NOT LISTED FOR SALE

22 Terrace Rd Readfield, ME 04355

Estimated Value: $348,000 - $471,000

4 Beds
2 Baths
2,408 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $304,000 $126 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,657/month

5 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Living Room
  • Deck
  • 1 Fireplace
  • 1-Story Property

About This Home

As of April 2022

Seller to review all offers on Twosday 2/22/22 at 2PM, and will respond to all offers by Wednesday 2/23/22 at 2PM. Wonderful Multi-Level Readfield Home. Excellent entertaining layout - huge deck and a large kitchen opens to living spaces on either side. One side is the traditional living room, the other side is an awesome cathedral ceiling sunroom with banks of windows on every wall! Kitchen has solid maple cabinetry, stainless appliances, and a center island. Two large bedrooms upstairs with generous closets. Lower level has another family room, and two more bedrooms. Desirable private location, minutes from amazing local eateries, public boat launch, highly-ranked schools! There are many financing options available for this home, including no down payment loans for qualified buyers, subject to appraisal. 3BR septic design.

Last Agent to Sell the Property

Harrison Wolfington

Your Home Sold Guaranteed Realty Listed on: 02/17/2022

Last Buyer's Agent

Rachel Davis

Coldwell Banker Team Real Estate

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,111

Year Built

  • Built in 2000

Lot Details

  • 1.9 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Split Foyer
  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Views of Woods

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Water Heater
  • Private Sewer

Additional Features

  • Air Exchanger
  • Deck

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number RFLD-000114-000000-000020

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,111

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.9
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: From intersection of Route 135 and Route 17 in Readfield - head N on Route 17 for 1.8 mi, turn right on North Road, drive 0.8 mi to a left on Terrace Road, home on left, see sign.
  • Above Grade Finished Sq Ft: 1522.0
  • Architectural Style: Split Entry
  • Garage Yn: No
  • Year Built: 2000
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.9
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1522.0
  • Property Information:SqFt Finished Below Grade: 886.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Heat System:Radiant: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Construction:Modular: Yes
  • Water Heater:Tank: Yes
  • Green Features:Air Exchanger: Yes
  • Style:Split Entry: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Has Basement: Finished, Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 886.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Basement
  • Bedroom 4 Bedroom 4 Level: Basement
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Modular
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • 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: Radiant, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 82764.0
  • Parcel #: RFLD-000114-000000-000020
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 3111.0
  • Tax Book Number: 14194
  • Tax Lot: 20
  • Tax Map Number: 114
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Apr 8, 2022
Sold by
Cotnoir John A and Cotnoir June J
Bought by
Eichelberger Danielle and Eichelberger Steven
Seller's Agent
Harrison Wolfington
Your Home Sold Guaranteed Realty
Buyer's Agent
Rachel Davis
Coldwell Banker Team Real Estate
List Price
$280,000
Sold Price
$304,000
Premium/Discount to List
$24,000
8.57%
Current Estimated Value
$420,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,710
Avg. Annual Appreciation
10.40%
Original Mortgage
$314,944
Outstanding Balance
$299,568
Interest Rate
4.72%
Mortgage Type
FHA
Estimated Equity
$120,607

Purchase Details

Closed on
Sep 27, 2021
Sold by
Dunn Cathy and Dunn Matthew
Bought by
Cotnoir John A and Cotnoir June J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
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
Eichelberger Danielle $304,000 None Available
Cotnoir John A -- Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eichelberger Danielle $314,944
Closed Eichelberger Steven $314,944
Previous Owner Cotnoir John A $196,000
Previous Owner Dunn Cathy E $125,000
Previous Owner Dunn Cathy E $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $304,000 +8.6% $126 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $280,000 -- $116 / 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 $4,007 $283,000 $24,500 $258,500
2022 $2,893 $253,800 $22,000 $231,800
2021 $3,111 $197,000 $20,300 $176,700
2020 $3,173 $180,600 $18,600 $162,000
2019 $3,208 $164,100 $16,900 $147,200
2018 $3,190 $164,100 $16,900 $147,200
2017 $3,165 $164,100 $16,900 $147,200
2015 $2,967 $164,100 $16,900 $147,200
2014 $3,036 $164,100 $16,900 $147,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1519882

Maine Listings

APN: RFLD-000114-000000-000020