NOT LISTED FOR SALE

45 Shore Rd Otisfield, ME 04270

Estimated Value: $508,000 - $838,000

3 Beds
2 Baths
1,865 Sq Ft
$373/Sq Ft Est. Value

Last Sold December 27, 2022

Last sale price $585,000 $314 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,362/month

79 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wooded Lot
  • 1 Fireplace
  • 125 Feet of Waterfront
  • Main Floor Bedroom
  • Den

About This Home

As of December 2022

Here's your first chance at a beautiful retro home right on the shores of Thompson Lake! This 3 bed, 2 bath home features 125 feet of lake frontage, a first floor bedroom, and scenic views from every room. The garage features two opposing doors, so you can enjoy the sitting area or park your car depending on which door is open. There are a full basement and an attic that are both unfinished and ready for expansion or storage. Check this one out!

Last Agent to Sell the Property

Christopher Foster

Keller Williams Realty Listed on: 07/12/2022

Keller Williams Realty

Co-Listed By

Michael Hamilton

Keller Williams Realty

Last Buyer's Agent

Peter Coyne

Coyne Webber Real Estate Associates, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,612

Year Built

  • Built in 1970

Lot Details

  • 0.65 Acre Lot
  • 125 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Limited Residential

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Gambrel Roof
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,865 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Trash Compactor

Flooring

  • Brick
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Mooring

Utilities

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

Community Details

  • Silvaqua Subdivision

Listing and Financial Details

  • Exclusions: Washer/Dryer, Stove, Chandelier, Pillows
  • Tax Lot 033
  • Assessor Parcel Number OTID-000009U-000000-000033

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,612

Year Built

Built in 1970

Lot Details

0

HOA Fees

$4 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.65
  • Road Surface Type: Gravel
  • Water Body Name: Thompson Lake
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Subdivision Name: Silvaqua
  • Above Grade Finished Sq Ft: 1865.0
  • Architectural Style: Gambrel
  • Garage Yn: Yes
  • Year Built: 1970
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.65
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1865.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 50.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:K-1Kerosene: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 125.0
  • Water Info:Water Frontage Owned -: 125.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Style:Gambrel: Yes
  • Den:Den: Yes
  • Appliances Included:Trash Compactor: Yes
  • Recreational Water:Boat Mooring: Yes
  • Floors:Brick2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • 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

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Neighborhood, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exclusions: Washer/Dryer, Stove, Chandelier, Pillows
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 28314.0
  • Parcel #: OTID-000009U-000000-000033
  • Zoning: Limited Residential

Tax Info

  • Tax Annual Amount: 5612.0
  • Tax Book Number: 1639
  • Tax Lot: 033
  • Tax Map Number: U09
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Dec 27, 2022
Sold by
Marr Carolyn S
Bought by
Bossie Andrew I and Wagner Gary J
Seller's Agent
Christopher Foster
Keller Williams Realty
Buyer's Agent
Peter Coyne
Coyne Webber Real Estate Associates, LLC
List Price
$749,000
Sold Price
$585,000
Premium/Discount to List
-$164,000
-21.9%
Current Estimated Value
$695,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,588
Avg. Annual Appreciation
9.08%
Original Mortgage
$400,000
Outstanding Balance
$386,271
Interest Rate
4.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$351,556
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
Bossie Andrew I $585,000 None Available
Bossie Andrew I $585,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bossie Andrew I $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2022 12/27/22 Sold $585,000 -21.9% $314 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $749,000 -- $402 / 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 $6,917 $389,704 $289,100 $100,604
2023 $6,313 $389,704 $289,100 $100,604
2022 $5,709 $389,704 $289,100 $100,604
2021 $5,612 $389,704 $289,100 $100,604
2020 $5,807 $389,704 $289,100 $100,604
2019 $1,922 $389,704 $289,100 $100,604
2018 $1,814 $389,704 $289,100 $100,604
2017 $5,553 $389,704 $289,100 $100,604
2016 $5,222 $389,704 $289,100 $100,604
2015 $5,027 $389,704 $289,100 $100,604
2014 $4,676 $389,704 $289,100 $100,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1536017

Maine Listings

APN: OTID-000009U-000000-000033