NOT LISTED FOR SALE

377 Ocean Ave Wells, ME 04090

Estimated Value: $2,458,000 - $3,467,507

5 Beds
2.5 Baths
2,143 Sq Ft
$1,426/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $3,300,000 $1,540 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $17,664/month

1 Day on Market

Highlights

  • Deeded Waterfront Access Rights
  • 50 Feet of Waterfront
  • Deck
  • Wells Junior High School Rated A-
  • Public Beach
  • Cathedral Ceiling

About This Home

As of October 2022

Outstanding Year Round 10 Room 2.5 Bath Classic Beachfront Home Located on PRIVATE Sandy Moody (Ogunquit) Beach/ Totally Updated and Expanded Over the Past Few Years/ All New Windows in 2020/ New Roof 2022/ New Heat Pump and AC Splits Bring this Classic Totally Up To Date/ Large Open Sun Filled Rooms Still with All the Original Natural Wood that Gives this Home all the Ambience You Would Expect in This Classic Maine Beach House/ All Glass Overlooking the Ocean and Beach With Views from Kennebunkport to York/ With 5 Bedrooms, More3 Bath, Stone Fireplace, Large Street Side Deck, Water Front Deck and Covered Gazebo this home has everything you could ask for and More/ Close to Restaurants, Shops and All the Wells Ogunquit Area has to Offer/ Showings will start on Monday 6/13/22

Last Agent to Sell the Property

Steve Weigel

Y-Gull & Associates Listed on: 06/09/2022

Y-Gull & Associates

Last Buyer's Agent

Cathy Bame

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,471

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned RB

Parking

  • 1 Car Garage
  • Carport
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • Multi-Level Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Access to Tidal Water
  • Deck
  • Porch

Location

  • Property is near a golf course

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 173
  • Assessor Parcel Number WLLS-000109-000000-000173

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,471

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Directions: Head North from Ogunquit on Route 1/ At the first set of lights turn right on Bourne Ave/ At the end of Bourne Ave turn left on Ocean Ave/ 377 is Beach Front on the right (see Sign)
  • Above Grade Finished Sq Ft: 1684.0
  • Architectural Style: Multi-Level, Shingle Style
  • Garage Yn: Yes
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 1775.53
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1684.0
  • Property Information:SqFt Finished Below Grade: 459.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Sunroom:Sunroom: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Amenities:Furniture Included: Yes
  • Location:Abuts Conservation: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Vehicle Storage:Carport: Yes
  • Style:Shingle Style: Yes
  • Recreational Water:Beach Rights: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Floors:Brick2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Dryer, Disposal, Dishwasher, Cooktop
  • Has Basement: Walk-Out Access, Daylight, Finished, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 459.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, Other, Shower, Storage
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Basement
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 5:Bedroom 5 Level: Basement

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Abuts Conservation, Near Golf Course, Near Public Beach, Near Shopping
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Carport

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, 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: 6098.4
  • Parcel #: WLLS-000109-000000-000173
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 16471.0
  • Tax Lot: 173
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Sep 29, 2022
Sold by
Vanloan Eugene M and Vanloan Veronica A
Bought by
Proof Prop Of Maine Llc
Seller's Agent
Steve Weigel
Y-Gull & Associates
Buyer's Agent
Cathy Bame
Coldwell Banker Realty
List Price
$2,990,000
Sold Price
$3,300,000
Premium/Discount to List
$310,000
10.37%
Current Estimated Value
$3,055,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$244,498
Avg. Annual Appreciation
-2.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Proof Prop Of Maine Llc $3,300,000 None Available
Proof Prop Of Maine Llc $3,300,000 None Available
Proof Prop Of Maine Llc $3,300,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2022 10/05/22 Sold $3,300,000 +10.4% $1,540 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $2,990,000 -- $1,395 / 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 $19,675 $3,236,070 $2,488,930 $747,140
2023 $17,874 $2,999,050 $2,488,930 $510,120
2022 $16,377 $1,565,710 $1,346,890 $218,820
2021 $16,471 $1,565,710 $1,346,890 $218,820
2020 $16,409 $1,565,710 $1,346,890 $218,820
2019 $16,315 $1,565,710 $1,346,890 $218,820
2018 $15,858 $1,564,700 $1,346,890 $217,810
2017 $15,897 $1,564,700 $1,346,890 $217,810
2016 $15,741 $1,564,700 $1,346,890 $217,810
2015 $15,569 $1,564,700 $1,346,890 $217,810
2013 $14,270 $1,564,700 $1,346,890 $217,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1531736

Maine Listings

APN: WLLS-000109-000000-000173