NOT LISTED FOR SALE

415 Ocean Ave Wells, ME 04090

Estimated Value: $2,654,000 - $4,145,000

3 Beds
4 Baths
3,675 Sq Ft
$981/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $1,550,000 $422 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $20,878/month

Highlights

  • 50 Feet of Waterfront
  • Beach Access
  • Cape Cod Architecture
  • Wells Junior High School Rated A-
  • Country Club
  • Wood Flooring

About This Home

As of October 2013

Enjoy un obstructed ocean views on private Moody Beach! This well maintained ocean front duplex offers 7 bedrooms, 4 baths & plenty of parking. Use as a family compound or take advantage of the amazing rental history already in place!

Last Agent to Sell the Property

Donald Wunder

RE/MAX Realty One Listed on: 07/16/2013

Last Buyer's Agent

Steve Weigel

Y-Gull & Associates

Y-Gull & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,988

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • Landscaped
  • Open Lot

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • 4 Full Bathrooms
  • 3,675 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Nearby Water Access

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 166
  • Assessor Parcel Number 415Ocean AvenueWells0109166

Community Details

Overview

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

Recreation

  • Country Club

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,988

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Directions: From Route 1 Wells head south toward Ogunquit. Turn left on Bourne, turn left on Ocean Ave. Property is on the right, ocean side
  • Above Grade Finished Sq Ft: 3675.0
  • Architectural Style: Cape
  • Building Stories: 2
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 421.77
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3675.0
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: 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
  • Basement Entry:Walk-Out: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Exterior:Wood Siding: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Recreational Water:Beach Rights: Yes
  • Advertising Remarks:Advertising Remarks: Enjoy un obstructed ocean views on private Moody Beach! This well maintained ocean front duplex offers 7 bedrooms, 4 baths & plenty of parking. Use as a family compound or take advantage of the amazing rental history already in place!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Daylight, Finished, Full, Walk-Out Access
  • Full Bathrooms: 4
  • Flooring: Wood, Tile, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Landscaped, Near Golf Course, Near Shopping, Neighborhood
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 415Ocean AvenueWells0109166
  • Zoning: ocn ft mdl 01

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 11988.0
  • Tax Lot: 166
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2013
Closed on
Oct 29, 2013
Sold by
Lawrence C Manning Irt and Manning
Bought by
Giarusso David P
Seller's Agent
Donald Wunder
RE/MAX Realty One
Buyer's Agent
Steve Weigel
Y-Gull & Associates
List Price
$1,545,000
Sold Price
$1,550,000
Premium/Discount to List
$5,000
0.32%
Current Estimated Value
$3,605,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,055,676
Avg. Annual Appreciation
7.21%
Original Mortgage
$1,550,000
Outstanding Balance
$1,138,106
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,467,570
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Giarusso David P -- --
Giarusso David P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giarusso David P $1,550,000
Closed Giarusso David P $1,550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2013 10/28/13 Sold $1,550,000 +0.3% $422 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $1,545,000 -- $420 / 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 $23,617 $3,884,440 $2,540,160 $1,344,280
2023 $23,151 $3,884,440 $2,540,160 $1,344,280
2022 $24,006 $2,295,000 $1,375,150 $919,850
2021 $24,091 $2,290,000 $1,375,150 $914,850
2020 $23,999 $2,290,000 $1,375,150 $914,850
2019 $23,862 $2,290,000 $1,375,150 $914,850
2018 $23,633 $2,290,000 $1,375,150 $914,850
2017 $17,528 $1,725,220 $1,375,150 $350,070
2016 $15,858 $1,576,350 $1,375,150 $201,200
2015 $15,685 $1,576,350 $1,375,150 $201,200
2013 $14,222 $1,559,460 $1,375,150 $184,310
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Donald Wunder

    RE/MAX

  • Steve Weigel

    Buyer's Agent in 2013

    Steve Weigel

    Y-Gull & Associates

    (207) 251-1815

    69 in this area

    80 Total Sales

    Steve Weigel
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1102060

Maine Listings

APN: WLLS-000109-000000-000166

Maine York County Wells 04090

415 Ocean Ave, Wells, ME

Not Listed for Sale

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.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes