NOT LISTED FOR SALE

85 Mile Rd Unit 18 Wells, ME 04090

Estimated Value: $327,327 - $356,000

2 Beds
1 Bath
672 Sq Ft
$271/mo HOA Fee

Last Sold February 20, 2024

Last sale price $320,000 $476 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,217/month

3 Days on Market

Highlights

  • Public Beach
  • Main Floor Bedroom
  • Shed
  • Wells Junior High School Rated A-
  • Bathtub
  • Tile Flooring

About This Home

As of February 2024

**Open House canceled 1/28.** Live less than 1 mile from the beach! Sea Marsh Condominiums is located 0.7 mi. from beautiful Wells Beach, tucked in between Kennebunkport & Ogunquit, on Maine's southern coast. This is a great opportunity to purchase as your primary home, vacation home, or as a fantastic investment property! This wonderful 2 bedroom, 1 bathroom condo is conveniently located on the 1st floor and has parking for 2 vehicles. Upon entry you'll find an open floor plan with lots of natural light and charming details including a gas stove for cozy winter evenings, and knotty pine tongue & groove ceiling in the main living space. The kitchen comes fully equipped with appliances, lots of cabinets for excellent storage, and a peninsula for casual dining. The first bedroom has generous closet space and the second bedroom is large enough to accommodate your washer & dryer. A full bathroom completes the space. A private shed also comes with the unit for even more storage. Take in the views and entertain guests with access to the large shared green space. Low condo fee includes landscaping, plowing, building maintenance, trash, water/sewer, cable/internet. This association is exempt from the 28-day rule. Delayed showings until the open house, 1/27 & 1/28, 11am-1pm both days!

Last Agent to Sell the Property

Holly Dubay

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 01/22/2024

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Robin Brennan

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,763

Year Built

  • Built in 1978

Lot Details

  • Public Beach
  • Open Lot

HOA Fees

  • $271 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 672 Sq Ft Home
  • Family Room

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 18 / 13 3
  • Assessor Parcel Number WLLS-000121-000013-000000-000003-18

Community Details

Overview

  • 8 Units
  • Sea Marsh Condo Association Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,763

Year Built

Built in 1978

Lot Details

0

HOA Fees

$271 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Sea Marsh Condo Association
  • Above Grade Finished Sq Ft: 672.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1978
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 476.19
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 672.0
  • Property Information:Garage: No
  • 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
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 271.46
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 8
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Restrictions:Pet: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach
  • Waterfront: No
  • Construction Type: Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 271.46
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions, Yes

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: WLLS-000121-000013-000000-000003-18
  • Zoning: GB

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 1763.0
  • Tax Block: 13 3
  • Tax Lot: 18
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Feb 20, 2024
Sold by
Pomeroy Chester C
Bought by
Paul K Nugent Ft and Nugent
Seller's Agent
Holly Dubay
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Robin Brennan
Coldwell Banker Realty
List Price
$320,000
Sold Price
$320,000
Views
95
Current Estimated Value
$342,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,332
Avg. Annual Appreciation
3.84%

Purchase Details

Listed on
Oct 27, 2017
Closed on
Mar 14, 2018
Sold by
Naylor Mildred E
Bought by
Pomeroy Chester C
Seller's Agent
Cathy Davis
Garnsey Bros. Real Estate
Buyer's Agent
Richard West
RE/MAX Realty One
List Price
$170,000
Sold Price
$162,000
Premium/Discount to List
-$8,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$87,000
Interest Rate
4.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Paul K Nugent Ft $320,000 Misc Company
Paul K Nugent Ft $320,000 Misc Company
Paul K Nugent Ft $320,000 Misc Company
Pomeroy Chester C -- --
Pomeroy Chester C -- --
Pomeroy Chester C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pomeroy Chester C $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2024 02/20/24 Sold $320,000 0.0% $476 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $320,000 +97.5% $476 / Sq Ft
03/09/2018 03/09/18 Sold $162,000 -4.7% $241 / Sq Ft View Prior Sale
01/30/2018 01/30/18 Pending -- -- --
10/27/2017 10/27/17 For Sale $170,000 -- $253 / 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 $1,798 $295,740 $79,720 $216,020
2023 $1,763 $295,740 $79,720 $216,020
2022 $1,510 $144,350 $36,250 $108,100
2021 $1,497 $142,330 $36,250 $106,080
2020 $1,492 $142,330 $36,250 $106,080
2019 $1,483 $142,330 $36,250 $106,080
2018 $1,469 $142,330 $36,250 $106,080
2017 $1,446 $142,330 $36,250 $106,080
2016 $1,432 $142,330 $36,250 $106,080
2015 $1,416 $142,330 $36,250 $106,080
2013 -- $142,330 $36,250 $106,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1580849

Maine Listings

APN: WLLS-000121-000013-000000-000003-18