NOT LISTED FOR SALE

545 Ocean Ave Wells, ME 04090

Estimated Value: $1,725,000 - $1,899,000

3 Beds
2 Baths
2,410 Sq Ft
$743/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $975,000 $405 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $10,408/month

8 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Public Beach
  • Wood Flooring
  • Wells Junior High School Rated A-
  • Ranch Style House
  • 1 Fireplace

About This Home

As of March 2019

This unique year-round oceanfront home is located in Moody Beach, a hamlet of Wells, and near to the Village of Ogunquit. Flanked by quintessential beach houses, this cheerful three bedroom, two full bath home has boundless views of the open ocean. The floor plan provides ample space for visiting friends and family, with rooms for every purpose – an ocean side sunroom, a great room with wood-burning fireplace open to the dining area, the kitchen which leads to the 4-season family room and a flexible room currently used as an office. An oceanfront location from which to design your future!

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 02/12/2019

Last Buyer's Agent

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 02/12/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,666

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • 45 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Level Lot
  • Open Lot
  • Property is zoned RB

Parking

  • 1 Car Direct Access Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Cottage
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Patio
  • Enclosed Glass Porch

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 153
  • Assessor Parcel Number WLLS-000112-000000-000153

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,666

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Directions: From route one take Furbish Road to Ocean Avenue, Take a left on Ocean Avenue Property will be on your right side. 545 Ocean Avenue.
  • Above Grade Finished Sq Ft: 1578.0
  • Architectural Style: Cottage, Ranch
  • Garage Yn: Yes
  • Year Built: 1950
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 665.4
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1578.0
  • Property Information:SqFt Finished Below Grade: 832.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Basement:Partial: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 45.0
  • Water Info:Water Frontage Owned -: 45.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Laundry Room:Laundry Room: Yes
  • Cooling:AC Units: Yes
  • Vehicle Storage:Under: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Has Basement: Walk-Out Access, Finished, Partial, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 832.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub, One-Floor Living, Shower, Storage

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Glass Enclosed, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel, Inside Entrance, Underground

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Direct Vent Heater, Hot Air
  • 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: 6534.0
  • Parcel #: WLLS-000112-000000-000153
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 15666.0
  • Tax Lot: 153
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Mar 29, 2019
Sold by
Beamis Daniel J
Bought by
Gardner Rory D
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
List Price
$1,050,000
Sold Price
$975,000
Premium/Discount to List
-$75,000
-7.14%
Current Estimated Value
$1,790,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$815,707
Avg. Annual Appreciation
9.50%

Purchase Details

Closed on
Nov 13, 2018
Sold by
Beamis Daniel J
Bought by
Veale Patrick J and Veale Karen M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gardner Rory D -- --
Gardner Rory D -- --
Veale Patrick J -- --
Veale Patrick J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $975,000 -7.1% $405 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $1,050,000 -- $436 / 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 $12,190 $2,004,890 $1,755,080 $249,810
2023 $13,444 $2,255,630 $2,005,820 $249,810
2022 $12,722 $1,216,210 $1,086,030 $130,180
2021 $12,795 $1,216,210 $1,086,030 $130,180
2020 $12,746 $1,216,210 $1,086,030 $130,180
2019 $16,067 $1,541,930 $1,357,500 $184,430
2018 $7,853 $1,541,930 $1,357,500 $184,430
2017 $15,666 $1,541,930 $1,357,500 $184,430
2016 $15,512 $1,541,930 $1,357,500 $184,430
2015 $15,342 $1,541,930 $1,357,500 $184,430
2013 $14,062 $1,541,930 $1,357,500 $184,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1404242

Maine Listings

APN: WLLS-000112-000000-000153