NOT LISTED FOR SALE

165 Atlantic Ave Wells, ME 04090

Estimated Value: $1,684,000 - $1,987,000

3 Beds
1 Bath
1,256 Sq Ft
$1,437/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $914,000 $728 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $10,445/month

73 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Deck
  • New Englander Architecture
  • Wells Junior High School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of June 2014

Ocean front home on beautiful Wells Beach! Fantastic rental history, gorgeous views and a historic 1869 Main year-round cottage as well! This home has been well cared for and many of it's original details remain in-tact including a stone fireplace. Step onto the beach sand from your wrap-around deck! Views beyond compare! True beach front year-round Main cottage with fantastic rental history! Priced to sell well under tax assessment!

Last Agent to Sell the Property

Cindy Donnell

BHG Masiello Keene License #BR108331 Listed on: 03/18/2014

BHG Masiello Keene

Last Buyer's Agent

Cindy Donnell

BHG Masiello Keene License #BR108331 Listed on: 03/18/2014

BHG Masiello Keene

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,978

Year Built

  • Built in 1869

Lot Details

  • 3,049 Sq Ft Lot
  • 40 Feet of Waterfront
  • Lot Sloped Up
  • Property is zoned RB

Parking

  • 1 Car Garage

Home Design

  • New Englander Architecture
  • Cottage
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,256 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Outdoor Features

  • Water Access
  • Deck
  • Covered Patio or Porch

Utilities

  • Heating System Uses Oil
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,978

Year Built

Built in 1869

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Directions: Route 1, mile road, left onto Atlantic Avenue # 165 on right
  • Flood Zone: Yes
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 727.71
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1869
  • List Agent: 11028
  • Architectural Style: Cottage/Camp, New Englander
  • ResoLotFeatures: View, Waterfront
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range - Electric, Refrigerator, Water Heater - Electric
  • Features Interior: Fireplace - Wood, Fireplaces - 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Full
  • Room 1: Kitchen, 16x13, On Level: 1
  • Room 2: Dining Room
  • Room 3: Living Room, 15x10, On Level: 1
  • Room 4: Sunroom
  • Room 7: Primary Bedroom, 15x10, On Level: 1
  • Room 8: Bedroom, 14x10, On Level: 2
  • Room 9: Bedroom, 14x10, On Level: 2
  • Room 13: Other, 21x6, On Level: 1
  • Room 16: Bath - Full, On Level: 1
  • Sq Ft - Apx Finished AG: 1256
  • Sq Ft - Apx Total Finished: 1256

Exterior Features

  • Driveway: Paved
  • Foundation: Block
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Fiberglass
  • Features Exterior: Deck, Porch - Covered
  • Water Body Access: Yes
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Water Frontage Length: 40
  • Water Body Access: Owned
  • Waterfront: Yes
  • Construction Type: Wood Frame, Vinyl Exterior

Garage/Parking

  • Garage Capacity: 1
  • Parking: Parking Spaces 1, Underground
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Hot Air
  • Utilities: Cable
  • Water Source: Public

Lot Info

  • Lot Sq Ft: 3049
  • Lot Acres: 0.07
  • Surveyed: Unknown
  • Zoning: RB
  • Deed Book: 7215
  • Deed Page: 100
  • Deed Recorded Type: Trust

Tax Info

  • Tax Gross Amount: 8978
  • Tax Year: 2014

MLS Schools

  • School District: Wells School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
Jul 2, 2014
Sold by
Yvette Michaud T and Yvette Berke
Bought by
Sullivan Daniel J and Sullivan Jeanne G
Seller's Agent
Cindy Donnell
BHG Masiello Keene
Buyer's Agent
Cindy Donnell
BHG Masiello Keene
List Price
$929,000
Sold Price
$914,000
Premium/Discount to List
-$15,000
-1.61%
Current Estimated Value
$1,804,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$890,961
Avg. Annual Appreciation
6.11%
Original Mortgage
$450,000
Outstanding Balance
$340,759
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,464,202
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
Sullivan Daniel J -- --
Sullivan Daniel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Daniel J $450,000
Closed Sullivan Daniel J $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $914,000 -1.6% $728 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $929,000 -- $740 / Sq Ft
Source: PrimeMLS

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 $11,399 $1,874,800 $1,448,510 $426,290
2023 $11,174 $1,874,800 $1,448,510 $426,290
2022 $11,250 $1,075,490 $879,740 $195,750
2021 $11,314 $1,075,490 $879,740 $195,750
2020 $11,271 $1,075,490 $879,740 $195,750
2019 $11,207 $1,075,490 $879,740 $195,750
2018 $11,099 $1,075,490 $879,740 $195,750
2017 $10,927 $1,075,490 $879,740 $195,750
2016 $9,910 $985,110 $879,740 $105,370
2015 $9,802 $985,110 $879,740 $105,370
2013 $8,978 $984,430 $879,740 $104,690
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Cindy Donnell

    BHG Masiello Keene

    (207) 337-5558

    1 in this area

    19 Total Sales

    Cindy Donnell
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Map

Source: PrimeMLS

MLS Number: 4342784

PrimeMLS

APN: WLLS-000125-000000-000114

Maine York County Wells 04090

165 Atlantic Ave, Wells, ME

Not Listed for Sale

Detached

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