NOT LISTED FOR SALE

25 Island Beach Rd Wells, ME 04090

Estimated Value: $1,717,000 - $5,025,000

2 Beds
1 Bath
1,120 Sq Ft
$3,229/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $1,800,000 $1,607 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $21,478/month

60 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 60 Feet of Waterfront
  • Country Club
  • Wells Junior High School Rated A-
  • Public Beach
  • Wood Flooring

About This Home

As of April 2021

Overlooking the pristine and protected shores of Drakes Island Beach, this charming seaside cottage offers sweeping ocean views and 60 feet of private beach access. Considered a hidden treasure, Drakes Island offers its residents the unique opportunity to be a part of a quintessential seaside community with its private association clubhouse, children's summer programs and tennis club available for membership.Vaulted ceilings and a massive wood burning fireplace take center stage in the spacious living room along with views of the Atlantic. French doors lead to the sunroom that is surrounded by windows and provides the perfect spot to relax and take in the sea breezes. Vintage paneling add character throughout the interior. Two guest bedrooms, full bath and inviting eat-in kitchen add to its appeal. The front porch is perfect for summertime dining or game night. Windows frame the memorable sunsets and sweeping marsh views. The home is situated on a generous beachfront lot with ample parking, an outdoor shower, bunkhouse storage and waterside patio. Enjoy walks along the peaceful trails that wind along the Rachel Carson Wildlife Refuge and Laudholm Farm. Make magical memories that will last a lifetime at this wonderful summer cottage on Drakes Island beach!

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 12/09/2020

Last Buyer's Agent

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 12/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,445

Year Built

  • Built in 1952

Lot Details

  • 9,583 Sq Ft Lot
  • 60 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Seasonal Access to Property
  • Level Lot
  • Open Lot
  • Property is zoned RD

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Washer

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Outbuilding

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 069
  • Assessor Parcel Number WLLS-000137-000000-000069

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,445

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: From Route One in Wells...head North past fire station....take right on Drakes Island Road...take right at end of road onto Island Beach Road...cottage on left before Jetty Parking Lot.
  • Above Grade Finished Sq Ft: 1120.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1952
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1120.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Storage: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 60.0
  • Water Info:Water Frontage Owned -: 60.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 9583.2
  • Parcel #: WLLS-000137-000000-000069
  • Zoning: RD

Tax Info

  • Tax Annual Amount: 13445.0
  • Tax Book Number: 15324
  • Tax Lot: 069
  • Tax Map Number: 0137
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2007
Sold by
Hutton Judith L and Doane Phyllis E
Bought by
25 Island Beach Road Llc
Current Estimated Value
$3,616,321
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
25 Island Beach Road Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $1,800,000 -9.8% $1,607 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
12/09/2020 12/09/20 For Sale $1,995,000 -- $1,781 / 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 $26,750 $4,399,610 $3,011,020 $1,388,590
2023 $23,739 $3,983,030 $3,011,020 $972,010
2022 $13,989 $1,337,390 $1,240,800 $96,590
2021 $13,933 $1,324,400 $1,240,800 $83,600
2020 $13,880 $1,324,400 $1,240,800 $83,600
2019 $13,445 $1,290,300 $1,240,800 $49,500
2018 $6,658 $1,290,300 $1,240,800 $49,500
2017 $13,109 $1,290,300 $1,240,800 $49,500
2016 $12,980 $1,290,300 $1,240,800 $49,500
2015 $12,838 $1,290,300 $1,240,800 $49,500
2013 $11,768 $1,290,300 $1,240,800 $49,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1477905

Maine Listings

APN: WLLS-000137-000000-000069