NOT LISTED FOR SALE

70-72 E Grand Ave Unit 107 Old Orchard Beach, ME 04064

Estimated Value: $286,000 - $307,000

2 Beds
1 Bath
504 Sq Ft
$250/mo HOA Fee

Last Sold March 24, 2021

Last sale price $190,000 $377 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,015/month

168 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Deck
  • Public Beach
  • Clubhouse
  • Property is near public transit

About This Home

As of March 2021

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: 02/23/2021

Last Buyer's Agent

Matthew Chamberlain

Regency Realty Group Listed on: 02/23/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,499

Year Built

  • Built in 1986

Lot Details

  • Public Beach
  • Open Lot

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • 504 Sq Ft Home
  • Rowhouse Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Cooktop
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / 6
  • Assessor Parcel Number 7072eastgrand30462

Community Details

Overview

  • 10 Units
  • Saco Bay Condominium Subdivision

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,499

Year Built

Built in 1986

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Saco Bay Condominium
  • Above Grade Finished Sq Ft: 504.0
  • Architectural Style: Row-Inside
  • 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 -: 0.32
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 504.0
  • 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
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 250.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 10
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Appliances Included:Cooktop: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Location:Near Country Club: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Style:Row-Inside: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Cooktop
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Storage

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13939.2
  • Parcel #: 7072eastgrand30462
  • Zoning: DD-2

Multi Family

  • Number Of Units In Community: 10

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Mar 24, 2021
Sold by
Chamberlain Matthew
Bought by
Correa David and Correa Daniela
Seller's Agent
Matthew Chamberlain
Regency Realty Group
Buyer's Agent
Matthew Chamberlain
Regency Realty Group
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$295,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,928
Avg. Annual Appreciation
10.11%
Original Mortgage
$152,000
Outstanding Balance
$136,326
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$159,602
Source: Public Records

Range of Values:

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
Correa David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa David $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold $190,000 0.0% $377 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
09/08/2020 09/08/20 For Sale $190,000 -- $377 / 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 $2,499 $229,700 $37,600 $192,100
2023 $2,490 $218,400 $35,400 $183,000
2022 $2,354 $192,300 $32,100 $160,200
2021 $2,363 $166,900 $28,700 $138,200
2020 $2,780 $180,300 $24,300 $156,000
Source: Public Records

Agents Affiliated with this Home

  • Matthew Chamberlain

    Seller's Agent in 2021

    Matthew Chamberlain

    Regency Realty Group

    (207) 450-7653

    13 in this area

    80 Total Sales

    Matthew Chamberlain
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1467990

Maine Listings

APN: 304 6 2-107

Maine York County Old Orchard Beach 04064

70-72 E Grand Ave Unit 107, Old Orchard Beach, ME

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes