NOT LISTED FOR SALE

342 Eldridge Rd Wells, ME 04090

Estimated Value: $910,000 - $1,008,000

3 Beds
3 Baths
1,288 Sq Ft
$741/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $600,000 $466 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,451/month

4 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Deck
  • Wells Junior High School Rated A-
  • Public Beach
  • Ranch Style House

About This Home

As of January 2021

Location, Location!! Don't miss out on this Superb 3 Bedroom Year-Round Open Floor Plan Beach House that features Master Bedroom with Full Bath, Central Air, Full House Generator, Heated Garage, 2 RV Hookups , all on a Beautiful ¼ acre Private lot Bordering the Rachel Carson Wildlife Refuge With Distant Ocean Views. Large Upper Deck Overlooking the Large Grassy Private Yard and Salt Water Marsh Beyond with all the Wildlife You Could Ever Hope to see. All this and you are Only 350 Yds. From the Crashing Surf of the Atlantic Ocean and a 10 Minute Walk From the Sandy Beach. This Home is Close to Everything the Wells, Ogunquit Area has to Offer from Spectacular Beaches to World Class Dining and Only Minutes from Perkins Cove and all the Ogunquit Shops. Wonderful Year Round or Summer get away with Great Rental Potential. This Location and Home has it all.

Last Agent to Sell the Property

Steve Weigel

Coldwell Banker Y-Gull & Associates Listed on: 11/18/2020

Coldwell Banker Y-Gull & Associates

Last Buyer's Agent

Jason Vennard

The Ramsdell Agency

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $4,869

Year Built

  • Built in 1997

Lot Details

  • 10,454 Sq Ft Lot
  • Home fronts a stream
  • Ocean Front
  • Public Beach
  • Near Conservation Area
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 2 Car Direct Access Garage
  • Tandem Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,288 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room

Kitchen

  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Beach Access
  • Nearby Water Access
  • Deck
  • Outbuilding

Location

  • Property is near a golf course

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Power Generator
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number WLLS-000116-000000-000035

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$4,869

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Water Body Name: Wells Marsh/ Atlantic
  • MLS Status: Closed
  • Directions: Rt 1 North from Ogunquit go through 1st light turn Right on Eldridge before the 2nd light/ Property is on the Left just before the Ocean2
  • Above Grade Finished Sq Ft: 1288.0
  • Architectural Style: Multi-Level, Ranch
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 1997
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1288.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: 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
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Room Features:Island2: Yes
  • Style:Ranch: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Equipment:Internet Access Available: Yes
  • Appliances Included:Gas Range: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Construction:Modular: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Equipment:Generator: Yes
  • Electric:Generator Hookup: Yes
  • Location:Abuts Conservation: Yes
  • Recreational Water:Beach Rights: Yes
  • Vehicle Storage:Tandem: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Full, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: One-Floor Living, Other, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Abuts Conservation, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • View: Scenic
  • Waterfront Features: Brook, Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Modular
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance, Tandem

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, 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: 10454.4
  • Parcel #: WLLS-000116-000000-000035
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 4869.0
  • Tax Book Number: 17359
  • Tax Lot: 35
  • Tax Map Number: 116
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 15, 2021
Sold by
Dowler Richard J
Bought by
Melkonian David A and Silva Jennifer M
Seller's Agent
Steve Weigel
Coldwell Banker Y-Gull & Associates
Buyer's Agent
Jason Vennard
The Ramsdell Agency
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$954,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,827
Avg. Annual Appreciation
10.23%
Original Mortgage
$480,000
Outstanding Balance
$428,402
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$526,425

Purchase Details

Listed on
Mar 14, 2016
Closed on
Nov 8, 2016
Sold by
Wentworth Jonathan D and Wentworth Catherine A
Bought by
Dowler Lyn J and Dowler Richard J
Seller's Agent
Deborah Bozworth
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Karen Hebb Alan Hebb
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$459,000
Sold Price
$445,000
Premium/Discount to List
-$14,000
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$150,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2014
Sold by
Dwight P P and Dwight M J
Bought by
Wentworth Jonathan D and Wentworth Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
4.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Melkonian David A -- None Available
Melkonian David A -- None Available
Dowler Lyn J -- --
Dowler Lyn J -- --
Wentworth Jonathan D -- --
Wentworth Jonathan D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melkonian David A $480,000
Closed Melkonian David A $480,000
Previous Owner Dowler Lyn J $150,000
Previous Owner Wentworth Jonathan D $332,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $600,000 -4.0% $466 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $625,000 +40.4% $485 / Sq Ft
11/07/2016 11/07/16 Sold $445,000 -3.1% $345 / Sq Ft View Prior Sale
08/23/2016 08/23/16 Pending -- -- --
03/13/2016 03/13/16 For Sale $459,000 -- $356 / 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 $4,843 $796,540 $547,560 $248,980
2023 $4,753 $797,510 $547,560 $249,950
2022 $4,887 $467,230 $320,760 $146,470
2021 $4,915 $467,230 $320,760 $146,470
2020 $4,897 $467,230 $320,760 $146,470
2019 $4,869 $467,230 $320,760 $146,470
2018 $4,580 $467,230 $320,760 $146,470
2017 $4,747 $467,230 $320,760 $146,470
2016 $4,700 $467,230 $320,760 $146,470
2015 $4,606 $462,900 $320,760 $142,140
2013 $4,222 $462,900 $320,760 $142,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1476401

Maine Listings

APN: WLLS-000116-000000-000035