activated charcoal filters out chemicals (think fish tank).
Carbon filters are useless against arsenic which turns up in WA wells regularly. Also, nobody has mentioned that you need to take special precautions on wells if you or your neighbor has a septic system nearby.
When you sell your property, the buyer can require you to have wells tested. If you have found arsenic in the past, some counties require you to disclose it by law. And if you didn't get permits...