Seller's Agent in 2021
Pamela Sessions
Bearfoot Realty
(207) 740-6351
144 Total Sales
281 Bean Rd Otisfield, ME 04270
Estimated Value: $256,000 - $447,000
4
Beds
2
Baths
3,806
Sq Ft
$95/Sq Ft
Est. Value
Highlights
- Public Beach
- Wooded Lot
- Bonus Room
- Colonial Architecture
- Cathedral Ceiling
- No HOA
About This Home
As of September 2021Welcome to this spacious Colonial style home in Otisfield on 6 partially cleared & wooded acres! Home features 4 bedrooms, 2 baths, roof was replaced in 2008, heat system 2008, vinyl siding, vinyl windows, drilled well, new septic/leach field. Kitchen features recessed lighting, large pantry, newer appliances. Dining room with cathedral ceiling, Spacious bedrooms with walk-in closets, 2nd floor laundry, Master Bedroom features Cathedral Ceiling. Large heated 3 car garage built in 2016 with a finished space above that currently has a photography studio! The studio has 3 good sized rooms. Walking trails along left side of property. No plumbing in that space currently. House features 2,686 sq/ft & above garage 1,120 sq/ft! Near Otisfield Beach & Oxford Amenities.
Original house was built in 1970 which consisted of the kitchen, bath, & living area. During a renovation in 2007, the dining area, first floor bedroom & entire upstairs was added which included all new plumbing & electrical, with the crawl space frost wall added during that time which required jacking the house.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,911
Year Built
- Built in 1975
Lot Details
- 6 Acre Lot
- Public Beach
- Rural Setting
- Level Lot
- Open Lot
- Wooded Lot
- Property is zoned Rural
Parking
- 3 Car Detached Garage
- Heated Garage
- Gravel Driveway
Home Design
- Colonial Architecture
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,806 Sq Ft Home
- Cathedral Ceiling
- Living Room
- Dining Room
- Home Office
- Bonus Room
- Crawl Space
Kitchen
- Electric Range
- Stove
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- 2 Full Bathrooms
Utilities
- No Cooling
- Heating System Uses Gas
- Pellet Stove burns compressed wood to generate heat
- Baseboard Heating
- Hot Water Heating System
- Private Water Source
- Well
- Septic System
- Private Sewer
Community Details
- No Home Owners Association
- The community has rules related to deed restrictions
Listing and Financial Details
- Tax Lot 55A
- Assessor Parcel Number OTID-000003R-000055-A000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2021
Closed on
Sep 28, 2021
Sold by
Reynolds Korri B and Reynolds Crystal S
Bought by
Knowles Kayla H
Seller's Agent
Pamela Sessions
Bearfoot Realty
Buyer's Agent
Melissa Morrill
Signature Homes Real Estate Group, LLC
List Price
$345,500
Sold Price
$345,500
Total Days on Market
16
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
$14,183
Avg. Annual Appreciation
2.54%
Original Mortgage
$335,135
Outstanding Balance
$310,868
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,316
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 |
|---|---|---|---|
| Knowles Kayla H | -- | None Available | |
| Knowles Kayla H | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Knowles Kayla H | $335,135 | |
| Closed | Knowles Kayla H | $335,135 | |
| Previous Owner | Reynolds Korri | $193,545 | |
| Previous Owner | Reynolds Korri B | $20,000 | |
| Previous Owner | Reynolds Korri B | $153,700 | |
| Previous Owner | Reynolds Korin B | $155,000 | |
| Previous Owner | Reynolds Korin B | $90,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2021 09/28/21 | Sold | $345,500 | 0.0% | $91 / Sq Ft |
| 08/15/2021 08/15/21 | Pending | -- | -- | -- |
| 07/29/2021 07/29/21 | For Sale | $345,500 | -- | $91 / 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 | $4,659 | $262,491 | $40,000 | $222,491 |
| 2023 | $4,252 | $262,491 | $40,000 | $222,491 |
| 2022 | $3,845 | $262,491 | $40,000 | $222,491 |
| 2021 | $3,780 | $262,491 | $40,000 | $222,491 |
| 2020 | $3,911 | $262,491 | $40,000 | $222,491 |
| 2019 | $3,911 | $262,491 | $40,000 | $222,491 |
| 2018 | $3,819 | $262,491 | $40,000 | $222,491 |
| 2017 | $3,600 | $252,621 | $40,000 | $212,621 |
| 2016 | $3,262 | $243,465 | $40,000 | $203,465 |
| 2015 | $3,141 | $243,465 | $40,000 | $203,465 |
| 2014 | $2,700 | $224,985 | $40,000 | $184,985 |
Source: Public Records
Agents Affiliated with this Home
-
Pamela Sessions
-
D
Seller Co-Listing Agent in 2021
Dorcey Cleveland
Bearfoot Realty
-
M
Buyer's Agent in 2021
Melissa Morrill
Signature Homes Real Estate Group, LLC
Map
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Source: Maine Listings
MLS Number: 1502794
APN: OTID-000003R-000055-A000000
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