NOT LISTED FOR SALE

424 Ocean Ave Wells, ME 04090

Estimated Value: $1,686,000 - $1,927,000

4 Beds
3 Baths
2,384 Sq Ft
$755/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $1,095,000 $459 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $10,279/month

143 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Fireplace in Primary Bedroom
  • Wells Junior High School Rated A-
  • Country Club
  • Deck

About This Home

As of October 2020

Moody Beach! One of Ocean Avenue's most recognizable properties. Custom built and architecturally appealing with a fabulous floor plan designed to capture the fantastic ocean views! The first floor offers a comfortable guest bedroom with a full bath and a separate dedicated laundry room. The second floor consists of a terrific open concept living room, dining and kitchen combination space that is perfect for entertaining and taking in the beach and water views. A stunning custom marble wood- burning fireplace in the living room is the perfect focal point of the space. The second floor deck flows nicely off of the dining area and offers plenty of space for outdoor dining and grilling with yet more ocean views! Also on the second floor is a generously sized bedroom along with an additional full bath. The master bedroom is located on the third floor and is like no other! Ample space including a very cozy sitting area with beautiful ocean views along with another gorgeous wood-burning fireplace and a spacious master bath with a jetted tub and double sinks. Another deck off the master bedroom brings the outside in with more incredible ocean views. The fourth bedroom is also on the third floor and offers another deck looking to the west and the salt marsh. This home is ideal for guests as it combines an amazing open living space for friends & family to gather while still offering privacy. For convenience with heavy packages - the home also has its own dumb waiter - perfect for sending groceries from the first floor directly to the kitchen area! Generator hook-up and CENTRAL AIR CONDITIONING. Each fireplace is already plumbed for propane should one want to convert to gas. Perfect lot size with wonderful outdoor space with little maintenance. The path to the beach is just a few houses away. Walk along the water's edge all the way to Ogunquit! Easy access to fine dining, shops, galleries, recreation and summer theatre. Amazing opportunity at Moody Beach!

Last Agent to Sell the Property

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 03/13/2020

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: 03/13/2020

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,965

Year Built

  • Built in 1998

Lot Details

  • 5,227 Sq Ft Lot
  • Ocean Front
  • Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned RB

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • 2,384 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Laundry on main level
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bedroom Suite
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Jetted Tub in Primary Bathroom
  • Secondary Bathroom Jetted Tub
  • Bathtub
  • Separate Shower

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Nearby Water Access
  • Balcony
  • Deck
  • Shed

Location

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 134A
  • Assessor Parcel Number WLLS-000109-000134-000000-A000000

Community Details

Overview

  • No Home Owners Association
  • Moody Beach Subdivision

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,965

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: Moody Beach
  • Directions: Route 1 to Furbish Road to Ocean Avenue. Home is at the corner of Ocean and Furbish. Driveway is on Furbish.
  • Above Grade Finished Sq Ft: 2384.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Year Built: 1998
  • Attribution Contact: 207-468-7335
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 459.31
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2384.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Cooktop: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Water Heater:Tank: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Location:Near Railroad: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Basement Entry:Exterior Only: Yes
  • Bedroom Amenities 2:Walk-in Closet2: Yes
  • Transportation:Rail Available: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Primary Bedroom Amenities:Vaulted Ceiling15: Yes
  • Room Features:Breakfast Nook2: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Bedroom Amenities 3:Walk-in Closet3: Yes
  • Primary Bedroom Amenities:Jetted Tub6: Yes
  • Room Features:Jetted Tub17: Yes
  • Bedroom Amenities 3:BalconyDeck3: Yes
  • Primary Bedroom Amenities:Wood Burning Fireplace15: Yes
  • Other Structures:Shed: Yes
  • Amenities:Home Warranty: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dishwasher, Cooktop
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Attic, Bathtub, Pantry, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Third
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: Third
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Level, Open Lot, Landscaped, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Forced Air, 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: 5227.2
  • Parcel #: WLLS-000109-000134-000000-A000000
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 7965.0
  • Tax Lot: 134A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Forti Kristen C
Bought by
Kristen C Forti Ret and Forti
Current Estimated Value
$1,799,979

Purchase Details

Listed on
Mar 13, 2020
Closed on
Oct 1, 2020
Sold by
Wendy L Ferns Ret and Ferns
Bought by
Forti Kristen C
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
$1,129,000
Sold Price
$1,095,000
Premium/Discount to List
-$34,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$799,350
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2011
Sold by
Ferns Wendy L and Ferns Robert J
Bought by
Wendy L Ferns Ret and Ferns
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kristen C Forti Ret -- None Available
Kristen C Forti Ret -- None Available
Kristen C Forti Ret -- None Available
Kristen C Forti Ret -- None Available
Forti Kristen C -- None Available
Forti Kristen C -- None Available
Forti Kristen C -- None Available
Wendy L Ferns Ret -- --
Wendy L Ferns Ret -- --
Wendy L Ferns Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forti Kristen C $799,350
Previous Owner Wendy L Ferns Ret $102,279
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2022 11/05/22 Off Market $1,095,000 -- --
10/01/2020 10/01/20 Sold $1,095,000 -3.0% $459 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $1,129,000 -- $474 / 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 $10,063 $1,655,070 $1,056,380 $598,690
2023 $9,864 $1,655,070 $1,056,380 $598,690
2022 $9,328 $891,820 $490,500 $401,320
2021 $9,382 $891,820 $490,500 $401,320
2020 $8,221 $784,430 $490,500 $293,930
2019 $8,174 $784,430 $490,500 $293,930
2018 $7,797 $784,430 $490,500 $293,930
2017 $7,970 $784,430 $490,500 $293,930
2016 $7,891 $784,430 $490,500 $293,930
2015 $7,805 $784,430 $490,500 $293,930
2013 $7,154 $784,430 $490,500 $293,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1447031

Maine Listings

APN: WLLS-000109-000134-000000-A000000