$574,000
SOLD NOV 26, 2024

116 Thorp Shores Rd Readfield, ME 04355

2 Beds
1.5 Baths
1,948 Sq Ft
1.43 Acres

Recently Sold

$295 Per Sq Ft

7% Below List Price

15 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Scenic Views
  • 288 Feet of Waterfront
  • Spa
  • Deck

About This Home

As of November 2024

Year round lakefront living! This 2 bedroom, 1.5 bath home has cozy kitchen which opens to dining area with slider to new 12 x 16 deck. Living room with hard wood floors and vaulted ceilings overlook the shorefront. Spacious den could serve as third bedroom with large closet. Recently renovated full bath completes the first floor. Primary bedroom with half bath on lower level has terrific lake views and walks out to terrace with hot tub for relaxing and listening to the loons! Second story has large bedroom with built ins and private deck for morning coffee. 106' of shore frontage on Maranacook Lake so you can enjoy the lake throughout the year. Worry free home with a automatic generator!

Last Agent to Sell the Property

Pat Ladd

Homestead Realty Listed on: 10/02/2024

Co-Listed By

Jackson Ladd

Homestead Realty

Last Buyer's Agent

Priscilla Adams Jewett

Homestead Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,925

Year Built

  • Built in 1974

Lot Details

  • 1.43 Acre Lot
  • 288 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland & Mixed

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Bungalow
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Multi-Level Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Den
  • Scenic Vista Views
  • Storm Doors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom located in the basement
  • En-Suite Primary Bedroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Eco-Friendly Details

  • Smart Grid Meter

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Docks
  • Deck

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Power Generator
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 54, 55, 56
  • Assessor Parcel Number RFLD-000128-000000-000056

Community Details

Overview

  • Shores Acres Association Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,925

Year Built

Built in 1974

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.43
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Maranacook
  • Co List Office Mls Id: 1105
  • Co List Office Phone: 207-377-7300
  • MLS Status: Closed
  • Subdivision Name: Shores Acres Association
  • Directions: Route 17 to Readfield, turn South on South Road to Right on Thorp Shores. Home is #116 on Left.
  • Above Grade Finished Sq Ft: 1084.0
  • Architectural Style: Bungalow, Multi-Level
  • Garage Yn: No
  • Efficiency: Storm Doors, Smart Electric Meter
  • Year Built: 1974
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.43
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1084.0
  • Property Information:SqFt Finished Below Grade: 864.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 400.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Style:Bungalow: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 288.0
  • Water Info:Water Frontage Owned -: 106.0
  • Water Info:Water Frontage Shared -: 182.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Equipment:Generator: Yes
  • Den:Den: Yes
  • Recreational Water:Dock: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Energy Efficiency:Smart Electric Meter: Yes
  • Cooling:AC Units: Yes
  • Roof:Fiberglass: Yes
  • Amenities:Hot Tub: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Bedroom 1 Amenities:Cathedral Ceiling7: Yes
  • Primary Bedroom Amenities:Half Bath: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Appliances: Other, Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 864.0
  • Fireplace: No
  • Interior Amenities: Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Basement

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Fiberglass, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Lake Drawn

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 62290.8
  • Parcel #: RFLD-000128-000000-000056
  • Zoning: Shoreland & Mixed

Tax Info

  • Tax Annual Amount: 4924.87
  • Tax Book Number: 2705/8401
  • Tax Lot: 54, 55, 56
  • Tax Map Number: 128
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 27, 2024
Sold by
Hobart Susan J
Bought by
Mcguire Travis H and Mcguire Megan J
Seller's Agent
Pat Ladd
Homestead Realty
Buyer's Agent
Priscilla Adams Jewett
Homestead Realty
List Price
$619,000
Sold Price
$574,000
Premium/Discount to List
-$45,000
-7.27%
Total Days on Market
15
Views
23
Current Estimated Value
$596,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,175
Avg. Annual Appreciation
7.00%
Original Mortgage
$500,000
Outstanding Balance
$498,156
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$98,019

Purchase Details

Closed on
May 9, 2005
Sold by
Frame Joan L and Farme Edgear B
Bought by
Hobart Brian
Source: Public Records

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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 $574,000 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $50,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $574,000 -7.3% $295 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $619,000 -- $318 / 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 $5,132 $362,400 $200,100 $162,300
2022 $3,704 $324,900 $179,400 $145,500
2021 $4,735 $299,900 $165,600 $134,300
2020 $4,830 $274,900 $151,800 $123,100
2019 $4,888 $250,000 $138,000 $112,000
2018 $4,860 $250,000 $138,000 $112,000
2017 $4,823 $250,000 $138,000 $112,000
2015 $4,520 $250,000 $138,000 $112,000
2014 $4,625 $250,000 $138,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1605595

Maine Listings

APN: RFLD-000128-000000-000056