NOT LISTED FOR SALE

374 Ocean Ave Wells, ME 04090

Estimated Value: $927,000 - $1,514,000

6 Beds
2 Baths
2,261 Sq Ft
$536/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $737,500 $326 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,095/month

197 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Deck
  • Wells Junior High School Rated A-
  • Public Beach
  • Wood Flooring

About This Home

As of February 2018

Outstanding 3 Level 6 Bedroom Beach House Situated at the Middle of And Just Across From Sandy Moody (Ogunquit) Beach. Large Open Sunny Rooms. Wonderful Ocean & Beach Views From the Expansive Multi Level Decks. Large 2 Bedroom Full Kitchen Guest Suite or Legal Rental Unit On the 1st Floor. Hardwood & Tile Floors. Large Fenced in Back Yard That's Great For Kids and Pets/ Close to Everything the Beach and Ogunquit Has to Offer. Great Rental Income Property With 2 Legal Full Size Year Round Units. Ample Parking.

Last Agent to Sell the Property

Steve Weigel

Y-Gull & Associates Listed on: 05/30/2017

Y-Gull & Associates

Last Buyer's Agent

Jim Nadeau

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,651

Year Built

  • Built in 1982

Lot Details

  • 4,792 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Fenced
  • Level Lot
  • Open Lot
  • Property is zoned RB

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • 2,261 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed

Location

  • Property is near a golf course

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Power Generator
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number WLLS-000109-000000-000128

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,651

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Directions: Route 1 North From Ogunquit/ Turn Right at the First Set of Lights Onto Bourne Ave/ At the Beach Turn Left on Ocean Ave/ 374 Ocean is on the Left
  • Above Grade Finished Sq Ft: 2261.0
  • Architectural Style: Duplex, Multi-Level
  • Year Built: 1982
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 326.18
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2261.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: 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:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Amenities:Fence: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Kitchen Countertop:Granite: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Style:Duplex: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Equipment:Generator: Yes
  • Amenities:In-Law Apartment: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Interior Amenities: Bathtub, In-Law Floorplan
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: Second
  • Bedroom 5:Bedroom 5 Level: Upper
  • Bedroom 6:Bedroom 6 Level: Upper

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Near Golf Course, Near Public Beach
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: WLLS-000109-000000-000128
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 6651.0
  • Tax Lot: 128
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Feb 27, 2018
Sold by
Rowe Nancy J and Rowe William G
Bought by
Chadbourne David
Seller's Agent
Steve Weigel
Y-Gull & Associates
Buyer's Agent
Jim Nadeau
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$795,000
Sold Price
$737,500
Premium/Discount to List
-$57,500
-7.23%
Current Estimated Value
$1,212,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,022
Avg. Annual Appreciation
6.59%
Original Mortgage
$590,000
Outstanding Balance
$498,525
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$713,997
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
Chadbourne David -- --
Chadbourne David -- --
Chadbourne David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chadbourne David $590,000
Closed Chadbourne David $590,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2018 02/22/18 Sold $737,500 -7.2% $326 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $795,000 -- $352 / 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 $8,830 $1,452,280 $1,054,550 $397,730
2023 $8,656 $1,452,280 $1,054,550 $397,730
2022 $7,187 $687,140 $489,600 $197,540
2021 $7,229 $687,140 $489,600 $197,540
2020 $6,980 $666,070 $489,600 $176,470
2019 $6,940 $666,070 $489,600 $176,470
2018 $6,823 $661,150 $489,600 $171,550
2017 $6,717 $661,150 $489,600 $171,550
2016 $6,651 $661,150 $489,600 $171,550
2015 $6,578 $661,150 $489,600 $171,550
2013 $6,030 $661,150 $489,600 $171,550
Source: Public Records

Agents Affiliated with this Home

  • Steve Weigel

    Seller's Agent in 2018

    Steve Weigel

    Y-Gull & Associates

    (207) 251-1815

    69 in this area

    80 Total Sales

    Steve Weigel
    Section Image

  • J

    Buyer's Agent in 2018

    Jim Nadeau

    Better Homes & Gardens Real Estate/The Masiello Group

  • J

    Buyer's Agent in 2018

    James Nadeau

    LandVest, Inc.

See All Agents

Map

Source: Maine Listings

MLS Number: 1309577

Maine Listings

APN: WLLS-000109-000000-000128

Maine York County Wells 04090

374 Ocean Ave, Wells, ME

Not Listed for Sale

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.

Maine Listings 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.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes