NOT LISTED FOR SALE

7 Falling Pines Ln Readfield, ME 04355

Estimated Value: $415,239

4 Beds
2 Baths
1,892 Sq Ft
$219/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $255,000 $135 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,673/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • View of Trees or Woods
  • Wooded Lot
  • 100 Feet of Waterfront
  • Deck
  • Main Floor Bedroom

About This Home

As of July 2020

Escape to the country! If you are looking for year round waterfront access this property comes with three rights of way, two beaches and a boat launch area on Maranacook Lake without the high taxes. So much to offer with this four bedrooms, two bath home in the Maranacook School District. Open concept living with peaceful views out all the windows and not another home in sight. Spacious kitchen with large center island and pantry closet, large family room on lower level. 5 Acre lot has garden area and over-sized 2 car garage with workshop space. Come take a look!

Last Listed By

Pat Ladd

Homestead Realty Listed on: 06/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,451

Year Built

  • Built in 1979

Lot Details

  • 5 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Landscaped
  • Wooded Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Views of Woods
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Water Heated On Demand
  • Septic System
  • Private Sewer
  • Cable TV Available

Community Details

  • Community Storage Space

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number RFLD-000127-000000-000048

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,451

Year Built

Built in 1979

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.0
  • Water Body Name: Maranacook
  • MLS Status: Closed
  • Directions: From Route 41 in Readfield turn onto Maranacook Shores Road. Bear Left at the Y, turn Left onto Falling Pines. First home on Right.
  • Above Grade Finished Sq Ft: 1092.0
  • Architectural Style: Split Entry
  • Garage Yn: Yes
  • Year Built: 1979
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 5.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1092.0
  • Property Information:SqFt Finished Below Grade: 800.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 276.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Shared -: 100.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Exterior:Brick: Yes
  • Recreational Water:Beach Rights: Yes
  • Style:Split Entry: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Finished, Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 800.0
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Landscaped, Wooded, Rural
  • View: Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Brick, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 276.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 217800.0
  • Parcel #: RFLD-000127-000000-000048
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 3451.0
  • Tax Book Number: 13040
  • Tax Lot: 48
  • Tax Map Number: 127
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 31, 2020
Sold by
Diplock Robert
Bought by
Twitchell Elton J and Twitchell Jessica
Seller's Agent
Pat Ladd
Homestead Realty
Buyer's Agent
Les Priest
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$242,500
Sold Price
$255,000
Premium/Discount to List
$12,500
5.15%
Total Days on Market
4
Current Estimated Value
$415,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,239
Avg. Annual Appreciation
10.84%
Original Mortgage
$204,000
Outstanding Balance
$184,087
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$232,157

Range of Values:

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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
Twitchell Elton J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twitchell Elton J $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $255,000 +5.2% $135 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $242,500 +18.3% $128 / Sq Ft
09/27/2018 09/27/18 Sold $205,000 -12.7% $108 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $234,900 -- $124 / 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
2023 $4,043 $285,500 $60,900 $224,600
2022 $2,918 $256,000 $54,600 $201,400
2021 $3,731 $236,300 $50,400 $185,900
2020 $3,913 $222,700 $52,300 $170,400
2019 $3,959 $202,500 $47,600 $154,900
2018 $3,937 $202,500 $47,600 $154,900
2017 $3,906 $202,500 $47,600 $154,900
2015 $3,661 $202,500 $47,600 $154,900
2014 $3,746 $202,500 $47,600 $154,900
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1457340

Maine Listings

APN: RFLD-000127-000000-000048