NOT LISTED FOR SALE

7 Drakes Island Rd Unit 1 Wells, ME 04090

Estimated Value: $684,156 - $848,000

3 Beds
2.5 Baths
2,100 Sq Ft
$25/mo HOA Fee

Last Sold August 27, 2013

Last sale price $425,000 $202 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,490/month

69 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Scenic Views
  • Wells Junior High School Rated A-
  • Newly Remodeled
  • Colonial Architecture

About This Home

As of August 2013

Quality New Construction, with top of the line special features throughout. Spacious flr plan, gourmet kitchen, blt-ins, mud room, location, location, just mins to beach and convenient spot close to shopping & dining. A must see inside, ready mid-summer.

Last Agent to Sell the Property

Gail Bergeron

RE/MAX Realty One Listed on: 05/07/2013

Last Buyer's Agent

Heidi Nottonson

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,875

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 0.25

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,100 Sq Ft Home
  • Gas Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Scenic Vista Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 2 Car Direct Access Garage
  • Driveway

Location

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available
  • Cable TV Available

Additional Features

  • Nearby Water Access
  • Open Lot

Listing and Financial Details

  • Tax Lot 044
  • Assessor Parcel Number 7Drakes island Road1Wells0144044

Community Details

Overview

  • Drakes Island Condo Assoc Subdivision

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,875

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Drakes Island Condo Assoc
  • Directions: Route 1 Wells North to Drakes Island Road, house on right
  • Above Grade Finished Sq Ft: 2100.0
  • Architectural Style: Colonial
  • New Construction: Yes
  • Year Built: 2013
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 202.38
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2100.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 25.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 1
  • Amenities:Laundry - Hookup: Yes
  • Property Condition:New Construction: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Mud Room:Mud Room: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Equipment:Internet Access Available: Yes
  • Family Room:Family Room: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Transportation:Public Transport Access: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closets, Pantry, Primary Bedroom w/Bath
  • 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, Near Golf Course, Near Shopping, Neighborhood, Near Public Transit
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: New Construction
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Paved, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 7Drakes island Road1Wells0144044
  • Zoning: RC

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3875.0
  • Tax Lot: 044
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2017
Sold by
Kelly Carole M
Bought by
Roach Alan J
Current Estimated Value
$773,289

Purchase Details

Closed on
Oct 28, 2011
Sold by
Ward Peter L and Peoples United Bank
Bought by
Peoples United Bank
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
Roach Alan J -- --
Roach Alan J -- --
Roach Alan J -- --
Peoples United Bank $174,233 --
Peoples United Bank $174,233 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2013 08/27/13 Sold $425,000 -5.3% $202 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $449,000 -- $214 / 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 $4,903 $806,400 $399,340 $407,060
2023 $4,806 $806,400 $399,340 $407,060
2022 $4,549 $434,930 $193,210 $241,720
2021 $4,575 $434,930 $193,210 $241,720
2020 $4,207 $400,480 $193,210 $207,270
2019 $4,173 $400,480 $193,210 $207,270
2018 $4,223 $409,210 $193,210 $216,000
2017 $4,158 $409,210 $193,210 $216,000
2016 $4,117 $409,210 $193,210 $216,000
2015 $4,072 $409,210 $193,210 $216,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1090912

Maine Listings

APN: WLLS-000144-000044-000000-000001