NOT LISTED FOR SALE

325 Island Beach Rd Wells, ME 04090

Estimated Value: $1,047,000 - $4,783,584

4 Beds
3.5 Baths
2,872 Sq Ft
$1,015/Sq Ft Est. Value

Last Sold January 30, 2017

Last sale price $1,850,000 $644 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $18,557/month

20 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 125 Feet of Waterfront
  • Family Room with Fireplace
  • Wells Junior High School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of January 2017

Exceptional seaside residence located directly on the pristine shores of Drakes Island Beach which offers its residents a unique opportunity to be a part of a quintessential seaside community with its Community House, summer activities and tennis club. This expansive 4 bedroom, 3.5 bath year round home offers 125 feet of sandy beach frontage and sweeping ocean views from nearly every room. Enjoy the sea breezes from the waterside deck, outside shower and bluestone patio that overlooks your own sandy beach.

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 11/28/2016

Last Buyer's Agent

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 11/28/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,730

Year Built

  • Built in 1965

Lot Details

  • 0.37 Acre Lot
  • 125 Feet of Waterfront
  • Ocean Front
  • Landscaped
  • Level Lot
  • Open Lot
  • Irrigation
  • Property is zoned RD

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vertical Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Skylights
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Water Views

Kitchen

  • Gas Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Shower Only

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Balcony
  • Deck
  • Patio

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number WLLS-000142-000000-000074

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,730

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Directions: Rte 1 Wells heading north take right on Drakes Island Road...follow to end...take left on Island Beach to end....house is 2nd to last house on ocean.
  • Above Grade Finished Sq Ft: 1436.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1965
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.37
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1436.0
  • Property Information:SqFt Finished Below Grade: 1436.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Floors:Laminate: Yes
  • Style:Ranch: Yes
  • Heat System:Multi-Zones: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Recreational Water:Oceanfront: Yes
  • Kitchen Amenities:Skylight20: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Water Info:Waterfront Amount -: 125.0
  • Water Info:Water Frontage Owned -: 125.0
  • Recreational Water:Deeded: Yes
  • Equipment:Internet Access Available: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Vehicle Storage:Storage Above: Yes
  • Basement:Sump Pump: Yes
  • Vehicle Storage:Heated: Yes
  • Recreational Water:Beach Rights: Yes
  • Exterior:Vertical Siding: Yes
  • Family Room Amenities:Wood Burning Fireplace10: Yes
  • Amenities:Irrigation System: Yes
  • Bedroom 1 Amenities:BalconyDeck: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: Finished, Full, Sump Pump, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1436.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Basement
  • Bedroom 3 Level: Basement
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Irrigation System
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Vertical Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 11 - 20 Spaces, Paved, Garage Door Opener, Inside Entrance, Heated Garage, Storage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16117.2
  • Parcel #: WLLS-000142-000000-000074
  • Zoning: RD

Tax Info

  • Tax Annual Amount: 15730.0
  • Tax Book Number: 8123
  • Tax Lot: 74
  • Tax Map Number: 142
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2016
Closed on
Jan 31, 2017
Sold by
Camille K Holdsworth Ret
Bought by
Marcou Brenda L and Marcou Derek R
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
List Price
$2,300,000
Sold Price
$1,850,000
Premium/Discount to List
-$450,000
-19.57%
Current Estimated Value
$2,915,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,065,292
Avg. Annual Appreciation
5.38%
Source: Public Records

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 Buyer Sale Price Title Company
Marcou Brenda L -- --
Marcou Brenda L -- --
Marcou Brenda L -- --
Marcou Brenda L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2017 01/30/17 Sold $1,850,000 -19.6% $644 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $2,300,000 -- $801 / 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 $37,214 $6,120,690 $3,377,050 $2,743,640
2023 $36,479 $6,120,690 $3,377,050 $2,743,640
2022 $34,332 $3,282,190 $1,389,960 $1,892,230
2021 $34,476 $3,277,190 $1,389,960 $1,887,230
2020 $33,358 $3,182,970 $1,389,960 $1,793,010
2019 $31,200 $2,994,270 $1,389,960 $1,604,310
2018 $15,572 $1,508,940 $1,389,960 $118,980
2017 $14,122 $1,389,960 $1,389,960 $0
2016 $15,730 $1,563,650 $1,389,960 $173,690
2015 $15,558 $1,563,650 $1,389,960 $173,690
2013 $14,260 $1,563,650 $1,389,960 $173,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1288740

Maine Listings

APN: WLLS-000142-000000-000074