NOT LISTED FOR SALE

218 Ocean Ave Wells, ME 04090

Estimated Value: $1,149,000 - $1,994,000

2 Beds
2.5 Baths
1,304 Sq Ft
$1,214/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $1,300,000 $997 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,460/month

41 Days on Market

Highlights

  • 71 Feet of Waterfront
  • Country Club
  • Property is near public transit
  • Wells Junior High School Rated A-
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of November 2021

Magnificent Moody Beach! Meticulous property offering 71 feet of direct water frontage on Stevens Brook/Ogunquit River. Outstanding lot and location for this all season million dollar view home. River/marsh and /or ocean vistas from every room. One of only a few lots on the west side of Ocean Avenue with as much direct and accessible open water. Constructed with only the finest materials - this reverse floor plan home is truly one of a kind. Fabulous kitchen, dining and living room combination open concept space with cathedral ceilings, generous first floor master bedroom, gorgeous hardwood floors throughout and an amazing walk-out basement den with a full bath, laundry and more views! Every inch of square footage in this very classy property is utilized perfectly. Fantastic outdoor space with two decks, a spacious rear patio and IMPECCABLE landscaping give this property gorgeous curb appeal! Drop your kayak, canoe or stand up paddle board from your own backyard! The Bourne Avenue beach access is just a two minute stroll. Walk to a few area restaurants and/or walk the beach all the way to Ogunquit! Fine and casual dining, galleries, shops and recreation are all just minutes away. If you love and appreciate the outdoors and enjoy relaxing days at the beach or spending time on your sunny deck, rear patio or shaded backyard while taking in the expansive water views then this property is surely for you!

Last Agent to Sell the Property

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 09/09/2021

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 09/09/2021

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,438

Year Built

  • Built in 1981

Lot Details

  • 4,792 Sq Ft Lot
  • 71 Feet of Waterfront
  • Ocean Front
  • River Front
  • Near Conservation Area
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned RB

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Water Views

Kitchen

  • Electric Range
  • <<microwave>>
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio

Location

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

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number WLLS-000106-000000-000051

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,438

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Directions: Route 1 to Bourne Avenue and then left onto Ocean Avenue.
  • Above Grade Finished Sq Ft: 1119.0
  • Architectural Style: Contemporary, Colonial
  • Garage Yn: No
  • Year Built: 1981
  • Attribution Contact: 207-468-7335
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1119.0
  • Property Information:SqFt Finished Below Grade: 185.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Water Info:Waterfront Amount -: 71.0
  • Water Info:Water Frontage Owned -: 71.0
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Location:Near Country Club: Yes
  • Location:Abuts Conservation: Yes
  • Den:Den: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Location:Near Railroad: Yes
  • Transportation:Rail Available: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer
  • Has Basement: Walk-Out Access, Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 185.0
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Abuts Conservation, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • Waterfront Features: Ocean, River
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Other

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 4791.6
  • Parcel #: WLLS-000106-000000-000051
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 6438.0
  • Tax Book Number: 7480
  • Tax Lot: 51
  • Tax Map Number: 106
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Nov 15, 2021
Sold by
Etchstone Properties Inc
Bought by
Gajevski Linda
Seller's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$1,349,000
Sold Price
$1,300,000
Premium/Discount to List
-$49,000
-3.63%
Current Estimated Value
$1,583,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,393
Avg. Annual Appreciation
5.83%
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
Gajevski Linda -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2022 11/05/22 Off Market $1,300,000 -- --
11/15/2021 11/15/21 Sold $1,300,000 -3.6% $997 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $1,349,000 -- $1,035 / 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 $8,285 $1,390,150 $1,158,010 $232,140
2022 $6,607 $631,660 $493,280 $138,380
2021 $6,645 $631,660 $493,280 $138,380
2020 $6,438 $614,300 $493,280 $121,020
2019 $6,401 $614,300 $493,280 $121,020
2018 $6,226 $614,300 $493,280 $121,020
2017 $6,241 $614,300 $493,280 $121,020
2016 $6,180 $614,300 $493,280 $121,020
2015 $6,112 $614,300 $493,280 $121,020
2013 $5,415 $593,730 $493,280 $100,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1508360

Maine Listings

APN: WLLS-000106-000000-000051