NOT LISTED FOR SALE

275 Atlantic Ave Wells, ME 04090

Estimated Value: $1,303,000 - $1,730,544

4 Beds
2.5 Baths
1,452 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $1,350,000 $930 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,703/month

166 Days on Market

Highlights

  • 40 Feet of Waterfront
  • River Nearby
  • Bonus Room
  • Wells Junior High School Rated A-
  • New Englander Architecture
  • Granite Countertops

About This Home

As of March 2024

Nestled on the coveted sands of Wells Beach, this property boasts direct beachfront access paired with mesmerizing views of the Atlantic Ocean and Webhannet River. Inside, the home has been thoughtfully updated, featuring 4 spacious bedrooms, 2.5 modern bathrooms, a newly renovated kitchen designed for culinary enthusiasts. The new wrap-around deck is an entertainer's dream, offering the perfect backdrop for gatherings with the symphony of waves. Ideal for those passionate about water sports, the property's location promises endless days of surfing, kayaking, swimming, boating, and fishing. Add to this the potential of the basement apartment and its close proximity to popular amenities like local breweries, resturants, Ogunquit, and not forgetting the convenience of I-95. This property encapsulates coastal luxury, beckoning those seeking a unique Maine sanctuary.

Last Agent to Sell the Property

Bradley Stephens

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 08/16/2023

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Steve Weigel

Y-Gull & Associates

Y-Gull & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,782

Year Built

  • Built in 1912

Lot Details

  • 3,049 Sq Ft Lot
  • 40 Feet of Waterfront
  • Ocean Front
  • Level Lot
  • Property is zoned RB

Home Design

  • New Englander Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,452 Sq Ft Home
  • Living Room
  • Bonus Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • River Nearby
  • Balcony
  • Porch

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number WLLS-000128-000000-000131

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,782

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: Interstate 95 to Wells Exit #19, Route 109 East to Route 1, Route 1 South to Mile Road, Mile Road to Atlantic Avenue. Follow Atlantic to 275 on the Ocean Front on Right.
  • Above Grade Finished Sq Ft: 1452.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1912
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 1274.1
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1452.0
  • Property Information:Garage: No
  • Site:Level: 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
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Bonus Room:Bonus Room: Yes
  • Recreational Water:Oceanfront: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Water Info:Waterfront Amount -: 40.0
  • Water Info:Water Frontage Owned -: 40.0
  • Room Features:BalconyDeck17: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Bedroom 1 Amenities:BalconyDeck: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Bedroom Amenities 4 Half Bath4: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Finished, Full, Partial, Exterior Only
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Third
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Near Golf Course, Near Town
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 3049.2
  • Parcel #: WLLS-000128-000000-000131
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 10782.0
  • Tax Lot: 131
  • Tax Year: 2022

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Mar 8, 2024
Sold by
Hartwell One Ft and Galvin
Bought by
Gamblin David G
Seller's Agent
Bradley Stephens
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Steve Weigel
Y-Gull & Associates
List Price
$2,195,000
Sold Price
$1,350,000
Premium/Discount to List
-$845,000
-38.5%
Views
11
Current Estimated Value
$1,488,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,636
Avg. Annual Appreciation
5.75%
Original Mortgage
$1,080,000
Outstanding Balance
$1,060,152
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$428,484
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gamblin David G $1,350,000 None Available
Gamblin David G $1,350,000 None Available
Gamblin David G $1,350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamblin David G $1,080,000
Closed Gamblin David G $1,080,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $1,350,000 -38.5% $930 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
08/16/2023 08/16/23 For Sale $2,195,000 -- $1,512 / 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 $10,755 $1,768,900 $1,416,230 $352,670
2023 $10,539 $1,768,300 $1,416,230 $352,070
2022 $10,782 $1,030,790 $860,600 $170,190
2021 $10,844 $1,030,790 $860,600 $170,190
2020 $10,408 $993,090 $860,600 $132,490
2019 $10,328 $991,150 $860,600 $130,550
2018 $9,944 $991,150 $860,600 $130,550
2017 $9,863 $970,780 $860,600 $110,180
2016 $9,766 $970,780 $860,600 $110,180
2015 $9,659 $970,780 $860,600 $110,180
2013 $8,840 $969,290 $860,600 $108,690
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Bradley Stephens

    Keller Williams Coastal and Lakes & Mountains Realty

    (207) 251-3900

    3 in this area

    52 Total Sales

    Bradley Stephens
    Section Image
  • Steve Weigel

    Buyer's Agent in 2024

    Steve Weigel

    Y-Gull & Associates

    (207) 251-1815

    69 in this area

    80 Total Sales

    Steve Weigel
    Section Image
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Map

Source: Maine Listings

MLS Number: 1569006

Maine Listings

APN: WLLS-000128-000000-000131

Maine York County Wells 04090

275 Atlantic Ave, Wells, ME

Not Listed for Sale

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