Closed

$265,000

198 Saco Avenue #2, Old Orchard Beach, ME 04064

2beds

814sqft

Condominium

Built in 1987

-- sqft lot

$263,100 Zestimate^®

$326/sqft

$2,024 Estimated rent

Home value

$263,100

$237,000 - $292,000

$2,024/mo

Zestimate^® history

Owner options

List your home for rent

$2,024/mo

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$2,024/mo

Rent Zestimate^®

Refinance and save

$1,447/mo

Est. payment

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$1,447/mo

Est. payment

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What's special

Modern kitchenMinutes from the beachBright open-concept layoutFresh flooring

This beautifully updated 2 bedroom, 1 bath condo offers the perfect blend of coastal charm and convenience. Located just minutes from the beach and with easy access to the turnpike, it features a modern kitchen, fresh flooring, and a bright, open-concept layout. Whether you're looking for a year-round home, vacation getaway, or income-producing investment, this low-maintenance unit delivers. With strong rental history and high demand in the area, it's a smart opportunity for investors and lifestyle buyers alike.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: First

Bedroom 2

Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Baseboard, Direct Vent Heater

Cooling

None

Appliances

Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer

Features

Flooring: Tile, Vinyl
Basement: None
Has fireplace: No

Interior area

Total structure area: 814
Total interior livable area: 814 sqft
Finished area above ground: 814
Finished area below ground: 0

Property

Parking

Parking features: Paved, 1 - 4 Spaces, On Site

Features

Has view: Yes
View description: Scenic

Lot

Size: 0.29 Acres
Features: City Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad, Level, Sidewalks

Details

Additional structures: Shed(s)
Parcel number: OOBHM211B11L32
Zoning: gb-1

Construction

Type & style

Home type: Condo
Architectural style: Garden
Property subtype: Condominium

Materials

Wood Frame, Wood Siding
Roof: Shingle

Condition

Year built: 1987

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

HOA

Has HOA: Yes
HOA fee: $135 monthly

Location

Region: Old Orchard Beach

Financial & listing details

Price per square foot: $326/sqft
Tax assessed value: $219,100
Annual tax amount: $2,384
Date on market: 7/18/2025
Road surface type: Paved

Price history

Date	Event	Price
8/20/2025	Sold	$265,000$326/sqft
Source: Maine Listings #1630976 Report a problem
7/23/2025	Pending sale	$265,000$326/sqft
Source: Maine Listings #1630976 Report a problem
7/18/2025	Listed for sale	$265,000$326/sqft
Source: Maine Listings #1630976 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,384 +1.3%	$219,100 +6.2%
2023	$2,353 +7.8%	$206,400 +15.8%
2022	$2,182 +4.3%	$178,300 +20.6%
2021	$2,093 +24.2%	$147,800 +35.2%
2020	$1,685 -0.5%	$109,300
2019	$1,694 -0.7%	$109,300 -2%
2018	$1,706 +0.4%	$111,500 +3%
2017	$1,700 -0.6%	$108,300 -2.2%
2016	$1,711 +1.8%	$110,700
2015	$1,680 +2%	$110,700
2014	$1,647 +7.8%	$110,700
2013	$1,528 +1.7%	$110,700 -1%
2012	$1,503	$111,800