$515,000
SOLD SEP 18, 2024

101 Ocean Ave Unit 1 Wells, ME 04090

2 Beds
1 Bath
360 Sq Ft
$174/mo HOA Fee

Recently Sold

$1,431 Per Sq Ft

6% Below List Price

2 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Public Beach
  • Furnished
  • Wells Junior High School Rated A-
  • Wood Flooring
  • Cottage

About This Home

As of September 2024

Experience the magic of coastal living with this rare, quintessential Maine cottage! With Moody Beach out your front door and the Atlantic Ocean within reach, this charming retreat offers deeded beach access for your enjoyment! Let the sights and sounds of the ocean be your daily backdrop in this serene 3-season escape.

This Maine cottage features 2 bedrooms with a shared bathroom, a convenient eat-in kitchen with breathtaking ocean views, and everything you need for unforgettable seaside living. Savor your meals overlooking the water, unwind in Adirondack chairs, and enjoy the convenience of outdoor showers to keep the sand at bay.

Perfect as a personal getaway or a proven rental investment, this cottage comes fully furnished with everything you need to begin enjoying today! With two reserved parking spaces, an exceptional amenity, this opportunity is too good to pass up! Embrace the coastal lifestyle today!

Property to convey furnished with exception of a few wall hangings and personal pictures.

Units made into condos in 1983, building much older than 1983. Town card reports signs of asbestos in outer walls.

Can only be shown on Saturdays.

Rented for the summer and 5 weeks in the summer of 2025.

Last Agent to Sell the Property

Cathleen Manchester

Keller Williams Realty Listed on: 07/25/2024

Keller Williams Realty

Co-Listed By

Ruth Summers

Keller Williams Realty

Keller Williams Realty

Last Buyer's Agent

Ruth Summers

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,334

Year Built

  • Built in 1983

Lot Details

  • 50 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Seasonal Access to Property

HOA Fees

  • $174 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 360 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Reserved Parking

Location

  • City Lot

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 18
  • Assessor Parcel Number WLLS-000103-000018-000000-000001

Community Details

Overview

  • Moody Sands Villas Subdivision

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,334

Year Built

Built in 1983

Lot Details

0

HOA Fees

$174 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Subdivision Name: Moody Sands Villas
  • Above Grade Finished Sq Ft: 360.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1983
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.04
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 360.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 2084.0
  • Location Information:Fee Frequency Paid: Annually
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 1
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Water Info:Water Frontage Shared -: 50.0
  • Style:Cottage: Yes
  • Appliances Included:Gas Range: Yes
  • View:Scenic: Yes
  • Amenities:Furniture Included: Yes
  • Cooling:AC Units: Yes
  • Condominium:Total Units4: 7
  • Restrictions:Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 2
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, One-Floor Living, Shower
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First

Exterior Features

  • Lot Features: Level, Intown, Near Public Beach, Near Shopping, Near Town
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Other, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2084.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.4
  • Parcel #: WLLS-000103-000018-000000-000001
  • Zoning: RB

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 2333.94
  • Tax Block: 18
  • Tax Book Number: 18318
  • Tax Lot: 1
  • Tax Map Number: 0103
  • Tax Year: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Sep 18, 2024
Sold by
Bader Richard J
Bought by
Bowler Jennifer and Williamson Lisa
Seller's Agent
Cathleen Manchester
Keller Williams Realty
Buyer's Agent
Ruth Summers
Keller Williams Realty
List Price
$550,000
Sold Price
$515,000
Premium/Discount to List
-$35,000
-6.36%
Total Days on Market
2
Views
55
Current Estimated Value
$518,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,569
Avg. Annual Appreciation
0.94%

Purchase Details

Closed on
Jul 27, 2020
Sold by
Pope Richard M
Bought by
Bader Richard J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $515,000 None Available
Warranty Deed $515,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2024 09/18/24 Sold $515,000 -6.4% $1,431 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $550,000 -- $1,528 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,334 $391,600 $323,010 $68,590
2022 $2,661 $254,370 $224,630 $29,740
2021 $2,676 $254,370 $224,630 $29,740
2020 $2,588 $246,970 $224,630 $22,340
2019 $2,573 $246,970 $224,630 $22,340
2018 $2,549 $246,970 $224,630 $22,340
2017 $2,509 $246,970 $224,630 $22,340
2016 $2,485 $246,970 $224,630 $22,340
2015 $2,457 $246,970 $224,630 $22,340
2013 $2,252 $246,970 $224,630 $22,340
Source: Public Records

Agents Affiliated with this Home

  • Cathleen Manchester

    Seller's Agent in 2024

    Cathleen Manchester

    Keller Williams Realty

    (207) 653-7653

    1 in this area

    175 Total Sales

    Cathleen Manchester
    Section Image
  • Ruth Summers

    Seller Co-Listing Agent in 2024

    Ruth Summers

    Keller Williams Realty

    (207) 332-0111

    1 in this area

    100 Total Sales

    Ruth Summers
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1598109

Maine Listings

APN: WLLS-000103-000018-000000-000001

Maine York County Wells 04090

101 Ocean Ave Unit 1, Wells, ME

This home is located at 101 Ocean Ave Unit 1, Wells, ME 04090 and is currently priced at $515,000, approximately $1,430 per square foot. This property was built in 1983. 101 Ocean Ave Unit 1 is a home located in York County with nearby schools including Wells Junior High School, Wells Elementary School, and Wells High School.

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