$450,000
SOLD SEP 28, 2015

241 Otis Point Rd Saint George, ME 04860

2 Beds
3 Baths
780 Sq Ft
0.55 Acres

Recently Sold

$577 Per Sq Ft

8% Below List Price

66 Days on Market

Highlights

  • Additional Residence on Property
  • 257 Feet of Waterfront
  • Deck
  • Deeded Waterfront Access Rights
  • Docks
  • Cathedral Ceiling

About This Home

As of September 2019

Situated on a gently rising bluff, surrounded by tall pines and overlooking the sparkling waters. OTIS POINT COTTAGE sparks a feeling of relaxation and peacefulness immediately upon arrival. The main house is designed to bring the outdoor environment indoors, with large windows, vaulted ceilings with hand-hewn exposed beams. The rooms are oriented to capture the amazing water views. Complete with a newly renovated guest house. The cottage offers a dock and mooring, from which one can kayak, swim or fish.

Last Agent to Sell the Property

Fletcher Smith

Cates Real Estate Listed on: 07/27/2015

Last Buyer's Agent

George Wheelwright

RE/MAX JARET & COHN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,755

Year Built

  • Built in 1960

Lot Details

  • 0.55 Acre Lot
  • 257 Feet of Waterfront
  • River Front
  • Rural Setting
  • Level Lot
  • Property is zoned Shoreland

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 780 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Jetted Tub in Primary Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Mooring
  • Docks
  • Balcony
  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Power Generator
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer
  • Internet Available

Additional Features

  • Solar Water Heater
  • Additional Residence on Property

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number STGE-000217-000000-000031

Community Details

Overview

  • No Home Owners Association
  • Otis Point Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,755

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Water Body Name: Otis Point, St George
  • MLS Status: Closed
  • Subdivision Name: Otis Point
  • Directions: Route 131 passing through the Village of Tenants Harbor to Walston Road on right, to Turkey Cove Road. Travel approximately 1.5 miles and Otis Point Road will be on your right and house will be on your left.
  • Above Grade Finished Sq Ft: 780.0
  • Architectural Style: Cottage
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.55
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 780.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Basement:Partial: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 257.0
  • Water Info:Water Frontage Owned -: 257.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Amenities:Furniture Included: Yes
  • Equipment:Generator: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Recreational Water:Boat Mooring: Yes
  • Primary Bedroom Amenities:Vaulted Ceiling15: Yes
  • Primary Bedroom Amenities:Jetted Tub6: Yes
  • Living Room Amenities:Vaulted Ceiling14: Yes
  • Water Heater:Solar2: Yes
  • Primary Bedroom Amenities:Skylight4: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Partial, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Furniture Included, Bathtub, Storage, Primary Bedroom w/Bath
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Rolling Slope, Neighborhood, Rural
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23958.0
  • Parcel #: STGE-000217-000000-000031
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 3755.0
  • Tax Book Number: 4320
  • Tax Lot: 31
  • Tax Map Number: 217
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 16, 2019
Sold by
Weinheimer Beckie and Kearl Alan M
Bought by
Mcbain Katherine
Seller's Agent
George Wheelwright
Legacy Properties Sotheby's International Realty
Buyer's Agent
Michael Lynch
Legacy Properties Sotheby's International Realty
List Price
$565,000
Sold Price
$545,000
Premium/Discount to List
-$20,000
-3.54%
Current Estimated Value
$964,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,994
Avg. Annual Appreciation
7.70%
Original Mortgage
$300,000
Outstanding Balance
$207,328
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$642,168

Purchase Details

Listed on
Jul 27, 2015
Closed on
Sep 29, 2015
Sold by
Heger Robert E and Heger Jacqueline D
Bought by
Weinheimer Beckie and Kearl Alan M
Seller's Agent
Fletcher Smith
Cates Real Estate
Buyer's Agent
George Wheelwright
RE/MAX JARET & COHN
List Price
$490,000
Sold Price
$450,000
Premium/Discount to List
-$40,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$360,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2010
Sold by
Melley Maura L
Bought by
Heger Jacqueline D and Heger Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2006
Sold by
Jeffery Anthony C and Jeffery Mary P
Bought by
Melley Maura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.28%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $355,500 Unknown
Previous Owner $360,000 New Conventional
Previous Owner $300,000 Unknown
Previous Owner $318,000 Purchase Money Mortgage
Previous Owner $120,000 Unknown
Previous Owner $135,400 Unknown
Previous Owner $125,000 Stand Alone Second
Previous Owner $150,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $545,000 -3.5% $495 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $565,000 +25.6% $514 / Sq Ft
09/28/2015 09/28/15 Sold $450,000 -8.2% $577 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $490,000 -- $628 / 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 $5,994 $505,800 $339,700 $166,100
2023 $5,614 $505,800 $339,700 $166,100
2022 $5,109 $505,800 $339,700 $166,100
2021 $4,957 $505,800 $339,700 $166,100
2020 $4,856 $505,800 $339,700 $166,100
2019 $4,856 $505,800 $339,700 $166,100
2018 $4,527 $505,800 $339,700 $166,100
2017 $4,400 $505,800 $339,700 $166,100
2016 $4,097 $487,700 $339,700 $148,000
2015 $3,999 $487,700 $339,700 $148,000
2014 $3,902 $487,700 $339,700 $148,000
2013 $3,755 $487,700 $339,700 $148,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1206545

Maine Listings

APN: STGE-000217-000000-000031