$100,000
SOLD AUG 20, 2018

534 Reef Rd Waldoboro, ME 04572

83 Acres
$1,205 Price per Acre
3,615,480 Sq Ft Lot

Recently Sold

17% Below List Price

36 Days on Market

Highlights

  • 3,000 Feet of Waterfront
  • Wooded Lot
  • No HOA
  • 83 Acre Lot

About This Lot

As of February 2025

Midcoast Maine large land parcel. A sportsmanship paradise for fishing, hunting kayak/canoe from the shore. Camping and wildlife sightings abound. Approximately 3,000 foot frontage on scenic Medomak River and 2000 feet frontage on discontinued town road bordering the property.

Last Agent to Sell the Property

Scott Lund

Farrin Properties Listed on: 06/24/2018

Last Buyer's Agent

George Friou

Lash Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,484

Lot Details

  • 83 Acre Lot
  • 3,000 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Wooded Lot
  • Property is zoned Shoreland

Parking

  • No Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 534Reef RoadWaldoborR1862

Property Details

Property Type

Land

Est. Annual Taxes

$1,484

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 83.0
  • Road Frontage Type: Private
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Medomak
  • MLS Status: Closed
  • Directions: Wagner Bridge Road to Reef Road. Property is at end of Reef Road on left.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 83.0
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Roads:Private: Yes
  • Gas:No Gas: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 3000.0
  • Water Info:Water Frontage Owned -: 3000.0
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Driveway:No Driveway: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • Electric:No Electric: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Wooded, Rural
  • View: Fields, Scenic, Trees/Woods
  • Waterfront Features: River
  • Waterfront: Yes

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3615480.0
  • Parcel #: 534Reef RoadWaldoborR1862
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1484.0
  • Tax Book Number: 3220
  • Tax Lot: 62
  • Tax Map Number: R18
  • Tax Year: 2015

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
$508,620

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
Farrin 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%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 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
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

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 $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

    Seller's Agent in 2025

    Tim Dunham

    Tim Dunham Realty

    (207) 407-9707

    5 in this area

    391 Total Sales

    Tim Dunham
    Section Image

  • S

    Buyer's Agent in 2025

    Sherri Dunbar

    Tim Dunham Realty

    (207) 380-7931

    3 in this area

    159 Total Sales

    Sherri Dunbar
    Section Image

  • S

    Seller's Agent in 2018

    Scott Lund

    Farrin Properties

  • G

    Buyer's Agent in 2018

    George Friou

    Lash Realty Group

    Section Image
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Map

Source: Maine Listings

MLS Number: 1357724

Maine Listings

APN: WALB-000000-R000018-000062

Maine Lincoln County Waldoboro 04572

534 Reef Rd, Waldoboro, ME

This home is located at 534 Reef Rd, Waldoboro, ME 04572 and is currently priced at $100,000. 534 Reef Rd is a home located in Lincoln County with nearby schools including Medomak Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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