K
Seller's Agent in 2022
Kathleen McCallum
Bean Group
47 Old Salt Rd Unit 8 Old Orchard Beach, ME 04064
Estimated Value: $261,000 - $285,000
2
Beds
1
Bath
832
Sq Ft
$150/mo
HOA Fee
Highlights
- Nearby Water Access
- Country Club
- 0.89 Acre Lot
- Public Beach
- View of Trees or Woods
- Deck
About This Home
As of February 2022Happy New Year and a New Listing! Welcoming in 2022 at Colonial Terrace in Old Orchard Beach. This 2nd floor condo overlooks the back yard & has wooded views from the balcony. This sunny home is well cared for with a fresh updated look. Offering 2 bedrooms and 1 bath, all kitchen appliances & so importantly, a washer & dryer. There is a patio area and shared storage shed in the backyard, 2 designated parking spots and an area for guest parking.
Just a 5 minute drive or a quick 1+mile bike ride to the shores of the Atlantic in Ocean Park. Photos include contrasting summer photos of Colonial Terrace and Ocean Park and Old Orchard Beach in warmer days.
Sorry, no pets allowed and a 12 month minimum lease for rentals.
A great place for year round living or a 2nd home to enjoy all that Maine has to offer.
Last Agent to Sell the Property
Kathleen McCallum
Bean Group Listed on: 01/04/2022
Last Buyer's Agent
Cari Turnbull
Keller Williams Realty
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,290
Year Built
- Built in 1987
Lot Details
- Public Beach
- Landscaped
- Open Lot
- Wooded Lot
HOA Fees
- $150 Monthly HOA Fees
Home Design
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Clap Board Siding
- Vinyl Siding
- Clapboard
Interior Spaces
- 832 Sq Ft Home
- 1-Story Property
- Living Room
- Views of Woods
- Home Security System
Kitchen
- Eat-In Kitchen
- Electric Range
- Dishwasher
- Formica Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- Reserved Parking
Outdoor Features
- Nearby Water Access
- Deck
- Shed
Location
- Property is near a golf course
Utilities
- No Cooling
- Zoned Heating
- Baseboard Heating
- Natural Gas Not Available
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 9-8 / 1
- Assessor Parcel Number OOBH-000211-000001-000009-000008
Community Details
Overview
- 2 Buildings
- 8 Units
- Colonial Terrace Subdivision
- The community has rules related to deed restrictions
Amenities
- Community Storage Space
Recreation
- Country Club
Pet Policy
- Pets Allowed
- Pet Restriction
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2022
Closed on
Feb 7, 2022
Sold by
Carpenter Sandra B
Bought by
Draskovic Goran
Seller's Agent
Kathleen McCallum
Bean Group
Buyer's Agent
Cari Turnbull
Keller Williams Realty
List Price
$199,000
Sold Price
$220,000
Premium/Discount to List
$21,000
10.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,667
Avg. Annual Appreciation
5.90%
Original Mortgage
$209,000
Outstanding Balance
$193,836
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$77,831
Purchase Details
Closed on
Sep 2, 2009
Sold by
Distasio Rena M
Bought by
Carpenter Sandra B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,710
Interest Rate
5.21%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Draskovic Goran | $220,000 | None Available | |
| Carpenter Sandra B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Draskovic Goran | $209,000 | |
| Previous Owner | Carpenter Sandra B | $112,710 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/07/2022 02/07/22 | Sold | $220,000 | +10.6% | $264 / Sq Ft |
| 01/06/2022 01/06/22 | Pending | -- | -- | -- |
| 01/04/2022 01/04/22 | For Sale | $199,000 | -- | $239 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $2,570 | $236,200 | $18,200 | $218,000 |
| 2023 | $2,552 | $223,900 | $16,300 | $207,600 |
| 2022 | $2,377 | $194,200 | $12,800 | $181,400 |
| 2021 | $2,290 | $161,700 | $13,200 | $148,500 |
| 2020 | $1,750 | $113,500 | $11,200 | $102,300 |
| 2019 | $1,561 | $100,700 | $11,200 | $89,500 |
| 2018 | $1,564 | $101,900 | $11,200 | $90,700 |
| 2017 | $1,567 | $99,800 | $10,100 | $89,700 |
| 2016 | $1,568 | $101,400 | $9,700 | $91,700 |
| 2015 | $1,539 | $101,400 | $9,700 | $91,700 |
| 2014 | $1,509 | $101,400 | $9,700 | $91,700 |
| 2013 | -- | $101,400 | $9,700 | $91,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2022
Cari Turnbull
Keller Williams Realty
Map
Source: Maine Listings
MLS Number: 1517398
APN: OOBH-000211-000001-000009-000008
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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