NOT LISTED FOR SALE

7 Ocean Way Camden, ME 04843

Estimated Value: $1,271,000 - $1,928,000

3 Beds
3.5 Baths
3,956 Sq Ft
$2,119/mo HOA Fee

Last Sold May 07, 2021

Last sale price $1,100,000 $278 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $11,991/month

223 Days on Market

Highlights

  • 449 Feet of Waterfront
  • Docks
  • Fireplace in Primary Bedroom
  • Camden-Rockport Elementary School Rated A-
  • Nearby Water Access
  • Deck

About This Home

As of May 2021

Panoramic water views over Camden Harbor, Curtis Island, and beyond to Penobscot Bay from the largest townhouse at Ocean Way! 3BR/3.5B with an elevator and a rare 2 car attached garage. An expansive wall of windows and sliding doors to a deck flood the large formal living room and dining room with sunlight and mesmerizing views of the ever-changing parade of boats coming and going out of Camden Harbor. A floor to ceiling, two-sided granite woodburning fireplace provides a dramatic centerpiece and divider between the living room and dining room. A built-in, mirrored bar makes this the perfect space for entertaining. Large eat-in kitchen with a center island and laundry enjoys views of Mt. Battie. A large guest suite with full bath plus a powder room complete the main level. Upstairs there is a water view master bedroom suite with a very large bathroom that includes two showers -- one is an accessible roll-in shower. There is also a large den with a vaulted ceiling, another floor to ceiling, granite, woodburning fireplace, sliders to an upper water view deck and a wall of bookshelves. A third bedroom suite with full bath and views of Mt. Battie completes the upper level. Ground level mudroom entry with a two car garage and an elevator that serves all three levels. Steps to a public boat launch, the Lyman Morse boatyard, the Rhumbline restaurant and a scenic 5-10 minute walk into town past the famous Camden Library, amphitheater and harbor park.

Last Listed By

Leslie Tranchell

Legacy Properties Sotheby's International Realty Listed on: 07/28/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,033

Year Built

  • Built in 1982

Lot Details

  • 449 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Landscaped

HOA Fees

  • $2,119 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • Reserved Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,956 Sq Ft Home
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Mud Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Shower Only
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Roll-in Shower
  • Level Entry For Accessibility

Outdoor Features

  • Nearby Water Access
  • Mooring
  • Docks
  • Deck

Location

  • City Lot

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 013-007
  • Assessor Parcel Number CAMD-000124-000013-000007

Community Details

Overview

  • 3 Buildings
  • 14 Units
  • FHA/VA Approved Complex
  • The community has rules related to deed restrictions

Additional Features

  • Community Storage Space
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,033

Year Built

Built in 1982

Lot Details

0

HOA Fees

$2,119 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.38
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • Water Body Name: Penobscot Bay
  • Co List Office Mls Id: 2499
  • Co List Office Phone: 207-230-1003
  • MLS Status: Closed
  • Directions: Sea Street to Wayfarer Drive to Ocean Way.
  • Above Grade Finished Sq Ft: 3956.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Double Pane Windows
  • 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: 3956.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 25429.57
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: PUD
  • Condominium:FHA Certification2: Yes
  • Condominium:Units in Building: 14
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Gas:No Gas: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 449.0
  • Water Info:Water Frontage Shared -: 449.0
  • Property Information:Deed Restrictions: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Amenities:Furniture Included: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Dining Room Amenities:Wood Burning Fireplace8: Yes
  • Room Features:Built-Ins30: Yes
  • Accessibilitiy Amenities:ElevatorChair Lift: Yes
  • Den:Den: Yes
  • Recreational Water:Dock: Yes
  • Site:Cul-De-Sac: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Condominium:_pound_ of Buildings: 3
  • Recreational Water:Boat Mooring: Yes
  • Primary Bedroom Amenities:Vaulted Ceiling15: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Primary Bedroom Amenities:Built-Ins15: Yes
  • Dining Room Amenities:Formal: Yes
  • Bedroom Amenities 2:Suite2: Yes
  • Living Room Amenities:Formal2: Yes
  • Den Amenities:Built-Ins7: Yes
  • Den Amenities:Wood Burning Fireplace7: Yes
  • Accessibilitiy Amenities:Roll-in Shower: Yes
  • Primary Bedroom Amenities:Wood Burning Fireplace15: Yes
  • Bedroom 1 Amenities:Suite: Yes
  • Bedroom 1 Amenities:Built-Ins5: Yes
  • Den Amenities:Vaulted Ceiling7: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 3
  • Parking Reserved Parking: Yes
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 3
  • Appliances: Washer, Wall Oven, Refrigerator, Dryer, Disposal, Dishwasher, Cooktop
  • Accessibility Features: Elevator/Chair Lift, Level Entry, Roll-in Shower
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Furniture Included, 1st Floor Bedroom, Bathtub, Shower, Storage, Primary Bedroom w/Bath
  • Bedroom 2 Level: Third
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: Third

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Landscaped, Intown
  • View: Scenic
  • Waterfront Features: Harbor
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 25429.57
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60112.8
  • Parcel #: CAMD-000124-000013-000007
  • Zoning: BH

Multi Family

  • Number Of Units In Community: 14

Tax Info

  • Tax Annual Amount: 11033.0
  • Tax Book Number: 5316
  • Tax Lot: 013-007
  • Tax Map Number: 124
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
May 7, 2021
Sold by
James G Ray Jr Ret
Bought by
Rowe Kimberly S and Brock Hugh O
Seller's Agent
Leslie Tranchell
Legacy Properties Sotheby's International Realty
Buyer's Agent
Carleton Johnson
Rubenstein Real Estate Co., Inc.
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Total Days on Market
223
Current Estimated Value
$1,522,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,492
Avg. Annual Appreciation
8.51%
Original Mortgage
$880,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 21, 2018
Closed on
Jul 20, 2018
Sold by
Parnell Co Ltd
Bought by
James G Ray Jr Ret
Seller's Agent
Jamie Weymouth
Megunticook Real Estate
Buyer's Agent
Leslie Tranchell
Legacy Properties Sotheby's International Realty
List Price
$890,000
Sold Price
$890,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Range of Values:

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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
Rowe Kimberly S -- None Available
James G Ray Jr Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brock Hugh O $784,000
Closed Brock Hugh O $338,448
Closed Rowe Kimberly S $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $1,100,000 -12.0% $278 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
07/28/2020 07/28/20 For Sale $1,250,000 +40.4% $316 / Sq Ft
07/19/2018 07/19/18 Sold $890,000 0.0% $225 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $890,000 -- $225 / 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
2023 $16,680 $1,208,700 $500,000 $708,700
2022 $15,955 $1,208,700 $500,000 $708,700
2021 $11,359 $740,000 $350,000 $390,000
2020 $11,122 $740,000 $350,000 $390,000
2019 $11,033 $740,000 $350,000 $390,000
2018 $10,441 $701,700 $350,000 $351,700
2017 $10,090 $701,700 $350,000 $351,700
2016 $10,660 $683,800 $351,400 $332,400
2015 $10,346 $683,800 $351,400 $332,400
2014 $9,814 $680,100 $351,400 $328,700
2013 $9,549 $680,100 $351,400 $328,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1462200

Maine Listings

APN: CAMD-000124-000013-000007