NOT LISTED FOR SALE

226 Bypass Rd Unit 4 Wells, ME 04090

Estimated Value: $171,000 - $218,596

1 Bed
1 Bath
592 Sq Ft
$125/mo HOA Fee

Last Sold August 30, 2018

Last sale price $85,000 $144 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,263/month

68 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • 3.8 Acre Lot
  • Wells Junior High School Rated A-
  • View of Trees or Woods
  • Deck

About This Home

As of August 2018

Looking for a Cute Year-Round 4 Room Condo Cottage Close the Beaches and Everything Else the Area Has to Offer? Here it is at Sea Pines Condos. Only 2.5 Miles From the Sandy Beach at Either Drakes Island Beach or Parsons Beach and Minutes From Kennebunk Port & Ogunquit And All They Have to Offer. Close to Everything but Located in a Private Setting Backing up to Woods. Great Rental Property Both In Season and off Season or Live There Year Round. A Great Alternative to Seasonal Condos at a Fraction of the Price.

Last Agent to Sell the Property

Steve Weigel

Coldwell Banker Y-Gull & Associates Listed on: 05/13/2018

Coldwell Banker Y-Gull & Associates

Last Buyer's Agent

Jeff Hoerth

CENTURY 21 Barbara Patterson

CENTURY 21 Barbara Patterson

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $764

Year Built

  • Built in 1983

Lot Details

  • Public Beach
  • Open Lot

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 592 Sq Ft Home
  • Living Room
  • Sun or Florida Room
  • Views of Woods

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near a golf course

Utilities

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

Community Details

  • Sea Pines Homeowners Assoc Subdivision

Listing and Financial Details

  • Tax Lot 17-04
  • Assessor Parcel Number 226Bypass Road4Wells15317-04

Property Details

Home Type

Condominium

Est. Annual Taxes

$764

Year Built

Built in 1983

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 3.8
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Sea Pines Homeowners Assoc
  • Directions: From Wells Corner take Rt 1 (Post Rd) North for 1.8 Miles. Go Left on Bypass Rd just past the Maine Diner. Go 4/10th of a mile on Bypass see Sea Pines on the Left
  • Above Grade Finished Sq Ft: 592.0
  • Architectural Style: Cottage, Ranch
  • Garage Yn: No
  • Year Built: 1983
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.8
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 592.0
  • Property Information:Garage: No
  • 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
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 125.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Sewer:Quasi-Public: Yes
  • Condominium:Total Units4: 10
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: 1st Floor Bedroom
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public, Other, Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 165528.0
  • Parcel #: 226Bypass Road4Wells15317-04
  • Zoning: R

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 764.0
  • Tax Lot: 17-04
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2018
Closed on
Aug 31, 2018
Sold by
Sibley Douglas
Bought by
Burnett Julie A
Seller's Agent
Steve Weigel
Coldwell Banker Y-Gull & Associates
Buyer's Agent
Jeff Hoerth
CENTURY 21 Barbara Patterson
List Price
$84,900
Sold Price
$85,000
Premium/Discount to List
$100
0.12%
Current Estimated Value
$199,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,399
Avg. Annual Appreciation
12.65%
Original Mortgage
$86,827
Outstanding Balance
$75,562
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$123,837

Purchase Details

Listed on
Feb 6, 2012
Closed on
Mar 29, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association
Seller's Agent
Terry Bragdon Fletcher
Regency Realty Group
Buyer's Agent
Richard Sirois
Regency Realty Group
List Price
$44,900
Sold Price
$40,000
Premium/Discount to List
-$4,900
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%

Purchase Details

Closed on
Sep 12, 2011
Sold by
Odonnell Bernard J and Bac Home Loans Svcng Lp
Bought by
Bac Home Loans Svcng Lp
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
Burnett Julie A -- --
Burnett Julie A -- --
Federal National Mortgage Association -- --
Federal National Mortgage Association -- --
Bac Home Loans Svcng Lp -- --
Bac Home Loans Svcng Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnett Julie A $86,827
Closed Burnett Julie A $86,827
Previous Owner Bac Home Loans Svcng Lp $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2018 08/30/18 Sold $85,000 +0.1% $144 / Sq Ft
07/21/2018 07/21/18 Pending -- -- --
05/13/2018 05/13/18 For Sale $84,900 +112.3% $143 / Sq Ft
04/27/2012 04/27/12 Sold $40,000 -10.9% $68 / Sq Ft View Prior Sale
03/26/2012 03/26/12 Pending -- -- --
02/06/2012 02/06/12 For Sale $44,900 -- $76 / 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 $1,073 $176,480 $140,610 $35,870
2023 $1,052 $176,480 $140,610 $35,870
2022 $885 $84,580 $38,280 $46,300
2021 $875 $83,140 $38,280 $44,860
2020 $840 $80,170 $38,280 $41,890
2019 $792 $75,990 $38,280 $37,710
2018 $770 $75,990 $38,280 $37,710
2017 $772 $75,990 $38,280 $37,710
2016 $764 $75,990 $38,280 $37,710
2015 $756 $75,990 $38,280 $37,710
2013 -- $75,990 $38,280 $37,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1349807

Maine Listings

APN: WLLS-000153-000017-000000-000004