This unique opportunity for a fantastic investment is one of a kind! A large duplex cottage that has been meticulously maintained and updated. Each unit has a spacious 2 bed and one bathroom which allows for great rental income or the use one unit and rent the other! These cottages are open from May 1st until January 9th. This association employs their own property manager so no management fee is taken out of the rental income you get! This unique feature allows you to accurately plan your expenses because the HOA fee is all you pay! compared to other associations you will pay less in fees at Water Crest than anywhere else. This is an investors dream! Do not let this opportunity pass you by!!
Sold for $420,000
$420,000
1277 Post Rd #106, Wells, ME 04090
4beds
1,240sqft
Condo
Built in 1977
-- sqft lot
$425,500 Zestimate®
$339/sqft
$3,098 Estimated rent
Home value
$425,500
$383,000 - $472,000
$3,098/mo
Zestimate® history
Owner options
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$3,098/mo
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$2,599/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Oil
Cooling
- Other
Interior area
- Total interior livable area: 1,240 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 10,018 Square Feet
Details
- Parcel number: WLLSM126L17106
Construction
Type & style
- Home type: Condo
Materials
- Roof: Asphalt
Condition
- Year built: 1977
Community & HOA
Location
- Region: Wells
Financial & listing details
- Price per square foot: $339/sqft
- Tax assessed value: $221,350
- Annual tax amount: $1,346
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2025 | Sold | $420,000+42.4%$339/sqft |
Source: Public Record Report a problem | ||
| 10/10/2020 | Listing removed | $295,000$238/sqft |
Source: RE/MAX Realty One #1468215 Report a problem | ||
| 9/10/2020 | Listed for sale | $295,000$238/sqft |
Source: RE/MAX Realty One #1468215 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,346 +2% | $221,350 |
| 2023 | $1,319 -4.1% | $221,350 +68.4% |
| 2022 | $1,375 -0.6% | $131,450 |
| 2021 | $1,383 +2.4% | $131,450 +2% |
| 2020 | $1,351 +0.6% | $128,910 |
| 2019 | $1,343 +1% | $128,910 |
| 2018 | $1,330 +6.7% | $128,910 +5% |
| 2017 | $1,247 +1% | $122,750 |
| 2016 | $1,235 +1.1% | $122,750 |
| 2015 | $1,221 +9.1% | $122,750 |
| 2013 | $1,119 -2.1% | $122,750 -7.4% |
| 2012 | $1,143 | $132,490 |
Find assessor info on the county website
Neighborhood: 04090
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Wells Junior High SchoolGrades: 5-8Distance: 0.5 mi
- 8/10Wells High SchoolGrades: 9-12Distance: 0.5 mi
- 9/10Wells Elementary SchoolGrades: K-4Distance: 0.8 mi
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$425,500
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- Maine
- York County
- Wells
- 04090
- 1277 Post Rd Unit 106