NOT LISTED FOR SALE

394 Forrest Edwards Rd Otisfield, ME 04270

Estimated Value: $490,000 - $985,000

3 Beds
1.5 Baths
898 Sq Ft
$923/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $860,000 $958 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,063/month

Highlights

  • 200 Feet of Waterfront
  • Deck
  • Wood Flooring
  • Docks
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of July 2022

Instant gratification is a rare thing indeed, but every so often you get lucky and everything falls into place. This Thompson Lake property checks all the boxes on your list if you've been craving a cottage compound with both privacy and direct lake frontage. Circa 1948 main cabin, writers cabin, guest cabin and boathouse. Original details fuse seamlessly with modern appointments so you have the best of vintage and modern happily present. Wolf propane range, dishwasher and mini bar space make this a great kitchen for cooking and entertaining. The living room has a stunning fieldstone fireplace for cozy nights in front of the firelight, two bedrooms and a full bath plus a small loft area. The screened front porch provides a great spot for watching movies at night as well as dining and relaxing. The writers cottage has sweet front and back porches, small loft and makes a perfect home office (internet is at the property). The guest house has a covered porch and is just a couple steps from the modern outhouse. Meander down the path to the boat house at waters edge. This property has ample room for various seating areas, grilling and dining al fresco. Mix it up to suit your lifestyle - every inch enjoys water vistas. 200' of pristine water frontage. Thompson Lake is rated one of the ten best bodies of water in Maine for water quality. It is spring fed by the Poland Spring Aquifer – one of the most pristine in the state. The bottom can be seen to a depth of thirty five feet. The swimming area has a dock that provides a magic spot for watching the sunrise. Situated on a wooded and serene 2.02 acres of land with updated systems including drilled well, septic system and underground power. Fully furnished including small boats. Morning coffee, evening cocktails, breakfast, lunch and dinner - every occasion will be special here. Welcome to your new Maine lakefront compound - we think you are going to love it here.

Last Listed By

Carol Kline

Kline Realty Group Listed on: 06/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,651

Year Built

  • Built in 1948

Lot Details

  • 2.02 Acre Lot
  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Wooded Lot
  • Property is zoned SL

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 898 Sq Ft Home
  • Furnished
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Home Office
  • Screened Porch
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Parking

  • Gravel Driveway
  • On-Street Parking

Outdoor Features

  • Docks
  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic System
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number OTID-000010U-000008-A000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,651

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.02
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Thompson
  • MLS Status: Closed
  • Directions: Powhatan Road to Forrest Edwards Road, stay to right at fork (not towards Silvaqua) property is on left. Sign on property.
  • Above Grade Finished Sq Ft: 898.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1948
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 2.02
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 898.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Office:Office: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Owned -: 200.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Amenities:Furniture Included: Yes
  • Recreational Water:Dock: Yes
  • Electric:Underground: Yes
  • Parking:On Street: 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, Microwave, Gas Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, 1st Floor Bedroom
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Wooded, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87991.2
  • Parcel #: OTID-000010U-000008-A000000
  • Zoning: SL

Tax Info

  • Tax Annual Amount: 3651.0
  • Tax Book Number: 3228
  • Tax Lot: 8
  • Tax Map Number: U10
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 7, 2022
Sold by
Roberts Matthew F
Bought by
Kathleen C Delcol Ret
Seller's Agent
Carol Kline
Kline Realty Group
Buyer's Agent
Theresa Hewitt
Belanger Realty, Inc.
List Price
$799,000
Sold Price
$860,000
Premium/Discount to List
$61,000
7.63%
Total Days on Market
0
Current Estimated Value
$828,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,036
Avg. Annual Appreciation
0.43%

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
Kathleen C Delcol Ret $860,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Matthew F C $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $860,000 +7.6% $958 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $799,000 -- $890 / 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 $5,601 $315,574 $211,280 $104,294
2023 $4,108 $253,558 $211,280 $42,278
2022 $3,715 $253,558 $211,280 $42,278
2021 $3,651 $253,558 $211,280 $42,278
2020 $3,778 $253,558 $211,280 $42,278
2019 $3,778 $253,558 $211,280 $42,278
2018 $3,689 $253,558 $211,280 $42,278
2017 $3,613 $253,558 $211,280 $42,278
2016 $3,398 $253,558 $211,280 $42,278
2015 $3,271 $253,558 $211,280 $42,278
2014 $3,043 $253,558 $211,280 $42,278
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1533137

Maine Listings

APN: OTID-000010U-000008-A000000