NOT LISTED FOR SALE

577 Ocean Ave Wells, ME 04090

Estimated Value: $1,666,000 - $1,999,877

3 Beds
2 Baths
2,034 Sq Ft
$889/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $970,000 $477 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $11,843/month

162 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Nearby Water Access
  • Country Club
  • Wells Junior High School Rated A-
  • Public Beach
  • Cape Cod Architecture

About This Home

As of September 2020

''On The Rocks'' is a classic waterfront home on a gorgeous lot offering terrific privacy. Fantastic living room with a wood burning fireplace and original pine floors, spacious kitchen and a water side dining area with amazing ocean views. There is also a spacious sun porch and a cozy den off of the living room. The water views go on for miles & the sands of Moody Beach are just steps away from this very special property. Full basement, one car garage & waterfront patio. Easy access to shops, galleries, restaurants and fine dining! A fantastic buy for waterfront property at Moody Beach!

Last Agent to Sell the Property

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 02/18/2020

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 02/18/2020

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,610

Year Built

  • Built in 1949

Lot Details

  • 4,792 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned RB

Parking

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

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,034 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Water Views

Kitchen

  • Electric Range
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Deck
  • Patio
  • Shed
  • Outbuilding

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 148
  • Assessor Parcel Number WLLS-000112-000000-000148

Community Details

Overview

  • No Home Owners Association
  • Moody Beach Subdivision

Amenities

  • Community Storage Space

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,610

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Moody Beach
  • Above Grade Finished Sq Ft: 2034.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1949
  • Attribution Contact: 207-468-7335
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2034.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Location:Near Country Club: Yes
  • Exterior:Aluminum Siding: Yes
  • Vehicle Storage:Under: Yes
  • Transportation:Rail Available: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Amenities:Home Warranty: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal
  • Has Basement: Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • 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: Second

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding, Aluminum Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance, Underground

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot 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: 4791.6
  • Parcel #: WLLS-000112-000000-000148
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 14610.0
  • Tax Book Number: 9813
  • Tax Lot: 148
  • Tax Map Number: 112
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Sep 26, 2020
Sold by
Annese Ft
Bought by
Hall Harry T
Seller's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$1,095,000
Sold Price
$970,000
Premium/Discount to List
-$125,000
-11.42%
Current Estimated Value
$1,928,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$958,966
Avg. Annual Appreciation
15.28%
Original Mortgage
$679,000
Outstanding Balance
$610,718
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,322,304
Source: Public Records

Range of Values:

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Average Value
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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
Hall Harry T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Harry T $679,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2022 11/05/22 Off Market $970,000 -- --
09/30/2020 09/30/20 Sold $970,000 -11.4% $477 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $1,095,000 -- $538 / 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 $14,277 $2,395,460 $1,861,580 $533,880
2022 $12,438 $1,189,090 $1,006,270 $182,820
2021 $11,757 $1,117,590 $1,006,270 $111,320
2020 $12,200 $1,164,110 $1,006,270 $157,840
2019 $14,752 $1,415,730 $1,257,890 $157,840
2018 $14,296 $1,415,730 $1,257,890 $157,840
2017 $14,366 $1,413,980 $1,257,890 $156,090
2016 $14,225 $1,413,980 $1,257,890 $156,090
2015 $13,982 $1,405,230 $1,257,890 $147,340
2013 $12,816 $1,405,230 $1,257,890 $147,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1444787

Maine Listings

APN: WLLS-000112-000000-000148