$1,085,000
SOLD APR 1, 2026

542 Ocean Ave Wells, ME 04090

-- Bed
2 Baths
1,536 Sq Ft
6,534 Sq Ft Lot Lot

Sale Details

Date Sold: April 1, 2026

$706 Per Sq Ft

0 Day on Market

Highlights

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

About This Home

As of April 2026

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.

Last Agent to Sell the Property

Michelle Lachance

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

Last Buyer's 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
  • Property fronts a freeway

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

Location

  • Property is near golf course and shops

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

6,534 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • 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
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2026
Closed on
Mar 26, 2026
Sold by
Hamilton Scott and Hamilton Nicole
Bought by
Pierce Matthew and Pierce Jennifer
Seller's Agent
Michelle Lachance
The Maine Real Estate Experience
Buyer's Agent
Michelle Lachance
The Maine Real Estate Experience
List Price
$1,085,000
Sold Price
$1,085,000
Views
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
116.09%
Original Mortgage
$759,500
Outstanding Balance
$759,500
Interest Rate
6.01%
Mortgage Type
New Conventional
Estimated Equity
$394,485

Purchase Details

Listed on
Mar 21, 2022
Closed on
Jun 30, 2022
Sold by
White Goldens Llc
Bought by
Hamilton Scott and Hamilton Nicole
Seller's Agent
Michelle Lachance
Y-Gull & Associates
Buyer's Agent
Don Wunder
RE/MAX Realty One
List Price
$125,000
Sold Price
$1,200,000
Premium/Discount to List
$1,075,000
860%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.64%
Original Mortgage
$960,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2017
Sold by
Lachance Michelle and Lachance Robert N
Bought by
White Goldens Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2017
Sold by
White Goldens Llc
Bought by
Lachance Robert and Lachance Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 11, 2016
Closed on
Feb 17, 2017
Sold by
Lachance Robert and Lachance Michelle L
Bought by
White Goldens Llc
Seller's Agent
Steve Weigel
Y-Gull & Associates
Buyer's Agent
Steve Weigel
Y-Gull & Associates
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$460,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 11, 2016
Closed on
Dec 29, 2016
Sold by
Beamis Daniel
Bought by
Lachance Robert and Lachance Michelle
Seller's Agent
Steve Weigel
Y-Gull & Associates
Buyer's Agent
Steve Weigel
Y-Gull & Associates
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,085,000 --
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 $759,500 New Conventional
Previous Owner $960,000 Purchase Money Mortgage
Previous Owner $457,000 Purchase Money Mortgage
Previous Owner $460,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2026 04/01/26 Sold $1,085,000 0.0% $706 / Sq Ft
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

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
2025 $8,160 $1,263,180 $1,037,150 $226,030
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

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1649043

Maine Listings

APN: WLLS-000112-000000-000022

Your Personal Tour Guide

Ask me questions while you tour the home.