NOT LISTED FOR SALE

62 Loop Rd Otisfield, ME 04270

Estimated Value: $354,000 - $511,000

3 Beds
2.5 Baths
2,340 Sq Ft
$198/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $228,000 $97 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,774/month

57 Days on Market

Highlights

  • 600 Feet of Waterfront
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Nearby Water Access
  • Cathedral Ceiling
  • Screened Porch

About This Home

As of September 2014

Charming cape offers rights to a beautiful beach, boat launch & the ability to moor a boat on Thompson Lake just steps away, new kitchen, 2 propane fireplaces, pellet stove, 3 enclosed porches, bonus room over garage, finished basement with kitchenette,

Last Agent to Sell the Property

Theresa Hewitt

Belanger Realty, Inc. Listed on: 05/28/2014

Last Buyer's Agent

Susan Russell

Flynn & Company, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,422

Year Built

  • Built in 1985

Lot Details

  • 0.7 Acre Lot
  • 600 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Landscaped

HOA Fees

  • $3 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Cathedral Ceiling
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • In-Law or Guest Suite

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • Direct Access Garage
  • Gravel Driveway

Outdoor Features

  • Nearby Water Access
  • Deep Water Access

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • Silvaqua Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 62Loop RoadOtisfielU91

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,422

Year Built

Built in 1985

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Road Surface Type: Gravel
  • Water Body Name: Thompson
  • MLS Status: Closed
  • Subdivision Name: Silvaqua
  • Directions: Route 121 to Casco Village to Mayberry Hill Rd to top of hill, turn left go 1.7 miles to Forest Edwards Rd on right, go 1.5 miles to left on Silvagua then first right on Loop Rd, home on left
  • Above Grade Finished Sq Ft: 1560.0
  • Architectural Style: Cape
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.7
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1560.0
  • Property Information:SqFt Finished Below Grade: 780.0
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 3.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Rental Allowed: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 600.0
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Amenities:In-Law Apartment: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Washer/Dryer Other Location: Yes
  • Heat Fuel:Pellets: Yes
  • Dining Room Amenities:Heat Stove11: Yes
  • Family Room Amenities:Cathedral Ceiling17: Yes
  • Family Room Amenities:Gas Fireplace9: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Daylight, Finished, Full, Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 780.0
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, In-Law Floorplan
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Landscaped, Other
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Screened
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gravel, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 3.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30492.0
  • Parcel #: 62Loop RoadOtisfielU91
  • Zoning: u

Tax Info

  • Tax Annual Amount: 2422.0
  • Tax Book Number: 3785
  • Tax Lot: 1
  • Tax Map Number: U9
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Hodge Leaman D and Hodge Nanci G
Bought by
Leaman D Hodge T D and Leaman Hodge
Current Estimated Value
$462,727

Purchase Details

Listed on
May 28, 2014
Closed on
Sep 8, 2014
Sold by
Champoli Carl H and Champoli Joyce A
Bought by
Hodge Leaman D and Hodge Nanci G
Seller's Agent
Theresa Hewitt
Belanger Realty, Inc.
Buyer's Agent
Susan Russell
Flynn & Company, Inc.
List Price
$249,000
Sold Price
$228,000
Premium/Discount to List
-$21,000
-8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$143,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

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
Leaman D Hodge T D -- None Available
Leaman D Hodge T D -- None Available
Hodge Leaman D -- --
Hodge Leaman D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hodge Leaman D $143,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2014 09/05/14 Sold $228,000 -8.4% $97 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $249,000 -- $106 / 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 $3,901 $219,750 $97,800 $121,950
2023 $3,560 $219,750 $97,800 $121,950
2022 $3,219 $219,750 $97,800 $121,950
2021 $3,164 $219,750 $97,800 $121,950
2020 $3,274 $219,750 $97,800 $121,950
2019 $3,274 $219,750 $97,800 $121,950
2018 $3,197 $219,750 $97,800 $121,950
2017 $3,131 $219,750 $97,800 $121,950
2016 $2,945 $219,750 $97,800 $121,950
2015 $2,835 $219,750 $97,800 $121,950
2014 $2,637 $219,750 $97,800 $121,950
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Maine Listings

MLS Number: 1136903

Maine Listings

APN: OTID-000009U-000000-000001