NOT LISTED FOR SALE

88 Loop Rd Wells, ME 04090

Estimated Value: $442,903 - $491,000

3 Beds
1 Bath
1,000 Sq Ft
$464/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $233,000 $233 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,621/month

25 Days on Market

Highlights

  • Public Beach
  • Country Club
  • Deck
  • Wells Junior High School Rated A-
  • View of Trees or Woods
  • Wooded Lot

About This Home

As of November 2018

Looking for that great vacation home to get away from it all? Or rental property? This is it!!! Perfect location close to all the beaches, restaurants, shops and all that downtown Wells, Ogunquit and the Kennebunks have to offer. This cute raised ranch has space to relax with the family, room to expand, loads of parking, and beautiful screened-in porch with a huge deck for grilling family dinners on. The lot is tucked back away from traffic so it's nice and quiet. If privacy is what you want, but not too much, this is your perfect solution.

Last Agent to Sell the Property

Cathy Bame

Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 08/14/2018

Coldwell Banker Realty

Last Buyer's Agent

Dawn Marston

Fontaine Family-The Real Estate Leader

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,534

Year Built

  • Built in 1992

Lot Details

  • 0.56 Acre Lot
  • Public Beach
  • Level Lot
  • Wooded Lot
  • Property is zoned RA

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Screened Porch
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer

Additional Features

  • Deck
  • Property is near a golf course

Listing and Financial Details

  • Legal Lot and Block B / 003
  • Assessor Parcel Number WLLS-000025-000003-000000-B000000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,534

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 1 south to Route 9B (Littlefield Road) west. Go about 2 miles; turn on Loop Road. Driveway is a right of way with number on a post. House is in back.
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Year Built: 1992
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.56
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1000.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Sewer:Septic Design Available: Yes
  • Water Heater:Oil2: Yes
  • Location:Near Country Club: Yes
  • Water Info:Island3: No
  • Laundry Room:Laundry Room: Yes
  • Living Room Amenities:Informal2: Yes
  • Style:Raised Ranch: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Level, Wooded, Near Golf Course, Near Public Beach, Near Town, Neighborhood
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Screened
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24393.6
  • Parcel #: WLLS-000025-000003-000000-B000000
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 1534.0
  • Tax Block: 003
  • Tax Book Number: 8855
  • Tax Lot: B
  • Tax Map Number: 0025
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Nov 8, 2018
Sold by
Caiazzo Louise A
Bought by
Schools Chad M and Bruno Caitlin L
Seller's Agent
Cathy Bame
Coldwell Banker Realty
Buyer's Agent
Dawn Marston
Fontaine Family-The Real Estate Leader
List Price
$274,000
Sold Price
$233,000
Premium/Discount to List
-$41,000
-14.96%
Current Estimated Value
$463,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,976
Avg. Annual Appreciation
10.45%
Original Mortgage
$221,350
Outstanding Balance
$194,235
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$269,741
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
Schools Chad M -- --
Schools Chad M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schools Chad M $221,350
Closed Schools Chad M $221,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2018 11/06/18 Sold $233,000 -15.0% $233 / Sq Ft
09/09/2018 09/09/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $274,000 -- $274 / 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 $1,929 $317,220 $109,290 $207,930
2023 $1,891 $317,220 $109,290 $207,930
2022 $1,796 $171,710 $52,130 $119,580
2021 $1,806 $171,710 $51,800 $119,910
2020 $1,800 $171,710 $52,130 $119,580
2019 $1,782 $171,010 $51,800 $119,210
2018 $1,580 $171,010 $52,130 $118,880
2017 $1,737 $171,010 $52,130 $118,880
2016 $1,720 $171,010 $52,130 $118,880
2015 $1,702 $171,010 $52,130 $118,880
2013 $1,560 $171,010 $52,130 $118,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1365763

Maine Listings

APN: WLLS-000025-000003-000000-B000000