A
Seller's Agent in 2022
Amanda Berticelli
EXP Realty
(207) 747-9469
3 in this area
39 Total Sales
Estimated Value: $248,000 - $292,000
1
Bed
1
Bath
555
Sq Ft
$256/mo
HOA Fee
Highlights
- Nearby Water Access
- Public Beach
- Post and Beam
- Wells Junior High School Rated A-
- Scenic Views
- 4-minute walk to Wells National Estuarine Research Reserve
About This Home
As of April 2022Just a few steps from the Atlantic Ocean and Wells Beach, welcome to East Winds Condominiums. This charming, oceanside condominium association offers the perfect units for your beach vacation stay. Just outside your door you will find public sidewalks to navigate yourself to anything you need. You're mere steps to the ocean and sandy beach, coffee shops, restaurants, retail shops and more. While you have everything you need on your block, route 1 amenities are just a short trip up Mile Road. Parking is included for one car, so don't worry about that!
This unit comes completely turn key with everything you see included in the purchase. The unit provides an open concept living room and kitchen with an eat-in island and brand-new appliances. The bedroom is complete with a queen size bed and large closet. The bathroom offers a full bathtub/shower stall. Outside your door you will find a shared balcony to enjoy your morning coffee with the sound of the waves crashing. Large sliding glass doors in the family room and bedroom allow for plenty of natural light to fill this perfect space.
This is a one-of-a-kind opportunity to own a care free property that allows you to enjoy all that one of southern Maine's best beach towns has to offer. The proximity to the ocean is unmatched to anything else on the market, and charm and ease of the unit will leave you completely fulfilled.
This property is subject to the Town of Wells ''28 Day Rule.'' More information on this rule can be found with the attached property documents. Rental income averages about $15,000 a year for the current owner but could be more. The property is primarily managed by the association, which also hires a property management company for rental bookings and maintenance. Owners are free to use their own vendors. The new owner should coordinate with the HOA to discuss options and contracts for services available.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,316
Year Built
- Built in 1986
Lot Details
- 436
HOA Fees
- $256 Monthly HOA Fees
Home Design
- Post and Beam
- Concrete Foundation
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 555 Sq Ft Home
- 1-Story Property
- Living Room
- Scenic Vista Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Bathtub
- Shower Only
Parking
- Carport
- Subterranean Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
Utilities
- Air Conditioning
- Multiple cooling system units
- Baseboard Heating
- Natural Gas Not Available
- Electric Water Heater
- Internet Available
- Cable TV Available
Additional Features
- Nearby Water Access
- Public Beach
- City Lot
Listing and Financial Details
- Tax Lot 094
- Assessor Parcel Number WLLS-000122-000094-000000-000017
Community Details
Overview
- 30 Units
Pet Policy
- No Dogs Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2022
Closed on
Apr 11, 2022
Sold by
Jackson Stephen
Bought by
Walline Megan J
Seller's Agent
Amanda Berticelli
EXP Realty
Buyer's Agent
Steve Weigel
Coldwell Banker Y-Gull & Associates
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,246
Avg. Annual Appreciation
6.69%
Original Mortgage
$172,000
Outstanding Balance
$160,938
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$109,308
Purchase Details
Closed on
Apr 16, 2021
Sold by
Ruggiero Angela
Bought by
Jackson Stephen
Purchase Details
Closed on
Jul 22, 2014
Sold by
Renaud Pierre and Grech Catherine
Bought by
Mcnutt Paul V and Comyns Sandi L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 2009
Sold by
Ryan Patrick M and Ryan Luanna T
Bought by
Renaud Pierre and Grech Catherine
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Walline Megan J | $215,000 | Misc Company | |
| Jackson Stephen | -- | None Available | |
| Jackson Stephen | -- | None Available | |
| Mcnutt Paul V | -- | -- | |
| Mcnutt Paul V | -- | -- | |
| Renaud Pierre | -- | -- | |
| Renaud Pierre | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Walline Megan J | $172,000 | |
| Closed | Walline Megan J | $172,000 | |
| Previous Owner | Mcnutt Paul V | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/11/2022 04/11/22 | Sold | $215,000 | 0.0% | $387 / Sq Ft |
| 04/08/2022 04/08/22 | Pending | -- | -- | -- |
| 02/25/2022 02/25/22 | For Sale | $215,000 | -- | $387 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $1,368 | $225,080 | $127,960 | $97,120 |
| 2023 | $1,341 | $225,080 | $127,960 | $97,120 |
| 2022 | $1,317 | $125,870 | $69,810 | $56,060 |
| 2021 | $1,316 | $125,060 | $69,810 | $55,250 |
| 2020 | $1,311 | $125,060 | $69,810 | $55,250 |
| 2019 | $1,303 | $125,060 | $69,810 | $55,250 |
| 2018 | $1,267 | $125,060 | $69,810 | $55,250 |
| 2017 | $1,271 | $125,060 | $69,810 | $55,250 |
| 2016 | $1,258 | $125,060 | $69,810 | $55,250 |
| 2015 | $1,244 | $125,060 | $69,810 | $55,250 |
| 2013 | $1,141 | $125,060 | $69,810 | $55,250 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Berticelli
-
Steve Weigel
Buyer's Agent in 2022
Steve Weigel
Coldwell Banker Y-Gull & Associates
(207) 251-1815
69 in this area
80 Total Sales
Map
Source: Maine Listings
MLS Number: 1520415
APN: WLLS-000122-000094-000000-000017
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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