$440,000
SOLD MAY 30, 2024

28 El Velvel Cir Wells, ME 04090

3 Beds
1 Bath
1,229 Sq Ft
0.61 Acres

Recently Sold

$358 Per Sq Ft

7% Above List Price

4 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Scenic Views
  • Wells Elementary School Rated A-
  • Country Club
  • Chalet

About This Home

As of May 2024

Embrace the free-style vibe of this charming chalet style home in a darling neighborhood, that offers a unique blend of rustic charm, warm sunshine, and modern convenience. As you enter, the bright, open-concept interior invites you in, with sunlight streaming through the many windows, creating a warm and welcoming ambiance. Cozy up by the wood stove in the living space, where you can bask in its comforting heat on chilly Maine evenings. As you prepare meals in your recently renovated kitchen you will enjoy the flow allowing you to interact with family or guests. This home offers three bedrooms, including a loft-style upper level with one of the three bedrooms. The unfinished lower level provides additional storage options, while the potential for an outbuilding or garage, with town approval, opens up exciting possibilities for expansion. Farm to table, if you enjoy gardening you certainly have the space to have an organic oasis. The chicken coop conveys offering the option for fresh eggs daily adding a wholesome touch to your culinary adventures. Conveniently located just a short walk from the 600-acre Fenderson Wildlife Preserve, nature enthusiasts will delight in the abundance of outdoor adventures right at their doorstep. There is quick access to I95 for commuters, and minutes drive to the stunning beaches of the seacoast, this home truly offers the best of both worlds - tranquil Maine affordable living, with easy access to shopping, amenities, recreation and the beach. Open House Saturday 27th & Sunday 28th 12-2:00

Last Agent to Sell the Property

Janna Syrene

EXP Realty Listed on: 04/25/2024

EXP Realty

Last Buyer's Agent

Derek Theriault

Town & Shore Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,193

Year Built

  • Built in 1976

Lot Details

  • 0.61 Acre Lot
  • Public Beach
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned RA

Home Design

  • Chalet
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,229 Sq Ft Home
  • 1 Fireplace
  • Dining Room
  • Scenic Vista Views

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Gravel Driveway
  • On-Site Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available

Additional Features

  • Nearby Water Access
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number WLLS-000067-000000-000008

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,193

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.61
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Travel West on RT109 from I 95. Turn left onto El Velvel Circle. sign on your left.
  • Above Grade Finished Sq Ft: 1229.0
  • Architectural Style: Chalet
  • Garage Yn: No
  • Year Built: 1976
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.61
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1229.0
  • 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
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Rural
  • View: Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26571.6
  • Parcel #: WLLS-000067-000000-000008
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 2193.0
  • Tax Book Number: 18310
  • Tax Lot: 008
  • Tax Map Number: 67
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 30, 2024
Sold by
Magnusson Hannah
Bought by
Mahler Kevin P and Newton Jenny M
Seller's Agent
Janna Syrene
EXP Realty
Buyer's Agent
Derek Theriault
Town & Shore Real Estate
List Price
$409,900
Sold Price
$440,000
Premium/Discount to List
$30,100
7.34%
Views
85
Current Estimated Value
$447,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,856
Avg. Annual Appreciation
0.85%
Original Mortgage
$336,000
Outstanding Balance
$333,227
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$111,121

Purchase Details

Listed on
Jun 7, 2020
Closed on
Jul 16, 2020
Sold by
Caprio Christine P and Speight John L
Bought by
Whittaker Brendan and Magnusson Hannah
Seller's Agent
Janna Syrene
Bean Group
Buyer's Agent
Janna Syrene
RE/MAX Realty One
List Price
$239,900
Sold Price
$266,400
Premium/Discount to List
$26,500
11.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.84%
Original Mortgage
$253,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2007
Sold by
Whitney Kenneth A
Bought by
Speight John L and Caprio Christine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,450
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 9, 2005
Sold by
Smith April L
Bought by
Whitney Kenneth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $440,000 None Available
Warranty Deed $440,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,000 Purchase Money Mortgage
Closed $336,000 Purchase Money Mortgage
Previous Owner $253,000 New Conventional
Previous Owner $179,450 Unknown
Previous Owner $148,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $440,000 +7.3% $358 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $409,900 +53.9% $334 / Sq Ft
07/16/2020 07/16/20 Sold $266,400 +11.0% $217 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/07/2020 06/07/20 For Sale $239,900 -- $195 / 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
2023 $2,193 $368,010 $110,090 $257,920
2022 $1,750 $167,260 $50,230 $117,030
2021 $1,760 $167,260 $50,230 $117,030
2020 $1,753 $167,260 $50,230 $117,030
2019 $1,743 $167,260 $50,230 $117,030
2018 $1,354 $148,690 $50,230 $98,460
2017 $1,511 $148,690 $50,230 $98,460
2016 $1,496 $148,690 $50,230 $98,460
2015 $1,479 $148,690 $50,230 $98,460
2013 $1,356 $148,690 $50,230 $98,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1586745

Maine Listings

APN: WLLS-000067-000000-000008