NOT LISTED FOR SALE

137 Loop Rd Otisfield, ME 04270

Estimated Value: $342,000 - $503,000

3 Beds
1 Bath
1,504 Sq Ft
$281/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $219,000 $146 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,500/month

132 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Scenic Views
  • Deck
  • 1,000 Feet of Waterfront
  • Cape Cod Architecture
  • Main Floor Bedroom

About This Home

As of December 2019

This Wonderful year round home or vacation getaway has rights to 2 association waterfront areas on Pristine Thompson Lake! Huge sandy beach and boat launch just a short walk away. Property offers large deck, covered porch, lots of windows, open floor plan, brick hearth, 3 bedrooms plus a loft area for all your guest, one car under and much more!

Last Agent to Sell the Property

Theresa Hewitt

Belanger Realty, Inc. Listed on: 06/12/2019

Last Buyer's Agent

Daniel Kane

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1991

Lot Details

  • 0.7 Acre Lot
  • 1,000 Feet of Waterfront
  • Lake Front
  • Lot Has A Rolling Slope

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Chalet
  • Cottage
  • Camp Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,504 Sq Ft Home
  • Scenic Vista Views
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number OTID-000009U-000000-000045

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,554

Year Built

Built in 1991

Lot Details

0

HOA Fees

$4 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Water Body Name: Thompson
  • MLS Status: Closed
  • Directions: Rte 121 Casco to Mayberry Hill rd to top, left on Powhatten 1.7m, right on Forest Edwards 1.4m, to bottom of hill, left on Silvaqua, 2nd right on Loop Rd (no sign) house on cr of Loop and Silvaqua. Beach & boat launch area at bottom of hill on left
  • Above Grade Finished Sq Ft: 1504.0
  • Architectural Style: Camp, Chalet, Cottage, Cape
  • Garage Yn: Yes
  • Year Built: 1991
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.7
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1504.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 50.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Water Info:Waterfront Amount -: 1000.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Washer/Dryer Other Location: Yes
  • Vehicle Storage:Under: Yes
  • Recreational Water:Beach Rights: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Finished, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Rolling Slope, Other
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • 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
  • Garage Spaces: 1.0
  • Parking Features: Gravel, Inside Entrance, Underground

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30492.0
  • Parcel #: OTID-000009U-000000-000045
  • Zoning: 1

Tax Info

  • Tax Annual Amount: 2554.0
  • Tax Book Number: 4517
  • Tax Lot: 45
  • Tax Map Number: U9
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Dec 4, 2019
Sold by
Parow Brian and Parow Mary A
Bought by
Madore Jeremy A and Madore Jennifer M
Seller's Agent
Theresa Hewitt
Belanger Realty, Inc.
Buyer's Agent
Daniel Kane
Keller Williams Realty
List Price
$239,000
Sold Price
$219,000
Premium/Discount to List
-$20,000
-8.37%
Current Estimated Value
$423,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,080
Avg. Annual Appreciation
11.85%
Original Mortgage
$197,100
Outstanding Balance
$174,280
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$248,800
Source: Public Records

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
Madore Jeremy A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madore Jeremy A $197,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2019 12/05/19 Sold $219,000 -8.4% $146 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $239,000 -- $159 / 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 $3,116 $175,551 $56,900 $118,651
2023 $2,844 $175,551 $56,900 $118,651
2022 $2,572 $175,551 $56,900 $118,651
2021 $2,528 $175,551 $56,900 $118,651
2020 $2,616 $175,551 $56,900 $118,651
2019 $2,616 $175,551 $56,900 $118,651
2018 $2,554 $175,551 $56,900 $118,651
2017 $2,502 $175,551 $56,900 $118,651
2016 $2,352 $175,551 $56,900 $118,651
2015 $2,265 $175,551 $56,900 $118,651
2014 $2,107 $175,551 $56,900 $118,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1419262

Maine Listings

APN: OTID-000009U-000000-000045