NOT LISTED FOR SALE

467 Point Rd Otis, ME 04605

Estimated Value: $612,779 - $632,000

3 Beds
2 Baths
1,500 Sq Ft
$415/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $405,000 $270 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,566/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Cape Cod Architecture
  • 125 Feet of Waterfront
  • Home fronts a pond
  • Wood Flooring

About This Home

As of February 2021

Rare opportunity to own a longtime family compound on Beech Hill Pond. This property has been owned by the Majka family since 1966. Possible year-round home with 3 Bedrooms and 2 full baths. The open living space and porch facing the water makes for a dramatic view of crystal-clear lake and wooded mountains as you feel like you are in an ad for LL Bean down to the snowshoes on the wall. The home was extensively remodeled in 2005 with a full walk out, daylight basement which was installed with radiant heat in the floor. This ground level space could easily be finished as a Guest Room or Mother in law apartment. New septic system installed in 2014. Water supply is private and serviced through a well. Being sold with aluminum dock. Furniture is negotiable.

Last Agent to Sell the Property

Philip Adams

Adams Real Estate Listed on: 09/09/2020

Last Buyer's Agent

Ken Twaddel

Camden Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot
  • Home fronts a pond
  • 125 Feet of Waterfront
  • Rural Setting
  • Landscaped
  • Property is zoned Shoreland

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Mountain

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • Screened Porch
  • Laundry on main level

Kitchen

  • Gas Range
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Outbuilding

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Water Heated On Demand
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 83
  • Assessor Parcel Number 001425283

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,594

Year Built

Built in 1950

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Water Body Name: Beech Hill
  • MLS Status: Closed
  • Directions: From Ellsworth take Route 180 to Otis. Pass the Otis General and stay left on 180. Take a left on the Point Road. Once you see the lake bare left. Home on Right.
  • Above Grade Finished Sq Ft: 1500.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 266.0
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1500.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:On Demand: Yes
  • Location Information:Association Fee: 100.0
  • Location Information:Fee Frequency Paid: Annually
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 125.0
  • Water Info:Water Frontage Owned -: 125.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • 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
  • View:Mountain(s): Yes
  • Water Info:Island3: No
  • Recreational Water:Dock: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: undefined
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Gas Range
  • Has Basement: Walk-Out Access, Daylight, Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Landscaped, Rural
  • View: Mountain(s)
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14374.8
  • Parcel #: 001425283
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 2594.0
  • Tax Lot: 83
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Feb 12, 2021
Sold by
Majka Mary L
Bought by
Trenholm Linda
Seller's Agent
Philip Adams
Adams Real Estate
Buyer's Agent
Ken Twaddel
Camden Real Estate Company
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%
Current Estimated Value
$622,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,390
Avg. Annual Appreciation
9.20%
Original Mortgage
$305,000
Outstanding Balance
$271,541
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$350,849
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Trenholm Linda -- None Available
Trenholm Linda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trenholm Linda $305,000
Closed Trenholm Linda $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $405,000 +1.5% $270 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $399,000 -- $266 / 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 $3,636 $397,400 $252,300 $145,100
2023 $3,616 $276,000 $163,200 $112,800
2022 $3,257 $276,000 $163,200 $112,800
2021 $2,989 $276,000 $163,200 $112,800
2020 $2,898 $276,000 $163,200 $112,800
2019 $2,898 $276,000 $163,200 $112,800
2018 $2,788 $276,000 $163,200 $112,800
2017 $2,746 $276,000 $163,200 $112,800
2016 $2,650 $276,000 $163,200 $112,800
2015 $2,594 $276,000 $163,200 $112,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1468036

Maine Listings

APN: 001425283