$265,000
SOLD JUN 24, 2024

371 Mile Rd Unit 19 Wells, ME 04090

1 Bed
1 Bath
458 Sq Ft
$273/mo HOA Fee

Recently Sold

$579 Per Sq Ft

8 Days on Market

Highlights

  • Nearby Water Access
  • Scenic Views
  • Main Floor Bedroom
  • Wells Junior High School Rated A-
  • Post and Beam
  • 4-minute walk to Wells National Estuarine Research Reserve

About This Home

As of June 2024

Just 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 during your stay. 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. The unit provides an open concept living room and kitchen with an eat-in island. The bedroom is complete with a King-size bed and large closet. The bathroom offers a full combined bathtub/shower. 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 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 the 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 varies by season. 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, to use the company the association has has partnered with, or may self-mange and self-book. The new owner should coordinate with the HOA to discuss options and contracts for services available.

Last Agent to Sell the Property

Amanda Berticelli

EXP Realty Listed on: 05/16/2024

EXP Realty

Last Buyer's Agent

Johnna Brown

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1986

HOA Fees

  • $273 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Shared Driveway
  • Reserved Parking

Home Design

  • Post and Beam
  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 458 Sq Ft Home
  • Multi-Level Property
  • Furnished
  • Ceiling Fan
  • Family Room
  • Vinyl Flooring
  • Scenic Vista Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Nearby Water Access

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • 30 Units

Listing and Financial Details

  • Tax Lot 094
  • Assessor Parcel Number WLLS-000122-000094-000000-000019

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,292

Year Built

Built in 1986

Lot Details

0

HOA Fees

$273 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • MLS Status: Closed
  • Directions: Mile Road, on the right, one block from Wells Beach parking. Eastwinds Condominiums sign.
  • Above Grade Finished Sq Ft: 458.0
  • Architectural Style: Multi-Level, Other Style
  • Garage Yn: Yes
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 458.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 3277.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 30
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Gas:No Gas: Yes
  • Style:Multi-Level: Yes
  • Appliances Included:Cooktop: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • 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
  • Construction:Post Beam: Yes
  • Water Heater:Tank: Yes
  • Amenities:Furniture Included: Yes
  • Water Info:Island3: No
  • Cooling:AC Units: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher, Cooktop
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom
  • Kitchen Kitchen Level: First

Exterior Features

  • Lot Features: Near Shopping, Near Town
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Post & Beam
  • Foundation Details: Other, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Common

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3277.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Parcel #: WLLS-000122-000094-000000-000019
  • Zoning: BBD

Multi Family

  • Number Of Units In Community: 30

Tax Info

  • Tax Annual Amount: 1292.0
  • Tax Book Number: 14311
  • Tax Lot: 094
  • Tax Map Number: 0122
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 24, 2024
Sold by
Menard Kevin J
Bought by
Canestraro Luciana M
Seller's Agent
Amanda Berticelli
EXP Realty
Buyer's Agent
Johnna Brown
RE/MAX Realty One
List Price
$265,000
Sold Price
$265,000
Total Days on Market
8
Views
42
Current Estimated Value
$261,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,235
Avg. Annual Appreciation
-1.27%
Original Mortgage
$198,750
Outstanding Balance
$197,249
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$64,516
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $265,000 Misc Company
Warranty Deed $265,000 Misc Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,750 Purchase Money Mortgage
Closed $198,750 Purchase Money Mortgage
Previous Owner $112,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $78,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $265,000 0.0% $579 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $265,000 -- $579 / 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
2023 $1,292 $216,850 $127,960 $88,890
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 $1,291 $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

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Map

Source: Maine Listings

MLS Number: 1589937

Maine Listings

APN: WLLS-000122-000094-000000-000019