$792,000
SOLD SEP 8, 2014

42 Ocean Ave Wells, ME 04090

3 Beds
2 Baths
1,440 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$550 Per Sq Ft

17% Below List Price

7 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 136 Feet of Waterfront
  • Cape Cod Architecture
  • Wells Junior High School Rated A-
  • Country Club
  • Deck

About This Home

As of June 2021

Enjoy The Best Of Both Worlds/ Private Frontage on the Ogt River To Boat, Fish & Enjoy The Spectacular Views Along With Deeded Beach Rights on Private Moody (Ogt) Beach/ 7Rm, 3 Bdrm 2 Bath Award Winning Designed Yr Rnd Home Located at the So.End of Beach

Last Agent to Sell the Property

Steve Weigel

Coldwell Banker Y-Gull & Associates Listed on: 05/21/2014

Coldwell Banker Y-Gull & Associates

Last Buyer's Agent

Steve Weigel

Coldwell Banker Y-Gull & Associates Listed on: 05/21/2014

Coldwell Banker Y-Gull & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,316

Year Built

  • Built in 1985

Lot Details

  • 4,356 Sq Ft Lot
  • 136 Feet of Waterfront
  • Ocean Front
  • River Front
  • Near Conservation Area
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned RB

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,440 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Bath Modification
  • Accessible Approach with Ramp

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Access to Tidal Water
  • Deck

Location

  • Property is near a golf course

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 42Ocean AvenueWells10354

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,316

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Water Body Name: Atlantic Ocean/Ogt River
  • MLS Status: Closed
  • Directions: RT. 1 FROM OGUNQUIT TURN RIGHT AT THE FIRST SET OF LIGHTS ON BOURNE AVE/ AT THE END TURN RIGHT ON OCEAN AVE/ 42 OCEAN AVE IS ON THE RIGHT BORDERING THE OGUNQUIT RIVER
  • Above Grade Finished Sq Ft: 1440.0
  • Architectural Style: Contemporary, Cape
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1440.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Rental Allowed: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:Wood2: Yes
  • Water Info:Waterfront Amount -: 136.0
  • Water Info:Water Frontage Owned -: 50.0
  • Recreational Water:Deeded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Location:Abuts Conservation: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Recreational Water:Beach Rights: Yes
  • Accessibilitiy Amenities:Other Bath Modifications: Yes
  • Dining Room Amenities:Skylight16: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher
  • Accessibility Features: Other Bath Modifications, Accessible Approach with Ramp
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, Primary Bedroom w/Bath
  • 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, Right of Way, Landscaped, Abuts Conservation, Near Golf Course, Near Shopping, Neighborhood
  • View: Scenic
  • Waterfront Features: Ocean, River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Stove, Multi-Zones, Hot 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: 4356.0
  • Parcel #: 42Ocean AvenueWells10354
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 4316.0
  • Tax Book Number: 14652
  • Tax Lot: 54
  • Tax Map Number: 103
  • Tax Year: 2008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2021
Closed on
Jun 28, 2021
Sold by
Rougeau Pierre and Levasseur Monic
Bought by
Serino Debra J and Zaremba Jean M
Seller's Agent
Steve Weigel
Coldwell Banker Y-Gull & Associates
Buyer's Agent
Steve Weigel
Coldwell Banker Y-Gull & Associates
List Price
$1,395,000
Sold Price
$1,600,000
Premium/Discount to List
$205,000
14.7%
Current Estimated Value
$1,712,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,225
Avg. Annual Appreciation
1.21%
Original Mortgage
$1,280,000
Outstanding Balance
$1,173,916
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$505,895

Purchase Details

Closed on
Oct 28, 2005
Sold by
Bush Frances E Est and Kelley
Bought by
Donahue Darcy J and Donahue Timothy J
Source: Public Records

Similar Homes in Wells, ME

  • 294 Pointed Fir Blvd E, Wells, ME 04090

    $749,900

    • 3 Beds
    • 2 Baths
    • 1,715 Sq Ft
    • 294 Pointed Fir Blvd E
    • Wells, ME

    Tucked away in The Forest—one of Moody's most desirable communities—this updated Cape offers the best of coastal Maine living with access to it all. Just minutes from Moody Beach and Ogunquit's dining, shopping, and shoreline, this home blends location, lifestyle, and low-maintenance luxury.Step inside to find 3 bedrooms, 2 full baths, and a layout designed for real life—featuring a

    Luke Morris Real Broker

    Section Image
  • 77 Cranberry St, Wells, ME 04090

    $864,900

    • 4 Beds
    • 2 Baths
    • 1,256 Sq Ft
    • 77 Cranberry St
    • Wells, ME

    Have you been waiting for a METICULOUSLY MAINTAINED home both inside & out on the East Side of Route 1 in Moody? Look no further than 77 Cranberry Street in the sought after Bourne Field neighborhood. This 4 Bedroom, 2 Full bath ranch style home is a 7 minute walk with sidewalks to the sandy beach of Moody/Ogunquit Beach! The outside of this home offers a fenced in yard with privacy fencing

