NOT LISTED FOR SALE

195 S Tibbetts Ave Wells, ME 04090

Estimated Value: $1,142,000 - $1,484,000

5 Beds
3 Baths
2,920 Sq Ft
$433/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $1,100,000 $377 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,268/month

109 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Access to Tidal Water
  • Country Club
  • Wells Junior High School Rated A-
  • Public Beach
  • Colonial Architecture

About This Home

As of September 2024

INVESTORS: DON'T MISS OUT - This home has a projected cap rate of 6.04% based on AIRDNA analytics to include a YEAR-ROUND 2,920 sqft colonial 5 bedroom home sitting on a double lot (100' X 100'). This colonial style home comes with a 2 car garage (HEATED) and a very generous driveway for visitors. It comes with a well landscaped yard, making sure you enjoy every second outside looking at the Wells Reserve. Step inside to discover a spacious layout boasting 5 bedrooms and 3 full bathrooms, offering ample space for your family to grow and thrive. The open-concept design allows for seamless flow between living, dining, and kitchen areas, perfect for entertaining guests or enjoying cozy family evenings. The heart of this home is the inviting three-season sunroom overlooking the Wells Reserve. Step outside into your private oasis, where lush greenery surrounds a private patio, providing the perfect backdrop for outdoor relaxation and dining. Whether you're hosting a summer barbecue or simply enjoying a quiet morning coffee, this outdoor space is sure to delight. Tucked away on a dead-end street, this home offers unparalleled privacy, allowing you to unwind in peace without the disturbances of through traffic. Conveniently located within walking distance to Moody Beach - public access (.2 miles). Within 3 miles from downtown Ogunquit, and 10 miles from Kennebunkport making for an easy commute to dining / shopping / entertainment. Take advantage of the Trolly system as you traverse the seacoast. Don't miss this rare opportunity to own a slice of serenity in a highly sought-after location. Schedule your private viewing today and experience the magic of this charming family haven for yourself!

Last Agent to Sell the Property

Brent Hill

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 04/11/2024

Keller Williams Coastal and Lakes & Mountains Realty

Co-Listed By

Greg Gosselin

Gosselin Realty Group

Last Buyer's Agent

Jonathan Safford

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,379

Year Built

  • Built in 1983

Lot Details

  • 10,019 Sq Ft Lot
  • 100 Feet of Waterfront
  • Property fronts a private road
  • Public Beach
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Property is zoned RB

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,920 Sq Ft Home
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Screened Porch
  • Attic

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Access to Tidal Water
  • Nearby Water Access
  • Patio
  • Shed

Location

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Power Generator
  • Water Heated On Demand
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number WLLS-000109-000000-000005

Community Details

Overview

  • No Home Owners Association
  • Informal Subdivision
  • Near Conservation Area

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,379

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Wells Estuarian Reserve
  • Co List Office Phone: 207-363-2414
  • MLS Status: Closed
  • Subdivision Name: Informal
  • Above Grade Finished Sq Ft: 2920.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1983
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 461.99
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2920.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Cooling:Central Air: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Cooktop: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Equipment:Generator: Yes
  • Location:Abuts Conservation: Yes
  • Vehicle Storage:Heated: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Rail Available: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: INVESTORS: DON'T MISS OUT - This home has a projected cap rate of 6.04% based on AIRDNA analytics to include a YEAR-ROUND 2,920 sqft colonial 5 bedroom home sitting on a double lot (100' X 100'). This colonial style home comes with a 2 car garage (HEATED) and a very generous driveway for visitors. It comes with a well landscaped yard, making sure you enjoy every second outside looking at the Wells Reserve. Step inside to discover a spacious layout boasting 5 bedrooms and 3 full bathrooms, offering ample space for your family to grow and thrive. The open-concept design allows for seamless flow between living, dining, and kitchen areas, perfect for entertaining guests or enjoying cozy family evenings. The heart of this home is the inviting three-season sunroom overlooking the Wells Reserve. Step outside into your private oasis, where lush greenery surrounds a private patio, providing the perfect backdrop for outdoor relaxation and dining. Whether you're hosting a summer barbecue or simply enjoying a quiet morning coffee, this outdoor space is sure to delight. Tucked away on a dead-end street, this home offers unparalleled privacy, allowing you to unwind in peace without the disturbances of through traffic. Conveniently located within walking distance to Moody Beach - public access (.2 miles). Within 3 miles from downtown Ogunquit, and 10 miles from Kennebunkport making for an easy commute to dining / shopping / entertainment. Take advantage of the Trolly system as you traverse the seacoast. Don't miss this rare opportunity to own a slice of serenity in a highly sought-after location. Schedule your private viewing today and experience the magic of this charming family haven for yourself!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Dryer, Dishwasher, Cooktop
  • Other Equipment: Internet Access Available, Generator, Cable
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Walk-in Closets, Attic, Bathtub, Pantry, Shower, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 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: Well Landscaped, Level, Abuts Conservation, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Near Railroad
  • View: Scenic
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Porch, Screened
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Heated, Auto Door Opener, 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Upper Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: WLLS-000109-000000-000005
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 7379.0
  • Tax Lot: 5
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Sep 5, 2024
Sold by
Kathleen S Bks Ft and Banks
Bought by
Tucci Cristen and Tucci John
Seller's Agent
Brent Hill
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Jonathan Safford
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$1,500,000
Sold Price
$1,100,000
Premium/Discount to List
-$400,000
-26.67%
Views
124
Current Estimated Value
$1,263,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,595
Avg. Annual Appreciation
12.25%
Original Mortgage
$880,000
Outstanding Balance
$870,003
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$393,592

Purchase Details

Closed on
Jan 14, 2016
Sold by
Banks Kathleen S
Bought by
Kathleen S Banks Ft and Banks
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tucci Cristen $1,100,000 None Available
Tucci Cristen $1,100,000 None Available
Tucci Cristen $1,100,000 None Available
Tucci Cristen $1,100,000 None Available
Kathleen S Banks Ft -- --
Kathleen S Banks Ft -- --
David K Banks Ft -- --
David K Banks Ft -- --
David K Banks Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucci Cristen $880,000
Closed Tucci Cristen $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $1,100,000 -18.5% $377 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/15/2024 07/15/24 Price Changed $1,349,000 -2.9% $462 / Sq Ft
06/18/2024 06/18/24 Price Changed $1,390,000 -2.5% $476 / Sq Ft
05/15/2024 05/15/24 Price Changed $1,425,000 -5.0% $488 / Sq Ft
04/11/2024 04/11/24 For Sale $1,500,000 -- $514 / 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
2024 $7,686 $1,264,080 $782,300 $481,780
2023 $7,379 $1,238,090 $782,300 $455,790
2022 $6,097 $582,840 $330,400 $252,440
2021 $6,131 $582,840 $330,400 $252,440
2020 $5,721 $545,890 $330,400 $215,490
2019 $2,763 $545,890 $330,400 $215,490
2018 $5,634 $545,890 $330,400 $215,490
2017 $2,728 $545,550 $330,400 $215,150
2016 $5,488 $545,550 $330,400 $215,150
2015 $5,428 $545,550 $330,400 $215,150
2013 $6,147 $674,050 $458,900 $215,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1585311

Maine Listings

APN: WLLS-000109-000000-000005