NOT LISTED FOR SALE

372 Drakes Island Rd Wells, ME 04090

Estimated Value: $1,121,000 - $1,403,000

3 Beds
1.5 Baths
1,536 Sq Ft
$805/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $592,750 $386 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $7,189/month

2 Days on Market

Highlights

  • Public Beach
  • Cape Cod Architecture
  • 1 Fireplace
  • Wells Junior High School Rated A-
  • Deck
  • Mud Room

About This Home

As of June 2017

Immaculate Sea Side Cottage 3 bedrooms and 1 3/4 Baths - the property has been lovingly upgraded & maintained. It's within walking distance to the beach and the property abuts the Rachel Carson Preserve. Sit on the glassed in front porch with your cup of coffee. The home has such character: wood floors, some wood walls, some white wood ceilings, and gas fireplace.The rear deck that overlooks the woods and the Marsh Preserve. Attached 2 car garage with storage space above. Full basement for lots of storage.

Last Agent to Sell the Property

Deborah Lynch

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 05/04/2017

Last Buyer's Agent

Marjorie Rogers

Bean Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,328

Year Built

  • Built in 1931

Lot Details

  • 10,019 Sq Ft Lot
  • Public Beach
  • Near Conservation Area
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,536 Sq Ft Home
  • 1 Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Sump Pump

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Patio
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number WLLS-000141-000000-000071

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,328

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • MLS Status: Closed
  • Directions: At the intersections of Route 1 and Route 9 - travel on Route 1 North to Drakes Island Road, property is approximately 1.1 miles on the LEFT - sign on Property.
  • Above Grade Finished Sq Ft: 1536.0
  • Architectural Style: Cape, Bungalow
  • Year Built: 1931
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1536.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Heat Fuel:Electric: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Style:Bungalow: Yes
  • Gas:No Gas: Yes
  • Mud Room:Mud Room: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Equipment:Internet Access Available: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Basement:Sump Pump: Yes
  • Location:Abuts Conservation: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Electric Range, Dryer, Dishwasher
  • Has Basement: Sump Pump, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Abuts Conservation, Near Public Beach, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Glass Enclosed, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: 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: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: WLLS-000141-000000-000071
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 5328.0
  • Tax Book Number: 15272
  • Tax Lot: 71
  • Tax Map Number: 141
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
Jul 6, 2017
Sold by
Lynch Anne P
Bought by
Selinka Thomas and Selinka Diane M
Seller's Agent
Deborah Lynch
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Marjorie Rogers
Bean Group
List Price
$595,000
Sold Price
$592,750
Premium/Discount to List
-$2,250
-0.38%
Current Estimated Value
$1,236,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,198
Avg. Annual Appreciation
9.30%
Original Mortgage
$442,750
Outstanding Balance
$368,456
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$868,492

Purchase Details

Listed on
May 4, 2017
Closed on
May 31, 2017
Sold by
372 Drakes Island Rd Nt and Lynch
Bought by
Lynch Anne P
Seller's Agent
Deborah Lynch
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Marjorie Rogers
Bean Group
List Price
$595,000
Sold Price
$592,750
Premium/Discount to List
-$2,250
-0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,750
Outstanding Balance
$368,456
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$868,492

Purchase Details

Closed on
Oct 4, 2007
Sold by
Lynch Anne P
Bought by
372 Drakes Island Road Nt and Lynch
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
Selinka Thomas -- --
Selinka Thomas -- --
Lynch Anne P -- --
Lynch Anne P -- --
372 Drakes Island Road Nt -- --
372 Drakes Island Road Nt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selinka Thomas $442,750
Closed Selinka Thomas $442,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $592,750 -0.4% $386 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $595,000 -- $387 / 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 $7,263 $1,194,570 $811,980 $382,590
2023 $7,120 $1,194,570 $811,980 $382,590
2022 $6,135 $586,550 $371,830 $214,720
2021 $5,836 $554,780 $371,830 $182,950
2020 $5,814 $554,780 $371,830 $182,950
2019 $5,781 $554,780 $371,830 $182,950
2018 $5,674 $549,780 $371,830 $177,950
2017 $5,586 $549,780 $371,830 $177,950
2016 $5,328 $529,600 $371,830 $157,770
2015 $5,265 $529,140 $371,830 $157,310
2013 $4,005 $439,150 $281,840 $157,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1305073

Maine Listings

APN: WLLS-000141-000000-000071