NOT LISTED FOR SALE

47 Old Salt Rd Unit 2 Old Orchard Beach, ME 04064

Estimated Value: $258,797 - $274,000

2 Beds
1 Bath
832 Sq Ft
$150/mo HOA Fee

Last Sold July 31, 2020

Last sale price $161,000 $194 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,755/month

37 Days on Market

Highlights

  • Public Beach
  • Rowhouse Architecture
  • Patio
  • 0.89 Acre Lot
  • Main Floor Bedroom
  • Tile Flooring

About This Home

As of July 2020

One floor living, beautiful completely updated 2 bedroom, new tile and plank flooring, new stainless appliances, new bathroon fixtures, freshly painted. Ground floor with patio. Two dedicated parking spots. One mile to beaches at Ocean Park,less than two miles to the OOB Pier. Easy access to Interstate 95 and Rt One for commuters. Pet restriction, NO PETS ALLOWED. New roof on Condo 2019.

Last Agent to Sell the Property

Wayne Roma

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 05/18/2020

Last Buyer's Agent

Dylan Labonte

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 1987

Lot Details

  • 0.89

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • 832 Sq Ft Home
  • Rowhouse Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Utilities

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

Additional Features

  • Patio
  • Public Beach

Listing and Financial Details

  • Tax Lot 9-3
  • Assessor Parcel Number OOBH-000211-000001-000009-000002

Community Details

Overview

  • 8 Units
  • FHA/VA Approved Complex
  • The community has rules related to deed restrictions

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,556

Year Built

Built in 1987

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.89
  • MLS Status: Closed
  • Directions: Rt 5 (Saco Ave) to Temple Ave To Right onto Old Salt Rd
  • Above Grade Finished Sq Ft: 832.0
  • Architectural Style: Row-End
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 190.99
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.89
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 832.0
  • Property Information:Garage: No
  • Site:Level: 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:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 150.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Units in Building: 8
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Condominium:Total Units4: 9
  • Restrictions:No Dogs Allowed: Yes
  • Style:Row-End: Yes
  • Restrictions:No Cats Allowed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: One floor living, beautiful completely updated 2 bedroom, new tile and plank flooring, new stainless appliances, new bathroon fixtures, freshly painted. Ground floor with patio. Two dedicated parking spots. One mile to beaches at Ocean Park,less than two miles to the OOB Pier. Easy access to Interstate 95 and Rt One for commuters. Pet restriction, NO PETS ALLOWED. New roof on Condo 2019.
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living

Exterior Features

  • Lot Features: Level, Near Public Beach, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Cats Allowed, No Dogs Allowed, Other Restrictions

Schools

  • Junior High Dist: RSU 23

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 38768.4
  • Parcel #: OOBH-000211-000001-000009-000002
  • Zoning: R-2

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 1556.0
  • Tax Lot: 9-3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 29, 2020
Sold by
Wellborn Theresa M and Wellborn Charles B
Bought by
Waitt Kimberly C and Waitt Albert R
Seller's Agent
Wayne Roma
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Dylan Labonte
Keller Williams Realty
List Price
$160,000
Sold Price
$161,000
Premium/Discount to List
$1,000
0.62%
Current Estimated Value
$265,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,449
Avg. Annual Appreciation
9.78%
Original Mortgage
$120,750
Outstanding Balance
$107,312
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$158,138
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
Waitt Kimberly C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waitt Kimberly C $120,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $161,000 +0.6% $194 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $160,000 -- $192 / 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 $2,560 $235,300 $18,200 $217,100
2023 $2,543 $223,100 $16,300 $206,800
2022 $2,368 $193,500 $12,800 $180,700
2021 $2,281 $161,100 $13,200 $147,900
2020 $1,744 $113,100 $11,200 $101,900
2019 $1,556 $100,400 $11,200 $89,200
2018 $1,559 $101,500 $11,200 $90,300
2017 $1,562 $99,500 $10,100 $89,400
2016 $1,563 $101,100 $9,700 $91,400
2015 $1,535 $101,100 $9,700 $91,400
2014 $1,504 $101,100 $9,700 $91,400
2013 $1,395 $101,100 $9,700 $91,400
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    Wayne Roma

    Better Homes & Gardens Real Estate/The Masiello Group

  • D

    Buyer's Agent in 2020

    Dylan Labonte

    Keller Williams Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1452571

Maine Listings

APN: OOBH-000211-000001-000009-000002

Maine York County Old Orchard Beach 04064

47 Old Salt Rd Unit 2, Old Orchard Beach, ME

Not Listed for Sale

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