NOT LISTED FOR SALE

71 Shady Ln Wells, ME 04090

Estimated Value: $1,054,000 - $1,270,000

3 Beds
2.5 Baths
1,668 Sq Ft
$714/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $560,000 $336 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $6,912/month

122 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Scenic Views
  • Wells Junior High School Rated A-
  • Country Club
  • Deck

About This Home

As of January 2017

Now this is a deal! This private, year round home is only a few minutes walk to the beach on Drakes Island! With 3 bedroom/2.5 bath this open concept home offers everything you want in a summer home -fantastic back yard for entertaining, master suite on the 1st floor with 2 other bedrooms/bath upstairs. Nice views of the marsh and the conservation land from the 2nd floor too! Drakes Island community center is nearby for tennis and camps. Ample room for guests and family! Selling as-is.

Last Agent to Sell the Property

Julie Grady

Berkshire Hathaway HomeServices Verani Realty Listed on: 07/14/2016

Last Buyer's Agent

Heidi Maynard

Pack Maynard and Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,128

Year Built

  • Built in 1979

Lot Details

  • 6,970 Sq Ft Lot
  • Dirt Road
  • Public Beach
  • Near Conservation Area
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned RD

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Gambrel Roof
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,668 Sq Ft Home
  • Built-In Features
  • Skylights
  • Living Room
  • Dining Room
  • Interior Basement Entry

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Bedroom Suite
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Property Near A Cove
  • Deck
  • Shed

Location

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

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 40
  • Assessor Parcel Number WLLS-000141-000000-000040

Community Details

Overview

  • No Home Owners Association
  • Drakes Island Subdivision

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,128

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Surface Type: Gravel
  • Water Body Name: Rachel Carson
  • MLS Status: Closed
  • Subdivision Name: Drakes Island
  • Directions: Take Route 1 to Drakes Island Road. Turn right onto Shady Lane. House is down on the right about 1/4 mile. Look for sign.
  • Above Grade Finished Sq Ft: 1668.0
  • Architectural Style: Gambrel
  • Year Built: 1979
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1668.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Roads:GravelDirt: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Style:Gambrel: Yes
  • Location:Abuts Conservation: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Location:Near Railroad: Yes
  • Transportation:Rail Available: Yes
  • Bedroom Amenities 3:Built-Ins3: Yes
  • Bedroom 1 Amenities:Suite: Yes
  • Bedroom 1 Amenities:Skylight9: Yes
  • Other Structures:Shed: Yes
  • Amenities:Home Warranty: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Other, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Abuts Conservation, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • View: Scenic, Trees/Woods
  • Waterfront Features: Cove
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: WLLS-000141-000000-000040
  • Zoning: RD

Tax Info

  • Tax Annual Amount: 5128.0
  • Tax Book Number: 14652
  • Tax Lot: 40
  • Tax Map Number: 141
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Cullen Leo W and Cullen Donne E
Bought by
Cullen Leo J and Cullen Mary E
Current Estimated Value
$1,190,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$407,419
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$782,937

Purchase Details

Listed on
Jul 14, 2016
Closed on
Jan 31, 2017
Sold by
Connell Therese P
Bought by
Cullen Leo W and Cullen Donna E
Seller's Agent
Julie Grady
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Heidi Maynard
Pack Maynard and Associates
List Price
$669,000
Sold Price
$560,000
Premium/Discount to List
-$109,000
-16.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$448,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2005
Sold by
Cullen Donna E and Cullen Leo W
Bought by
Connell Therese P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Cullen Leo J -- None Available
Cullen Leo J -- None Available
Cullen Leo W -- --
Cullen Leo W -- --
Connell Therese P $630,000 --
Connell Therese P $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cullen Leo J $450,000
Closed Cullen Leo J $450,000
Previous Owner Cullen Leo W $448,000
Previous Owner Connell Therese P $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2017 01/31/17 Sold $560,000 -16.3% $336 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $669,000 -- $401 / 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 $6,906 $1,135,900 $784,430 $351,470
2023 $6,770 $1,135,900 $784,430 $351,470
2022 $5,538 $529,410 $359,720 $169,690
2021 $5,421 $515,330 $359,720 $155,610
2020 $5,401 $515,330 $359,720 $155,610
2019 $492 $515,330 $359,720 $155,610
2018 $5,318 $515,330 $359,720 $155,610
2017 $5,236 $515,330 $359,720 $155,610
2016 $460 $515,330 $359,720 $155,610
2015 $5,128 $515,330 $359,720 $155,610
2013 $4,555 $499,450 $359,720 $139,730
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Julie Grady

    Berkshire Hathaway HomeServices Verani Realty

  • Heidi Maynard

    Buyer's Agent in 2017

    Heidi Maynard

    Pack Maynard and Associates

    (207) 967-3883

    5 in this area

    181 Total Sales

    Heidi Maynard
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Map

Source: Maine Listings

MLS Number: 1273600

Maine Listings

APN: WLLS-000141-000000-000040

Maine York County Wells 04090

71 Shady Ln, Wells, ME

This home is located at 71 Shady Ln, Wells, ME 04090 since 14 July 2016 and is currently estimated at $1,190,356, approximately $713 per square foot. This property was built in 1979. 71 Shady Ln is a home located in York County with nearby schools including Wells Junior High School, Wells Elementary School, and Wells High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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