Elias Thomas
Exit Key Real Estate
(207) 806-5495
113 Total Sales
4 in Wells
$352K - $515K Price Range
729 Ocean Ave Wells, ME 04090
Wells AreaEstimated Value: $1,540,000 - $1,820,000
5
Beds
5
Baths
3,200
Sq Ft
$518/Sq Ft
Est. Value
Highlights
- Ocean Front
- Country Club
- Colonial Architecture
- Nearby Water Access
- Spa
- Property is near golf course, public transit, and shops
About This Home
As of April 2021Fantastic opportunity at Moody Point! Perfect family compound property within walking distance to Crescent or Moody Beach! This stately home offers five bedrooms including two master suites with baths, three additional bathrooms, nicely upgraded kitchen, formal living room and a casual den. Updated in 2006 with an ENTIRE SECOND FLOOR ADDITION. All of this in a gorgeous park-like setting with a putting green and beautiful ocean vistas. Plenty of room for family and friends and/or a lucrative rental property with a proven rental history with repeat clientele. The finished basement has a sitting room with a gas fireplace and an amazing game room with foosball, air hockey and a ping pong table along with another full bath. The added BONUS is a separate contiguous building lot on abutting Beachwood Terrace. The extra lot can remain as is which makes this property so special or one could build a guest cottage or even sell off the lot - so many possibilities! Covered porch and a terrific deck off the second floor offer amazing views. There is a spacious screened-in porch with great views of the huge backyard! Impeccable landscaping and an appealing semi-circular driveway give this majestic home great curb appeal. Easy access to all of the areas amenities including fine dining, shops, galleries and recreation. Only ten minutes to Ogunquit and 15 minutes to Kennebunkport.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 09/18/2020
Last Buyer's Agent
Luciano Racco
Bean Group
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,614
Year Built
- Built in 1971
Lot Details
- 15,682 Sq Ft Lot
- Ocean Front
- Property fronts a freeway
- Fenced
- Landscaped
- Level Lot
- Open Lot
- Sprinkler System
- Property is zoned RB
Parking
- 1 Car Direct Access Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
Property Views
- Water
- Scenic Vista
Home Design
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,200 Sq Ft Home
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Fire Sprinkler System
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- 5 Full Bathrooms
- Bathtub
- Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Interior Basement Entry
Outdoor Features
- Spa
- Nearby Water Access
- Property is near a beach
- Shed
- Outbuilding
- Porch
Location
- Property is near golf course, public transit, and shops
- City Lot
Utilities
- Cooling Available
- Zoned Heating
- Heating System Uses Oil
- Heat Pump System
- Radiant Heating System
- Hot Water Heating System
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 68
- Assessor Parcel Number WLLS-000112-000000-000068
Community Details
Overview
- No Home Owners Association
Recreation
- Country Club
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2020
Closed on
Apr 30, 2021
Sold by
Bought by
Seller's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Luciano Racco
Bean Group
List Price
$1,249,000
Sold Price
$1,249,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,246
Avg. Annual Appreciation
5.51%
Original Mortgage
$999,200
Outstanding Balance
$884,364
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$771,882
Purchase Details
Closed on
Sep 5, 2008
Sold by
Bought by
Purchase Details
Closed on
Jun 14, 2005
Sold by
Bought by
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
5.83%
Mortgage Type
Unknown
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wells, ME
-
Elias Thomas
-
Kelli Genest
Kelli Genest
Responds QuicklyLakes Region Realty of Maine
(207) 360-8865
106 Total Sales
3 in Wells
$325K - $580K Price Range
-
Sally Steward
Sally Steward
Responds QuicklyKW Coastal and Lakes & Mountains Realty
(888) 493-1694
75 Total Sales
1 in Wells
$10,000 Price
-
Brenda Maggy
Brenda Maggy
Beach Homes Realty
(207) 337-9917
125 Total Sales
2 in Wells
$505K - $725K Price Range
-
Anne Whitney-Gray
Anne Whitney-Gray
Responds QuicklyParmley Properties
(877) 640-0476
77 Total Sales
2 in Wells
$101K - $587K Price Range
-
Travis Billingham
Travis Billingham
Portside Real Estate Group
(603) 570-9579
54 Total Sales
1 in Wells
$350,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $999,200 | ||
| Closed | $124,900 | ||
| Previous Owner | $250,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2022 11/05/22 | Off Market | $1,249,000 | -- | -- |
| 04/30/2021 04/30/21 | Sold | $1,249,000 | 0.0% | $390 / Sq Ft |
| 03/04/2021 03/04/21 | Pending | -- | -- | -- |
| 09/18/2020 09/18/20 | For Sale | $1,249,000 | -- | $390 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $7,716 | $1,194,380 | $576,010 | $618,370 |
| 2024 | $7,262 | $1,194,380 | $576,010 | $618,370 |
| 2023 | $7,119 | $1,194,380 | $576,010 | $618,370 |
| 2022 | $7,024 | $671,530 | $323,750 | $347,780 |
| 2021 | $7,064 | $671,530 | $323,750 | $347,780 |
| 2020 | $5,646 | $538,750 | $323,750 | $215,000 |
| 2019 | $5,614 | $538,750 | $323,750 | $215,000 |
| 2018 | $5,460 | $538,750 | $323,750 | $215,000 |
| 2017 | $5,474 | $538,750 | $323,750 | $215,000 |
| 2016 | $5,420 | $538,750 | $323,750 | $215,000 |
| 2015 | $5,361 | $538,750 | $323,750 | $215,000 |
| 2013 | $4,913 | $538,750 | $323,750 | $215,000 |
Source: Public Records
Agents Affiliated with this Home
-
Peter LaRochelle
Seller's Agent in 2021
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
(207) 468-7335
70 Total Sales
-
L
Buyer's Agent in 2021
Luciano Racco
Bean Group
Map
Source: Maine Listings
MLS Number: 1469532
APN: WLLS-000112-000000-000068
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.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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