NOT LISTED FOR SALE

5 Otisfield Cove Rd Otisfield, ME 04270

Estimated Value: $926,051

7 Beds
3 Baths
3,272 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 17, 2018

Last sale price $595,000 $182 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,747/month

83 Days on Market

Highlights

  • 868 Feet of Waterfront
  • Deep Water Access
  • Wood Flooring
  • Barn
  • Deck
  • New Englander Architecture

About This Home

As of July 2018

What a property! This one of a kind restored farmhouse has it all! 868' on Pristine Thompson Lake & 1815' on a babbling brook, 14 acres of rolling fields, huge barn, in-law apartment, custom kitchen with granite, 3 full baths, wood and title floors, lots of built-ins, walls of windows for big views, sun room, screened porch, loads of bedrooms, cathedral ceilings, huge original beams, dining room, large mudroom, decks, family room and much more! Would make a wonder B&B or family compound. Property has a 2nd floor legal apartment which can be rented or used as an in-law or quest quarters. A MUST SEE!

Last Listed By

Theresa Hewitt

Belanger Realty, Inc. Listed on: 02/20/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,962

Year Built

  • Built in 1930

Lot Details

  • 14 Acre Lot
  • 868 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned Rural

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • New Englander Architecture
  • Farmhouse Style Home
  • Rooming House
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • Mud Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Deep Water Access
  • Deck

Farming

  • Barn
  • Pasture

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number OTID-000003R-000000-000067

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,962

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 14.0
  • Water Body Name: Thompson
  • MLS Status: Closed
  • Directions: Route 121 by Otisfield Community Hall turn onto Otisfield Cove Road (Across from Fire Dept) Home is on the right and runs all the way to lake, property is bordered by brook on one side and Thompson lake on another
  • Above Grade Finished Sq Ft: 3072.0
  • Architectural Style: Farmhouse, New Englander, Rooming House
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 14.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3072.0
  • Property Information:SqFt Finished Below Grade: 200.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Mud Room:Mud Room: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 868.0
  • Water Info:Water Frontage Owned -: 868.0
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • View:Fields: Yes
  • Site:PastureField: Yes
  • Basement:Sump Pump: Yes
  • Amenities:In-Law Apartment: Yes
  • Den:Den: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Style:New Englander: Yes
  • Dining Room Amenities:Formal: Yes
  • Style:Rooming House: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Barn: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Finished, Full, Sump Pump, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 200.0
  • Interior Amenities: 1st Floor Bedroom, In-Law Floorplan, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • 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

Exterior Features

  • Lot Features: Level, Open Lot, Pasture, Rural
  • View: Fields, Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Other Structures: Barn
  • Patio And Porch Features: Deck, Glass Enclosed, Screened
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 609840.0
  • Parcel #: OTID-000003R-000000-000067
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 5962.0
  • Tax Book Number: 1311
  • Tax Lot: 67
  • Tax Map Number: R3
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
Jul 19, 2018
Sold by
Siber George R
Bought by
Daigle Alexander R and Daigle Amanda G
Seller's Agent
Theresa Hewitt
Belanger Realty, Inc.
Buyer's Agent
Mick Early
Cote & Howe Realty
List Price
$595,000
Sold Price
$595,000
Total Days on Market
83
Current Estimated Value
$926,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,051
Avg. Annual Appreciation
6.79%
Original Mortgage
$200,000
Outstanding Balance
$176,119
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$753,951

Purchase Details

Closed on
Aug 5, 2008
Sold by
Siber George R
Bought by
Shah Nimish A and Patel Maitri R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

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
Daigle Alexander R -- --
Shah Nimish A -- --
Siber George R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daigle Alexander R $200,000
Previous Owner Siber George R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2018 07/17/18 Sold $595,000 0.0% $182 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $595,000 -- $182 / 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 $7,350 $414,060 $219,864 $194,196
2023 $6,708 $414,060 $219,864 $194,196
2022 $6,066 $414,060 $219,864 $194,196
2021 $5,962 $414,060 $219,864 $194,196
2020 $6,169 $414,060 $219,864 $194,196
2019 $6,234 $418,392 $224,196 $194,196
2018 $6,088 $418,392 $224,196 $194,196
2017 $5,962 $418,392 $224,196 $194,196
2016 $5,606 $418,392 $224,196 $194,196
2015 $5,397 $418,392 $224,196 $194,196
2014 $5,021 $418,392 $224,196 $194,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1338814

Maine Listings

APN: OTID-000003R-000000-000067