NOT LISTED FOR SALE

578 Powhatan Rd Otisfield, ME 04270

Estimated Value: $291,000 - $362,759

4 Beds
1.5 Baths
884 Sq Ft
$384/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $246,500 $279 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,085/month

6 Days on Market

Highlights

  • Lake Front
  • Public Beach
  • Deck
  • Beach Access
  • View of Trees or Woods
  • Contemporary Architecture

About This Home

As of March 2021

Vaulted ceilings, open plan, large glass doors to the deck, paved drive, private back yard, minutes to EXCLUSIVE Otisfield only sandy beach and public boat launch. Enjoy Pleasant Lake without the taxes! Four bedrooms, tons of storage in the basement, detached one car garage. Minutes from Otisfield Elementary. Perfect location for commute to Portland, Lewiston Auburn, Windham, Norway, Paris! A must see!

Last Agent to Sell the Property

Lorie Olson

Bearfoot Realty Listed on: 02/05/2021

Last Buyer's Agent

Jann Perkins Farrington

Thomas Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,301

Year Built

  • Built in 1983

Lot Details

  • 0.8 Acre Lot
  • Lake Front
  • Public Beach
  • Level Lot
  • Wooded Lot
  • Property is zoned CEO

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 884 Sq Ft Home
  • Views of Woods

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 002-G
  • Assessor Parcel Number OTID-000001R-000002-G000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,301

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Road Surface Type: Paved
  • Water Body Name: Pleasant Lake
  • MLS Status: Closed
  • Directions: From Bearfoot Realty head Route #26 South to Route 121 South to Powhatan Road, follow Powhatan for approximately 1.4 miles, pass the Otisfield Elementary School, home will be on the left.
  • Above Grade Finished Sq Ft: 884.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1983
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.8
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 884.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 1.0
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Basement:Sump Pump: Yes
  • Recreational Water:Beach Rights: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Bulkhead, Full, Sump Pump, Exterior Entry, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Wooded, Near Public Beach
  • View: Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Metal, Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 17/MSAD 17

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34848.0
  • Parcel #: OTID-000001R-000002-G000000
  • Zoning: CEO

Tax Info

  • Tax Annual Amount: 2301.0
  • Tax Book Number: 5442
  • Tax Lot: 002-G
  • Tax Map Number: R-1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 12, 2021
Sold by
Ventresca James M
Bought by
Hudson Vanessa M
Seller's Agent
Lorie Olson
Bearfoot Realty
Buyer's Agent
Jann Perkins Farrington
Thomas Agency
List Price
$259,900
Sold Price
$246,500
Premium/Discount to List
-$13,400
-5.16%
Current Estimated Value
$338,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,449
Avg. Annual Appreciation
7.52%
Original Mortgage
$146,500
Outstanding Balance
$132,810
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$206,630

Purchase Details

Listed on
Sep 29, 2018
Closed on
Nov 21, 2018
Sold by
Robinson Beth E
Bought by
Ventresca James M
Seller's Agent
Tamara Baker-Silver
Bearfoot Realty
Buyer's Agent
Lorie Olson
Bearfoot Realty
List Price
$172,000
Sold Price
$168,000
Premium/Discount to List
-$4,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%
Original Mortgage
$171,612
Interest Rate
4.9%
Mortgage Type
FHA
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
Hudson Vanessa M -- None Available
Ventresca James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Vanessa M $146,500
Previous Owner Ventresca James M $171,612
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $246,500 -5.2% $279 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $259,900 +54.7% $294 / Sq Ft
11/16/2018 11/16/18 Sold $168,000 -2.3% $190 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $172,000 -- $195 / 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 $2,742 $154,463 $39,520 $114,943
2023 $2,502 $154,463 $39,520 $114,943
2022 $2,263 $154,463 $39,520 $114,943
2021 $2,224 $154,463 $39,520 $114,943
2020 $2,301 $154,463 $39,520 $114,943
2019 $2,301 $154,463 $39,520 $114,943
2018 $2,247 $154,463 $39,520 $114,943
2017 $2,201 $154,463 $39,520 $114,943
2016 $2,070 $154,463 $39,520 $114,943
2015 $1,993 $154,463 $39,520 $114,943
2014 $1,854 $154,463 $39,520 $114,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1481500

Maine Listings

APN: OTID-000001R-000002-G000000