NOT LISTED FOR SALE

7 Bay Ave Unit 8 Old Orchard Beach, ME 04064

Estimated Value: $216,000 - $262,000

1 Bed
1 Bath
378 Sq Ft
$200/mo HOA Fee

Last Sold December 19, 2023

Last sale price $224,900 $595 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,655/month

30 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Deck
  • Nearby Water Access
  • Country Club
  • Property is near public transit

About This Home

As of December 2023

Seasonal condominium within steps of 7 miles the beautiful Old Orchard Beach as well as a short walk to the famous Pier as well as Ocean Park. This condominium comes fully furnished and equipped as 1 bedroom efficiency and ready for incredible seasonal summer rental income or use as your own private personal retreat. Hear the ocean from the decks and experience beautiful sunrises/sunsets at your front door and experience all Old Orchard Beach has to offer! Season is from April through October. Old Orchard Beach is a short drive to Portland where you can experience countless award winning restaurants. Reserved parking for one car.

Last Agent to Sell the Property

John Hatcher

Keller Williams Realty Listed on: 11/01/2023

Keller Williams Realty

Last Buyer's Agent

Augustine Ofili

ERA Dawson-Bradford Co.

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1950

Lot Details

  • Ocean Front
  • Public Beach
  • Seasonal Access to Property
  • Open Lot

HOA Fees

  • $200 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • 378 Sq Ft Home
  • Multi-Level Property
  • Living Room

Kitchen

  • Cooktop
  • Microwave
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

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 11 / 2
  • Assessor Parcel Number OOBH-000313-000002-000002-000008

Community Details

Overview

  • 14 Units
  • White Cap Condominium Association Subdivision

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,639

Year Built

Built in 1950

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: White Cap Condominium Association
  • Directions: West Grand Ave to Bay Ave to Property on the right
  • Above Grade Finished Sq Ft: 378.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 378.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 14
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Appliances Included:Cooktop: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Heat System:Space Heater: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Cooktop
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Shower
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Space Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: OOBH-000313-000002-000002-000008
  • Zoning: BRD

Multi Family

  • Number Of Units In Community: 14

Tax Info

  • Tax Annual Amount: 2639.1
  • Tax Block: 2
  • Tax Book Number: 18744
  • Tax Lot: 11
  • Tax Map Number: 313
  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $224,900 -4.3% $595 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $235,000 +39.1% $622 / Sq Ft
07/23/2021 07/23/21 Sold $169,000 0.0% $447 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $169,000 -- $447 / 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 $1,933 $177,700 $38,000 $139,700
2023 $1,813 $159,000 $35,400 $123,600
2022 $1,732 $141,500 $31,500 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1576395

Maine Listings

APN: OOBH M:313 B:2 L:2-8