NOT LISTED FOR SALE

503 Point Rd Otis, ME 04605

Estimated Value: $625,097 - $629,000

3 Beds
2 Baths
2,120 Sq Ft
$296/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $458,100 $216 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,809/month

61 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Beach Access
  • Colonial Architecture
  • Docks
  • Home fronts a pond
  • Wood Flooring

About This Home

As of November 2020

Adorable year round home located on very desirable Beech Hill Pond. This home has 3 bedrooms and 2 full baths. The elegant farmers porch on two sides of the house make a great spot for grilling and entertaining and will keep you out of the elements. There is also a bunkhouse for the kids or out of town quests and a 24' x 42 detached two car garage with work shop area. Furniture is negotiable.

Last Listed By

Robert McKenney

Acadia Realty Group Listed on: 07/26/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,006

Year Built

  • Built in 1990

Lot Details

  • 0.75 Acre Lot
  • Home fronts a pond
  • 75 Feet of Waterfront
  • Dirt Road
  • Landscaped

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Fireplace
  • Wood Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

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

Outdoor Features

  • Beach Access
  • Docks
  • Outbuilding
  • Porch

Location

  • Suburban Location

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 73,28
  • Assessor Parcel Number 503pointroadotis04605

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,006

Year Built

Built in 1990

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Road Surface Type: Gravel
  • Water Body Name: Beech Hill Pond
  • 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. Sign on property.
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1990
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.75
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2000.0
  • Property Information:SqFt Finished Below Grade: 120.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 250.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Location:Suburban: Yes
  • Basement Entry:Doghouse: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Water Info:Waterfront Amount -: 75.0
  • Water Info:Water Frontage Owned -: 75.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Appliances Included:Gas Range: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Recreational Water:Dock: Yes
  • Equipment:DSL: Yes
  • Recreational Water:Beach Rights: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Has Basement: Full, Doghouse
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 120.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Landscaped, Suburban
  • View: Scenic
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Otis Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 32670.0
  • Parcel #: 503pointroadotis04605
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 3006.0
  • Tax Book Number: 3684
  • Tax Lot: 73,28
  • Tax Map Number: U06
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2020
Closed on
Nov 10, 2020
Sold by
Ray David T
Bought by
Hurler Mark S and Hurler Mary
Seller's Agent
Robert McKenney
Acadia Realty Group
Buyer's Agent
Stacy White
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$499,999
Sold Price
$458,100
Premium/Discount to List
-$41,899
-8.38%
Total Days on Market
61
Current Estimated Value
$627,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,949
Avg. Annual Appreciation
8.73%
Original Mortgage
$366,480
Outstanding Balance
$330,548
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$336,474

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Otis, ME

  • 625 Point Rd, Otis, ME 04605

    $629,000

    • 3 Beds
    • 2.5 Baths
    • 1,812 Sq Ft
    • 625 Point Rd
    • Otis, ME

    Situated on one of Hancock County's most desirable lakes is this year round home with 2-car garage. Turn key property with modern updates including generator, heat pumps, tar drive, garden, guest quarters and sauna! 100' of pristine lakefront with huge dock and plenty of room for your pontoon boat! Grab your friends lets go to the lake!

    Torrey McDonald Realty of Maine

    Section Image
  • 12 Sunset Ln, Otis, ME 04605

    $628,000

    • 3 Beds
    • 2 Baths
    • 2,200 Sq Ft
    • 12 Sunset Ln
    • Otis, ME

    Welcome to 12 Sunset Lane, Otis, Maine—your canvas for a dream home on the picturesque Beech Hill Pond. This property boasts over 100 feet of pristine water frontage.This spacious home features 3 bedrooms and 2 bathrooms, offering ample room for family and friends. With the sun setting to the west, you'll enjoy breathtaking views from your updated living space, creating a perfect backdrop for

    Cash Wiseman Keller Williams Realty

    Section Image

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
Hurler Mark S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurler Mark S $366,480
Closed Hurler Mark S $366,480
Previous Owner Ray David T $410,000
Previous Owner Ray David Timothy $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $458,100 -8.4% $216 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
07/26/2020 07/26/20 For Sale $499,999 -- $236 / 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 $3,738 $408,500 $232,300 $176,200
2023 $3,751 $286,300 $149,800 $136,500
2022 $3,378 $286,300 $149,800 $136,500
2021 $3,101 $286,340 $149,840 $136,500
2020 $3,006 $286,300 $149,800 $136,500
2019 $3,006 $286,300 $149,800 $136,500
2018 $2,892 $286,300 $149,800 $136,500
2017 $2,849 $286,300 $149,800 $136,500
2016 $2,748 $286,300 $149,800 $136,500
2015 $2,691 $286,300 $149,800 $136,500
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Maine Listings

MLS Number: 1461917

Maine Listings

APN: 001425274