NOT LISTED FOR SALE

55 El Velvel Cir Wells, ME 04090

Estimated Value: $509,000 - $567,000

4 Beds
2 Baths
1,716 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $232,000 $135 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,960/month

18 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Wells Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of December 2017

Don't miss out on this great Wells cape at an awesome price! Avoid all the Route 1 traffic with this home, set on the other side of 95. You'll enjoy the convenience of being close to town, with the privacy and quiet of being west of the highway. Recent updates to the interior including the bathrooms, have been done in the past few years.. This charming home has been lovingly cared for over the past few years, and is ready for you to make it your home!

Last Agent to Sell the Property

Jesse Davies

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 10/27/2017

Last Buyer's Agent

Cathy Bame

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,991

Year Built

  • Built in 1977

Lot Details

  • 0.51 Acre Lot
  • Fenced
  • Level Lot
  • Property is zoned 3/A

Home Design

  • 1,716 Sq Ft Home
  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Garage
  • Carport
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number WLLS-000067-000000-000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,991

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Wells, take Sanford Road to El Velvel Circle. House is on the right.
  • Above Grade Finished Sq Ft: 1716.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1977
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 135.2
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.51
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1716.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Heat Fuel:Wood2: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Vehicle Storage:Carport: Yes
  • Vehicle Storage:Under: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Don't miss out on this great Wells cape at an awesome price! Avoid all the Route 1 traffic with this home, set on the other side of 95. You'll enjoy the convenience of being close to town, with the privacy and quiet of being west of the highway. Recent updates to the interior including the bathrooms, have been done in the past few years.. This charming home has been lovingly cared for over the past few years, and is ready for you to make it your home!
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: WLLS-000067-000000-000014
  • Zoning: 3/A

Tax Info

  • Tax Annual Amount: 1991.0
  • Tax Lot: 14
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 18, 2017
Sold by
Rancaniello Roseanna
Bought by
Pocheva-Smith Denitsa and Pocheva Denista
Seller's Agent
Jesse Davies
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Cathy Bame
Coldwell Banker Realty
List Price
$245,000
Sold Price
$232,000
Premium/Discount to List
-$13,000
-5.31%
Current Estimated Value
$525,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,436
Avg. Annual Appreciation
10.79%
Original Mortgage
$220,400
Outstanding Balance
$184,685
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$340,751

Purchase Details

Listed on
Jul 27, 2015
Closed on
Dec 4, 2015
Sold by
Limoli Daniel and Limoli Linda M
Bought by
Racaniello Roseanna
Seller's Agent
Christopher Hopkins
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Ali Goodwin
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$224,900
Sold Price
$205,000
Premium/Discount to List
-$19,900
-8.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$194,749
Interest Rate
3.83%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Pocheva-Smith Denitsa -- --
Pocheva-Smith Denitsa -- --
Pocheva-Smith Denitsa -- --
Racaniello Roseanna -- --
Racaniello Roseanna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pocheva-Smith Denitsa $220,400
Closed Pocheva-Smith Denitsa $220,400
Previous Owner Racaniello Roseanna $194,749
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2017 12/15/17 Sold $232,000 -5.3% $135 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $245,000 +19.5% $143 / Sq Ft
12/03/2015 12/03/15 Sold $205,000 -8.8% $119 / Sq Ft View Prior Sale
10/14/2015 10/14/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $224,900 -- $131 / 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 $2,449 $402,720 $105,980 $296,740
2023 $2,400 $402,720 $105,980 $296,740
2022 $2,195 $209,850 $48,150 $161,700
2021 $2,208 $209,850 $48,150 $161,700
2020 $21,459 $197,890 $48,150 $149,740
2019 $21,555 $197,890 $48,150 $149,740
2018 $1,946 $197,890 $48,150 $149,740
2017 $2,011 $197,890 $48,150 $149,740
2016 $23,401 $197,890 $48,150 $149,740
2015 $1,950 $196,000 $48,150 $147,850
2013 $1,788 $196,000 $48,150 $147,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1331211

Maine Listings

APN: WLLS-000067-000000-000014