Seller's Agent in 2025
Tim Dunham
Tim Dunham Realty
(207) 407-9707
390 Total Sales
534 Reef Rd Waldoboro, ME 04572
3
Beds
2
Baths
1,506
Sq Ft
78
Acres
Highlights
- Deeded Waterfront Access Rights
- Scenic Views
- Cape Cod Architecture
- 3,000 Feet of Waterfront
- 78 Acre Lot
- Deck
About This Home
As of February 2025Situated at the end of the road with well-defined natural boundaries, 534 Reef Road offers 78 acres of scenic, wooded, and partially cleared land along the Medomak River. This property promises quiet seclusion, protected by undevelopable neighboring lands, ensuring lasting privacy and natural beauty. Embrace the allure of Maine's wilderness while enjoying the convenience of being just 10 minutes from downtown Waldoboro and a short drive to Rockland, Damariscotta, Thomaston, and Augusta. With approximately 40 acres enrolled in the Tree Growth Tax Program, the remaining 38 acres offer potential for development, with preliminary approval for subdivision from the town. This property invites endless possibilities—plant a garden, raise livestock, explore beekeeping, or establish a riverside campground. The 2020-built Cape-style home features 3 bedrooms and 2 baths, with a spacious upstairs master suite and an open-concept living area. Recent upgrades include a Kohler generator (installed in 2023) and Mitsubishi heat pumps (installed in 2022). Relax on the back deck and take in the abundant wildlife and breathtaking sunsets, making every evening a peaceful retreat.
Last Agent to Sell the Property
Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 10/10/2024
Property Details
Home Type
- Modular Prefabricated Home
Est. Annual Taxes
- $5,509
Year Built
- Built in 2020
Lot Details
- 78 Acre Lot
- 3,000 Feet of Waterfront
- River Front
- Property fronts a private road
- Dirt Road
- Street terminates at a dead end
- Rural Setting
- Level Lot
- Open Lot
- Wooded Lot
Parking
- Gravel Driveway
Property Views
- Scenic Vista
- Woods
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,506 Sq Ft Home
- 1-Story Property
- Built-In Features
- Fireplace Features Blower Fan
- Double Pane Windows
- Living Room
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Bedroom Suite
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub and Shower Combination in Primary Bathroom
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Basement
- Interior Basement Entry
- Crawl Space
Outdoor Features
- Deeded Waterfront Access Rights
- River Nearby
- Deck
- Shed
Utilities
- Dehumidifier
- Forced Air Zoned Heating System
- Heating System Uses Gas
- Heating System Uses Propane
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Programmable Thermostat
- Generator Hookup
- Power Generator
- Private Water Source
- Well
- Electric Water Heater
- Septic System
- Septic Design Available
- Private Sewer
- Internet Available
Community Details
- No Home Owners Association
- Community Storage Space
Listing and Financial Details
- Tax Lot 62
- Assessor Parcel Number WALB-000000-R000018-000062
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2024
Closed on
Mar 7, 2025
Sold by
Pedreira Jordyn and Pedreira Jake
Bought by
Pedreira Sasha R and Pedreira Robert J
Seller's Agent
Tim Dunham
Tim Dunham Realty
Buyer's Agent
Sherri Dunbar
Tim Dunham Realty
List Price
$520,000
Sold Price
$479,999
Premium/Discount to List
-$40,001
-7.69%
Views
649
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,621
Original Mortgage
$465,600
Outstanding Balance
$464,824
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Oct 10, 2024
Closed on
Feb 21, 2025
Sold by
Livers Michael and Livers Meghan
Bought by
Pedreira Jake and Pedreira Jordyn
Seller's Agent
Tim Dunham
Tim Dunham Realty
Buyer's Agent
Sherri Dunbar
Tim Dunham Realty
List Price
$520,000
Sold Price
$479,999
Premium/Discount to List
-$40,001
-7.69%
Views
649
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,600
Outstanding Balance
$464,824
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Oct 10, 2024
Closed on
Feb 19, 2025
Sold by
Livers Michael and Livers Meghan
Bought by
Pedreira Jake and Pedreira Jordyn
Seller's Agent
Tim Dunham
Tim Dunham Realty
Buyer's Agent
Sherri Dunbar
Tim Dunham Realty
List Price
$520,000
Sold Price
$479,999
Premium/Discount to List
-$40,001
-7.69%
Views
649
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,600
Outstanding Balance
$464,824
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 17, 2023
Sold by
Livers Michael and Livers Meghan
Bought by
Baker Kevin and Baker Deborah
Purchase Details
Listed on
Jun 24, 2018
Closed on
Aug 21, 2018
Sold by
Simmons Ronald A and Simmons Jean E
Bought by
Livers Meghan and Livers Michael
Seller's Agent
Scott Lund
Peninsula Properties
Buyer's Agent
George Friou
Lash Realty Group
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $33,000 | None Available | |
| Warranty Deed | $33,000 | None Available | |
| Warranty Deed | $50,000 | None Available | |
| Warranty Deed | $50,000 | None Available | |
| Warranty Deed | $430,000 | None Available | |
| Warranty Deed | $430,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $465,600 | Purchase Money Mortgage | |
| Closed | $465,600 | Purchase Money Mortgage | |
| Previous Owner | $25,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $180,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $479,999 | -7.5% | $319 / Sq Ft |
| 01/23/2025 01/23/25 | Pending | -- | -- | -- |
| 11/19/2024 11/19/24 | Price Changed | $519,000 | -0.2% | $345 / Sq Ft |
| 10/10/2024 10/10/24 | For Sale | $520,000 | +420.0% | $345 / Sq Ft |
| 08/20/2018 08/20/18 | Sold | $100,000 | -16.6% | -- |
| 07/31/2018 07/31/18 | Pending | -- | -- | -- |
| 06/24/2018 06/24/18 | For Sale | $119,900 | -- | -- |
Source: Maine Listings
Tax History Compared to Growth
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 | $5,509 | $326,000 | $82,000 | $244,000 |
| 2023 | $4,867 | $312,000 | $82,000 | $230,000 |
| 2022 | $4,256 | $304,000 | $83,000 | $221,000 |
| 2021 | $3,474 | $193,000 | $83,000 | $110,000 |
| 2020 | $1,765 | $97,000 | $97,000 | $0 |
| 2019 | $1,765 | $97,000 | $97,000 | $0 |
| 2018 | $1,717 | $97,000 | $97,000 | $0 |
| 2017 | $1,630 | $97,000 | $97,000 | $0 |
| 2016 | $1,571 | $97,000 | $97,000 | $0 |
| 2015 | $1,484 | $97,000 | $97,000 | $0 |
| 2014 | $1,329 | $97,000 | $97,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Dunham
-
Sherri Dunbar
S
Buyer's Agent in 2025
Sherri Dunbar
Tim Dunham Realty
(207) 380-7931
162 Total Sales
-
Scott Lund
S
Seller's Agent in 2018
Scott Lund
Peninsula Properties
(207) 832-1040
8 Total Sales
-
Buyer's Agent in 2018
George Friou
Lash Realty Group
(207) 542-1143
18 Total Sales
Map
Source: Maine Listings
MLS Number: 1606280
APN: WALB-000000-R000018-000062
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