NOT LISTED FOR SALE

45 Branch Rd Wells, ME 04090

Estimated Value: $427,000 - $449,000

2 Beds
1 Bath
1,290 Sq Ft
$340/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $376,000 $291 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,513/month

5 Days on Market

Highlights

  • Public Beach
  • 1.07 Acre Lot
  • Wooded Lot
  • Wells Elementary School Rated A-
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of May 2023

A rare value at this price point. This solid 2/3 bedroom 1 bathroom home is ''Move In'' ready. Solid from the foundation up, this home sits on more than an acre of land and abuts a quiet neighborhood. 3 miles to Wells beach and 5 minutes to the highway. Move in and watch the perennials bloom in the backyard.

Last Agent to Sell the Property

James Russ

Red Post Realty, LLC Listed on: 04/19/2023

Last Buyer's Agent

Tracy Durfee

EXIT Oceanside Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 1943

Lot Details

  • 1.07 Acre Lot
  • Public Beach
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned RA

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,290 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Home Office

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Generator Hookup
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 021
  • Assessor Parcel Number WLLS-000049-000000-000021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,775

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.07
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Get off at exit 19 on the Maine Tpk (Wells). Turn R & go about a mile, turn R at intersection of Rt 109 and Branch Road (Rt 9A, yellow blinking light). Travel just a few hundred yards to home on R side of road. The driveway is just past Berube Road.
  • Above Grade Finished Sq Ft: 1290.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1943
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.07
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1290.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Electric:Generator Hookup: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Bulkhead, Walk-Out Access, Full, Exterior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Corner Lot, Level, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 46609.2
  • Parcel #: WLLS-000049-000000-000021
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 1775.0
  • Tax Book Number: 17488
  • Tax Lot: 021
  • Tax Map Number: 49
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 25, 2023
Sold by
Lothrop Henry M and Lothrop Julia B
Bought by
Hastings Dalton and Hastings Scott
Seller's Agent
James Russ
Red Post Realty, LLC
Buyer's Agent
Tracy Durfee
EXIT Oceanside Realty
List Price
$349,000
Sold Price
$376,000
Premium/Discount to List
$27,000
7.74%
Current Estimated Value
$438,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,338
Avg. Annual Appreciation
6.60%
Original Mortgage
$282,000
Outstanding Balance
$273,986
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$164,352

Purchase Details

Listed on
Apr 2, 2017
Closed on
Jun 7, 2017
Sold by
Holman Brittany A
Bought by
Lothrop Henry M and Lothrop Julia B
Seller's Agent
Scott Blanchard
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Scott Blanchard
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$189,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2015
Sold by
Lytle Michael C
Bought by
Holman Brittany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2015
Sold by
Menter Larry A and Menter Pamela J
Bought by
Holman Brittany A and Lytle Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2015
Sold by
Chenevert Richard P
Bought by
Menter Larry A and Menter Pamela J
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
Hastings Dalton $376,000 None Available
Lothrop Henry M -- --
Holman Brittany A -- --
Holman Brittany A -- --
Menter Larry A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hastings Dalton $282,000
Previous Owner Lothrop Henry M $189,000
Previous Owner Holman Brittany A $148,000
Previous Owner Holman Brittany A $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2023 05/25/23 Sold $376,000 +7.7% $291 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $349,000 +66.2% $271 / Sq Ft
06/05/2017 06/05/17 Sold $210,000 -4.5% $163 / Sq Ft View Prior Sale
04/04/2017 04/04/17 Pending -- -- --
04/02/2017 04/02/17 For Sale $219,900 -- $170 / 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 $2,238 $368,160 $124,170 $243,990
2023 $2,194 $368,160 $124,170 $243,990
2022 $1,775 $169,650 $56,400 $113,250
2021 $1,785 $169,650 $56,190 $113,460
2020 $2,476 $169,650 $56,400 $113,250
2019 $2,407 $169,650 $56,400 $113,250
2018 $1,751 $169,650 $56,400 $113,250
2017 $1,724 $169,650 $56,400 $113,250
2016 $1,374 $136,630 $56,400 $80,230
2015 $1,359 $136,630 $56,400 $80,230
2013 -- $137,620 $56,190 $81,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1556585

Maine Listings

APN: WLLS-000049-000000-000021