NOT LISTED FOR SALE

322 Eldridge Rd Wells, ME 04090

Estimated Value: $914,442 - $998,000

3 Beds
2 Baths
1,565 Sq Ft
$607/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $705,000 $450 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,394/month

146 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Deck
  • Wells Junior High School Rated A-
  • Property Fronts a Bay or Harbor
  • Contemporary Architecture

About This Home

As of March 2023

New price will help buyers with up-grades to kitchen and baths. Location and views will never need up-grades!
Location, location, location and Views are Top-Notch! This Contemporary Saltbox sits on Rachel Carson Marsh with fantastic views. Short walk to Fisherman's Cove, Crescent Beach and the Wells Beach Lobster Pound where you can pick up your freshly steamed lobster and steamer clams on the way back from the beach.
Moody and Ogunquit Beaches are also closeby.
Open concept interior with cathedral ceilings and skylights. Home has electric baseboard heat as well as Toyotami Stove on first floor and Mini-split on 1st and 2nd floor which is also your AC in the summer along with ceiling fan. Deck with beautiful views off the first floor Living Room and also from second floor bedroom. All bedrooms have walk-in closets and 2nd floor laundry room with folding table.
One car garage and ample parking.

Last Agent to Sell the Property

Christopher Hopkins

EXIT Oceanside Realty Listed on: 10/17/2022

Last Buyer's Agent

Stephanie Tremblay

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,345

Year Built

  • Built in 1988

Lot Details

  • 6,534 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Level Lot
  • Property is zoned Residential B

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Saltbox Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,565 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Nearby Water Access
  • Balcony
  • Deck

Location

  • Property is near a golf course

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Kerosene
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Near Conservation Area

Listing and Financial Details

  • Tax Lot 159-023
  • Assessor Parcel Number WLLS-000115-000159-000000-000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,345

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Water Body Name: Salt Marsh
  • MLS Status: Closed
  • Directions: Rt One to Eldridge Road. Go past Ocean Avenue on the right and house will be on the left.
  • Above Grade Finished Sq Ft: 1565.0
  • Architectural Style: Contemporary, Saltbox
  • Garage Yn: Yes
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 507.99
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1565.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Property Information:Garage Spaces: 1.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Room Features:Walk-in Closet17: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Driveway:Gravel: Yes
  • Equipment:Cable: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Location:Abuts Conservation: Yes
  • Room Features:BalconyDeck17: Yes
  • Style:Saltbox: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Basement Entry:Exterior Only: Yes
  • Bedroom Amenities 2:Walk-in Closet2: Yes
  • Bedroom Amenities 2:Cathedral Ceiling8: Yes
  • Bedroom 1 Amenities:Walk-in Closet: Yes
  • Bedroom Amenities 3:Walk-in Closet3: Yes
  • Bedroom 1 Amenities:Cathedral Ceiling7: Yes
  • Bedroom 1 Amenities:BalconyDeck: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Crawl Space, Exterior Entry, Bulkhead, Exterior Only
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Shower
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Abuts Conservation, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood
  • View: Scenic
  • Waterfront Features: Bay
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, On Site

Utilities

  • Laundry Features: Upper Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Heat Pump, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: WLLS-000115-000159-000000-000023
  • Zoning: Residential B

Tax Info

  • Tax Annual Amount: 3345.0
  • Tax Lot: 159-023
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Mar 31, 2023
Sold by
Farnsworth Joint Ret and Farnsworth
Bought by
Monroe John L and Monroe Cheryl A
Seller's Agent
Christopher Hopkins
EXIT Oceanside Realty
Buyer's Agent
Stephanie Tremblay
Coldwell Banker Realty
List Price
$895,000
Sold Price
$705,000
Premium/Discount to List
-$190,000
-21.23%
Views
19
Current Estimated Value
$949,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,361
Avg. Annual Appreciation
11.93%
Original Mortgage
$528,750
Outstanding Balance
$512,130
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$437,231
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Monroe John L $705,000 None Available
Monroe John L $705,000 None Available
Monroe John L $705,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroe John L $528,750
Closed Monroe John L $528,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $705,000 -16.6% $450 / Sq Ft
11/02/2022 11/02/22 Price Changed $845,000 -5.6% $540 / Sq Ft
10/17/2022 10/17/22 For Sale $895,000 -- $572 / 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 $4,984 $819,750 $442,710 $377,040
2023 $4,236 $710,700 $385,560 $325,140
2022 $3,445 $329,310 $155,790 $173,520
2021 $3,345 $317,940 $155,790 $162,150
2020 $3,332 $317,940 $155,790 $162,150
2019 $3,313 $317,940 $155,790 $162,150
2018 $3,281 $317,940 $155,790 $162,150
2017 $3,230 $317,940 $155,790 $162,150
2016 $3,198 $317,940 $155,790 $162,150
2015 $3,164 $317,940 $155,790 $162,150
2013 $2,900 $317,940 $155,790 $162,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1546083

Maine Listings

APN: WLLS-000115-000159-000000-000023