$166,250
SOLD MAY 6, 2020

43 Appletree Ln Wells, ME 04090

-- Bed
3 Baths
2,440 Sq Ft
0.63 Acres

Recently Sold

$68 Per Sq Ft

37% Below List Price

14 Days on Market

Highlights

  • Ski Resort
  • Contemporary Architecture
  • 2 Car Direct Access Garage
  • Wells Junior High School Rated A-
  • Property is near public transit
  • Baseboard Heating

About This Home

As of April 2021

Investment opportunity! Legal 2 unit in desirable area of Moody.
Short sale, subject to 3rd party approval. Property sold ''as is'' with no warranty.

Last Agent to Sell the Property

Donna Robert Christine Paul

Keller Williams Realty Listed on: 02/07/2020

Last Buyer's Agent

Donna Robert Christine Paul

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 1978

Lot Details

  • 0.63 Acre Lot
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Vertical Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,440 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Short Sale
  • Tax Lot 20A
  • Assessor Parcel Number WLLS-000107-000020-000000-A000000

Community Details

Overview

  • 2 Units

Recreation

  • Ski Resort

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,333

Year Built

Built in 1978

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.63
  • Road Frontage Type: Private
  • Ownership: SPECIAL ADMINISTRATOR
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2440.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1978
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.63
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2440.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: Yes
  • Basement:Slab2: Yes
  • Driveway:Gravel: Yes
  • Sewer:Septic Existing on Site: Yes
  • Location:Ski Resort: Yes
  • Transportation:Public Transport Access: Yes
  • Exterior:Vertical Siding: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 3
  • Flooring: Vinyl, Carpet
  • Stories: 2

Exterior Features

  • Lot Features: Level, Neighborhood, Ski Resort, Near Public Transit
  • Waterfront: No
  • Construction Type: Vertical Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Composition, Pitched

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27442.8
  • Parcel #: WLLS-000107-000020-000000-A000000
  • Zoning: RA

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3333.0
  • Tax Book Number: 16426
  • Tax Lot: 20A
  • Tax Map Number: 107
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 23, 2021
Sold by
Glaude Michael F
Bought by
Guilfoyle Peter A and Guilfoyle Erin M
Seller's Agent
Donna Robert Christine Paul
EXP Realty
Buyer's Agent
Adam Hedio
Coldwell Banker Realty
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%
Current Estimated Value
$853,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,071
Avg. Annual Appreciation
11.97%
Original Mortgage
$525,000
Outstanding Balance
$479,461
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$368,588

Purchase Details

Listed on
Feb 7, 2020
Closed on
May 6, 2020
Sold by
Davis Kenneth L Est and Bridges
Bought by
Glaude Michael F
Seller's Agent
Donna Robert Christine Paul
Keller Williams Realty
Buyer's Agent
Donna Robert Christine Paul
Keller Williams Realty
List Price
$265,000
Sold Price
$166,250
Premium/Discount to List
-$98,750
-37.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
231.29%

Purchase Details

Closed on
Mar 14, 2005
Sold by
Davis Kenneth L
Bought by
Davis Kenneth L and Simmons Shaun P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.64%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Executors Deed -- None Available
Executors Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 Purchase Money Mortgage
Closed $525,000 Purchase Money Mortgage
Previous Owner $577,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $20,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $525,000 -4.5% $215 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
02/14/2021 02/14/21 For Sale $549,900 +230.8% $225 / Sq Ft
05/06/2020 05/06/20 Sold $166,250 -37.3% $68 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $265,000 -- $109 / 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 $5,447 $913,880 $299,020 $614,860
2022 $4,362 $417,040 $116,020 $301,020
2021 $4,387 $417,040 $116,020 $301,020
2020 $3,385 $322,970 $116,020 $206,950
2019 $3,365 $322,970 $116,020 $206,950
2018 $3,025 $322,970 $116,020 $206,950
2017 $3,281 $322,970 $116,020 $206,950
2016 $3,179 $316,000 $116,020 $199,980
2015 $3,144 $316,000 $116,020 $199,980
2013 $2,882 $316,000 $116,020 $199,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1444118

Maine Listings

APN: WLLS-000107-000020-000000-A000000