NOT LISTED FOR SALE

1277 Post Rd Unit 160 Wells, ME 04090

Estimated Value: $174,000 - $213,000

1 Bed
1 Bath
396 Sq Ft
$215/mo HOA Fee

Last Sold February 15, 2022

Last sale price $153,000 $386 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,328/month

Highlights

  • Public Beach
  • Main Floor Bedroom
  • Den
  • Wells Junior High School Rated A-
  • Cottage
  • Air Conditioning

About This Home

As of February 2022

This cozy seasonal cottage is the perfect summer property! Located in the Water Crest association which boasts a pool, hot tub, two play grounds, and plenty of open common area to enjoy the weather! Only 2.5 miles from the beach and conveniently located only minutes to all the shopping and restaurants Wells has to offer. Don't miss this unique opportunity to own this cottage as your vacation spot or rental property! The association employs their own property manager so there is not management fee taken from rental income, owners keep 100%!

Last Agent to Sell the Property

Adam Hedio

Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 12/18/2021

Coldwell Banker Realty

Last Buyer's Agent

Shayna Wright

Keller Williams Realty Metropolitan

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $831

Year Built

  • Built in 1989

Lot Details

  • Public Beach
  • Seasonal Access to Property
  • Landscaped
  • Open Lot

HOA Fees

  • $215 Monthly HOA Fees

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 396 Sq Ft Home
  • Den

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Shared Driveway

Location

  • City Lot

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater

Community Details

  • Near Conservation Area

Listing and Financial Details

  • Tax Lot 17-160
  • Assessor Parcel Number WLLS-000126-000017-000000-000160

Property Details

Home Type

Condominium

Est. Annual Taxes

$831

Year Built

Built in 1989

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 396.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1989
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 376.26
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 396.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 644.11
  • Location Information:Fee Frequency Paid: Quarterly
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Driveway:Common2: Yes
  • Water Heater:Tankless: Yes
  • Location:Near Public Beach: Yes
  • Style:Cottage: Yes
  • Heat System:Direct Vent Heater: Yes
  • Location:Abuts Conservation: Yes
  • Den:Den: Yes
  • Cooling:AC Units: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Abuts Conservation, Intown, Near Public Beach, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

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: 644.11
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: WLLS-000126-000017-000000-000160
  • Zoning: GB

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 831.0
  • Tax Lot: 17-160
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
Feb 11, 2022
Sold by
Beach Bum 1 Llc
Bought by
Theodorides Elaine
Seller's Agent
Adam Hedio
Coldwell Banker Realty
Buyer's Agent
Shayna Wright
Keller Williams Realty Metropolitan
List Price
$149,000
Sold Price
$153,000
Premium/Discount to List
$4,000
2.68%
Current Estimated Value
$196,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,323
Avg. Annual Appreciation
6.76%

Purchase Details

Listed on
Jun 27, 2018
Closed on
Nov 19, 2018
Sold by
1277 Post Road 122 Llc
Bought by
Beach Bum 1 Llc
Seller's Agent
Jason Vennard
Anchor Real Estate
Buyer's Agent
Jason Vennard
The Ramsdell Agency
List Price
$94,900
Sold Price
$89,950
Premium/Discount to List
-$4,950
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.76%

Purchase Details

Listed on
Jul 27, 2015
Closed on
Apr 17, 2015
Sold by
Miller Rebecca A
Bought by
1277 Post Road 122 Llc
Seller's Agent
William Holland
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Jason Vennard
The Ramsdell Agency
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
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
Theodorides Elaine $153,000 None Available
Theodorides Elaine $153,000 None Available
Theodorides Elaine $153,000 None Available
Beach Bum 1 Llc -- --
Beach Bum 1 Llc -- --
Beach Bum 1 Llc -- --
1277 Post Road 122 Llc -- --
1277 Post Road 122 Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2022 02/15/22 Sold $153,000 +2.7% $386 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
12/18/2021 12/18/21 For Sale $149,000 +65.6% $376 / Sq Ft
11/15/2018 11/15/18 Sold $89,950 -5.2% $227 / Sq Ft View Prior Sale
09/04/2018 09/04/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $94,900 +26.5% $240 / Sq Ft
04/16/2015 04/16/15 Sold $75,000 0.0% $189 / Sq Ft View Prior Sale
03/23/2015 03/23/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $75,000 -- $189 / 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 $996 $163,820 $100,930 $62,890
2023 $976 $163,820 $100,930 $62,890
2022 $849 $81,160 $45,900 $35,260
2021 $854 $81,160 $45,900 $35,260
2020 $831 $79,280 $45,900 $33,380
2019 $771 $73,960 $45,900 $28,060
2018 $763 $73,960 $45,900 $28,060
2017 $751 $73,960 $45,900 $28,060
2016 $744 $73,960 $45,900 $28,060
2015 $736 $73,960 $45,900 $28,060
2013 -- $73,960 $45,900 $28,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1516793

Maine Listings

APN: WLLS-000126-000017-000000-000160