Sold
Last Sold Price
2 beds832 sqft$264/sqft
47 Old Salt Rd, Unit 8, Old Orchard Beach, ME 04064
CondoProperty Type
1987Year Built
$264/sq ftPrice per sq ft
$150/moHOA Fees

Description

Happy New Year and a New Listing! Welcoming in 2022 at Colonial Terrace in Old Orchard Beach. This 2nd floor condo overlooks the back yard & has wooded views from the balcony. This sunny home is well cared for with a fresh updated look. Offering 2 bedrooms and 1 bath, all kitchen appliances & so importantly, a washer & dryer. There is a patio area and shared storage shed in the backyard, 2 designated parking spots and an area for guest parking. Just a 5 minute drive or a quick 1+mile bike ride to...Happy New Year and a New Listing! Welcoming in 2022 at Colonial Terrace in Old Orchard Beach. This 2nd floor condo overlooks the back yard & has wooded views from the balcony. This sunny home is well cared for with a fresh updated look. Offering 2 bedrooms and 1 bath, all kitchen appliances & so importantly, a washer & dryer. There is a patio area and shared storage shed in the backyard, 2 designated parking spots and an area for guest parking. Just a 5 minute drive or a quick 1+mile bike ride to the shores of the Atlantic in Ocean Park. Photos include contrasting summer photos of Colonial Terrace and Ocean Park and Old Orchard Beach in warmer days. Sorry, no pets allowed and a 12 month minimum lease for rentals. A great place for year round living or a 2nd home to enjoy all that Maine has to offer.
  • Listed by: Kathleen McCallum 207.774.4224 frontdesk@beangroup.com • Bean Group
Listing closed: 02/07/2022 12:00 AM • Source: Maine Listings, MLS#: 1517398

Recent comparable sales

Median sold price

$240,000

Avg days on market

13

Sale-to-list ratio

98.3%

Old Orchard Beach, ME

9 comparable properties found

$217,000 | 16 Smithwheel Road, Unit 9, Old Orchard Beach, ME 04064
1/26
1

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Sold 06/23/26

2
Bedrooms
910
Square Feet
Unavailable
Acres
$240,000 | 18 Smithwheel Road, Unit 54, Old Orchard Beach, ME 04064
1/19
2

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Sold 10/08/24

2
Bedrooms
790
Square Feet
Unavailable
Acres
$240,000 | 18 Smithwheel Road, Unit 17, Old Orchard Beach, ME 04064
1/7
3

$240,000

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2
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790
Square Feet
Unavailable
Acres
$225,000 | 18 Smithwheel Road, Unit 19, Old Orchard Beach, ME 04064
1/9
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2
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790
Square Feet
Unavailable
Acres
$239,000 | 18 Smithwheel Road, Unit 12, Old Orchard Beach, ME 04064
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2
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790
Square Feet
Unavailable
Acres
$250,000 | 198 Saco Avenue, Unit 1, Old Orchard Beach, ME 04064
1/48
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2
Bedrooms
814
Square Feet
Unavailable
Acres
$239,000 | 39 Smithwheel Road, Unit 52, Old Orchard Beach, ME 04064
1/19
7

$239,000

Sold 11/15/24

2
Bedrooms
875
Square Feet
Unavailable
Acres
$240,000 | 39 Smithwheel Road, Unit 29, Old Orchard Beach, ME 04064
1/22
8

$240,000

Sold 11/21/25

2
Bedrooms
875
Square Feet
Unavailable
Acres
$259,000 | 39 Smithwheel Road, Unit 1, Old Orchard Beach, ME 04064
1/22
9

$259,000

Sold 12/01/25

2
Bedrooms
875
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Bean Group

Sold By Maine Real Estate Experts

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$1,459 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,118

Property Taxes

$191

HOA Dues

$150

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Property Information for 47 Old Salt Road, Unit 8

