NOT LISTED FOR SALE

35 Rest View Ln Wells, ME 04090

Estimated Value: $616,000 - $828,000

4 Beds
2.5 Baths
2,000 Sq Ft
$343/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $334,000 $167 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,920/month

31 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Deck
  • Wells Junior High School Rated A-
  • Colonial Architecture
  • Property is near public transit

About This Home

As of November 2018

What a great location! This duplex is tucked behind Mike's Clam Shack, just a few steps from Congdon's After Dark, the area's newest foodie destination, and just around the corner from Mile Road. Walk to shops, restaurants, Wells Beach or take the trolley. Two well maintained units, each with separate utilities, their own basement and deck. Unit B was built in 2004, with two bedrooms plus an office, and ready for your immediate use or rental. Unit A was built in 1973, remodeled in 2004. It has two bedrooms and is currently occupied with a long term tenant on a month to month lease. This property makes an affordable primary or vacation residence, or a solid investment. Come check out this hot little neighborhood close to Wells Beach. Interior photos coming soon!

Last Agent to Sell the Property

Margaret Mitchell

Coldwell Banker Yorke Realty Listed on: 08/23/2018

Coldwell Banker Yorke Realty

Co-Listed By

Brandie Woodward

Coldwell Banker Yorke Realty

Last Buyer's Agent

Diane Wyman

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,635

Year Built

  • Built in 1973

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Open Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 028
  • Assessor Parcel Number WLLS-000123-000000-000028

Community Details

Overview

  • 2 Units
  • Rest View Lane Association Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,635

Year Built

Built in 1973

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Frontage Type: Private
  • Road Surface Type: Gravel, Paved
  • Co List Office Mls Id: 1274
  • Co List Office Phone: 207-363-4300
  • MLS Status: Closed
  • Subdivision Name: Rest View Lane Association
  • Directions: From the intersection of Rt. 1 and Mile Rd, go north 1/4 mile to Rest View Lane after Congdon's and just before Mike's Clam Shack. Follow Rest View Lane past restaurant and it is the first house on the right. Look for sign.
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Duplex, Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1973
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2000.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Style:Colonial: Yes
  • Roof:Pitched: Yes
  • Style:Duplex: Yes
  • Recreational Water:Nearby: Yes
  • Roads:GravelDirt: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Intown, Near Public Beach, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Composition, Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

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 Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: WLLS-000123-000000-000028
  • Zoning: GB

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2635.0
  • Tax Book Number: 13208
  • Tax Lot: 028
  • Tax Map Number: 0123
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Nov 16, 2018
Sold by
Congro Llc
Bought by
Willow Hill Llc
Seller's Agent
Margaret Mitchell
Coldwell Banker Yorke Realty
Buyer's Agent
Diane Wyman
Century 21 North East
List Price
$339,000
Sold Price
$334,000
Premium/Discount to List
-$5,000
-1.47%
Current Estimated Value
$685,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,048
Avg. Annual Appreciation
10.97%
Original Mortgage
$267,200
Interest Rate
4.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Willow Hill Llc -- --
Willow Hill Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Willow Hill Llc $267,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $334,000 -1.5% $167 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $339,000 -- $170 / 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 $3,257 $535,720 $199,700 $336,020
2023 $3,193 $535,720 $199,700 $336,020
2022 $2,704 $258,490 $76,600 $181,890
2021 $2,719 $258,490 $76,600 $181,890
2020 $2,709 $258,490 $76,600 $181,890
2019 $2,693 $258,490 $76,600 $181,890
2018 $2,629 $259,350 $76,600 $182,750
2017 $2,635 $259,350 $76,600 $182,750
2016 $2,609 $259,350 $76,600 $182,750
2015 $2,581 $259,350 $76,600 $182,750
2013 $2,249 $246,550 $63,800 $182,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1365349

Maine Listings

APN: WLLS-000123-000000-000028