NOT LISTED FOR SALE

195 Ocean Ave Wells, ME 04090

Estimated Value: $1,782,000 - $3,052,000

5 Beds
2 Baths
2,364 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $2,100,000 $888 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $15,151/month

1 Day on Market

Highlights

  • Deeded Waterfront Access Rights
  • 50 Feet of Waterfront
  • Deck
  • Wells Junior High School Rated A-
  • Public Beach
  • Contemporary Architecture

About This Home

As of July 2018

Wonderful 4 to 5 Bedroom Year Round Open Concept Beach House Situated on The Middle of Private Sandy Moody (Ogunquit) Beach. This Tastefully Furnished Home was Recently Renovated Inside and Out and is in Pristine Condition. Beautifully Landscaped Grounds and Patios are Only Steps From the Private Sandy Beach. Featuring Large Sun Filled Rooms with Panoramic Views of the Beach and Ocean, Designer Kitchen, Hardwood and Tile Floors, Full Basement for Storage This Home Has it All. Private Yet Close Everything the Area has to Offer.

Last Agent to Sell the Property

Steve Weigel

Coldwell Banker Y-Gull & Associates Listed on: 06/13/2018

Coldwell Banker Y-Gull & Associates

Last Buyer's Agent

Steve Weigel

Coldwell Banker Y-Gull & Associates Listed on: 06/13/2018

Coldwell Banker Y-Gull & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,500

Year Built

  • Built in 1997

Lot Details

  • 6,970 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Open Lot
  • Property is zoned RB

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2,364 Sq Ft Home
  • Furnished
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Home Security System

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Access to Tidal Water
  • Deck
  • Patio

Location

  • Property is near a golf course

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Gas Water Heater
  • Water Heated On Demand
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 195OCEANAVEWells106104

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,500

Year Built

Built in 1997

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
  • Directions: NORTH ON RT.1 FROM OGUNQUIT/ TURN RIGHT AT 1ST SET OF LIGHTS ON BOURNE AVE/ AT THE END TURN LEFT ON OCEAN AVE/ HOME IS BEACH FRONT 5TH ON THE RIGHT/ SEE SIGN
  • Above Grade Finished Sq Ft: 2364.0
  • Architectural Style: Contemporary
  • Year Built: 1997
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2364.0
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Heat Fuel:Electric: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Cooling:Central Air: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Office:Office: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Recreational Water:Deeded: Yes
  • Equipment:Internet Access Available: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Amenities:Furniture Included: Yes
  • Washer/Dryer Other Location: Yes
  • Driveway:Concrete3: Yes
  • Recreational Water:Beach Rights: Yes
  • Heat System:No Heat System: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, Other, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • 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: Open Lot, Near Golf Course, Near Public Beach, Other
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Patio And Porch Features: Deck, Patio
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Concrete, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other, No Heat System, Baseboard, 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 #: 195OCEANAVEWells106104
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 15500.0
  • Tax Book Number: 16488
  • Tax Lot: 104
  • Tax Map Number: 106
  • Tax Year: 2005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Jul 30, 2018
Sold by
Wells Nt
Bought by
Mark J Melkonian Ret
Seller's Agent
Steve Weigel
Coldwell Banker Y-Gull & Associates
Buyer's Agent
Steve Weigel
Coldwell Banker Y-Gull & Associates
List Price
$2,200,000
Sold Price
$2,100,000
Premium/Discount to List
-$100,000
-4.55%
Current Estimated Value
$2,512,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,765
Avg. Annual Appreciation
3.26%
Original Mortgage
$1,270,000
Outstanding Balance
$1,107,616
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,530,875

Purchase Details

Closed on
Dec 18, 2012
Sold by
Leibovitz Regina A and Leibovitz Mark S
Bought by
Wells Nt and Liebowitz Mark S

Purchase Details

Closed on
Mar 6, 2007
Sold by
Baker Alexandra L and Baker Lansing G
Bought by
Leibovitz Regina A and Leibovitz Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Mark J Melkonian Ret -- --
Wells Nt -- --
Leibovitz Regina A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark J Melkonian Ret $1,270,000
Previous Owner Leibovitz Regina A $365,000
Previous Owner Leibovitz Regina A $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $2,100,000 -4.5% $888 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $2,200,000 -- $931 / 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 $17,845 $2,994,100 $2,540,160 $453,940
2022 $16,425 $1,570,230 $1,375,150 $195,080
2021 $16,519 $1,570,230 $1,375,150 $195,080
2020 $16,456 $1,570,230 $1,375,150 $195,080
2019 $16,362 $1,570,230 $1,375,150 $195,080
2018 $16,041 $1,554,360 $1,375,150 $179,210
2017 $15,792 $1,554,360 $1,375,150 $179,210
2016 $15,623 $1,552,990 $1,375,150 $177,840
2015 $15,452 $1,552,990 $1,375,150 $177,840
2013 $14,163 $1,552,990 $1,375,150 $177,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1355734

Maine Listings

APN: WLLS-000106-000000-000104