Closed

$222,500

2 New Colony Drive #16, Old Orchard Beach, ME 04064

2beds

885sqft

Condominium

Built in 1988

-- sqft lot

$276,100 Zestimate^®

$251/sqft

$2,099 Estimated rent

Home value

$276,100

$262,000 - $293,000

$2,099/mo

Zestimate^® history

Owner options

List your home for rent

$2,099/mo

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$2,099/mo

Rent Zestimate^®

Refinance and save

$1,846/mo

Est. payment

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$1,846/mo

Est. payment

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What's special

Ample closet spaceOpen floor planGenerous kitchen cabinets

Enjoy the lifestyle of this low maintenance condominium with open floor plan in quiet location, surrounded by well landscaped grounds and minutes from the beach. Generous kitchen cabinets and counters Stainless appliances, dining area and spacious living room. 2 bedrooms with ample closet space. Newer efficient Rinnai Natural Gas heat. Pilgrim Place is FHA Approved. Photos are from when property was offered for rent. Currently there is a lease in place until June 30 2024. A special assessment begins in January which would require each unit owner to pay $10,000 to perform paving and additional upgrades. Payable in a couple of ways: $2500/year for 4 years | $10,000 up front.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: Second

Bedroom 2

Level: Second

Kitchen

Level: Second

Living room

Level: Second

Heating

Baseboard, Direct Vent Heater

Cooling

None

Appliances

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

Features

Bathtub, One-Floor Living
Flooring: Carpet, Vinyl
Has fireplace: No

Interior area

Total structure area: 885
Total interior livable area: 885 sqft
Finished area above ground: 885
Finished area below ground: 0

Property

Parking

Parking features: Paved, 1 - 4 Spaces

Features

Has view: Yes
View description: Trees/Woods

Lot

Size: 5.03 Acres
Features: Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Level, Open Lot, Sidewalks, Landscaped, Wooded

Details

Parcel number: OOBHM103B1L516
Zoning: RD
Other equipment: Cable, Internet Access Available

Construction

Type & style

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

Materials

Wood Frame, Wood Siding
Foundation: Slab
Roof: Shingle

Condition

Year built: 1988

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Pilgrim Place

HOA

Has HOA: Yes
HOA fee: $393 monthly

Location

Region: Old Orchard Beach

Financial & listing details

Price per square foot: $251/sqft
Tax assessed value: $232,400
Annual tax amount: $2,244
Date on market: 9/28/2023
Road surface type: Paved

Price history

Date	Event	Price
1/12/2024	Sold	$222,500-7.1%$251/sqft
Source: Maine Listings #1573413 Report a problem
1/8/2024	Contingent	$239,500$271/sqft
Source: Maine Listings #1573413 Report a problem
12/27/2023	Listed for sale	$239,500$271/sqft
Source: Maine Listings #1573413 Report a problem
12/27/2023	Contingent	$239,500$271/sqft
Source: Maine Listings #1573413 Report a problem
9/28/2023	Listed for sale	$239,500$271/sqft
Source: Maine Listings #1573413 Report a problem
12/31/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
12/4/2021	Listed for rent	$1,550+10.7%$2/sqft
Source: Zillow Rental Manager Report a problem
2/28/2021	Listing removed	--
Source: Owner Report a problem
11/18/2020	Listed for rent	$1,400$2/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,529 +2.7%	$232,400 +7.6%
2023	$2,462 +9.7%	$216,000 +17.8%
2022	$2,244 +29.2%	$183,300 +49.4%
2021	$1,737 +0.9%	$122,700 +9.9%
2020	$1,721 +1.4%	$111,600 +1.9%
2019	$1,697 +1.3%	$109,500
2018	$1,675 -1.6%	$109,500 +1%
2017	$1,702 +1.6%	$108,400
2016	$1,676 +1.8%	$108,400
2015	$1,646 +2%	$108,400
2014	$1,613 +6.8%	$108,400 -1%
2013	$1,511	$109,500