2 New Colony Dr
Old Orchard Beach, ME 04064
2 bd 1 ba 885 sqft Built 1992 Lot 219,542 sqft condo
Most recent sale
$241,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $241,000 | Public Record |
| May 4, 2022 | Listed | $235,000 | MaineListings |
| Jan 25, 2022 | Sold | $225,000 | Public Record |
| Dec 10, 2021 | Listed | $225,000 | MaineListings |
| Sep 12, 2016 | Listing removed | $121,900 | MaineListings |
| Sep 9, 2016 | Sold | $107,500 | Public Record |
| Jul 13, 2016 | Listed | $121,900 | MaineListings |
| Dec 12, 2012 | Sold | $78,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $227,100 | $15,400 | $242,500 | $2,638 |
| 2023 | $212,200 | $13,200 | $225,400 | $2,570 |
| 2022 | $178,000 | $13,200 | $191,200 | $2,340 |
| 2021 | $112,100 | $13,200 | $125,300 | $1,774 |
| 2020 | $101,700 | $13,200 | $114,900 | $1,772 |
| 2019 | $99,500 | $13,200 | $112,700 | $1,747 |
| 2018 | $99,500 | $13,200 | $112,700 | $1,724 |
| 2017 | $98,500 | $11,000 | $109,500 | $1,719 |
| 2016 | $99,600 | $11,000 | $110,600 | $1,710 |
| 2015 | $99,600 | $11,000 | $110,600 | $1,679 |
| 2014 | $99,600 | $11,000 | $110,600 | $1,646 |
| 2012 | $103,400 | $14,000 | $117,400 | $1,573 |
| 2009 | $103,400 | $14,000 | $117,400 | $1,519 |
| 2007 | $111,800 | $14,000 | $125,800 | $1,580 |
Property facts
Year built
1992
Property type
condo
Stories
2
Beds
2
Baths
1
Living area
885 sqft
Lot size
219,542 sqft
ZIP code
04064
City
Old Orchard Beach
Street
New Colony Dr
Coordinates
43.53472, -70.38715
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,328
Gross rental yield
6.61%
Implied cap rate
4.30%
Trend-extrapolated value
—
Frequently asked questions
When did 2 New Colony Dr last sell?
2 New Colony Dr most recently sold on May 27, 2022 for $241,000.
What is the current tax assessment for 2 New Colony Dr?
The most recent total assessment for 2 New Colony Dr (year 2024) is $242,500 with $2,638 in property tax.
How does 2 New Colony Dr's assessment compare to its last sale price?
The current assessment is 0.6% above the last sale price of $241,000.
When was 2 New Colony Dr built?
2 New Colony Dr was built in 1992.
How does 2 New Colony Dr compare to others on New Colony Dr?
We track 8 other properties on New Colony Dr. Browse the list under "Other properties on New Colony Dr" to compare beds, baths, and sale history.
What are the property facts for 2 New Colony Dr?
2 New Colony Dr is a 2 bed, 1 bath, 885 sqft, 219,542 sqft lot condo.
Is 2 New Colony Dr a flip candidate?
No — 2 New Colony Dr does not appear in our flips dataset.
Is 2 New Colony Dr a tax-appeal candidate?
No — 2 New Colony Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.8%
Implied 1-yr
-15.0%
2026 Q3
$383.3K
2026 Q4
$364.2K
ZIP 04064 — Median Price History + Forecast
Explore nearby
Geography
Other properties on New Colony Dr