NOT LISTED FOR SALE

40 Birch Ln Wells, ME 04090

Estimated Value: $508,000 - $535,000

3 Beds
2 Baths
1,428 Sq Ft
$364/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $370,000 $259 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,958/month

4 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • View of Trees or Woods
  • Wells Elementary School Rated A-
  • Country Club
  • Cape Cod Architecture

About This Home

As of September 2021

Finally, an affordable opportunity to live in the Town of Wells! This home has been lovingly maintained by the same family since it was originally built in 1974. A cape-style home offering 3-4 bedroom/2 baths and 1428 sq. ft. of living space overall. The first floor features an eat-in kitchen/dining area, living room, 2 bedrooms and a full bath. The second floor was expanded in the late 90's to early 2000's and includes two additional bedrooms and full bathroom. It is believed that the home currently has a 3-bedroom septic system, but that should be confirmed by the buyer and/or their representatives. Many updates have occurred in recent years including some interior flooring, replacement windows, vinyl siding, shingles, seamless gutters, front and back doors, decking, railings, bulkhead and more! There is a large detached 3-car garage with an unfinished space above, in addition to a large shed which will need a little love. The home is nestled amongst mature hardwood trees and is privately situated on a spacious lot with just under an acre of land. The yard is expansive on all sides with plenty of room for entertaining, pets and play! Birch Lane is a cul-de-sac that is part of a fantastic neighborhood located adjacent to Ell Pond on the Wells/Sanford line. The property comes with deeded access to a private beach on the pond where you can enjoy the peace and tranquility that this area provides. This location is convenient to the communities of Wells, Sanford and North Berwick and is located about 15-20 minutes to the beaches, restaurants, schools and other area attractions. Open house is scheduled for Saturday, July 17th from 10:30 AM to 1:30 PM. Offers due by Sunday, July 18th at 5:00 PM with a response time of no later that Monday, July 19th at 5:00 PM.

Last Agent to Sell the Property

Jason Vennard

Anchor Real Estate Listed on: 07/14/2021

Last Buyer's Agent

Scott Defelice

Defelice Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1974

Lot Details

  • 0.91 Acre Lot
  • Public Beach
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned Rural

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

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

Interior Spaces

  • 1,428 Sq Ft Home
  • Living Room
  • Dining Room
  • Home Office
  • Views of Woods
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding

Location

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 015-4
  • Assessor Parcel Number WLLS-000036-000015-000000-000004

Community Details

Overview

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

Amenities

  • Community Storage Space

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,750

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.91
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From the 4-way intersection of Quarry Rd, Perry Oliver Rd and Horace Mills Rd, follow Horace Mills Rd to Ell Pond Rd on left. Follow Ell Pond Rd and turn left onto Birch Lane. 40 Birch Lane will be the 5th home on the left. Sign on property.
  • Above Grade Finished Sq Ft: 1428.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1974
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.91
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1428.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Floors:Laminate: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Vehicle Storage:Storage Above: Yes
  • Location:Near Country Club: Yes
  • Dining Room Amenities:Informal: Yes
  • Vehicle Storage:_three_ Car: Yes
  • Cooling:AC Units: Yes
  • Transportation:Rail Available: Yes
  • Living Room Amenities:Informal2: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer
  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Attic, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Storage

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 39639.6
  • Parcel #: WLLS-000036-000015-000000-000004
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 1750.0
  • Tax Book Number: 2064
  • Tax Lot: 015-4
  • Tax Map Number: 0036
  • Tax Year: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 17, 2021
Sold by
Hoyt Edward E Est and Cavanagh
Bought by
Lombardi Jamie
Seller's Agent
Jason Vennard
Anchor Real Estate
Buyer's Agent
Scott Defelice
Defelice Realty
List Price
$349,900
Sold Price
$370,000
Premium/Discount to List
$20,100
5.74%
Current Estimated Value
$519,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,300
Avg. Annual Appreciation
8.64%
Original Mortgage
$314,500
Outstanding Balance
$285,744
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$233,556
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
Lombardi Jamie -- None Available
Lombardi Jamie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lombardi Jamie $314,500
Closed Lombardi Jamie $314,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $370,000 +5.7% $259 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $349,900 -- $245 / 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 $2,556 $420,370 $121,600 $298,770
2023 $2,505 $420,370 $121,600 $298,770
2022 $2,118 $202,440 $55,200 $147,240
2021 $2,130 $202,440 $55,200 $147,240
2020 $2,001 $190,940 $55,200 $135,740
2019 $1,990 $190,940 $55,200 $135,740
2018 $882 $190,940 $55,200 $135,740
2017 $1,940 $190,940 $55,200 $135,740
2016 $1,921 $190,940 $55,200 $135,740
2015 $1,900 $190,940 $55,200 $135,740
2013 $1,741 $190,940 $55,200 $135,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1500551

Maine Listings

APN: WLLS-000036-000015-000000-000004