NOT LISTED FOR SALE

7 Drakes Island Rd Wells, ME 04090

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

4 Beds
2.5 Baths
2,100 Sq Ft
0.38 Acres

Last Sold April 28, 2017

Last sale price $405,000 $193 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,465/month

82 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Kitchen Island
  • Wells Junior High School Rated A-
  • Walk-In Closet
  • Zoned Heating

About This Home

As of April 2017

Looking to be on the East Side of Route one in a modern home? This 3 bedroom, 2.5 bath colonial with a 2 car garage has a spacious floor plan with many features including a gourmet kitchen, master bedroom suite, gas fireplace, built ins, first floor laundry and hardwood floors throughout. Entertain your family and friends on the back patio or go to beautiful Drakes Island Beach less than a mile away. This home is conveniently close to shopping, dining, golf and is only 90 minutes from Boston.

Last Agent to Sell the Property

Richard Coyne

EXIT Oceanside Realty of Maine License #069573 Listed on: 01/08/2017

Last Buyer's Agent

A non PrimeMLS customer

A Non PrimeMLS Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,903

Year Built

  • 2012

Lot Details

  • 0.38

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Dining Area

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • Drakes Island Condominium Condos

Listing and Financial Details

  • Tax Lot 44

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,903

Year Built

2012

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Units per Building: 1
  • Construction: Existing
  • Total Stories: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2012

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range - Gas, Refrigerator
  • Features Interior: Ceiling Fan, Dining Area, Fireplace - Gas, Kitchen Island, Master BR w/ BA, Walk-in Closet
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Level 1: Level 1: Dining Room, Level 1: Family Room, Level 1: Kitchen, Level 1: Living Room, Level 1: Other
  • Level 2: Level 2: Bedroom, Level 2: Master Bedroom
  • Room 1: Kitchen, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Living Room, On Level: 1
  • Room 4: Family Room, On Level: 1
  • Room 7: Master Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 13: Other, On Level: 1
  • Sq Ft - Apx Finished AG: 2100
  • Sq Ft - Apx Total: 3196
  • Sq Ft - Apx Total Finished: 2100
  • Sq Ft - Apx Unfinished BG: 1096

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 2
  • Parking: Parking Spaces 4
  • Garage Type: Attached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water, Multi Zone

Condo/Co-op/Association

  • Condo Name: Drakes Island Condominium

Lot Info

  • Lot: 44
  • Lot Sq Ft: 16553
  • Lot Acres: 0.38
  • Lot Description: Level
  • Surveyed: Yes
  • Zoning: GB

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2017
Closed on
May 1, 2017
Sold by
Kelly Carole M
Bought by
Roach Alan J
Seller's Agent
Richard Coyne
EXIT Oceanside Realty of Maine
Buyer's Agent
A non PrimeMLS customer
A Non PrimeMLS Agency
List Price
$429,000
Sold Price
$405,000
Premium/Discount to List
-$24,000
-5.59%
Current Estimated Value
$773,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,289
Avg. Annual Appreciation
7.80%

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
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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
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
04/28/2017 04/28/17 Sold $405,000 -5.6% $193 / Sq Ft
01/08/2017 01/08/17 For Sale $429,000 -- $204 / Sq Ft
Source: PrimeMLS

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

  • R

    Seller's Agent in 2017

    Richard Coyne

    EXIT Oceanside Realty of Maine

    (207) 646-8333

    1 in this area

    5 Total Sales

    Richard Coyne
    Section Image

  • A

    Buyer's Agent in 2017

    A non PrimeMLS customer

    VT_ME_NH_NEREN

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Map

Source: PrimeMLS

MLS Number: 4613625

PrimeMLS

APN: WLLS-000144-000044-000000-000001

Maine York County Wells 04090

7 Drakes Island Rd, Wells, ME

Not Listed for Sale

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