$1,085,000
PENDING

542 Ocean Ave Wells, ME 04090

Estimated payment $6,258/month

Total Views 44
-- Bed
2 Baths
1,536 Sq Ft
$706 Price per Sq Ft

Highlights

  • Water Views
  • Deck
  • Porch
  • Wells Junior High School Rated A-
  • No HOA
  • Cooling Available

About This Home

This home is located at 542 Ocean Ave, Wells, ME 04090 and is currently priced at $1,085,000, approximately $706 per square foot. This property was built in 1968. 542 Ocean Ave is a home located in York County with nearby schools including Wells Junior High School, Wells Elementary School, and Wells High School.

Listing Agent

Michelle Lachance

The Maine Real Estate Experience Listed on: 01/10/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,680

Year Built

  • Built in 1968

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,536 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Water Views
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling Available
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number WLLS-000112-000000-000022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,680

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Water Body Name: Atlantic Ocean
  • MLS Status: Pending
  • Directions: Route 1 to Eldridge to Ocean Ave, around Moody Point and property is on your right.
  • Above Grade Finished Sq Ft: 1536.0
  • Architectural Style: Other, Ranch
  • Garage Yn: No
  • Efficiency: Ceiling Fans
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1968
  • Contract Information:List PriceSqFt: 706.38
  • Property Information:Seasonal: No
  • Water Info:Water View2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Has Basement: Exterior Entry
  • Full Bathrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Vinyl
  • Window Features: Storm Window(s)
  • Door Features: Storm Door(s)

Exterior Features

  • Waterfront: No
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Baseboard, Direct Vent Heater, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: WLLS-000112-000000-000022
  • Zoning: RB

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7680.0
  • Tax Lot: NA

Map

Range of Values:

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Value Increase
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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

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 $7,680 $1,263,180 $1,037,150 $226,030
2023 $7,529 $1,263,180 $1,037,150 $226,030
2022 $6,103 $583,490 $469,710 $113,780
2021 $6,116 $581,360 $469,710 $111,650
2020 $6,058 $578,080 $469,710 $108,370
2019 $6,024 $578,080 $469,710 $108,370
2018 $2,965 $574,670 $469,710 $104,960
2017 $5,839 $574,670 $469,710 $104,960
2016 $5,781 $574,670 $469,710 $104,960
2015 $5,718 $574,670 $469,710 $104,960
2013 $5,241 $574,670 $469,710 $104,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2026 01/10/26 Pending -- -- --
01/10/2026 01/10/26 For Sale $1,085,000 -9.6% $706 / Sq Ft
06/30/2022 06/30/22 Sold $1,200,000 +860.0% $781 / Sq Ft View Prior Sale
05/19/2022 05/19/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $125,000 -78.3% $81 / Sq Ft
12/22/2016 12/22/16 Sold $575,000 -11.5% $374 / Sq Ft View Prior Sale
10/20/2016 10/20/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $650,000 -- $423 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,200,000 None Available
Warranty Deed $1,200,000 None Available
Warranty Deed $1,200,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $960,000 Purchase Money Mortgage
Closed $960,000 Purchase Money Mortgage
Previous Owner $457,000 Purchase Money Mortgage
Previous Owner $460,000 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1649043

Maine Listings

APN: WLLS-000112-000000-000022