NOT LISTED FOR SALE

378 Sanford Rd Wells, ME 04090

Estimated Value: $503,000 - $734,000

5 Beds
3.5 Baths
1,976 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $465,000 $235 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,383/month

21 Days on Market

Highlights

  • Public Beach
  • Scenic Views
  • Contemporary Architecture
  • Wells Elementary School Rated A-
  • Deck
  • Property is near public transit

About This Home

As of July 2023

Here is your amazing opportunity to own in Wells!! This home with a in-law apartment is perfect for rental income. The home features a 4 bedrooms, 2.5 bathrooms on .74 acres with easy access to downtown Wells, a quick drive to the beach, and the highway! This property is perfect for an investment in such a highly sought after area and is already rented! The main home is currently rented for $2600 a month and the apartment was rented for $1100 a month and it now vacant! The home also has solar panels, your electricity bill is only $13 a month!! Don't wait to come and see this property today!!

Last Agent to Sell the Property

Adam Hedio

Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 05/17/2023

Coldwell Banker Realty

Last Buyer's Agent

Stephanie Tremblay

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,682

Year Built

  • Built in 1953

Lot Details

  • 0.74 Acre Lot
  • Public Beach
  • Open Lot
  • Wooded Lot
  • Property is zoned RC

Parking

  • 1 Car Attached Garage
  • Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,976 Sq Ft Home
  • Family Room
  • Dining Room
  • Den
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Shower Only

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Unfinished Basement

  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Deck
  • Shed
  • Porch

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Energy Storage Device
  • Generator Hookup
  • Water Heated On Demand

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number WLLS-000133-000000-000036

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,682

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.74
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Interstate 95 to Wells Exit #19, Route 109 (Sanford Road) West. Home is a short distance up on right before Cumberland farms and the Chapel Road Traffic Light.
  • Above Grade Finished Sq Ft: 1976.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1953
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 245.45
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.74
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1976.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Appliances Included:Cooktop: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:K-1Kerosene: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Electric:Generator Hookup: Yes
  • Amenities:In-Law Apartment: Yes
  • Den:Den: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Electric:Energy Storage Device: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Cooktop
  • Has Basement: Sump Pump, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, In-Law Floorplan, Shower, Storage, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open Lot, Wooded, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Generator Hookup, Energy Storage Device, Combination, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 32234.4
  • Parcel #: WLLS-000133-000000-000036
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 2682.0
  • Tax Lot: 36
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jul 20, 2023
Sold by
Stair Ryan M
Bought by
Mccann Seth A
Seller's Agent
Adam Hedio
Coldwell Banker Realty
Buyer's Agent
Stephanie Tremblay
Coldwell Banker Realty
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%
Current Estimated Value
$605,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,336
Avg. Annual Appreciation
11.80%
Original Mortgage
$372,000
Outstanding Balance
$361,868
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,409

Purchase Details

Listed on
Jan 11, 2016
Closed on
Sep 7, 2016
Sold by
Cosneau Philippe J
Bought by
Stair Ryan M
Seller's Agent
Jason Vennard
Anchor Real Estate
Buyer's Agent
Elias Thomas
Exit Key Real Estate
List Price
$274,900
Sold Price
$263,000
Premium/Discount to List
-$11,900
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$268,654
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2009
Sold by
Us Bank Na Tr
Bought by
Cosneau Phillippe J

Purchase Details

Closed on
Oct 13, 2009
Sold by
Libby Richard J and Lasalle Bank Na Tr
Bought by
Us Bank Na Tr
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
Mccann Seth A $465,000 None Available
Mccann Seth A $465,000 None Available
Mccann Seth A $465,000 None Available
Stair Ryan M -- --
Stair Ryan M -- --
Stair Ryan M -- --
Cosneau Phillippe J $120,000 --
Cosneau Phillippe J $120,000 --
Us Bank Na Tr -- --
Us Bank Na Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccann Seth A $372,000
Closed Mccann Seth A $372,000
Previous Owner Stair Ryan M $268,654
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2023 07/20/23 Sold $465,000 -4.1% $235 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $485,000 +84.4% $245 / Sq Ft
09/02/2016 09/02/16 Sold $263,000 -4.3% $120 / Sq Ft View Prior Sale
07/08/2016 07/08/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $274,900 -- $126 / 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 $2,988 $491,450 $103,760 $387,690
2023 $3,208 $538,270 $103,760 $434,510
2022 $2,682 $256,430 $47,010 $209,420
2021 $2,698 $256,430 $47,010 $209,420
2020 $2,449 $256,560 $47,010 $209,550
2019 $2,673 $256,560 $47,010 $209,550
2018 $2,449 $256,560 $47,010 $209,550
2017 $2,564 $252,360 $47,010 $205,350
2016 $2,539 $252,360 $47,010 $205,350
2015 $2,511 $252,360 $47,010 $205,350
2013 $2,302 $252,360 $47,010 $205,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1559121

Maine Listings

APN: WLLS-000133-000000-000036