NOT LISTED FOR SALE

494 Springy Pond Rd Otis, ME 04605

Estimated Value: $336,972 - $415,000

2 Beds
1 Bath
1,564 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $230,000 $147 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,356/month

132 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Chalet
  • 99 Feet of Waterfront
  • Home fronts a pond
  • Deck

About This Home

As of August 2015

SECOND TO NONE. Contemporary home with shimmering sunrises over the waters edge. Complete new construction in 2002 with steel I beams on concrete piers, you have all the comforts built in. Dramatic 2 story cathedral ceiling in living area, pecan kitchen, pine T&G ceiling with skylights. 3 sources of heat (pellet, propane, heat pump) and central air conditioning by the Fujitsu heat pump. Detached guest house over 2 car garage. Year round ready home, top notch snow plowing association, 1 yr Home Warranty!

Last Agent to Sell the Property

Philip Cormier

ERA Dawson-Bradford Co. Listed on: 03/24/2015

Last Buyer's Agent

Bud Farwell

Acadia Cornerstone Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 2002

Lot Details

  • 0.57 Acre Lot
  • Home fronts a pond
  • 99 Feet of Waterfront
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $19 Monthly HOA Fees

Property Views

  • Water
  • Woods

Home Design

  • Chalet
  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,564 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub

Laundry

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

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Gravel Driveway

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Balcony
  • Deck
  • Patio
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • Underground Utilities
  • Generator Hookup
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • Internet Available
  • Satellite Dish

Community Details

  • Community Storage Space

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 17
  • Assessor Parcel Number 494Springy Pond RoadOtisR1217

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,360

Year Built

Built in 2002

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Road Surface Type: Gravel
  • Water Body Name: Springy Pond
  • MLS Status: Closed
  • Directions: From Rte 9 in Clifton, take Rte 180 for 2.7 miles. Take right on Springy Pond Rd for 1.3 miles. A Bear right at Springy Pond sign for 0.9 mile. 8th driveway on left past Otis town line sign.
  • Above Grade Finished Sq Ft: 1564.0
  • Architectural Style: Chalet, Contemporary
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Double Pane Windows
  • Year Built: 2002
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.57
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1564.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 225.0
  • Location Information:Fee Frequency Paid: Annually
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Cooling:Central Air: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Kitchen Amenities:Skylight20: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 99.0
  • Water Info:Water Frontage Owned -: 99.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Satellite Dish: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Vehicle Storage:Storage Above: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Water Heater:Tank: Yes
  • Equipment:Generator: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Laundry Room:Laundry Room: Yes
  • Vehicle Storage:Heated: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Heat Fuel:Pellets: Yes
  • Dining Room Amenities:Informal: Yes
  • Basement Entry:Exterior Only: Yes
  • Electric:Underground: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Laundry Room Amenities:Built-Ins13: Yes
  • Primary Bedroom Amenities:Skylight4: Yes
  • Other Structures:Out Building: Yes
  • Amenities:Home Warranty: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Accessibility Features: Level Entry
  • Has Basement: None, Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Pantry, Storage
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Wooded, Rural
  • View: Trees/Woods
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Other, Pillar/Post/Pier
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Built-Ins, Laundry - 1st Floor, Main Level
  • Cooling: None, Central Air
  • Cooling Y N: No
  • Heating: Stove, Heat Pump, Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Underground, Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 225.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24829.2
  • Parcel #: 494Springy Pond RoadOtisR1217
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1360.0
  • Tax Book Number: 1859
  • Tax Lot: 17
  • Tax Map Number: R12
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2015
Closed on
Sep 8, 2015
Sold by
Brooks David A and Brooks Edith M
Bought by
Hayman Gerald W and Hayman Duska K
Seller's Agent
Philip Cormier
ERA Dawson-Bradford Co.
Buyer's Agent
Bud Farwell
Acadia Cornerstone Real Estate, LLC
List Price
$279,222
Sold Price
$230,000
Premium/Discount to List
-$49,222
-17.63%
Total Days on Market
132
Current Estimated Value
$375,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,243
Avg. Annual Appreciation
5.81%
Original Mortgage
$207,000
Outstanding Balance
$129,227
Interest Rate
4.07%
Mortgage Type
Commercial
Estimated Equity
$269,582
Source: Public Records

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Range of Values:

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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
Hayman Gerald W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayman Gerald W $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $230,000 -17.6% $147 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $279,222 -- $179 / 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 $2,772 $302,900 $232,900 $70,000
2023 $2,186 $166,900 $112,300 $54,600
2022 $1,969 $166,900 $112,300 $54,600
2021 $1,808 $166,900 $112,300 $54,600
2020 $1,752 $166,900 $112,300 $54,600
2019 $1,752 $166,900 $112,300 $54,600
2018 $1,686 $166,900 $112,300 $54,600
2017 $1,661 $166,900 $112,300 $54,600
2016 $1,602 $166,900 $112,300 $54,600
2015 $1,569 $166,900 $112,300 $54,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1207866

Maine Listings

APN: 001424885