NOT LISTED FOR SALE

1588 Main St Readfield, ME 04355

Estimated Value: $443,000 - $563,000

4 Beds
2 Baths
3,200 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $420,000 $131 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,043/month

17 Days on Market

Highlights

  • Public Beach
  • Colonial Architecture
  • Wooded Lot
  • Country Club
  • Fireplace in Kitchen
  • Wood Flooring

About This Home

As of August 2022

The Ralph Packard House – circa 1790. Stately and gracious, this spacious, 3,000+ SF, 3-4 bedroom, 2 bath, antique Colonial home offers modern functionality along with history and period charm. Situated in the village of Kents Hill adjacent to Kents Hill Preparatory School, this delightful home has been well maintained, offers a wonderful layout, has a lovely yard and gardens, and is situated in a classic New England village setting - with sidewalks, a post office and a fabulous local bakery. Enjoy the area's outdoors with dozens of lakes and ponds, hundreds of acres of publicly accessible land with walking trails, gorgeous vistas in most directions, and the tranquil feeling of life in Maine. 20+ minutes to the state capital, Augusta, I-95 and the Maine Turnpike; 80 minutes to Portland, and a little over an hour to the western mountain regions. **Possession negotiable - Sellers prefer early August.

Last Agent to Sell the Property

William Sprague Jr

Sprague & Curtis Real Estate Brokerage Email: bill@spragueandcurtis.com Listed on: 05/13/2022

Last Buyer's Agent

William Sprague Jr

Sprague & Curtis Real Estate Brokerage Email: bill@spragueandcurtis.com Listed on: 05/13/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,162

Year Built

  • Built in 1790

Lot Details

  • 1.36 Acre Lot
  • Public Beach
  • Rural Setting
  • Landscaped
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Post and Beam
  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • Multi-Level Property
  • Wood Burning Fireplace
  • Mud Room
  • Living Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Laundry on main level
  • Attic

Kitchen

  • Stove
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Patio
  • Outbuilding

Location

  • Property is near golf course

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number RFLD-000106-000000-000027

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,162

Year Built

Built in 1790

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.36
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Readfield Village - West on Rt 17 to Kents Hill - #1588 on left just before Kents Hill School
  • Above Grade Finished Sq Ft: 3200.0
  • Architectural Style: Colonial, Multi-Level, New Englander
  • Garage Yn: Yes
  • Year Built: 1790
  • Attribution Contact: bill@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 138.41
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.36
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3200.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Mud Room:Mud Room: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Property Information:Bank Owned REO: No
  • Vehicle Storage:Storage Above: Yes
  • Room Features:Heat Stove29: Yes
  • Location:Near Country Club: Yes
  • Construction:Post Beam: Yes
  • Dining Room Amenities:Wood Burning Fireplace8: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Dining Room Amenities:Formal: Yes
  • Kitchen Amenities:Heat Stove7: Yes
  • Kitchen Amenities:Wood Burning Fireplace12: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: The Ralph Packard House – circa 1790. Stately and gracious, this spacious, 3,000+ SF, 3-4 bedroom, 2 bath, antique Colonial home offers modern functionality along with history and period charm. Situated in the village of Kents Hill adjacent to Kents Hill Preparatory School, this delightful home has been well maintained, offers a wonderful layout, has a lovely yard and gardens, and is situated in a classic New England village setting - with sidewalks, a post office and a fabulous local bakery. Enjoy the area's outdoors with dozens of lakes and ponds, hundreds of acres of publicly accessible land with walking trails, gorgeous vistas in most directions, and the tranquil feeling of life in Maine. 20+ minutes to the state capital, Augusta, I-95 and the Maine Turnpike; 80 minutes to Portland, and a little over an hour to the western mountain regions. **Possession negotiable - Sellers prefer early August. Call Bill Sprague at Sprague & Curtis Real Estate at 207-623-1123.
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Wooded, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Post & Beam, Wood Frame
  • Foundation Details: Stone, Granite
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, On Site, Garage Door Opener, Inside Entrance, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 59241.6
  • Parcel #: RFLD-000106-000000-000027
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 4162.0
  • Tax Lot: 27
  • Tax Year: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Aug 5, 2022
Sold by
Denison Mary A and Gifford Ronn R
Bought by
Abc Forum 3 Llc
Seller's Agent
William Sprague Jr
Sprague & Curtis Real Estate
Buyer's Agent
William Sprague Jr
Sprague & Curtis Real Estate
List Price
$442,900
Sold Price
$420,000
Premium/Discount to List
-$22,900
-5.17%
Current Estimated Value
$509,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,525
Avg. Annual Appreciation
5.76%
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 Buyer Sale Price Title Company
Abc Forum 3 Llc $420,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2022 08/11/22 Sold $420,000 -5.2% $131 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $442,900 -- $138 / 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
2024 $4,854 $362,500 $40,200 $322,300
2023 $4,510 $318,500 $35,300 $283,200
2022 $3,256 $285,600 $31,700 $253,900
2021 $4,162 $263,600 $29,200 $234,400
2020 $4,247 $241,700 $26,800 $214,900
2019 $4,295 $219,700 $24,400 $195,300
2018 $4,271 $219,700 $24,400 $195,300
2017 $4,238 $219,700 $24,400 $195,300
2015 $3,972 $219,700 $24,400 $195,300
2014 $4,064 $219,700 $24,400 $195,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1527163

Maine Listings

APN: RFLD-000106-000000-000027