NOT LISTED FOR SALE

117 Black Bear Way Wells, ME 04090

Wells Neighborhood

Estimated Value: $111,000 - $113,000

4.94 Acres
$22,672 Price per Acre
215,186 Sq Ft Lot

Last Sold October 30, 2024

Last sale price $110,000

Est. 2% increase in value since last sale

Current estimated payment $695/month

46 Days on Market

Highlights

  • 4.94 Acre Lot
  • Wooded Lot
  • No HOA
  • Wells Elementary School Rated A-

About This Lot

As of October 2024

You know the saying, there is no new land being made. Here is a large, buildable lot located in desirable Wells Maine. Set down a nice private road you'll have almost 5 acres of land to make your dreams of building a home come true. Just 15 minutes to the beautiful beaches of Wells. Great for commuting since you would be less than 10 minutes from I95. Just a short drive to many local amenities like restaurants, shopping, trails, and more. Only 40 minutes to Portland ME and 30 minutes to Portsmouth NH.

Last Listed By

John White

Duston Leddy Real Estate Listed on: 09/13/2024

Duston Leddy Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $892

Lot Details

  • 4.94 Acre Lot
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Wooded Lot

Parking

  • No Driveway

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number WLLS-000054-000000-000013

Property Details

Property Type

Land

Est. Annual Taxes

$892

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4.94
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Google maps GPS is accurate. Turn off Bragdon Rd onto Black Bear way and it's the first lot on the right after the power lines.
  • Property Information:Lot Size Acres -: 4.94
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Site:Wooded: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Mobile Homes Allowed: Unknown
  • Parking:No Parking: Yes
  • Electric:No Electric: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Wooded, Rural
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway, None

Utilities

  • Electric: No Electric
  • Sewer: Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 215186.4
  • Parcel #: WLLS-000054-000000-000013
  • Zoning: R

Tax Info

  • Tax Annual Amount: 892.0
  • Tax Book Number: 18877
  • Tax Lot: 13
  • Tax Map Number: 54
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Oct 30, 2024
Sold by
Desimone Heath
Bought by
Skeats James
Seller's Agent
John White
Duston Leddy Real Estate
Buyer's Agent
John White
Duston Leddy Real Estate
List Price
$175,000
Sold Price
$110,000
Premium/Discount to List
-$65,000
-37.14%
Total Days on Market
46
Views
23
Current Estimated Value
$112,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,000
Avg. Annual Appreciation
3.60%

Purchase Details

Listed on
Jun 28, 2021
Closed on
Nov 19, 2021
Sold by
Jones Derek and Jones Kelsey
Bought by
Desimone Heath
Seller's Agent
William Kiely
Keller Williams Realty
Buyer's Agent
John White
Red Post Realty, LLC
List Price
$100,000
Sold Price
$75,000
Premium/Discount to List
-$25,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%
Original Mortgage
$56,250
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2020
Sold by
Flannery Frederick M
Bought by
Jones Derek and Jones Kelsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Skeats James $110,000 None Available
Skeats James $110,000 None Available
Desimone Heath -- None Available
Desimone Heath -- None Available
Jones Derek -- None Available
Jones Derek -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desimone Heath $56,250
Previous Owner Jones Derek $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $110,000 -37.1% --
10/04/2024 10/04/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $175,000 0.0% --
09/05/2024 09/05/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $175,000 +133.3% --
11/19/2021 11/19/21 Sold $75,000 -25.0% --
09/09/2021 09/09/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $100,000 -- --
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 $892 $149,710 $149,710 $0
2022 $711 $68,010 $68,010 $0
2021 $715 $68,010 $56,190 $11,820
2020 $713 $68,010 $68,010 $0
2019 $709 $68,010 $68,010 $0
2018 $689 $68,010 $68,010 $0
2017 $691 $68,010 $68,010 $0
2016 $684 $68,010 $68,010 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: Maine Listings

MLS Number: 1600860

Maine Listings

APN: 0054 013