NOT LISTED FOR SALE

Wellington Manor 1762 Post Rd Unit 124 Wells, ME 04090

Estimated Value: $157,000 - $186,000

1 Bed
1 Bath
448 Sq Ft
$240/mo HOA Fee

Last Sold November 09, 2023

Last sale price $100,000 $223 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,202/month

15 Days on Market

Highlights

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

About This Home

As of November 2023

Great opportunity to build some equity in a year-round condo in Wellington Manor! Being sold as is, this property is an ideal opportunity for investors and handypersons to make this unit sparkle. Note that there is a 28-day rental rule in place. 24/7 on-site maintenance and professional rental management available to unit owners.

Last Agent to Sell the Property

Brian Toth

Town Square Realty Group Brokerage Email: brian@townsquarerg.com Listed on: 10/04/2023

Co-Listed By

Carolyn Levesque

Town Square Realty Group Brokerage Email: brian@townsquarerg.com

Last Buyer's Agent

NON-MREIS AGENT

Non MREIS Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $738

Year Built

  • Built in 1986

Lot Details

  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Composition Roof
  • Vertical Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 448 Sq Ft Home
  • Multi-Level Property
  • Scenic Vista Views
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access

Location

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • 80 Units
  • Wellington Manor Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number WLLS-000139-000039-000000-000124

Property Details

Home Type

Condominium

Est. Annual Taxes

$738

Year Built

Built in 1986

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Co List Office Phone: 207-324-2860
  • MLS Status: Closed
  • Subdivision Name: Wellington Manor
  • Directions: Route 1 (Post Road) in Wells to Wellington Manor. (located next to U.S. Post Office). GPS Friendly.
  • Above Grade Finished Sq Ft: 448.0
  • Architectural Style: Multi-Level, Other Style
  • Garage Yn: No
  • Year Built: 1986
  • Attribution Contact: brian@townsquarerg.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 301.34
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 448.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 240.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 80
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Yes
  • View:Scenic: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Condominium:Total Units4: 80
  • Exterior:Vertical Siding: Yes
  • Condominium:_pound_ of Buildings: 1
  • Condominium:VA Certification: No
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Railroad
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vertical Siding, Wood Frame
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: WLLS-000139-000039-000000-000124
  • Zoning: GB

Multi Family

  • Number Of Units In Community: 80
  • Number Of Units Total: 80

Tax Info

  • Tax Annual Amount: 738.0
  • Tax Lot: 39
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 9, 2023
Sold by
Shirley Vivian L
Bought by
Stefanelli David J and Stefanelli Nicole M
Seller's Agent
Brian Toth
Town Square Realty Group
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$135,000
Sold Price
$100,000
Premium/Discount to List
-$35,000
-25.93%
Current Estimated Value
$168,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,511
Avg. Annual Appreciation
28.99%
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
Stefanelli David J $100,000 None Available
Stefanelli David J $100,000 None Available
Stefanelli David J $100,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $100,000 -25.9% $223 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $135,000 -- $301 / 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 $932 $153,300 $71,170 $82,130
2023 $914 $153,300 $71,170 $82,130
2022 $741 $70,860 $32,340 $38,520
2021 $745 $70,860 $32,340 $38,520
2020 $743 $70,860 $32,340 $38,520
2019 $738 $70,860 $32,340 $38,520
2018 $731 $70,860 $32,340 $38,520
2017 $720 $70,860 $32,340 $38,520
2016 $713 $70,860 $32,340 $38,520
2015 $705 $70,860 $32,340 $38,520
2013 $646 $70,860 $32,340 $38,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1573912

Maine Listings

APN: WLLS-000139-000039-000000-000124