$99,900
SOLD APR 4, 2018

57 Old Salt Rd Unit 5 Old Orchard Beach, ME 04064

2 Beds
1 Bath
735 Sq Ft
$125/mo HOA Fee

Recently Sold

$136 Per Sq Ft

135 Days on Market

Highlights

  • Public Beach
  • 0.49 Acre Lot
  • Baseboard Heating
  • Country Club
  • Landscaped
  • Property is near a golf course

About This Home

As of May 2019

Great owner unit or investment opportunity. Just minutes away from beautiful Old Orchard Beach. Bright and open townhouse style condo. This would make an ideal summer home or investment with great rental potential. Perfect location just off I95. 1.3 miles to the beach 20 minutes to Downtown Portland, 40 minutes to Portsmouth and 90 minutes to Boston. Currently leased at $997/month, tenant pays all utilities. The numbers work! Low HOA fee's.

Last Agent to Sell the Property

Matt Boulerice

New England Realty Group LLC Listed on: 10/09/2017

Last Buyer's Agent

Owen Barter

Red Post Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,623

Year Built

  • Built in 1986

Lot Details

  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • 735 Sq Ft Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 14-5 / 1
  • Assessor Parcel Number OOBH-000211-000001-000014-000005

Community Details

Overview

  • 6 Units
  • Ocean Brook Subdivision

Recreation

  • Country Club

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,623

Year Built

Built in 1986

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Ocean Brook
  • Directions: From I95 continue on Saco Ave. Veer right at 7-11 onto Old Salt Rd. Ocean Brook is the first complex on the right.
  • Above Grade Finished Sq Ft: 735.0
  • Architectural Style: Townhouse
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.49
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 735.0
  • 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
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 125.0
  • 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: 6
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Floors:Laminate: Yes
  • Location:Near Public Beach: Yes
  • Basement:Slab2: Yes
  • Location:Near Country Club: Yes
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21344.4
  • Parcel #: OOBH-000211-000001-000014-000005
  • Zoning: R-2

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1623.0
  • Tax Block: 1
  • Tax Book Number: 14800
  • Tax Lot: 14-5
  • Tax Map Number: 211
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2019
Closed on
May 22, 2019
Sold by
Murphy Tyler
Bought by
Woodbury Eric J
Seller's Agent
Kris Lippi
Get Listed Realty LLC
Buyer's Agent
Ryan Deveaux
Barouch & Co.
List Price
$129,900
Sold Price
$126,000
Premium/Discount to List
-$3,900
-3%
Current Estimated Value
$258,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,264
Avg. Annual Appreciation
12.33%
Original Mortgage
$100,800
Outstanding Balance
$89,359
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$168,582

Purchase Details

Listed on
Oct 9, 2017
Closed on
Apr 5, 2018
Sold by
Guerino Robert J
Bought by
Murphy Tyler
Seller's Agent
Matt Boulerice
New England Realty Group LLC
Buyer's Agent
Owen Barter
Red Post Realty, LLC
List Price
$99,900
Sold Price
$99,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.36%
Original Mortgage
$100,909
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2006
Sold by
Ocean Brook Realty Llc
Bought by
Guerino Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2005
Sold by
Lake Woods Llc
Bought by
Ocean Brook Realty Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,800 New Conventional
Previous Owner $100,909 Unknown
Previous Owner $71,291 Unknown
Previous Owner $25,000 Unknown
Previous Owner $25,000 Unknown
Previous Owner $77,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $126,000 -3.0% $171 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $129,900 +30.0% $177 / Sq Ft
04/04/2018 04/04/18 Sold $99,900 0.0% $136 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
10/09/2017 10/09/17 For Sale $99,900 -- $136 / 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 $2,456 $225,700 $25,300 $200,400
2023 $2,432 $213,300 $22,400 $190,900
2022 $2,263 $184,900 $17,900 $167,000
2021 $2,121 $149,800 $17,300 $132,500
2020 $1,457 $94,500 $14,900 $79,600
2019 $1,465 $94,500 $14,900 $79,600
2018 $1,619 $105,800 $14,900 $90,900
2017 $1,652 $105,200 $13,200 $92,000
2016 $1,623 $105,000 $13,000 $92,000
2015 $1,594 $105,000 $13,000 $92,000
2014 $1,562 $105,000 $13,000 $92,000
2013 -- $107,000 $13,000 $94,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1326886

Maine Listings

APN: OOBH-000211-000001-000014-000005