NOT LISTED FOR SALE

42 Somerset St Wells, ME 04090

Estimated Value: $397,000 - $569,000

3 Beds
1.5 Baths
1,547 Sq Ft
$334/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $430,000 $278 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,014/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Bathtub
  • Wells Elementary School Rated A-
  • Bonus Room
  • Living Room

About This Home

As of July 2021

This charming cape is perfectly situated on just over a half acre of land on a private dead-end road. Bright, open floorplan with hardwood and tile flooring on the main level. Don't miss a beat while cooking in the open kitchen/dining room with beautiful light cabinets, stainless steel appliances, a peninsula, and a sider door leading out to back deck which overlooks the spacious backyard with a firepit, perfect for entertaining! Three spacious bedrooms on the second level along with a full-bath. Spacious bonus room in the basement currently being used as a family room. Welcome home!

Last Agent to Sell the Property

Megan McShane

Redfin Corporation Listed on: 06/01/2021

Redfin Corporation

Last Buyer's Agent

Kelly Tobin

Coldwell Banker Peggy Carter Team

Coldwell Banker Peggy Carter Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,295

Year Built

  • Built in 2012

Lot Details

  • 0.52 Acre Lot
  • Open Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,547 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Bathtub
  • Shower Only

Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic System
  • Satellite Dish

Community Details

  • Somerset Valley Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 7-2
  • Assessor Parcel Number WLLS-000040-000007-000000-000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,295

Year Built

Built in 2012

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Somerset Valley
  • Directions: Take N Berwick Rd to Swamp John Rd. Somerset St is .4 miles down on the left
  • Above Grade Finished Sq Ft: 1547.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 2012
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.52
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1547.0
  • Property Information:Garage: No
  • Site:Open: 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
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 50.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Basement Entry:Doghouse: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Satellite Dish: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Full, Doghouse, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bathtub, Shower
  • Full Basement: Yes
  • 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: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Open Lot, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

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: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22651.2
  • Parcel #: WLLS-000040-000007-000000-000002
  • Zoning: R

Tax Info

  • Tax Annual Amount: 2295.0
  • Tax Book Number: 17575
  • Tax Lot: 7-2
  • Tax Map Number: 40
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 30, 2021
Sold by
Pollard Zachary T and Pollard Mallory J
Bought by
Ness Rachel H
Seller's Agent
Megan McShane
Redfin Corporation
Buyer's Agent
Kelly Tobin
Coldwell Banker Peggy Carter Team
List Price
$399,000
Sold Price
$430,000
Premium/Discount to List
$31,000
7.77%
Current Estimated Value
$516,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,840
Avg. Annual Appreciation
4.47%
Original Mortgage
$344,000
Outstanding Balance
$312,943
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$203,897

Purchase Details

Listed on
Aug 1, 2017
Closed on
Oct 5, 2017
Sold by
Kirste Christopher and Kirste Ellyn
Bought by
Pollard Zachary T and Pollard Mallory J
Seller's Agent
Timothy Gowen
Coldwell Banker Y-Gull & Associates
Buyer's Agent
Paul Salacain
Gosselin Realty Group
List Price
$272,000
Sold Price
$272,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%
Original Mortgage
$263,840
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2013
Sold by
Dearborn Brothers Llc
Bought by
Greenwood James and Greenwood Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2012
Sold by
Dearborn Brothers Llc
Bought by
Dunphey William and Quinn Brooke
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
Ness Rachel H -- None Available
Ness Rachel H -- None Available
Pollard Zachary T -- --
Pollard Zachary T -- --
Greenwood James -- --
Greenwood James -- --
Dunphey William -- --
Dunphey William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ness Rachel H $344,000
Closed Ness Rachel H $344,000
Previous Owner Pollard Zachary T $263,840
Previous Owner Greenwood James $194,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $430,000 +7.8% $278 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $399,000 +46.7% $258 / Sq Ft
10/02/2017 10/02/17 Sold $272,000 0.0% $176 / Sq Ft View Prior Sale
08/10/2017 08/10/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $272,000 +30.1% $176 / Sq Ft
06/14/2012 06/14/12 Sold $209,000 0.0% $140 / Sq Ft View Prior Sale
03/12/2012 03/12/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $209,000 -- $140 / 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 $2,685 $441,560 $106,100 $335,460
2023 $2,797 $469,280 $117,720 $351,560
2022 $2,584 $247,040 $53,590 $193,450
2021 $2,317 $220,240 $48,310 $171,930
2020 $2,308 $220,240 $53,590 $166,650
2019 $2,295 $220,240 $53,590 $166,650
2018 $2,214 $218,030 $53,590 $164,440
2017 $2,215 $218,030 $53,590 $164,440
2016 $2,193 $218,030 $53,590 $164,440
2015 $2,169 $218,030 $53,590 $164,440
2013 $1,988 $218,030 $53,590 $164,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1494265

Maine Listings

APN: WLLS-000040-000007-000000-000002