NOT LISTED FOR SALE

786 Ocean Ave Wells, ME 04090

Estimated Value: $725,000 - $945,000

2 Beds
2 Baths
1,344 Sq Ft
$606/Sq Ft Est. Value

Last Sold November 02, 2017

Last sale price $350,000 $260 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $4,645/month

218 Days on Market

Highlights

  • Public Beach
  • Deck
  • Main Floor Primary Bedroom
  • Wells Junior High School Rated A-
  • Contemporary Architecture
  • Bonus Room

About This Home

As of November 2017

Would you like to be able to walk to the beach, hear the waves crashing from your large deck, & smell the ocean from your living room? This reversed layout home features the open concept kitchen,living room,& dining room on the 2nd floor along w/a large deck perfect for enjoying all things Maine.The first floor offers 3 rooms,1 currently used as a den w/2 Bathrooms,walk in closet in the master,& stackable washer/dryer.The home has a new Rinnaii on demand propane water heater along w/Rinnaii direct vent heater.

Last Agent to Sell the Property

Pamela Maxon

Moody Maxon Real Estate Listed on: 01/24/2017

Last Buyer's Agent

Jennifer Laverdiere

Coldwell Banker Grace Drapeau Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1986

Lot Details

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

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Dining Room
  • Bonus Room
  • Crawl Space

Kitchen

  • Electric Range
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 165 A
  • Assessor Parcel Number WLLS-000115-000165-000000-A000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,500

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From the Intersection of Route 1 and Eldredge Road at Scoop Deck Ice Cream take Eldredge Road to Ocean Avenue on the Right. This home is 1/8 Mile on the right. Home is set back behind Number 788 Ocean. Driveway directly after 788 Ocean Ave.
  • Above Grade Finished Sq Ft: 1344.0
  • Architectural Style: Contemporary
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1344.0
  • 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:Baseboard: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Heat Fuel:Electric: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Floors:Laminate: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Basement:Crawl Space: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Heat System:Direct Vent Heater: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Has Basement: None, Crawl Space, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Bathtub, Shower, Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, 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: 5662.8
  • Parcel #: WLLS-000115-000165-000000-A000000
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 3500.0
  • Tax Book Number: 15587
  • Tax Lot: 165 A
  • Tax Map Number: 0115
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2017
Closed on
Nov 3, 2017
Sold by
Allard Raymond A and Allard Claire M
Bought by
Peake Sam and Peake Victoria F
Seller's Agent
Pamela Maxon
Moody Maxon Real Estate
Buyer's Agent
Jennifer Laverdiere
Coldwell Banker Grace Drapeau Real Estate
List Price
$374,900
Sold Price
$350,000
Premium/Discount to List
-$24,900
-6.64%
Current Estimated Value
$814,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,835
Avg. Annual Appreciation
11.17%
Original Mortgage
$280,000
Outstanding Balance
$234,503
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$580,332

Purchase Details

Closed on
Mar 19, 2009
Sold by
Allard Claire M
Bought by
Allard Raymond A
Source: Public Records

Range of Values:

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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
Peake Sam -- --
Peake Sam -- --
Allard Raymond A -- --
Allard Raymond A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peake Sam $280,000
Closed Peake Sam $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2017 11/02/17 Sold $350,000 -6.6% $260 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $374,900 -- $279 / 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 $4,060 $667,700 $408,610 $259,090
2023 $3,813 $639,710 $408,610 $231,100
2022 $3,691 $352,840 $239,600 $113,240
2021 $3,701 $351,780 $239,600 $112,180
2020 $3,687 $351,780 $239,600 $112,180
2019 $3,666 $351,780 $239,600 $112,180
2018 $3,516 $351,780 $239,600 $112,180
2017 $3,574 $351,780 $239,600 $112,180
2016 $3,539 $351,780 $239,600 $112,180
2015 $3,500 $351,780 $239,600 $112,180
2013 $3,208 $351,780 $239,600 $112,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1293421

Maine Listings

APN: WLLS-000115-000165-000000-A000000