NOT LISTED FOR SALE

134 Wayaka Ln Otisfield, ME 04270

Estimated Value: $487,000 - $922,104

4 Beds
2.5 Baths
1,536 Sq Ft
$459/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $600,000 $391 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,212/month

54 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Public Beach
  • Deck
  • Docks
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of October 2020

Beautiful lakefront cottage only 40' from one of Maine's hidden gems, Thompson Lake. In the top 5% of cleanest and clearest lakes in Maine, Thompson Lake is located in the Southwestern Maine's Lake's Region. The Lake is twelve miles long and averages two miles in width with depths up to 121'. It is made up of 4,426 acres. Surrounded by the towns of Casco, Otisfield, Oxford, and Poland, Thompson Lake is about 30 minutes from Lewiston/ Auburn and 45 minutes from Portland. Thompson Lake is best described as large, accessible and scenically beautiful with low boat traffic and an abundance of wildlife like eagles, moose, deer, foxes, ducks, turkeys and loons. The lake is stocked with salmon and trout and is know for its small and large mouth bass. The cottage has 4 Bed and 2.5 Bath, second story family room and a basement with potential for added sq.ft. Second story bedrooms share an elevated and serene view of lake with entry to a private deck. The exterior is designed to be low maintenance with white pine live edge siding and metal roof. New leach field installed May 2020. Your own sandy beach and dock provide access to the water and mooring gives a convenient place to tie up your boat. This is your opportunity to enjoy one of Maine's hidden gems.

Last Agent to Sell the Property

Kaleb Swan

Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 07/01/2020

Last Buyer's Agent

Rick Yost

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,402

Year Built

  • Built in 1970

Lot Details

  • 0.36 Acre Lot
  • 130 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Public Beach
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Cape Cod Architecture
  • Cottage
  • Block Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Kitchen Island
  • Formica Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Mooring
  • Docks
  • Balcony
  • Deck
  • Porch

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number OTID-000011U-000000-000082

Community Details

Overview

  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,402

Year Built

Built in 1970

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Road Surface Type: Gravel
  • Water Body Name: Thompson Lake
  • MLS Status: Closed
  • Directions: From Powhatan Rd turn onto Forest Edwards Rd. Go 0.9 miles then turn right onto Lake Rd. Go 0.6 miles then turn right onto Wayaka Lane. Continue 0.5 miles, property will be on the left.
  • Above Grade Finished Sq Ft: 1536.0
  • Architectural Style: Cottage, Cape
  • Garage Yn: No
  • Year Built: 1970
  • Attribution Contact: 207-729-7297
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.36
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1536.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 150.0
  • Location Information:Fee Frequency Paid: Annually
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 130.0
  • Water Info:Water Frontage Owned -: 130.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Recreational Water:Dock: Yes
  • Room Features:BalconyDeck17: Yes
  • Recreational Water:Boat Mooring: Yes
  • Bedroom Amenities 3:Cathedral Ceiling9: Yes
  • Family Room Amenities:Cathedral Ceiling17: Yes
  • Bedroom Amenities 3:BalconyDeck3: Yes
  • Bedroom Amenities 4:Cathedral Ceiling10: Yes
  • Bedroom Amenities 4:BalconyDeck4: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Gas Range
  • Has Basement: Walk-Out Access, Daylight, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Near Golf Course, Near Public Beach, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15681.6
  • Parcel #: OTID-000011U-000000-000082
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 5402.0
  • Tax Book Number: 3998
  • Tax Lot: 82
  • Tax Map Number: U11
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Oct 2, 2020
Sold by
Jenkins Frederick R and Jenkins Raymond Michael
Bought by
Stathers Richard C and Stathers Monica
Seller's Agent
Kaleb Swan
Tim Dunham Realty
Buyer's Agent
Rick Yost
Keller Williams Realty
List Price
$620,000
Sold Price
$600,000
Premium/Discount to List
-$20,000
-3.23%
Current Estimated Value
$663,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,325
Avg. Annual Appreciation
3.37%
Original Mortgage
$375,000
Outstanding Balance
$337,289
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$367,263
Source: Public Records

Range of Values:

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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
Stathers Richard C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stathers Richard C $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $600,000 -3.2% $391 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $620,000 -- $404 / 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 $6,435 $362,549 $265,720 $96,829
2023 $5,873 $362,549 $265,720 $96,829
2022 $5,311 $362,549 $265,720 $96,829
2021 $5,221 $362,549 $265,720 $96,829
2020 $5,402 $362,549 $265,720 $96,829
2019 $5,402 $362,549 $265,720 $96,829
2018 $5,275 $362,549 $265,720 $96,829
2017 $5,166 $362,549 $265,720 $96,829
2016 $4,858 $362,549 $265,720 $96,829
2015 $4,677 $362,549 $265,720 $96,829
2014 $4,351 $362,549 $265,720 $96,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1458509

Maine Listings

APN: OTID-000011U-000000-000082