NOT LISTED FOR SALE

371 Webhannet Dr Unit 1 Wells, ME 04090

Estimated Value: $665,248 - $670,000

2 Beds
1 Bath
800 Sq Ft
$300/mo HOA Fee

Last Sold November 07, 2019

Last sale price $260,000 $325 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $4,051/month

120 Days on Market

Highlights

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

About This Home

As of November 2019

Imagine waking up to stunning views over the ocean each day! Located across the street from Fisherman's Cove, this well-appointed condo features open layout, expansive views of ocean and a partially covered back deck overlooking the marsh area made for viewing captivating sunsets! 1st floor living and a very short stroll to Crescent Beach. Could easily be a potential lucrative income earner through rentals. Stainless appliances, granite countertops/island, laminate flooring throughout along with a large living room with views of the cove. If you are looking to own along the ocean but don't want to waste time doing routine maintenance, look no further. Just bring your family and bare essentials, kick back, watch the sailboats and frolicking seals; enjoying your restful time at the ocean. Recently filmed for an upcoming episode of HGTV BEACHFRONT BARGAINS!

Last Agent to Sell the Property

Kathleen Beaudoin

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 09/30/2019

Better Homes & Gardens Real Estate/The Masiello Group

Co-Listed By

Cynthia Brill

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Kathleen Beaudoin

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 09/30/2019

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1870

Lot Details

  • Ocean Front
  • Public Beach
  • Seasonal Access to Property
  • Open Lot

HOA Fees

  • $300 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 800 Sq Ft Home
  • Living Room
  • Laminate Flooring
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • 4 Units
  • Fisherman's Cove Association Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 047
  • Assessor Parcel Number WLLS-000116-000047-000000-000001

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,021

Year Built

Built in 1870

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • Co List Office Phone: 207-646-5131
  • MLS Status: Closed
  • Subdivision Name: Fisherman's Cove Association
  • Directions: Route 1 to Eldredge Road, take a left at the end of Eldredge and onto Webhannet. #371 is on the left directly across the street from the sea wall.
  • Above Grade Finished Sq Ft: 800.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1870
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 340.0
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.04
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 800.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 4
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • View:Scenic: Yes
  • Location:Near Railroad: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Partial, Walk-Out Access, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Corner Lot, Open Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Near Railroad
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.4
  • Parcel #: WLLS-000116-000047-000000-000001
  • Zoning: RB

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 3021.0
  • Tax Lot: 047
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Nov 1, 2019
Sold by
Finn Gerald E and Finn Brendan F
Bought by
Mayo Paul M and Mayo Jennifer J
Seller's Agent
Kathleen Beaudoin
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Kathleen Beaudoin
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$290,000
Sold Price
$260,000
Premium/Discount to List
-$30,000
-10.34%
Current Estimated Value
$667,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,562
Avg. Annual Appreciation
16.87%
Original Mortgage
$195,000
Outstanding Balance
$170,805
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$496,757
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mayo Paul M -- --
Mayo Paul M -- --
Finn Gerald E -- --
Finn Gerald E -- --
Mayo Paul M -- --
Finn Gerald E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayo Paul M $195,000
Closed Mayo Paul M $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2019 11/07/19 Sold $260,000 -10.3% $325 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
06/08/2019 06/08/19 For Sale $290,000 -- $363 / 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 $2,995 $492,680 $276,700 $215,980
2023 $2,936 $492,680 $276,700 $215,980
2022 $3,254 $311,050 $164,090 $146,960
2021 $3,272 $311,050 $164,090 $146,960
2020 $3,260 $311,050 $164,090 $146,960
2019 $3,241 $311,050 $164,090 $146,960
2018 $3,022 $292,810 $164,090 $128,720
2017 $2,975 $292,810 $164,090 $128,720
2016 $2,946 $292,810 $164,090 $128,720
2015 $2,913 $292,810 $164,090 $128,720
2013 $2,670 $292,810 $164,090 $128,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1418699

Maine Listings

APN: WLLS-000116-000047-000000-000001