NOT LISTED FOR SALE

7 Old Salt Rd Unit 22 Old Orchard Beach, ME 04064

Estimated Value: $317,000 - $331,000

2 Beds
1.5 Baths
1,059 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $189,900 $179 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,263/month

4 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Deck
  • Nearby Water Access
  • 3.61 Acre Lot
  • Wooded Lot

About This Home

As of May 2020

Own for less than you can rent in this affordable condo nestled in the beautifully landscaped Olde Salt Village Association! Great neighborhood location and convenient access to all amenities, including I95 and only 0.75 miles to the Ocean Park beach! Brand new vinyl siding on these units is an attractive upgrade. This 2 bedroom, 1.5 bathroom home has granite counters, a huge attic for plenty of storage/workshop area, a private deck for relaxation or BBQ's, extra exterior storage space off the front patio, a new hot water heater and more. Well managed/strong association and the majority of the owners move here and stay for many years! Includes 2 reserved parking spots and there's also visitor parking for your guests!

Last Agent to Sell the Property

Julie Radjavitch

Keller Williams Realty Listed on: 04/03/2020

Last Buyer's Agent

Carolyn Willard

RE/MAX Shoreline

RE/MAX Shoreline

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,002

Year Built

  • Built in 1990

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Public Beach
  • Fenced
  • Landscaped
  • Open Lot
  • Wooded Lot

HOA Fees

  • $323 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed

Location

  • Property is near a golf course

Utilities

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

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 16-22 / 1
  • Assessor Parcel Number OOBH-000211-000001-000016-000022

Community Details

Overview

  • 8 Buildings
  • 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

$2,002

Year Built

Built in 1990

Lot Details

0

HOA Fees

$323 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 3.61
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Olde Salt Village
  • Directions: Rte 1/Main St Saco near Hannaford, Ocean Park Rd into OOB. Stay right at 7-Eleven to continue on Temple Avenue. Take right on Spring St. Road will curve to the right in 90 degree angle, and Olde Salt Village is on left. Unit #22 - Last building on right.
  • Above Grade Finished Sq Ft: 1059.0
  • Architectural Style: Other
  • Garage Yn: No
  • Structure Type: Townhouse
  • Year Built: 1990
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 179.32
  • 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
  • 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:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: 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: 323.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 7
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - 2nd Floor: 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
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Condominium:Total Units4: 33
  • Condominium:_pound_ of Buildings: 8
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Advertising Remarks:Advertising Remarks: Own for less than you can rent in this affordable condo nestled in the beautifully landscaped Olde Salt Village Association! Great neighborhood location and convenient access to all amenities, including I95 and only 0.75 miles to the Ocean Park beach! Brand new vinyl siding on these units is an attractive upgrade. This 2 bedroom, 1.5 bathroom home has granite counters, a huge attic for plenty of storage/workshop area, a private deck for relaxation or BBQ's, extra exterior storage space off the front patio, a new hot water heater and more. Well managed/strong association and the majority of the owners move here and stay for many years! Includes 2 reserved parking spots and there's also visitor parking for your guests!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Structure Type:Townhouse: Yes
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 8
  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile, Laminate, Carpet
  • 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: Well Landscaped, Open, Level, Sidewalks, Wooded, Near Golf Course, Near Public Beach, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 323.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets

Schools

  • Junior High Dist: RSU 23

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 157251.6
  • Parcel #: OOBH-000211-000001-000016-000022
  • Zoning: R2

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 2002.0
  • Tax Block: 1
  • Tax Lot: 16-22
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
May 28, 2020
Sold by
Rock Kenneth P
Bought by
Loeffel R S
Seller's Agent
Julie Radjavitch
Keller Williams Realty
Buyer's Agent
Carolyn Willard
RE/MAX Shoreline
List Price
$189,900
Sold Price
$189,900
Current Estimated Value
$322,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,867
Avg. Annual Appreciation
10.12%
Original Mortgage
$151,920
Outstanding Balance
$134,917
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$187,850
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Loeffel R S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loeffel R S $151,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $189,900 0.0% $179 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $189,900 -- $179 / 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 $2,299 $149,100 $9,400 $139,700
2019 $2,311 $149,100 $9,400 $139,700
2018 $1,709 $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 $1,714 $124,200 $7,900 $116,300
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Maine Listings

MLS Number: 1448791

Maine Listings

APN: OOBH-000211-000001-000016-000022