NOT LISTED FOR SALE

572 Springy Pond Rd Otis, ME 04605

Estimated Value: $381,811

2 Beds
1 Bath
909 Sq Ft
$420/Sq Ft Est. Value

Last Sold May 24, 2018

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

Est. 99% increase in value since last sale

Current estimated payment $2,344/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:Seasonal: Yes
  • 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
  • Equipment:Internet Access Available: 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%
Current Estimated Value
$381,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,811
Avg. Annual Appreciation
7.45%
Original Mortgage
$153,600
Outstanding Balance
$133,938
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$188,480
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
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

  • Jennifer Cammack

    Seller's Agent in 2018

    Jennifer Cammack

    EXP Realty

    (207) 852-4178

    138 Total Sales

    Section Image

  • M

    Buyer's Agent in 2018

    Melissa Young

    Realty of Maine

See All Agents

Map

Source: Maine Listings

MLS Number: 1344962

Maine Listings

APN: 001424872

Maine Hancock County 04605

572 Springy Pond Rd, ME

This home is located at 572 Springy Pond Rd, Otis, ME 04605 since 11 April 2018 and is currently priced at $381,811, approximately $420 per square foot. This property was built in 1968. 572 Springy Pond Rd is a home located in Hancock County with nearby schools including Beech Hill School and Sumner Memorial High School.

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