NOT LISTED FOR SALE

5 Black Bear Dr Otis, ME 04605

Estimated Value: $563,000 - $754,000

3 Beds
1 Bath
1,000 Sq Ft
$668/Sq Ft Est. Value

Last Sold April 17, 2014

Last sale price $220,000 $220 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $3,822/month

2 Days on Market

Highlights

  • 231 Feet of Waterfront
  • Wooded Lot
  • Wood Flooring
  • Docks
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of April 2014

This home is located at 5 Black Bear Dr, Otis, ME 04605 since 25 February 2014 and is currently estimated at $668,259, approximately $668 per square foot. This property was built in 2008. 5 Black Bear Dr is a home located in Hancock County with nearby schools including Beech Hill School and Sumner Memorial High School.

Last Agent to Sell the Property

Joan Osler

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: joanosler@masiello.com Listed on: 02/25/2014

Better Homes & Gardens Real Estate/The Masiello Group

Co-Listed By

Delores Landry

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: joanosler@masiello.com

Last Buyer's Agent

Joseph Quinn

Quinn Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,971

Year Built

  • Built in 2008

Lot Details

  • 2.34 Acre Lot
  • 231 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Wooded Lot
  • Property is zoned SHORELAND

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Camp Architecture
  • Concrete Foundation
  • Shingle Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Loft
  • Wood Flooring
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 5BLACK BEAR DRIVEOtisR725

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,971

Year Built

Built in 2008

Lot Details

2.34 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.34
  • Road Surface Type: Gravel
  • Water Body Name: BEECH HILL POND
  • Co List Office Phone: 207-942-6711
  • MLS Status: Closed
  • Directions: RTE 1A TO GREEN LAKE ROAD. GO 2.2 MILES TO LT AT Y (BEECH HILL POND RD). GO 2.8 MILES TO COSGROVE ON LT. GO 0.7 MILES TO BLACK BEAR ON RT. GO 0.9 MILES AND TAKE A RIGHT. GO 0.8 MILES TO CAMP ON RIGHT.
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Camp, Cottage
  • Year Built: 2008
  • Attribution Contact: joanosler@masiello.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 220.0
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.34
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1000.0
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Basement:Crawl Space: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 231.0
  • Water Info:Water Frontage Owned -: 231.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Style:Camp: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Heat System:Direct Vent Heater: Yes
  • Recreational Water:Dock: Yes
  • Loft:Loft: Yes
  • Construction:Log: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Wooded, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Other, Log
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 101930.4
  • Parcel #: 5BLACK BEAR DRIVEOtisR725
  • Zoning: SHORELAND

Tax Info

  • Tax Annual Amount: 1971.0
  • Tax Lot: 25
  • Tax Year: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2014
Closed on
Apr 24, 2014
Sold by
Robertson Richard D and Robertson Jennifer L
Bought by
Webb Calvin M and Webb Betsy M
Seller's Agent
Joan Osler
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Joseph Quinn
Quinn Agency
List Price
$249,000
Sold Price
$220,000
Premium/Discount to List
-$29,000
-11.65%
Current Estimated Value
$668,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,259
Avg. Annual Appreciation
9.79%
Original Mortgage
$176,000
Outstanding Balance
$91,345
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$576,914
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Webb Calvin M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Calvin M $176,000
Closed Webb Calvin M $11,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2014 04/17/14 Sold $220,000 -11.6% $220 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $249,000 -- $249 / Sq Ft
Source: Maine Listings

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 $4,679 $511,400 $337,500 $173,900
2023 $4,649 $354,900 $219,700 $135,200
2022 $4,188 $354,900 $219,700 $135,200
2021 $3,844 $354,900 $219,700 $135,200
2020 $3,726 $354,900 $219,700 $135,200
2019 $3,726 $354,900 $219,700 $135,200
2018 $3,433 $339,900 $219,700 $120,200
2017 $2,814 $282,800 $219,700 $63,100
2016 $2,715 $282,800 $219,700 $63,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1123911

Maine Listings

APN: OTTS M:R07 L:025

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