Closed

$180,000

1277 Post Road #142, Wells, ME 04090

1beds

310sqft

Condominium

Built in 1920

-- sqft lot

$182,900 Zestimate^®

$581/sqft

$1,976 Estimated rent

Home value

$182,900

$168,000 - $198,000

$1,976/mo

Zestimate^® history

Owner options

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$1,976/mo

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$1,976/mo

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$1,746/mo

Est. payment

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$1,746/mo

Est. payment

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What's special

New composite decking

This studio style unit in a prime location at the Water Crest Motels and Cottages Association. Enjoy your private deck with a view of the pool and hot tub which is only steps away. The unit has tile throughout which makes for easy cleanings, the stove, TV, bed and bed frame are new. The deck has all new composite decking! right on route 1 in Wells, this association is close to the ocean and beaches, as well as the local shops and restaurants. A key feature of this association is the property manager who is employed by the association and does not take a management fee, the owner gets all of the rental income for their unit! This unit has a healthy rental history and the bonus of being open year round! You cannot beat this price for a year round condo in Wells. The 28 day rule does apply.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: First

Kitchen

Level: First

Heating

Hot Water

Cooling

Has cooling: Yes

Features

Flooring: Tile
Basement: None
Has fireplace: No

Interior area

Total structure area: 310
Total interior livable area: 310 sqft
Finished area above ground: 310
Finished area below ground: 0

Property

Parking

Parking features: Common, 1 - 4 Spaces, On Site

Features

Patio & porch: Deck
Has view: Yes
View description: Scenic

Lot

Features: Abuts Conservation, Near Golf Course, Near Shopping, Other, Level, Open Lot

Details

Parcel number: WLLSM126L17142
Zoning: GB

Construction

Type & style

Home type: Condo
Architectural style: Cottage
Property subtype: Condominium

Materials

Wood Frame, Vinyl Siding
Roof: Shingle

Condition

Year built: 1920

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Watercrest Cottages and Motels

HOA

Has HOA: Yes
HOA fee: $571 quarterly

Location

Region: Wells

Financial & listing details

Price per square foot: $581/sqft
Tax assessed value: $140,630
Annual tax amount: $838
Date on market: 4/4/2025

Price history

Date	Event	Price
7/3/2025	Sold	$180,000+6.5%$581/sqft
Source: Maine Listings #1618047 Report a problem
4/10/2025	Pending sale	$169,000$545/sqft
Source: Maine Listings #1618047 Report a problem
4/4/2025	Listed for sale	$169,000+69.2%$545/sqft
Source: Maine Listings #1618047 Report a problem
10/16/2020	Sold	$99,900$322/sqft
Source: Maine Listings #1467137 Report a problem
9/6/2020	Pending sale	$99,900$322/sqft
Source: RE/MAX Realty One #1467137 Report a problem
9/2/2020	Listed for sale	$99,900$322/sqft
Source: RE/MAX Realty One #1467137 Report a problem
8/1/2018	Listing removed	$1,000$3/sqft
Source: Owner Report a problem
7/27/2018	Price change	$1,000-2.4%$3/sqft
Source: Owner Report a problem
7/9/2018	Listed for rent	$1,025+3%$3/sqft
Source: Owner Report a problem
6/19/2017	Listing removed	$995$3/sqft
Source: Owner Report a problem
6/8/2017	Price change	$995-43.1%$3/sqft
Source: Owner Report a problem
5/20/2017	Price change	$1,750-32.7%$6/sqft
Source: Owner Report a problem
5/11/2017	Price change	$2,600+197.1%$8/sqft
Source: Owner Report a problem
5/5/2017	Listed for rent	$875+6.1%$3/sqft
Source: Owner Report a problem
9/4/2015	Listing removed	$825$3/sqft
Source: Owner Report a problem
8/23/2015	Listed for rent	$825+12.2%$3/sqft
Source: Owner Report a problem
9/29/2014	Listing removed	$735$2/sqft
Source: Owner Report a problem
9/5/2014	Listed for rent	$735-12.5%$2/sqft
Source: Owner Report a problem
4/23/2014	Listing removed	$840$3/sqft
Source: Owner Report a problem
2/16/2014	Listed for rent	$840$3/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$855 +2%	$140,630
2023	$838 +17.5%	$140,630 +106.4%
2022	$713 -0.6%	$68,140
2021	$717 +0.4%	$68,140
2020	$714 +3.9%	$68,140 +3.4%
2019	$687 +5.4%	$65,910 +4.4%
2018	$652 +1.6%	$63,160
2017	$642 +1.1%	$63,160
2016	$635 +1.1%	$63,160
2015	$628 +9%	$63,160
2013	$576 +41.5%	$63,160 +33.8%
2012	$407	$47,210