

Last Buyer's Agent

Kyle Mango

RE/MAX Realty One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,805

Year Built

  • Built in 1987

Lot Details

  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 608 Sq Ft Home
  • Living Room

Kitchen

  • Electric Range
  • Kitchen Island
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • 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
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 116 / 022
  • Assessor Parcel Number OGUN-000008-000022-000116

Community Details

Overview

  • 32 Units
  • Ocean Towers Condominiums Subdivision

Amenities

  • Coin Laundry

Recreation

  • Country Club

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,805

Year Built

Built in 1987

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.24
  • MLS Status: Closed
  • Subdivision Name: Ocean Towers Condominiums
  • Directions: Route One North to Ogunquit, through center of town, Ocean Towers complex on right.
  • Above Grade Finished Sq Ft: 608.0
  • Architectural Style: Other Style
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 331.0
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.24
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 608.0
  • Site:Level: Yes
  • Site:Open: Yes
  • 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: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:Pool-In Ground: Yes
  • Location Information:Association Fee: 250.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 32
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Restrictions:Pet Weight Limit: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Public Transit
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Size Limit

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54014.4
  • Parcel #: OGUN-000008-000022-000116
  • Zoning: GBD2

Multi Family

  • Number Of Units In Community: 32

Tax Info

  • Tax Annual Amount: 1805.0
  • Tax Block: 022
  • Tax Lot: 116
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2017
Closed on
Sep 6, 2017
Sold by
Mansfield Marcia L and Mansfield Marcia
Bought by
Chaves Eric J
Seller's Agent
Carolyn Weller
RE/MAX Realty One
Buyer's Agent
Kyle Mango
RE/MAX Realty One
List Price
$223,000
Sold Price
$201,250
Premium/Discount to List
-$21,750
-9.75%
Current Estimated Value
$450,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,576
Avg. Annual Appreciation
10.24%
Original Mortgage
$100,000
Outstanding Balance
$52,635
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$398,191

Purchase Details

Listed on
Dec 15, 2015
Closed on
Feb 19, 2016
Sold by
Oxton Glenn A
Bought by
Mansfield Marcia L
Seller's Agent
Carolyn Weller
RE/MAX Realty One
Buyer's Agent
Carolyn Weller
RE/MAX Realty One
List Price
$191,000
Sold Price
$187,000
Premium/Discount to List
-$4,000
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$149,600
Interest Rate
4%
Mortgage Type
Unknown
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
Chaves Eric J -- --
Mansfield Marcia L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaves Eric J $100,000
Previous Owner Mansfield Marcia L $149,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2017 09/01/17 Sold $201,250 -9.8% $331 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $223,000 +19.3% $367 / Sq Ft
02/18/2016 02/18/16 Sold $187,000 -2.1% $308 / Sq Ft View Prior Sale
12/17/2015 12/17/15 Pending -- -- --
12/15/2015 12/15/15 For Sale $191,000 -- $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 $2,074 $321,100 $75,000 $246,100
2023 $2,074 $321,100 $75,000 $246,100
2022 $2,029 $321,100 $75,000 $246,100
2021 $1,578 $193,800 $5,300 $188,500
2020 $1,550 $193,800 $5,300 $188,500
2019 $1,550 $193,800 $5,300 $188,500
2018 $1,533 $193,800 $5,300 $188,500
2017 $1,434 $189,200 $5,300 $183,900
2016 $1,810 $223,700 $5,300 $218,400
2015 $1,805 $223,700 $5,300 $218,400
2014 $1,736 $223,700 $5,300 $218,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1291732

Maine Listings

APN: OGUN-000008-000022-000116