NOT LISTED FOR SALE

485 Ocean Ave Wells, ME 04090

Estimated Value: $2,154,000 - $4,543,000

4 Beds
3.5 Baths
4,853 Sq Ft
$740/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $3,175,000 $654 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $21,268/month

6 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 50 Feet of Waterfront
  • Wood Flooring
  • Wells Junior High School Rated A-
  • Deck
  • Main Floor Bedroom

About This Home

As of October 2020

Sandy beach oceanfront duplex on private Moody Beach. Great opportunity to own a classic beachfront home with rental flexibilty or convert to a single family home with ample square footage. Currently two units - one two bedroom & one four bedroom unit. Rent one and enjoy the other while generating terrific summer income! Full basement which includes a one car garage under with plenty of storage. Easy access to shopping, restaurants and recreation. Walk the beach all the way to Ogunquit from your front door!

Last Agent to Sell the Property

Shayna Wright

Keller Williams Realty Metropolitan Listed on: 09/01/2020

Last Buyer's Agent

Shayna Wright

Keller Williams Realty Metropolitan Listed on: 09/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,458

Year Built

  • Built in 2018

Lot Details

  • 7,405 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • Fenced
  • Landscaped
  • Irrigation

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Fiber Board Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Ceiling Fan
  • 2 Fireplaces
  • Great Room
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Radiant Heating System
  • Programmable Thermostat
  • Power Generator
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 150
  • Assessor Parcel Number WLLS-000109-000000-000150

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,458

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: Route 1 in Wells to Furbish Road. At end of Furbish Road, left onto Ocean Avenue. Property will be on the right.
  • Above Grade Finished Sq Ft: 3553.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Efficiency: Programmable Thermostat
  • Year Built: 2018
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3553.0
  • Property Information:SqFt Finished Below Grade: 1300.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat Fuel:Electric: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • Kitchen Countertop:Quartz: Yes
  • Water Heater:Tank: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Exterior:Fiber Cement: Yes
  • Washer/Dryer Other Location: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Amenities:Irrigation System: Yes
  • Exterior:Stucco: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher, Cooktop
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1300.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Bathtub, Pantry, Shower, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped, Other, Irrigation System
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Stucco, Fiber Cement, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Gravel, On Site, Garage Door Opener

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Multi-Zones, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: WLLS-000109-000000-000150
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 22458.0
  • Tax Book Number: 17097
  • Tax Lot: 150
  • Tax Map Number: 0109
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2007
Sold by
Aromando Ellen G
Bought by
Aromando Ronald A and Aromando John J
Current Estimated Value
$3,591,417
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aromando Ronald A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2022 11/05/22 Off Market $1,200,000 -- --
10/02/2020 10/02/20 Sold $3,175,000 +9.5% $654 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $2,900,000 +141.7% $598 / Sq Ft
09/14/2015 09/14/15 Sold $1,200,000 -23.8% $592 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
11/05/2014 11/05/14 For Sale $1,575,000 -- $777 / 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 $22,215 $3,727,270 $2,578,090 $1,149,180
2022 $22,766 $2,176,510 $1,395,420 $781,090
2021 $22,897 $2,176,510 $1,395,420 $781,090
2020 $22,593 $2,155,790 $1,395,420 $760,370
2019 $22,458 $2,155,290 $1,395,420 $759,870
2018 $18,203 $2,033,480 $1,395,420 $638,060
2017 $14,177 $1,395,420 $1,395,420 $0
2016 $15,590 $1,549,720 $1,395,420 $154,300
2015 $15,420 $1,549,720 $1,395,420 $154,300
2013 $14,133 $1,549,720 $1,395,420 $154,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1467055

Maine Listings

APN: WLLS-000109-000000-000150