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29 Sylvan Way

Wells, ME 04090

2 beds
2 baths
1,488 sqft
~1/2 acre lot
$162 per sqft
2006 build
– on site

THIS CONDO IS AN 'AFFORDABLE 55+ CONDO' and you must qualify to purchase this home & provide tax returns to prove your eligibility. 1 Person can make up to $68,500 or 2 people can make up to $78,250 to qualify. THIS HOME CAN NOT BE SOLD TO SOMEONE THAT DOESN'T FIT THIS CRITERIA. CAN ONLY BE A PRIMARY RESIDENCE. This 2 bedroom, 2 1/2 bath condo has condo fees of $460 per month and the home is on town water & town sewer. There is an open concept galley style kitchen with hardwood floors and cathedral ceilings in part of the living room. There is a primary bedroom on the first floor with a walk in closet and a 3/4 bath on the first floor. There is a 1/2 bath off the living room area and stackable laundry is also on the first floor. The second floor has a second bedroom with an additional loft space featuring skylights & railings looking down into the 1st floor below. There is a storage area over the garage. This home offers forced hot air heat by propane & central air conditioning. This home is being sold as is and there are specific guidelines to follow for the qualification & purchase. This is a unique opportunity to live in Village Condos in Wells, located right off Route One & only minutes to the beaches. 2 Pets are allowed. Large deck off the back of the home.

Listing courtesy of MREIS / Moody Maxon Real Estate

Last checked: Checking… • Last updated Apr 24, 2024 •

MLS# 1587077 —

The Building

Year Built:

2006
Construction Materials:

Vinyl Siding, Wood Frame
Roof:

Shingle
Basement:

Crawl Space, Partial, Interior Entry, Unfinished
Unit Number:

7
Direction Faces:

None
Window Features:

None
Building Features:

None
Patio And Porch Features:

Deck
Building Area Total:

1488.0
Building Area Source:

Public Records

Interior

Rooms Total:

5
Kitchen:

true
Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area:

None

Financial & Terms

Land Lease:

false

Location

Directions:

None

The Property

Lot Features:

Level, Open Lot, Intown, Near Shopping, Near Town, Neighborhood
Lot Size:

20,908 Sqft
Lot Size Area:

0.48
Lot Size Acres:

0.48
Lot Size Units:

Acres
Lot Size Source:

Public Records
Lot Size Dimensions:

None
Zoning:

Residential
Property Attached:

No
Current Use:

None
Possible Use:

None
Topography:

None
Waterfront:

false
Road Surface Type:

Paved
Other Equipment:

None

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$1,438

Beds

Bedrooms Total:

2

Baths

Full Baths:

1
Three Quarter Baths:

None
Half Baths:

1
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Buyer's Brokerage Compensation:

2.0000

Heating & Cooling

Heating:

Multi-Zones, Forced Air, Blowers
Heating:

true
Cooling:

true
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher

Schools

Elementary School:

None
Middle Or Junior School:

None
High School:

None

The Community

Spa Features:

None
Pool Private:

No
Pets Allowed:

2 Pets
Association Amenities:

None
Association Fee Includes:

None
Association:

true
Association Fee:

460.0
Association Fee Frequency:

Monthly
# of Units In Community:

2

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

1.0
Carport Spaces:

None
Parking Features:

1 - 4 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance, Storage

Monthly cost estimate

Asking price

$241,200

Expense	Monthly cost
Mortgage	$1,291
Taxes	$119
Insurance	$66
HOA fees	$460
Utilities	$143 See report
Total	$2,079/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/24/24 Apr 24, 2024	Pending	MREIS	$241,200
4/22/24 Apr 22, 2024	Listed / Active	MREIS	$241,200

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This condo located in Wells, ME 04090 is currently pending sale for $241,200. 29 Sylvan Way is a 1,488 square foot condo with 2 beds and 2 baths that has been on Estately for 11 days. This condo is in the attendance area of Wells High School, Wells Junior High School, and Wells Elementary School.

Listing Provided Courtesy of Moody Maxon Real Estate

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. This website does not display complete Listings. Certain Listings of other real estate brokerage firms have been excluded.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.