$340,000
SOLD JUL 1, 2025

3 Bean Rd Otisfield, ME 04270

3 Beds
2.5 Baths
2,100 Sq Ft
0.4 Acres

Recently Sold

$162 Per Sq Ft

3% Below List Price

79 Days on Market

Highlights

  • Water Views
  • Country Club
  • Cathedral Ceiling
  • Ski Resort
  • Deck
  • Wood Flooring

About This Home

As of July 2025

This delightful 3-bedroom, 2.5-bath farmhouse offers the perfect blend of country charm and modern convenience, making it ideal for a growing family or those seeking a peaceful retreat. The home boasts spacious rooms filled with natural light and a welcoming atmosphere. It features a large family room, a cozy living room, a dining area, an open-concept kitchen, and a laundry room that is conveniently located outside the basement.

Wake up to enjoy a coffee in the sunny loft area or out on the balcony, taking in the tranquility of your surroundings. The expansive deck provides an inviting space for BBQs and entertaining during the warm summer months. Seasonal views of Thompson Lake add to the home's appeal, and its proximity to the town beach and ski resorts makes it an ideal location.

The seller has successfully used the home as an Airbnb and rental property, offering the option to make it your new home or a profitable investment. Either way, you won't be disappointed!

Last Agent to Sell the Property

Kristen Roy

Elevate Maine Realty Listed on: 01/10/2025

Last Buyer's Agent

Rachael Sawyer

Mahoosuc Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,499

Year Built

  • Built in 1900

Lot Details

  • 0.4 Acre Lot
  • Rural Setting
  • Corner Lot
  • Sloped Lot
  • Property is zoned Shoreland

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • On-Site Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater
  • Septic Design Available
  • Private Sewer

Additional Features

  • Deck
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number OTID-000003R-000000-000002

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club
  • Ski Resort

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,499

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Road Surface Type: Paved
  • Water Body Name: Thompson Lake
  • MLS Status: Closed
  • Directions: Route 121 to Bean Road, First on the right. GPS Friendly!
  • Above Grade Finished Sq Ft: 2100.0
  • Architectural Style: Farmhouse
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.4
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2100.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Design Available: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Location:Near Country Club: Yes
  • Laundry Room:Laundry Room: Yes
  • Location:Ski Resort: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Driveway:Reclaimed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Microwave, Electric Range, Dishwasher
  • Has Basement: Walk-Out Access, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood, Carpet
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Rolling/Sloping, Corner Lot, Near Golf Course, Rural, Ski Resort
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Reclaimed, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17424.0
  • Parcel #: OTID-000003R-000000-000002
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 3499.0
  • Tax Book Number: 5574
  • Tax Lot: 002
  • Tax Map Number: R03
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Jun 30, 2025
Sold by
Morrotta Erika
Bought by
King Laura G and King David A
Seller's Agent
Kristen Roy
Elevate Maine Realty
Buyer's Agent
Rachael Sawyer
Mahoosuc Realty, Inc.
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Views
204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.94%

Purchase Details

Listed on
Nov 13, 2020
Closed on
Dec 21, 2020
Sold by
Central Me Re Invs Inc
Bought by
Morrotta Erika
Seller's Agent
Anthony Poulin
Meservier & Associates
Buyer's Agent
Kristen Roy
Maine Source Realty
List Price
$179,900
Sold Price
$220,000
Premium/Discount to List
$40,100
22.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$209,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $340,000 --
Warranty Deed $340,000 --
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $209,000 New Conventional
Previous Owner $106,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $340,000 -2.9% $162 / Sq Ft
01/10/2025 01/10/25 For Sale $350,000 +59.1% $167 / Sq Ft
12/21/2020 12/21/20 Sold $220,000 +22.3% $105 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $179,900 -- $86 / 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 $3,499 $197,139 $30,360 $166,779
2023 $3,194 $197,139 $30,360 $166,779
2022 $2,888 $197,139 $30,360 $166,779
2021 $2,839 $197,139 $30,360 $166,779
2020 $2,937 $197,139 $30,360 $166,779
2019 $2,937 $197,139 $30,360 $166,779
2018 $2,868 $197,139 $30,360 $166,779
2017 $2,809 $197,139 $30,360 $166,779
2016 $2,642 $197,139 $30,360 $166,779
2015 $2,543 $197,139 $30,360 $166,779
2014 $2,366 $197,139 $30,360 $166,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1612308

Maine Listings

APN: OTID-000003R-000000-000002