NOT LISTED FOR SALE

778 Ocean Ave Unit W1 Wells, ME 04090

Estimated Value: $646,094 - $1,104,000

3 Beds
2.5 Baths
1,832 Sq Ft
$484/Sq Ft Est. Value

Last Sold October 04, 2017

Last sale price $395,000 $216 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,383/month

182 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Deck
  • Wells Junior High School Rated A-
  • 4.5 Acre Lot
  • Balcony

About This Home

As of October 2017

Enjoy the sounds of the ocean & views of marsh from this year-round townhome. Nestled beside acres of conservation land & just a short walk to the beach, this end unit boasts 1800+/- SF of living space,2 decks, detached 1-car garage & large grassy open common space.The open concept 1st floor features a sunny kitchen with granite,dining area & large living room with fireplace for chilly fall nights. Master offers its own private deck while two additional bedrooms complete this 3-level condo.

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 02/14/2017

Last Buyer's Agent

Peter LaRochelle

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,469

Year Built

  • Built in 1983

Lot Details

  • Public Beach
  • Near Conservation Area
  • Open Lot

HOA Fees

  • $335 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,832 Sq Ft Home
  • Built-In Features
  • Skylights
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Bedroom Suite

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Nearby Water Access
  • Balcony
  • Deck

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 064
  • Assessor Parcel Number WLLS-000112-000064-000000-000001

Community Details

Overview

  • 3 Units
  • Point Moody Condominum Subdivision

Pet Policy

  • Pets Allowed
  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,469

Year Built

Built in 1983

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 4.5
  • MLS Status: Closed
  • Subdivision Name: Point Moody Condominum
  • Directions: US Rt 1 North to Wells, right on Eldridge Road, right onto Ocean Ave, condos will be on your right.
  • Above Grade Finished Sq Ft: 1832.0
  • Architectural Style: Townhouse
  • Year Built: 1983
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.5
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1832.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 335.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 3
  • Driveway:Common2: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Vehicle Storage:Detached: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Driveway:Gravel: Yes
  • Location:Abuts Conservation: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Dining Room Amenities:Informal: Yes
  • Basement Entry:Exterior Only: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Style:Townhouse: Yes
  • Restrictions:Pet: Yes
  • Bedroom Amenities 2:Skylight10: Yes
  • Bedroom 1 Amenities:Suite: Yes
  • Bedroom 1 Amenities:Built-Ins5: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Primary Bedroom w/Bath
  • Bedroom 2 Level: Upper
  • 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

Exterior Features

  • Lot Features: Level, Open Lot, Abuts Conservation, Near Public Beach, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Common, Detached

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 335.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions, Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 196020.0
  • Parcel #: WLLS-000112-000064-000000-000001
  • Zoning: RB

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 3469.0
  • Tax Book Number: 10500
  • Tax Lot: 064
  • Tax Map Number: 0112
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
Oct 5, 2017
Sold by
Cooper Elysa A and Zerhusen Patricia M
Bought by
Grover Scott M and Grover Amy A
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$419,000
Sold Price
$395,000
Premium/Discount to List
-$24,000
-5.73%
Current Estimated Value
$886,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,024
Avg. Annual Appreciation
10.58%
Original Mortgage
$250,000
Outstanding Balance
$209,044
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$676,980
Source: Public Records

Range of Values:

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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
Grover Scott M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grover Scott M $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2017 10/04/17 Sold $395,000 -5.7% $216 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $419,000 -- $229 / 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 $4,363 $717,670 $467,180 $250,490
2023 $4,277 $717,670 $467,180 $250,490
2022 $3,870 $369,940 $188,180 $181,760
2021 $3,892 $369,940 $188,180 $181,760
2020 $3,767 $359,430 $188,180 $171,250
2019 $3,745 $359,430 $188,180 $171,250
2018 $3,709 $359,430 $188,180 $171,250
2017 $3,644 $358,680 $188,180 $170,500
2016 $3,608 $358,680 $188,180 $170,500
2015 $3,569 $358,680 $188,180 $170,500
2013 $3,271 $358,680 $188,180 $170,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1295107

Maine Listings

APN: WLLS-000112-000064-000000-000001