R
Seller's Agent in 2024
Richie Garrett
RE/MAX
(207) 781-4264
1 in this area
28 Total Sales
7 Old Salt Rd Unit 1 Old Orchard Beach, ME 04064
Estimated Value: $328,000 - $378,000
2
Beds
1.5
Baths
1,200
Sq Ft
$296/Sq Ft
Est. Value
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 2024Nestled 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.
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
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%
Total Days on Market
4
Views
29
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
-$601
Avg. Annual Appreciation
-0.19%
Original Mortgage
$206,000
Outstanding Balance
$204,339
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$151,060
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%
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 |
|---|---|---|---|
| Hoyt Frederick | $356,000 | None Available | |
| Hoyt Frederick | $356,000 | None Available | |
| 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 | |
| Previous Owner | Kane Marilyn L | $150,000 | |
| Previous Owner | Appley Clarie M | $35,000 | |
| Previous Owner | Appleby Claire | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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 | $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
-
Richie Garrett
-
Dawn Marston
Buyer's Agent in 2024
Dawn Marston
RE/MAX
(207) 939-2827
4 in this area
100 Total Sales
-
Dany Bailey
D
Seller's Agent in 2019
Dany Bailey
Coldwell Banker Realty
(207) 773-1990
20 Total Sales
-
S
Buyer's Agent in 2019
Steven Drew
Bean Group
Map
Similar Home in Old Orchard Beach, ME
-
$430,000
- 2 Beds
- 1.5 Baths
- 1,500 Sq Ft
- 7 Heath St
- Unit 21
- Old Orchard Beach, ME
Whether you are looking for a year-round home, a vacation retreat, or an investment property, this charming townhouse-style condominium has it all. It is located in the heart of Old Orchard Beach, just a short stroll away from the seven-mile beach and all the amenities of the downtown area, including upscale restaurants, Palace Playland Amusement Park, and the Pier. This well-maintained unit
Steve & Jennifer Erickson Coldwell Banker Realty
Source: Maine Listings
MLS Number: 1588859
APN: OOBH-000211-000001-000016-000001
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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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