NOT LISTED FOR SALE

85 Mile Rd Unit 8 Wells, ME 04090

Estimated Value: $295,509 - $323,000

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

Last Sold July 17, 2015

Last sale price $97,500 $169 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,957/month

33 Days on Market

Highlights

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

About This Home

As of July 2015

Great location!!!! Enjoy this 2 bedroom, 1 bath condo on the edge of the marsh. Easily walk down Mile Rd to the beach and other attractions. Route 1 has restaurants and activities for kids. This unit will need TLC. Weekly rentals allowed within a year round complex. Summer weekly rental rate approx $1200-$1400, with monthly off season rate around $500-$700. Do not miss this opportunity to own a condo east of Route 1 within walking distance of so many activities!!! Priced below assessed value.

Last Agent to Sell the Property

William Holland

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 07/27/2015

Last Buyer's Agent

Deborah Lynch

RE/MAX Realty One License #039396

RE/MAX Realty One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,151

Year Built

  • Built in 1972

Lot Details

  • Public Beach
  • Near Conservation Area
  • Level Lot

HOA Fees

  • $176 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 576 Sq Ft Home
  • Living Room
  • Water Views
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number WLLS-000121-000013-000000-000002-8

Community Details

Overview

  • 9 Units
  • Sea Marsh Subdivision

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: 95 North to Exit 19, after going through the tolls, L onto Route 9 (Sanford Rd), R onto Route 1 (Southbound), L onto Mile Rd (approx 1.5 miles) traffic light, Sea Marsh Condos are on your left just before the 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
  • 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:Corner Lot: Yes
  • Site:Level: 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
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: 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:Rental Allowed: Yes
  • Condominium:Units in Building: 9
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Equipment:Cable: Yes
  • Location:Abuts Conservation: Yes
  • Cooling:AC Units: Yes
  • Condominium:Total Units4: 25
  • Restrictions:Pet: Yes
  • Style:Row-Inside: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: Corner Lot, Level, Abuts Conservation, Near Public Beach, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Clapboard, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: 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 #: WLLS-000121-000013-000000-000002-8
  • Zoning: GB

Multi Family

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

Tax Info

  • Tax Annual Amount: 1151.0
  • Tax Book Number: 11203
  • Tax Lot: 00
  • Tax Map Number: 99999
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Mercier Renee Y and Mercier Aaron H
Bought by
Renee Y Mercier Ret and Mercier
Current Estimated Value
$312,127

Purchase Details

Closed on
May 7, 2021
Sold by
Hessel Pesiri Ret and Hessel
Bought by
Mercier Renee Y and Mercier Aaron H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,875
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2018
Sold by
Hessel Bruce A and Pesiri Robert J
Bought by
Hessel Pesiri Ret and Hessel

Purchase Details

Listed on
Jul 27, 2015
Closed on
Aug 3, 2015
Sold by
Haskell 3Rd Edward W and Haskell Deborah J
Bought by
Hessel Bruce and Pesiri Robert
Seller's Agent
William Holland
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Deborah Lynch
RE/MAX Realty One
List Price
$110,000
Sold Price
$97,500
Premium/Discount to List
-$12,500
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.98%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Renee Y Mercier Ret -- None Available
Renee Y Mercier Ret -- None Available
Mercier Renee Y -- None Available
Mercier Renee Y -- None Available
Hessel Pesiri Ret -- --
Hessel Pesiri Ret -- --
Hessel Bruce -- --
Hessel Bruce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercier Renee Y $178,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2015 07/17/15 Sold $97,500 -11.4% $169 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $110,000 -- $191 / 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 $1,570 $258,170 $68,230 $189,940
2023 $1,539 $258,170 $68,230 $189,940
2022 $1,297 $123,980 $31,020 $92,960
2021 $1,286 $122,260 $31,020 $91,240
2020 $1,281 $122,260 $31,020 $91,240
2019 $1,274 $122,260 $31,020 $91,240
2018 $1,233 $122,260 $31,020 $91,240
2017 $1,242 $122,260 $31,020 $91,240
2016 $1,230 $122,260 $31,020 $91,240
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

  • W

    Seller's Agent in 2015

    William Holland

    Keller Williams Coastal and Lakes & Mountains Realty

  • D

    Buyer's Agent in 2015

    Deborah Lynch

    RE/MAX

    Section Image
  • Deb Lynch

    Buyer's Agent in 2015

    Deb Lynch

    Keller Williams Coastal and Lakes & Mountains Realty

    (978) 239-8816

    9 in this area

    24 Total Sales

    Deb Lynch
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1220810

Maine Listings

APN: WLLS-000121-000013-000000-000002-8

Maine York County Wells 04090

85 Mile Rd Unit 8, Wells, ME

This home is located at 85 Mile Rd Unit 8, Wells, ME 04090 since 27 July 2015 and is currently estimated at $312,127, approximately $541 per square foot. This property was built in 1972. 85 Mile Rd Unit 8 is a home located in York County with nearby schools including Wells Junior High School, Wells Elementary School, and Wells High School.

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