$1,680,574
SOLD SEP 10, 2025

554 Ocean Ave Wells, ME 04090

4 Beds
2.5 Baths
2,313 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$727 Per Sq Ft

11% Below List Price

164 Days on Market

Highlights

  • Water Views
  • Nearby Water Access
  • Deck
  • Wells Junior High School Rated A-
  • Country Club
  • Contemporary Architecture

About This Home

As of September 2025

Fantastic MARSH and OCEAN views from this Moody Beach Contemporary Shingle Style home on a beautifully landscaped lot! The layout of this eye-catching home offers the perfect set up for guests with its reverse floor plan & very functional bedroom and bathroom set-up. The welcoming first floor starts with a practical tiled entry with storage, a cozy den with lovely built-ins and a delightful sunroom. Also located on the first floor are two guest bedrooms along with a full bath. The second floor living space is just amazing with its impressive open concept layout with east/west exposure letting in both morning and afternoon light throughout the day. The open concept living/dining/kitchen combination space is an awesome setting for entertaining friends and family and the views are legendary. The rich-looking fireplace in the living room currently has a gas insert but it could be used as a wood-burning fireplace if you wish. There is also a half bath and a laundry area located on the second floor. The two spacious bedrooms on the third floor offer high ceilings and either OCEAN or MARSH views. The primary bedroom also offers an ocean facing deck. There are beautiful hardwood floors throughout most of the home and an impressive staircase from top to bottom. Great outdoor space - take your pick of either a marsh or ocean view from one of the three decks! The lot is meticulously landscaped and offers a stylish built-in fire pit along with ample parking - enough spaces for 10 cars if needed. Just a two minute walk to the beach from this very attractive home. Easy access to casual and fine dining, galleries, shopping, summer theater, boating and other recreation. Only minutes in each direction from the popular seaside villages of York, Ogunquit & Kennebunkport. The appealing working waterfront cities of Portsmouth and Portland are 25 and 35 miles respectively. Start making your dream of a coastal lifestyle a reality!

Last Agent to Sell the Property

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 01/09/2025

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Glenn Thibodeau

RE/MAX Shoreline

RE/MAX Shoreline

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,605

Year Built

  • Built in 1995

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned RB

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,313 Sq Ft Home
  • Multi-Level Property
  • Built-In Features
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathtub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Balcony
  • Deck
  • Shed

Location

  • Property is near golf course and public transit

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number WLLS-000112-000000-000025

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,605

Year Built

Built in 1995

Lot Details

0

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: Route 1/Post Road to Eldridge Road to Ocean Avenue
  • Above Grade Finished Sq Ft: 2313.0
  • Architectural Style: Shingle, Other, Contemporary
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1995
  • Attribution Contact: 207-468-7335
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 776.05
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2313.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: 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:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Crawl Space: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Room Features:Built-Ins30: Yes
  • Location:Abuts Conservation: Yes
  • Den:Den: Yes
  • Room Features:BalconyDeck17: Yes
  • Location:Near Railroad: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Style:Shingle Style: Yes
  • Transportation:Rail Available: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Den Amenities:Built-Ins7: Yes
  • Bedroom Amenities 3:Vaulted Ceiling3: Yes
  • Bedroom Amenities 4:BalconyDeck4: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Bedroom Amenities 4 Vaulted Ceiling4: Yes
  • Advertising Remarks:Advertising Remarks: Fantastic MARSH and OCEAN views from this Moody Beach Contemporary Shingle Style home on a beautifully landscaped lot! The layout of this eye-catching home offers the perfect set up for guests with its reverse floor plan & very functional bedroom and bathroom set-up. The welcoming first floor starts with a practical tiled entry with storage, a cozy den with lovely built-ins and a delightful sunroom. Also located on the first floor are two guest bedrooms along with a full bath. The second floor living space is just amazing with its impressive open concept layout with east/west exposure letting in both morning and afternoon light throughout the day. The open concept living/dining/kitchen combination space is an awesome setting for entertaining friends and family and the views are legendary. The rich-looking fireplace in the living room currently has a gas insert but it could be used as a wood-burning fireplace if you wish. There is also a half bath and a laundry area located on the second floor. The two spacious bedrooms on the third floor offer high ceilings and either OCEAN or MARSH views. The primary bedroom also offers an ocean facing deck. There are beautiful hardwood floors throughout most of the home and an impressive staircase from top to bottom. Great outdoor space - take your pick of either a marsh or ocean view from one of the three decks! The lot is meticulously landscaped and offers a stylish built-in fire pit along with ample parking - enough spaces for 10 cars if needed. Just a two minute walk to the beach from this very attractive home. Easy access to casual and fine dining, galleries, shopping, summer theater, boating and other recreation. Only minutes in each direction from the popular seaside villages of York, Ogunquit & Kennebunkport. The appealing working waterfront cities of Portsmouth and Portland are 25 and 35 miles respectively. Start making your dream of a coastal lifestyle a reality!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Levels:Multi-Level: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Third
  • Bedroom 4 Bedroom 4 Level: Third
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Well Landscaped, Open, Level, Abuts Conservation, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • View: Scenic
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Off Street

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Hot Water, Direct Vent Furnace, 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: 6534.0
  • Parcel #: WLLS-000112-000000-000025
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 9605.0
  • Tax Lot: 25
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Sep 10, 2025
Sold by
Premo Gary A and Premo Nadine A
Bought by
Sampson
Seller's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Glenn Thibodeau
RE/MAX Shoreline
List Price
$1,895,000
Sold Price
$1,680,575
Premium/Discount to List
-$214,426
-11.32%
Views
233
Current Estimated Value
$1,706,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,864
Avg. Annual Appreciation
4.10%
Original Mortgage
$600,000
Outstanding Balance
$597,904
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$1,108,534

Purchase Details

Closed on
Apr 7, 2005
Sold by
Patricia F Clancey Ret and Clancey
Bought by
Premo Gary A and Premo Nadine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $1,680,574 --
Warranty Deed $1,680,574 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Closed $600,000 New Conventional
Previous Owner $623,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2025 09/10/25 Sold $1,680,575 -6.4% $727 / Sq Ft
04/05/2025 04/05/25 Price Changed $1,795,000 -5.3% $776 / Sq Ft
01/09/2025 01/09/25 For Sale $1,895,000 -- $819 / 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
2024 $9,798 $1,611,560 $1,037,150 $574,410
2023 $9,605 $1,611,560 $1,037,150 $574,410
2022 $9,439 $902,400 $516,690 $385,710
2021 $9,493 $902,400 $516,690 $385,710
2020 $8,423 $803,700 $516,690 $287,010
2019 $8,372 $803,470 $516,690 $286,780
2018 $8,143 $803,470 $516,690 $286,780
2017 $8,163 $803,470 $516,690 $286,780
2016 $8,083 $803,470 $516,690 $286,780
2015 $7,995 $803,470 $516,690 $286,780
2013 $7,328 $803,470 $516,690 $286,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1612230

Maine Listings

APN: WLLS-000112-000000-000025