NOT LISTED FOR SALE

16 Tern Ln Wells, ME 04090

Estimated Value: $720,199 - $795,000

3 Beds
1 Bath
864 Sq Ft
$886/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $470,000 $544 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,401/month

13 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • River Front
  • Wells Junior High School Rated A-
  • Country Club
  • Deck

About This Home

As of September 2020

Sitting on the edge of the Rachel Carson Reserve is this quaint 3 bedroom 1 bath ranch style beach house. The home is complete with a living room featuring a wood-burning fireplace, a galley style kitchen, and large windows in the living areas which allows for wonderful natural light. Details such as upgraded flooring and beamed ceilings make this home quite charming. Ample parking to accommodate 5-6 cars adds to this wonderful package. Spend a day enjoying the white sands of Moody Beach or paddle boarding through the estuaries of Rachel Carson. The home is conveniently located close to all that Wells has to offer and is 15 minutes from I-95. Create new coastal memories at this adorable haven!

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 08/06/2020

Last Buyer's Agent

Crystal Ducharme

Great Island Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,899

Year Built

  • Built in 1965

Lot Details

  • 4,792 Sq Ft Lot
  • River Front
  • Dirt Road
  • Public Beach
  • Level Lot
  • Open Lot
  • Property is zoned RB

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1 Fireplace
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Wood
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 033
  • Assessor Parcel Number WLLS-000109-000000-000033

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,899

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Surface Type: Gravel
  • Water Body Name: Ogunquit River
  • MLS Status: Closed
  • Directions: From route one Take Furbish Rd turn right onto S Tibbetts Ave. 150yards on the right will be Tern Lane go to the end of Tern lane and 16 Tern is the last home be on the left.
  • Above Grade Finished Sq Ft: 864.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1965
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 577.55
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 864.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Heat Fuel:Wood2: Yes
  • Roads:GravelDirt: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Location:Abuts Conservation: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer
  • Has Basement: Crawl Space, Exterior Entry, Bulkhead
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Abuts Conservation, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Near Railroad
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None, A/C Units, Multi Units
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: WLLS-000109-000000-000033
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 3899.0
  • Tax Lot: 033
  • Tax Year: 2019

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $470,000 -5.8% $544 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $499,000 -- $578 / 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 $4,645 $763,910 $605,500 $158,410
2023 $4,553 $763,910 $605,500 $158,410
2022 $3,916 $374,420 $281,100 $93,320
2021 $3,939 $374,420 $281,100 $93,320
2020 $6,220 $369,440 $281,100 $88,340
2019 $6,220 $369,440 $281,100 $88,340
2018 $6,220 $333,570 $281,100 $52,470
2017 $6,142 $333,570 $281,100 $52,470
2016 $3,356 $333,570 $281,100 $52,470
2015 $3,319 $333,570 $281,100 $52,470
2013 $4,039 $442,920 $390,450 $52,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1463298

Maine Listings

APN: WLLS-000109-000000-000031