NOT LISTED FOR SALE

70-72 E Grand Ave Unit 101 Old Orchard Beach, ME 04064

2 Beds
1 Bath
530 Sq Ft
$240/mo HOA Fee

Last Sold December 18, 2020

Last sale price $175,000 $330 Per Sq Ft

91 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Wood Flooring
  • Public Beach
  • Property is near public transit
  • Main Floor Bedroom

About This Home

As of December 2020

Welcome to Saco Bay Condominums! Prime location, just 400 feet from six miles of beautiful sandy beach and 1/4 mile to the Pier and Palace Playland. Don't miss this investment opportunity! The complex has a total of 15 units ranging from 1 to 3 bedroom units with the majority being two bedroom being offering for sale. This unit is a 2 bed 1 full bath unit with over 500 sf of living space. Covered front entry ways. Sold fully furnished and ready to rent or move in the day you close. Shared space includes a 700 sf recreational room/lounge with air hockey - darts- foosball and more, private gym, on site laundry and private storage area. Enjoy unrestricted rental ability to maximize your investment The condo rules allow for short term rentals making this unit perfect for Airbnb / HomeAway type of rental. Low monthly HOA fees keep more money in your pocket. We have both first floor and second floor units. These are the best investment in OOB this close to the water. We can assist you with connecting with cleaners, maintenance people and teach you how to rent your unit. Make money while being away with out the worry.

Last Agent to Sell the Property

Matthew Chamberlain

Regency Realty Group Listed on: 06/23/2020

Last Buyer's Agent

Charlene Weinstein

Maine Coast Properties, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • Public Beach
  • Open Lot

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • 530 Sq Ft Home
  • Garden Apartment
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Porch

Location

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Legal Lot and Block 2 / 6
  • Assessor Parcel Number 7072EASTGRAND30462

Community Details

Overview

  • 2 Buildings
  • 10 Units
  • Casco Bay Condos Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Recreation

  • Country Club

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Casco Bay Condos
  • Above Grade Finished Sq Ft: 530.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 530.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: 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
  • Heat System:Hot Water: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 240.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 10
  • Style:Garden: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Location:Near Country Club: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Condominium:Total Units4: 15
  • Condominium:_pound_ of Buildings: 2
  • Restrictions:Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage, Primary Bedroom w/Bath

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Subdivided, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site

Utilities

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

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 7072EASTGRAND30462
  • Zoning: DD-2

Multi Family

  • Number Of Units In Community: 10
  • Number Of Units Total: 15

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Block: 6
  • Tax Lot: 2
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $175,000 -2.8% $330 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $180,000 -- $340 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1457463

Maine Listings