NOT LISTED FOR SALE

37 Torsey Shores Rd Readfield, ME 04355

Estimated Value: $155,829 - $235,000

2 Beds
1 Bath
483 Sq Ft
$400/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $128,000 $265 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,186/month

14 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Boat Slip
  • A-Frame Home
  • Beach Access
  • Home fronts a pond
  • Wooded Lot

About This Home

As of December 2021

Welcome to your cabin by the lake! This cozy home has had many updates as well as a full bathroom addition to add to your comfort and relaxation! Multiple access points to Torsey Lake, with one just steps from the driveway! This remodel includes new walls, new floors, a new spiral staircase with maple treads up to the bedrooms, a woodstove and brand new Rinnai heater, live-edge counters in the kitchen, and more! Quiet wooded lot to explore the trails or relax by the fire pit. Walk down to the nearest right of way to put in your kayak or boat, or your snowmobile in the winter! Torsey Lake has 679 acres, no jet skis, great fishing, and plenty of space to feel like you're all alone on the water. Access to a larger association beach & boat area further down on Torsey Shores Rd as well. Readfield is a great, small town with plenty of recreation opportunities: Hiking Areas, Water Access, Snowmobile Trails, Conservation & Recreation Areas and Easements. Less than 5 minutes from Kent's Hill School & orchards, 20 minutes over to Augusta, and just over an hour to Portland. Make this your get-away location or invest as an AirBnB!

Last Listed By

Sarah Foster

Meservier & Associates Listed on: 09/23/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1970

Lot Details

  • 0.84 Acre Lot
  • Home fronts a pond
  • 150 Feet of Waterfront
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • A-Frame Home
  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 483 Sq Ft Home
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Gas Range
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Outdoor Features

  • Beach Access
  • Nearby Water Access
  • Boat Slip
  • Porch

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 106
  • Assessor Parcel Number RFLD-000106-000000-000106

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,052

Year Built

Built in 1970

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.84
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Torsey Pond
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 483.0
  • Architectural Style: Cottage, A-Frame
  • Garage Yn: No
  • Year Built: 1970
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.84
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 483.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 175.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Floors:Laminate: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 150.0
  • Water Info:Water Frontage Shared -: 150.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Room Features:Heat Stove29: Yes
  • Heat System:Radiator: Yes
  • Recreational Water:Beach Rights: Yes
  • Living Room Amenities:Informal2: Yes
  • Kitchen Amenities:Heat Stove7: Yes
  • Recreational Water:Boat Slip: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Shower
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Near Town, Rural
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 36590.4
  • Parcel #: RFLD-000106-000000-000106
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1052.0
  • Tax Book Number: 13888
  • Tax Lot: 106
  • Tax Map Number: 106
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Dec 8, 2021
Sold by
Furst Daniel
Bought by
Cassell Donald W and Cassell Judith
Seller's Agent
Sarah Foster
Meservier & Associates
Buyer's Agent
Ann Parker
CENTURY 21 Advantage
List Price
$140,000
Sold Price
$128,000
Premium/Discount to List
-$12,000
-8.57%
Total Days on Market
14
Current Estimated Value
$193,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,207
Avg. Annual Appreciation
10.49%
Original Mortgage
$115,200
Outstanding Balance
$107,713
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$72,163

Purchase Details

Closed on
Sep 15, 2005
Sold by
Schoenberg Andrew J
Bought by
Dawn-Cushing Cynthia

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
Cassell Donald W -- None Available
Dawn-Cushing Cynthia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassell Donald W $115,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $128,000 -8.6% $265 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $140,000 +185.7% $290 / Sq Ft
02/04/2021 02/04/21 Sold $49,000 -10.7% $117 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
11/04/2020 11/04/20 For Sale $54,900 -- $131 / 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 $1,185 $83,700 $40,700 $43,000
2022 $856 $75,100 $36,500 $38,600
2021 $1,050 $66,500 $33,700 $32,800
2020 $1,052 $59,900 $30,900 $29,000
2019 $1,064 $54,400 $28,100 $26,300
2018 $1,058 $54,400 $28,100 $26,300
2017 $1,049 $54,400 $28,100 $26,300
2015 $984 $54,400 $28,100 $26,300
2014 $1,006 $54,400 $28,100 $26,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1509896

Maine Listings

APN: RFLD-000106-000000-000106