NOT LISTED FOR SALE

11 Clam Ln Wells, ME 04090

Estimated Value: $1,119,272 - $1,494,000

4 Beds
2 Baths
1,352 Sq Ft
$929/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $1,200,000 $888 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,083/month

1 Day on Market

Highlights

  • 50 Feet of Waterfront
  • Access to Tidal Water
  • Deck
  • Wells Junior High School Rated A-
  • Public Beach
  • Ranch Style House

About This Home

As of September 2024

The ultimate Maine vacation home, this waterfront cottage on the marsh of the Webhannet River, is a great investment property - use one side of this duplex for your family and rent the other side or rent them both for a positive cash flow. Located on a quiet, private side street, away from the hustle and bustle, this is a great place to just relax and enjoy the summer. With is scenic river and marsh views from both inside and out, relaxation is guaranteed. Conveniently located, it's an easy walk to the sandy beach from this riverfront home, so why not go for a swim or a walk on the easily accessible sandy beach just across the road from Clam Lane, making it perfect for swimming and leisurely walks along the beach. Each fully furnished side of this multi-family home has 2 bedrooms and 1 bath plus separate outdoor showers and private outdoor spaces. The property next door (312 Atlantic Ave.) is also available for sale.

Last Agent to Sell the Property

Ginny Whitney

Legacy Properties Sotheby's International Realty Listed on: 06/24/2024

Co-Listed By

Jan Kovarik

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Adam Hedio

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,220

Year Built

  • Built in 1952

Lot Details

  • 10,019 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • River Front
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Near Conservation Area
  • Street terminates at a dead end
  • Level Lot
  • Open Lot
  • Property is zoned RB

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,352 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Access to Tidal Water
  • Nearby Water Access
  • River Nearby
  • Deck
  • Patio

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number WLLS-000128-000000-000067

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,220

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Webhannet
  • Co List Office Mls Id: 2358
  • Co List Office Phone: 207-967-0934
  • MLS Status: Closed
  • Directions: From Route 1, take Mile Road almost to the end, then left on Atlantic Ave., then left on Clam Lane to end. Property on right.
  • Above Grade Finished Sq Ft: 1352.0
  • Architectural Style: Duplex, Ranch
  • Garage Yn: No
  • Year Built: 1952
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1352.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Style:Duplex: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Driveway:Gravel: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Amenities:Furniture Included: Yes
  • Location:Abuts Conservation: Yes
  • Basement Entry:Exterior Only: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, One-Floor Living
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Abuts Conservation, Near Public Beach, Near Shopping, Near Town
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: WLLS-000128-000000-000067
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 5220.0
  • Tax Book Number: 16713
  • Tax Lot: 67
  • Tax Map Number: 128
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2025
Sold by
Seal Harbor Llc
Bought by
Gallagher Family Invs Llc
Current Estimated Value
$1,255,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$899,221
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$356,597

Purchase Details

Listed on
Jun 24, 2024
Closed on
Sep 27, 2024
Sold by
Guilio Franceschini Ret and Franceschini
Bought by
Seal Harbor Llc
Seller's Agent
Ginny Whitney
Legacy Properties Sotheby's International Realty
Buyer's Agent
Adam Hedio
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,200,000
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$500,000
Interest Rate
6.49%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gallagher Family Invs Llc -- --
Gallagher Family Invs Llc -- --
Seal Harbor Llc $1,200,000 None Available
Seal Harbor Llc $1,200,000 None Available
Seal Harbor Llc $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Family Invs Llc $900,000
Closed Gallagher Family Invs Llc $900,000
Previous Owner Seal Harbor Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $1,200,000 0.0% $888 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $1,200,000 -- $888 / 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
2024 $5,325 $875,810 $673,600 $202,210
2023 $5,220 $875,810 $673,600 $202,210
2022 $5,716 $546,490 $438,900 $107,590
2021 $5,738 $545,470 $438,900 $106,570
2020 $5,717 $545,470 $438,900 $106,570
2019 $5,684 $545,470 $438,900 $106,570
2018 $2,815 $545,470 $438,900 $106,570
2017 $5,542 $545,470 $438,900 $106,570
2016 $5,487 $545,470 $438,900 $106,570
2015 $5,427 $545,470 $438,900 $106,570
2013 $4,975 $545,470 $438,900 $106,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1594530

Maine Listings

APN: WLLS-000128-000000-000067