NOT LISTED FOR SALE

191 Ocean Ave Wells, ME 04090

Estimated Value: $1,644,000 - $4,289,000

4 Beds
2 Baths
1,696 Sq Ft
$1,930/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $1,450,000 $855 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $19,730/month

11 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Country Club
  • Deck
  • Wells Junior High School Rated A-
  • Cape Cod Architecture
  • Property is near public transit

About This Home

As of August 2015

Inviting oceanfront cottage on a well-landscaped lot on private Moody Beach. Open concept layout with four bedrooms, two baths, two covered porches, beautiful floors and a wood-burning fireplace. This captivating property is located on the most desirable stretch of Moody Beach & offers amazing marsh & ocean views. An easy walk along the beach to Ogunquit Square! Convenient access to shopping, fine dining, golf, boating & other outdoor recreation. Great opportunity to buy at Moody Beach at an affordable price!

Last Agent to Sell the Property

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 07/27/2015

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: 07/27/2015

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,630

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • Seasonal Access to Property
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned RB

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Cottage
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,696 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Location

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 191Ocean AvenueWells106105

Community Details

Overview

  • No Home Owners Association
  • Moody Beach Subdivision

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,630

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Moody Beach
  • Directions: Route 1 to Bourne Avenue and then left onto Ocean Avenue
  • Above Grade Finished Sq Ft: 1696.0
  • Architectural Style: Cottage, Cape
  • Year Built: 1900
  • Attribution Contact: 207-468-7335
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1696.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Style:Cottage: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Vehicle Storage:Under: Yes
  • Transportation:Rail Available: Yes
  • Bedroom Amenities 2:Cathedral Ceiling8: Yes
  • Bedroom Amenities 3:Cathedral Ceiling9: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Shopping, Neighborhood
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street, Underground

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 191Ocean AvenueWells106105
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 10630.0
  • Tax Book Number: 15440
  • Tax Lot: 105
  • Tax Map Number: 106
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Aug 7, 2015
Sold by
Shumway Kevin A
Bought by
Moody 191 Llc
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
$1,495,000
Sold Price
$1,450,000
Premium/Discount to List
-$45,000
-3.01%
Total Days on Market
11
Current Estimated Value
$3,274,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,824,033
Avg. Annual Appreciation
8.64%
Source: Public Records

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
Moody 191 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shumway Kevin A $417,000
Closed Shumway Kevin A $417,000
Closed Shumway Kevin A $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2022 11/05/22 Off Market $1,450,000 -- --
08/07/2015 08/07/15 Sold $1,450,000 -3.0% $855 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $1,495,000 -- $881 / 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 $23,104 $3,876,480 $2,540,160 $1,336,320
2022 $24,105 $2,304,540 $1,375,150 $929,390
2021 $24,244 $2,304,540 $1,375,150 $929,390
2020 $24,152 $2,304,540 $1,375,150 $929,390
2019 $24,013 $2,304,540 $1,375,150 $929,390
2018 $23,783 $2,304,540 $1,375,150 $929,390
2017 $23,328 $2,296,040 $1,375,150 $920,890
2016 $13,834 $1,375,150 $1,375,150 $0
2015 $14,962 $1,503,700 $1,375,150 $128,550
2013 $13,714 $1,503,700 $1,375,150 $128,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1216524

Maine Listings

APN: WLLS-000106-000000-000105