NOT LISTED FOR SALE

7 Ocean Ave Wells, ME 04090

Estimated Value: $2,088,000 - $3,322,000

4 Beds
3 Baths
2,250 Sq Ft
$1,217/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $2,100,000 $933 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $15,874/month

70 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 55 Feet of Waterfront
  • Deck
  • Wells Junior High School Rated A-
  • Public Beach
  • Contemporary Architecture

About This Home

As of January 2020

Wonderful 4 to 5 Bedroom Year Round Open Concept Contemporary Beach House Situated on The Southern End of Private Sandy Moody (Ogunquit) Beach. This Home was Recently Renovated Inside and Out Along With State of the Art Mechanics, Full House Generator, Central Air With Everything in Pristine Condition. Featuring Large Sun Filled Rooms with Panoramic Views of the Beach and Ocean From Most Every Room, Beautiful Designer Kitchen, Granite Counters, Hardwood and Tile Floors, Custom Stone Fireplace, Cathedral Ceilings, Master Bedroom & Bath with Deck Overlooking the Private Beach and Ocean. Full Ground Floor with Oversized 1 Car Garage, Family Room , Laundry Room along with ample Storage area. This Home Has it All. Beautifully Landscaped Grounds and Patios are Only Steps From Your Private Sandy Beach. Great Parking, Yet Close Everything. You can Walk the Beach to Ogunquit Village and All the Area has to Offer.

Last Agent to Sell the Property

Steve Weigel

Y-Gull & Associates Listed on: 10/16/2019

Y-Gull & Associates

Last Buyer's Agent

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty

Keller Williams Coastal and Lakes & Mountains Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,589

Year Built

  • Built in 1974

Lot Details

  • 6,970 Sq Ft Lot
  • 55 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Landscaped
  • Open Lot
  • Property is zoned RB

Parking

  • 1 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • Multi-Level Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Sink in Utility Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

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

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Access to Tidal Water
  • Balcony
  • Deck
  • Patio

Location

  • Property is near a golf course

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Programmable Thermostat
  • Power Generator
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Legal Lot and Block 38 / 103
  • Assessor Parcel Number WLLS-000103-000000-000038

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,589

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • 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 THE END TURN RIGHT ON OCEAN AVE. THE HOME IS NEXT TO LAST ON THE LEFT (OCEAN FRONT).
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Contemporary, Multi-Level
  • Garage Yn: Yes
  • Efficiency: Programmable Thermostat
  • Year Built: 1974
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 1359.95
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1728.0
  • Property Information:SqFt Finished Below Grade: 522.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Kitchen Countertop:Granite: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Exterior:Clapboard: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Oceanfront: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Soaking Tub17: Yes
  • Water Info:Waterfront Amount -: 55.0
  • Water Info:Water Frontage Owned -: 55.0
  • Recreational Water:Deeded: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Room Features:BalconyDeck17: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Recreational Water:Beach Rights: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Bedroom Amenities 2:Cathedral Ceiling8: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Bedroom 1 Amenities:Walk-in Closet: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Laundry Room Amenities:Utility Sink: Yes
  • Room Features:Utility Sink2: Yes
  • Bedroom 1 Amenities:Cathedral Ceiling7: Yes
  • Bedroom Amenities 2:Built-Ins4: Yes
  • Bedroom 1 Amenities:BalconyDeck: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 522.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Bathtub, Other, Shower, Storage, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • 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
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Open Lot, Landscaped, Near Golf Course, Near Public Beach
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Inside Entrance, Off Street

Utilities

  • Laundry Features: Utility Sink, Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Direct Vent Furnace, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: WLLS-000103-000000-000038
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 16589.0
  • Tax Block: 103
  • Tax Lot: 38
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Jan 31, 2020
Sold by
Lou Ann Daly 2002 Ret and Daly
Bought by
Globevest Capital Re Lp
Seller's Agent
Steve Weigel
Y-Gull & Associates
Buyer's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$2,350,000
Sold Price
$2,100,000
Premium/Discount to List
-$250,000
-10.64%
Current Estimated Value
$2,738,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,303
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
Jun 25, 2018
Sold by
Gibson Ret and Gibson
Bought by
Portside Rt Llc

Purchase Details

Closed on
Jul 15, 2013
Sold by
Daly Lou A
Bought by
Daly Lou Ann Ret and Daly

Purchase Details

Closed on
Apr 22, 2013
Sold by
Lou Ann Daley Ret and Daley
Bought by
Daly Lou A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2005
Sold by
Daly Lou A
Bought by
Lou Ann Daly Ret and Daly
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Globevest Capital Re Lp -- None Available
Globevest Capital Re Lp -- None Available
Globevest Capital Re Lp -- None Available
Portside Rt Llc -- --
Portside Rt Llc -- --
Portside Rt Llc -- --
Daly Lou Ann Ret -- --
Daly Lou Ann Ret -- --
Daly Lou A -- --
Daly Lou A -- --
Lou Ann Daly Ret -- --
Lou Ann Daly Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daly Lou A $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $2,100,000 -10.6% $933 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $2,350,000 -- $1,044 / 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 $18,152 $2,985,600 $2,543,620 $441,980
2023 $17,794 $2,985,600 $2,543,620 $441,980
2022 $16,814 $1,607,420 $1,377,730 $229,690
2021 $16,910 $1,607,420 $1,377,730 $229,690
2020 $16,846 $1,607,420 $1,377,730 $229,690
2019 $16,749 $1,607,420 $1,377,730 $229,690
2018 $16,188 $1,607,420 $1,377,730 $229,690
2017 $16,331 $1,607,420 $1,377,730 $229,690
2016 $16,171 $1,607,420 $1,377,730 $229,690
2015 $15,994 $1,607,420 $1,377,730 $229,690
2013 $14,660 $1,607,420 $1,377,730 $229,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1436405

Maine Listings

APN: WLLS-000103-000000-000038