NOT LISTED FOR SALE

2 Falling Pines Ln Readfield, ME 04355

Estimated Value: $457,000 - $493,355

3 Beds
2.5 Baths
1,800 Sq Ft
$262/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $450,000 $250 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,973/month

80 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Scenic Views
  • 250 Feet of Waterfront
  • Public Beach
  • Deck

About This Home

As of September 2022

This extraordinary contemporary cape 3 bedrooms 2 .5 bath, beautifully landscaped amongst tall growth, is ready for you to move in and start enjoying the amenities of this peaceful, year round Maranacook Lake community and home. The hosta lined drive, perennial gardens, covered porch, tool and wood sheds, horse shoe pit, and back deck with hot tub and out door shower are thoughtfully and privately situated on .77 acres, with common areas, 3 swimming areas, and boat launch located just a few minutes walk, bike ride, or drive from your door. A separate side drive can accommodate your kayaks, boat, camper, snow mobiles, or other vehicles in this desireable location of Readfield, nearby to schools, town, an extensive trails system, and other recreation areas, when you choose to wander the Lakes Region of Central Maine.
As you walk into this custom built home you are greeted with quality and warmth. The granite counters, bamboo floors, wood stove, stained glass window, and cathedral ceilings in the open concept living and kitchen area bring in the light and nature of the exterior setting. A separate dining area, half bath, and entrances to front and side decks make this first floor plan functional as well as being a well-crafted and tastefully designed home. Upstairs you are greeted with a solar tube/ sky light, three bedrooms, a full bath, and a dedicated half bath for the master. A work out area and laundry area are located in the dry, heated basement and a nicely kept garage offers parking and extra storage. Inside or out you'll be met with quality and comfort. Come see what this ready to move into sanctuary home, located 20 minutes from Augusta and 95, have to offer - truly Maine life at it's best.Seller and property have enjoyed a 4.9 out of 5 stars air B and B rating for many years.Income for 2021 was $35,000, $33,000 for 2020. This was with seller enjoying one month in summer with family and friends . Home is situated in the sought after RSU-38 School District!

Last Listed By

John Blouin

LAER Listed on: 06/24/2022

LAER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,997

Year Built

  • Built in 2006

Lot Details

  • 0.77 Acre Lot
  • 250 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Near Conservation Area
  • Rural Setting
  • Landscaped
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned Rural

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Dining Room

Kitchen

  • Stove
  • Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Shower Only

Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Docks
  • Deck
  • Shed

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Hot Water Heating System
  • Power Generator
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Community Details

  • Camp Maranacook Shore Road Ass. $300 $400 A Year Subdivision

Listing and Financial Details

  • Tax Lot 150151
  • Assessor Parcel Number RFLD-000127-000000-000039

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,997

Year Built

Built in 2006

Lot Details

0

HOA Fees

$29 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Maranacook Lake
  • MLS Status: Closed
  • Subdivision Name: Camp Maranacook Shore Road Ass. $300-$400 a year
  • Directions: 202 Western Avenue turn right onto 17, drive approximately 7.4 miles and turn onto 41, drive approximately 1 mile and turn left onto Falling Pines Lane, a gravel road just past the public boat launch. Drive .04 miles to 2 Falling Pines on left.
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2006
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.77
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1800.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 350.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Island2: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Appliances Included:Cooktop: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 250.0
  • Water Info:Water Frontage Shared -: 250.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Equipment:Generator: Yes
  • Location:Abuts Conservation: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Recreational Water:Beach Rights: Yes
  • Bedroom 1 Amenities:Half Bath7: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Cooktop
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Shower
  • 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

Exterior Features

  • Lot Features: Corner Lot, Level, Landscaped, Wooded, Abuts Conservation, Near Golf Course, Near Public Beach, Neighborhood, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33541.2
  • Parcel #: RFLD-000127-000000-000039
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 2997.0
  • Tax Book Number: 9112
  • Tax Lot: 150151
  • Tax Map Number: 24
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Sep 15, 2022
Sold by
Fulmer Joseph
Bought by
Garcia Danielle and Gentili Joshua
Seller's Agent
John Blouin
LAER
Buyer's Agent
Maria Kempton
LAER
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%
Total Days on Market
80
Current Estimated Value
$472,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,339
Avg. Annual Appreciation
1.93%
Original Mortgage
$360,000
Outstanding Balance
$347,160
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$126,170

Purchase Details

Closed on
Oct 19, 2006
Sold by
Ashby Robert and Smith Frances
Bought by
Fulmer Joseph

Range of Values:

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Average Value
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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
Garcia Danielle $450,000 None Available
Fulmer Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Danielle $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $450,000 -4.1% $250 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $469,000 -- $261 / 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 $3,750 $264,800 $28,400 $236,400
2022 $2,344 $205,600 $25,500 $180,100
2021 $2,997 $189,800 $23,500 $166,300
2020 $3,057 $174,000 $21,600 $152,400
2019 $3,093 $158,200 $19,600 $138,600
2018 $3,075 $158,200 $19,600 $138,600
2017 $3,052 $158,200 $19,600 $138,600
2015 $2,860 $158,200 $19,600 $138,600
2014 $2,927 $158,200 $19,600 $138,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1533935

Maine Listings

APN: RFLD-000127-000000-000039