NOT LISTED FOR SALE

521 Reef Rd Waldoboro, ME 04572

Estimated Value: $272,000 - $375,000

2 Beds
1.5 Baths
1,208 Sq Ft
$269/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $190,000 $157 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,027/month

202 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • No HOA
  • Deck
  • Attic
  • Direct Access Garage

About This Home

As of April 2021

This two bedroom home is ready to move in. It has a partially finished walk-in basement with garage or workshop. Use your imagination for another room in the basement that is partially finished. Or you can have one-floor living with washer and dryer on the main floor. The large second floor has plumbing already to hook up for a second bathroom and it is completely open for your designs. An additional large room could be finished for whatever your dream is - family room, game room, workshop!!

Last Agent to Sell the Property

Jeffrey Jewett

Black Duck Realty Listed on: 07/20/2020

Last Buyer's Agent

Stephanie Rioux

Allied Realty

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $2,690

Year Built

  • Built in 2006

Lot Details

  • 1.39 Acre Lot
  • Rural Setting
  • Level Lot

Home Design

  • Single Family Detached Home
  • Cape Cod Architecture
  • Modular Prefabricated Home
  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Subterranean Parking
  • Basement Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Private Sewer

Additional Features

  • Attic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 59A
  • Assessor Parcel Number 521ReefRoadWaldoboro04572

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$2,690

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.39
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From route 1 in take Depot Street, which then becomes Wagner Bridge Road. Take right onto Reef Road follow to 521.
  • Above Grade Finished Sq Ft: 1008.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Structure Type: Modular
  • Year Built: 2006
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 183.53
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.39
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1008.0
  • Property Information:SqFt Finished Below Grade: 200.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Floors:Laminate: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Appliances Included:Gas Range: Yes
  • Vehicle Storage:Under: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Use your imagination for another room in the basement that is partially finished. Or you can have one-floor living with washer and dryer on the main floor. The large second floor has plumbing already to hook up for a second bathroom and it is completely open for your designs. Another additional room which was design for an indoor pool could be converted to whatever your dream is.
  • Structure Type:Modular: Yes
  • Vehicle Storage Basement: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Gas Range, Dryer, Dishwasher
  • Has Basement: Interior, Walk-Out Access, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 200.0
  • Fireplace: No
  • Flooring: Vinyl, Laminate
  • Interior Amenities: 1st Floor Bedroom, Attic
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Other
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Basement, Gravel, Inside Entrance, Underground

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60548.4
  • Parcel #: 521ReefRoadWaldoboro04572
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 2690.0
  • Tax Lot: 59A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Apr 9, 2021
Sold by
Prescott Jo A
Bought by
Matthews Martin J
Seller's Agent
Jeffrey Jewett
Black Duck Realty
Buyer's Agent
Stephanie Rioux
Allied Realty
List Price
$215,000
Sold Price
$190,000
Premium/Discount to List
-$25,000
-11.63%
Current Estimated Value
$325,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,444
Avg. Annual Appreciation
12.13%
Original Mortgage
$191,919
Outstanding Balance
$173,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$152,444
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Matthews Martin J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Martin J $191,919
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $190,000 -11.6% $157 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
07/20/2020 07/20/20 For Sale $215,000 -- $178 / 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 $3,803 $225,000 $38,000 $187,000
2023 $3,510 $225,000 $38,000 $187,000
2022 $3,304 $236,000 $38,000 $198,000
2021 $3,114 $173,000 $38,000 $135,000
2020 $3,149 $173,000 $38,000 $135,000
2019 $3,130 $172,000 $38,000 $134,000
2018 $3,044 $172,000 $38,000 $134,000
2017 $2,890 $172,000 $38,000 $134,000
2016 $2,689 $166,000 $38,000 $128,000
2015 $2,540 $166,000 $38,000 $128,000
2014 $2,452 $179,000 $45,000 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1461108

Maine Listings

APN: WALB-000000-R000018-000059A