NOT LISTED FOR SALE

127 Ocean Ave Wells, ME 04090

Estimated Value: $1,793,000 - $3,452,000

3 Beds
2.5 Baths
1,792 Sq Ft
$1,495/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $1,600,000 $893 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $15,590/month

Highlights

  • Deeded Waterfront Access Rights
  • 50 Feet of Waterfront
  • Contemporary Architecture
  • Wells Junior High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2018

Priced to Sell Beautiful 3 Bedroom 2 & 1/2 Bath Post & Beam Beach House On The Southern End of Private Sandy Moody (Ogunquit) Beach. All About Location. Wonderful Oversized Lot Located On the Middle of the Southern Section of the Beach Near the Ogunquit Line. You Own the Beach to the Low Water Mark to Use As Your Own/ This Yr Round Home Features Multi Level Decks With Panoramic Beach & Ocean Views, Full Walk Out Basement, 2 Car Garage, Lots of Room For the Toys You Need To Enjoy The Beach.

Last Agent to Sell the Property

Steve Weigel

Y-Gull & Associates Listed on: 08/14/2018

Y-Gull & Associates

Last Buyer's Agent

Steve Weigel

Y-Gull & Associates Listed on: 08/14/2018

Y-Gull & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,695

Year Built

  • Built in 1993

Lot Details

  • 7,841 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned RB

Parking

  • 2 Car Direct Access Garage
  • Heated Garage
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Post and Beam
  • Concrete Foundation
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,792 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Deck

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 14 A
  • Assessor Parcel Number 127Ocean AvenueWells10314 A

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,695

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Directions: Rt 1 to Bourne Ave/ At the end of Bourne Ave turn right/ 127 Ocean is on the left/ Beach Front
  • Above Grade Finished Sq Ft: 1792.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1993
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 892.86
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1792.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Basement:Daylight: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Kitchen Countertop:Granite: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Recreational Water:Deeded: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Construction:Post Beam: Yes
  • Dining Room Amenities:Wood Burning Fireplace8: Yes
  • Location:Abuts Conservation: Yes
  • Vehicle Storage:Heated: Yes
  • Driveway:Concrete3: Yes
  • Primary Bedroom Amenities:Gas Fireplace4: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Daylight, Full, Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Other, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Abuts Conservation, Near Golf Course
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Post & Beam
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Inside Entrance, Heated Garage

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, 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: 7840.8
  • Parcel #: 127Ocean AvenueWells10314 A
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 16695.0
  • Tax Lot: 14 A
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2019
Sold by
Cilley David and Clements-Cilley Patricia
Bought by
Brita Llc
Current Estimated Value
$2,679,808

Purchase Details

Listed on
Aug 14, 2018
Closed on
Oct 2, 2018
Sold by
Arpino Pasquale and Perlow Marjorie
Bought by
Cilley David and Cilley Patricia A
Seller's Agent
Steve Weigel
Y-Gull & Associates
Buyer's Agent
Steve Weigel
Y-Gull & Associates
List Price
$1,700,000
Sold Price
$1,600,000
Premium/Discount to List
-$100,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$800,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brita Llc -- None Available
Brita Llc -- None Available
Brita Llc -- None Available
Cilley David -- --
Cilley David -- --
Cilley David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cilley David $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2018 10/01/18 Sold $1,600,000 -5.9% $893 / Sq Ft
08/14/2018 08/14/18 For Sale $1,700,000 -- $949 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
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 $18,431 $3,031,350 $2,610,340 $421,010
2023 $18,067 $3,031,350 $2,610,340 $421,010
2022 $16,859 $1,611,750 $1,413,980 $197,770
2021 $16,956 $1,611,750 $1,413,980 $197,770
2020 $16,891 $1,611,750 $1,413,980 $197,770
2019 $16,794 $1,611,750 $1,413,980 $197,770
2018 $8,317 $1,611,750 $1,413,980 $197,770
2017 $16,375 $1,611,750 $1,413,980 $197,770
2016 $16,214 $1,611,750 $1,413,980 $197,770
2015 $16,037 $1,611,750 $1,413,980 $197,770
2013 $14,699 $1,611,750 $1,413,980 $197,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1366094

Maine Listings

APN: WLLS-000103-000014-000000-A000000