NOT LISTED FOR SALE

85 Mile Rd Unit 4 Wells, ME 04090

Estimated Value: $289,905 - $312,000

2 Beds
1 Bath
576 Sq Ft
$176/mo HOA Fee

Last Sold February 01, 2016

Last sale price $130,250 $226 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,894/month

212 Days on Market

Highlights

  • Water Views
  • Public Beach
  • Main Floor Bedroom
  • Wells Junior High School Rated A-
  • Rowhouse Architecture
  • Patio

About This Home

As of February 2016

One of the few condo complexes in Wells that allow you to make the unit your primary residence. No 28 day rule. Views of the Marsh. great rental history.

Last Agent to Sell the Property

Cathy Davis

Garnsey Bros. Real Estate Listed on: 05/09/2015

Last Buyer's Agent

Joseph Butkovic

Bean Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,151

Year Built

  • Built in 1972

Lot Details

  • Public Beach
  • Landscaped

HOA Fees

  • $176 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Rowhouse Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 576 Sq Ft Home
  • Living Room
  • Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 013 / 4

Community Details

Overview

  • 9 Units
  • Sea Marsh Subdivision
  • Near Conservation Area

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,151

Year Built

Built in 1972

Lot Details

0

HOA Fees

$176 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Sea Marsh
  • Directions: Route 1 Wells to Mile road. Sea Marsh on right just before Marsh
  • Above Grade Finished Sq Ft: 576.0
  • Architectural Style: Row-Inside
  • Year Built: 1972
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 226.13
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.04
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 576.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 176.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 9
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Location:Abuts Conservation: Yes
  • Condominium:Total Units4: 25
  • Restrictions:Pet: Yes
  • Style:Row-Inside: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Abuts Conservation, Near Public Beach
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Clapboard, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • 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 Fee: 176.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions, Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 999999
  • Zoning: GB

Multi Family

  • Number Of Units In Community: 9
  • Number Of Units Total: 25

Tax Info

  • Tax Annual Amount: 1151.0
  • Tax Block: 4
  • Tax Lot: 013
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2015
Closed on
Feb 2, 2016
Sold by
Daniel W & M Obrien Irt and Obrien
Bought by
Kewley Joseph L and Kewley Havah M
Seller's Agent
Cathy Davis
Garnsey Bros. Real Estate
Buyer's Agent
Joseph Butkovic
Bean Group
List Price
$140,000
Sold Price
$130,250
Premium/Discount to List
-$9,750
-6.96%
Current Estimated Value
$303,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,976
Avg. Annual Appreciation
8.96%
Original Mortgage
$97,688
Outstanding Balance
$77,511
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$225,715

Purchase Details

Closed on
Jun 14, 2005
Sold by
Obrien Mary A and Obrien Daniel W
Bought by
D W & M A Obrien Irt and Obrien
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kewley Joseph L -- --
Kewley Joseph L -- --
D W & M A Obrien Irt -- --
D W & M A Obrien Irt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kewley Joseph L $97,688
Closed Kewley Joseph L $97,688
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2016 02/01/16 Sold $130,250 -7.0% $226 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
05/09/2015 05/09/15 For Sale $140,000 -- $243 / 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 $1,540 $253,230 $68,230 $185,000
2023 $1,509 $253,230 $68,230 $185,000
2022 $1,267 $121,130 $31,020 $90,110
2021 $1,274 $121,130 $31,020 $90,110
2020 $1,269 $121,130 $31,020 $90,110
2019 $1,262 $121,130 $31,020 $90,110
2018 $1,250 $121,130 $31,020 $90,110
2017 $1,231 $121,130 $31,020 $90,110
2016 $1,219 $121,130 $31,020 $90,110
2015 $1,205 $121,130 $31,020 $90,110
2013 $1,105 $121,130 $31,020 $90,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1215498

Maine Listings

APN: WLLS-000121-000013-000000-000001-4