NOT LISTED FOR SALE

44 Ocean Ave Wells, ME 04090

Estimated Value: $1,094,000 - $1,421,000

2 Beds
1.5 Baths
1,300 Sq Ft
$976/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $935,000 $719 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,409/month

Highlights

  • 50 Feet of Waterfront
  • Access to Tidal Water
  • Deck
  • Wells Junior High School Rated A-
  • Public Beach
  • Wood Flooring

About This Home

As of March 2020

Impecable views and a location that can't be beat! This gorgeous beach house is located on the banks of the Ogunquit River and is steps to Sandy Moody Beach! Three gorgeous levels of living space with views from every window. The first level features a gourmet kitchen which is open to the living room. The second level is reserved for the master bedroom and an adorable built in bunk area. And, the third level has another bedroom and gorgeous roof top deck, perfect to savor the ocean views and breezes. This truly the beach house you've been dreaming of.

Last Agent to Sell the Property

Donald Wunder

RE/MAX Realty One Listed on: 01/29/2020

Last Buyer's Agent

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,416

Year Built

  • Built in 2010

Lot Details

  • 2,614 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • River Front
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned rb

Parking

  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Multi-Level Property
  • Gas Fireplace
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Nearby Water Access
  • Balcony
  • Deck
  • Patio

Location

  • City Lot

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Hot Water Heating System
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number WLLS-000103-000000-000055

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,416

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • Water Body Name: Ogunquit River
  • MLS Status: Closed
  • Directions: From Route One in Wells Turn Left on Bourn ave. Go to end and turn right on Ocean Ave. Property is on the right
  • Above Grade Finished Sq Ft: 1300.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 2010
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1300.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Laundry - Hookup: Yes
  • Cooling:Central Air: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Heat System:Multi-Zones: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: 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: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Room Features:BalconyDeck17: Yes
  • Roof:Membrane: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Bedroom 1 Amenities:BalconyDeck: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Pantry
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Third

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Public Beach, Near Town, Neighborhood
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Patio
  • Roof: Membrane
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: WLLS-000103-000000-000055
  • Zoning: rb

Tax Info

  • Tax Annual Amount: 7416.0
  • Tax Book Number: 16722
  • Tax Lot: 55
  • Tax Map Number: 103
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 2, 2020
Sold by
Michael R & P M Martel Ret and Martel
Bought by
Weiss Stephen H and Weiss Susan H
Seller's Agent
Donald Wunder
RE/MAX Realty One
Buyer's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
List Price
$959,000
Sold Price
$935,000
Premium/Discount to List
-$24,000
-2.5%
Current Estimated Value
$1,269,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,050
Avg. Annual Appreciation
5.60%
Original Mortgage
$511,000
Outstanding Balance
$453,418
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$815,632

Purchase Details

Closed on
Oct 30, 2013
Sold by
Martel Michael R and Martel Patricia M
Bought by
Martel Ft and Martel

Purchase Details

Listed on
Feb 6, 2013
Closed on
Jun 24, 2013
Sold by
Janet B Hicks Ret and Collins
Bought by
Martel Michael R and Martel Patricia M
Seller's Agent
Steve Weigel
Coldwell Banker Y-Gull & Associates
Buyer's Agent
Don Wunder
Ogunquit River Properties
List Price
$749,000
Sold Price
$761,000
Premium/Discount to List
$12,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$270,000
Interest Rate
3.45%
Mortgage Type
New Conventional
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
Weiss Stephen H -- None Available
Weiss Stephen H -- None Available
Martel Ft -- --
Martel Ft -- --
Martel Michael R -- --
Martel Michael R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiss Stephen H $511,000
Closed Weiss Stephen H $511,000
Previous Owner Martel Michael R $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2020 03/06/20 Sold $935,000 -2.5% $719 / Sq Ft
01/29/2020 01/29/20 For Sale $959,000 +26.0% $738 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
06/21/2013 06/21/13 Sold $761,000 +1.6% $585 / Sq Ft View Prior Sale
02/26/2013 02/26/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $749,000 -- $576 / 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 $8,174 $1,344,490 $992,210 $352,280
2023 $8,013 $1,344,490 $992,210 $352,280
2022 $7,520 $718,890 $460,930 $257,960
2021 $7,563 $718,890 $460,930 $257,960
2020 $7,534 $718,890 $460,930 $257,960
2019 $7,488 $718,650 $460,930 $257,720
2018 $7,416 $718,650 $460,930 $257,720
2017 $7,301 $718,650 $460,930 $257,720
2016 $7,230 $718,650 $460,930 $257,720
2015 $7,151 $718,650 $460,930 $257,720
2013 $6,554 $718,650 $460,930 $257,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1443387

Maine Listings

APN: WLLS-000103-000000-000055