NOT LISTED FOR SALE

7 Old Salt Rd Unit 1 Old Orchard Beach, ME 04064

Estimated Value: $340,000 - $372,000

2 Beds
1.5 Baths
1,200 Sq Ft
$294/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $356,000 $297 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,542/month

4 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • 3.61 Acre Lot
  • Nearby Water Access
  • View of Trees or Woods
  • Walk-In Closet

About This Home

As of June 2024

Nestled in tastefully landscaped Olde Salt Village one mile from the historical Village of Ocean Park and beach. This outstanding 2 Bedroom (with skylights), 1.5 bath Townhouse style Condo with walk-in storage and laundry on second floor, attached garden shed and private patio includes 2 reserved parking spots plus visitors parking. Pet friendly and near most amenities. Desirable end unit with heat pump, new windows and new shingles on the roof. Open house Saturday May 11th from 12:00 to 2:00 P.M.

Last Agent to Sell the Property

Richie Garrett

RE/MAX Shoreline Listed on: 05/08/2024

RE/MAX Shoreline

Last Buyer's Agent

Dawn Marston

RE/MAX Shoreline

RE/MAX Shoreline

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,177

Year Built

  • Built in 1986

Lot Details

  • Ocean Front
  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $415 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room
  • Dining Room
  • Views of Woods

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access
  • Patio
  • Shed

Location

  • Property is near a golf course

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 16-1 / 1
  • Assessor Parcel Number OOBH-000211-000001-000016-000001

Community Details

Overview

  • 9 Buildings
  • 4 Units
  • Olde Salt Village Condo Assoc. Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,177

Year Built

Built in 1986

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 3.61
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Olde Salt Village Condo Assoc.
  • Directions: Ocean Park Road into OOB - at Roundabout take a right onto Temple Avenue to right onto Old Salt Road.
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 270.83
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.61
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1200.0
  • 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:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 415.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 4
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • View:TreesWoods: Yes
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Condominium:Total Units4: 33
  • Condominium:_pound_ of Buildings: 9
  • Style:Townhouse: Yes
  • Restrictions:_three_ Pets: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 2
  • Advertising Remarks:Advertising Remarks: Nestled in tastefully landscaped Olde Salt Village one mile from the historical Village of Ocean Park and beach. This outstanding 2 Bedroom (with skylights), 1.5 bath Townhouse style Condo with walk-in storage and laundry on second floor, attached garden shed and private patio includes 2 reserved parking spots plus visitors parking. Pet friendly and near most amenities. Desirable end unit with heat pump, new windows and new shingles on the roof. Open house Saturday May 11th from 12:00 to 2:00 P.M.
  • Special Features: None

Interior Features

  • Number Of Buildings: 9
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Storage
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Upper Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 415.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 3+ Pets, Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 157251.6
  • Parcel #: OOBH-000211-000001-000016-000001
  • Zoning: R-2

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 33

Tax Info

  • Tax Annual Amount: 3177.0
  • Tax Block: 1
  • Tax Lot: 16-1
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jun 14, 2024
Sold by
Kane Marilyn L
Bought by
Hoyt Frederick and Hoyt Patricia
Seller's Agent
Richie Garrett
RE/MAX Shoreline
Buyer's Agent
Dawn Marston
RE/MAX Shoreline
List Price
$325,000
Sold Price
$356,000
Premium/Discount to List
$31,000
9.54%
Views
29
Current Estimated Value
$353,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,681
Avg. Annual Appreciation
-0.53%
Original Mortgage
$206,000
Outstanding Balance
$203,115
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$150,204

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jun 21, 2019
Sold by
Appleby Claire M
Bought by
Kane Marilyn L
Seller's Agent
Dany Bailey
Coldwell Banker Realty
Buyer's Agent
Steven Drew
Bean Group
List Price
$170,000
Sold Price
$180,000
Premium/Discount to List
$10,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hoyt Frederick $356,000 None Available
Hoyt Frederick $356,000 None Available
Kane Marilyn L -- --
Kane Marilyn L -- --
Kane Marilyn L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoyt Frederick $206,000
Closed Hoyt Frederick $206,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $356,000 +9.5% $297 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $325,000 +80.6% $271 / Sq Ft
06/21/2019 06/21/19 Sold $180,000 +5.9% $150 / Sq Ft View Prior Sale
06/06/2019 06/06/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $170,000 -- $142 / 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 $3,195 $293,700 $11,000 $282,700
2023 $3,177 $278,700 $9,400 $269,300
2022 $2,995 $244,700 $9,400 $235,300
2021 $2,778 $196,200 $9,400 $186,800
2020 $2,011 $155,400 $9,400 $146,000
2019 $2,409 $155,400 $9,400 $146,000
2018 $1,710 $147,300 $9,400 $137,900
2017 $2,109 $134,300 $7,900 $126,400
2016 $2,024 $130,900 $7,900 $123,000
2015 $1,987 $130,900 $7,900 $123,000
2014 $1,948 $130,900 $7,900 $123,000
2013 -- $133,700 $7,900 $125,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Richie Garrett

    RE/MAX

    (207) 781-4264

    1 in this area

    26 Total Sales

    Richie Garrett
    Section Image
  • Dawn Marston

    Buyer's Agent in 2024

    Dawn Marston

    RE/MAX

    (207) 939-2827

    4 in this area

    94 Total Sales

    Dawn Marston
    Section Image

  • D

    Seller's Agent in 2019

    Dany Bailey

    Coldwell Banker Realty

    (207) 773-1990

    21 Total Sales

    Dany Bailey
    Section Image

  • S

    Buyer's Agent in 2019

    Steven Drew

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1588859

Maine Listings

APN: OOBH-000211-000001-000016-000001

Maine York County Old Orchard Beach 04064

7 Old Salt Rd Unit 1, Old Orchard Beach, ME

Not Listed for Sale

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