NOT LISTED FOR SALE

10 Thompson Ln Otisfield, ME 04270

Estimated Value: $456,289 - $468,000

2 Beds
1 Bath
1,032 Sq Ft
$448/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $259,900 $252 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,032/month

199 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Wooded Lot
  • 78 Feet of Waterfront
  • Boat Slip
  • Ranch Style House

About This Home

As of November 2016

Picture yourself taking the boat out onto Majestic Thompson Lake to get an ice cream with the family down at the local marina. This property includes 2 docks and aluminum steps into the water making it easy to enjoy the water. The property comes furnished, picnic tables, 16' pontoon boat with 28 hp motor. Conveniently located to take-out food, gas for boat and groceries just a 2 minute walk away. Close to Route 26 and 6 miles from Oxford Casino.

Last Agent to Sell the Property

Chad Sylvester

Androvise Realty Listed on: 03/17/2016

Last Buyer's Agent

Tom Ferent

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,882

Year Built

  • Built in 1947

Lot Details

  • 0.31 Acre Lot
  • 78 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Ranch Style House
  • Camp Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,032 Sq Ft Home
  • Dining Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Mooring
  • Boat Slip
  • Docks

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil
  • Natural Gas Not Available
  • The lake is a source of water for the property
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 10ThompsonLaneOtisfield04270

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,882

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • Water Body Name: Thompson
  • MLS Status: Closed
  • Directions: Off of Route 121, near the Outpost lakeside c-store, take Thompson Lane with property on left.
  • Above Grade Finished Sq Ft: 1032.0
  • Architectural Style: Camp, Ranch
  • Garage Yn: Yes
  • Year Built: 1947
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.31
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1032.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Attic: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 78.0
  • Water Info:Water Frontage Owned -: 78.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Satellite Dish: Yes
  • View:Scenic: Yes
  • Recreational Water:Dock: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Recreational Water:Boat Mooring: Yes
  • Recreational Water:Boat Slip: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Full, Walk-Out Access, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom, Attic
  • Full Basement: Yes
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Wooded, Near Shopping, Near Town, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Detached, Off Street

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Other, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Well, Lake Drawn

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13503.6
  • Parcel #: 10ThompsonLaneOtisfield04270
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 3882.0
  • Tax Book Number: 3253
  • Tax Lot: 43
  • Tax Map Number: U-02
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2016
Closed on
Nov 21, 2016
Sold by
Nolan William H and Nolan Brenda L
Bought by
Ollman Thomas F and Ollman Anne
Seller's Agent
Chad Sylvester
Androvise Realty
Buyer's Agent
Tom Ferent
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$319,000
Sold Price
$259,900
Premium/Discount to List
-$59,100
-18.53%
Current Estimated Value
$462,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,245
Avg. Annual Appreciation
6.85%
Original Mortgage
$233,910
Outstanding Balance
$115,777
Interest Rate
2.72%
Mortgage Type
New Conventional
Estimated Equity
$346,368
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ollman Thomas F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ollman Thomas F $233,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $259,900 -18.5% $252 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $319,000 -- $309 / 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 $5,743 $323,532 $230,120 $93,412
2023 $5,241 $323,532 $230,120 $93,412
2022 $4,740 $323,532 $230,120 $93,412
2021 $4,659 $323,532 $230,120 $93,412
2020 $4,821 $323,532 $230,120 $93,412
2019 $4,821 $323,532 $230,120 $93,412
2018 $4,707 $323,532 $230,120 $93,412
2017 $4,610 $323,532 $230,120 $93,412
2016 $4,335 $323,532 $230,120 $93,412
2015 $4,174 $323,532 $230,120 $93,412
2014 $3,882 $323,532 $230,120 $93,412
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1254776

Maine Listings

APN: OTID-000002U-000000-000043