Seller's Agent in 2024
Johnna Brown
RE/MAX
(603) 930-9927
5 in this area
99 Total Sales
7 Bay Ave Unit 14 Old Orchard Beach, ME 04064
Estimated Value: $222,000 - $277,000
1
Bed
1
Bath
252
Sq Ft
$200/mo
HOA Fee
Highlights
- Ocean Front
- Public Beach
- Deck
- Nearby Water Access
- Country Club
- Property is near public transit
About This Home
As of February 2024Ocean Views! Just Steps to 7 miles of Beautiful Beach! Fully Renovated and being offered fully furnished. Seasonal 1 Bedroom condo on 2nd floor. Season is April - October. Great views of the ocean from the bedroom and kitchen and even better from the deck! When owners completely renovated in Winter of 2022, they did EVERYTHING! New cabinets, counter tops and appliances. New vinyl and tile Flooring throughout. New Bathroom shower, tile, vanity, toilet. New Electrical, new heat, new AC. New Sheetrock, ceilings and recessed lighting. Owner consistently rented for $275/ night when it wasn't be used by family and friends or enjoyed for themselves. Walk to many great restaurants and shopping that Old Orchard Beach has to offer and short drive to Portland. Condo fee includes heat, hot water, electricity, internet, water, trash, snow removal and maintenance! Pet(s) allowed for owners. Short Term Rentals allowed with no minimum night stay. Great opportunity to own your own slice of heaven! Keep it for yourself and have an affordable vacation getaway or rent it out and have a strong investment property.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,601
Year Built
- Built in 1950
Lot Details
- Ocean Front
- Public Beach
- Seasonal Access to Property
- Sprinkler System
HOA Fees
- $200 Monthly HOA Fees
Property Views
- Water
- Scenic Vista
Home Design
- Rowhouse Architecture
- Garden Apartment
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 252 Sq Ft Home
- Furnished
- Living Room
Kitchen
- Cooktop
- Microwave
- Granite Countertops
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- Main Floor Bedroom
- 1 Full Bathroom
- Shower Only
Home Security
Parking
- Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
- Reserved Parking
Outdoor Features
- Nearby Water Access
- Deck
Location
- Property is near public transit
- Property is near a golf course
- City Lot
Utilities
- Air Conditioning
- Multiple cooling system units
- Space Heater
- Natural Gas Not Available
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 02 / 02
- Assessor Parcel Number OOBH-000313-000002-000002-000014
Community Details
Overview
- 14 Units
Recreation
- Country Club
Pet Policy
- Limit on the number of pets
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 5, 2024
Closed on
Feb 6, 2024
Sold by
Kristin Strout Ft and Strout
Bought by
Miskinis Elizabeth A
Seller's Agent
Johnna Brown
RE/MAX Realty One
Buyer's Agent
Melissa Rioux
EXP Realty
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Total Days on Market
4
Views
6
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
$9,018
Avg. Annual Appreciation
2.88%
Original Mortgage
$197,500
Outstanding Balance
$194,964
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$64,054
Purchase Details
Closed on
Jun 1, 2023
Sold by
Ryan Brendan and Strout Kristin
Bought by
Kristin Strout Ft and Strout
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 |
|---|---|---|---|
| Miskinis Elizabeth A | $250,000 | None Available | |
| Kristin Strout Ft | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miskinis Elizabeth A | $197,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/06/2024 02/06/24 | Sold | $250,000 | -3.8% | $992 / Sq Ft |
| 01/09/2024 01/09/24 | Pending | -- | -- | -- |
| 01/05/2024 01/05/24 | For Sale | $259,900 | +52.9% | $1,031 / Sq Ft |
| 07/09/2021 07/09/21 | Sold | $170,000 | -2.9% | $675 / Sq Ft |
| 07/05/2021 07/05/21 | Pending | -- | -- | -- |
| 06/02/2021 06/02/21 | For Sale | $175,000 | -- | $694 / 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 | $2,678 | $246,100 | $38,000 | $208,100 |
| 2023 | $2,722 | $238,800 | $35,400 | $203,400 |
| 2022 | $2,601 | $212,500 | $31,500 | $181,000 |
Source: Public Records
Agents Affiliated with this Home
-
Johnna Brown
-
Melissa Rioux
Buyer's Agent in 2024
Melissa Rioux
EXP Realty
(207) 286-7321
29 in this area
77 Total Sales
-
Danielle Lape
Seller's Agent in 2021
Danielle Lape
Kre Brokerage Group
(207) 730-2476
44 in this area
133 Total Sales
-
Amanda Owens
A
Seller Co-Listing Agent in 2021
Amanda Owens
Kre Brokerage Group
(207) 939-6026
61 in this area
165 Total Sales
-
Craig Cohen
C
Buyer's Agent in 2021
Craig Cohen
Berkshire Hathaway HomeServices Verani Realty
(888) 723-0306
3 in this area
16 Total Sales
Map
Source: Maine Listings
MLS Number: 1579945
APN: OOBH M:313 B:2 L:2-14
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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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