NOT LISTED FOR SALE

12 Lobster Ln Wells, ME 04090

Estimated Value: $200,000 - $297,000

0.25 Acre
$994,000 Price per Acre
10,890 Sq Ft Lot

Last Sold August 31, 2017

Last sale price $85,000

Est. 192% increase in value since last sale

Current estimated payment $1,567/month

40 Days on Market

Highlights

  • Public Beach
  • No HOA
  • Level Lot
  • Wells Junior High School Rated A-

About This Lot

As of August 2017

Just what you have been waiting to hit the market! A premier lot on Drakes Island Road abuting the Marsh on one side and only 100 yards from DRAKES ISLAND BEACH! Come build your dream home on this land just waiting for you. Deeded access to the beach across the street. Town Water & Town Sewer hookup available.

Last Agent to Sell the Property

Pamela Maxon

Moody Maxon Real Estate Listed on: 06/20/2017

Last Buyer's Agent

Pamela Maxon

Moody Maxon Real Estate Listed on: 06/20/2017

Property Details

Property Type

  • Land

Lot Details

  • 0.25 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number WLLS-000142-000000-000048

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.25
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: From the Intersection of Route 1 and Drakes Island Road take Drakes Island Road to the End. At Island Beach Road take a LEFT and go almost to the end and Lobster Lane is on the left.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roads:Private: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Roads:GravelDirt: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Electric: No Electric
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: WLLS-000142-000000-000048
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 5242.0
  • Tax Book Number: 16799
  • Tax Lot: 48
  • Tax Map Number: 00142
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2018
Sold by
Hill Kevin J
Bought by
12 Lobster Lane Llc
Current Estimated Value
$248,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$151,980
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$96,520

Purchase Details

Listed on
Jun 20, 2017
Closed on
Sep 1, 2017
Sold by
Mack Mary F Est and Winger
Bought by
Hill Kevin J
Seller's Agent
Pamela Maxon
Moody Maxon Real Estate
Buyer's Agent
Pamela Maxon
Moody Maxon Real Estate
List Price
$369,000
Sold Price
$85,000
Premium/Discount to List
-$284,000
-76.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.16%
Original Mortgage
$75,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

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
12 Lobster Lane Llc -- --
Hill Kevin J -- --
Hill Kevin J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 12 Lobster Lane Llc $175,000
Closed 12 Lobster Lane Llc $175,000
Previous Owner Hill Kevin J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $85,000 -77.0% --
07/31/2017 07/31/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $369,000 -- --
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
2024 $8,853 $1,456,130 $1,232,750 $223,380
2023 $7,347 $1,232,750 $1,232,750 $0
2022 $5,450 $521,050 $521,050 $0
2021 $5,481 $521,050 $521,050 $0
2020 $5,461 $521,050 $521,050 $0
2019 $5,429 $521,050 $521,050 $0
2018 $5,281 $521,050 $521,050 $0
2017 $5,294 $521,050 $521,050 $0
2016 $5,242 $521,050 $521,050 $0
2015 $5,184 $521,050 $521,050 $0
2013 $4,753 $521,210 $521,210 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1313479

Maine Listings

APN: WLLS-000142-000000-000048