Seller's Agent in 2025
Robert Williams
Rob Williams Real Estate Brokers
(207) 319-4130
1 in this area
46 Total Sales
581 Main St Readfield, ME 04355
4
Beds
2
Baths
1,827
Sq Ft
38.5
Acres
Highlights
- 2,500 Feet of Waterfront
- 38.5 Acre Lot
- Deck
- Home fronts a pond
- Cape Cod Architecture
- Dining Room with Fireplace
About This Home
As of May 2025Nature lovers dream property. Imagine having your morning coffee watching the fish jump in the pond which is located entirely on this property. This vintage Cape has 4 bedrooms and 2 full baths and sits on 38.5 acres. The house has been updated over the years but the character still remains. First floor boasts wood floors and exposed beams. There are three fireplaces to take off the winter chill and two heat pumps to keep you cool in the summer. The covered deck overlooks the private back lawn space and the pond. There is a two car attached garage and plenty of parking for entertaining. Full dry unfinished basement provides ample storage. No survey showing the exact amount of water frontage on the pond. The property has a long well documented history as a flax oil mill on Beaver Brook which was abandoned prior to 1840. Old granite foundation stones of mill still there. The property is not surveyed. Land area source is from town of Readfield assessing records. Buyer to satisfy themselves to boundaries and land area. Property is close to Augusta and Winthrop!! Schedule your private showing today.
Last Agent to Sell the Property
Rob Williams Real Estate Brokers Listed on: 11/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,807
Year Built
- Built in 1825
Lot Details
- 38.5 Acre Lot
- Home fronts a pond
- 2,500 Feet of Waterfront
- Landscaped
- Open Lot
- Sloped Lot
- Wooded Lot
- Property is zoned RP & Residential
Parking
- 2 Car Direct Access Garage
- Automatic Garage Door Opener
- Driveway
Property Views
- Water
- Scenic Vista
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,827 Sq Ft Home
- Built-In Features
- Wood Burning Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- 3 Fireplaces
- Den
- Home Security System
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- 2 Full Bathrooms
- Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- Cooling Available
- Heating System Uses Propane
- Heat Pump System
- Baseboard Heating
- Hot Water Heating System
- Power Generator
- Private Water Source
- Well
- Septic System
- Private Sewer
Additional Features
- Deck
- Agricultural
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 017
- Assessor Parcel Number RFLD-000129-000000-000017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2024
Closed on
May 21, 2025
Sold by
Ellis Marjorie L Est and Ellis
Bought by
Hall Kacie E and Zubinski Peter J
Seller's Agent
Robert Williams
Rob Williams Real Estate Brokers
Buyer's Agent
Elaine Pratte
Hearth & Key Realty
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%
Views
167
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
$5,272
Avg. Annual Appreciation
3.04%
Original Mortgage
$424,000
Outstanding Balance
$423,249
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,023
Purchase Details
Closed on
Aug 17, 2005
Sold by
Ellis Marjorie L and Ellis Ira L
Bought by
Ellis Marjorie L and Eliis Ira L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.66%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Personal Reps Deed | $530,000 | None Available | |
| Personal Reps Deed | $530,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $424,000 | Purchase Money Mortgage | |
| Closed | $424,000 | Purchase Money Mortgage | |
| Previous Owner | $125,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | Sold | $530,000 | -3.4% | $290 / Sq Ft |
| 03/22/2025 03/22/25 | Pending | -- | -- | -- |
| 02/06/2025 02/06/25 | Price Changed | $548,900 | -4.5% | $300 / Sq Ft |
| 11/14/2024 11/14/24 | For Sale | $575,000 | -- | $315 / Sq Ft |
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 |
|---|---|---|---|---|
| 2023 | $2,807 | $198,200 | $29,900 | $168,300 |
| 2022 | $2,026 | $177,700 | $26,800 | $150,900 |
| 2021 | $2,591 | $164,100 | $24,800 | $139,300 |
| 2020 | $2,643 | $150,400 | $22,700 | $127,700 |
| 2019 | $2,674 | $136,800 | $20,700 | $116,100 |
| 2018 | $2,659 | $136,800 | $20,700 | $116,100 |
| 2017 | $2,639 | $136,800 | $20,700 | $116,100 |
| 2015 | $2,734 | $151,200 | $35,100 | $116,100 |
| 2014 | $2,797 | $151,200 | $35,100 | $116,100 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Williams
-
Elizabeth Freitag
E
Seller Co-Listing Agent in 2025
Elizabeth Freitag
Rob Williams Real Estate Brokers
(207) 522-2038
1 in this area
31 Total Sales
-
Elaine Pratte
Buyer's Agent in 2025
Elaine Pratte
Hearth & Key Realty
(207) 344-8291
1 in this area
84 Total Sales
Map
Source: Maine Listings
MLS Number: 1609359
APN: RFLD-000129-000000-000017
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.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393
Nearby Homes
- 119 North Rd
- 33 Butman Blvd
- 2 Falling Pines Ln
- 1163 Memorial Dr
- 1097 Main St
- 14 Meadow View Dr
- 12 Church Rd
- 9 Meadow View Dr
- 430 Gorden Rd
- 37 Wings Mills Rd
- 625 Plains Rd
- 705 Plains Rd
- 90 Bearce Rd
- 0 Allen Hill Ln
- 309 Sturtevant Hill Rd
- 47 Round Stone Rd
- 24 Belgrade Rd
- 18 Fire Road Dc-1
- 32 Roddy Ln
- 429 Sturtevant Hill Rd