NOT LISTED FOR SALE

473 Ocean Ave Wells, ME 04090

Estimated Value: $1,540,000 - $3,095,000

4 Beds
3.5 Baths
1,811 Sq Ft
$1,335/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $1,960,000 $1,082 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,514/month

9 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Country Club
  • Deck
  • Wells Junior High School Rated A-
  • Cape Cod Architecture
  • Property is near public transit

About This Home

As of November 2020

Stylish custom built home on sandy Moody Beach! Open concept Contemporary Cape loaded with fine features. Spacious living room with a very appealing wood burning fireplace and mantle, magnificent kitchen with gorgeous cabinetry, walk-in pantry, wine fridge, fantastic breakfast bar and a very intimate built-in ocean side dining area! Gorgeous walnut floors throughout the entire home with attractive tile floors in all of the bathrooms. Fabulous master bedroom suite with bath and deck overlooking the pretty yard and ocean beyond. Tech savvy property with smart home technology, whole house generator, mini split a/c , surround sound & security. Solidly built offering extreme energy efficiency. The outdoor space is otherworldly with a gorgeous seaside patio and grilling area with a truly one of a kind built-in stone cooler! Impeccable landscaping envelopes this luxurious home - arguably one of the most attractive yards on Moody Beach. This home exudes warmth & charm and is terrific for entertaining. Perfect opportunity for those looking for an elegant newer home on a spectacular lot!

Last Agent to Sell the Property

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 09/18/2020

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Diane Jousset

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,449

Year Built

  • Built in 2008

Lot Details

  • 7,841 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned RB

Parking

  • 1 Car Direct Access Garage

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Gas Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Location

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

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Tankless Water Heater
  • Gas Water Heater
  • Water Heated On Demand
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 153
  • Assessor Parcel Number WLLS-000109-000000-000153

Community Details

Overview

  • No Home Owners Association
  • Moody Beach Subdivision

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,449

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Moody Beach
  • Directions: Post Road to Eldridge Road to Ocean Avenue
  • Above Grade Finished Sq Ft: 1343.0
  • Architectural Style: Contemporary, Cape
  • Garage Yn: Yes
  • Efficiency: Tankless Water Heater
  • Year Built: 2008
  • Attribution Contact: 207-468-7335
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1343.0
  • Property Information:SqFt Finished Below Grade: 468.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: 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
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 1.0
  • Cooling:Heat Pump3: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Water Heater:Tankless: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Skylight32: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Location:Near Country Club: Yes
  • Kitchen Countertop:Quartz: Yes
  • Equipment:Generator: Yes
  • Room Features:Built-Ins30: Yes
  • Den:Den: Yes
  • Location:Near Railroad: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Vehicle Storage:Under: Yes
  • Primary Bedroom Amenities:Vaulted Ceiling15: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Primary Bedroom Amenities:Skylight4: 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: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 468.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub, Pantry, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Basement
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Rolling Slope, Landscaped, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Other, Inside Entrance, Underground

Utilities

  • Laundry Features: Upper Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Radiant, Multi-Zones, Hot Water, Baseboard
  • 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: 7840.8
  • Parcel #: WLLS-000109-000000-000153
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 16449.0
  • Tax Book Number: 14489
  • Tax Lot: 153
  • Tax Map Number: 109
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 18, 2020
Sold by
Bonita F Mcgrath Ret and Mcgrath
Bought by
K J & Eileen M Halloran Ret and Halloran
Seller's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Diane Jousset
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$1,995,000
Sold Price
$1,960,000
Premium/Discount to List
-$35,000
-1.75%
Current Estimated Value
$2,417,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,333
Avg. Annual Appreciation
6.54%
Original Mortgage
$510,400
Outstanding Balance
$460,358
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,196,569

Purchase Details

Closed on
Jun 10, 2005
Sold by
Mcgrath Bonnie F and Mcgrath David T
Bought by
Bonita F Mcgrath Ret and Mcgrath
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
K J & Eileen M Halloran Ret -- None Available
Bonita F Mcgrath Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K J & Eileen M Halloran Ret $510,400
Previous Owner Mcgrath Bonita F $750,000
Previous Owner Bonita F Mcgrath Ret $300,000
Previous Owner Bonita F Mcgrath Ret $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2022 11/05/22 Off Market $1,960,000 -- --
11/20/2020 11/20/20 Sold $1,960,000 -1.8% $1,082 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $1,995,000 -- $1,102 / 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 $17,340 $2,909,430 $2,597,710 $311,720
2022 $16,528 $1,580,080 $1,405,310 $174,770
2021 $16,607 $1,578,580 $1,405,310 $173,270
2020 $16,544 $1,578,580 $1,405,310 $173,270
2019 $16,449 $1,578,580 $1,405,310 $173,270
2018 $15,999 $1,578,580 $1,405,310 $173,270
2017 $16,038 $1,578,580 $1,405,310 $173,270
2016 $15,881 $1,578,580 $1,405,310 $173,270
2015 $15,707 $1,578,580 $1,405,310 $173,270
2013 $14,397 $1,578,580 $1,405,310 $173,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1469396

Maine Listings

APN: WLLS-000109-000000-000153