NOT LISTED FOR SALE

15 Farley Ln Wells, ME 04090

Estimated Value: $432,000 - $485,000

1 Bed
0.5 Bath
415 Sq Ft
$1,102/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $300,000 $723 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,659/month

17 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Country Club
  • Wells Junior High School Rated A-
  • Public Beach
  • View of Trees or Woods

About This Home

As of December 2022

Incredible 12.23 acre opportunity just off bustling Route One Wells close to sandy beaches, shopping, restaurants and Ogunquit Village. This large wooded parcel features a charming seasonal cottage that is being conveyed in ''as is'' condition. Great investment potential! Lot outlines in photos are approximate.

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 10/22/2022

Last Buyer's Agent

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 10/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1947

Lot Details

  • 12.23 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Street terminates at a dead end
  • Seasonal Access to Property
  • Level Lot
  • Property is zoned GB

Parking

  • On-Site Parking

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 415 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Views of Woods
  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 0.5 Bathroom

Outdoor Features

  • Nearby Water Access

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Seasonal Water

Listing and Financial Details

  • Tax Lot 015
  • Assessor Parcel Number WLLS-000114-000000-000015

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,596

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 12.23
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Head north on Route One Ogunquit just past East Restaurant on left take on Hobson Lane. First left on Farley ...last house on right.
  • Above Grade Finished Sq Ft: 415.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1947
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 12.23
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 415.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Water:Public3: Yes
  • Roads:Private: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Heat Fuel:Wood2: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Style:Cottage: Yes
  • View:TreesWoods: Yes
  • Location:Near Country Club: Yes
  • Water:Seasonal4: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Other, Not Applicable
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Right of Way, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Block, Pillar/Post/Pier
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Other, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove
  • Heating Yn: Yes
  • Electric: Other Electric
  • Sewer: Other
  • Water Source: Public, Seasonal

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 532738.8
  • Parcel #: WLLS-000114-000000-000015
  • Zoning: GB

Tax Info

  • Tax Annual Amount: 1596.0
  • Tax Book Number: 18807
  • Tax Lot: 015
  • Tax Map Number: 0114
  • Tax Year: 2021

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mullins William $8,839
Closed Mullins Mary B $150,000
Closed Mullins Mary B $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $300,000 -14.3% $723 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
10/22/2022 10/22/22 For Sale $350,000 +52.2% $843 / Sq Ft
03/12/2020 03/12/20 Sold $230,000 +43.8% $554 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $159,900 -- $385 / 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
2023 $2,059 $345,390 $140,560 $204,830
2022 $1,798 $171,880 $63,910 $107,970
2021 $1,808 $171,880 $63,910 $107,970
2020 $1,735 $165,600 $63,910 $101,690
2019 $1,726 $165,600 $63,910 $101,690
2018 $3,601 $160,850 $63,910 $96,940
2017 $1,634 $160,850 $63,910 $96,940
2016 $1,618 $160,850 $63,910 $96,940
2015 $1,600 $160,850 $63,910 $96,940
2013 $1,467 $160,850 $63,910 $96,940
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1546552

Maine Listings

APN: WLLS-000114-000000-000013