NOT LISTED FOR SALE

332 Ocean Ave Wells, ME 04090

Estimated Value: $1,692,000 - $2,099,762

4 Beds
3 Baths
2,381 Sq Ft
$807/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $1,810,000 $760 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,899/month

18 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Contemporary Architecture
  • Wells Junior High School Rated A-
  • Deck
  • Property is near public transit

About This Home

As of May 2023

Here's the opportunity to own this spacious well-maintained home less than 800ft from Public Way 2 across from Moody Beach. Enjoy the sound and view of the surf from one of the two decks located at the front of the home or enjoy your BBQ grill and dinner from the large back deck that faces the marsh. This four-bedroom, three full bath home provides ample room for you and your guest to enjoy all that the area has to offer.
Primary Suite features private balcony with Atlantic views along with a new bathroom completed in 2018 which features heated bathroom floor,, and a large window bench that allows for further enjoyment of the amazing view. Kitchen along with two remaining full baths were renovated in 2018, along with new flooring throughout. At the ground level you will find room for recreation, games, entertainment along with a kitchenette. A separate room provides storage for all the gear one could need for beach living and enjoyment along with direct entrance to outside and the outdoor shower, perfect for rinsing off the sand before coming in! A fenced yard with irrigation system complete the exterior. Moody Beach Association provides community events including July 4 Beach games, pasta nights, castle contest and more. With just a 5 minute bike ride to Ogunquit's North Beach there are endless ways to enjoy being a part of this neighborhood. Don't miss your chance to secure your place in coastal Maine to relax, make memories, or add to the investment portfolio. Showings begin April 15, Open House Sunday April 16 12pm-3pm
.

Last Agent to Sell the Property

Stephanie Tremblay

Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 04/15/2023

Coldwell Banker Realty

Last Buyer's Agent

Stephanie Tremblay

Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 04/15/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,870

Year Built

  • Built in 2007

Lot Details

  • 5,227 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Fenced
  • Corner Lot
  • Irrigation

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,381 Sq Ft Home
  • Multi-Level Property
  • Central Vacuum
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Dining Room
  • Bonus Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Bedroom Suite
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Programmable Thermostat
  • Tankless Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number WLLS-000109-000000-000124

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,870

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: 332 Ocean Ave is GPS friendly. Home is on the corner of Ocean Ave and Marsh St with driveway entrance located on Marsh St.
  • Above Grade Finished Sq Ft: 2381.0
  • Architectural Style: Contemporary, Multi-Level
  • Garage Yn: No
  • Efficiency: Programmable Thermostat, Double Pane Windows
  • Year Built: 2007
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 776.98
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2381.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Tankless: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Roof:Composition2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Bonus Room:Bonus Room: Yes
  • Recreational Water:Oceanfront: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Kitchen Countertop:Quartz: Yes
  • Amenities:Furniture Included: Yes
  • Basement:Sump Pump: Yes
  • Room Features:Built-Ins30: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Basement Entry:Exterior Only: Yes
  • Roof:Fiberglass: Yes
  • Equipment:Central Vacuum: Yes
  • Transportation:Rail Available: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Room Features:Gas Fireplace29: Yes
  • Family Room Amenities:Built-Ins10: Yes
  • Amenities:Irrigation System: Yes
  • Family Room Amenities:Gas Fireplace9: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Sump Pump, Interior Entry, Exterior Only
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood, Irrigation System
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Exterior Features: Animal Containment System
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Fiberglass, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Laundry Features: Upper Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: WLLS-000109-000000-000124
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 8870.0
  • Tax Lot: 124
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2023
Sold by
Okeefe Matthew T and Okeefe Jane E
Bought by
Okeefe Ft and Okeefe
Current Estimated Value
$1,920,941

Purchase Details

Listed on
Apr 15, 2023
Closed on
May 30, 2023
Sold by
Daniell Ft and Daniell
Bought by
Okeefe Matthew T and Okeefe Jane E
Seller's Agent
Stephanie Tremblay
Coldwell Banker Realty
Buyer's Agent
Stephanie Tremblay
Coldwell Banker Realty
List Price
$1,850,000
Sold Price
$1,810,000
Premium/Discount to List
-$40,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$726,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 4, 2016
Closed on
Mar 28, 2017
Sold by
Moody 332 Llc
Bought by
Daniell Brian E and Daniell Michelle R
Seller's Agent
Steve Weigel
Y-Gull & Associates
Buyer's Agent
Steve Weigel
Y-Gull & Associates
List Price
$915,000
Sold Price
$832,000
Premium/Discount to List
-$83,000
-9.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%
Original Mortgage
$432,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Okeefe Ft -- None Available
Okeefe Ft -- None Available
Okeefe Ft -- None Available
Okeefe Matthew T $1,800,000 None Available
Okeefe Matthew T $1,800,000 None Available
Okeefe Matthew T $1,800,000 None Available
Daniell Brian E -- --
Daniell Brian E -- --
Daniell Brian E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Okeefe Matthew T $726,000
Previous Owner Daniell Brian E $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2023 05/30/23 Sold $1,810,000 -2.2% $760 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/15/2023 04/15/23 For Sale $1,850,000 +122.4% $777 / Sq Ft
03/24/2017 03/24/17 Sold $832,000 -9.1% $312 / Sq Ft View Prior Sale
01/08/2017 01/08/17 Pending -- -- --
11/04/2016 11/04/16 For Sale $915,000 -- $343 / 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 $9,896 $1,627,600 $1,058,350 $569,250
2023 $9,700 $1,627,600 $1,058,350 $569,250
2022 $8,870 $847,960 $491,280 $356,680
2021 $8,921 $847,960 $491,280 $356,680
2020 $8,281 $790,190 $491,280 $298,910
2019 $8,231 $789,960 $491,280 $298,680
2018 $7,681 $784,740 $491,280 $293,460
2017 $7,861 $773,760 $491,280 $282,480
2016 $7,354 $731,060 $491,280 $239,780
2015 $7,263 $729,960 $491,280 $238,680
2013 $6,657 $729,960 $491,280 $238,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1555544

Maine Listings

APN: WLLS-000109-000000-000124