NOT LISTED FOR SALE

5 Morison Ave Wells, ME 04090

Estimated Value: $448,000 - $584,000

3 Beds
1 Bath
1,148 Sq Ft
$470/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $380,000 $331 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,198/month

5 Days on Market

Highlights

  • Public Beach
  • Country Club
  • Ranch Style House
  • Wells Junior High School Rated A-
  • Property is near golf course and public transit
  • Sun or Florida Room

About This Home

As of June 2021

Amazing location less than one mile to Wells Harbor! This cute one level ranch would make the perfect year round or second home with three bedrooms and a finished sunroom. The large lot has lots of potential for many gardens and you can smell the ocean from the yard. Adorable living area with lots of natural light and a cozy gas fireplace. This home is being sold as is.

Last Agent to Sell the Property

Cyndi Smith

Smith & Company Realty Brokerage Phone: 207-475-8480 Listed on: 05/12/2021

Co-Listed By

Caroline Smith

Smith & Company Realty Brokerage Phone: 207-475-8480

Last Buyer's Agent

Caroline Smith

Smith & Company Realty Brokerage Phone: 207-475-8480

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,288

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • Public Beach
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned RA

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,148 Sq Ft Home
  • Living Room
  • Sun or Florida Room
  • Stove
  • Laundry on main level

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Crawl Space

Location

  • Property is near golf course and public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number WLLS-000135-000000-000032

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,288

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Co List Office Phone: 207-475-8480
  • MLS Status: Closed
  • Directions: Head towards Wells Harbor and take a right on Morison, it is the first home on the right, corner lot.
  • Above Grade Finished Sq Ft: 1148.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1950
  • Attribution Contact: 207-475-8480
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 347.56
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.38
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1148.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Living Room:Living Room: Yes
  • Style:Ranch: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Location:Near Country Club: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard
  • 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: 16552.8
  • Parcel #: WLLS-000135-000000-000032
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 2288.0
  • Tax Lot: 32
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 28, 2021
Sold by
Owens Kathryn M
Bought by
Ford Lisa and Balcom Thomas
Seller's Agent
Cyndi Smith
Smith & Company Realty
Buyer's Agent
Caroline Smith
Smith & Company Realty
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Current Estimated Value
$563,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,443
Avg. Annual Appreciation
7.94%
Original Mortgage
$304,000
Outstanding Balance
$274,634
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$264,549

Purchase Details

Closed on
Sep 22, 2014
Sold by
Arnold Edward B and Arnold Nancy A
Bought by
Arnold Edward B
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
Ford Lisa -- Misc Company
Ford Lisa -- Misc Company
Ford Lisa -- Misc Company
Arnold Edward B -- --
Arnold Edward B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Lisa $304,000
Closed Ford Lisa $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $380,000 -4.8% $331 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $399,000 -- $348 / 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 $3,258 $535,930 $267,120 $268,810
2023 $3,194 $535,930 $267,120 $268,810
2022 $2,525 $241,400 $108,020 $133,380
2021 $2,540 $241,400 $108,020 $133,380
2020 $2,301 $219,590 $108,020 $111,570
2019 $2,288 $219,590 $108,020 $111,570
2018 $2,012 $219,590 $108,020 $111,570
2017 $2,231 $219,590 $108,020 $111,570
2016 $2,209 $219,590 $108,020 $111,570
2015 $2,185 $219,590 $108,020 $111,570
2013 $2,003 $219,590 $108,020 $111,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1491372

Maine Listings

APN: WLLS-000135-000000-000032