$295,000
SOLD DEC 16, 2024

114 Torsey Shores Rd Readfield, ME 04355

3 Beds
2 Baths
1,200 Sq Ft
0.41 Acres

Recently Sold

$246 Per Sq Ft

9% Below List Price

41 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • 300 Feet of Waterfront
  • Home fronts a pond
  • Wooded Lot

About This Home

As of December 2024

Waterfront opportunity on pristine and quiet Torsey Pond in Readfield at an affordable price. Property has been stayed in periodically over the years and needs some clean out, but the potential is huge. Put in some sweat equity and the pay-off is a lifetime of ownership that has 3 bedrooms, 2 full bathrooms, separate laundry room, oversized one car garage, workshop and all on a FLAT lot with 100 feet of water frontage with its own SANDY BEACH. Enjoy dinners on the deck while watching the sun set, paddle or kayak and listen to the loon's coo and raise their young on a small island near the beach. No personal water craft (jet skis) are allowed imagine the quiet with so many possibilities.

Last Agent to Sell the Property

Taylor Tarbox

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: sarahallarie@masiello.com Listed on: 10/04/2024

Better Homes & Gardens Real Estate/The Masiello Group

Co-Listed By

Sarah Allarie

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: sarahallarie@masiello.com

Last Buyer's Agent

Lyndee Waldbauer

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1960

Lot Details

  • 0.41 Acre Lot
  • Home fronts a pond
  • 300 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Seasonal Access to Property
  • Level Lot
  • Wooded Lot
  • Property is zoned Shorland

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Gambrel Roof
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Deep Water Access
  • Docks
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Generator Hookup
  • Well
  • Electric Water Heater
  • Septic System
  • Internet Available
  • Cable TV Available

Community Details

  • Torsey Shores Rd Assoc. Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number RFLD-000106-000000-000085

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,064

Year Built

Built in 1960

Lot Details

0

HOA Fees

$32 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Torsey
  • Co List Office Mls Id: 1104
  • Co List Office Phone: 207-623-4182
  • MLS Status: Closed
  • Subdivision Name: Torsey Shores Rd Assoc.
  • Directions: Readfield to Old Kents Hill Rd (Town Office) - Right on Thundercastle Rd - Left on Torsey Shores Rd - Property #114
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Gambrel, Ranch
  • Garage Yn: Yes
  • Year Built: 1960
  • Attribution Contact: sarahallarie@masiello.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.41
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1200.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 382.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Roof:Metal: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Floors:Laminate: Yes
  • Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Appliances Included:Cooktop: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 300.0
  • Water Info:Water Frontage Owned -: 100.0
  • Water Info:Water Frontage Shared -: 200.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Laundry Room:Laundry Room: Yes
  • Style:Gambrel: Yes
  • Electric:Generator Hookup: Yes
  • Vehicle Storage:Heated: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Washer/Dryer Other Location: Yes
  • Recreational Water:Beach Rights: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Cooktop
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Level, Wooded, Other, Rural
  • View: Scenic
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Deck
  • Roof: Metal, Pitched
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel, Heated Garage

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 382.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17859.6
  • Parcel #: RFLD-000106-000000-000085
  • Zoning: Shorland

Tax Info

  • Tax Annual Amount: 3064.0
  • Tax Book Number: 14452
  • Tax Lot: 74
  • Tax Map Number: 106
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Dec 16, 2024
Sold by
Theriault-Kutz Angela and Kutz Barry L
Bought by
Zaninovic Milenka
Seller's Agent
Taylor Tarbox
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Lyndee Waldbauer
Portside Real Estate Group
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Views
46
Current Estimated Value
$323,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,705
Avg. Annual Appreciation
14.43%
Original Mortgage
$195,000
Outstanding Balance
$193,798
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,593

Purchase Details

Closed on
Jun 26, 2008
Sold by
Kutz Barry L
Bought by
Kutz Sandra J and Kutz Barry L
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $295,000 None Available
Warranty Deed $295,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 Purchase Money Mortgage
Closed $195,000 Purchase Money Mortgage
Previous Owner $38,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $295,000 -9.2% $246 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $325,000 -- $271 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,064 $216,400 $110,800 $105,600
2022 $2,013 $176,600 $99,300 $77,300
2021 $2,574 $163,000 $91,700 $71,300
2020 $2,625 $149,400 $84,000 $65,400
2019 $2,655 $135,800 $76,400 $59,400
2018 $2,640 $135,800 $76,400 $59,400
2017 $2,620 $135,800 $76,400 $59,400
2015 $2,455 $135,800 $76,400 $59,400
2014 $2,512 $135,800 $76,400 $59,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1606001

Maine Listings

APN: RFLD-000106-000000-000085