NOT LISTED FOR SALE

51 Loop Rd Otisfield, ME 04270

Estimated Value: $325,716 - $368,000

2 Beds
1.5 Baths
1,470 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 13, 2017

Last sale price $195,000 $133 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,216/month

47 Days on Market

Highlights

  • Lake Front
  • Chalet
  • Wooded Lot
  • Beach Access
  • Deck
  • Main Floor Bedroom

About This Home

As of July 2017

Live here year round or enjoy as your private getaway. Just a two minute walk to great association beach and boat launch on Thompson Lake makes this home picture perfect! Large double lot with garage/shop to store all your toys. Spacious wrap-around deck to enjoy. Newer metal roof. Sleeps 6-8. Beautiful, mature landscaping. Priced to sell fast!

Last Agent to Sell the Property

Carrie Scoville Amy Foley

Bean Group Listed on: 04/18/2017

Last Buyer's Agent

Barbara Lewis

Century 21 North East

Century 21 North East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1986

Lot Details

  • 1.06 Acre Lot
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Wooded Lot
  • Property is zoned General

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Chalet
  • Gambrel Roof
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,470 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Nearby Water Access
  • Deck
  • Shed

Utilities

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

Community Details

  • Silvaqua Subdivision

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 51Loop RoadOtisfielU969

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,661

Year Built

Built in 1986

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.06
  • Road Surface Type: Gravel
  • Water Body Name: Thompson
  • MLS Status: Closed
  • Subdivision Name: Silvaqua
  • Directions: From Casco Village take Mayberry Hill Road to stop sign. Left at sign. Go 2 miles. Right on Forest Edwards Rd. Left on Silvaqua Rd. First right on Loop Rd.
  • Above Grade Finished Sq Ft: 1470.0
  • Architectural Style: Chalet, Gambrel
  • Garage Yn: Yes
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.06
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1470.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 50.0
  • Location Information:Fee Frequency Paid: Annually
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Vehicle Storage:Storage Above: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:Gambrel: Yes
  • Recreational Water:Beach Rights: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Landscaped, Wooded, Rural, Subdivided
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 46173.6
  • Parcel #: 51Loop RoadOtisfielU969
  • Zoning: General

Tax Info

  • Tax Annual Amount: 2661.0
  • Tax Book Number: 1377
  • Tax Lot: 69
  • Tax Map Number: U9
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jul 19, 2017
Sold by
Leary Kenneth and Leary Ruth
Bought by
Myrick Celine L and Myrick Scott E
Seller's Agent
Carrie Scoville Amy Foley
Bean Group
Buyer's Agent
Barbara Lewis
Century 21 North East
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%
Current Estimated Value
$345,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,616
Avg. Annual Appreciation
7.39%
Original Mortgage
$150,000
Outstanding Balance
$126,420
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$220,438
Source: Public Records

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
Myrick Celine L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myrick Celine L $150,000
Previous Owner Leary Kenneth $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2017 07/13/17 Sold $195,000 -2.5% $133 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $200,000 -- $136 / 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 $3,839 $216,283 $104,000 $112,283
2023 $3,504 $216,283 $104,000 $112,283
2022 $3,169 $216,283 $104,000 $112,283
2021 $3,114 $216,283 $104,000 $112,283
2020 $3,223 $216,283 $104,000 $112,283
2019 $3,223 $216,283 $104,000 $112,283
2018 $3,147 $216,283 $104,000 $112,283
2017 $3,082 $216,283 $104,000 $112,283
2016 $2,898 $216,283 $104,000 $112,283
2015 $2,790 $216,283 $104,000 $112,283
2014 $2,557 $213,046 $104,000 $109,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1301790

Maine Listings

APN: OTID-000009U-000000-000069