Closed

$175,000

16 Smithwheel Road #8, Old Orchard Beach, ME 04064

1beds

735sqft

Condominium

Built in 1987

-- sqft lot

$175,100 Zestimate^®

$238/sqft

$1,863 Estimated rent

Home value

$175,100

$166,000 - $184,000

$1,863/mo

Zestimate^® history

Owner options

List your home for rent

$1,863/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

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$1,863/mo

Rent Zestimate^®

Refinance and save

$1,425/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$1,425/mo

Est. payment

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What's special

Clean and low maintenance

**Investors take notice!** This well-maintained 1-bedroom condo is currently leased at 1,450/month through October, with excellent tenants in place, providing immediate rental income. For future homeowners, the unit has been well cared for and offers a great opportunity for owner occupancy when available. Clean and low maintenance, this condo is a smart choice whether you're investing or planning to move in later. This property will not last long, call to schedule your showing today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Baseboard

Cooling

None

Appliances

Included: Electric Range, Refrigerator

Features

Flooring: Carpet, Laminate
Basement: Interior Entry,Unfinished
Has fireplace: No

Interior area

Total structure area: 735
Total interior livable area: 735 sqft
Finished area above ground: 735
Finished area below ground: 0

Property

Parking

Parking features: Common, 21+ Spaces, On Site

Lot

Size: 0.58 Acres
Features: Near Turnpike/Interstate, Near Town, Open Lot

Details

Parcel number: OOBHM210B2L538
Zoning: R-4

Construction

Type & style

Home type: Condo
Architectural style: High Rise
Property subtype: Condominium
Attached to another structure: Yes

Materials

Wood Frame, Vinyl Siding
Foundation: Poured Concrete
Roof: Shingle

Condition

Year built: 1987

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Old Orchard Beach

HOA & financial

HOA

Has HOA: Yes
HOA fee: $300 monthly

Price history

Date	Event	Price
5/8/2026	Sold	$175,000-2.8%$238/sqft
Source: Maine Listings #1651566 Report a problem
4/15/2026	Pending sale	$179,995$245/sqft
Source: Maine Listings #1651566 Report a problem
2/10/2026	Listed for sale	$179,995$245/sqft
Source: Maine Listings #1651566 Report a problem
11/9/2024	Listing removed	$1,400$2/sqft
Source: Zillow Rentals Report a problem
10/28/2024	Price change	$1,400-12.2%$2/sqft
Source: Zillow Rentals Report a problem
10/8/2024	Listed for rent	$1,595+107.1%$2/sqft
Source: Zillow Rentals Report a problem
1/7/2014	Listing removed	$770$1/sqft
Source: Maine Properties, Inc. Report a problem
12/19/2013	Listed for rent	$770$1/sqft
Source: Maine Properties, Inc. Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,323 +0.5%	$121,600 +5.4%
2023	$1,316 +7.7%	$115,400 +15.6%
2022	$1,222 +14.3%	$99,800 +32.2%
2021	$1,069 -1.2%	$75,500 +7.5%
2020	$1,082 -0.6%	$70,200
2019	$1,088 -0.8%	$70,200 -2.1%
2018	$1,097 -0.5%	$71,700 +2.1%
2017	$1,102 -6.6%	$70,200 -8%
2016	$1,180 +1.9%	$76,300
2015	$1,158 +2%	$76,300
2014	$1,135 +7.8%	$76,300
2013	$1,053 +1.6%	$76,300 -1%
2012	$1,036	$77,100