NOT LISTED FOR SALE

61 Ocean Ave Wells, ME 04090

Estimated Value: $2,978,000 - $3,292,000

4 Beds
2.5 Baths
2,274 Sq Ft
$1,364/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $3,100,000 $1,363 Per Sq Ft

Current estimated payment $17,751/month

Highlights

  • Deeded Waterfront Access Rights
  • 71 Feet of Waterfront
  • Cape Cod Architecture
  • Wells Junior High School Rated A-
  • Public Beach
  • Deck

About This Home

As of August 2024

Here is the beach home you have been waiting for, Located Directly on the sand at Gorgeous Moody (Ogunquit) Beach on a Very Nice Over Size 7,100 sq ft (71X100) landscaped lot with ample parking. This Classic Maine Beach House has been Meticulously Maintained and Updated to the Highest Standards. The Generous floor plan offers Half Bath, Kitchen, Living room, Dinning room on the 1st floor and 2 to 3 Bedroom and a full Bath on the 2nd Floor With another Bedroom and Full Bath on the Ground Floor. The Interior Vertical V-match Pine provides the charm of a Classic Maine Beach House. Relax on the Large Deck with Unobstructed Views of the Ogunquit River and the Rachel Carson Nature Preserve with all the Wild Life that calls the Nature Preserve Home. You are only Steps From Your Private Beach to the Low Water Line. Walk beautiful Sandy Moody Beach all the way to the Seaside Community of Ogunquit and enjoy all that Ogunquit has to offer . This Property is Spectacular, Don't miss out as you will not see something like this come along again

Last Agent to Sell the Property

Steve Weigel

Y-Gull & Associates Listed on: 06/03/2024

Y-Gull & Associates

Last Buyer's Agent

Kathleen Browne

The Aland Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,971

Year Built

  • Built in 1948

Lot Details

  • 8,712 Sq Ft Lot
  • 71 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Irrigation
  • Property is zoned RB

Parking

  • 1 Car Garage
  • Heated Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Storm Doors
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Deck

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Property held in a trust
  • Tax Lot 27
  • Assessor Parcel Number WLLS-000103-000000-000027

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,971

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Directions: Rt1 From Ogunquit turn right at 1st set of lights on Bourne Ave/ At end turn right on Ocean Ave/ 61 Ocean is Beach Front on the left
  • Above Grade Finished Sq Ft: 1752.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Double Pane Windows
  • Year Built: 1948
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 1652.4
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1752.0
  • Property Information:SqFt Finished Below Grade: 522.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water Info:Waterfront Amount -: 71.0
  • Water Info:Water Frontage Owned -: 71.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Kitchen Countertop:Quartz: Yes
  • Water Heater:Tank: Yes
  • Amenities:Furniture Included: Yes
  • Laundry Room:Laundry Room: Yes
  • Location:Abuts Conservation: Yes
  • Vehicle Storage:Heated: Yes
  • Washer/Dryer Other Location: Yes
  • Cooling:AC Units: Yes
  • Vehicle Storage:Under: Yes
  • Recreational Water:Beach Rights: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Amenities:Irrigation System: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Listing Conditions Trust: Yes
  • Advertising Remarks:Advertising Remarks: Here is the beach home you have been waiting for, Located Directly on the sand at Gorgeous Moody (Ogunquit) Beach on a Very Nice Over Size 7,100 sq ft (71X100) landscaped lot with ample parking. This Classic Maine Beach House has been Meticulously Maintained and Updated to the Highest Standards. The Generous floor plan offers Half Bath, Kitchen, Living room, Dinning room on the 1st floor and 2 to 3 Bedroom and a full Bath on the 2nd Floor With another Bedroom and Full Bath on the Ground Floor. The Interior Vertical V-match Pine provides the charm of a Classic Maine Beach House. Relax on the Large Deck with Unobstructed Views of the Ogunquit River and the Rachel Carson Nature Preserve with all the Wild Life that calls the Nature Preserve Home. You are only Steps From Your Private Beach to the Low Water Line. Walk beautiful Sandy Moody Beach all the way to the Seaside Community of Ogunquit and enjoy all that Ogunquit has to offer . This Property is Spectacular, Don't miss out as you will not see something like this come along again
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal
  • Has Basement: Walk-Out Access, Finished, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 522.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, Attic, Bathtub, Other, Shower, Storage
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Basement
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Abuts Conservation, Near Public Beach, Other, Irrigation System
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, On Site, Heated Garage, Underground

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: WLLS-000103-000000-000027
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 17971.0
  • Tax Lot: 27
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Aug 19, 2024
Sold by
Chelsey A Remington Irt and Remington
Bought by
Cordella Richard J and Cordella Jennifer L
Seller's Agent
Steve Weigel
Y-Gull & Associates
Buyer's Agent
Kathleen Browne
The Aland Realty Group, LLC
List Price
$2,895,000
Sold Price
$3,100,000
Premium/Discount to List
$205,000
7.08%
Views
8
Current Estimated Value
$3,101,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,552
Avg. Annual Appreciation
0.04%
Original Mortgage
$2,100,000
Outstanding Balance
$2,068,295
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,033,257

Purchase Details

Closed on
Dec 13, 2012
Sold by
Remington Chelsey C
Bought by
Chelsey A Remington Irt and Remington

Purchase Details

Closed on
Dec 24, 2009
Sold by
Treiss Susan C
Bought by
Treiss Family Childrens T and Treiss
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cordella Richard J -- None Available
Cordella Richard J -- None Available
Cordella Richard J -- None Available
Cordella Richard J -- None Available
Chelsey A Remington Irt -- --
Treiss Family Childrens T -- --
Chelsey A Remington Irt -- --
Treiss Family Childrens T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordella Richard J $2,100,000
Closed Cordella Richard J $2,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2024 08/19/24 Sold $3,100,000 +7.1% $1,363 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $2,895,000 -- $1,273 / 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 $17,804 $2,928,370 $2,678,420 $249,950
2023 $17,971 $3,015,280 $2,678,420 $336,860
2022 $16,835 $1,609,430 $1,449,010 $160,420
2021 $16,960 $1,612,120 $1,449,010 $163,110
2020 $16,895 $1,612,120 $1,449,010 $163,110
2019 $16,798 $1,612,120 $1,449,010 $163,110
2018 $16,339 $1,612,120 $1,449,010 $163,110
2017 $16,379 $1,612,120 $1,449,010 $163,110
2016 $16,218 $1,612,120 $1,449,010 $163,110
2015 $16,041 $1,612,120 $1,449,010 $163,110
2013 $14,703 $1,612,120 $1,449,010 $163,110
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1591529

Maine Listings

APN: WLLS-000103-000000-000027