NOT LISTED FOR SALE

55 Spring St Wells, ME 04090

Estimated Value: $894,160

2 Beds
2 Baths
1,413 Sq Ft
$633/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $470,000 $333 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,359/month

126 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Cathedral Ceiling
  • Wells Junior High School Rated A-
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of April 2015

Fully renovated shingle style home in the well sought after Bourne Field neighborhood offering a one of a kind marsh and waterfall view. Features include high end finishing, energy efficient upgrades, and an aesthetically pleasing functional layout.

Last Agent to Sell the Property

Tobin Woodley

OceanView Properties Brokerage Email: info@oceanviewproperties.net Listed on: 10/06/2014

Last Buyer's Agent

Tobin Woodley

OceanView Properties Brokerage Email: info@oceanviewproperties.net Listed on: 10/06/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,580

Year Built

  • Built in 1945

Lot Details

  • 7,405 Sq Ft Lot
  • Ocean Front
  • Dirt Road
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Irrigation
  • Property is zoned RA

Home Design

  • Cape Cod Architecture
  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Shingle Siding

Interior Spaces

  • 1,413 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Water Views
  • Crawl Space

Kitchen

  • <<builtInOvenToken>>
  • Stove
  • Gas Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Shed

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Tankless Water Heater
  • Gas Water Heater
  • Water Heated On Demand

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 150
  • Assessor Parcel Number 55Spring StreetWells105150

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,580

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Head south on Route 1 from Kennebunk, turn left onto Bourne Ave., turn right onto Spring St., home is on right.
  • Above Grade Finished Sq Ft: 1413.0
  • Architectural Style: Cottage, Cape, Shingle Style
  • Year Built: 1945
  • Attribution Contact: info@oceanviewproperties.net
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1413.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Heat Fuel:Electric: Yes
  • Roof:Metal: Yes
  • Water Heater:Tankless: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Wall Oven: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Appliances Included:Gas Range: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:Shingle Style: Yes
  • Equipment:Central Vacuum: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Sunroom Amenities:Skylight8: Yes
  • Amenities:Irrigation System: Yes
  • Office Amenities:Cathedral Ceiling2: Yes
  • Sunroom Amenities:Cathedral Ceiling: Yes
  • Primary Bedroom Amenities:Gas Fireplace4: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Neighborhood, Subdivided, Irrigation System
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Exterior Features: Animal Containment System
  • Other Structures: Shed(s)
  • Roof: Metal, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Direct Vent Heater, Baseboard
  • 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: 7405.2
  • Parcel #: 55Spring StreetWells105150
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 3580.0
  • Tax Book Number: 15684
  • Tax Lot: 150
  • Tax Map Number: 105
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2014
Closed on
Apr 15, 2015
Sold by
Page Janice M
Bought by
Devery Patrick C
Seller's Agent
Tobin Woodley
OceanView Properties
Buyer's Agent
Tobin Woodley
OceanView Properties
List Price
$535,000
Sold Price
$470,000
Premium/Discount to List
-$65,000
-12.15%
Current Estimated Value
$894,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,160
Avg. Annual Appreciation
6.34%
Original Mortgage
$376,000
Interest Rate
3.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Devery Patrick C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Devery Patrick C $300,782
Closed Devery Patrick C $376,000
Closed Page Janice M $125,000
Closed Page Janice M $70,000
Closed Page Janice M $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2015 04/15/15 Sold $470,000 -12.1% $333 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
10/06/2014 10/06/14 For Sale $535,000 -- $379 / 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
2023 $5,048 $846,970 $517,270 $329,700
2022 $4,541 $434,090 $256,040 $178,050
2021 $4,567 $434,090 $212,500 $221,590
2020 $4,151 $396,050 $256,040 $140,010
2019 $4,122 $395,570 $256,040 $139,530
2018 $4,082 $395,570 $256,040 $139,530
2017 $4,019 $395,570 $256,040 $139,530
2016 $3,979 $395,570 $256,040 $139,530
2015 $3,936 $395,570 $256,040 $139,530
2013 -- $376,820 $256,040 $120,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1156577

Maine Listings

APN: WLLS-000105-000000-000150