NOT LISTED FOR SALE

55 Ocean Ave Wells, ME 04090

Wells Area

Estimated Value: $3,501,321

5 Beds
2.5 Baths
1,892 Sq Ft
$1,851/Sq Ft Est. Value

Sale Details

Date Sold: November 2, 2020

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

Est. 71% increase in value since last sale

Current estimated payment $20,811 / mo

20 Days on Market

Highlights

  • 72 Feet of Waterfront
  • 1 Fireplace
  • Cottage
  • Wood Flooring
  • No HOA
  • Forced Air Heating System

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

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2020
Closed on
Oct 30, 2020
Sold by
Bought by
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
$3,501,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,451,321
Avg. Annual Appreciation
9.76%

Purchase Details

Closed on
Feb 23, 2009
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Maine Listings

MLS Number: 1465746

Maine Listings

APN: WLLS-000103-000000-000028

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