NOT LISTED FOR SALE

408 Atlantic Ave Wells, ME 04090

Estimated Value: $843,950 - $1,082,000

3 Beds
4 Baths
1,155 Sq Ft
$819/Sq Ft Est. Value

Last Sold December 11, 2019

Last sale price $660,000 $571 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,396/month

74 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Cape Cod Architecture
  • Wells Junior High School Rated A-
  • Public Beach
  • Deck

About This Home

As of December 2019

Welcome to beautiful Wells Beach. This cozy three bedroom cape style bungalow has an updated kitchen, 2 generously sized first floor bedrooms, first floor full bath, and front and rear porches. Upper level is adorned with exposed beams, wood floors, and opens to the roof top deck where you can smell the fresh ocean air and watch the waves crash. Catch the gorgeous sunsets and views of the Webhannet from your back porch. Need extra storage for surfboards, kayaks and beach toys? The walk out full basement is large, dry and offers another full bath to rinse off the sand! Conveniently located next to Public Way 13 for easy access to the beach, and a short walk to shops and Forbes restaurant. Come see this home, and make it your happy place!

Last Agent to Sell the Property

Amy Carr

Great Island Realty, LLC Listed on: 05/01/2019

Co-Listed By

Crystal Ducharme

Great Island Realty, LLC

Last Buyer's Agent

Bill Corrigall

Reali Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,562

Year Built

  • Built in 1948

Lot Details

  • 3,485 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Level Lot
  • Property is zoned RB

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Water Views
  • Walk-Out Basement
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Beach Access
  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number WLLS-000132-000000-000063

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,562

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Water Body Name: Atlantic Ocean
  • Co List Office Mls Id: 2668
  • Co List Office Phone: 603-234-9869
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1015.0
  • Architectural Style: Cape, Bungalow
  • Garage Yn: No
  • Year Built: 1948
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1015.0
  • Property Information:SqFt Finished Below Grade: 140.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Laundry - Hookup: Yes
  • Style:Bungalow: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Recreational Water:Beach Rights: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 140.0
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Level, Near Public Beach
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Other, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: WLLS-000132-000000-000063
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 4562.0
  • Tax Book Number: 15280
  • Tax Lot: 63
  • Tax Map Number: 132
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Aug 14, 2019
Sold by
Polselli Donna L
Bought by
Rainey Nancy and Rainey Matthew
Seller's Agent
Amy Turner Carr
Compass New England, LLC
Buyer's Agent
A non PrimeMLS member
A Non PrimeMLS Agency
List Price
$694,900
Sold Price
$660,000
Premium/Discount to List
-$34,900
-5.02%
Current Estimated Value
$946,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,488
Avg. Annual Appreciation
5.98%
Original Mortgage
$484,350
Outstanding Balance
$424,201
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$522,287

Purchase Details

Closed on
Oct 17, 2007
Sold by
Guertin Shirley G
Bought by
Polselli Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rainey Nancy -- --
Rainey Nancy -- --
Polselli Donna L -- --
Polselli Donna L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainey Nancy $484,350
Closed Rainey Nancy $484,350
Previous Owner Polselli Donna L $417,000
Previous Owner Polselli Donna L $417,000
Previous Owner Polselli Donna L $167,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2019 12/11/19 Sold $660,000 -5.0% $571 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $694,900 -- $602 / 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 $5,179 $851,750 $604,330 $247,420
2023 $5,076 $851,750 $604,330 $247,420
2022 $5,052 $483,000 $354,070 $128,930
2021 $5,081 $483,000 $354,070 $128,930
2020 $4,948 $472,100 $354,070 $118,030
2019 $4,750 $455,820 $354,070 $101,750
2018 $4,551 $449,040 $354,070 $94,970
2017 $4,562 $449,040 $354,070 $94,970
2016 $4,517 $449,040 $354,070 $94,970
2015 $4,468 $449,040 $354,070 $94,970
2013 $4,095 $449,040 $354,070 $94,970
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Amy Carr

    Great Island Realty, LLC

  • C

    Seller Co-Listing Agent in 2019

    Crystal Ducharme

    Great Island Realty, LLC

  • B

    Buyer's Agent in 2019

    Bill Corrigall

    Reali Realty, LLC

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Map

Source: Maine Listings

MLS Number: 1412209

Maine Listings

APN: WLLS-000132-000000-000063

Maine York County Wells 04090

408 Atlantic Ave, Wells, ME

This home is located at 408 Atlantic Ave, Wells, ME 04090 since 01 May 2019 and is currently estimated at $946,488, approximately $819 per square foot. This property was built in 1948. 408 Atlantic Ave is a home located in York County with nearby schools including Wells Junior High School, Wells Elementary School, and Wells High School.

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.

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