NOT LISTED FOR SALE

20 Nautical Ln Wells, ME 04090

Estimated Value: $928,004 - $1,533,000

2 Beds
4 Baths
1,920 Sq Ft
$573/Sq Ft Est. Value

Last Sold March 23, 2017

Last sale price $527,600 $275 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,228/month

13 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Country Club
  • Wells Junior High School Rated A-
  • Public Beach
  • 2-minute walk to Wells National Estuarine Research Reserve

About This Home

As of March 2017

Terrific investment opportunity steps from sandy Wells Beach.Need room for out of town guests or additional beach parking? This income producing property consists of 2 separate bungalow style year round duplexes.Separately metered utilities, fully furnished and ready for summer fun. Each unit has 2 bedrooms, living room with cathedral ceilings, full bath and bright open kitchen. Private decks offer some distant water views, sea breezes, picnic tables, BBQ grills, outside shower, firepit and full dry basement.

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 02/14/2017

Last Buyer's Agent

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 02/14/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,815

Year Built

  • Built in 1985

Lot Details

  • 7,841 Sq Ft Lot
  • Ocean Front
  • Property fronts a private road
  • Public Beach
  • Street terminates at a dead end
  • Level Lot
  • Open Lot

Home Design

  • Raised Ranch Architecture
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 1,920 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Double Pane Windows
  • Scenic Vista Views
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Basement

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

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Porch

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number WLLS-000125-000000-000023

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Wells Beach Subdivision

Recreation

  • Country Club

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,815

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Frontage Type: Private
  • MLS Status: Closed
  • Subdivision Name: Wells Beach
  • Directions: From Route One Wells...take Mile Road to Wells Beach...left on Atlantic Ave then next left onto StudleyLane and right on Nautical...follow to end.
  • Above Grade Finished Sq Ft: 1920.0
  • Architectural Style: Cottage, Raised Ranch
  • Efficiency: Double Pane Windows
  • Building Stories: 2
  • Year Built: 1985
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1920.0
  • Site:Level: Yes
  • Site:Open: 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Roads:Dead End: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Amenities:Furniture Included: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:Raised Ranch: Yes
  • Building Info:_pound_ Floors3: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Only
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Furniture Included
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Public Beach, Near Shopping
  • View: Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Baseboard
  • 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: 7840.8
  • Parcel #: WLLS-000125-000000-000023
  • Zoning: BB

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5815.0
  • Tax Book Number: 10568
  • Tax Lot: 23
  • Tax Map Number: 125
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2019
Sold by
Holt John A
Bought by
Etter Joel S and Etter Marjorie B
Current Estimated Value
$1,095,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Outstanding Balance
$425,830
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$673,671
Source: Public Records

Range of Values:

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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
Etter Joel S -- --
Etter Joel S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Etter Joel S $484,350
Closed Etter Joel S $484,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2017 03/23/17 Sold $527,600 -8.2% $275 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $575,000 -- $299 / 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 $5,223 $859,080 $579,150 $279,930
2023 $5,120 $859,080 $579,150 $279,930
2022 $5,532 $528,880 $377,620 $151,260
2021 $5,564 $528,880 $377,620 $151,260
2020 $5,304 $506,130 $377,620 $128,510
2019 $5,107 $490,070 $377,620 $112,450
2018 $4,460 $441,440 $377,620 $63,820
2017 $4,485 $441,440 $377,620 $63,820
2016 $4,413 $438,680 $377,620 $61,060
2015 $4,364 $438,580 $377,620 $60,960
2013 $4,000 $438,580 $377,620 $60,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1294873

Maine Listings

APN: WLLS-000122-000000-000073