NOT LISTED FOR SALE

1801 Post Rd Unit 198 Wells, ME 04090

Estimated Value: $249,000 - $317,000

1 Bed
1 Bath
640 Sq Ft
$210/mo HOA Fee

Last Sold December 10, 2020

Last sale price $149,000 $233 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,819/month

34 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • In Ground Pool
  • Wells Junior High School Rated A-
  • Country Club
  • View of Trees or Woods

About This Home

As of December 2020

Affordable vacation getaway in Wells! Point East is a popular vacation destination offering the perfect opportunity to enjoy a resort-type of lifestyle at a reasonable price. Tidy one bedroom condo with easy street level access and very convenient parking just outside the unit. Appealing end unit location. Fabulous outdoor common space with a sparkling swimming pool and hot tub along with a spacious patio area with grills and cafe tables. There is a also a private patio outside the unit. Enjoy this cozy condo for ten months of the year without the occupancy restrictions of the 28 Day Rule. Great investment property or enjoy yourself. This condo is in move-in condition and ready for your enjoyment. The nearest beach is at Drakes Island which is just over a mile away. All of the area's amenities are all just minutes from the property. The Kennebunks and Ogunquit are just ten minutes away!

Last Agent to Sell the Property

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 10/05/2020

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,277

Year Built

  • Built in 1986

Lot Details

  • Public Beach
  • Seasonal Access to Property
  • Landscaped
  • Open Lot

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Rowhouse Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 640 Sq Ft Home
  • Living Room
  • Views of Woods
  • Electric Range

Flooring

  • Brick
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

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

Accessible Home Design

  • Bath Modification
  • Level Entry For Accessibility

Outdoor Features

  • In Ground Pool
  • Nearby Water Access
  • Patio

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
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block B198 / 33
  • Assessor Parcel Number WLLS-000139-000033-000000-B000000-198

Community Details

Overview

  • 4 Buildings
  • 34 Units
  • Point East Resort Condomium Association Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,277

Year Built

Built in 1986

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Point East Resort Condomium Association
  • Above Grade Finished Sq Ft: 640.0
  • Architectural Style: Contemporary, Colonial, Row-End
  • Garage Yn: No
  • Year Built: 1986
  • Attribution Contact: 207-468-7335
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • 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
  • 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
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: 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: 210.0
  • 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: 34
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Transportation:Rail Available: Yes
  • Condominium:Total Units4: 105
  • Condominium:_pound_ of Buildings: 4
  • Floors:Brick2: Yes
  • Accessibilitiy Amenities:Other Bath Modifications: Yes
  • Style:Row-End: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Number Of Buildings: 4
  • Appliances: Refrigerator, Electric Range
  • Accessibility Features: Level Entry, Other Bath Modifications
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Kitchen Kitchen Level: First
  • Living Room Living Room 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 Town, Near Railroad
  • Pool Features: In Ground
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

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: 210.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: WLLS-000139-000033-000000-B000000-198
  • Zoning: GB

Multi Family

  • Number Of Units In Community: 34
  • Number Of Units Total: 105

Tax Info

  • Tax Annual Amount: 1277.0
  • Tax Block: 33
  • Tax Book Number: 14928
  • Tax Lot: B198
  • Tax Map Number: 133
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Dec 8, 2020
Sold by
Jackson Ruth G
Bought by
Lynch Amybeth
Seller's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
List Price
$159,000
Sold Price
$149,000
Premium/Discount to List
-$10,000
-6.29%
Current Estimated Value
$279,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,776
Avg. Annual Appreciation
13.87%

Purchase Details

Closed on
Aug 17, 2006
Sold by
Lwj Rt and Jackson
Bought by
Jackson Ruth G and Jackson Leonard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lynch Amybeth -- None Available
Jackson Ruth G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Ruth G $35,000
Previous Owner Jackson Ruth G $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2022 11/05/22 Off Market $149,000 -- --
12/10/2020 12/10/20 Sold $149,000 -6.3% $233 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $159,000 -- $248 / 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: 1471584

Maine Listings

APN: WLLS-000139-000033-000000-B000000-198