K
Seller's Agent in 2023
Karen Rice
RE/MAX
1072 Post Rd Unit 129 Wells, ME 04090
Wells NeighborhoodEstimated Value: $352,000 - $394,000
2
Beds
1.5
Baths
900
Sq Ft
$409/Sq Ft
Est. Value
Highlights
- Ocean Front
- Nearby Water Access
- In Ground Pool
- Wells Junior High School Rated A-
- Public Beach
- Property is near public transit
About This Home
As of November 2023Welcome to your coastal retreat in the heart of Wells, Maine! Located only one mile to the ocean, this townhouse at the Nautical Mile Resort is being offered for sale for the first time in 35 years! The first floor of Unit 129 features a spacious eat-in kitchen, living room with a slider that opens up to your own private covered porch with ocean views, and a half bath. The second floor has two good-sized bedrooms and a full bathroom, ensuring convenience and functionality. One of the bedroom includes a bonus private porch which also provides ocean views! On the third floor you will find versatility in its use. It can be used as additional sleeping quarters, a second living space, or even an office, allowing for customization based on the buyer's needs. And yes, a private porch with ocean views! One of the standout features of this townhouse is that it is one of only three units here that offers three floors of ocean views, providing a relaxing and scenic environment for owners and their guests! This feature adds significant value and appeal. The Nautical Mile is open year round so you can enjoy all of the beautiful seasons in Maine. Amenities include basketball and tennis courts, shuffleboards, outdoor heated pool, outdoor hot tub, grills and picnic area. Walking distance to several restaurants and centrally located between Kennebunkport and Ogunquit. Short term rentals are allowed and it is pet friendly for owners who do not rent. Wells 28 day rule does apply. Reach out for more details or schedule your showing today. Please note open house has been changed to Sunday 10-12.
Last Listed By
Karen Rice
RE/MAX Realty One Listed on: 09/11/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,526
Year Built
- Built in 1988
Lot Details
- 1,307 Sq Ft Lot
- Ocean Front
- Property fronts a private road
- Public Beach
- Landscaped
HOA Fees
- $527 Monthly HOA Fees
Property Views
- Water
- Scenic Vista
Home Design
- Rowhouse Architecture
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Clapboard
Interior Spaces
- 900 Sq Ft Home
- Furnished
- Living Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Formica Countertops
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub
- Shower Only
Parking
- No Driveway
- On-Site Parking
Outdoor Features
- In Ground Pool
- Nearby Water Access
- Porch
Location
- Property is near public transit
- Property is near a golf course
- City Lot
Utilities
- Air Conditioning
- Multiple cooling system units
- Zoned Heating
- Baseboard Heating
- Natural Gas Not Available
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 129 / 005-00A
- Assessor Parcel Number 1072postrdwells04090
Community Details
Overview
- 4 Buildings
- 12 Units
- Nautical Mile Resort Subdivision
- The community has rules related to deed restrictions
Amenities
- Coin Laundry
- Community Storage Space
Pet Policy
- Pets Allowed
- Pet Restriction
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2023
Closed on
Nov 8, 2023
Sold by
Sargent Wesley D and Sargent Joanne L
Bought by
Cao Leon and Nguyen Mary
Seller's Agent
Karen Rice
RE/MAX Realty One
Buyer's Agent
Karen Rice
RE/MAX Realty One
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Total Days on Market
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,990
Avg. Annual Appreciation
6.51%
Original Mortgage
$268,000
Outstanding Balance
$264,766
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$103,224
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cao Leon | $335,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cao Leon | $268,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2023 11/08/23 | Sold | $335,000 | -4.3% | $372 / Sq Ft |
| 10/04/2023 10/04/23 | Pending | -- | -- | -- |
| 09/11/2023 09/11/23 | For Sale | $350,000 | -- | $389 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $1,726 | $289,630 | $142,380 | $147,250 |
| 2022 | $1,526 | $145,920 | $64,720 | $81,200 |
| 2021 | $1,535 | $145,920 | $64,720 | $81,200 |
| 2020 | $1,529 | $145,920 | $64,720 | $81,200 |
| 2019 | $1,520 | $145,920 | $64,720 | $81,200 |
| 2018 | $1,506 | $145,920 | $64,720 | $81,200 |
| 2017 | $1,483 | $145,920 | $64,720 | $81,200 |
| 2016 | $1,468 | $145,920 | $64,720 | $81,200 |
| 2015 | $1,452 | $145,920 | $64,720 | $81,200 |
| 2013 | $1,331 | $145,920 | $64,720 | $81,200 |
Source: Public Records
Agents Affiliated with this Home
Map
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Source: Maine Listings
MLS Number: 1571646
APN: WLLS-000123-000005-000000-A000000-129
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