NOT LISTED FOR SALE

168 Touisset Point Rd Readfield, ME 04355

Estimated Value: $405,000 - $504,130

2 Beds
1.5 Baths
1,422 Sq Ft
$332/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $322,600 $227 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,019/month

44 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Home fronts a pond
  • 105 Feet of Waterfront
  • Public Beach
  • Fireplace in Kitchen

About This Home

As of June 2020

A rare find on pristine and desirable Maranacook Lake. Renovated interior with new kitchen and stainless appliances, vaulted ceilings, open floor plan, 1.5 baths, 2 bedrooms and walk-out finished basement for more bedrooms or wonderful additional space. Gorgeous oversized tile shower, wood floors, and a large open deck with stainless steel cable railings overlooking the lawn and lake. Unique features of this property are level lot with lawn to the shore, a garage for storage and a paved drive and no camp road to contend with. Why drive miles of muddy camp roads filled with ruts and potholes when you are a short distance to a State maintained road and a two-minute drive to the general store and post office and 10-minutes to Winthrop & 15 to Augusta. Enjoy living on one of the most sought-after lakes in central Maine and explore the 1600 acres for boating, fishing, sailing, kayaking, XC skiing and snowmobiling. Move in and enjoy the lake for years to come.

Last Listed By

Les Priest

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 03/23/2020

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,111

Year Built

  • Built in 1970

Lot Details

  • 1 Acre Lot
  • Home fronts a pond
  • 105 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Landscaped
  • Level Lot
  • Property is zoned SHORELAND

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Stove
  • Kitchen Island
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Private Water Source
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 168TouissetPointRd

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,111

Year Built

Built in 1970

Lot Details

0

HOA Fees

$25 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Maranacook
  • MLS Status: Closed
  • Directions: From Augusta - West on Route 202 to Manchester - Right on Route 1t to Readfield -past the post office - mLeft on Route 41 (Winthrop Rd) - Left on Touisett Point Rd - Property on Right
  • Above Grade Finished Sq Ft: 825.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1970
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 825.0
  • Property Information:SqFt Finished Below Grade: 597.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Island2: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water Info:Waterfront Amount -: 105.0
  • Water Info:Water Frontage Owned -: 105.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Equipment:Cable: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Water Info:Island3: No
  • Basement:Sump Pump: Yes
  • Recreational Water:Dock: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Kitchen Amenities:Vaulted Ceiling12: Yes
  • Living Room Amenities:Vaulted Ceiling14: Yes
  • Family Room Amenities:Heat Stove9: Yes
  • Kitchen Amenities:Wood Burning Fireplace12: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Has Basement: Walk-Out Access, Finished, Full, Sump Pump
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 597.0
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower
  • Full Basement: Yes
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Near Public Beach, Near Shopping, Near Town
  • View: Scenic
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, Paved, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Lake Drawn

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 168TouissetPointRd
  • Zoning: SHORELAND

Tax Info

  • Tax Annual Amount: 4111.0
  • Tax Book Number: 10821
  • Tax Lot: 21
  • Tax Map Number: 20
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jun 19, 2020
Sold by
Severson Erik S and Severson Gerald M
Bought by
Mccormick Michele L and Mccormick Patrick F
Seller's Agent
Les Priest
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
John Blouin
Brookewood Realty
List Price
$335,000
Sold Price
$322,600
Premium/Discount to List
-$12,400
-3.7%
Total Days on Market
44
Current Estimated Value
$472,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,933
Avg. Annual Appreciation
7.54%
Original Mortgage
$255,000
Outstanding Balance
$229,991
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$229,671

Purchase Details

Closed on
Aug 30, 2011
Sold by
Severson Gerald M and Severson Leanne C
Bought by
Severson Erik S and Severson Todd C

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
Mccormick Michele L -- None Available
Severson Erik S -- --
Severson Gerald M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Michele L $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $322,600 -3.7% $227 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $335,000 -- $236 / 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 $4,339 $306,400 $174,000 $132,400
2022 $3,132 $274,700 $156,000 $118,700
2021 $4,004 $253,600 $144,000 $109,600
2020 $4,066 $231,400 $132,000 $99,400
2019 $4,111 $210,300 $120,000 $90,300
2018 $4,088 $210,300 $120,000 $90,300
2017 $4,057 $210,300 $120,000 $90,300
2015 $3,802 $210,300 $120,000 $90,300
2014 $3,891 $210,300 $120,000 $90,300
Source: Public Records

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Source: Maine Listings

MLS Number: 1447922

Maine Listings

APN: RFLD-000120-000000-000126