NOT LISTED FOR SALE

22 Brann Dr Readfield, ME 04355

Estimated Value: $318,000 - $565,000

2 Beds
1 Bath
749 Sq Ft
$615/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $485,000 $648 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,830/month

4 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Deep Water Access
  • Deck
  • Docks
  • Home Energy Rating Service (HERS) Rated Property
  • Wooded Lot

About This Home

As of June 2023

MARANACOOK LAKE Relax & recharge next to the lake in this adorable, antique 2-bedroom 1-bath camp on a large 3.1AC lot with your own deep water frontage & private dock! Camp has a welcoming mudroom entry that opens to a bright living room with direct access to the screened-in porch & deck overlooking the lake. Cozy kitchen with pantry, antique farmhouse sink & prep area and full bathroom with shower on main floor, while two nice sized bedrooms are above. Start the day listening to the loons on the porch with your coffee and end it each evening with breathtaking sunsets as the cottage faces west. Numerous updates, including electrical, siding, septic, paint, flooring and comes mostly furnished, including the tandem kayak, so it can be enjoyed right away! Adorable shed has a new roof and paint - the perfect spot for guests, artist studio or she-shed! The large lot allows for endless opportunities with potential to be able to build your own family compound or a year-round home with town permission. Would make an excellent rental if you are searching for an investment/income property while you not enjoying it yourself. Maranacook Lake has above average water quality, fantastic cold & warm water sport fishing, two public boat ramps and over 1,800 acres to explore! Only 10 minutes to groceries and amenities - welcome to the lake!

Last Listed By

Trisha Cheney

Portside Real Estate Group Listed on: 05/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,688

Year Built

  • Built in 1920

Lot Details

  • 3.1 Acre Lot
  • 20 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Cottage
  • Camp Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 749 Sq Ft Home
  • Furnished
  • Living Room
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Outdoor Features

  • Deep Water Access
  • Docks
  • Deck
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • The lake is a source of water for the property
  • Seasonal Water
  • Electric Water Heater
  • Perc Test On File For Septic Tank
  • Septic System
  • Private Sewer

Additional Features

  • Level Entry For Accessibility
  • Home Energy Rating Service (HERS) Rated Property

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number RFLD-000128-000000-000016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,688

Year Built

Built in 1920

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.1
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Maranacook Lake
  • MLS Status: Closed
  • Directions: NOT GPS FRIENDLY! From Manchester, take Rt 17 to Readfield. Left onto South Road then right onto Pine Rest Cottage Rd. After RR tracks, bear right onto Brann Drive. Cottage on left. [Type 110 Pine Rest Cottage Road, as Brann will take you down Maces]
  • Above Grade Finished Sq Ft: 749.0
  • Architectural Style: Camp, Cottage
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Yes
  • Property Information:Lot Size Acres -: 3.1
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 749.0
  • 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
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 325.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Exterior:Wood Siding: Yes
  • Sunroom:Sunroom: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 20.0
  • Water Info:Water Frontage Owned -: 20.0
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Style:Camp: Yes
  • Sewer:Septic Existing on Site: Yes
  • View:Scenic: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Amenities:Furniture Included: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Water:Seasonal4: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Sewer:Quasi-Public: Yes
  • Sunroom Amenities:Three-Season: Yes
  • Sunroom Amenities:Unheated: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Accessibility Features: Level Entry
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Furniture Included, Pantry, Shower
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural, Subdivided
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Metal, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public, Private Sewer, Perc Test On File, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Seasonal, Lake Drawn

Condo/Co-op/Association

  • Association Fee: 325.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 135036.0
  • Parcel #: RFLD-000128-000000-000016
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 2688.0
  • Tax Book Number: 14096
  • Tax Lot: 16
  • Tax Map Number: 128
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 9, 2023
Sold by
Mcdonnell Ida E and Mcdonnell Michael L
Bought by
Durant Elizabeth S and Durant John L
Seller's Agent
Trisha Cheney
Portside Real Estate Group
Buyer's Agent
Debra Cooke
Lakehome Group Real Estate
List Price
$485,000
Sold Price
$485,000
Total Days on Market
4
Current Estimated Value
$460,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,521
Avg. Annual Appreciation
1.81%
Original Mortgage
$339,500
Outstanding Balance
$332,951
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,937

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 20, 2021
Sold by
Caprara Carl V
Bought by
Mcdonnell Ida E and Mcdonnell Michael L
Seller's Agent
Earle Kenney
Sprague & Curtis Real Estate
Buyer's Agent
Trisha Cheney
Portside Real Estate Group
List Price
$435,000
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$348,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 22, 2016
Closed on
Apr 20, 2017
Sold by
Bachert Mark R and Bachert Ellen C
Bought by
Caprara Carl V
Seller's Agent
Les Priest
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Les Priest
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$165,000
Sold Price
$115,000
Premium/Discount to List
-$50,000
-30.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.56%

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
Durant Elizabeth S -- None Available
Mcdonnell Ida E -- None Available
Caprara Carl V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durant Elizabeth S $70,000
Open Durant Elizabeth S $339,500
Previous Owner Mcdonnell Ida E $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $485,000 0.0% $648 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $485,000 +11.5% $648 / Sq Ft
07/20/2021 07/20/21 Sold $435,000 0.0% $609 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $435,000 +278.3% $609 / Sq Ft
04/12/2017 04/12/17 Sold $115,000 -30.3% $261 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
09/22/2016 09/22/16 For Sale $165,000 -- $375 / 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 $2,996 $211,600 $139,200 $72,400
2022 $2,688 $235,800 $173,600 $62,200
2021 $1,718 $108,800 $80,000 $28,800
2020 $1,753 $99,800 $73,400 $26,400
2019 $1,773 $90,700 $66,700 $24,000
2018 $1,763 $90,700 $66,700 $24,000
2017 $2,234 $115,800 $91,800 $24,000
2015 $2,094 $115,800 $91,800 $24,000
2014 $2,142 $115,800 $91,800 $24,000
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1557043

Maine Listings

APN: RFLD-000128-000000-000016