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722 Ocean Ave

Wells, ME 04090

3 bd 2 ba 1,929 sqft Built 1890 Lot 4,792 sqft single_family
Most recent sale
$125,620
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2023 Price changed $1,100,050 MaineListings
Apr 2, 2023 Listed $1,100,000 MaineListings
Aug 31, 2022 Listed $1,100,000 MaineListings
Jun 28, 2022 Sold $125,620 Public Record
Aug 14, 2013 Listing removed $675,000 MaineListings
Aug 10, 2013 Listed $675,000 MaineListings
Sep 19, 2012 Listing removed $598,500 MaineListings
Mar 27, 2012 Listed $598,500 MaineListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $345,090 $650,050 $995,140 $6,429
2022 $180,310 $279,550 $459,860 $4,810
2021 $180,310 $279,550 $459,860 $4,838
2020 $165,020 $279,550 $444,570 $4,659
2019 $165,020 $279,550 $444,570 $4,632
2018 $168,700 $279,550 $448,250 $4,626
2017 $168,700 $279,550 $448,250 $4,554
2016 $168,700 $279,550 $448,250 $4,509
2015 $168,700 $279,550 $448,250 $4,460
2014 $145,490 $279,550 $425,040 $4,038
2012 $210,660 $296,890 $507,550 $2,190
2007 $145,860 $296,890 $442,750 $3,519

Property facts

Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,929 sqft
Lot size
4,792 sqft
ZIP code
04090
City
Wells
Street
Ocean Ave
Coordinates
43.28706, -70.57296

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$754
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 722 Ocean Ave last sell?
722 Ocean Ave most recently sold on Jun 28, 2022 for $125,620.
What is the current tax assessment for 722 Ocean Ave?
The most recent total assessment for 722 Ocean Ave (year 2025) is $995,140 with $6,429 in property tax.
How does 722 Ocean Ave's assessment compare to its last sale price?
The current assessment is 692.2% above the last sale price of $125,620.
When was 722 Ocean Ave built?
722 Ocean Ave was built in 1890.
How does 722 Ocean Ave compare to others on Ocean Ave?
We track 8 other properties on Ocean Ave. Browse the list under "Other properties on Ocean Ave" to compare beds, baths, and sale history.
What are the property facts for 722 Ocean Ave?
722 Ocean Ave is a 3 bed, 2 bath, 1,929 sqft, 4,792 sqft lot single_family.
Is 722 Ocean Ave a flip candidate?
No — 722 Ocean Ave does not appear in our flips dataset.
Is 722 Ocean Ave a tax-appeal candidate?
No — 722 Ocean Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.2%
2026 Q1
$493.4K
2026 Q2
$499.3K
ZIP 04090 — Median Price History + Forecast

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