NOT LISTED FOR SALE

7 Old Salt Rd Unit 9 Old Orchard Beach, ME 04064

Estimated Value: $334,000 - $359,000

2 Beds
1.5 Baths
1,200 Sq Ft
$285/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $220,000 $183 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,462/month

3 Days on Market

Highlights

  • 3.61 Acre Lot
  • Property is near public transit
  • Landscaped
  • Deck
  • Wooded Lot
  • Baseboard Heating

About This Home

As of January 2021

Don't miss your chance to own this very well kept condo in Old Orchard near so many amenities like the beach, golf, shopping, water parks, restaurants, etc. Year round living with a vacation feel! This charming townhome offers 2 beds and 1.5 baths with a separate dining area and room for two at the kitchen counter. The spacious family room has plenty of space for family and friends. The private back yard has a patio with room for grilling. Don't wait, this won't last long!

Last Agent to Sell the Property

Matt and Gena Lamontagne

Signature Homes Real Estate Group, LLC Listed on: 12/18/2020

Last Buyer's Agent

Paula Broydrick

Coldwell Banker Residential Brokerage

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,011

Year Built

  • Built in 1986

Lot Details

  • Landscaped
  • Open Lot
  • Wooded Lot

HOA Fees

  • $368 Monthly HOA Fees

Home Design

  • 1,200 Sq Ft Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

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

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Laundry on upper level
  • Deck
  • Property is near public transit

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 16-9 / 1
  • Assessor Parcel Number 7oldsaltroad7oldorchardbeach04064

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,011

Year Built

Built in 1986

Lot Details

0

HOA Fees

$368 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: 95 S to Exit 36 for I-195 which becomes Ocean Park, right onto Old Salt Rd.
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 1986
  • Location Information:Leased Land: No
  • 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: 1200.0
  • 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:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 368.0
  • 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
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Parking:Paved3: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Site:Wooded: Yes
  • Kitchen Countertop:Formica: Yes
  • Heat System:Direct Vent Heater: Yes
  • Location:Near Railroad: Yes
  • Condominium:Total Units4: 33
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Electric Range, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Wooded, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • 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: 368.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 157251.6
  • Parcel #: 7oldsaltroad7oldorchardbeach04064
  • Zoning: R-2

Multi Family

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

Tax Info

  • Tax Annual Amount: 2011.0
  • Tax Block: 1
  • Tax Book Number: 17724
  • Tax Lot: 16-9
  • Tax Map Number: 211
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 19, 2021
Sold by
Dalrymple Ellen
Bought by
Garson Sandy P and Garson David D
Seller's Agent
Matt and Gena Lamontagne
Signature Homes Real Estate Group, LLC
Buyer's Agent
Paula Broydrick
Coldwell Banker Residential Brokerage
List Price
$199,900
Sold Price
$220,000
Premium/Discount to List
$20,100
10.06%
Current Estimated Value
$342,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,546
Avg. Annual Appreciation
9.81%
Original Mortgage
$176,000
Outstanding Balance
$157,081
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,465

Purchase Details

Listed on
Mar 6, 2018
Closed on
Jun 1, 2018
Sold by
Dugan William E and Dugan Donna M
Bought by
Dalrymple Ellen
Seller's Agent
Ridge York
Blue Lobster Real Estate
Buyer's Agent
Matthew Lamontagne Gena Lamontagne
Bean Group
List Price
$168,500
Sold Price
$166,500
Premium/Discount to List
-$2,000
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$165,959
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2005
Sold by
Reinee A Breen Ret and Breen Reinee A
Bought by
Dugan Donna M and Dugan William E

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
5.79%
Mortgage Type
Purchase Money Mortgage
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
Garson Sandy P -- None Available
Dalrymple Ellen -- --
Dugan Donna M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garson Sandy P $176,000
Previous Owner Dalrymple Ellen $165,959
Previous Owner Dugan Donna M $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2021 01/21/21 Sold $220,000 +10.1% $183 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $199,900 +20.1% $167 / Sq Ft
05/30/2018 05/30/18 Sold $166,500 -1.2% $139 / Sq Ft View Prior Sale
04/07/2018 04/07/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $168,500 -- $140 / 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 $3,340 $307,000 $11,000 $296,000
2023 $3,322 $291,400 $9,400 $282,000
2022 $3,131 $255,800 $9,400 $246,400
2021 $2,903 $205,000 $9,400 $195,600
2020 $2,011 $155,400 $9,400 $146,000
2019 $2,409 $155,400 $9,400 $146,000
2018 $2,035 $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 $1,845 $133,700 $7,900 $125,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1478475

Maine Listings

APN: OOBH-000211-000001-000016-000009