NOT LISTED FOR SALE

1277 Post Rd Unit 143 Wells, ME 04090

Wells Area

Estimated Value: $225,000 - $282,923

2 Beds
1 Bath
810 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: September 4, 2020

Last sale price $175,000 $216 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,829 / mo

145 Days on Market

Highlights

  • Property is near a beach
  • Cottage
  • Tile Flooring
  • Wells Junior High School Rated A-
  • Air Conditioning
  • Property is near shops

About This Home

As of September 2020

This cottage has been meticulously maintained and updated! This opportunity to own in the Water Crest association where summer rentals is very popular due to its great location only 2.5 miles to Wells beach! There is onsite rental management and owner keep 100% of the rental income! Don't miss this rare opportunity to own such a well maintained cottage in Wells!!

Last Agent to Sell the Property

Adam Hedio

RE/MAX Realty One Listed on: 02/29/2020

RE/MAX Realty One

Last Buyer's Agent

Adam Hedio

RE/MAX Realty One Listed on: 02/29/2020

RE/MAX Realty One
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,105

Year Built

  • Built in 1940

Lot Details

  • Seasonal Access to Property
  • Open Lot

HOA Fees

  • $319 Monthly HOA Fees

Home Design

  • Cottage
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 810 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Mounted To A Wall or Window
  • Water Heated On Demand

Additional Features

  • Property is near a beach
  • Property is near shops

Community Details

  • Near Conservation Area

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number WLLS-000126-000017-000000-000143

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,105

Year Built

Built in 1940

Lot Details

4,792 Sq Ft Lot

HOA Fees

$319 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 810.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 222.22
  • Property Information:Seasonal: Yes
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 810.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:On Demand: Yes
  • Location Information:Association Fee: 958.43
  • Location Information:Fee Frequency Paid: Quarterly
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 1
  • Foundation Materials:Poured Concrete: Yes
  • Location:Near Public Beach: Yes
  • Basement:Slab2: Yes
  • Style:Cottage: Yes
  • Heat System:Direct Vent Heater: Yes
  • Location:Abuts Conservation: Yes
  • Cooling:AC Units: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No

Exterior Features

  • Lot Features: Level, Open Lot, Abuts Conservation, Near Public Beach, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 958.43
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: WLLS-000126-000017-000000-000143
  • Zoning: GB

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 1105.0
  • Tax Lot: 017
  • Tax Year: 2018

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2020
Closed on
Sep 1, 2020
Sold by
Bought by
Seller's Agent
Adam Hedio
RE/MAX Realty One
Buyer's Agent
Adam Hedio
RE/MAX Realty One
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%
Current Estimated Value
$254,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,481
Avg. Annual Appreciation
6.50%
Original Mortgage
$140,000
Outstanding Balance
$121,647
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$132,834

Purchase Details

Closed on
Jan 16, 2018
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $140,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $175,000 -12.1% $216 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
02/29/2020 02/29/20 For Sale $199,000 -- $246 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,337 $206,950 $111,740 $95,210
2024 $1,258 $206,950 $111,740 $95,210
2023 $1,233 $206,950 $111,740 $95,210
2022 $1,214 $116,050 $50,800 $65,250
2021 $1,221 $116,050 $50,800 $65,250
2020 $1,185 $113,080 $50,800 $62,280
2019 $1,116 $107,110 $50,800 $56,310
2018 $1,086 $107,110 $50,800 $56,310
2017 $1,088 $107,110 $50,800 $56,310
2016 $1,078 $107,110 $50,800 $56,310
2015 $1,066 $107,110 $50,800 $56,310
2013 $977 $107,110 $50,800 $56,310
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1445723

Maine Listings

APN: WLLS-000126-000017-000000-000143

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