NOT LISTED FOR SALE

218 Merriland Ridge Rd Wells, ME 04090

Wells Area

Estimated Value: $586,000 - $695,000

1 Bed
1 Bath
960 Sq Ft
$670/Sq Ft Est. Value

Sale Details

Date Sold: April 17, 2025

Last sale price $295,000 $307 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,854 / mo

6 Days on Market

Highlights

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

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

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,993

Year Built

  • Built in 1967

Lot Details

  • 1.41 Acre Lot
  • Property fronts a freeway
  • 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
  • Property is near a beach
  • Deck
  • Outbuilding

Location

  • Property is near golf course, public transit, and shops

Utilities

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

1.41 Acres

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
  • Contract Information:List PriceSqFt: 307.29
  • 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
  • Advertising Remarks:Advertising Remarks: 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!
  • 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 Lot: 011
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$642,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,890
Avg. Annual Appreciation
74.44%
Original Mortgage
$374,750
Outstanding Balance
$369,810
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
$273,080
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $374,750
Previous Owner Tracy Steven B $143,500
Closed Tracy Steven B $45,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,685 $570,360 $121,730 $448,630
2024 $3,468 $570,360 $121,730 $448,630
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

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Map

Source: Maine Listings

MLS Number: 1615760

Maine Listings

APN: WLLS-000024-000011-000000-B000000

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