NOT LISTED FOR SALE

48 Gilman Ln Wells, ME 04090

Estimated Value: $918,000 - $931,000

1 Bed
1 Bath
1,176 Sq Ft
$787/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $869,000 $739 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,275/month

6 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Ranch Style House
  • Wells Junior High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2023

First time on market in almost 40 years! This lovingly cared for 1+ Bedroom year-round home just seconds to Wells Beach is the perfect spot for coastal living!
Located on a small dead end road, this gently used, immaculate property has only been occupied for 4 months per year, for past 38 years. Gorgeous light filled eat-in kitchen with see-through gas fireplace, high ceiling, beautiful tiled floor and countertops, wall oven, tons of cabinet space, including a pantry style cabinet. Kitchen steps out onto large side deck.
From the kitchen is a wide, wood floored breezeway leading into a very spacious, versatile 13 x 24 additional room (both built in 2003), with sliders to covered deck. Lower level is semi-finished on one side, perfect for guest space, play room, home gym, etc. Lots of storage on other side of basement. All windows replaced in 2003. Many upgrades over the years! Ocean views and marsh views from front deck of property. Don't miss out on this one!

Last Agent to Sell the Property

Melanie Graham

Goldfinch Realty Listed on: 08/23/2023

Last Buyer's Agent

Dan Petlon

RE/MAX Realty One License #BA919686

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,856

Year Built

  • Built in 1924

Lot Details

  • 3,485 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Street terminates at a dead end
  • Level Lot
  • Property is zoned RB

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,176 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Bonus Room
  • Water Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • No Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 124 / 124
  • Assessor Parcel Number WLLS-000122-000000-000124

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,856

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • Water Body Name: Wells Beach, Marsh views as well
  • MLS Status: Closed
  • Directions: Mile Road to Church Street, take a right onto Gilman Lane
  • Above Grade Finished Sq Ft: 1176.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1924
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 761.05
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1176.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Style:Ranch: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Bonus Room:Bonus Room: Yes
  • Appliances Included:Wall Oven: Yes
  • Roads:Dead End: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower
  • Full Basement: Yes
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Multi-Zones
  • 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: 3484.8
  • Parcel #: WLLS-000122-000000-000124
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 4856.0
  • Tax Block: 124
  • Tax Lot: 124
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Oct 2, 2023
Sold by
Clohosey Lt and Clohosey
Bought by
Simpson Ft and Simpson
Seller's Agent
Melanie Graham
Goldfinch Realty
Buyer's Agent
Dan Petlon
RE/MAX Realty One
List Price
$895,000
Sold Price
$869,000
Premium/Discount to List
-$26,000
-2.91%
Current Estimated Value
$925,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,565
Avg. Annual Appreciation
2.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simpson Ft $869,000 None Available
Simpson Ft $869,000 None Available
Simpson Ft $869,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2023 10/03/23 Sold $869,000 -2.9% $739 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $895,000 -- $761 / 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 $5,057 $831,710 $611,290 $220,420
2023 $4,775 $801,130 $611,290 $189,840
2022 $4,856 $464,210 $358,240 $105,970
2021 $4,739 $450,450 $358,240 $92,210
2020 $4,656 $444,300 $358,240 $86,060
2019 $4,630 $444,300 $358,240 $86,060
2018 $4,503 $444,300 $358,240 $86,060
2017 $4,514 $444,300 $358,240 $86,060
2016 $4,470 $444,300 $358,240 $86,060
2015 $4,421 $444,300 $358,240 $86,060
2013 $4,052 $444,300 $358,240 $86,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1569286

Maine Listings

APN: WLLS-000122-000000-000124