NOT LISTED FOR SALE

544 Loop Rd Wells, ME 04090

Estimated Value: $536,000 - $739,000

2 Beds
1.5 Baths
4,230 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 25, 2017

Last sale price $137,250 $32 Per Sq Ft

Est. 378% increase in value since last sale

Current estimated payment $3,770/month

139 Days on Market

Highlights

  • Nearby Water Access
  • View of Trees or Woods
  • Hot Water Heating System
  • Wells Junior High School Rated A-
  • No HOA
  • Concrete Flooring

About This Home

As of September 2017

Great Opportunity For The Right Buyer. Large 4000+ Sq Ft Steel building in the rural residential Zone that has lost its grandfathered commercial status. The upper floor was intended to be a residential unit which was never built out but must now be established per zoning. Ideal for car or equipment storage, Builder or any one who needs lots of dry storage or open work space along with a place to live. Build the living unit out and rent it which would just about cover a mortgage. Many possibilities.

Last Agent to Sell the Property

Steve Weigel

Coldwell Banker Y-Gull & Associates Listed on: 03/31/2017

Coldwell Banker Y-Gull & Associates

Last Buyer's Agent

Timothy Gowen

The Ramsdell Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,025

Year Built

  • Built in 1998

Lot Details

  • 0.91 Acre Lot
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Steel Frame
  • Metal Roof
  • Metal Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,230 Sq Ft Home
  • Multi-Level Property
  • Concrete Flooring
  • Views of Woods

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 31 B
  • Assessor Parcel Number WLLS-000024-000031-000000-B000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,025

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.91
  • MLS Status: Closed
  • Directions: From Ogunquit North on RT 1 into Wells, Left on 9B Littlefield Rd For Approx 3 miles. Building on Corner of 9B and Loop Rd
  • Above Grade Finished Sq Ft: 4230.0
  • Architectural Style: Multi-Level, Other Style
  • Year Built: 1998
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.91
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 4230.0
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Foundation Materials:Slab: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Style:Multi-Level: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Exterior:Metal Clad: Yes
  • Floors:Concrete2: Yes
  • Construction:Steel Frame: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Partial, Walk-Out Access
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Near Town, Neighborhood
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Metal Clad, Steel Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 39639.6
  • Parcel #: WLLS-000024-000031-000000-B000000
  • Zoning: R

Tax Info

  • Tax Annual Amount: 2025.0
  • Tax Book Number: 2716
  • Tax Lot: 31 B
  • Tax Map Number: 0024
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
Sep 26, 2017
Sold by
Valdes John R
Bought by
Sanford Road Rt
Seller's Agent
Steve Weigel
Coldwell Banker Y-Gull & Associates
Buyer's Agent
Timothy Gowen
The Ramsdell Agency
List Price
$189,500
Sold Price
$137,250
Premium/Discount to List
-$52,250
-27.57%
Current Estimated Value
$656,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,351
Avg. Annual Appreciation
21.46%
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 Buyer Sale Price Title Company
Sanford Road Rt -- --
Sanford Road Rt -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2017 09/25/17 Sold $137,250 -27.6% $32 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $189,500 -- $45 / 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 $3,463 $569,620 $123,710 $445,910
2023 $3,395 $569,620 $123,710 $445,910
2022 $2,916 $278,750 $58,660 $220,090
2021 $2,932 $278,750 $58,660 $220,090
2020 $2,627 $250,710 $58,660 $192,050
2019 $2,117 $203,180 $58,660 $144,520
2018 $2,050 $203,180 $58,660 $144,520
2017 $2,064 $203,180 $58,660 $144,520
2016 $2,025 $201,340 $60,800 $140,540
2015 $2,003 $201,340 $60,800 $140,540
2013 $1,836 $201,340 $60,800 $140,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1299956

Maine Listings

APN: WLLS-000024-000031-000000-B000000