NOT LISTED FOR SALE

41 Salisbury Cove Rd Otis, ME 04605

Estimated Value: $360,000 - $510,000

3 Beds
1 Bath
656 Sq Ft
$704/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $225,000 $343 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,889/month

65 Days on Market

Highlights

  • 123 Feet of Waterfront
  • Public Beach
  • Deck
  • Docks
  • Home fronts a pond
  • Wooded Lot

About This Home

As of September 2015

Sweet Beech Hill cottage located at the head of the Pond enjoys gorgeous sunrises and all day sun. Completely renovated in 2012 it offers an open kit/LR w/cathedral ceiling, 2BRs, full bath & sleeping loft. Knotty pine interior. 8x16 deck. Nice level 1 acre lot w/123' frontage with sandy beach. Roll-in 16' aluminum dock system w/8' ramp. All the work has been done for you to enjoy! Ample parking. Back lot included. Close to Bangor and Ellsworth.

Last Agent to Sell the Property

Mary Ellen Farrell

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 07/27/2015

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Travis Coffin

Realty of Maine

Realty of Maine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 1960

Lot Details

  • 1 Acre Lot
  • Home fronts a pond
  • 123 Feet of Waterfront
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Rural Setting
  • Seasonal Access to Property
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Rural

Home Design

  • Cottage
  • Camp Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 656 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Loft
  • Water Views
  • Interior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Kitchen Island
  • Formica Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Docks
  • Deck

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Not Available
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,552

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Beech Hill
  • MLS Status: Closed
  • Directions: From Bangor take 1A to left onto Green Lake Road. Go approx. 2.1 miles to fork and bear left onto Beech Hill Pond Road for 3.3 miles to Salisbury Cove Road on left. You'll see camp signs on a post. Cottage 0.1 mile on right.
  • Above Grade Finished Sq Ft: 656.0
  • Architectural Style: Camp, Cottage
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 656.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 123.0
  • Water Info:Water Frontage Owned -: 123.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Style:Camp: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Recreational Water:Dock: Yes
  • Loft:Loft: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: None, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Near Public Beach, Rural
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Lake Drawn

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 999999
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 1552.0
  • Tax Book Number: 5736
  • Tax Lot: 022
  • Tax Map Number: U07
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Sep 8, 2015
Sold by
Turner Eric M and Turner Laurie J
Bought by
Norwood Robin S and Norwood Dwayne L
Seller's Agent
Mary Ellen Farrell
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Travis Coffin
Realty of Maine
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%
Current Estimated Value
$473,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,033
Avg. Annual Appreciation
7.16%
Original Mortgage
$180,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Norwood Robin S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norwood Robin S $244,888
Closed Norwood Dwayne L $248,000
Closed Norwood Robin S $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $225,000 -9.6% $343 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $249,000 -- $380 / 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 $3,590 $392,400 $284,300 $108,100
2023 $3,520 $268,700 $184,800 $83,900
2022 $3,171 $268,700 $184,800 $83,900
2021 $2,910 $268,700 $184,800 $83,900
2020 $2,821 $268,700 $184,800 $83,900
2019 $2,821 $268,700 $184,800 $83,900
2018 $2,714 $268,700 $184,800 $83,900
2017 $1,898 $190,800 $184,800 $6,000
2016 $1,832 $190,800 $184,800 $6,000
2015 $1,791 $190,500 $184,800 $5,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1217666

Maine Listings

APN: 001425347