$318,600
SOLD JUN 22, 2018

404 Ocean Ave Unit 7 Wells, ME 04090

3 Beds
1 Bath
960 Sq Ft
$392/mo HOA Fee

Recently Sold

$332 Per Sq Ft

9% Below List Price

43 Days on Market

Highlights

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

About This Home

As of June 2018

Have you been looking for a condo near the beach? Well look no further! It is nearly impossible to get any closer than this complex. This is a rare opportunity to own an affordable property at Moody Beach just across from Public Way #2. See, hear and smell the ocean from your expansive covered deck overlooking Ocean Avenue. Walk across the street to enjoy a stretch of sand and surf that extends all the way to Ogunquit! This 3 bedroom, 1 bath second floor unit offers almost 1000 sqft and is situated in a small seasonal association of only 6 other units. The association is pet-friendly for owners and this property comes with 3 very valuable parking spaces. Whether you are looking for a 3-season escape, investment property or second home, come see what makes Moody Beach a very special place.

Last Agent to Sell the Property

Jason Vennard

Anchor Real Estate Listed on: 04/12/2018

Last Buyer's Agent

Jason Vennard

The Ramsdell Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,644

Year Built

  • Built in 1960

Lot Details

  • Ocean Front
  • Public Beach
  • Seasonal Access to Property
  • Landscaped
  • Open Lot

HOA Fees

  • $392 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • 960 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 131-7
  • Assessor Parcel Number WLLS-000109-000131-000000-000007

Community Details

Overview

  • 3 Units
  • Soft Sands Resort Condominiums Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,644

Year Built

Built in 1960

Lot Details

0

HOA Fees

$392 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: Soft Sands Resort Condominiums
  • Directions: I-95 to Wells Exit #19, Route 109 East to Route 1, Route 1 South to Eldridge Rd. on left, Eldridge Rd. to Ocean Ave on right. Follow Ocean Ave for just over a mile to 404 Ocean Ave on right. Unit 7 is the entire second floor of the middle building.
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Multi-Level, Other Style
  • Garage Yn: No
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 960.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 1176.0
  • Location Information:Fee Frequency Paid: Quarterly
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 3
  • Water Heater:Electric2: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Condominium:Total Units4: 7
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Dirt Floor, Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Public Transit
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1176.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: WLLS-000109-000131-000000-000007
  • Zoning: RB

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 2644.0
  • Tax Book Number: 9562
  • Tax Lot: 131-7
  • Tax Map Number: 109
  • Tax Year: 17

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 Price Changed $799,000 -4.3% $805 / Sq Ft
07/17/2025 07/17/25 Price Changed $835,000 -2.3% $842 / Sq Ft
07/02/2025 07/02/25 For Sale $855,000 +168.4% $862 / Sq Ft
06/22/2018 06/22/18 Sold $318,600 -8.9% $332 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $349,900 -- $364 / 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
2023 $3,154 $529,150 $407,630 $121,520
2022 $2,818 $269,360 $185,190 $84,170
2021 $2,834 $269,360 $185,190 $84,170
2020 $2,727 $260,240 $185,190 $75,050
2019 $2,712 $260,240 $185,190 $75,050
2018 $2,638 $260,240 $185,190 $75,050
2017 $2,644 $260,240 $185,190 $75,050
2016 $2,618 $260,240 $185,190 $75,050
2015 $2,589 $260,240 $185,190 $75,050
2013 $2,373 $260,240 $185,190 $75,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1344935

Maine Listings

APN: WLLS-000109-000131-000000-000007