$295,000
SOLD APR 17, 2025

218 Merriland Ridge Rd Wells, ME 04090

1 Bed
1 Bath
960 Sq Ft
1.41 Acres

Recently Sold

$307 Per Sq Ft

6 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • View of Trees or Woods
  • Wells Elementary School Rated A-
  • Country Club
  • 1.41 Acre Lot

About This Home

As of April 2025

Endless Potential! Two Dwellings - Investors Take Notice!
Set on a spacious 1.41-acre lot, this unique property offers not one, but two buildings with incredible potential! A paved circular driveway brings you to the 1967 ranch-style home, which sits on a full foundation with a basement and is ready for a new vision—sold as-is and priced to move! The second structure, built in 1986, was once a functional apartment and offers great possibilities—whether as a guest house, rental opportunity, or accessory dwelling. Also sold as-is, this space is awaiting your renovation. With two functioning wells (one for each dwelling) and a shared septic system (condition unknown), the groundwork is in place for an exciting project. This aggressively priced property is an exceptional opportunity for investors, builders, or buyers looking for a value with room to grow! Don't miss out, empty and easy to show—schedule a showing today!

Last Agent to Sell the Property

Janna Syrene

EXP Realty Listed on: 03/10/2025

EXP Realty

Last Buyer's Agent

Janna Syrene

EXP Realty Listed on: 03/10/2025

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,993

Year Built

  • Built in 1967

Lot Details

  • 1.41 Acre Lot
  • Public Beach
  • Wooded Lot

Home Design

  • Ranch Style House
  • Camp Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 960 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Views of Woods

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding

Location

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot 011
  • Assessor Parcel Number WLLS-000024-000000-000011

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,993

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.41
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From I95 take Route 109 West to left on Route 9. Continue on Route 9 for 2 mi. Take Merriland Ridge Rd on left.
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Camp, Ranch
  • Garage Yn: No
  • Year Built: 1967
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.41
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 960.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Style:Camp: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Location:Near Country Club: Yes
  • Location:Near Railroad: Yes
  • Electric:Fuses: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Other
  • Full Basement: Yes
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Other, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Fuses, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 61419.6
  • Parcel #: WLLS-000024-000000-000011
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 2993.0
  • Tax Book Number: 14133
  • Tax Lot: 011
  • Tax Map Number: 24
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
Apr 3, 2025
Sold by
Tracy Steven B and Tracy Melissa
Bought by
Tracy Steven B and Tracy Melissa
Seller's Agent
Janna Syrene
EXP Realty
Buyer's Agent
Janna Syrene
EXP Realty
List Price
$295,000
Sold Price
$295,000
Views
87
Current Estimated Value
$619,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,467
Avg. Annual Appreciation
683.46%
Original Mortgage
$374,750
Outstanding Balance
$374,750
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
$172,300
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $374,750 Credit Line Revolving
Closed $374,750 Credit Line Revolving
Previous Owner $143,500 Unknown
Previous Owner $45,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $295,000 0.0% $307 / Sq Ft
03/16/2025 03/16/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $295,000 -- $307 / 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 $3,399 $570,360 $121,730 $448,630
2022 $2,315 $221,350 $55,440 $165,910
2021 $2,329 $221,350 $55,440 $165,910
2020 $2,320 $221,350 $55,440 $165,910
2019 $2,306 $221,350 $55,440 $165,910
2018 $1,889 $183,030 $55,440 $127,590
2017 $1,860 $183,030 $55,440 $127,590
2016 $1,841 $183,030 $55,440 $127,590
2015 $1,821 $183,030 $55,440 $127,590
2013 $1,669 $183,030 $55,440 $127,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1615760

Maine Listings

APN: WLLS-000024-000011-000000-B000000