NOT LISTED FOR SALE

7 Old Salt Rd Unit 20 Old Orchard Beach, ME 04064

Estimated Value: $314,000 - $339,000

2 Beds
1.5 Baths
1,059 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $220,000 $208 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,332/month

1 Day on Market

Highlights

  • Public Beach
  • Deck
  • Attic
  • 3.61 Acre Lot
  • Wooded Lot
  • Bathtub

About This Home

As of December 2020

Charming townhouse condominium with an excellent location near beautiful beaches, turnpike, restaurants, and shopping. This 2 bedroom, 1.5 bath condo features updated appliances, fresh paint, expansive third floor storage, private back deck, exterior storage off the front patio, new water heater, and generous closet space. Third floor could be converted into livable space. New vinyl siding. Includes 2 reserved parking spots and there is ample visitor parking. Monthly rentals allowed. Pet friendly. This move-in-ready townhouse has a lot to offer at this price!

Last Agent to Sell the Property

Michael Hitz

Maine Home Connection Brokerage Phone: 207.517.3100 Listed on: 12/11/2020

Last Buyer's Agent

Bridgette Vermette

The Maine Real Estate Network

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1990

Lot Details

  • Public Beach
  • Fenced
  • Landscaped
  • Open Lot
  • Wooded Lot

HOA Fees

  • $369 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,059 Sq Ft Home
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Bathtub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 16-20 / 1
  • Assessor Parcel Number OOBH-000211-000001-000016-000020

Community Details

Overview

  • 7 Units
  • Olde Salt Village Subdivision
  • FHA/VA Approved Complex

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,311

Year Built

Built in 1990

Lot Details

0

HOA Fees

$369 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
  • Directions: Unit #20 - Last building on right.
  • Above Grade Finished Sq Ft: 1059.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 1990
  • Attribution Contact: 207.517.3100
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.61
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1059.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: 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
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Fence: Yes
  • Location Information:Association Fee: 369.0
  • 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: Yes
  • Condominium:Units in Building: 7
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Basement:Slab2: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Site:Wooded: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Condominium:Total Units4: 33
  • Restrictions:_two_ Pets: Yes
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: None

Interior Features

  • 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: Attic, Bathtub
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Wooded, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • 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

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 369.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 157251.6
  • Parcel #: OOBH-000211-000001-000016-000020
  • Zoning: R2

Multi Family

  • Number Of Units In Community: 7
  • Number Of Units Total: 33

Tax Info

  • Tax Annual Amount: 2311.0
  • Tax Block: 1
  • Tax Book Number: 18405
  • Tax Lot: 16-20
  • Tax Map Number: 211
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Dec 28, 2020
Sold by
Sawyer Kate
Bought by
Tevanian Robert
Seller's Agent
Michael Hitz
Maine Home Connection
Buyer's Agent
Bridgette Vermette
The Maine Real Estate Network
List Price
$195,000
Sold Price
$220,000
Premium/Discount to List
$25,000
12.82%
Current Estimated Value
$323,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,723
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Oct 6, 2020
Sold by
Sawyer Ian P
Bought by
Sawyer Kate A

Purchase Details

Listed on
Jun 16, 2017
Closed on
Aug 9, 2017
Sold by
Plasse Eric A
Bought by
Earley Kate A and Sawyer Ian P
Seller's Agent
Lisa DiBiase
Landing Real Estate
Buyer's Agent
Michael Hitz
Keller Williams Realty
List Price
$154,900
Sold Price
$159,900
Premium/Discount to List
$5,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$143,910
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2009
Sold by
Smart Deborah J
Bought by
Plasse Erica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,560
Interest Rate
5.02%
Mortgage Type
FHA
Source: Public Records

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
Tevanian Robert -- None Available
Sawyer Kate A -- None Available
Earley Kate A -- --
Plasse Erica A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Earley Kate A $143,910
Previous Owner Plasse Erica A $130,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2020 12/28/20 Sold $220,000 +12.8% $208 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $195,000 +22.0% $184 / Sq Ft
08/07/2017 08/07/17 Sold $159,900 +3.2% $151 / Sq Ft View Prior Sale
06/20/2017 06/20/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $154,900 -- $146 / 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 $2,965 $272,500 $11,000 $261,500
2023 $2,947 $258,500 $9,400 $249,100
2022 $2,778 $227,000 $9,400 $217,600
2021 $2,580 $182,200 $9,400 $172,800
2020 $1,914 $149,100 $9,400 $139,700
2019 $2,311 $149,100 $9,400 $139,700
2018 $2,163 $141,400 $9,400 $132,000
2017 $2,000 $127,400 $7,900 $119,500
2016 $1,920 $124,200 $7,900 $116,300
2015 $1,885 $124,200 $7,900 $116,300
2014 $1,848 $124,200 $7,900 $116,300
2013 -- $124,200 $7,900 $116,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1478022

Maine Listings

APN: OOBH-000211-000001-000016-000020