NOT LISTED FOR SALE

411 Drakes Island Rd Wells, ME 04090

Estimated Value: $962,217 - $1,100,000

3 Beds
1 Bath
1,392 Sq Ft
$731/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $468,000 $336 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $5,877/month

132 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Property is near public transit
  • Wells Junior High School Rated A-
  • Cape Cod Architecture
  • Cathedral Ceiling

About This Home

As of June 2016

Terrific value at Drakes Island! Year-round Cape offering a first floor master with cathedral ceilings, living room with gas fireplace, sun porch & den or office. Just a three minute walk to one of the finest beaches in Southern Maine. Move-in condition property that is a perfect summer retreat. Great rental potential. Easy access to numerous shops, restaurants, galleries & recreation. Just 10 minutes to Kennebunkport & just a few miles to downtown Ogunquit. Drakes Island is a fabulous beach community!

Last Agent to Sell the Property

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 12/11/2015

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 12/11/2015

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,912

Year Built

  • Built in 1951

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot
  • Open Lot
  • Property is zoned RD

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,392 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Shed

Location

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 8
  • Assessor Parcel Number 411Drakes Island RoadWells1418

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,912

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 1 to Drakes Island Road
  • Above Grade Finished Sq Ft: 1392.0
  • Architectural Style: Cape
  • Year Built: 1951
  • Attribution Contact: 207-468-7335
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1392.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Rail Available: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Exterior:Block2: Yes
  • Primary Bedroom Amenities:Skylight4: Yes
  • Other Structures:Shed: Yes
  • Amenities:Home Warranty: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Bedroom 2 Level: Second
  • 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: Second

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Shopping, Neighborhood
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Block, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • 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: 3920.4
  • Parcel #: 411Drakes Island RoadWells1418
  • Zoning: RD

Tax Info

  • Tax Annual Amount: 3912.0
  • Tax Book Number: 8087
  • Tax Lot: 8
  • Tax Map Number: 141
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2015
Closed on
Jun 9, 2016
Sold by
Bacon Russell D and Bacon Judy L
Bought by
Hagel Ft and Hagel
Seller's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$489,000
Sold Price
$468,000
Premium/Discount to List
-$21,000
-4.29%
Current Estimated Value
$1,017,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,804
Avg. Annual Appreciation
8.68%
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
Hagel Ft -- --
Hagel Ft -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2022 11/05/22 Off Market $468,000 -- --
06/08/2016 06/08/16 Sold $468,000 -4.3% $336 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $489,000 -- $351 / 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 $5,525 $908,640 $646,320 $262,320
2023 $5,356 $898,640 $646,320 $252,320
2022 $4,533 $433,410 $296,040 $137,370
2021 $4,559 $433,410 $296,040 $137,370
2020 $4,542 $433,410 $296,040 $137,370
2019 $4,514 $433,180 $296,040 $137,140
2018 $4,067 $409,180 $296,040 $113,140
2017 $4,157 $409,180 $296,040 $113,140
2016 $4,116 $409,180 $296,040 $113,140
2015 $4,071 $409,180 $296,040 $113,140
2013 $3,078 $337,500 $224,360 $113,140
Source: Public Records

Agents Affiliated with this Home

  • Peter LaRochelle

    Seller's Agent in 2016

    Peter LaRochelle

    Better Homes & Gardens Real Estate/The Masiello Group

    (207) 468-7335

    61 in this area

    82 Total Sales

    Peter LaRochelle
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Map

Source: Maine Listings

MLS Number: 1246139

Maine Listings

APN: WLLS-000141-000000-000008

Maine York County Wells 04090

411 Drakes Island Rd, Wells, ME

This home is located at 411 Drakes Island Rd, Wells, ME 04090 since 11 December 2015 and is currently estimated at $1,017,804, approximately $731 per square foot. This property was built in 1951. 411 Drakes Island Rd 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.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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