NOT LISTED FOR SALE

493 Atlantic Ave Unit 1 Wells, ME 04090

Estimated Value: $811,000 - $1,805,028

3 Beds
2.5 Baths
1,176 Sq Ft
1.17 Acres

Last Sold March 06, 2020

Last sale price $1,020,000 $867 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,973/month

87 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Country Club
  • Wells Junior High School Rated A-
  • Public Beach
  • In Ground Pool

About This Home

As of March 2020

Are you looking for the ULTIMATE coastal retreat? This GORGEOUS waterfront home offers panoramic water views from every room. Nestled amongst two acres of unspoiled dunes is this one of a kind property with an unmatched location offering easy beach access PLUS total privacy. Open concept layout with walls of glass throughout flood the space with natural light all day long. Outdoor living has never looked so good! There is a fabulous in-ground pool and spa and multiple decks that are an extension of this picturesque home. First floor master suite with bath and two additional bedrooms upstairs offering more scenic vistas and phenomenal ocean views. There is also a fun sleeping loft or den on the third floor. Wood and tile floors throughout the home, a full basement, oil heat and a fabulous wood burning fireplace. Plenty of parking for guests. Sensational sunrises and sunsets. Expansive beach - the widest on Atlantic Avenue. This is a special property and is NOT to be MISSED!

Last Agent to Sell the Property

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 11/10/2019

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 11/10/2019

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,636

Year Built

  • Built in 1973

Lot Details

  • Ocean Front
  • River Front
  • Public Beach
  • Landscaped
  • Open Lot
  • Wooded Lot

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,176 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Loft
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Shower Only

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Nearby Water Access
  • River Nearby
  • Deck
  • Shed

Location

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Legal Lot and Block 1 / 28
  • Assessor Parcel Number 493atlanticavenuewells04090

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,636

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.17
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean & Webhannet River
  • MLS Status: Closed
  • Directions: Mile Road to Atlantic Avenue
  • Above Grade Finished Sq Ft: 1176.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1973
  • Attribution Contact: 207-468-7335
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.17
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1176.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Amenities:Pool-In Ground: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Appliances Included:Cooktop: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • View:Fields: Yes
  • Location:Near Railroad: Yes
  • Loft:Loft: Yes
  • Cooling:AC Units: Yes
  • Transportation:Rail Available: Yes
  • Roof:Wood: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher, Cooktop
  • Has Basement: Full, Not Applicable, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, Attic, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • Pool Features: In Ground
  • View: Fields, Scenic, Trees/Woods
  • Waterfront Features: Ocean, River
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Wood
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Common, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50965.2
  • Parcel #: 493atlanticavenuewells04090
  • Zoning: RB

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 13636.0
  • Tax Block: 28
  • Tax Lot: 1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2019
Closed on
Feb 27, 2020
Sold by
Pierz Marcia H and Pierz Phillip J
Bought by
Simonds Deborah A and Kolodner Stuart B
Seller's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$1,225,000
Sold Price
$1,020,000
Premium/Discount to List
-$205,000
-16.73%
Current Estimated Value
$1,308,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,014
Avg. Annual Appreciation
4.50%
Source: Public Records

Range of Values:

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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
Simonds Deborah A -- None Available
Simonds Deborah A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2022 11/05/22 Off Market $1,020,000 -- --
03/06/2020 03/06/20 Sold $1,020,000 -16.7% $867 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
11/10/2019 11/10/19 For Sale $1,225,000 -- $1,042 / 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 $13,354 $2,196,450 $1,952,630 $243,820
2023 $13,091 $2,196,450 $1,952,630 $243,820
2022 $13,878 $1,326,740 $1,147,170 $179,570
2021 $13,900 $1,321,340 $960,930 $360,410
2020 $13,848 $1,321,340 $1,147,170 $174,170
2019 $13,768 $1,321,340 $1,147,170 $174,170
2018 $13,392 $1,321,340 $1,147,170 $174,170
2017 $13,425 $1,321,340 $1,147,170 $174,170
2016 $13,293 $1,321,340 $1,147,170 $174,170
2015 $13,147 $1,321,340 $1,147,170 $174,170
2013 $12,051 $1,321,340 $1,147,170 $174,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1438726

Maine Listings

APN: WLLS-000132-000028-000000-000001