NOT LISTED FOR SALE

20 Thompson Ln Otisfield, ME 04270

Estimated Value: $664,000

2 Beds
1 Bath
928 Sq Ft
$716/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $562,000 $606 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,125/month

1 Day on Market

Highlights

  • 120 Feet of Waterfront
  • Wood Flooring
  • Loft
  • Docks
  • Main Floor Bedroom
  • 1 Fireplace

About This Home

As of November 2022

Adorable cottage with expansive water views on Pristine Thompson Lake! The property offers 120 feet of prime level waterfront, wood and tile floors, a fieldstone fireplace, large log columns, cathedral ceilings, and a cozy loft area. Enjoy listening to the Loons while you sit on the large screened porch situated right at the waters edge! Easy year round access, outbuilding + fully furnished. Don't miss this Maine Gem!

Last Listed By

Terry Hewitt

Keller Williams Realty Brokerage Phone: (207) 240-9196 Listed on: 10/17/2022

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,322

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • 120 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Level Lot
  • Property is zoned Shoreland

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Mountain

Home Design

  • Cottage
  • Camp Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 928 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Loft
  • Screened Porch
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Docks
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Natural Gas Not Available
  • The lake is a source of water for the property
  • Seasonal Water
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number OTID-000003U-000000-000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,322

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Thompson
  • MLS Status: Closed
  • Directions: Rt. 121 to Thompson Lane (by the Outpost Store) driveway entrance has few mail boxes take the drive then stay right down driveway
  • Above Grade Finished Sq Ft: 928.0
  • Architectural Style: Camp, Cottage
  • Garage Yn: No
  • Year Built: 1964
  • Attribution Contact: (207) 240-9196
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 928.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 120.0
  • Water Info:Water Frontage Owned -: 120.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Style:Camp: Yes
  • Sewer:Septic Existing on Site: Yes
  • View:Scenic: Yes
  • View:Mountain(s): Yes
  • Recreational Water:Dock: Yes
  • Water:Seasonal4: Yes
  • Basement Entry:Exterior Only: Yes
  • Loft:Loft: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Rural
  • View: Mountain(s), Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Screened
  • Roof: Pitched, Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: OTID-000003U-000000-000003
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 4322.0
  • Tax Book Number: 5340
  • Tax Lot: 003
  • Tax Map Number: U03
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2017
Closed on
Apr 13, 2017
Sold by
Yackley Sharon L and Yackley Gary M
Bought by
Zuidervliet Daniel W and Zuidervliet Dorothy A
Seller's Agent
Theresa Hewitt
Belanger Realty, Inc.
Buyer's Agent
Theresa Hewitt
Belanger Realty, Inc.
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Total Days on Market
1
Current Estimated Value
$664,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,000
Avg. Annual Appreciation
4.78%
Original Mortgage
$215,600
Outstanding Balance
$118,756
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$282,244

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
Zuidervliet Daniel W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zuidervliet Daniel W $215,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $562,000 +2.4% $606 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $549,000 +99.6% $592 / Sq Ft
04/11/2017 04/11/17 Sold $275,000 -4.8% $296 / Sq Ft
02/26/2017 02/26/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $289,000 -- $311 / 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 $5,327 $300,131 $249,400 $50,731
2023 $4,862 $300,131 $249,400 $50,731
2022 $4,397 $300,131 $249,400 $50,731
2021 $4,322 $300,131 $249,400 $50,731
2020 $4,472 $300,131 $249,400 $50,731
2019 $4,472 $300,131 $249,400 $50,731
2018 $4,367 $300,131 $249,400 $50,731
2017 $4,277 $300,131 $249,400 $50,731
2016 $4,022 $300,131 $249,400 $50,731
2015 $3,872 $300,131 $249,400 $50,731
2014 $3,602 $300,131 $249,400 $50,731
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1546100

Maine Listings

APN: OTID-000003U-000000-000003