$320,000
SOLD JAN 23, 2025

9 Washington Ave Unit 1 Old Orchard Beach, ME 04064

3 Beds
1 Bath
710 Sq Ft
$301/mo HOA Fee

Recently Sold

$451 Per Sq Ft

3% Below List Price

11 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • Wood Flooring
  • Public Beach
  • Property is near public transit
  • Butcher Block Countertops

About This Home

As of January 2025

BEST MAINE BEACH a short distance from this building with great rental history now being sold as individual condos. This 3BD property has been specially created as a short term rental in the summer and as a midterm rental property off-season to maximize return on investment. MONEY MAKER! Close enough to the beach to smell the salty air, yet set in a neighborhood with easy on-site parking and a great yard for enjoying the outdoors. Unit 1 enjoys single floor living. In 2024 the actual revenue booking achieved were $53,231. Condo fees include heat, washer/dryer in basement.

Last Agent to Sell the Property

Nancy Moreshead

The Real Estate Store Brokerage Phone: 207-329-3545 Listed on: 12/23/2024

Co-Listed By

John Murphy

The Real Estate Store Brokerage Phone: 207-329-3545

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store Brokerage Phone: 207-329-3545 Listed on: 12/23/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,450

Year Built

  • Built in 1919

HOA Fees

  • $301 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 710 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Butcher Block Countertops
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Reserved Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Nearby Water Access
  • Public Beach
  • Property is near public transit

Community Details

  • 3 Units
  • 9 Washington Ave Condominium Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Legal Lot and Block 6 / 2
  • Assessor Parcel Number OOBH-000309-000002-000006

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,450

Year Built

Built in 1919

Lot Details

0

HOA Fees

$301 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: 1393
  • Co List Office Phone: 207-883-4327
  • MLS Status: Closed
  • Subdivision Name: 9 Washington Ave Condominium
  • Directions: Saco Ave. to Washington Avenue. #9 on the left.
  • Above Grade Finished Sq Ft: 710.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1919
  • Attribution Contact: 207-329-3545
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 710.0
  • 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
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 300.89
  • 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: 3
  • Driveway:Common2: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Condominium:Total Units4: 3
  • Condominium:Rental Terms: short term allowed
  • Condominium:_pound_ of Buildings: 1
  • Kitchen Countertop:Butcher Block: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Near Public Beach, Near Shopping, Near Town, Neighborhood, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Brick/Mortar
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.89
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: OOBH-000309-000002-000006
  • Zoning: R-2

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5450.0
  • Tax Block: 2
  • Tax Book Number: 19202
  • Tax Lot: 6
  • Tax Map Number: 309
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2024
Closed on
Jan 21, 2025
Sold by
8Washington Llc
Bought by
Sjp Llc
Seller's Agent
Nancy Moreshead
The Real Estate Store
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$330,000
Sold Price
$320,000
Premium/Discount to List
-$10,000
-3.03%
Views
25
Current Estimated Value
$722,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,202
Avg. Annual Appreciation
269.51%

Purchase Details

Closed on
Mar 1, 2023
Sold by
Paulsen Pamela J
Bought by
8Washington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2016
Sold by
Golarz Jeffrey C
Bought by
Golarz Pamela J

Purchase Details

Closed on
Aug 28, 2006
Sold by
Sherman Rita E and Shermann Charles E
Bought by
Dyer Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.83%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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 $890,000 None Available
Warranty Deed $890,000 None Available
Warranty Deed $625,000 None Available
Warranty Deed $625,000 None Available
Warranty Deed $625,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,000 Commercial
Previous Owner $300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $468,750 Purchase Money Mortgage
Previous Owner $120,075 New Conventional
Previous Owner $204,000 Unknown
Previous Owner $26,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $320,000 -3.0% $451 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
12/23/2024 12/23/24 For Sale $330,000 -- $465 / 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 $6,029 $554,100 $128,500 $425,600
2023 $5,450 $478,100 $108,600 $369,500
2022 $4,941 $403,700 $85,100 $318,600
2021 $4,455 $314,600 $74,900 $239,700
2020 $4,586 $297,400 $65,000 $232,400
2019 $4,610 $297,400 $65,000 $232,400
2018 $3,999 $287,600 $65,000 $222,600
2017 $4,018 $255,900 $54,700 $201,200
2016 $3,979 $257,400 $56,200 $201,200
2015 $3,907 $257,400 $56,200 $201,200
2014 $3,830 $257,400 $56,200 $201,200
2013 $2,081 $150,800 $56,200 $94,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1611516

Maine Listings

APN: OOBH-000309-000002-000006