NOT LISTED FOR SALE

490 Chapel Rd Wells, ME 04090

Estimated Value: $570,695 - $652,000

2 Beds
2 Baths
3,590 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $397,000 $111 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,490/month

68 Days on Market

Highlights

  • Public Beach
  • Country Club
  • Property is near public transit
  • Wells Elementary School Rated A-
  • Contemporary Architecture
  • Recreation Room

About This Home

As of November 2021

Spacious & bright, this 2 bedroom 2 bathroom one-floor-living home has had recent upgrades. Enter into a cathedral ceilinged great room with a partial wall separating the kitchen and laundry/pantry. There are 2 bedrooms with ample closet space and a walkthrough full bathroom that includes 2 vanities. With a 3 season room at the back of the house, you can relax in privacy and warm up with a wood stove on those chillier nights. In the step-down living room, you can exit onto a brick patio and the expansive side yard. The finished basement has a full bathroom, two separate rooms and extra living space, ideal for a home office, media room or an in-home gym. There is plenty of room in this contemporary ranch to spread out in comfort. A one car detached garage has a side entry door with room for a car and additional storage. Close to the turnpike, train station, Route 1 and four local beaches, this location is more than convenient.

Mechanical lockbox

Last Agent to Sell the Property

Anne Banfield

Portside Real Estate Group Listed on: 10/14/2021

Co-Listed By

Rebecca Bassett

Portside Real Estate Group

Last Buyer's Agent

Anne Banfield

Portside Real Estate Group Listed on: 10/14/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,448

Year Built

  • Built in 1998

Lot Details

  • 0.55 Acre Lot
  • Public Beach
  • Landscaped
  • Wooded Lot
  • Property is zoned RA

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Brick Veneer
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Great Room
  • Living Room
  • Recreation Room
  • Sun or Florida Room
  • Screened Porch
  • Finished Basement
  • Sump Pump

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Location

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Well
  • Septic System

Additional Features

  • Patio
  • Mobile Home Park

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number WLLS-000050-000000-000007

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,448

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3189
  • Co List Office Phone: 207-204-0465
  • MLS Status: Closed
  • Directions: From turnpike head east. Take right at first set of lights. Property on right.
  • Above Grade Finished Sq Ft: 1795.0
  • Architectural Style: Contemporary, Ranch
  • Garage Yn: Yes
  • Year Built: 1998
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.55
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1795.0
  • Property Information:SqFt Finished Below Grade: 1795.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Vehicle Storage:Detached: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Appliances Included:Cooktop: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Mobile Home Park: Yes
  • Site:Wooded: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Great Room:Great Room: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Room Features:Heat Stove29: Yes
  • Location:Near Country Club: Yes
  • Basement:Sump Pump: Yes
  • Laundry Room:Laundry Room: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Sunroom Amenities:Three-Season: Yes
  • Other Room Amenities 1:Rec Room: Yes
  • Room Features:Rec Room10: Yes
  • Exterior:Brick Veneer: Yes
  • Sunroom Amenities:Heat Stove: 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, Dishwasher, Cooktop
  • Has Basement: Finished, Sump Pump, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1795.0
  • Fireplace: No
  • Interior Amenities: Bathtub, Shower, Storage
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Landscaped, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Brick Veneer, Wood Frame
  • Patio And Porch Features: Glass Enclosed, Patio, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23958.0
  • Parcel #: WLLS-000050-000000-000007
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 2448.0
  • Tax Book Number: 11735
  • Tax Lot: 7
  • Tax Map Number: 50
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 12, 2021
Sold by
Quiland Inc
Bought by
Lightbody Jon C and Lightbody Susan
Seller's Agent
Anne Banfield
Portside Real Estate Group
Buyer's Agent
Anne Banfield
Portside Real Estate Group
List Price
$400,000
Sold Price
$397,000
Premium/Discount to List
-$3,000
-0.75%
Current Estimated Value
$609,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,928
Avg. Annual Appreciation
11.67%
Original Mortgage
$197,000
Outstanding Balance
$182,446
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$418,727

Purchase Details

Closed on
Oct 4, 2006
Sold by
Hall Jonathan P
Bought by
Chapel Road Props Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 2006
Sold by
Tupper Peter J
Bought by
Hall Jonathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Lightbody Jon C -- None Available
Chapel Road Props Llc -- --
Hall Jonathan P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lightbody Jon C $197,000
Previous Owner Hall Jonathan P $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $397,000 -0.8% $111 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $400,000 -- $111 / 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 $3,043 $510,580 $107,760 $402,820
2022 $2,551 $243,850 $48,960 $194,890
2021 $2,565 $243,850 $48,960 $194,890
2020 $2,448 $233,560 $48,960 $184,600
2019 $2,434 $233,560 $48,960 $184,600
2018 $2,367 $233,560 $48,960 $184,600
2017 $2,373 $233,560 $48,960 $184,600
2016 $2,350 $233,560 $48,960 $184,600
2015 $2,324 $233,560 $48,960 $184,600
2013 $2,130 $233,560 $48,960 $184,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1503883

Maine Listings

APN: WLLS-000050-000000-000007