NOT LISTED FOR SALE

48-50 Fifth Ave Wells, ME 04090

Estimated Value: $831,000 - $1,051,000

2 Beds
1 Bath
828 Sq Ft
$1,090/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $950,000 $1,147 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,085/month

Highlights

  • Ocean Front
  • Access to Tidal Water
  • 4 Acre Lot
  • Wells Junior High School Rated A-
  • Public Beach
  • Deck

About This Home

As of September 2022

This amazing cottage with an extra lot has amazing Rachel Carson Marsh side views, sunsets that can't be captures in photos, quiet classic coastal Maine with each season offering breath taking views - this year-round abode has been home to generations of one family. Great light filters this quaint cottage 12 months a year. Let your family memories begin here!

Last Agent to Sell the Property

Tracy McCarty

The Aland Realty Group, LLC Listed on: 10/03/2022

Last Buyer's Agent

Tracy Jackson McCarty

207 Prime Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,385

Lot Details

  • 4 Acre Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Dirt Road
  • Public Beach
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned RB

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Cottage
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 828 Sq Ft Home
  • Living Room
  • Dining Room
  • Screened Porch
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Basement

  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Access to Tidal Water
  • Deck

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Near Conservation Area

Listing and Financial Details

  • Exclusions: Washer and Dryer
  • Tax Lot 128-33/128-32
  • Assessor Parcel Number 0128/033777

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,385

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.0
  • Road Surface Type: Gravel
  • Water Body Name: Atlantic Ocean - Rachel Carson - Marsh
  • MLS Status: Closed
  • Directions: Mile Road to Atlantic Avenue - take a left onto Marshview Street, then a left onto 5th Avenue - 48-50 is on your right - double lot
  • Above Grade Finished Sq Ft: 828.0
  • Architectural Style: Cottage, Ranch
  • Garage Yn: No
  • Year Built: 999
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 1117.15
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 828.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Roads:GravelDirt: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Water Info:Island3: No
  • Location:Abuts Conservation: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Rail Available: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Dirt Floor, None, Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Abuts Conservation, Near Public Beach, Near Turnpike/Interstate, Near Town
  • View: Scenic
  • Waterfront Features: Bay, Ocean
  • Waterfront: No
  • Exclusions: Washer and Dryer
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Glass Enclosed, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 174240.0
  • Parcel #: 0128/033777
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 2384.85
  • Tax Lot: 128-33/128-32
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Chadbourne Lt and Chadbourne
Bought by
Dalton Sarah and Dalton Matthew
Current Estimated Value
$902,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 3, 2022
Closed on
Sep 20, 2022
Sold by
Lacey Ft and Cheney
Bought by
Chadbourne Lt and Chadbourne
Seller's Agent
Tracy McCarty
The Aland Realty Group, LLC
Buyer's Agent
Tracy Jackson McCarty
207 Prime Properties, LLC
List Price
$925,000
Sold Price
$950,000
Premium/Discount to List
$25,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.60%

Purchase Details

Closed on
Aug 19, 2021
Sold by
Lacey Harriet L
Bought by
Lacey Ft and Cheney
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dalton Sarah $800,000 None Available
Dalton Sarah $800,000 None Available
Dalton Sarah $800,000 None Available
Dalton Sarah $800,000 None Available
Chadbourne Lt $950,000 None Available
Chadbourne Lt $950,000 None Available
Chadbourne Lt $950,000 None Available
Chadbourne Lt $950,000 None Available
Lacey Ft -- None Available
Lacey Ft -- None Available
Lacey Ft -- None Available
Lacey Ft -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dalton Sarah $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 For Sale $925,000 -2.6% $1,117 / Sq Ft
09/23/2022 09/23/22 Sold $950,000 -- $1,147 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
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 $4,241 $697,530 $539,520 $158,010
2023 $4,157 $697,530 $539,520 $158,010
2022 $4,190 $400,620 $319,600 $81,020
2021 $4,210 $400,150 $319,600 $80,550
2020 $4,194 $400,150 $319,600 $80,550
2019 $3,820 $366,560 $319,600 $46,960
2018 $3,612 $366,560 $319,600 $46,960
2017 $3,724 $366,560 $319,600 $46,960
2016 $3,688 $366,560 $319,600 $46,960
2015 $3,647 $366,560 $319,600 $46,960
2013 $3,343 $366,560 $319,600 $46,960
Source: Public Records

Agents Affiliated with this Home

  • Tracy McCarty

    Seller's Agent in 2022

    Tracy McCarty

    The Aland Realty Group, LLC

    (207) 641-5119

    6 in this area

    93 Total Sales

    Tracy McCarty
    Section Image

  • T

    Buyer's Agent in 2022

    Tracy Jackson McCarty

    207 Prime Properties, LLC

See All Agents

Map

Source: Maine Listings

MLS Number: 1544816

Maine Listings

APN: WLLS-000128-000000-000033

Maine York County Wells 04090

48-50 Fifth Ave, Wells, ME

Not Listed for Sale

Detached

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