NOT LISTED FOR SALE

619 Point Rd Otis, ME 04605

Estimated Value: $449,000 - $556,000

2 Beds
2 Baths
1,500 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $365,000 $243 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,014/month

Highlights

  • 100 Feet of Waterfront
  • Main Floor Bedroom
  • Great Room
  • Wooded Lot
  • 1 Fireplace
  • Cottage

About This Home

As of May 2021

This home is located at 619 Point Rd, Otis, ME 04605 since 12 April 2021 and is currently estimated at $492,695, approximately $328 per square foot. This property was built in 1960. 619 Point Rd is a home located in Hancock County with nearby schools including Beech Hill School and Sumner Memorial High School.

Last Listed By

Timothy Bush

NextHome Experience Listed on: 04/12/2021

NextHome Experience

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,679

Year Built

  • Built in 1960

Lot Details

  • 0.5 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Camp Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1 Fireplace
  • Great Room
  • Dining Room
  • Laundry Room

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • The lake is a source of water for the property
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 55890-U06-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,679

Year Built

Built in 1960

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Gravel
  • Water Body Name: Beech Hill
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1500.0
  • Architectural Style: Camp, Cottage
  • Garage Yn: No
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1500.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 125.0
  • Location Information:Fee Frequency Paid: Semi-Annually
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Foundation Materials:Block3: Yes
  • Appliances Included:Cooktop: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Style:Camp: Yes
  • Sewer:Septic Existing on Site: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • Laundry Room:Laundry Room: Yes
  • Basement Entry:Exterior Only: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dishwasher, Cooktop
  • Has Basement: Walk-Out Access, Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Lake Drawn

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 55890-U06-044
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1679.0
  • Tax Book Number: 6969
  • Tax Lot: 44
  • Tax Map Number: 06
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 21, 2021
Sold by
L & F Capital Llc
Bought by
Schureman James T and Schureman Catherine J
Seller's Agent
Timothy Bush
NextHome Experience
Buyer's Agent
Timothy Bush
Keller Williams Realty
List Price
$475,000
Sold Price
$365,000
Premium/Discount to List
-$110,000
-23.16%
Total Days on Market
0
Current Estimated Value
$492,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,695
Avg. Annual Appreciation
7.97%
Original Mortgage
$328,500
Outstanding Balance
$301,471
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$192,686

Purchase Details

Listed on
Jun 1, 2019
Closed on
Aug 2, 2019
Sold by
Brissette Michael E
Bought by
L & F Capital Llc
Seller's Agent
Susan Lane-Ziegelaar
Realty of Maine
Buyer's Agent
Susan Lane-Ziegelaar
Realty of Maine
List Price
$349,000
Sold Price
$234,000
Premium/Discount to List
-$115,000
-32.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.02%
Original Mortgage
$300,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Range of Values:

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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
Schureman James T -- None Available
L & F Capital Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schureman James T $328,500
Previous Owner L & F Capital Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $365,000 -23.2% $243 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $475,000 +103.0% $317 / Sq Ft
08/02/2019 08/02/19 Sold $234,000 -33.0% $156 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $349,000 -- $233 / 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 $2,989 $326,700 $253,300 $73,400
2023 $2,908 $222,000 $164,400 $57,600
2022 $2,620 $222,000 $164,400 $57,600
2021 $2,404 $222,000 $164,400 $57,600
2020 $2,331 $222,000 $164,400 $57,600
2019 $2,331 $222,000 $164,400 $57,600
2018 $2,242 $222,000 $164,400 $57,600
2017 $2,209 $222,000 $164,400 $57,600
2016 $2,131 $222,000 $164,400 $57,600
2015 $2,087 $222,000 $164,400 $57,600
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1487311

Maine Listings

APN: 001425243