NOT LISTED FOR SALE

70-72 E Grand Ave Unit 108 Old Orchard Beach, ME 04064

Estimated Value: $284,000 - $310,000

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

Last Sold January 14, 2021

Last sale price $180,000 $351 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,999/month

61 Days on Market

Highlights

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

About This Home

As of January 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: 09/08/2020

Last Buyer's Agent

Matthew Chamberlain

Regency Realty Group Listed on: 09/08/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,549

Year Built

  • Built in 1986

Lot Details

  • Public Beach
  • Open Lot

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • 513 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

$2,549

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: 513.0
  • 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: 513.0
  • 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 Book Number: 17882
  • Tax Lot: 2
  • Tax Map Number: 304
  • 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
01/14/2021 01/14/21 Sold $180,000 -5.3% $351 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $190,000 -- $370 / 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 $2,549 $234,300 $37,600 $196,700
2023 $2,540 $222,800 $35,400 $187,400
2022 $2,400 $196,100 $32,100 $164,000
2021 $2,410 $170,200 $28,700 $141,500
2020 $2,791 $181,000 $24,300 $156,700
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
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Map

Source: Maine Listings

MLS Number: 1467991

Maine Listings

APN: 304 6 2-108

Maine York County Old Orchard Beach 04064

70-72 E Grand Ave Unit 108, Old Orchard Beach, ME

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