NOT LISTED FOR SALE

Estimated Value: $528,947 - $749,000

2 Beds
1 Bath
747 Sq Ft
$820/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $370,000 $495 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,667/month

3 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Wood Flooring
  • Wells Junior High School Rated A-
  • Deck
  • Furnished

About This Home

As of October 2020

Located in the coveted Bourne Fields neighborhood, this quintessential Maine cottage is just a short walk to beautiful Moody Beach. A perfect year-round retreat or ideal rental investment, this two bedroom, 1 bath seaside home is complete with galley kitchen, large open living/dining space, a propane fueled Rinnai heater, electric fireplace, two exterior decks and oversized 11'x20' storage shed. Property is being sold 'AS IS' and fully furnished. Make your dream of owning a coast of Maine beach home come true today!

Last Listed By

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 09/04/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,871

Year Built

  • Built in 1955

Lot Details

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

Home Design

  • Cottage
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 747 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Gas Range
  • Formica Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Basement

  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Internet Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 057
  • Assessor Parcel Number WLLS-000105-000000-000057

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,871

Year Built

Built in 1955

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: Route 1 to Bourne Avenue. Take first right on to Spring Street and then left on to Sassafras. Home is on the left.
  • Above Grade Finished Sq Ft: 747.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1955
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 747.0
  • Property Information:Garage: No
  • 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 Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Storage: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes
  • Recreational Water:Nearby: Yes
  • Style:Cottage: Yes
  • Appliances Included:Gas Range: Yes
  • Kitchen Countertop:Formica: Yes
  • Heat System:Direct Vent Heater: Yes
  • Amenities:Furniture Included: Yes
  • Basement Entry:Exterior Only: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Gas Range
  • Has Basement: Dirt Floor, Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, One-Floor Living, Shower, Storage
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Other

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: WLLS-000105-000000-000057
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 2871.0
  • Tax Book Number: 17131
  • Tax Lot: 057
  • Tax Map Number: 0105
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 21, 2020
Sold by
Michael & M Ryan Ret and Ryan
Bought by
Lavallee Matthew G and Lavallee Linda H
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Scott Blanchard
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$369,000
Sold Price
$370,000
Premium/Discount to List
$1,000
0.27%
Total Days on Market
3
Current Estimated Value
$612,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,737
Avg. Annual Appreciation
11.75%
Original Mortgage
$296,000
Outstanding Balance
$266,385
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$346,352

Purchase Details

Closed on
Nov 9, 2015
Sold by
Ryan Michael J and Ryan Marguerite J
Bought by
Michael & M Ryan Ret and Ryan

Purchase Details

Closed on
Jan 7, 2005
Sold by
Drury Beverlee S and Drury Scott K
Bought by
Ryan Marguerite J and Ryan Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Lavallee Matthew G -- None Available
Michael & M Ryan Ret -- --
Ryan Marguerite J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavallee Matthew G $296,000
Previous Owner Ryan Michael J $185,000
Previous Owner Ryan Marguerite J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $370,000 +0.3% $495 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $369,000 -- $494 / 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 $3,235 $542,860 $403,650 $139,210
2022 $2,948 $281,830 $199,650 $82,180
2021 $2,956 $281,020 $199,650 $81,370
2020 $2,887 $275,480 $199,650 $75,830
2019 $2,871 $275,480 $199,650 $75,830
2018 $2,480 $244,690 $199,650 $45,040
2017 $2,486 $244,690 $199,650 $45,040
2016 $2,462 $244,690 $199,650 $45,040
2015 $2,435 $244,690 $199,650 $45,040
2013 $2,232 $244,690 $199,650 $45,040
Source: Public Records

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Source: Maine Listings

MLS Number: 1467488

Maine Listings

APN: WLLS-000105-000000-000057