NOT LISTED FOR SALE

1650 Post Rd Wells, ME 04090

4 Beds
4 Baths
2,128 Sq Ft
0.27 Acres

Last Sold April 02, 2024

Last sale price $650,000 $305 Per Sq Ft

80 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Property is near public transit
  • Wells Junior High School Rated A-
  • Colonial Architecture
  • Main Floor Bedroom

About This Home

As of April 2024

Unique opportunity to own a 4-unit apartment building in Wells, Maine. This 1900's classic colonial features 4, one-bedroom, one-bath units with open-concept kitchen and living areas. Recently, new flooring has been installed throughout and the interior painted. A spacious foyer provides interior access, two units being on the first level and two units being located on the second level. The level lot offers a paved area with ample parking for tenants. The building is currently 100% vacant, whether you are looking for owner occupied, short term or long term tenancy, or commercial conversion, the opportunities are endless. A great location, walking distance to Wells Harbor, restaurants and seacoast amenities!

Last Agent to Sell the Property

Rick Cosseboom

Anchor Real Estate Listed on: 01/12/2024

Last Buyer's Agent

Joseph Italiaander

The Boulos Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,560

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

  • 2,128 Sq Ft Home
  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Nearby Water Access
  • Property is near public transit

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 008 1
  • Assessor Parcel Number WLLS-000135-000008-000000-000001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,560

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2128.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 328.48
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.27
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2128.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:Stone: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Advertising Remarks:Advertising Remarks: Unique opportunity to own a 4-unit apartment building in Wells, Maine. This 1900's classic colonial features 4, one-bedroom, one-bath units with open-concept kitchen and living areas. Recently, new flooring has been installed throughout and the interior painted. A spacious foyer provides interior access, two units being on the first level and two units being located on the second level. The level lot offers a paved area with ample parking for tenants. The building is currently 100% vacant, whether you are looking for owner occupied, short term or long term tenancy, or commercial conversion, the opportunities are endless. A great location, walking distance to Wells Harbor, restaurants and seacoast amenities!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Exterior Entry, Bulkhead, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Tile
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Near Shopping, Near Town, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11761.2
  • Parcel #: WLLS-000135-000008-000000-000001
  • Zoning: GB

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3560.0
  • Tax Lot: 008 1
  • Tax Year: 2023
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2024 04/03/24 Pending -- -- --
04/02/2024 04/02/24 Sold $650,000 -7.0% $305 / Sq Ft
01/12/2024 01/12/24 For Sale $699,000 +55.3% $328 / Sq Ft
04/16/2021 04/16/21 Sold $450,000 +2.3% $211 / Sq Ft View Prior Sale
03/01/2021 03/01/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $439,900 -- $207 / Sq Ft
Source: Maine Listings

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 $3,631 $597,250 $273,240 $324,010
2023 $3,560 $597,250 $273,240 $324,010
2022 $3,573 $341,630 $165,300 $176,330
2021 $3,577 $340,020 $165,300 $174,720
2020 $3,563 $340,020 $165,300 $174,720
2019 $3,543 $340,020 $165,300 $174,720
2018 $3,446 $340,020 $165,300 $174,720
2017 $3,455 $340,020 $165,300 $174,720
2016 $3,421 $340,020 $165,300 $174,720
2015 $3,383 $340,020 $165,300 $174,720
2013 $3,101 $340,020 $165,300 $174,720
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1580021

Maine Listings