NOT LISTED FOR SALE

1793 Post Rd Wells, ME 04090

Estimated Value: $749,365

5 Beds
3.5 Baths
3,244 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $575,000 $177 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,247/month

113 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • The property is located in a historic district
  • Wells Junior High School Rated A-
  • Country Club
  • Colonial Architecture

About This Home

As of October 2022

Great opportunity to live in the desirable beach town of Wells. This beautiful, well-maintained home is conveniently located on Route 1 and nearby to many great beaches and restaurants. Enjoy plenty of living space, storage, the well landscaped yard, and two driveways with ample parking when family and friends visit you in the summer. This property is zoned as general business, so you can look into options for your business or use the separate commercial space for additional living area. You will also enjoy the benefit of rental income from the apartment to help offset your mortgage, as well as additional income if you decide to rent out the commercial space. The opportunities are endless! The main house is currently sectioned off with the upstairs being used as a guest quarters but could easily be transformed back to one living area between the up and downstairs if desired. Come take a look at this wonderful home that the owners have enjoyed with their family for many years. A very short drive to Drake's Island Beach, Wells Harbor, Wells Beach, and many highly rated restaurants. Kennebunk and Ogunquit beaches are also nearby.

Last Agent to Sell the Property

Kelsea Hough

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 04/28/2022

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Kelsea Hough

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 04/28/2022

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,584

Year Built

  • Built in 1840

Lot Details

  • 0.38 Acre Lot
  • Public Beach
  • Landscaped
  • Level Lot

Home Design

  • 3,244 Sq Ft Home
  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course
  • The property is located in a historic district
  • City Lot

Utilities

  • Air Conditioning
  • Zoned Heating
  • Space Heater
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Attic

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number WLLS-000139-000033-000000-A000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Additional Features

  • Community Storage Space
  • Gross Income $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,584

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.38
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly. From Sanford Road, turn left onto Route 1. Drive 0.5 miles, property is on your right.
  • Above Grade Finished Sq Ft: 3244.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1840
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 184.65
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.38
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3244.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: 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:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: 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
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 8400.0
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Historic District: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Location:Near Country Club: Yes
  • Water Heater:Tank: Yes
  • Basement:Sump Pump: Yes
  • Amenities:In-Law Apartment: Yes
  • Heat System:Space Heater: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Advertising Remarks:Advertising Remarks: Great opportunity to live in the desirable beach town of Wells. This beautiful, well-maintained home is conveniently located on Route 1 and nearby to many great beaches and restaurants. Enjoy plenty of living space, storage, the well landscaped yard, and two driveways with ample parking when family and friends visit you in the summer. This property is zoned as general business, so you can look into options for your business or use the separate commercial space for additional living area. You will also enjoy the benefit of rental income from the apartment to help offset your mortgage, as well as additional income if you decide to rent out the commercial space. The opportunities are endless! The main house is currently sectioned off with the upstairs being used as a guest quarters but could easily be transformed back to one living area between the up and downstairs if desired. Come take a look at this wonderful home that the owners have enjoyed with their family for many years. A very short drive to Drake's Island Beach, Wells Harbor, Wells Beach, and many highly rated restaurants. Kennebunk and Ogunquit beaches are also nearby.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Crawl Space, Full, Sump Pump, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Vinyl, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, In-Law Floorplan, Shower, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Landscaped, Historic District, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Space Heater, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16552.8
  • Parcel #: WLLS-000139-000033-000000-A000000
  • Zoning: General Business

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 8400.0

Tax Info

  • Tax Annual Amount: 3584.0
  • Tax Lot: 33
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Oct 3, 2022
Sold by
Maher Robert F and Maher Susan W
Bought by
1793 Post Llc
Seller's Agent
Kelsea Hough
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Kelsea Hough
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$799,000
Sold Price
$575,000
Premium/Discount to List
-$224,000
-28.04%
Current Estimated Value
$749,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,365
Avg. Annual Appreciation
8.66%
Original Mortgage
$460,000
Outstanding Balance
$438,421
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$310,944
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1793 Post Llc $575,000 Stewart Title
1793 Post Llc $575,000 Stewart Title
1793 Post Llc $575,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1793 Post Llc $460,000
Closed 1793 Post Llc $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $575,000 -28.0% $177 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $799,000 -- $246 / 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 $3,801 $625,110 $197,740 $427,370
2023 $3,726 $625,110 $197,740 $427,370
2022 $3,563 $340,650 $125,900 $214,750
2021 $3,584 $340,650 $125,900 $214,750
2020 $3,390 $323,520 $125,900 $197,620
2019 $2,743 $263,280 $125,900 $137,380
2018 $2,717 $263,280 $125,900 $137,380
2017 $2,675 $263,280 $125,900 $137,380
2016 $2,649 $263,280 $125,900 $137,380
2015 $2,620 $263,280 $125,900 $137,380
2013 $2,401 $263,280 $125,900 $137,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1526265

Maine Listings

APN: WLLS-000139-000033-000000-A000000