Seller's Agent in 2020
Jill McTague
RE/MAX
(781) 956-6862
20 in this area
152 Total Sales
Estimated Value: $389,000 - $555,000
2
Beds
1
Bath
520
Sq Ft
$274/mo
HOA Fee
Highlights
- Nearby Water Access
- Public Beach
- Cottage
- Wells Junior High School Rated A-
- Main Floor Bedroom
- Cooling Available
About This Home
As of November 2020Here is a rare opportunity to own a year round home just across the street from the Atlantic Ocean! The location is what makes this home so special but it is the remodeled interior that will make you fall in love. Just steps to the beach, this cozy cottage is nestled amongst a spectacular coastal community with close proximity to beaches, restaurants, shops and all the activities that Wells has to offer. The floor plan encompasses two bedrooms, a bright and cheery kitchen that flows into the sun-splashed living room with cathedral ceilings and a unique bonus loft space perfect for an office, kids play or storage. This home is the perfect beach rental or your own personal summer home. Having both options make it the perfect investment. A brand new Weil McLain, wall mounted, gas fired heating system installed in 2020, an outdoor shower and 2 car driveway make this home the best deal in Wells.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,986
Year Built
- Built in 1954
Lot Details
- Public Beach
- Landscaped
HOA Fees
- $274 Monthly HOA Fees
Home Design
- Cottage
- Bungalow
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 520 Sq Ft Home
- Laminate Flooring
Kitchen
- Gas Range
- Microwave
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- 1 Full Bathroom
- Shower Only
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Exterior Basement Entry
- Crawl Space
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Utilities
- Cooling Available
- Heating System Uses Propane
- Heat Pump System
- Radiant Heating System
Additional Features
- Nearby Water Access
- Property is near a golf course
Community Details
- 8 Buildings
- Coastal Condominiums Subdivision
Listing and Financial Details
- Legal Lot and Block 031 / 3C
- Assessor Parcel Number WLLS-000125-000031-000000-000003C
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2020
Closed on
Nov 12, 2020
Sold by
Vanderzouwen Mark and Vanderzouwen Bonnie
Bought by
Lane Bernard J and Lane Tracy L
Seller's Agent
Jill McTague
ReMax Andrew Realty Services
Buyer's Agent
Karen St Peter
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$325,000
Sold Price
$328,000
Premium/Discount to List
$3,000
0.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,599
Avg. Annual Appreciation
6.86%
Original Mortgage
$228,000
Outstanding Balance
$202,888
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$251,711
Purchase Details
Listed on
Sep 18, 2018
Closed on
Dec 18, 2018
Sold by
Reppucci Edward
Bought by
Vanderzouwen Mark and Vanderzouwen Bonnie
Seller's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Jill McTague
ReMax Andrew Realty Services
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$216,000
Interest Rate
4.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2005
Sold by
Sargent Lisa G and Sargent Robert M
Bought by
Reppucci Debra and Reppucci Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lane Bernard J | -- | None Available | |
| Lane Bernard J | -- | None Available | |
| Vanderzouwen Mark | -- | -- | |
| Vanderzouwen Mark | -- | -- | |
| Reppucci Debra | -- | -- | |
| Reppucci Debra | -- | -- | |
| Reppucci Debra | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lane Bernard J | $228,000 | |
| Closed | Lane Bernard J | $228,000 | |
| Previous Owner | Vanderzouwen Mark | $216,000 | |
| Previous Owner | Reppucci Debra | $159,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/24/2020 11/24/20 | Sold | $328,000 | +0.9% | $631 / Sq Ft | |
| 09/22/2020 09/22/20 | Pending | -- | -- | -- | |
| 09/18/2020 09/18/20 | For Sale | $325,000 | +20.4% | $625 / Sq Ft | |
| 12/18/2018 12/18/18 | Sold | $270,000 | -9.7% | $519 / Sq Ft | View Prior Sale |
| 11/07/2018 11/07/18 | Pending | -- | -- | -- | |
| 09/18/2018 09/18/18 | For Sale | $299,000 | -- | $575 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $2,477 | $407,480 | $314,880 | $92,600 |
| 2023 | $2,429 | $407,480 | $314,880 | $92,600 |
| 2022 | $1,993 | $190,580 | $143,140 | $47,440 |
| 2021 | $2,005 | $190,580 | $143,140 | $47,440 |
| 2020 | $1,997 | $190,580 | $143,140 | $47,440 |
| 2019 | $1,986 | $190,580 | $143,140 | $47,440 |
| 2018 | $1,932 | $190,580 | $143,140 | $47,440 |
| 2017 | $1,936 | $190,580 | $143,140 | $47,440 |
| 2016 | $1,917 | $190,580 | $143,140 | $47,440 |
| 2015 | $1,896 | $190,580 | $143,140 | $47,440 |
| 2013 | $1,738 | $190,580 | $143,140 | $47,440 |
Source: Public Records
Agents Affiliated with this Home
-
Jill McTague
-
Karen St Peter
K
Buyer's Agent in 2020
Karen St Peter
Better Homes & Gardens Real Estate/The Masiello Group
(207) 769-9822
1 in this area
11 Total Sales
-
Troy Williams
Seller's Agent in 2018
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
(207) 351-8188
96 in this area
1,083 Total Sales
-
Burke Eldredge
B
Seller Co-Listing Agent in 2018
Burke Eldredge
Keller Williams Coastal and Lakes & Mountains Realty
(207) 337-2014
21 Total Sales
Map
Source: Maine Listings
MLS Number: 1469417
APN: WLLS-000125-000031-000000-000003C
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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