NOT LISTED FOR SALE

Estimated Value: $438,000 - $559,000

2 Beds
1 Bath
1,288 Sq Ft
$387/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $280,000 $217 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,975/month

7 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 Home

As of August 2020

Why would you spend over $200K on a 600 sq ft cottage that is only open May 1st through October 31st? Enjoy the Southern Maine Seacoast year-round in this charming 2 bedroom, 1 bath, 1288 sq. ft. bungalow style home. Located just 1.5 miles to the sand and surf of Wells Beach with many other area attractions just outside your door. Great restaurants including Congdon's Doughnuts, Congdon's After Dark, Mike's Clam Shack, The Steak House, Borealis Breads and Varanos are all less than a 15 minute walk away. While this property is situated in the ''heart-of-it-all'' you will feel miles away when you return to your peaceful retreat. Mature, lush gardens surround private patios and secluded walk-ways around the entire property. A new cedar fence frames the lot perfectly. There is plenty of outdoor space for entertaining. Like the yard, the inside of this home is warm and inviting as well. As you come into the main entrance, you are greeted by a large entry with coat closet and a pellet stove. The first floor offers a spacious living room with vaulted ceilings, kitchen with cherry cabinetry, stainless steel appliances and granite countertops, full bath with laundry and a small office or den area with direct access to the backyard. The second floor is where you will find the two bedrooms, one with a massive walk-in close. There are many nice details including wainscoting, tongue and groove wood ceilings, arched windows, square trim package, built-ins, etc. throughout the home. The home has also had numerous upgrades over the past several years including paint, flooring and landscaping. This is a year-round residential home for under $300K in the Town of Wells with no restrictions, don't wait too long to call to setup a private showing. Call today!

Last Listed By

Jason Vennard

Anchor Real Estate Listed on: 07/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1976

Lot Details

  • 5,227 Sq Ft Lot
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Street terminates at a dead end
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned RA

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Cottage
  • Bungalow
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,288 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Den
  • Views of Woods
  • Storm Doors

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Shed

Location

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 017A
  • Assessor Parcel Number WLLS-000123-000017-000000-A000000

Community Details

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,929

Year Built

Built in 1976

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Interstate 95 to Wells Exit #19, Route 109 east to Route 1, Route 1 south to Rest View Lane on right just after Mike's Clam Shack. 78 Rest View Lane will be near the end on the left. Look for sign.
  • Above Grade Finished Sq Ft: 1288.0
  • Architectural Style: Cottage, Bungalow
  • Garage Yn: No
  • Efficiency: Storm Doors, Energy Star Appliances, Double Pane Windows
  • Year Built: 1976
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1288.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • 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:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Fence: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Room Features:Walk-in Closet17: Yes
  • Style:Bungalow: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Skylight31: Yes
  • Room Features:Skylight32: Yes
  • Roads:Dead End: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Room Features:Heat Stove29: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Room Features:Built-Ins30: Yes
  • Den:Den: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Heat Fuel:Pellets: Yes
  • Dining Room Amenities:Informal: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Living Room Amenities:Informal2: Yes
  • Bedroom 1 Amenities:Walk-in Closet: Yes
  • Living Room Amenities:Vaulted Ceiling14: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Bedroom 1 Amenities:Built-Ins5: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Other
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Near Public Transit
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Stove, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: WLLS-000123-000017-000000-A000000
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 1929.0
  • Tax Book Number: 17293
  • Tax Lot: 017A
  • Tax Map Number: 0123
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 31, 2020
Sold by
Gray Daniel P and Gray Paula L
Bought by
Sweet Lisa A
Seller's Agent
Jason Vennard
Anchor Real Estate
Buyer's Agent
Steve Weigel
Coldwell Banker Y-Gull & Associates
List Price
$294,900
Sold Price
$280,000
Premium/Discount to List
-$14,900
-5.05%
Total Days on Market
7
Current Estimated Value
$498,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,272
Avg. Annual Appreciation
11.45%
Original Mortgage
$252,000
Outstanding Balance
$228,509
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$237,094

Purchase Details

Listed on
Apr 14, 2016
Closed on
Aug 8, 2016
Sold by
Loftus Mary E and Thomas Marjorie I
Bought by
Gray Daniel P and Gray Paula L
Seller's Agent
Michael Thomas
Keller Williams Realty
Buyer's Agent
Anne Pope
Bean Group
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$202,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Sweet Lisa A -- None Available
Gray Daniel P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweet Lisa A $252,000
Previous Owner Gray Daniel P $202,500
Previous Owner Thomas Marjorie I $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $280,000 -5.1% $217 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $294,900 +31.1% $229 / Sq Ft
08/05/2016 08/05/16 Sold $225,000 -4.3% $175 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $235,000 -- $182 / 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
2023 $2,355 $395,080 $170,050 $225,030
2022 $1,936 $185,130 $65,200 $119,930
2021 $1,948 $185,130 $65,200 $119,930
2020 $1,940 $185,130 $65,200 $119,930
2019 $1,929 $185,130 $65,200 $119,930
2018 $1,873 $185,130 $65,200 $119,930
2017 $1,881 $185,130 $65,200 $119,930
2016 $1,862 $185,130 $65,200 $119,930
2015 $1,836 $184,530 $65,200 $119,330
2013 $1,479 $162,160 $54,300 $107,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1460706

Maine Listings

APN: WLLS-000123-000017-000000-A000000