NOT LISTED FOR SALE

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

Estimated Value: $257,000 - $268,000

2 Beds
1 Bath
735 Sq Ft
$355/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $195,000 $265 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,788/month

23 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Property is near public transit
  • Public Beach
  • 0.48 Acre Lot
  • Solid Surface Countertops

About This Home

As of March 2022

Are you looking for a Condo in OOB at a great price? This 2 bedroom 1 bathroom townhouse style condo is located close to all amenities and only a short drive to the beach, with quick access to the Maine Turnpike. This condo has been updated throughout the years and well maintained. This is a corner unit and the back yard has a patio area which offers privacy to enjoy the outdoors as well. The mortgage on this property would be less than the market rents in the area. Very low condo fees as well that take care of all your exterior maintenance and lawncare. Don't pass up this opportunity before its too late!

Last Agent to Sell the Property

Michael Thomas

Keller Williams Realty Listed on: 01/15/2022

Keller Williams Realty

Last Buyer's Agent

Adam Parent

Keller Williams Realty

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,457

Year Built

  • Built in 1986

Lot Details

  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 735 Sq Ft Home
  • Living Room
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Patio

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 14-6 / 1
  • Assessor Parcel Number OOBH-000211-000001-000014-000006

Community Details

Overview

  • 6 Units

Recreation

  • Country Club

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,457

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: 0.48
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 735.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.48
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 735.0
  • Property Information:Garage: No
  • 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
  • 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
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bathtub
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20908.8
  • Parcel #: OOBH-000211-000001-000014-000006
  • Zoning: R-2

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1457.0
  • Tax Block: 1
  • Tax Book Number: 18681
  • Tax Lot: 14-6
  • Tax Map Number: 211
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2022
Closed on
Mar 11, 2022
Sold by
Shaikh Muhammed and Shaikh Famida
Bought by
Antonis Sarah
Seller's Agent
Michael Thomas
Keller Williams Realty
Buyer's Agent
Adam Parent
Keller Williams Realty
List Price
$205,000
Sold Price
$195,000
Premium/Discount to List
-$10,000
-4.88%
Current Estimated Value
$260,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,616
Avg. Annual Appreciation
10.71%
Original Mortgage
$100,001
Outstanding Balance
$94,198
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$177,748

Purchase Details

Closed on
May 27, 2021
Sold by
Shaikh Famida and Chand Irfan
Bought by
Shaikh Muhammad and Shaikh Famida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2007
Sold by
Ocean Brook Realty Llc
Bought by
Shaikh Famida and Chand Ifran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 5, 2007
Sold by
Ocean Brook Realty Llc
Bought by
Shaikh Famida and Chand Ifran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.16%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Antonis Sarah -- None Available
Shaikh Muhammad -- None Available
Shaikh Famida -- --
Shaikh Famida -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Antonis Sarah $100,001
Previous Owner Shaikh Muhammad $80,000
Previous Owner Shaikh Famida $89,600
Previous Owner Shaikh Famida $92,000
Previous Owner Shaikh Famida $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $195,000 -4.9% $265 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $205,000 -- $279 / 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 $2,526 $232,200 $25,300 $206,900
2023 $2,502 $219,500 $22,400 $197,100
2022 $2,329 $190,300 $17,900 $172,400
2021 $2,182 $154,100 $17,300 $136,800
2020 $1,457 $94,500 $14,900 $79,600
2019 $1,465 $94,500 $14,900 $79,600
2018 $1,624 $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 $1,477 $107,000 $13,000 $94,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Thomas

    Seller's Agent in 2022

    Michael Thomas

    Keller Williams Realty

    (207) 710-8290

    3 in this area

    135 Total Sales

    Michael Thomas
    Section Image
  • Adam Parent

    Buyer's Agent in 2022

    Adam Parent

    Keller Williams Realty

    (207) 604-4624

    17 in this area

    201 Total Sales

    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1518063

Maine Listings

APN: OOBH-000211-000001-000014-000006

Maine York County Old Orchard Beach 04064

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

This home is located at 57 Old Salt Rd Unit 6, Old Orchard Beach, ME 04064 since 15 January 2022 and is currently estimated at $260,616, approximately $354 per square foot. This property was built in 1986. 57 Old Salt Rd Unit 6 is a home located in York County with nearby schools including Jameson Elementary School, Loranger Memorial School, and Old Orchard Beach High School.

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