NOT LISTED FOR SALE

505 W Shore Rd Otis, ME 04605

Estimated Value: $1,025,000 - $1,153,000

3 Beds
5 Baths
3,389 Sq Ft
$322/Sq Ft Est. Value

About This Home

This home is located at 505 W Shore Rd, Otis, ME 04605 and is currently estimated at $1,089,969, approximately $321 per square foot. 505 W Shore Rd is a home located in Hancock County with nearby schools including Beech Hill School and Sumner Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2020
Sold by
Ellis Thomas G
Bought by
Day Jacob E and Day Amanda L
Current Estimated Value
$1,089,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,500
Outstanding Balance
$580,632
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$509,337
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Day Jacob E -- None Available
Day Jacob E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Jacob E $652,500
Closed Day Jacob E $652,500
Source: Public Records

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 $6,644 $726,100 $286,100 $440,000
2023 $7,172 $547,500 $206,200 $341,300
2022 $6,416 $543,700 $202,400 $341,300
2021 $5,888 $543,700 $202,400 $341,300
2020 $5,709 $543,700 $202,400 $341,300
2019 $5,709 $543,700 $202,400 $341,300
2018 $5,491 $543,700 $202,400 $341,300
2017 $5,410 $543,700 $202,400 $341,300
2016 $5,220 $543,700 $202,400 $341,300
2015 $5,111 $543,700 $202,400 $341,300
Source: Public Records

Map

Maine Hancock County 04605

505 W Shore Rd, ME

Not Listed for Sale

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