    Pamela Maxon Moody Maxon Real Estate

    Section Image
  • 0 Tatnic Rd Unit 1617430, Wells, ME 04090

    $850,000

    • 3 Beds
    • 2 Baths
    • 1,750 Sq Ft
    • 0 Tatnic Rd
    • Unit 1617430
    • Wells, ME

    Wells Maine, the way life should be! What sets this to-be-built home apart from others on the market? First, it will be ideally situated on ten acres of pristine land, offering privacy and tranquility—without the hassle of HOA fees or restrictions. Own this spacious, open-concept 3-bedroom, 2-bath ranch. The primary suite includes a private bath and a walk-in closet. Start your mornings in the

    Melissa Lunt Coldwell Banker Realty

    Section Image
  • 314 Ocean Ave, Wells, ME 04090

    $995,000

    • 2 Beds
    • 1 Bath
    • 1,152 Sq Ft
    • 314 Ocean Ave
    • Wells, ME

    Classic Bungalow Style two/three bedroom cottage on a sunny and spacious lot with terrific outdoor space and ample parking. Open concept kitchen/dining room combination space, beautiful hardwood floors and a fantastic sunroom that could easily be converted into a third bedroom. This adorable property offers a fabulous mid-beach location along Moody and also has a deeded easement across the street

    Peter LaRochelle Better Homes & Gardens Real Estate/The Masiello Group

    Section Image
  • 316 Ocean Ave, Wells, ME 04090

    $695,000

    • 1 Bed
    • 1 Bath
    • 576 Sq Ft
    • 316 Ocean Ave
    • Wells, ME

    Moody Beach - Steps to the public way access to Moody Beach. Cottage is seasonal presently but offers many options for a home of your dreams. Choice is yours to renovate retaining the quaint characteristics of the summer cottage or use the land to build a multi level home which would offer you ocean views. Cottage consists of a bedroom, kitchen and living room on the first floor with a loft

    Luke Guerrette Garnsey Bros. Real Estate

    Section Image
  • 41 Kings Ct, Wells, ME 04090

    $899,900

    • 3 Beds
    • 2 Baths
    • 1,690 Sq Ft
    • 41 Kings Ct
    • Wells, ME

    Welcome to your dream coastal retreat in Wells, Maine! This stunning 3-bedroom, 2-bath single-family residence is perfectly situated just moments from many pristine beaches, offering the ideal blend of seaside serenity and modern comfort. The home is located close to the Wells/Ogunquit line, making it very convenient to restaurants, shopping and entertainment. Nestled at the end of a quiet

    Shayna Wright Coldwell Banker Realty

    Section Image
  • 157 S Tibbetts Ave, Wells, ME 04090

    $709,000

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft
    • 157 S Tibbetts Ave
    • Wells, ME

    Coastal Cottage with Proven Rental Income! This charming 3-bedroom beach cottage is tucked away on a quiet street, just a short stroll to the waves. With a strong short-term rental history, it's perfect as an income property or your own summer escape. Enjoy the open living/kitchen area, enclosed rear porch, air conditioning, and outdoor shower space. Relax on the front porch, nap in the hammock,

    Cindi Couture Great Island Realty, LLC

    Section Image
  • 68 Appletree Ln, Wells, ME 04090

    $649,000

    • 3 Beds
    • 2 Baths
    • 1,037 Sq Ft
    • 68 Appletree Ln
    • Wells, ME

    Whether it is year round living or a vacation getaway this carefully updated Cape home has it all! Serene corner lot in a quiet neighborhood, but just over a mile to Moody Beach! The large corner lot has a retaining wall with new landscaping, a small stream, blueberry bushes, large shed, paved driveway and 2 large decks for outdoor relaxing and dining. The interior features a functional new

    Carolyn Weller RE/MAX Realty One

    Section Image
  • 11 Partridge Ln, Wells, ME 04090

    $795,000

    • 3 Beds
    • 1 Bath
    • 1,072 Sq Ft
    • 11 Partridge Ln
    • Wells, ME

    Location! Location! This 3 bedroom ranch borders the scenic marshlands with panoramic Marsh and River views sitting on a double lot. The interior of the home had water damage in 2021 from frozen pipes. It has been professionally cleaned and set up for repairs. Many possibilies for renovation and expansion. The home is being sold as is where is.

    Richard Coyne EXIT Oceanside Realty

    Section Image

Range of Values:

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 Type Sale Price Title Company
Warranty Deed -- None Available
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,280,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $1,600,000 +14.7% $1,111 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $1,395,000 +76.1% $969 / Sq Ft
09/08/2014 09/08/14 Sold $792,000 -16.6% $550 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $950,000 -- $660 / 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 $8,856 $1,485,840 $1,207,180 $278,660
2022 $7,448 $712,070 $560,580 $151,490
2021 $7,400 $703,460 $560,580 $142,880
2020 $7,372 $703,460 $560,580 $142,880
2019 $7,330 $703,460 $560,580 $142,880
2018 $7,260 $703,460 $560,580 $142,880
2017 $7,147 $703,460 $560,580 $142,880
2016 $7,077 $703,460 $560,580 $142,880
2015 $7,648 $768,630 $648,990 $119,640
2013 $5,269 $577,760 $458,120 $119,640
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1135916

Maine Listings

APN: WLLS-000103-000000-000054