NOT LISTED FOR SALE

16 Brann Dr Readfield, ME 04355

Estimated Value: $321,000 - $583,476

3 Beds
1 Bath
900 Sq Ft
$516/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $400,000 $444 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,820/month

124 Days on Market

Highlights

  • 76 Feet of Waterfront
  • Wood Flooring
  • Cottage
  • Docks
  • Screened Porch
  • Living Room

About This Home

As of May 2021

Adorable cottage right on the edge of spectacular Maranacook Lake -- just 20 minutes to I-95 and downtown Augusta. Offering a kitchen, living/dining room, 3 bedrooms and bath. Wonderful front porch overlooking the water. Large deck for summer dining. Dock and most furnishings included. You will see gorgeous sunsets from the deck, porch and dock. Deep water frontage so ideal for swimming, fishing and a boat. You'll make a lifetime of memories here!

Last Agent to Sell the Property

Earle Kenney

Sprague & Curtis Real Estate Brokerage Email: earle@spragueandcurtis.com Listed on: 03/19/2021

Last Buyer's Agent

Amy Bernatchez

Coldwell Banker Plourde Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,381

Year Built

  • Built in 1910

Lot Details

  • 0.35 Acre Lot
  • 76 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Road Access Is Seasonal
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Seasonal Access to Property
  • Lot Has A Rolling Slope
  • Property is zoned Shoreland

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 900 Sq Ft Home
  • Living Room
  • Dining Room
  • Screened Porch
  • Water Views
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Docks

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • The lake is a source of water for the property
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number RFLD-000128-000000-000019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,381

Year Built

Built in 1910

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Maranacook Lake
  • MLS Status: Closed
  • Directions: From Manchester, take Rt 17 into Readfield. Left onto South Road then right onto Pine Rest Cottage Road. After RR tracks, bear right onto Brann Drive. Cottage on left.
  • Above Grade Finished Sq Ft: 900.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1910
  • Attribution Contact: earle@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.35
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 900.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 76.0
  • Water Info:Water Frontage Owned -: 76.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Recreational Water:Dock: Yes
  • Roads:Seasonal3: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • 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: Second

Exterior Features

  • Lot Features: Rolling Slope, Near Town, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Lake Drawn

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15246.0
  • Parcel #: RFLD-000128-000000-000019
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 2381.0
  • Tax Book Number: 12127
  • Tax Lot: 19
  • Tax Map Number: 128
  • Tax Year: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 7, 2021
Sold by
Bragg Michelle and Bragg Scott
Bought by
Bement Heidi N and Edelman Lawrence M
Seller's Agent
Earle Kenney
Sprague & Curtis Real Estate
Buyer's Agent
Amy Bernatchez
Coldwell Banker Plourde Real Estate
List Price
$390,000
Sold Price
$400,000
Premium/Discount to List
$10,000
2.56%
Current Estimated Value
$464,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,619
Avg. Annual Appreciation
2.39%
Original Mortgage
$320,000
Outstanding Balance
$293,063
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,567

Purchase Details

Listed on
Jul 27, 2015
Closed on
Oct 9, 2015
Sold by
Nyberg Donald A and Nyberg Susan R
Bought by
Bragg Michelle and Bragg Scott
Seller's Agent
Les Priest
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Earle Kenney
Sprague & Curtis Real Estate
List Price
$185,000
Sold Price
$178,000
Premium/Discount to List
-$7,000
-3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%
Original Mortgage
$142,400
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
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 Buyer Sale Price Title Company
Bement Heidi N -- None Available
Bragg Michelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bement Heidi N $320,000
Previous Owner Bragg Michelle A $16,000
Previous Owner Bragg Michelle $142,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $400,000 +2.6% $444 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
11/19/2020 11/19/20 For Sale $390,000 +119.1% $433 / Sq Ft
10/07/2015 10/07/15 Sold $178,000 -3.8% $198 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $185,000 +19.4% $206 / Sq Ft
08/01/2012 08/01/12 Sold $155,000 -2.8% $172 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $159,500 -- $177 / 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 $2,748 $194,100 $122,700 $71,400
2022 $1,984 $174,000 $110,000 $64,000
2021 $2,443 $154,700 $101,500 $53,200
2020 $2,381 $135,500 $93,100 $42,400
2019 $2,409 $123,200 $84,600 $38,600
2018 $2,395 $123,200 $84,600 $38,600
2017 $2,377 $123,200 $84,600 $38,600
2015 $2,227 $123,200 $84,600 $38,600
2014 $2,279 $123,200 $84,600 $38,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1476505

Maine Listings

APN: RFLD-000128-000000-000019