Seller's Agent in 2025
Terry Hewitt
Keller Williams Realty
(207) 240-9196
27 in this area
160 Total Sales
119 Loop Rd Otisfield, ME 04270
4
Beds
1.5
Baths
1,650
Sq Ft
0.69
Acres
Highlights
- Deeded Waterfront Access Rights
- Scenic Views
- Deck
- 600 Feet of Waterfront
- Cape Cod Architecture
- Wooded Lot
About This Home
As of May 2025This lovely Otisfield home has rights to Thompson Lake just a short stroll from the property! This full dormered cape boasts 4 spacious bedrooms and 2 bathrooms, making it perfect for large gatherings, hosting family and friends. Recently updated with a fresh coat of paint and a new roof, the interior exudes a welcoming ambiance ready for your personal touch. Step outside to enjoy the serenity of nature from one of the two decks or venture to the large sandy beach at one of Maine's finest lakes, perfect for sunbathing or a refreshing swim in crystal-clear waters. For boating enthusiasts, a convenient boat launch is available for Silvaqua members, while those seeking a peaceful escape can stroll to North Beach's scenic lakeside picnic area. Whether you're looking for a primary residence or an amazing vacation home, this property promises an exceptional lifestyle surrounded by beauty and tranquility!
Last Agent to Sell the Property
Keller Williams Realty Brokerage Phone: (207) 240-9196 Listed on: 03/31/2025
Last Buyer's Agent
William Holmes
Century 21 North East
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,132
Year Built
- Built in 2002
Lot Details
- 0.69 Acre Lot
- 600 Feet of Waterfront
- Dirt Road
- Rural Setting
- Sloped Lot
- Wooded Lot
- Property is zoned Rural
HOA Fees
- $7 Monthly HOA Fees
Parking
- Gravel Driveway
Property Views
- Scenic Vista
- Woods
Home Design
- Cape Cod Architecture
- Cottage
- Camp Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,650 Sq Ft Home
- Living Room
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Bathtub
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deeded Waterfront Access Rights
- Beach Access
- Nearby Water Access
- Deck
- Porch
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Natural Gas Not Available
- Private Water Source
- Well
- Electric Water Heater
- Septic System
- Private Sewer
Community Details
- Silvaqua Subdivision
- The community has rules related to deed restrictions
Listing and Financial Details
- Tax Lot 048*
- Assessor Parcel Number OTID-000009U-000000-000048
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2025
Closed on
Jun 17, 2025
Sold by
Phelan Ft and Phelan
Bought by
Phelan Richard E and Phelan Michael A
Seller's Agent
Terry Hewitt
Keller Williams Realty
Buyer's Agent
William Holmes
Century 21 North East
List Price
$389,000
Sold Price
$368,000
Premium/Discount to List
-$21,000
-5.4%
Views
88
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
$8,539
Avg. Annual Appreciation
6.06%
Original Mortgage
$294,400
Outstanding Balance
$293,355
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$83,184
Purchase Details
Listed on
Mar 31, 2025
Closed on
May 13, 2025
Sold by
Phelan Ft and Phelan
Bought by
Levison Benjamin and Levison Mandy
Seller's Agent
Terry Hewitt
Keller Williams Realty
Buyer's Agent
William Holmes
Century 21 North East
List Price
$389,000
Sold Price
$368,000
Premium/Discount to List
-$21,000
-5.4%
Views
88
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Outstanding Balance
$293,355
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$83,184
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 |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | -- | None Available | |
| Warranty Deed | $370,000 | None Available | |
| Warranty Deed | $370,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $294,400 | Purchase Money Mortgage | |
| Closed | $294,400 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | Sold | $368,000 | -5.4% | $223 / Sq Ft |
| 03/31/2025 03/31/25 | Price Changed | $389,000 | 0.0% | $236 / Sq Ft |
| 03/31/2025 03/31/25 | For Sale | $389,000 | +5.7% | $236 / Sq Ft |
| 02/12/2025 02/12/25 | Off Market | $368,000 | -- | -- |
| 11/16/2024 11/16/24 | Price Changed | $394,000 | -0.1% | $239 / Sq Ft |
| 11/15/2024 11/15/24 | Price Changed | $394,500 | -0.1% | $239 / Sq Ft |
| 11/14/2024 11/14/24 | Price Changed | $395,000 | -0.1% | $239 / Sq Ft |
| 11/12/2024 11/12/24 | Price Changed | $395,500 | -0.1% | $240 / Sq Ft |
| 11/11/2024 11/11/24 | Price Changed | $396,000 | -0.1% | $240 / Sq Ft |
| 11/11/2024 11/11/24 | Price Changed | $396,500 | -0.1% | $240 / Sq Ft |
| 11/09/2024 11/09/24 | Price Changed | $397,000 | -0.1% | $241 / Sq Ft |
| 11/08/2024 11/08/24 | Price Changed | $397,500 | -0.1% | $241 / Sq Ft |
| 11/07/2024 11/07/24 | Price Changed | $398,000 | -0.1% | $241 / Sq Ft |
| 11/06/2024 11/06/24 | Price Changed | $398,500 | -0.1% | $242 / Sq Ft |
| 10/19/2024 10/19/24 | Price Changed | $399,000 | -4.8% | $242 / Sq Ft |
| 10/08/2024 10/08/24 | For Sale | $419,000 | -- | $254 / 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 |
|---|---|---|---|---|
| 2024 | $3,432 | $193,327 | $62,800 | $130,527 |
| 2023 | $3,132 | $193,327 | $62,800 | $130,527 |
| 2022 | $2,832 | $193,327 | $62,800 | $130,527 |
| 2021 | $2,784 | $193,327 | $62,800 | $130,527 |
| 2020 | $2,881 | $193,327 | $62,800 | $130,527 |
| 2019 | $2,881 | $193,327 | $62,800 | $130,527 |
| 2018 | $2,813 | $193,327 | $62,800 | $130,527 |
| 2017 | $2,755 | $193,327 | $62,800 | $130,527 |
| 2016 | $2,591 | $193,327 | $62,800 | $130,527 |
| 2015 | $2,494 | $193,327 | $62,800 | $130,527 |
| 2014 | $2,320 | $193,327 | $62,800 | $130,527 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Hewitt
-
W
Buyer's Agent in 2025
William Holmes
Century 21 North East
Map
Source: Maine Listings
MLS Number: 1606190
APN: OTID-000009U-000000-000048
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