NOT LISTED FOR SALE

437 Bean Rd Otisfield, ME 04270

Estimated Value: $364,000 - $488,789

4 Beds
2 Baths
2,120 Sq Ft
$195/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $420,000 $198 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,563/month

171 Days on Market

Highlights

  • Barn
  • Colonial Architecture
  • Farm
  • Scenic Views
  • Deck
  • Wooded Lot

About This Home

As of March 2023

If you are looking for that perfect horse property, here it is! Beautiful fields on this 9.86 acre surveyed property. Nice horse barn with 3 box stalls, tack room , power & hot and cold running water. The second floor can hold 1,000 bales of hay. Smaller barn is great for equipment and more hay storage. 5000 watt Honda Generator is included. The home, circa 1938 boasts a large livingroom with wood stove, Master bedroom, full bath, walk in storage closet, dining room, fully applianced kitchen plus a laundry room. 2nd floor has 4 bedrooms, a large common area & another full bath. Well landscaped lot with pad wired for a hot tub. Large room over garage with electric heat and plumbing for water would make a great office. Full basement. Fencing, fields and close to Thompson Lake! Generator included. Vinyl siding and nice standing seam metal roof. Many updates already done. Come make this home your own. and enjoy peaceful country living at it's best.

Last Listed By

Brenda Sessions

Maine Real Estate Pros Listed on: 08/23/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,135

Year Built

  • Built in 1938

Lot Details

  • 9.86 Acre Lot
  • Rural Setting
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,120 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Stove
  • Gas Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Accessible Home Design

  • Doors are 32 inches wide or more

Outdoor Features

  • Deck
  • Outbuilding

Farming

  • Barn
  • Farm
  • Pasture

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Generator Hookup
  • Power Generator
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot portion of lot 39
  • Assessor Parcel Number OTID-000004R-000000-000039

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,135

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 9.86
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Heading south on Rt 121 in Oxford, follow to Bean Road on the right. Drive 1.9 to Sign on the right.
  • Above Grade Finished Sq Ft: 2120.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1938
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 9.86
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2120.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Water Heater:Oil2: Yes
  • Equipment:Satellite Dish: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • Site:Farm: Yes
  • Site:PastureField: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Foundation Materials:Granite2: Yes
  • Laundry Room Amenities:Built-Ins13: Yes
  • Other Structures:Barn: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Walk-Out Access, Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Attic, Bathtub, Other, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: Farm, Level, Open Lot, Landscaped, Wooded, Pasture, Rural
  • View: Fields, Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter
  • Other Structures: Barn, Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Garage Door Opener, Inside Entrance, Off Street

Utilities

  • Laundry Features: Built-Ins, Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

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: 429501.6
  • Parcel #: OTID-000004R-000000-000039
  • Zoning: none

Tax Info

  • Tax Annual Amount: 3135.0
  • Tax Book Number: 2542
  • Tax Lot: portion of lot 39
  • Tax Map Number: R04
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Mar 31, 2023
Sold by
Drew Richard E
Bought by
Hawley Jennifer L and Hawley Kenneth C
Seller's Agent
Brenda Sessions
Maine Real Estate Pros
Buyer's Agent
Jennifer Hawley
Hearth & Key Realty
List Price
$495,000
Sold Price
$420,000
Premium/Discount to List
-$75,000
-15.15%
Total Days on Market
171
Current Estimated Value
$412,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,553
Avg. Annual Appreciation
1.48%
Original Mortgage
$328,000
Outstanding Balance
$321,201
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$111,935

Purchase Details

Closed on
Jan 7, 2022
Sold by
Drew Richard E
Bought by
Drew Richard E and Bundy Karen L

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
Hawley Jennifer L $420,000 None Available
Drew Richard E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawley Jennifer L $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $420,000 -11.6% $198 / Sq Ft
11/01/2022 11/01/22 Price Changed $475,000 -4.0% $224 / Sq Ft
08/23/2022 08/23/22 For Sale $495,000 -- $233 / 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 $3,329 $187,563 $51,680 $135,883
2023 $3,039 $187,563 $51,680 $135,883
2022 $2,748 $187,563 $51,680 $135,883
2021 $3,135 $217,733 $81,850 $135,883
2020 $3,244 $217,733 $81,850 $135,883
2019 $3,244 $217,733 $81,850 $135,883
2018 $3,168 $217,733 $81,850 $135,883
2017 $531 $217,733 $81,850 $135,883
2016 $3,037 $226,616 $81,850 $144,766
2015 $2,809 $217,733 $81,850 $135,883
2014 $2,613 $217,733 $81,850 $135,883
Source: Public Records

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Source: Maine Listings

MLS Number: 1540843

Maine Listings

APN: OTID-000004R-000000-000039