NOT LISTED FOR SALE

1801 Post Rd Unit 187 Wells, ME 04090

Wells Neighborhood

Estimated Value: $228,000 - $277,000

1 Bed
1 Bath
640 Sq Ft
$330/mo HOA Fee

Last Sold May 03, 2024

Last sale price $260,000 $406 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,878/month

5 Days on Market

Highlights

  • Public Beach
  • In Ground Pool
  • Deck
  • Wells Junior High School Rated A-
  • View of Trees or Woods
  • Furnished

About This Home

As of May 2024

This well-loved, TURNKEY-FURNISHED condo located in the popular POINT EAST RESORT in Wells, Maine is awaiting its next owner! UPDATES include newer STAINLESS STEEL APPLIANCES (range, refrigerator), energy efficient replacement window in bedroom and slider in main living area. Enjoy your morning coffee on your private covered deck as the salty air from the Atlantic Ocean envelops the senses! Nicely appointed condo sleeps four comfortably in the queen bedroom suite with an adjustable base for supreme comfort as well as a pull out couch for those overnight guests. Point East Resort, nestled within a natural setting on the east side of route 1, offers an inground, heated pool and hot tub along with a large community patio to entertain your guests. NON-AGE RESTRICTED, 10-monthly occupancy, March 1 - December 31, no 28-day rule. Monthly fee includes sewer, water, cable, internet, exterior maintenance, road maintenance and master insurance policy. Come enjoy the resort town of Wells Maine and all that the COASTAL CORRIDOR of Southern Maine has to offer with casual and fine dining, live entertainment, boutique shopping, picturesque SALT MARSH, estuaries, SANDY BEACHES and more! Schedule your showing today!

Last Listed By

Karen Udiskey

EXIT Oceanside Realty Listed on: 04/01/2024

EXIT Oceanside Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,485

Year Built

  • Built in 1986

Lot Details

  • Public Beach
  • Seasonal Access to Property

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Double Pane Windows
  • Living Room
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Driveway
  • Paved Parking

Pool

  • In Ground Pool
  • Spa

Utilities

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

Additional Features

  • Deck
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 187
  • Assessor Parcel Number WLLS-000139-000033-000000-B000000-187

Community Details

Overview

  • 24 Units
  • Point East Subdivision

Amenities

  • Coin Laundry

Pet Policy

  • Limit on the number of pets
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,485

Year Built

Built in 1986

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2771
  • Co List Office Phone: 207-646-8333
  • MLS Status: Closed
  • Subdivision Name: Point East
  • Directions: Use GPS coordinates for ''Point East''. Take I95 N, exit 19, turn left at end of ramp onto route 109, follow to 2nd light (route 1), turn left onto route 1, follow to Point East on right. Building #1 on right - 2nd to last door on left, #187.
  • Above Grade Finished Sq Ft: 640.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 640.0
  • Property Information:Garage: No
  • 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
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 330.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 24
  • Restrictions:Breed Restrictions: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • View:TreesWoods: Yes
  • Kitchen Countertop:Formica: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Amenities:Furniture Included: Yes
  • Cooling:AC Units: Yes
  • Amenities:Hot Tub: Yes
  • Restrictions:_two_ Pets: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: No
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Furniture Included, Bathtub, One-Floor Living
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • Pool Features: In Ground
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

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

  • Association Fee: 330.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets, Breed Restrictions, Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: WLLS-000139-000033-000000-B000000-187
  • Zoning: GB

Multi Family

  • Number Of Units In Community: 24

Tax Info

  • Tax Annual Amount: 1485.0
  • Tax Book Number: 17724
  • Tax Lot: 187
  • Tax Map Number: 139//187
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 3, 2024
Sold by
Palmer Richard S and Palmer Twila M
Bought by
Freitas Denise C
Seller's Agent
Karen Udiskey
EXIT Oceanside Realty
Buyer's Agent
Dorinda Stark
Coldwell Banker Realty
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Total Days on Market
5
Views
37
Current Estimated Value
$255,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,308
Avg. Annual Appreciation
-1.58%
Original Mortgage
$208,000
Outstanding Balance
$205,989
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$49,703

Purchase Details

Listed on
Apr 29, 2017
Closed on
Jun 1, 2018
Sold by
Batista Rene J and Batista Linda S
Bought by
Palmer Richard S and Palmer Twila M
Seller's Agent
Pamela Coyne
EXIT Oceanside Realty
Buyer's Agent
Pamela Coyne
EXIT Oceanside Realty
List Price
$134,500
Sold Price
$122,000
Premium/Discount to List
-$12,500
-9.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%
Original Mortgage
$97,600
Interest Rate
4.38%
Mortgage Type
New Conventional

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
Freitas Denise C $260,000 None Available
Freitas Denise C $260,000 None Available
Palmer Richard S -- --
Palmer Richard S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freitas Denise C $208,000
Closed Freitas Denise C $208,000
Previous Owner Palmer Richard S $97,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $260,000 +4.0% $406 / Sq Ft
04/15/2024 04/15/24 Price Changed $249,900 0.0% $390 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $249,900 +104.8% $390 / Sq Ft
05/30/2018 05/30/18 Sold $122,000 -9.3% $191 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
04/29/2017 04/29/17 For Sale $134,500 -- $210 / 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 $1,485 $249,150 $124,430 $124,720
2022 $1,282 $122,520 $56,570 $65,950
2021 $1,289 $122,520 $56,570 $65,950
2020 $1,284 $122,520 $56,570 $65,950
2019 $1,277 $122,520 $56,570 $65,950
2018 $1,242 $122,520 $56,570 $65,950
2017 $1,245 $122,520 $56,570 $65,950
2016 $1,233 $122,520 $56,570 $65,950
2015 $1,219 $122,520 $56,570 $65,950
2013 $1,117 $122,520 $56,570 $65,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1585386

Maine Listings

APN: WLLS-000139-000033-000000-B000000-187