NOT LISTED FOR SALE

454 Post Rd Unit 468 Wells, ME 04090

Wells Neighborhood

Estimated Value: $330,775 - $344,000

2 Beds
1 Bath
754 Sq Ft
$406/mo HOA Fee

Last Sold October 23, 2024

Last sale price $338,000 $448 Per Sq Ft

Current estimated payment $2,431/month

29 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • In Ground Pool
  • Wells Junior High School Rated A-
  • Country Club
  • View of Trees or Woods

About This Home

As of October 2024

Welcome to Cottage 468, the ''Drakes Island'' condo! Nestled in an ideal spot for a peaceful, restful, and relaxing getaway, this well-maintained property is part of the Cottages of Summer Village, a 65-acre, 3-season resort community. It's the perfect place to unwind and enjoy all the amenities that are included. This two-bedroom, one-bathroom house offers approximately 754 square feet of living space. The home features an open floor plan, allowing for seamless flow between the living areas. The primary bedroom provides ample space, while the additional bedroom can serve a variety of purposes. The single bathroom is conveniently located and well-appointed. The property offers the opportunity to create a comfortable and functional living environment.
The property is being sold fully furnished and turnkey ready, tastefully decorated with coastal finishes from Maine Cottage. The kitchen features granite countertops and a pantry. The resort boasts a variety of amenities, including tennis courts, three swimming pools, a hot tub, a kiddie pool, a clubhouse, a fitness center, bocce courts, two playgrounds, and an onsite trolley. You'll also have quick access to local attractions such as beaches, shopping, and restaurants. HOA fees cover all utilities, and the season runs from May 1 to October 31.

Last Listed By

Julie O'Connor

Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 08/20/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,899

Year Built

  • Built in 2007

Lot Details

  • Public Beach
  • Seasonal Access to Property
  • Landscaped
  • Open Lot

HOA Fees

  • $406 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Post and Beam
  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 754 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Sun or Florida Room
  • Views of Woods
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer

Parking

  • Common or Shared Parking
  • Shared Driveway

Outdoor Features

  • In Ground Pool
  • Nearby Water Access
  • Enclosed Glass Porch

Location

  • Property is near a golf course

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number WLLS-000027-000006-000000-000468

Community Details

Recreation

  • Country Club
  • Tennis Courts

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,899

Year Built

Built in 2007

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From 195, exit 19, Wells exit, head east on Rt 109 to Rt 1. Turn right onto Post Road and follow to Summer Village on your right. GPS friendly.
  • Above Grade Finished Sq Ft: 754.0
  • Architectural Style: Cottage, Cape
  • Garage Yn: No
  • Year Built: 2007
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 754.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Carpet: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 1218.0
  • Location Information:Fee Frequency Paid: Quarterly
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Sunroom:Sunroom: Yes
  • Appliances Included:Cooktop: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Style:Cottage: Yes
  • View:TreesWoods: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Location:Near Country Club: Yes
  • Construction:Post Beam: Yes
  • Amenities:Furniture Included: Yes
  • Exterior:Fiber Cement: Yes
  • Cooling:AC Units: Yes
  • Restrictions:Pet Weight Limit: Yes
  • Amenities:Tennis Court: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher, Cooktop
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Attic, Pantry
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Subdivided
  • Pool Features: In Ground
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Fiber Cement, Post & Beam
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Slab
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 1218.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: 1 Pet, Size Limit

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: WLLS-000027-000006-000000-000468
  • Zoning: GB

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 1899.0
  • Tax Book Number: 18036
  • Tax Lot: 006
  • Tax Map Number: 0027
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Oct 23, 2024
Sold by
Ferraro Paul and Ferraro Janet
Bought by
Redford Kenneth L
Seller's Agent
Julie O'Connor
Coldwell Banker Realty
Buyer's Agent
Sarah Holt
Signature Homes Real Estate Group, LLC
List Price
$345,000
Sold Price
$338,000
Premium/Discount to List
-$7,000
-2.03%
Total Days on Market
29
Views
121
Current Estimated Value
$336,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,306
Avg. Annual Appreciation
-0.73%
Original Mortgage
$270,400
Outstanding Balance
$269,091
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,603

Purchase Details

Listed on
Aug 10, 2019
Closed on
Aug 29, 2019
Sold by
Grant Marion L
Bought by
Ferraro Paul and Ferraro Janet
Seller's Agent
Michael Thomas
Keller Williams Realty
Buyer's Agent
Brenda Hall
Compass Real Estate
List Price
$179,900
Sold Price
$174,000
Premium/Discount to List
-$5,900
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%

Purchase Details

Listed on
Apr 8, 2017
Closed on
Aug 22, 2017
Sold by
Cuff Regina T
Bought by
Grant Marion L
Seller's Agent
Janna Syrene
Bean Group
Buyer's Agent
Michael Thomas
Keller Williams Realty
List Price
$177,500
Sold Price
$168,300
Premium/Discount to List
-$9,200
-5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.65%
Original Mortgage
$134,640
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Listed on
Apr 8, 2017
Closed on
Jun 30, 2017
Sold by
Cuff Regina T and Cuff Donald J
Bought by
Cuff Regina T
Seller's Agent
Janna Syrene
Bean Group
Buyer's Agent
Michael Thomas
Keller Williams Realty
List Price
$177,500
Sold Price
$168,300
Premium/Discount to List
-$9,200
-5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,640
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2007
Sold by
Quiland Inc
Bought by
Cuff Regina T and Cuff Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.37%
Mortgage Type
Unknown

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
Redford Kenneth L $338,000 None Available
Redford Kenneth L $338,000 None Available
Ferraro Paul -- --
Ferraro Paul -- --
Grant Marion L -- --
Grant Marion L -- --
Cuff Regina T -- --
Cuff Regina T -- --
Cuff Regina T -- --
Cuff Regina T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redford Kenneth L $270,400
Closed Redford Kenneth L $270,400
Previous Owner Grant Marion L $134,640
Previous Owner Cuff Regina T $175,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Sold $338,000 -2.0% $448 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $345,000 +98.3% $458 / Sq Ft
08/30/2019 08/30/19 Sold $174,000 -3.3% $227 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/10/2019 08/10/19 For Sale $179,900 +6.9% $235 / Sq Ft
08/17/2017 08/17/17 Sold $168,300 -5.2% $281 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
04/08/2017 04/08/17 For Sale $177,500 -- $296 / 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 $1,899 $318,550 $130,290 $188,260
2022 $1,641 $156,840 $59,120 $97,720
2021 $1,650 $156,840 $59,120 $97,720
2020 $1,644 $156,840 $59,120 $97,720
2019 $1,634 $156,840 $59,120 $97,720
2018 $1,619 $156,840 $59,120 $97,720
2017 $1,593 $156,840 $59,120 $97,720
2016 $1,578 $156,840 $59,120 $97,720
2015 $1,561 $156,840 $59,120 $97,720
2013 $1,430 $156,840 $59,120 $97,720
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1601009

Maine Listings

APN: 0027 006 468 BLDG