NOT LISTED FOR SALE

732 Ocean Ave Wells, ME 04090

Estimated Value: $1,384,000 - $1,470,973

3 Beds
3 Baths
3,481 Sq Ft
$405/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $1,095,000 $315 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,029/month

34 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Country Club
  • Wells Junior High School Rated A-
  • Public Beach
  • In Ground Pool

About This Home

As of December 2021

Moody Point! Just a five minute stroll to the rocky coast from this impressive property on a gorgeous parcel of land comprised of two lots. Walk to Moody and/or Crescent Beach. Three/four bedroom Cape with a fantastic in-ground swimming pool. Open concept layout offering a spacious kitchen with breakfast bar and attached dining area, appealing living room with pool views and an amazing three season sunroom with more captivating pool views. First floor bedroom with adjacent bath. Dedicated first floor laundry and/or perfect office space! The finished basement is huge and offers great access to the amazing backyard and pool. There is a glimpse of the ocean and Moody Beach from the second floor. Great outdoor space with attractive landscaping and an awesome basketball court! Fine and causal dining, shopping opportunities, galleries, summer theatre and recreation are all just minutes away. Great location - within close proximity to both Ogunquit and Kennebunkport. This fine property has a proven rental history with repeat clientele. Terrific owner occupied residence or rent for extra income and enjoy in the off season. Great opportunity in a very desirable location!

Last Agent to Sell the Property

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-468-7335 Listed on: 09/20/2021

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

SHAWN GILLIS

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 1986

Lot Details

  • 0.34 Acre Lot
  • Ocean Front
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned RB

Parking

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

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Central Vacuum
  • Skylights
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Shower Only

Laundry

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

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • In Ground Pool
  • Nearby Water Access
  • Balcony
  • Deck
  • Patio

Location

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 62
  • Assessor Parcel Number WLLS-000112-000000-000062

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,500

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Directions: Route 1 to Eldridge Road and then right onto Ocean Avenue
  • Above Grade Finished Sq Ft: 2345.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1986
  • Attribution Contact: 207-468-7335
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 511.73
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2345.0
  • Property Information:SqFt Finished Below Grade: 1136.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: 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:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Pool-In Ground: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Room Features:Skylight32: Yes
  • Family Room:Family Room: Yes
  • Property Information:Bank Owned REO: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:BalconyDeck17: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Equipment:Central Vacuum: Yes
  • Transportation:Rail Available: Yes
  • Bedroom Amenities 3:Skylight11: Yes
  • Sunroom Amenities:Three-Season: Yes
  • Bedroom Amenities 3:BalconyDeck3: Yes
  • Bedroom Amenities 2:Skylight10: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Moody Point! Just a five minute stroll to the rocky coast from this impressive property on a gorgeous parcel of land comprised of two lots. Walk to Moody and/or Crescent Beach. Three/four bedroom Cape with a fantastic in-ground swimming pool. Open concept layout offering a spacious kitchen with breakfast bar and attached dining area, appealing living room with pool views and an amazing three season sunroom with more captivating pool views. First floor bedroom with adjacent bath. Dedicated first floor laundry and/or perfect office space! The finished basement is huge and offers great access to the amazing backyard and pool. There is a glimpse of the ocean and Moody Beach from the second floor. Great outdoor space with attractive landscaping and an awesome basketball court! Fine and causal dining, shopping opportunities, galleries, summer theatre and recreation are all just minutes away. Great location - within close proximity to both Ogunquit and Kennebunkport. This fine property has a proven rental history with repeat clientele. Terrific owner occupied residence or rent for extra income and enjoy in the off season. Great opportunity in a very desirable location!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1136.0
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • Pool Features: In Ground
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.4
  • Parcel #: WLLS-000112-000000-000062
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 6500.0
  • Tax Lot: 62
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Scalora Enzo and Scalora Katharine
Bought by
Oceans 5 Llc
Current Estimated Value
$1,411,493

Purchase Details

Listed on
Sep 20, 2021
Closed on
Dec 23, 2021
Sold by
Nebraska Llc
Bought by
Scalora Enzo and Scalora Katharine
Seller's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
SHAWN GILLIS
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,095,000
Premium/Discount to List
-$105,000
-8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$821,250
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2015
Sold by
Mccullen Geoffrey and Mccullen Cary
Bought by
Nebraska Llc
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
Oceans 5 Llc -- None Available
Oceans 5 Llc -- None Available
Oceans 5 Llc -- None Available
Scalora Enzo -- None Available
Scalora Enzo -- None Available
Scalora Enzo -- None Available
Nebraska Llc -- --
Nebraska Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scalora Enzo $821,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2022 11/05/22 Off Market $1,095,000 -- --
12/23/2021 12/23/21 Sold $1,095,000 -8.8% $315 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $1,200,000 -- $345 / 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 $7,510 $1,235,180 $692,550 $542,630
2023 $7,362 $1,235,180 $692,550 $542,630
2022 $6,745 $644,790 $321,930 $322,860
2021 $6,525 $620,230 $321,930 $298,300
2020 $6,500 $620,230 $321,930 $298,300
2019 $6,463 $620,230 $321,930 $298,300
2018 $6,286 $620,230 $321,930 $298,300
2017 $6,302 $620,230 $321,930 $298,300
2016 $6,240 $620,230 $321,930 $298,300
2015 $6,171 $620,230 $321,930 $298,300
2013 $5,656 $620,230 $321,930 $298,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1509432

Maine Listings

APN: WLLS-000112-000000-000062