NOT LISTED FOR SALE

281 Bean Rd Otisfield, ME 04270

Estimated Value: $287,000 - $1,015,000

4 Beds
2 Baths
3,806 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $345,500 $91 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,278/month

16 Days on Market

Highlights

  • Public Beach
  • Colonial Architecture
  • Cathedral Ceiling
  • 6 Acre Lot
  • Wooded Lot
  • Bonus Room

About This Home

As of September 2021

Welcome 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.

Last Agent to Sell the Property

Pamela Sessions

Kezar Realty Listed on: 07/29/2021

Co-Listed By

Dorcey Cleveland

Bearfoot Realty

Last Buyer's Agent

Melissa Morrill

Signature Homes Real Estate Group, LLC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,911

Year Built

Built in 1975

Lot Details

6 Acres

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.0
  • Road Surface Type: Paved
  • Co List Office Phone: 207-539-6060
  • MLS Status: Closed
  • Directions: From Welchville, Take Rt 121 towards Otisfield approximately 4 miles, after Otisfield Fire Dept, take and immediate right onto Bean Rd. Home is on the right, see sign.
  • Above Grade Finished Sq Ft: 3806.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1975
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 90.78
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 6.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3806.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Bonus Room:Bonus Room: Yes
  • Style:Colonial: Yes
  • Office:Office: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Room Features:Cathedral Ceiling29: Yes
  • Vehicle Storage:Heated: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Heat Fuel:Pellets: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Welcome 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.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl, Tile, Carpet
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Open, Level, Wooded, Near Public Beach, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Heated, 5 - 10 Spaces, 11 - 20 Spaces, Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank, Private Sewer
  • Utilities: Utilities On
  • Water Source: Well, Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 17/MSAD 17

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 261360.0
  • Parcel #: OTID-000003R-000055-A000000
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 3911.0
  • Tax Lot: 55A
  • Tax Year: 2020

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
Kezar Realty
Buyer's Agent
Melissa Morrill
Signature Homes Real Estate Group, LLC
List Price
$345,500
Sold Price
$345,500
Current Estimated Value
$553,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,557
Avg. Annual Appreciation
11.31%
Original Mortgage
$335,135
Outstanding Balance
$302,277
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$250,780
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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
2025 $5,132 $262,491 $40,000 $222,491
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

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1502794

Maine Listings

APN: OTID-000003R-000055-A000000

Your Personal Tour Guide

Ask me questions while you tour the home.