$350,000
SOLD JUL 5, 2019

5 Marshview St Wells, ME 04090

3 Beds
1 Bath
800 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$438 Per Sq Ft

7% Below List Price

24 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Deck
  • Wells Junior High School Rated A-
  • Public Beach
  • No HOA

About This Home

As of July 2019

Wake up to the smell of salt air and the promise of more memories made -- welcome to the first morning at your beach Cottage. Families have celebrated the lure of the ocean and a summer Cottage for years, and this is your time to start making your own beach memories and traditions. With three bedrooms, there is room to invite friends and family to relax and recharge with you. Located just steps (45 second walk) to public beach access, you won't need more than a beach wagon and some bikes the whole time you're here! There is parking for a few cars, though. Enjoy your morning coffee on the upper deck off one of the bedrooms. There you will hear the crashing waves and enjoy the warm sun on your face. Downstairs is a sunny and updated family room as well as a country kitchen (add a coat of white paint for instant cottage chic) and full bathroom. You will never regret owning a beach home. There is plenty of income potential here with VBRO showing $160+/night for beach Cottage rentals!

Last Agent to Sell the Property

Nichole Fecteau

Bean Group Listed on: 05/06/2019

Last Buyer's Agent

Amy Carr

Great Island Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,309

Year Built

  • Built in 1951

Lot Details

  • 1,307 Sq Ft Lot
  • Ocean Front
  • River Front
  • Public Beach
  • Seasonal Access to Property
  • Fenced
  • Level Lot
  • Open Lot
  • Property is zoned RB

Parking

  • No Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 800 Sq Ft Home
  • Living Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Deck

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number WLLS-000128-000000-000039

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,309

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 800.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1951
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.03
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 800.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Fence: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Style:Cottage: Yes
  • Equipment:Internet Access Available: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: None, Crawl Space, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • 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

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Near Public Beach, Near Town
  • View: Scenic
  • Waterfront Features: Ocean, River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • 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: 1306.8
  • Parcel #: WLLS-000128-000000-000039
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 2309.0
  • Tax Book Number: 16808
  • Tax Lot: 39
  • Tax Map Number: 128
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Jul 5, 2019
Sold by
Krysa John J and Krysa Westie G
Bought by
Sheehan Justin
Seller's Agent
Nichole Fecteau
Bean Group
Buyer's Agent
Amy Carr
Great Island Realty, LLC
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$625,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,975
Avg. Annual Appreciation
10.52%
Original Mortgage
$332,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2013
Closed on
Apr 25, 2014
Sold by
Behm Gordon R and Kyriakoutsakos Andrew C
Bought by
Krysa Scott A and Krysa 4Th John J
Seller's Agent
Greg Gosselin
Gosselin Realty Group
Buyer's Agent
Greg Gosselin
Gosselin Realty Group
List Price
$359,900
Sold Price
$343,000
Premium/Discount to List
-$16,900
-4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.39%
Original Mortgage
$205,800
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2008
Sold by
Kyriakoutsakos Andrew C and Behm Gordon R
Bought by
Kyriakoutsakos Andrew C and Behm Gordon R

Purchase Details

Closed on
Jun 19, 2006
Sold by
Levesque Lt
Bought by
Behm Gordon R and Kyriakoutsakos Andrew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,898 Stand Alone Refi Refinance Of Original Loan
Closed $332,500 New Conventional
Previous Owner $205,800 New Conventional
Previous Owner $310,000 Unknown
Previous Owner $315,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2019 07/05/19 Sold $350,000 -6.7% $438 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $375,000 +9.3% $469 / Sq Ft
04/23/2014 04/23/14 Sold $343,000 -4.7% $429 / Sq Ft
02/22/2014 02/22/14 Pending -- -- --
10/03/2013 10/03/13 For Sale $359,900 -- $450 / 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 $2,437 $408,820 $238,230 $170,590
2022 $2,469 $236,000 $155,270 $80,730
2021 $2,483 $236,000 $155,270 $80,730
2020 $2,473 $236,000 $155,270 $80,730
2019 $2,459 $236,000 $155,270 $80,730
2018 $2,303 $227,250 $155,270 $71,980
2017 $2,309 $227,250 $155,270 $71,980
2016 $2,286 $227,250 $155,270 $71,980
2015 $2,261 $227,250 $155,270 $71,980
2013 $2,073 $227,250 $155,270 $71,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1412956

Maine Listings

APN: WLLS-000128-000000-000039