NOT LISTED FOR SALE

5 Ocean Way Camden, ME 04843

Estimated Value: $912,000 - $1,578,000

3 Beds
4 Baths
2,644 Sq Ft
$1,094/mo HOA Fee

Last Sold March 26, 2018

Last sale price $710,000 $269 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,868/month

222 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 449 Feet of Waterfront
  • Wood Flooring
  • Camden-Rockport Elementary School Rated A-
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of March 2018

Arguably one of the best Harbor views under a million dollars on the market today, this 3-story end-unit with elevator on Camden Harbor with breathtaking views of the outer harbor and islands. Adjacent to steamship landing boat ramp for easy launching of recreational boats and kayaks. Easy walking distance to town and all that this picturesque town has to offer. Sit back and enjoy the wonderful breeze while watching all the activities just a stone's throw away. Living in Camden doesn't get better than this.

Last Listed By

Jamie Weymouth

Megunticook Real Estate Listed on: 07/01/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,796

Year Built

  • Built in 1982

Lot Details

  • 449 Feet of Waterfront
  • Ocean Front
  • Property fronts a private road

HOA Fees

  • $1,094 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 2,644 Sq Ft Home
  • 1 Fireplace
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Parking

  • Common or Shared Parking
  • Shared Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access

Location

  • City Lot

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 5OceanWAy

Community Details

Overview

  • 4 Units
  • Harbor House Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,796

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,094 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.38
  • Road Frontage Type: Private
  • Water Body Name: Camden Harbor
  • MLS Status: Closed
  • Subdivision Name: Harbor House
  • Directions: Head down Sea St to Ocean Way next to Lyman Morse.
  • Above Grade Finished Sq Ft: 2644.0
  • Architectural Style: Contemporary
  • Year Built: 1982
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.38
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2644.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 1094.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 4
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 449.0
  • Water Info:Water Frontage Owned -: 449.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • View:Scenic: Yes
  • Transportation:Deep Water Access: Yes
  • Cooling:AC Units: Yes
  • Amenities:Elevator Passenger: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Elevator Passenger

Exterior Features

  • Lot Features: Level, Intown, Near Shopping
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame

Garage/Parking

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

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Stove, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1094.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60112.8
  • Parcel #: 5OceanWAy
  • Zoning: BH

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 7796.0
  • Tax Book Number: 4936
  • Tax Lot: 013
  • Tax Map Number: 124
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2017
Closed on
Mar 26, 2018
Sold by
Tanner Sally E and Tanner Linda L
Bought by
Lukacs Laszlo M and Lukacs Patricia A
Seller's Agent
Jamie Weymouth
Megunticook Real Estate
Buyer's Agent
Charles D. J Mary B. Jordan
RE/MAX JARET & COHN
List Price
$750,000
Sold Price
$710,000
Premium/Discount to List
-$40,000
-5.33%
Total Days on Market
222
Current Estimated Value
$1,184,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,639
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
Jul 24, 2015
Sold by
Rader David L and Rader Martha C
Bought by
Tanner Sally E and Tanner Linda L

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
Lukacs Laszlo M -- --
Tanner Sally E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rader David $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2018 03/26/18 Sold $710,000 -5.3% $269 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
06/30/2017 06/30/17 For Sale $750,000 -- $284 / 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 $14,085 $1,341,400 $750,000 $591,400
2023 $12,122 $878,400 $500,000 $378,400
2022 $11,595 $878,400 $500,000 $378,400
2021 $10,257 $668,200 $350,000 $318,200
2020 $10,043 $668,200 $350,000 $318,200
2019 $9,963 $668,200 $350,000 $318,200
2018 $9,310 $625,700 $350,000 $275,700
2017 $8,998 $625,700 $350,000 $275,700
2016 $9,599 $615,700 $340,300 $275,400
2015 $9,316 $615,700 $340,300 $275,400
2014 $8,840 $612,600 $340,300 $272,300
2013 -- $612,600 $340,300 $272,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1315398

Maine Listings

APN: CAMD-000124-000013-000005