NOT LISTED FOR SALE

47 Old Salt Rd Unit 6 Old Orchard Beach, ME 04064

Estimated Value: $262,711 - $291,000

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

Last Sold February 06, 2019

Last sale price $131,000 $157 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,783/month

39 Days on Market

Highlights

  • Public Beach
  • Wood Flooring
  • Eat-In Kitchen
  • Deck
  • Granite Countertops
  • Cooling Available

About This Home

As of February 2019

Experience coastal Maine year-round living or vacationing in this impressive, updated, second floor, open-concept Condo all on one level featuring hardwood floors throughout and a tiled bathroom. The kitchen is well-equipped with stainless steel appliances, granite countertops, tiled backsplash, and a pantry. Brilliant glass sliding doors in the living room lead out to the private deck, an extension of living space for enjoying the magnificent, fresh, salty air. Easy lifestyle with an in-unit stackable washer and dryer, public water and sewer, shed for storage, low condo fee, and two dedicated parking spots. Close to beaches and I-95.

Last Agent to Sell the Property

Amy Tarbox

Bean Group Listed on: 11/09/2018

Last Buyer's Agent

Amy Tarbox

RE/MAX By The Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,561

Year Built

  • Built in 1987

Lot Details

  • 0.89

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 832 Sq Ft Home
  • Multi-Level Property
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • Cooling Available
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Public Beach
  • Property is near a golf course

Listing and Financial Details

  • Legal Lot and Block 9-6 / 1
  • Assessor Parcel Number 47OldSaltRoadUnit6OldOrchardBeach04064

Community Details

Overview

  • 8 Units
  • Colonial Terrace Condo Ass. Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,561

Year Built

Built in 1987

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Colonial Terrace Condo Ass.
  • Directions: From I-95 heading South take exit 36 which becomes Ocean Park Road, take right onto Old Salt Road, Colonial Terrace Condominiums are on the right.
  • Above Grade Finished Sq Ft: 832.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 165.87
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 832.0
  • Property Information:Garage: No
  • Site:Level: 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:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 150.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 8
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Gas:No Gas: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Property Information:Deed Restrictions: Yes
  • Condominium:Total Units4: 9
  • Condominium:VA Certification: No
  • Restrictions:No Dogs Allowed: Yes
  • Restrictions:No Cats Allowed: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: OPEN HOUSE 12/9 - 1:30p-2:30p! Experience Coastal Maine year-round living or vacationing in this impressive, updated, second floor, open-concept condo all on one level featuring hardwood floors throughout & tiled bath. The kitchen is well-equipped with stainless steel appliances, granite countertops, tiled backsplash & pantry. Brilliant glass sliding doors in living room lead out to the private deck; an extension of living space for enjoying the magnificent, fresh, salty air. Easy lifestyle w/ stackable washer & dryer in unit, public water & sewer, shed for storage, low condo fees & 2 dedicated parking spots. Close to beaches and I-95.
  • Special Features: VirtualTour

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: One-Floor Living, Storage
  • 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, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common

Utilities

  • Laundry Features: Upper Level
  • Cooling: Other
  • Cooling Y N: Yes
  • 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

Lot Info

  • Land Lease: No
  • Parcel #: 47OldSaltRoadUnit6OldOrchardBeach04064
  • Zoning: R2

Multi Family

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

Tax Info

  • Tax Annual Amount: 1561.0
  • Tax Block: 1
  • Tax Lot: 9-6
  • Tax Year: 2108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Feb 6, 2019
Sold by
Hodgson Matthew A
Bought by
Shaffer Matthew C
Seller's Agent
Amy Tarbox
Bean Group
Buyer's Agent
Amy Tarbox
RE/MAX By The Bay
List Price
$138,000
Sold Price
$131,000
Premium/Discount to List
-$7,000
-5.07%
Current Estimated Value
$270,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,678
Avg. Annual Appreciation
11.19%
Original Mortgage
$132,323
Outstanding Balance
$116,336
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$154,342

Purchase Details

Closed on
Aug 3, 2009
Sold by
Kozlowski Vivian B
Bought by
Hodgson Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
5.43%
Mortgage Type
Unknown
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
Shaffer Matthew C -- --
Hodgson Matthew A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaffer Matthew C $132,323
Previous Owner Hodgson Matthew A $111,000
Previous Owner Hodgson Matthew A $25,000
Previous Owner Hodgson Matthew A $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2019 02/06/19 Sold $131,000 -5.1% $157 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $138,000 -- $166 / 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 $1,326 $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 -- $101,100 $9,700 $91,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Amy Tarbox

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1376514

Maine Listings

APN: OOBH-000211-000001-000009-000006

Maine York County Old Orchard Beach 04064

47 Old Salt Rd Unit 6, Old Orchard Beach, ME

Not Listed for Sale

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