$318,000
SOLD JUN 11, 2025

7 Old Salt Rd Unit 23 Old Orchard Beach, ME 04064

2 Beds
1.5 Baths
1,059 Sq Ft
$445/mo HOA Fee

Recently Sold

$300 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • 3.61 Acre Lot
  • Nearby Water Access
  • Country Club
  • Property is near public transit

About This Home

As of June 2025

Fantastic opportunity to own a property that is just a short walk to the sandy beaches of Ocean Park. This condo is a 2 bedroom, 1 -1/2 bath townhouse in a quiet, pet-friendly Old Salt Village Condo Association. This townhouse features a private backyard to grill out or sit and relax with a beverage. It is heated with an efficient propane fireplace, and plenty of storage with attached shed and attic. Conveniently located close to the turnpike, shopping, restaurants, and the beach. OPEN HOUSE Saturday from 12:00 - 2:00

Last Agent to Sell the Property

Steve & Jennifer Erickson

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 05/09/2025

Coldwell Banker Realty

Last Buyer's Agent

Eric Meadows Margaret {Maggie} Ellis

Portside Real Estate Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 1990

Lot Details

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

HOA Fees

  • $445 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,059 Sq Ft Home
  • Double Pane Windows
  • Living Room
  • Laundry on upper level

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub

Home Security

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Gas
  • 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 16-23 / 1
  • Assessor Parcel Number 7oldsaltroadunit23oldorchardbeachme04064

Community Details

Overview

  • 7 Units
  • Olde Salt Village Subdivision

Recreation

  • Country Club

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,964

Year Built

Built in 1990

Lot Details

0

HOA Fees

$445 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: From Temple turn on Old Salt Road and follow to the end. Old Salt Village Condo complex is on the Right. #23 is in the back building on the right.
  • Above Grade Finished Sq Ft: 1059.0
  • Architectural Style: Other
  • Garage Yn: No
  • Structure Type: Townhouse
  • Year Built: 1990
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: Yes
  • Location Information:HERS Certified: Unknown
  • 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:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 445.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 7
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Location:Near Railroad: Yes
  • Restrictions:Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 2
  • Structure Type:Townhouse: Yes
  • Door Features Storm Doors: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Tile, Laminate
  • Interior Amenities: Bathtub
  • Window Features: Double Pane Windows
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Well Landscaped, Open, Level, Sidewalks, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Reserved Parking, 1 - 4 Spaces, Paved, Common, 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
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 445.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions, Yes

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 157251.6
  • Parcel #: 7oldsaltroadunit23oldorchardbeachme04064
  • Zoning: R-2

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 2964.0
  • Tax Block: 1
  • Tax Book Number: 17089
  • Tax Lot: 16-23
  • Tax Map Number: 211
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2025
Closed on
Jun 11, 2025
Sold by
Skeen Catherine E
Bought by
Barker Joan
Seller's Agent
Steve & Jennifer Erickson
Coldwell Banker Realty
Buyer's Agent
Eric Meadows Margaret {Maggie} Ellis
Portside Real Estate Group
List Price
$315,000
Sold Price
$318,000
Premium/Discount to List
$3,000
0.95%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.28%
Original Mortgage
$254,400
Outstanding Balance
$254,400
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$61,802

Purchase Details

Listed on
Jul 27, 2015
Closed on
Sep 2, 2015
Sold by
Androkitis John C and Androkitis Teresa R
Bought by
Skeen Catherine E
Seller's Agent
Stephen Erickson
Bean Group
Buyer's Agent
Marjorie Rogers
Bean Group
List Price
$137,500
Sold Price
$128,000
Premium/Discount to List
-$9,500
-6.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$102,400
Interest Rate
4.07%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $318,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $254,400 Purchase Money Mortgage
Previous Owner $102,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Sold $318,000 +1.0% $300 / Sq Ft
05/09/2025 05/09/25 For Sale $315,000 +146.1% $297 / Sq Ft
08/31/2015 08/31/15 Sold $128,000 -6.9% $121 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $137,500 -- $130 / 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 $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 -- $124,200 $7,900 $116,300
2013 $1,714 $124,200 $7,900 $116,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1621973

Maine Listings

APN: OOBH-000211-000001-000016-000023