NOT LISTED FOR SALE

1823 Post Rd Wells, ME 04090

Wells Area
3 Beds
3 Baths
2,182 Sq Ft
1.04 Acre Lot

Sale Details

Date Sold: April 12, 2021

Last sale price $950,000 $435 Per Sq Ft

176 Days on Market

Highlights

  • Ocean Front
  • 1.04 Acre Lot
  • Deck
  • Wells Junior High School Rated A-
  • Colonial Architecture
  • Property is near public transit and shops

About This Home

As of April 2021

Opportunity to own prominent Route One mixed business and residential property on 1 acre farm-like setting with gorgeous ocean and salt marsh views in Wells. Minutes from the miles of beautiful sandy beaches of Wells & Ogunquit, this property offers many income options for the coveted work/live lifestyle - including a lovingly restored 1810 seaside Captains home, a huge three story exposed wood barn, and a separate stylish 2 bedroom apartment with two decks. With it's location, expansive lawn, barn and ocean views, this could be a sought after wedding venue. Or perhaps a brew pub & restaurant with great outdoor seating. Long history of retail use, or could be a coastal family compound. The main home features stunning restored Georgian period architectural details & woodwork, and the apartment features granite countertops, stainless appliances, central A/C, 2 car garage and many amenities. Very unique investment opportunity close to turnpike, Portland/Portsmouth. Love where you work & live - time to make your dreams a reality.

Last Agent to Sell the Property

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 08/18/2020

Keller Williams Coastal and Lakes & Mountains Realty

Co-Listed By

Jesse Davies

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Susan DeQuattro Arrand

Coldwell Banker Realty

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,295

Year Built

  • Built in 1810

Lot Details

  • 1.04 Acre Lot
  • Ocean Front
  • Landscaped
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,182 Sq Ft Home
  • 1-Story Property
  • Storage
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit and shops
  • City Lot

Utilities

  • Air Conditioning
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number WLLS-000139-000000-000029

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Community Storage Space
  • Gross Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,295

Year Built

Built in 1810

Lot Details

1.04 Acres

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.04
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • Co List Office Phone: 207-475-0999
  • MLS Status: Closed
  • Directions: Take Route 1 North towards Kennebunk. Go Past Rt 109 Sanford Road . Property on right.
  • Above Grade Finished Sq Ft: 2182.0
  • Architectural Style: Colonial, Farmhouse
  • Garage Yn: Yes
  • Year Built: 1810
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 504.12
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.04
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2182.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 52800.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Amenities:Attic: Yes
  • Vehicle Storage:Storage Above: Yes
  • View:Scenic: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Advertising Remarks:Advertising Remarks: Opportunity to own prominent Route One mixed business and residential property on 1 acre farm-like setting with gorgeous ocean and salt marsh views in Wells. Minutes from the miles of beautiful sandy beaches of Wells & Ogunquit, this property offers many income options for the coveted work/live lifestyle - including a lovingly restored 1810 seaside Captains home, a huge three story exposed wood barn, and a separate stylish 2 bedroom apartment with two decks. With it's location, expansive lawn, barn and ocean views, this could be a sought after wedding venue. Or perhaps a brew pub & restaurant with great outdoor seating. Long history of retail use, or could be a coastal family compound. The main home features stunning restored Georgian period architectural details & woodwork, and the apartment features granite countertops, stainless appliances, central A/C, 2 car garage and many amenities. Very unique investment opportunity close to turnpike, Portland/Portsmouth. Love where you work & live - time to make your dreams a reality.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: Attic, One-Floor Living, Other, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Landscaped, Intown, Near Shopping, Near Public Transit
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition, Pitched, Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 11 - 20 Spaces, Paved, On Site, Detached, Off Street, Storage

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 45302.4
  • Parcel #: WLLS-000139-000000-000029
  • Zoning: RC

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 52800.0

Tax Info

  • Tax Annual Amount: 6295.0
  • Tax Lot: 29
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Apr 12, 2021
Sold by
Bashaw Charles J and Oconnell Susan L
Bought by
Seller's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Susan DeQuattro Arrand
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$671,379
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 11, 2014
Closed on
Feb 27, 2015
Sold by
Grethe Russell F
Bought by
Bashaw Charles J and Oconnell Susan L
Seller's Agent
Margaret Mitchell
Coldwell Banker Yorke Realty
Buyer's Agent
Michael L'Heureu
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$384,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Wells, ME

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Misc Company
Bashaw Charles J -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $760,000
Previous Owner Bashaw Charles J $384,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2021 04/12/21 Sold $950,000 -13.6% $435 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
08/18/2020 08/18/20 For Sale $1,100,000 +129.2% $504 / Sq Ft
02/26/2015 02/26/15 Sold $480,000 -3.0% $220 / Sq Ft View Prior Sale
01/12/2015 01/12/15 Pending -- -- --
09/11/2014 09/11/14 For Sale $495,000 -- $227 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,963 $1,232,650 $281,110 $951,540
2024 $7,021 $1,154,850 $281,110 $873,740
2023 $6,862 $1,151,270 $281,110 $870,160
2022 $6,425 $614,290 $157,250 $457,040
2021 $6,462 $614,290 $157,250 $457,040
2020 $6,438 $614,290 $204,420 $409,870
2019 $6,295 $604,100 $204,420 $399,680
2018 $5,363 $599,900 $204,420 $395,480
2017 $6,028 $593,290 $204,420 $388,870
2016 $4,865 $483,560 $204,420 $279,140
2015 $4,536 $455,870 $204,420 $251,450
2013 $4,017 $440,480 $204,420 $236,060
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1465071

Maine Listings

APN: WLLS 139-29

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