NOT LISTED FOR SALE

179 Ocean Ave Wells, ME 04090

Estimated Value: $2,078,000 - $2,442,000

5 Beds
2.5 Baths
2,180 Sq Ft
$1,041/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $2,146,000 $984 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $13,440/month

6 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 37 Feet of Waterfront
  • Property is near public transit
  • Wells Junior High School Rated A-
  • Country Club
  • Main Floor Bedroom

About This Home

As of September 2021

''Le Zephyr'' cottage on Moody Beach has been enjoyed by the same family for the past 100 years! This timeless Bungalow Style home is an architectural delight and is located at the desirable southern end of Moody. An ideal property for extended family and friends. Fantastic living/dining room combination space with captivating views from York to Kennebunkport. A very functional kitchen along with a bedroom and a full bath complete the first floor. The remaining four bedrooms are on the second floor and each offer an ocean or marsh view. The full walkout basement has two finished rooms with another full bath along with plenty of storage. The updating over the years make this property move-in condition and ready for your enjoyment. Replacement windows, new vinyl siding and newer roof make for a low maintenance exterior. The outdoor space with two awesome covered porches makes it easy to take a break from the beach and relax out of the sun or still enjoy being outside on a rainy day with a good book. Expansive lot with 65 feet of road frontage and plenty of parking for several cars. Walk the beach all the way to Ogunquit from your doorstep. Drop your kayak into the Ogunquit River just a few hundred feet from the property. Just 20 minutes to the Kennebunks and less than 10 minutes to Ogunquit Square. Interstate 95 and the Amtrak train to Boston are only a few miles away. Fine and casual dining is just minutes away as are the area's many shops, galleries and recreation. Enjoy this fabulous property yourself or should you decide to rent the income can't be beat. Don't miss out on this once in a lifetime opportunity! The property can't close until 10/15/2021

Last Agent to Sell the Property

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 05/16/2021

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 05/16/2021

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,314

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • 37 Feet of Waterfront
  • Ocean Front
  • Level Lot
  • Open Lot
  • Property is zoned RB

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Porch

Location

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 108
  • Assessor Parcel Number WLLS-000106-000000-000108

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,314

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: Route 1 to Bourne Avenue and then left onto Ocean Avenue
  • Above Grade Finished Sq Ft: 1648.0
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Year Built: 1925
  • Attribution Contact: 207-468-7335
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 1210.56
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1648.0
  • Property Information:SqFt Finished Below Grade: 532.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Style:Bungalow: Yes
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water Info:Waterfront Amount -: 37.0
  • Water Info:Water Frontage Owned -: 37.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Equipment:Internet Access Available: Yes
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Den:Den: Yes
  • Location:Near Railroad: Yes
  • Transportation:Rail Available: Yes
  • Amenities:Home Warranty: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 532.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Bedroom 5:Bedroom 5 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, 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: 6098.4
  • Parcel #: WLLS-000106-000000-000108
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 12314.0
  • Tax Lot: 108
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2021
Closed on
Sep 8, 2021
Sold by
Cooper Ft and Cooper
Bought by
Halpin Mathieu and Annick-Gaucher Paradis
Seller's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$1,995,000
Sold Price
$2,146,000
Premium/Discount to List
$151,000
7.57%
Current Estimated Value
$2,339,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,922
Avg. Annual Appreciation
1.32%
Original Mortgage
$1,609,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
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
Halpin Mathieu -- None Available
Halpin Mathieu -- None Available
Halpin Mathieu -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halpin Mathieu $1,609,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2022 11/05/22 Off Market $2,146,000 -- --
09/08/2021 09/08/21 Sold $2,146,000 +7.6% $984 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $1,995,000 -- $915 / 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 $13,588 $2,234,810 $1,989,380 $245,430
2023 $13,319 $2,234,810 $1,989,380 $245,430
2022 $12,519 $1,196,860 $1,075,200 $121,660
2021 $12,479 $1,186,220 $1,075,200 $111,020
2020 $12,315 $1,175,090 $1,075,200 $99,890
2019 $12,244 $1,175,090 $1,075,200 $99,890
2018 $11,910 $1,175,090 $1,075,200 $99,890
2017 $11,939 $1,175,090 $1,075,200 $99,890
2016 $11,821 $1,175,090 $1,075,200 $99,890
2015 $11,692 $1,175,090 $1,075,200 $99,890
2013 $10,717 $1,175,090 $1,075,200 $99,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1491855

Maine Listings

APN: WLLS-000106-000000-000108