NOT LISTED FOR SALE

147 Island Beach Rd Wells, ME 04090

Estimated Value: $2,621,000 - $3,428,000

4 Beds
3 Baths
2,200 Sq Ft
$1,353/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $1,871,500 $851 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $17,542/month

183 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 75 Feet of Waterfront
  • Cape Cod Architecture
  • Wells Junior High School Rated A-
  • Public Beach
  • Deck

About This Home

As of September 2020

With bold ocean views from Ogunquit to the Kennebunks and the sandy beach right outside of your door, this charming oceanfront home offers solid post and beam construction on coveted Drakes Island. It has plenty of room to entertain all your guests with its open-concept design welcoming ocean breezes. Stroll along over half a mile of gleaming, sandy beach or simply relax and enjoy the panoramic views. With its four bedrooms, three full baths and finished third floor, this home would be perfect as a vacation or income-producing property (with an established rental history) or, since one-floor living is possible, use it as your primary/retirement residence.

Last Agent to Sell the Property

Ginny Whitney

Legacy Properties Sotheby's International Realty Listed on: 01/24/2020

Co-Listed By

Jan Kovarik

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Kevin Erikson

Anne Erwin Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,457

Year Built

  • Built in 1987

Lot Details

  • 10,454 Sq Ft Lot
  • 75 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Level Lot
  • Open Lot
  • Property is zoned Res D

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Post and Beam
  • Concrete Foundation
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,200 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Storm Doors
  • Laundry on main level

Kitchen

  • Stove
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number WLLS-000142-000000-000097

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,457

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • Co List Office Mls Id: 2358
  • Co List Office Phone: 207-967-0934
  • MLS Status: Closed
  • Directions: Rte. 1 to Drakes Island Rd. to end; turn right, then quick left into driveway.
  • Above Grade Finished Sq Ft: 2200.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Efficiency: Storm Doors
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2200.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Basement:Partial: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 75.0
  • Water Info:Water Frontage Owned -: 75.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Construction:Post Beam: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Basement Entry:Exterior Only: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Has Basement: Partial, Exterior Entry, Bulkhead, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower, Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Bedroom 3 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: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Clapboard, Post & Beam
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • 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: 10454.4
  • Parcel #: WLLS-000142-000000-000097
  • Zoning: Res D

Tax Info

  • Tax Annual Amount: 15457.0
  • Tax Book Number: 17286
  • Tax Lot: 97
  • Tax Map Number: 142
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Sep 4, 2020
Sold by
Haskell Robert A and Haskell Penelope E
Bought by
Skelly Katherine M and Skelly Joseph M
Seller's Agent
Ginny Whitney
Legacy Properties Sotheby's International Realty
Buyer's Agent
Kevin Erikson
Anne Erwin Sotheby's International Realty
List Price
$2,175,000
Sold Price
$1,871,500
Premium/Discount to List
-$303,500
-13.95%
Current Estimated Value
$2,976,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,104,816
Avg. Annual Appreciation
9.56%
Original Mortgage
$1,122,900
Outstanding Balance
$996,499
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,979,817

Purchase Details

Closed on
Jul 29, 2016
Sold by
Haskell Robert A and Haskell Penelope E
Bought by
Haskell Robert A and Haskell Penelope E

Purchase Details

Closed on
Jun 26, 2009
Sold by
Drakes Island Llc
Bought by
Haskell Robert A and Haskell Penelope E
Source: Public Records

Range of Values:

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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
Skelly Katherine M -- None Available
Skelly Katherine M -- None Available
Haskell Robert A -- --
Haskell Robert A -- --
Haskell Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skelly Katherine M $1,122,900
Closed Skelly Katherine M $1,122,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $1,871,500 -14.0% $851 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $2,175,000 -- $989 / 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 $21,141 $3,477,210 $2,888,540 $588,670
2023 $20,724 $3,477,210 $2,888,540 $588,670
2022 $15,799 $1,510,420 $1,191,970 $318,450
2021 $15,890 $1,510,420 $1,191,970 $318,450
2020 $15,829 $1,510,420 $1,191,970 $318,450
2019 $15,739 $1,510,420 $1,191,970 $318,450
2018 $15,177 $1,483,440 $1,191,970 $291,470
2017 $15,362 $1,512,020 $1,220,550 $291,470
2016 $15,211 $1,512,020 $1,220,550 $291,470
2015 $15,045 $1,512,020 $1,220,550 $291,470
2013 $13,790 $1,512,020 $1,220,550 $291,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1443142

Maine Listings

APN: WLLS-000142-000000-000097