$274,500
SOLD APR 25, 2025
2 Beds
1 Bath
763 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$360 Per Sq Ft

9 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • In Ground Pool
  • Wells Junior High School Rated A-
  • Tennis Courts
  • Scenic Views

About This Home

As of April 2025

Your seaside getaway awaits at this adorable coastal cottage at Beach Dreams community in Wells! Complete with 2 bedrooms, a spacious living area with kitchen, dining and living room this open floor plan also includes a full bath and bright sunroom. Open from May 1st to October 31st, the cottage's location affords easy access to the 3 pools, tennis courts, pickle ball courts, basketball, bocce, workout room and all the community offers. Minutes to famed Wells and Ogunquit beaches, Beach Dreams is also on the public trolley route making it very convenient to spend your days enjoying the area without worrying about finding a parking spot. A great investment property with flexible management options, rental terms, and more. Showings are by appointment only. Nightly rentals allowed, and only owners may have pets.

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 03/18/2025

Last Buyer's Agent

Anne Banfield

Portside Real Estate Group

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,593

Year Built

  • Built in 2006

Lot Details

  • 8,276 Sq Ft Lot
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Cul-De-Sac
  • Seasonal Access to Property
  • Landscaped
  • Level Lot
  • Open Lot

HOA Fees

  • $283 Monthly HOA Fees

Home Design

  • Cottage
  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 763 Sq Ft Home
  • Vaulted Ceiling
  • Living Room
  • Sun or Florida Room
  • Scenic Vista Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Nearby Water Access
  • Tennis Courts
  • Enclosed Glass Porch

Location

  • Property is near golf course and public transit

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 254 / 003
  • Assessor Parcel Number 412PostRoadWellsME04090

Community Details

Overview

  • Beach Dreams Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,593

Year Built

Built in 2006

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Dirt, Paved
  • MLS Status: Closed
  • Subdivision Name: Beach Dreams
  • Directions: From Route 1 in Wells turn into Beach Dreams. Coordinate with listing broker for front gate code.
  • Above Grade Finished Sq Ft: 763.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Structure Type: Modular
  • Year Built: 2006
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 359.76
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 763.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 850.0
  • Location Information:Fee Frequency Paid: Quarterly
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Roads:GravelDirt: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Site:Cul-De-Sac: Yes
  • Location:Near Railroad: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Cooling:AC Units: Yes
  • Amenities:Hot Tub: Yes
  • Living Room Amenities:Informal2: Yes
  • Living Room Amenities:Vaulted Ceiling14: Yes
  • Sunroom Amenities:Three-Season: Yes
  • Amenities:Tennis Court: Yes
  • Sunroom Amenities:Vaulted Ceiling18: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: No
  • Advertising Remarks:Advertising Remarks: Your seaside getaway awaits at this adorable coastal cottage at Beach Dreams community in Wells! Complete with 2 bedrooms, a spacious living area with kitchen, dining and living room this open floor plan also includes a full bath and bright sunroom. Open from May 1st to October 31st, the cottage's location affords easy access to the 3 pools, tennis courts, pickle ball courts, basketball, bocce, workout room and all the community offers. Minutes to famed Wells and Ogunquit beaches, Beach Dreams is also on the public trolley route making it very convenient to spend your days enjoying the area without worrying about finding a parking spot. A great investment property with flexible management options, rental terms, and more. Showings are by appointment only.Nightly rentals allowed, and only owners may have pets.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Structure Type:Modular: Yes
  • Roads:Dirt: Yes
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: Yes
  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Other
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Well Landscaped, Open, Cul-De-Sac, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Near Railroad
  • Pool Features: In Ground
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Other
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 850.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: 412PostRoadWellsME04090
  • Zoning: GB

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 1593.0
  • Tax Block: 003
  • Tax Lot: 254
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Apr 25, 2025
Sold by
Loveland Justin M and Loveland Nicole A
Bought by
Minogue James D and Adams Abigail L
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Anne Banfield
Portside Real Estate Group
List Price
$274,500
Sold Price
$274,500
Views
291
Current Estimated Value
$291,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,012
Avg. Annual Appreciation
9.70%
Original Mortgage
$137,250
Outstanding Balance
$136,517
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,633

Purchase Details

Listed on
May 10, 2021
Closed on
Jul 8, 2021
Sold by
Spooner William C and Spooner Katherine E
Bought by
Loveland Justin M and Loveland Nicole A
Seller's Agent
Pamela Coyne
EXIT Oceanside Realty
Buyer's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
List Price
$174,900
Sold Price
$174,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$129,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 13, 2017
Closed on
May 11, 2017
Sold by
Gilmore Thomas A and Gilmore Gail A
Bought by
Spooner William C and Spooner Katherine E
Seller's Agent
Luke Guerrette
Garnsey Bros. Real Estate
Buyer's Agent
Pamela Coyne
EXIT Oceanside Realty
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%

Purchase Details

Closed on
Sep 19, 2006
Sold by
Threemp Llc
Bought by
Gilmore Thomas A and Gilmore Gail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,080
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $274,500 None Available
Warranty Deed $274,500 None Available
Warranty Deed $274,500 None Available
Warranty Deed -- Misc Company
Warranty Deed -- Misc Company
Warranty Deed -- Misc Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,250 Purchase Money Mortgage
Closed $137,250 Purchase Money Mortgage
Previous Owner $129,000 Purchase Money Mortgage
Previous Owner $127,080 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2025 04/25/25 Sold $274,500 0.0% $360 / Sq Ft
03/18/2025 03/18/25 For Sale $274,500 +56.9% $360 / Sq Ft
07/08/2021 07/08/21 Sold $174,900 0.0% $287 / Sq Ft View Prior Sale
05/11/2021 05/11/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $174,900 +9.3% $287 / Sq Ft
05/09/2017 05/09/17 Sold $160,000 -3.0% $210 / Sq Ft View Prior Sale
04/18/2017 04/18/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $165,000 -- $216 / 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 $1,625 $267,280 $126,490 $140,790
2023 $1,593 $267,280 $126,490 $140,790
2022 $1,290 $123,280 $57,490 $65,790
2021 $1,297 $123,280 $57,490 $65,790
2020 $1,292 $123,280 $57,490 $65,790
2019 $1,285 $123,280 $57,490 $65,790
2018 $1,272 $123,280 $57,490 $65,790
2017 $1,253 $123,280 $57,490 $65,790
2016 $1,240 $123,280 $57,490 $65,790
2015 $1,227 $123,280 $57,490 $65,790
2013 $1,124 $123,280 $57,490 $65,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1616436

Maine Listings

APN: WLLS-000027-000003-000000-000254