NOT LISTED FOR SALE

47 Chandler Dr Readfield, ME 04355

Estimated Value: $231,000 - $259,000

3 Beds
1 Bath
640 Sq Ft
$375/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $75,000 $117 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,442/month

158 Days on Market

Highlights

  • Lake Front
  • Deck
  • Main Floor Bedroom
  • Beach Access
  • Wood Flooring
  • Screened Porch

About This Home

As of November 2019

Own your very own seasonal cottage with deeded shared access to Maranacook Lake. This rustic retreat has 2-3 bedrooms and 1 bathroom. Open concept kitchen/dining/living area. Den currently used as a first floor bedroom, along with a full bathroom. 2 rooms upstairs with additional room to grow. Lovely screened in porch with views of the lake. Brand new Rinnai propane heater in 2018. Drilled well and holding tank on site. This 0.25 acre lot is within walking distance to lake access, in addition to a shared boat launch area and recreational lot. The road is plowed in the winter allowing for year-round enjoyment. Town beach is just a short drive. Add your own updates/finishing touches to make this the perfect escape!

Last Agent to Sell the Property

Lori Dube

Sprague & Curtis Real Estate Brokerage Email: lori@spragueandcurtis.com Listed on: 06/11/2019

Last Buyer's Agent

Jessica Fike

Excel Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,873

Year Built

  • Built in 1970

Lot Details

  • 0.25 Acre Lot
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Open Lot

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 640 Sq Ft Home
  • Living Room
  • Home Office
  • Screened Porch
  • Water Views
  • Crawl Space

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number RFLD-000134-000000-000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,873

Year Built

Built in 1970

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Surface Type: Gravel
  • Water Body Name: Maranacook
  • MLS Status: Closed
  • Directions: From Maranacook Shore Road, turn on to Chandler Drive. Property is on the right; see sign.
  • Above Grade Finished Sq Ft: 640.0
  • Architectural Style: Camp, Cottage
  • Garage Yn: No
  • Year Built: 1970
  • Attribution Contact: lori@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 124.84
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 640.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 242.0
  • Location Information:Fee Frequency Paid: Annually
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Exterior:Wood Siding: Yes
  • Office:Office: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Style:Camp: Yes
  • Water:Well Existing on Site: Yes
  • Heat System:Direct Vent Heater: Yes
  • Recreational Water:Beach Rights: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Own your very own seasonal cottage with deeded shared access to Maranacook Lake. This rustic retreat has 2-3 bedrooms and 1 bathroom. Open concept kitchen/dining/living area. Den currently used as a first floor bedroom, along with a full bathroom. 2 rooms upstairs with additional room to grow. Lovely screened in porch with views of the lake. Brand new Rinnai propane heater in 2018. Drilled well and holding tank on site. This 0.25 acre lot is within walking distance to lake access, in addition to a shared boat launch area and recreational lot. The road is plowed in the winter allowing for year-round enjoyment. Town beach is just a short drive. Add your own updates/finishing touches to make this the perfect escape!
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Open Lot, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Screened
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 242.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: RFLD-000134-000000-000008
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1873.0
  • Tax Lot: 008
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Nov 19, 2019
Sold by
Robert G Watson Ret
Bought by
Archer James R and Archer Linda L
Seller's Agent
Lori Dube
Sprague & Curtis Real Estate
Buyer's Agent
Jessica Fike
Excel Realty
List Price
$124,900
Sold Price
$75,000
Premium/Discount to List
-$49,900
-39.95%
Current Estimated Value
$240,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,159
Avg. Annual Appreciation
20.94%
Original Mortgage
$60,000
Outstanding Balance
$52,679
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,480

Purchase Details

Closed on
Jun 28, 2018
Sold by
Watson Robert G
Bought by
Robert G Watson Ret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Archer James R -- --
Robert G Watson Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archer James R $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $75,000 -40.0% $117 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $124,900 -- $195 / 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
2024 $2,015 $150,500 $41,600 $108,900
2023 $1,872 $132,200 $36,500 $95,700
2022 $1,352 $118,600 $32,800 $85,800
2021 $1,727 $109,400 $30,200 $79,200
2020 $1,762 $100,300 $27,700 $72,600
2019 $1,783 $91,200 $25,200 $66,000
2018 $1,773 $91,200 $25,200 $66,000
2017 $1,759 $91,200 $25,200 $66,000
2015 $1,649 $91,200 $25,200 $66,000
2014 $1,687 $91,200 $25,200 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1414817

Maine Listings

APN: RFLD-000134-000000-000008