NOT LISTED FOR SALE

Wellington Manor 1762 Post Rd Unit 234 Wells, ME 04090

Estimated Value: $163,000 - $199,000

1 Bed
1 Bath
448 Sq Ft
$230/mo HOA Fee

Last Sold November 20, 2020

Last sale price $114,000 $254 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,284/month

9 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Clubhouse
  • Wells Junior High School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of November 2020

Wellington Manor- a unique and rare find! If you're looking for a getaway of your own or a money-making rental investment, this is the perfect bet! Unit 234 us a bright and sunny 2nd floor unit! **Adjoining unit # 233 (MLS #1470524) is also for sale and can be bought as a package! Buy both units to create a 2 bed, 2 bath, 900sf double-unit! Or rent out one or both units. The possibilities are endless!** All appliances and furnishings will convey with units. Walk, drive or hop a trolley to numerous beaches, shopping destinations and area restaurants. Wellington Manor is a well-established, well-maintained condominium complex offering a total of 80 units, a clubhouse featuring a rec room, indoor pool, sauna, pool table, and a kitchen for big gatherings! Option for nightly rentals! Cable/internet included in low monthly fee! Great investment opportunity, second home or weekend escape! 28-day occupancy rule does apply. Pets are welcome!

Last Agent to Sell the Property

Leland Boutwell

Bean Group Listed on: 09/27/2020

Last Buyer's Agent

Leland Boutwell

MaineStay Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $738

Year Built

  • Built in 1986

Lot Details

  • Public Beach
  • Landscaped

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 448 Sq Ft Home
  • Furnished

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Nearby Water Access
  • Deck

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 234 / 039
  • Assessor Parcel Number WLLS-000139-000039-000000-000234

Community Details

Overview

  • 20 Buildings
  • 20 Units
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$738

Year Built

Built in 1986

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • MLS Status: Closed
  • Directions: Heading north on Rt. 1, Wellington Manor is on left after Burnt Mill Rd. Unit located around the right side of building.
  • Above Grade Finished Sq Ft: 448.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 448.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 230.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 20
  • Style:Garden: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Amenities:Furniture Included: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Condominium:Total Units4: 80
  • Condominium:_pound_ of Buildings: 20
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 20
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Furniture Included

Exterior Features

  • Lot Features: Level, Landscaped, Near Public Beach, Near Shopping, Near Town, Near Public Transit
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common, On Site, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • 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

  • Community Features: Clubhouse
  • Association Fee: 230.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: WLLS-000139-000039-000000-000234
  • Zoning: GB

Multi Family

  • Number Of Units In Community: 20
  • Number Of Units Total: 80

Tax Info

  • Tax Annual Amount: 738.0
  • Tax Block: 039
  • Tax Book Number: 13056
  • Tax Lot: 234
  • Tax Map Number: 0139
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2020
Closed on
Nov 20, 2020
Sold by
Moore Marlene K
Bought by
Doyle Barbara and Doyle Mark
Seller's Agent
Leland Boutwell
Bean Group
Buyer's Agent
Leland Boutwell
MaineStay Realty
List Price
$115,000
Sold Price
$114,000
Premium/Discount to List
-$1,000
-0.87%
Current Estimated Value
$179,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,375
Avg. Annual Appreciation
10.04%
Original Mortgage
$85,500
Outstanding Balance
$77,117
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$102,790
Source: Public Records

Range of Values:

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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
Doyle Barbara -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doyle Barbara $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $114,000 -0.9% $254 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/27/2020 09/27/20 For Sale $115,000 -- $257 / 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 $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: 1470526

Maine Listings

APN: WLLS-000139-000039-000000-000234