Property Details
  • Pet Policy: Allowed
  • Taxes: $2,290 / year
  • MLS Type: Residential / Condominium
  • County: York County
  • Architectural Style: Other
  • Style: Other
  • Subdivision Name: Colonial Terrace
  • View: Trees/Woods
  • Has Waterfront: No
  • Zoning: R-2
Building Information
  • Building/Complex: 47 Old Salt Rd
  • Residences: 8
  • Pet Policy: Allowed
  • Pet Policy Details: Yes
  • Year Built: 1987
Summary
Location and General Information
  • Water View: No
  • Location: Near Country Club, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town
  • Page: 0213
  • Zoning Overlay: No
  • Directions: From I-95 take exit 36 continue straight toward Old Orchard Beach to Temple Ave. Turn right on Old Salt Road. (7-11 is a good land mark)to Colonial Terrace #47 on the right. From Ocean Park: Temple Ave take a left on Spring St & right on Old Salt Rd
  • Latitude: 43.506556
  • Longitude: -$70.41
  • Unit Number: 8
  • Transportation: Major Road Access
Taxes and HOA
  • Association Fee: $150.00
  • Association: Yes
  • Parcel Number: OOBH-000211-000001-000009-000008
  • Tax Lot: 9-8
  • Tax Block: 1
  • Tax Book Number: 15716
  • Tax Map Number: 211
  • Association Fee Frequency: Monthly
  • Tax Annual Amount: $2,289.67
Parking
  • Parking Features: Reserved Parking, 1 - 4 Spaces, Paved, Common
  • Parking: 1 - 4 Spaces
  • Reserved Parking: Yes
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Virtual Tour
Property
Lot Information
  • Floor #: 2
  • Lot Features: Well Landscaped, Open, Level, Wooded, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town
  • Lot Size Acres: 0.89
  • Lot Size Area: 0.89
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 38768.4
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Site: Level, Open, Well Landscaped, Wooded
Property and Assessments
  • Above Grade Finished Area: 832.0
  • Building Area Source: Public Records
  • Building Area Total: 832.0
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Deed Restrictions: Yes
  • Surveyed: Yes
  • Restrictions: Pet
  • Construction: Wood Frame
  • Year Built: 1987
Building Features
  • FHA Certification: No
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Slab
  • Foundation Materials: Slab
  • Construction Materials: Wood Siding, Vinyl Siding, Clapboard, Wood Frame
  • Number Of Buildings: 2
  • Other Structures: Shed(s)
  • Color: Blue
Financial Information
  • List Price/SqFt: $239.18
Green Features
  • HERS Certified: No
Utilities
  • Heat Fuel: Electric
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Recreational Water: Nearby, Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Exterior: Clapboard, Vinyl Siding, Wood Siding
  • Roof: Shingle
  • Driveway: Common, Paved
Interior Features
  • Amenities: One-Floor Living, Security System, Storage
  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Bathrooms Full: 1
  • Bathrooms Total Decimal: 1.0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • # Full Baths Level 1: 1
  • Rooms Total: 4
  • Basement: Not Applicable
  • Basement: Slab
  • Basement Entry: Not Applicable
  • Has Fireplace: No
  • Patio And Porch Features: Deck
  • Has Cooling: No
  • Heating: Zoned, Baseboard
  • Has Heating: Yes
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Features: One-Floor Living, Storage
Room Information
Bedroom 1
  • Bedroom 1: Bedroom 1
  • Bedroom 1 Level: Second
Bedroom 2
  • Bedroom 2: Bedroom 2
  • Bedroom 2 Level: Second
Kitchen
  • Kitchen: Kitchen
  • Kitchen Level: Second
  • Kitchen Amenities: Eat-in Kitchen
  • Kitchen Countertop: Formica
Living Room
  • Living Room: Living Room
  • Living Room Level: Second
Multi Family
Multi Family Information
  • Number Of Units In Community: 8
  • Condominium Unit Type: Condo
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: Yes

Property History for 47 Old Salt Road, Unit 8

DateEvent & SourcePriceAppreciation
Feb 7, 2022

Sold (Public Record)

Public Record #1483152393

$220,000
Feb 7, 2022

Sold

Maine Listings #1517398

$220,000
Jan 7, 2022

Pending

Maine Listings #1517398

DateEvent & SourcePrice
02/07/2022

Sold (Public Record)

Public Record #1483152393

$220,000
02/07/2022

Sold

Maine Listings #1517398

$220,000
01/07/2022

Pending

Maine Listings #1517398

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 47 Old Salt Road, Unit 8

Taxable ValueLand$18,200Additions$218,000Total$236,200
Tax Record2025$2,740 ($228 / month)
Home Facts
Beds2Baths1Total Finished SqFt832 SqFtAbove Grade Finished SqFt832 SqFtStories1Lot Size38,780 SqFtStyleCondominiumYear Built1987Year Renovated2006ZoningR-2CountyYORKAPNOOBH M:211 B:1 L:9-8

Schools near 47 Old Salt Road, Unit 8

This home is within Regional School Unit 23.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 8
Public - 9 to 12
Rating
School
Distance
Jameson Elementary School
PublicPK to 2

Loranger Middle School
Public3 to 8

Old Orchard Beach High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bean Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.