NOT LISTED FOR SALE

576 Ocean Ave Wells, ME 04090

Estimated Value: $1,755,000 - $2,087,000

4 Beds
3.5 Baths
2,664 Sq Ft
$709/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $975,000 $366 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $10,638/month

123 Days on Market

Highlights

  • Public Beach
  • Scenic Views
  • Contemporary Architecture
  • Wells Junior High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of November 2016

Come enjoy all Moody Beach has to offer in time for summer fun! This meticulously maintained, 4 Bedroom home sits across from the Bold Atlantic Ocean and has wonderful views on both the front and the back of the home because the Rachel Carson Wildlife Refuge is in your backyard! Three outside decks help you utilize the outdoor space and enjoy the views. Walk to the Public Beach access right down the road or stay inside & enjoy Central AC,Open Concept Kitchen/Living/Dining,Hardwood Floors,Large Master Suite!

Last Agent to Sell the Property

Pamela Maxon

Moody Maxon Real Estate Listed on: 05/25/2016

Last Buyer's Agent

Carolyn Weller

RE/MAX Realty One

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,422

Year Built

  • Built in 2006

Lot Details

  • 4,792 Sq Ft Lot
  • Public Beach
  • Level Lot
  • Open Lot
  • Property is zoned RB

Property Views

  • Scenic Vista
  • Woods

Home Design

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

Interior Spaces

  • 2,664 Sq Ft Home
  • Multi-Level Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Jetted Tub in Primary Bathroom
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 031
  • Assessor Parcel Number WLLS-000112-000000-000031

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,422

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From the Center of Ogunquit proceed North on Route 1 to Furbish Road on the Right. Go to End and turn LEFT onto Ocean Avenue. Look for #576 on the left.
  • Above Grade Finished Sq Ft: 2664.0
  • Architectural Style: Contemporary, Multi-Level, Shingle Style
  • Garage Yn: Yes
  • Year Built: 2006
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 365.99
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2664.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Driveway:Paved2: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Parking:Paved3: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Water:Private2: Yes
  • View:TreesWoods: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Style:Shingle Style: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Primary Bedroom Amenities:Jetted Tub6: Yes
  • Primary Bedroom Amenities:LaundryLaundry Hook-up6: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Primary Bedroom w/Bath
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: Upper
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Near Town
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: WLLS-000112-000000-000031
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 9422.0
  • Tax Lot: 031
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Nov 10, 2016
Sold by
Susan C Brown Ret and Brown
Bought by
Oddo Joseph and Matthews Lynn A
Seller's Agent
Pamela Maxon
Moody Maxon Real Estate
Buyer's Agent
Carolyn Weller
RE/MAX Realty One
List Price
$1,050,000
Sold Price
$975,000
Premium/Discount to List
-$75,000
-7.14%
Current Estimated Value
$1,887,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$912,585
Avg. Annual Appreciation
7.42%
Original Mortgage
$780,000
Outstanding Balance
$493,562
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,394,023

Purchase Details

Closed on
Aug 6, 2009
Sold by
Giacco Anthony and Giacco Enza
Bought by
Susan C Brown Ret and Brown

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Oddo Joseph -- --
Oddo Joseph -- --
Oddo Joseph -- --
Susan C Brown Ret -- --
Susan C Brown Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oddo Joseph $780,000
Closed Oddo Joseph $780,000
Previous Owner Susan C Brown Ret $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2016 11/04/16 Sold $975,000 -7.1% $366 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $1,050,000 -- $394 / 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 $10,029 $1,649,460 $983,900 $665,560
2023 $9,831 $1,649,460 $983,900 $665,560
2022 $9,959 $952,070 $489,600 $462,470
2021 $10,016 $952,070 $489,600 $462,470
2020 $9,926 $947,160 $489,600 $457,560
2019 $9,867 $946,930 $489,600 $457,330
2018 $9,772 $946,930 $489,600 $457,330
2017 $9,621 $946,930 $489,600 $457,330
2016 $9,526 $946,930 $489,600 $457,330
2015 $9,422 $946,930 $489,600 $457,330
2013 $8,636 $946,930 $489,600 $457,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1265588

Maine Listings

APN: WLLS-000112-000000-000031