$975,000
SOLD JUL 19, 2024

5 Walker St Wells, ME 04090

-- Bed
2 Baths
1,600 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$609 Per Sq Ft

22% Below List Price

36 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Deck
  • Wells Junior High School Rated A-
  • Public Beach
  • Raised Ranch Architecture

About This Home

As of July 2024

This is 2- family home is fully remodeled, airconditioned, well styled, walking distance to the beach, and has parking for 6 cars. Home has been owner occupied for over 20 years, using the lower apartment for rental off an on. However comparable spaces this could rent for $1500-$2000 on the lower level and $4000 - $5000 on the upper apartment depending on the season. Check out the matteport tour, video.

Open Showings
Tuesday, June 4 & Wednesday June 5
4pm-6pm

Last Agent to Sell the Property

Roz Anton

EXP Realty Listed on: 05/03/2024

EXP Realty

Last Buyer's Agent

Joyce Sobus

Everett Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,302

Year Built

  • Built in 1950

Lot Details

  • 2,614 Sq Ft Lot
  • Ocean Front
  • River Front
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • Raised Ranch Architecture
  • Cottage
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,600 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Natural lighting in basement

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number WLLS-000128-000000-000049

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,302

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: Take Mile Stretch Road (past Billy's Chowder House) to the end. Left onto Atlantic Avenue, Walker Street is located just across from Public Beach #6
  • Above Grade Finished Sq Ft: 1600.0
  • Architectural Style: Cottage, Other Style, Raised Ranch
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1600.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Style:Cottage: Yes
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Basement:Sump Pump: Yes
  • Style:Raised Ranch: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Daylight, Finished, Sump Pump, Unfinished
  • Full Bathrooms: 2
  • Flooring: Tile, Composition
  • Interior Amenities: Storage
  • Stories: 2

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Public Beach
  • View: Scenic
  • Waterfront Features: Ocean, River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: WLLS-000128-000000-000049
  • Zoning: RB

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4302.0
  • Tax Book Number: 17693
  • Tax Lot: 49
  • Tax Map Number: 128
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jul 19, 2024
Sold by
Jsh Properties Llc
Bought by
Murphy Brad P and Murphy Dika
Seller's Agent
Roz Anton
EXP Realty
Buyer's Agent
Joyce Sobus
Everett Realty Group
List Price
$1,250,000
Sold Price
$975,000
Premium/Discount to List
-$275,000
-22%
Total Days on Market
36
Views
63
Current Estimated Value
$991,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,730
Avg. Annual Appreciation
1.91%
Original Mortgage
$675,000
Outstanding Balance
$670,473
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$321,257

Purchase Details

Closed on
Dec 28, 2023
Sold by
Harrington Jeffrey C and Harrington Stephanie L
Bought by
Jsh Properties Llc

Purchase Details

Closed on
Apr 11, 2018
Sold by
Bachi Charles and Bachi Phyllis J
Bought by
Harrington Stephanie L and Harrington Jeffrey
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $975,000 None Available
Warranty Deed $975,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,000 Purchase Money Mortgage
Closed $675,000 Purchase Money Mortgage
Previous Owner $185,000 New Conventional
Previous Owner $194,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $975,000 -1.0% $609 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
06/03/2024 06/03/24 Price Changed $985,000 -16.2% $616 / Sq Ft
05/08/2024 05/08/24 Price Changed $1,175,000 -6.0% $734 / Sq Ft
05/03/2024 05/03/24 For Sale $1,250,000 -- $781 / 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 $4,302 $721,890 $458,600 $263,290
2022 $4,686 $448,030 $298,690 $149,340
2021 $4,573 $434,650 $298,690 $135,960
2020 $4,288 $409,120 $298,690 $110,430
2019 $4,263 $409,120 $298,690 $110,430
2018 $4,222 $409,120 $298,690 $110,430
2017 $4,157 $409,120 $298,690 $110,430
2016 $4,116 $409,120 $298,690 $110,430
2015 $4,071 $409,120 $298,690 $110,430
2013 $3,731 $409,120 $298,690 $110,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1588345

Maine Listings

APN: WLLS-000128-000000-000049