Seller's Agent in 2024
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
(207) 370-5406
95 in this area
665 Total Sales
Estimated Value: $409,000 - $426,017
2
Beds
1
Bath
480
Sq Ft
$175/mo
HOA Fee
Highlights
- Ocean Front
- Nearby Water Access
- Main Floor Bedroom
- Wells Junior High School Rated A-
- Public Beach
- Furnished
About This Home
As of August 2024Are you seeking a serene weekend escape by the Maine shore? Your quest ends here. This delightful 2-bedroom, 1-bath seasonal cottage condo has undergone a complete rejuvenation. The current owners meticulously reconstructed the space from the ground up, outfitting it with all-new electrical systems, plumbing, sheetrock, flooring, and fixtures. The efficient kitchen boasts new cabinets, sink, and fixtures, complemented by a stainless-steel range and refrigerator. The full bathroom was revamped with beadboard walls, a custom tiled shower, and a pedestal sink. Located directly across from Crescent Beach in Wells, you are mere steps from the sandy shoreline and the sea. Revel in stunning ocean vistas from your private patio and, as a member of the Webhannet by the Sea condo association, take pleasure in the communal green area for outdoor gatherings. This unit includes 2 designated parking spots and dedicated onsite storage. With modest condo fees, pet-friendly accommodations for owners, and strong potential for rental income, this property represents a remarkable investment opportunity available from April through October. Nestled near Wells, Ogunquit, and Kennebunk, you can delight in all the offerings of the enchanting seacoast.
Last Agent to Sell the Property
Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 06/18/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,436
Year Built
- Built in 1972
Lot Details
- Ocean Front
- Public Beach
- Seasonal Access to Property
- Landscaped
HOA Fees
- $175 Monthly HOA Fees
Property Views
- Water
- Scenic Vista
Home Design
- Cottage
- Block Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 480 Sq Ft Home
- Furnished
- Ceiling Fan
- Living Room
- Vinyl Flooring
Kitchen
- Electric Range
- Microwave
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- 1 Full Bathroom
Basement
- Exterior Basement Entry
- Crawl Space
Parking
- Common or Shared Parking
- Gravel Driveway
- Shared Driveway
- On-Site Parking
- Reserved Parking
Outdoor Features
- Nearby Water Access
- Patio
Location
- Property is near a golf course
Utilities
- No Cooling
- Baseboard Heating
- Natural Gas Not Available
- Electric Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 006
- Assessor Parcel Number WLLS-000119-000006-000000-000004
Community Details
Overview
- 2 Units
Amenities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2024
Closed on
Aug 28, 2024
Sold by
Loveland Justin M
Bought by
Karen Cagnina Lt and Cagnina
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Matthew Sukeforth
Portside Real Estate Group
List Price
$449,500
Sold Price
$432,000
Premium/Discount to List
-$17,500
-3.89%
Views
244
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,996
Avg. Annual Appreciation
-3.46%
Purchase Details
Listed on
Apr 23, 2023
Closed on
May 26, 2023
Sold by
Robyn M Scalley Ret and Scalley
Bought by
Loveland Justin M
Seller's Agent
Steve Weigel
Coldwell Banker Y-Gull & Associates
Buyer's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
List Price
$286,500
Sold Price
$327,001
Premium/Discount to List
$40,501
14.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.73%
Original Mortgage
$259,200
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 10, 2020
Sold by
Scalley James E and Scalley Robyn M
Bought by
Robyn M Scalley 2020 Ret and Scalley
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Karen Cagnina Lt | $432,000 | None Available | |
| Karen Cagnina Lt | $432,000 | None Available | |
| Karen Cagnina Lt | $432,000 | None Available | |
| Loveland Justin M | $327,001 | None Available | |
| Loveland Justin M | $327,001 | None Available | |
| Loveland Justin M | $327,001 | None Available | |
| Robyn M Scalley 2020 Ret | -- | None Available | |
| Robyn M Scalley 2020 Ret | -- | None Available | |
| Robyn M Scalley 2020 Ret | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Loveland Justin M | $259,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/29/2024 08/29/24 | Sold | $432,000 | -3.9% | $900 / Sq Ft | |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- | |
| 06/18/2024 06/18/24 | For Sale | $449,500 | +37.5% | $936 / Sq Ft | |
| 05/26/2023 05/26/23 | Sold | $327,001 | +14.1% | $681 / Sq Ft | View Prior Sale |
| 04/26/2023 04/26/23 | Pending | -- | -- | -- | |
| 04/23/2023 04/23/23 | For Sale | $286,500 | -- | $597 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $2,518 | $414,200 | $336,950 | $77,250 |
| 2023 | $2,436 | $408,800 | $336,950 | $71,850 |
| 2022 | $2,035 | $194,510 | $157,920 | $36,590 |
| 2021 | $2,046 | $194,510 | $157,920 | $36,590 |
| 2020 | $2,038 | $194,510 | $157,920 | $36,590 |
| 2019 | $2,027 | $194,510 | $157,920 | $36,590 |
| 2018 | $1,971 | $194,510 | $157,920 | $36,590 |
| 2017 | $1,976 | $194,510 | $157,920 | $36,590 |
| 2016 | $1,957 | $194,510 | $157,920 | $36,590 |
| 2015 | $1,935 | $194,510 | $157,920 | $36,590 |
| 2013 | $1,774 | $194,510 | $157,920 | $36,590 |
Source: Public Records
Agents Affiliated with this Home
-
Anne Erwin Real Estate
-
Matthew Sukeforth
M
Buyer's Agent in 2024
Matthew Sukeforth
Portside Real Estate Group
(207) 776-8406
16 in this area
78 Total Sales
-
Steve Weigel
Seller's Agent in 2023
Steve Weigel
Coldwell Banker Y-Gull & Associates
(207) 251-1815
69 in this area
80 Total Sales
Map
Source: Maine Listings
MLS Number: 1593857
APN: WLLS-000119-000006-000000-000004
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