$50,000
SOLD OCT 2, 2020

185 Torsey Shores Rd Readfield, ME 04355

0.6 Acre
$83,333 Price per Acre
26,136 Sq Ft Lot

Recently Sold

28% Below List Price

89 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Open Lot
  • Docks
  • Wooded Lot

About This Lot

As of April 2021

Don't miss this rare opportunity to have lake front access! Just steps away from beautiful Torsey Lake. This level, .60 acre lot has a large Quonset hut. A septic design has been done! With options to build your next home here, remodel the Quonset Hun to live in or place your RV or camper onsite seasonally. The possibilities are endless! Enjoy the water with your shared beach front on Torsey Lake, only 3 lots away from your very own lot!

Last Agent to Sell the Property

John Blouin

LAER Listed on: 06/19/2020

LAER

Last Buyer's Agent

John Blouin

Brookewood Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $645

Lot Details

  • 0.6 Acre Lot
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Open Lot
  • Wooded Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Utilities

  • Natural Gas Not Available
  • Water Not Available
  • Septic Design Available

Listing and Financial Details

  • Tax Lot 059
  • Assessor Parcel Number RFLD-000106-000000-000059

Community Details

Recreation

  • Beach Access
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$645

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.6
  • Road Surface Type: Gravel
  • Water Body Name: Torsey Lake
  • MLS Status: Closed
  • Directions: From Augusta - West on Route 202 to Manchester - Right on Route 17 to Readfield - Right after the fire station - onto Old Kents Hill Rd - Right on Thundercastle Rd - Left on Torsey Shores Rd
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.6
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Location Information:Association Fee: 175.0
  • Location Information:Fee Frequency Paid: Annually
  • Gas:No Gas: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Property Information:Mobile Homes Allowed: Unknown
  • Parking:No Parking: Yes
  • Water:None5: Yes
  • Utility Info Electric On Site: Yes
  • Recreational Water:Dock: Yes
  • Recreational Water:Beach Rights: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Open Lot, Wooded, Near Town, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: No

Garage/Parking

  • Parking Features: 1 - 4 Spaces, Gravel, None

Utilities

  • Electric: On Site
  • Sewer: Septic Design Available
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 26136.0
  • Parcel #: RFLD-000106-000000-000059
  • Zoning: Residental

Tax Info

  • Tax Annual Amount: 645.15
  • Tax Book Number: 7912
  • Tax Lot: 059
  • Tax Map Number: 106
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Munro Jacqueline and Munro James
Bought by
Elm St Property Mgmt Llc
Current Estimated Value
$196,707

Purchase Details

Listed on
Feb 7, 2021
Closed on
Apr 30, 2021
Sold by
Blouin Ethel P and Blouin John D
Bought by
Munro Jacqueline and Munro James
Seller's Agent
John Blouin
LAER
Buyer's Agent
Trisha Cheney
Portside Real Estate Group
List Price
$69,750
Sold Price
$58,500
Premium/Discount to List
-$11,250
-16.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.11%
Original Mortgage
$40,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2013
Sold by
Mairs Steven D
Bought by
Grondin Cathy A and Grondin Daniel R
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $58,500 -16.1% --
03/12/2021 03/12/21 Pending -- -- --
02/07/2021 02/07/21 For Sale $69,750 +39.5% --
10/02/2020 10/02/20 Sold $50,000 -27.5% --
09/17/2020 09/17/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $69,000 -- --
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 $657 $46,400 $22,300 $24,100
2022 $474 $41,600 $20,000 $21,600
2021 $606 $38,400 $18,400 $20,000
2020 $638 $36,300 $18,000 $18,300
2019 $645 $33,000 $16,400 $16,600
2018 $642 $33,000 $16,400 $16,600
2017 $637 $33,000 $16,400 $16,600
2015 $597 $33,000 $16,400 $16,600
2014 $611 $33,000 $16,400 $16,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1457063

Maine Listings

APN: RFLD-000106-000000-000059