NOT LISTED FOR SALE

572 Springy Pond Rd Otis, ME 04605

Estimated Value: $299,943 - $357,000

2 Beds
1 Bath
909 Sq Ft
$361/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $192,000 $211 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,079/month

3 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Home fronts a pond
  • Baseboard Heating
  • Docks
  • Camp Architecture
  • Level Lot

About This Home

As of May 2018

Amazing opportunity to own a 3 season camp with year round access, septic, bunkhouse, storage shed, boat launch, 2 docks, 100 feet of gravel/rocky water frontage on spring fed pond 30 minutes from Ellsworth or Bangor -with high speed internet available to work from the lake while you listen to the loons! Lower Springy Pond is a private haven great for swimming, fishing, tubing, water skiing, and enjoying all that lake life has to offer without the business of larger lakes. The property has plenty of space and has been approved for a well, and garage and would be very easy to winterize if you want year round enjoyment. This is a rare gem for less than 200K on a gorgeous Maine waterfront- act today and enjoy the summer in this happy place!

Last Agent to Sell the Property

Jennifer Cammack

EXP Realty Listed on: 04/11/2018

EXP Realty

Last Buyer's Agent

Melissa Young

Realty of Maine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,107

Year Built

  • Built in 1968

Lot Details

  • 0.84 Acre Lot
  • Home fronts a pond
  • 100 Feet of Waterfront
  • Rural Setting
  • Seasonal Access to Property
  • Level Lot

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Camp Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 909 Sq Ft Home
  • Laminate Flooring
  • Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Docks

Utilities

  • No Cooling
  • Baseboard Heating
  • The lake is a source of water for the property
  • Electric Water Heater
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 572SpringyPond

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,107

Year Built

Built in 1968

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.84
  • Water Body Name: Lower Springy Pond
  • MLS Status: Closed
  • Directions: Follow Rt. 9 to Clifton, Right on Rt. 180, 2 miles and Rt. on Springy Pond Rd. Go 3 miles (bear right at name signs). Property is 3rd left after big red barn. Don't GPS- come in Clifton end of road. Otis end not maintained all the way through.
  • Above Grade Finished Sq Ft: 909.0
  • Architectural Style: Camp
  • Year Built: 1968
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.84
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 909.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 225.0
  • Location Information:Fee Frequency Paid: Annually
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Exterior:Clapboard: Yes
  • Appliances Included:Cooktop: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Driveway:Gravel: Yes
  • Style:Camp: Yes
  • View:Scenic: Yes
  • Recreational Water:Dock: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Cooktop
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Lot Features: Level, Rural
  • View: Scenic
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Lake Drawn

Condo/Co-op/Association

  • Association Fee: 225.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 36590.4
  • Parcel #: 572SpringyPond
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 2107.0
  • Tax Book Number: 2451
  • Tax Lot: 11
  • Tax Map Number: 12
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
May 29, 2018
Sold by
Markevich Michael R and Markevich Lori J
Bought by
Lachance James M and Lachance Ellen O
Seller's Agent
Jennifer Cammack
EXP Realty
Buyer's Agent
Melissa Young
Realty of Maine
List Price
$184,900
Sold Price
$192,000
Premium/Discount to List
$7,100
3.84%
Total Days on Market
3
Current Estimated Value
$328,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,472
Avg. Annual Appreciation
8.15%
Original Mortgage
$153,600
Outstanding Balance
$133,938
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$199,363
Source: Public Records

Similar Homes in the area

  • 628 Springy Pond Rd, Otis, ME 04605

    $399,900

    • 2 Beds
    • 1 Bath
    • 1,610 Sq Ft
    • 628 Springy Pond Rd
    • Otis, ME

    PRICE REDUCTION! Don't wait on this one, it is a fantastic getaway, freshly renovated yet retains the rustic charm of a 60's lake cabin. It's comfortable to relax inside on a rainy day or outside amongst the trees, where peaceful water views abound. Centrally located between Bangor, Mount Desert Island, and Downeast Maine, this sweet cabin is situated in the quintessential setting on the pond,

    Jane Towle RE/MAX County

    Section Image
  • 294 Otis Rd, Ellsworth, ME 04605

    $269,000

    • 3 Beds
    • 1.5 Baths
    • 1,040 Sq Ft
    • 294 Otis Rd
    • Ellsworth, ME

    NEW CONSTRUCTION - This 3-bedroom, 1.5-bath ranch home will be finished soon. Enjoy convenient one floor living with an open-concept layout that provides easy access. Features include a gas fireplace in the living room, a washer/dryer area, wood & tile flooring, a heat pump, generator hook-up and a front deck. This home is ideally located within a short walk to the General Store and close to the

    Travis Coffin Realty of Maine

    Section Image
  • 15 Woodpecker Ln, Otis, ME 04605

    $312,000

    • 3 Beds
    • 1 Bath
    • 1,210 Sq Ft
    • 15 Woodpecker Ln
    • Otis, ME

    Beautifully maintained turnkey 3 bedroom 1 bathroom Ranch home built in 2019. Nestled on a tranquil cul-de-sac private road. This property offers the flexibility to enjoy as a seasonal peaceful retreat or live year round.One floor living, stay cozy and comfortable year-round with efficient radiant heat throughout the home.Enjoy the serenity of nearby lakes and ponds, ideal for fishing, swimming,

    Maria Sensontic Better Homes & Gardens Real Estate/The Masiello Group

    Section Image

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

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
Lachance James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lachance James M $153,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2018 05/24/18 Sold $192,000 +3.8% $211 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $184,900 -- $203 / 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 $2,589 $282,900 $254,800 $28,100
2023 $1,727 $131,800 $109,700 $22,100
2022 $1,555 $131,800 $109,700 $22,100
2021 $1,427 $131,800 $109,700 $22,100
2020 $1,384 $131,800 $109,700 $22,100
2019 $1,384 $131,800 $109,700 $22,100
2018 $1,331 $131,800 $109,700 $22,100
2017 $1,311 $131,800 $109,700 $22,100
2016 $1,265 $131,800 $109,700 $22,100
2015 $1,167 $124,200 $103,200 $21,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1344962

Maine Listings

APN: 001424872