NOT LISTED FOR SALE

22 Prescott Ln Wells, ME 04090

Estimated Value: $1,044,000 - $1,142,820

2 Beds
2 Baths
1,485 Sq Ft
$747/Sq Ft Est. Value

Last Sold September 01, 2015

Last sale price $510,000 $343 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $6,574/month

111 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Scenic Views
  • Wells Junior High School Rated A-
  • Public Beach
  • Deck

About This Home

As of September 2015

LET'S GO TO THE BEACH! 5 MINUTE WALK, WATERIEWS, MARSH FRONT, THIS CUTE BUNGELOW OFFERS GREAT SPACE. BUILD YOUR DREAM HOUSE ON THE LARGE LEVEL LOT. PRIVATE DRIVE, AMPLE PARKING, GREAT VIEWS, BRIGHT & CHEERY, GREAT SEPERATION. 1ST FLOOR BEDROOM & BATH, MULTI KITCHEN POTENTIALS. IF YOU LOVE THE BEACH YOU WILL LOVE THIS PROPERTY. ASKING $639,900

Last Agent to Sell the Property

Ralph Pape

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 07/27/2015

Last Buyer's Agent

Ralph Pape

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 07/27/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,204

Year Built

  • Built in 2004

Lot Details

  • 0.62 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Near Conservation Area
  • Street terminates at a dead end
  • Level Lot
  • Open Lot
  • Property is zoned RB

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,485 Sq Ft Home
  • Scenic Vista Views
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Deck
  • Patio

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number WLLS-000112-000000-000052

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,204

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Off Eldredge RD, turn right onto Ocean Ave. Right on to Hillside ST. Right on to Prescott Lane which becomes private. #22 is at the end on the left.
  • Above Grade Finished Sq Ft: 1485.0
  • Architectural Style: Contemporary
  • Year Built: 2004
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.62
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1485.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Floors:Concrete2: Yes
  • Location:Abuts Conservation: Yes
  • Transportation:Rail Available: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Interior Entry, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Kitchen Kitchen Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Abuts Conservation, Near Public Beach, Near Shopping
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, 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: 27007.2
  • Parcel #: WLLS-000112-000000-000052
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 5204.0
  • Tax Book Number: 15039
  • Tax Lot: 52
  • Tax Map Number: 112
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Sep 4, 2015
Sold by
Edmonds John R
Bought by
Mbswc Llc
Seller's Agent
Ralph Pape
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Ralph Pape
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$639,900
Sold Price
$510,000
Premium/Discount to List
-$129,900
-20.3%
Current Estimated Value
$1,123,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$613,763
Avg. Annual Appreciation
8.02%
Original Mortgage
$250,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2006
Sold by
Edmonds Alvin R
Bought by
Edmonds John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Mbswc Llc -- --
Mbswc Llc -- --
Edmonds John R -- --
Edmonds John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mbswc Llc $250,000
Closed Edmonds John R $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2015 09/01/15 Sold $510,000 -20.3% $343 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $639,900 -- $431 / 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 $7,679 $1,262,920 $907,890 $355,030
2023 $7,527 $1,262,920 $907,890 $355,030
2022 $6,203 $593,060 $416,150 $176,910
2021 $6,239 $593,060 $416,150 $176,910
2020 $6,010 $573,490 $416,150 $157,340
2019 $5,973 $573,260 $416,150 $157,110
2018 $5,683 $573,260 $416,150 $157,110
2017 $5,706 $561,570 $416,150 $145,420
2016 $5,511 $547,830 $416,150 $131,680
2015 $5,451 $547,830 $416,150 $131,680
2013 $4,996 $547,830 $416,150 $131,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1206616

Maine Listings

APN: WLLS-000112-000000-000052