NOT LISTED FOR SALE

55 Ocean Ave Wells, ME 04090

Estimated Value: $1,704,000 - $5,269,743

5 Beds
2.5 Baths
1,892 Sq Ft
$1,843/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $2,050,000 $1,084 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $20,139/month

20 Days on Market

Highlights

  • 72 Feet of Waterfront
  • Wood Flooring
  • No HOA
  • Wells Junior High School Rated A-
  • 1 Fireplace
  • Cottage

About This Home

As of November 2020

RARE Moody Beach Oceanfront Property. 71.5 Feet of Prime Moody Beach Frontage. Uninterrupted Ocean AND Marsh Views. Very special location.

Last Agent to Sell the Property

Adam Parent

Keller Williams Realty Listed on: 08/22/2020

Co-Listed By

Jeremy Frantz

Keller Williams Realty

Last Buyer's Agent

Darrel Griffin

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,339

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot
  • 72 Feet of Waterfront
  • Ocean Front
  • River Front
  • Level Lot
  • Open Lot
  • Property is zoned Residential B

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 1,892 Sq Ft Home
  • 1 Fireplace
  • Water Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 028
  • Assessor Parcel Number 55OceanAvenueWells04090

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,339

Year Built

Built in 1940

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean / River
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1892.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 1189.22
  • Property Information:Seasonal: Unknown
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1892.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Wood2: Yes
  • Water Info:Waterfront Amount -: 71.5
  • Water Info:Water Frontage Owned -: 71.5
  • Style:Cottage: Yes
  • Exterior:Asbestos: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Neighborhood
  • Waterfront Features: Ocean, River
  • Waterfront: Yes
  • Construction Type: Asbestos, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced 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: 8276.4
  • Parcel #: 55OceanAvenueWells04090
  • Zoning: Residential B

Tax Info

  • Tax Annual Amount: 16338.87
  • Tax Lot: 028
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2020
Closed on
Oct 30, 2020
Sold by
Robinson Snow Bird Rt and Diguette
Bought by
Ocean Ave Llc
Seller's Agent
Adam Parent
Keller Williams Realty
Buyer's Agent
Darrel Griffin
RE/MAX Realty One
List Price
$2,250,000
Sold Price
$2,050,000
Premium/Discount to List
-$200,000
-8.89%
Current Estimated Value
$3,486,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,436,872
Avg. Annual Appreciation
10.48%

Purchase Details

Closed on
Feb 23, 2009
Sold by
Diguette Eleanor M
Bought by
Robinson Snow Bird Rt and Diguette
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 Buyer Sale Price Title Company
Ocean Ave Llc -- None Available
Ocean Ave Llc -- None Available
Ocean Ave Llc -- None Available
Robinson Snow Bird Rt -- --
Robinson Snow Bird Rt -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2020 11/02/20 Sold $2,050,000 -8.9% $1,084 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $2,250,000 -- $1,189 / 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 $26,760 $4,142,390 $2,647,610 $1,494,780
2024 $25,186 $4,142,390 $2,647,610 $1,494,780
2023 $24,689 $4,142,390 $2,647,610 $1,494,780
2022 $15,989 $1,528,540 $1,433,430 $95,110
2021 $16,496 $1,568,030 $1,433,430 $134,600
2020 $16,433 $1,568,030 $1,433,430 $134,600
2019 $16,339 $1,568,030 $1,433,430 $134,600
2018 $15,892 $1,568,030 $1,433,430 $134,600
2017 $15,931 $1,568,030 $1,433,430 $134,600
2016 $15,774 $1,568,030 $1,433,430 $134,600
2015 $15,602 $1,568,030 $1,433,430 $134,600
2013 $14,300 $1,568,030 $1,433,430 $134,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1465746

Maine Listings

APN: WLLS-000103-000000-000028

Your Personal Tour Guide

Ask me questions while you tour the home.