NOT LISTED FOR SALE

161 Atlantic Ave Wells, ME 04090

Estimated Value: $1,620,000 - $1,972,000

4 Beds
2 Baths
1,268 Sq Ft
$1,421/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $970,000 $765 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $10,702/month

76 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Public Beach
  • Main Floor Bedroom
  • Wells Junior High School Rated A-
  • Deck
  • No HOA

About This Home

As of July 2019

Feel the soft sand between your toes just outside the door of this quintessential Maine Cottage located on Wells Beach. Originally built in 1900, this home has been updated within the past ten years. The first level of living features the kitchen, full bathroom, and dining area which adjoins a spacious living room and a first-floor bedroom. Large picture windows frame the crashing surf and a slider door access the rear yard and deck. The second level provides three additional bedrooms and a full bath. This is an opportunity for an income producing property or for a vacation retreat for years of memories to be made. The home is being offered with furniture, rental ready!

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 05/06/2019

Last Buyer's Agent

Troy Finn

The Aland Realty Group, LLC

The Aland Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,024

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • 40 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Level Lot
  • Open Lot
  • Property is zoned RB

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • 1,268 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number WLLS-000125-000000-000115

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,024

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Directions: Route One north, right onto Mile Road, left onto Atlantic, house on right.
  • Above Grade Finished Sq Ft: 1268.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1268.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Water Info:Waterfront Amount -: 40.0
  • Water Info:Water Frontage Owned -: 40.0
  • Style:Cottage: Yes
  • View:Scenic: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Dirt Floor, Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Pantry, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • 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: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Near Shopping, Near Town
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • 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: 3049.2
  • Parcel #: WLLS-000125-000000-000115
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 10024.0
  • Tax Book Number: 12463
  • Tax Lot: 115
  • Tax Map Number: 0125
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Jul 31, 2019
Sold by
Cass Deborah W and Wood Peter G
Bought by
Camelio Ft
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Troy Finn
The Aland Realty Group, LLC
List Price
$995,000
Sold Price
$970,000
Premium/Discount to List
-$25,000
-2.51%
Current Estimated Value
$1,800,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$830,824
Avg. Annual Appreciation
10.82%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Camelio Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cass Deborah W $100,000
Previous Owner Cass Deborah W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $970,000 -2.5% $765 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $995,000 -- $785 / 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 $10,113 $1,696,860 $1,432,810 $264,050
2022 $10,332 $987,760 $870,140 $117,620
2021 $10,380 $986,660 $870,140 $116,520
2020 $10,340 $986,660 $870,140 $116,520
2019 $10,281 $986,660 $870,140 $116,520
2018 $10,000 $986,660 $870,140 $116,520
2017 $10,024 $986,660 $870,140 $116,520
2016 $9,926 $986,660 $870,140 $116,520
2015 $9,817 $986,660 $870,140 $116,520
2013 $8,998 $986,660 $870,140 $116,520
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1412971

Maine Listings

APN: WLLS-000125-000000-000115