$153,800
SOLD NOV 21, 2018

7 Old Salt Rd Unit 3 Old Orchard Beach, ME 04064

2 Beds
1.5 Baths
1,059 Sq Ft
$304/mo HOA Fee

Recently Sold

$145 Per Sq Ft

9% Below List Price

103 Days on Market

Highlights

  • Nearby Water Access
  • 3.61 Acre Lot
  • Wood Flooring
  • Public Beach
  • Property is near public transit
  • Air Conditioning

About This Home

As of April 2025

This charming townhouse style condo is located in a quaint complex close to beaches, turnpike and all the area has to offer! Small price tag for convenient year-round living. Lots of updates including gorgeous hardwood floors on 1st level. Small private back yard for gardening or pet. This unit comes with 2 assigned parking spaces as well as visitor parking.

Last Agent to Sell the Property

Doug Lundeen

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 07/07/2018

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Josephine Power

Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1986

Lot Details

  • Property fronts a private road
  • Public Beach

HOA Fees

  • $304 Monthly HOA Fees

Home Design

  • 1,059 Sq Ft Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Nearby Water Access
  • Property is near public transit

Listing and Financial Details

  • No Rentals Allowed
  • Tax Lot 16-3
  • Assessor Parcel Number OOBH-000211-000001-000016-000003

Community Details

Overview

  • 4 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

$1,937

Year Built

Built in 1986

Lot Details

0

HOA Fees

$304 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 3.61
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Olde Salt Village
  • Directions: From turnpike take Saco Ave. to right on Old Salt Road. Old Salt Village on right. Unit in front on right.
  • Above Grade Finished Sq Ft: 1059.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 1986
  • 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
  • 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:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 304.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 4
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Lot Features: Level, Near Public Beach, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 304.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 157251.6
  • Parcel #: OOBH-000211-000001-000016-000003
  • Zoning: R-2

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 1937.0
  • Tax Book Number: 17066
  • Tax Lot: 16-3
  • Tax Map Number: 211
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Apr 17, 2025
Sold by
Higgins Derek A
Bought by
Chin Bill and Li Yan
Seller's Agent
Conner Richardson
Maine Real Estate Co
Buyer's Agent
Lisa Hughes
Coldwell Banker Realty
List Price
$329,000
Sold Price
$339,000
Premium/Discount to List
$10,000
3.04%
Views
15
Current Estimated Value
$334,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,600
Avg. Annual Appreciation
-4.79%
Original Mortgage
$288,150
Outstanding Balance
$287,896
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$46,310

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 28, 2023
Sold by
Kamanzi Nadine
Bought by
Higgins Derek A
Seller's Agent
Christina Young
Keller Williams Realty
Buyer's Agent
Jessica Delisle
Keller Williams Realty
List Price
$303,944
Sold Price
$303,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$288,744
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 7, 2019
Closed on
Apr 15, 2020
Sold by
Valdivieso Victor M
Bought by
Kamanzi Nadine
Seller's Agent
Josephine Power
Coldwell Banker Realty
Buyer's Agent
Daniel Buckley
Keller Williams Realty
List Price
$205,000
Sold Price
$200,400
Premium/Discount to List
-$4,600
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%
Original Mortgage
$182,380
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2018
Closed on
Nov 26, 2018
Sold by
Seaboyer Vivian C Est
Bought by
Valdivieso Victor M
Seller's Agent
Doug Lundeen
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Josephine Power
Coldwell Banker Realty
List Price
$168,500
Sold Price
$153,800
Premium/Discount to List
-$14,700
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.81%
Original Mortgage
$151,014
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 27, 2015
Closed on
Jul 29, 2015
Sold by
Galluzzo Peter J and Galluzzo Krystle T
Bought by
Seaboyer Vivian
Seller's Agent
Jeffrey Chute
Ocean Park Realty
Buyer's Agent
Mark Harold
OceanView Properties
List Price
$147,500
Sold Price
$145,000
Premium/Discount to List
-$2,500
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.79%

Purchase Details

Closed on
Oct 1, 2009
Sold by
Sovetsky Daniel J and Sovetsky Victoria
Bought by
Galluzzo Peter J and Galluzzo Krystle T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $339,000 None Available
Warranty Deed $339,000 None Available
Warranty Deed $303,944 None Available
Warranty Deed $303,944 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Personal Reps Deed -- --
Personal Reps Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,150 Purchase Money Mortgage
Closed $288,150 Purchase Money Mortgage
Previous Owner $288,744 Purchase Money Mortgage
Previous Owner $182,380 New Conventional
Previous Owner $151,014 FHA
Previous Owner $125,000 Unknown
Previous Owner $125,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $339,000 +3.0% $320 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $329,000 +8.2% $311 / Sq Ft
02/28/2023 02/28/23 Sold $303,944 0.0% $287 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
12/09/2022 12/09/22 For Sale $303,944 +51.7% $287 / Sq Ft
04/15/2020 04/15/20 Sold $200,400 -2.2% $189 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
10/07/2019 10/07/19 For Sale $205,000 +33.3% $194 / Sq Ft
11/21/2018 11/21/18 Sold $153,800 -8.7% $145 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
07/07/2018 07/07/18 For Sale $168,500 +16.2% $159 / Sq Ft
07/24/2015 07/24/15 Sold $145,000 -1.7% $137 / Sq Ft
05/24/2015 05/24/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $147,500 -- $139 / 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 $3,031 $278,600 $11,000 $267,600
2023 $3,012 $264,200 $9,400 $254,800
2022 $2,748 $224,500 $9,400 $215,100
2021 $2,552 $180,200 $9,400 $170,800
2020 $2,204 $142,900 $9,400 $133,500
2019 $2,215 $142,900 $9,400 $133,500
2018 $1,872 $135,500 $9,400 $126,100
2017 $1,937 $123,400 $7,900 $115,500
2016 $1,861 $120,400 $7,900 $112,500
2015 $1,828 $120,400 $7,900 $112,500
2014 $1,792 $120,400 $7,900 $112,500
2013 -- $122,900 $7,900 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1358824

Maine Listings

APN: OOBH-000211-000001-000016-000003