NOT LISTED FOR SALE

371 Mile Rd Unit 25 Wells, ME 04090

Estimated Value: $251,000 - $302,000

1 Bed
1 Bath
458 Sq Ft
$256/mo HOA Fee

Last Sold May 23, 2022

Last sale price $246,000 $537 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,848/month

1 Day on Market

Highlights

  • Ocean Front
  • Beach Access
  • Deck
  • Wells Junior High School Rated A-
  • Public Beach
  • 4-minute walk to Wells National Estuarine Research Reserve

About This Home

As of May 2022

This is the condo at the Beach you have been looking for/ East Winds is Only Steps from Sandy Wells Beach. This Custom Totally Renovated End Unit is One of Only Two with Vaulted Ceilings and Both Marsh and Peek a Boo Ocean Views. Featuring Hardwood and Tile Flooring Throughout, Kraftmaid Kitchen Cabinets, all New Appliances, Custom Shutters and an Electric Fireplace. Sit on Your Deck and take in the River and Marsh Views or Walk Across the Street to Sandy Wells Beach. You are Walking Distance to Shops and Restaurants and Everything the Beach has to offer. If you're Looking for an Investment This Unit was the Highest Grossing Rental (Pre-Pandemic) Don't Miss Out on This One!

Last Agent to Sell the Property

Steve Weigel

Y-Gull & Associates Listed on: 04/24/2022

Y-Gull & Associates

Last Buyer's Agent

Jill McTague

ReMax Andrew Realty Services

ReMax Andrew Realty Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1986

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Landscaped

HOA Fees

  • $256 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Rowhouse Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 458 Sq Ft Home
  • Multi-Level Property
  • Furnished
  • Cathedral Ceiling
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Carport
  • Subterranean Parking
  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Nearby Water Access
  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number WLLS-000122-000094-000000-000025

Community Details

Overview

  • 20 Units

Amenities

  • Community Storage Space

Pet Policy

  • No Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,407

Year Built

Built in 1986

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Directions: Rt 1 to Mile Road (Billy's Chowder House) Go Over the Bridge and East Winds is on the right
  • Above Grade Finished Sq Ft: 458.0
  • Architectural Style: Multi-Level, Row-End
  • Garage Yn: No
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 522.93
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 458.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 3074.0
  • Location Information:Fee Frequency Paid: Annually
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 20
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Water Heater:Tank: Yes
  • Amenities:Furniture Included: Yes
  • Washer/Dryer Other Location: Yes
  • Vehicle Storage:Carport: Yes
  • Cooling:AC Units: Yes
  • Vehicle Storage:Under: Yes
  • Recreational Water:Beach Rights: Yes
  • Bedroom 1 Amenities:Cathedral Ceiling7: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Style:Row-End: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Lot Features: Open Lot, Landscaped, Near Public Beach, Near Shopping, Other
  • View: Scenic
  • Waterfront Features: Harbor, Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common, On Site, Carport, Off Street, Underground

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: 3074.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Dogs Allowed, Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: WLLS-000122-000094-000000-000025
  • Zoning: BB

Multi Family

  • Number Of Units In Community: 20

Tax Info

  • Tax Annual Amount: 1407.0
  • Tax Lot: 94
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
May 23, 2022
Sold by
Walsh David P and Walsh Dianna M
Bought by
Mclellan Christopher and Mclellan Wendy A
Seller's Agent
Steve Weigel
Y-Gull & Associates
Buyer's Agent
Jill McTague
ReMax Andrew Realty Services
List Price
$239,500
Sold Price
$246,000
Premium/Discount to List
$6,500
2.71%
Current Estimated Value
$280,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,283
Avg. Annual Appreciation
3.78%

Purchase Details

Closed on
Mar 17, 2016
Sold by
Mary E Findley Ret and Findley
Bought by
Walsh David P and Walsh Dianna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2012
Sold by
Findley Michael K and Findley Mary E
Bought by
Mary E Findley Ret and Findley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mclellan Christopher $246,000 None Available
Mclellan Christopher $246,000 None Available
Mclellan Christopher $246,000 None Available
Walsh David P -- --
Walsh David P -- --
Mary E Findley Ret -- --
Mary E Findley Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walsh David P $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $246,000 +2.7% $537 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $239,500 -- $523 / 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 $1,462 $240,440 $143,960 $96,480
2023 $1,433 $240,440 $143,960 $96,480
2022 $1,408 $134,590 $78,530 $56,060
2021 $1,407 $133,780 $78,530 $55,250
2020 $1,402 $133,780 $78,530 $55,250
2019 $1,394 $133,780 $78,530 $55,250
2018 $1,356 $133,780 $78,530 $55,250
2017 $1,359 $133,780 $78,530 $55,250
2016 $1,346 $133,780 $78,530 $55,250
2015 $1,331 $133,780 $78,530 $55,250
2013 $1,220 $133,780 $78,530 $55,250
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1525724

Maine Listings

APN: WLLS-000122-000094-000000-000025