C
Seller's Agent in 2023
Carly Chasse
Portside Real Estate Group
(207) 415-0483
2 in this area
81 Total Sales
15 State Route 121 Otisfield, ME 04270
Estimated Value: $240,000 - $321,000
1
Bed
1
Bath
768
Sq Ft
$389/Sq Ft
Est. Value
Highlights
- Lake Front
- Cape Cod Architecture
- Cathedral Ceiling
- Public Beach
- Wooded Lot
- Wood Flooring
About This Home
As of May 2023Open House is cancelled! This property is a charming, cozy retreat situated near Thompson Lake, offering spectacular water views and an exceptional living experience. It features a single bedroom and a bathroom, making it ideal for anyone looking for a private sanctuary, weekend getaway space or an Air BnB! Just a short walk to the public boat launch/beach & minutes to the Oxford Casino. One of the highlights of this property is the spacious, oversized two-car garage, providing ample room for storage or workspaces. Beside the garage is a finished mud room area and extra room with a closet. Above the garage, there is a comfortable living space, which is perfect for relaxing and enjoying the serene lake views. The living area is bright and welcoming, featuring large windows & skylights that allow plenty of natural light to filter in, creating a warm and inviting atmosphere. It has been freshly painted throughout - ready for you to move in. The property's location overlooking Thompson Lake is truly exceptional, offering breathtaking water views that can be enjoyed from the comfort of the living room or private balcony. With its camp-like design, incredible water views, and unbeatable location, this property is sure to impress even the most discerning buyers.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,088
Year Built
- Built in 1995
Lot Details
- 10,019 Sq Ft Lot
- Lake Front
- Public Beach
- Rural Setting
- Wooded Lot
Parking
- 2 Car Direct Access Garage
- Driveway
Property Views
- Water
- Woods
Home Design
- Cape Cod Architecture
- Camp Architecture
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 768 Sq Ft Home
- Cathedral Ceiling
- Skylights
- Gas Fireplace
- Mud Room
- Living Room
Kitchen
- Stove
- Gas Range
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- Main Floor Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- No Cooling
- Heating System Uses Gas
- Pellet Stove burns compressed wood to generate heat
- Heating System Mounted To A Wall or Window
- Private Water Source
- Gas Water Heater
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 007
- Assessor Parcel Number OTID-000002U-000000-000007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2023
Closed on
May 26, 2023
Sold by
Bennett Samuel J
Bought by
Aiello Joshua I and Aiello Sarah C
Seller's Agent
Carly Chasse
Portside Real Estate Group
Buyer's Agent
Lindsay Jeffries
Portside Real Estate Group
List Price
$245,000
Sold Price
$270,000
Premium/Discount to List
$25,000
10.2%
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
$34,143
Avg. Annual Appreciation
4.71%
Original Mortgage
$234,000
Outstanding Balance
$228,858
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$69,895
Purchase Details
Closed on
Sep 5, 2019
Sold by
Miller Duane B
Bought by
Bennett Samuel J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,348
Interest Rate
3.7%
Mortgage Type
VA
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aiello Joshua I | $270,000 | None Available | |
| Bennett Samuel J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aiello Joshua I | $234,000 | |
| Previous Owner | Bennett Samuel J | $135,348 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2023 05/26/23 | Sold | $270,000 | +10.2% | $352 / Sq Ft |
| 05/05/2023 05/05/23 | Pending | -- | -- | -- |
| 03/30/2023 03/30/23 | For Sale | $245,000 | -- | $319 / 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 | $2,530 | $142,518 | $62,200 | $80,318 |
| 2023 | $2,309 | $142,518 | $62,200 | $80,318 |
| 2022 | $2,088 | $142,518 | $62,200 | $80,318 |
| 2021 | $2,052 | $142,518 | $62,200 | $80,318 |
| 2020 | $2,124 | $142,518 | $62,200 | $80,318 |
| 2019 | $2,124 | $142,518 | $62,200 | $80,318 |
| 2018 | $2,074 | $142,518 | $62,200 | $80,318 |
| 2017 | $2,031 | $142,518 | $62,200 | $80,318 |
| 2016 | $1,910 | $142,518 | $62,200 | $80,318 |
| 2015 | $1,838 | $142,518 | $62,200 | $80,318 |
| 2014 | $1,710 | $142,518 | $62,200 | $80,318 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer's Agent in 2023
Lindsay Jeffries
Portside Real Estate Group
(207) 619-7571
1 in this area
21 Total Sales
Map
Source: Maine Listings
MLS Number: 1554981
APN: OTID-000002U-000000-000007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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