NOT LISTED FOR SALE

773B Ocean Ave Wells, ME 04090

Estimated Value: $1,416,879 - $1,624,000

0.13 Acre
$11,457,462 Price per Acre
5,663 Sq Ft Lot

Last Sold December 29, 2020

Last sale price $257,500

Est. 478% increase in value since last sale

Current estimated payment $8,522/month

75 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • View of Trees or Woods
  • Wells Junior High School Rated A-
  • Country Club
  • Property is near public transit

About This Lot

As of December 2020

A rare opportunity to own one of the last remaining building lots along this highly coveted Ocean Avenue location in Wells. Located just .3 miles to the Ocean at Moody Point or Fisherman's Cove and just .8 miles to the soft sands of Crescent Beach. Enjoy the sound of the crashing waves and the smell of the salty air from this 55' x 100' vacant and partially cleared parcel. The property boarders the Beachwood Terrace neighborhood at the back and is situated directly across the street from the Point Moody Condominium complex. Conveniently located to everything the Wells-Ogunquit community has to offer including local restaurants, shopping, schools, beaches and other area attractions. Outstanding location for year-round residential, second home or investment property owners alike. Bring your own contractor or look at some of the packages being offered by one of the area's premier builders in Richard Moody & Sons Construction. We are currently marketing a build package for $799,000. See MLS #1474693. Call today for a private showing or to setup an appointment with our builder.

Last Agent to Sell the Property

Jason Vennard

Anchor Real Estate Listed on: 08/28/2020

Last Buyer's Agent

Jason Vennard

The Ramsdell Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,600

Lot Details

  • 5,663 Sq Ft Lot
  • Public Beach
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned RB

Parking

  • Gravel Driveway

Property Views

  • Views of Woods

Location

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

Utilities

  • Electricity Not Available
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number WLLS-000116-000000-000003

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club
  • Nearby Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,600

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Interstate 95 to Wells Exit #19, Route 109 East to Route 1, follow Route 1 approximately 2.2 miles to Eldridge Road on right, follow Eldridge Road approximately .7 miles to Ocean Ave on right. 773 Ocean Ave will be on the left-hand side.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Mobile Homes Allowed: Unknown
  • Location:Near Country Club: Yes
  • View:Fields: Yes
  • Electric:No Electric: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • View: Fields, Trees/Woods
  • Waterfront: No

Garage/Parking

  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Electric: No Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: WLLS-000116-000000-000003
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 2600.0
  • Tax Book Number: 17275
  • Tax Lot: 003
  • Tax Map Number: 0116
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2016
Sold by
Kwederis Steven C
Bought by
Kwederis Lt and Kwederis
Current Estimated Value
$1,489,470
Source: Public Records

Range of Values:

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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
Kwederis Lt -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $257,500 -6.3% --
11/12/2020 11/12/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $274,900 -- --
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 $7,783 $1,280,030 $425,370 $854,660
2023 $7,629 $1,280,030 $425,370 $854,660
2022 $3,573 $341,610 $249,480 $92,130
2021 $2,625 $249,480 $249,480 $0
2020 $2,615 $249,480 $249,480 $0
2019 $2,600 $249,480 $249,480 $0
2018 $2,528 $249,480 $249,480 $0
2017 $2,535 $249,480 $249,480 $0
2016 $2,510 $249,480 $249,480 $0
2015 $2,482 $249,480 $249,480 $0
2013 $2,275 $249,480 $249,480 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Vennard

    Seller's Agent in 2020

    Jason Vennard

    Anchor Real Estate

    (207) 332-8154

    56 in this area

    70 Total Sales

    Jason Vennard
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Map

Source: Maine Listings

MLS Number: 1466626

Maine Listings

APN: WLLS-000116-000000-000003

Maine York County Wells 04090

773B Ocean Ave, Wells, ME

This home is located at 773B Ocean Ave, Wells, ME 04090 since 28 August 2020 and is currently estimated at $1,489,470. 773B Ocean Ave is a home located in York County with nearby schools including Wells Junior High School, Wells Elementary School, and Wells High School.

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