$390,000
SOLD JUL 31, 2024

628 Springy Pond Rd Otis, ME 04605

2 Beds
1 Bath
2,080 Sq Ft
0.36 Acres

Recently Sold

$188 Per Sq Ft

1 Day on Market

Highlights

  • Hot Property
  • 69 Feet of Waterfront
  • Wooded Lot
  • Deeded Waterfront Access Rights
  • Home fronts a pond
  • Wood Flooring

About This Home

As of July 2024

This newly renovated cabin offers the freshness of a new home combined with the charm of a rustic cabin. Unwind inside or outside, surrounded by trees and serene water views only feet away. Centrally located between Bangor, Mount Desert Island, and Downeast Maine, this sweet cabin on the pond gives you the best of all worlds. A short drive into bustling Bar Harbor and Acadia National Park but also the opportunity to get away from it all on a quiet pond. Too many updates to list the all including new septic system, appliances, metal roof, paint, landscaping, windows, plumbing, flooring, kitchen cabinets/countertop and the list goes on. Great rental history with great reviews so this is perfect for personal use or investment.

Last Agent to Sell the Property

Josh Shelton

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: joshshelton@masiello.com Listed on: 06/05/2024

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Jane Towle

RE/MAX County

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 1960

Lot Details

  • 0.36 Acre Lot
  • Home fronts a pond
  • 69 Feet of Waterfront
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Camp Architecture
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Living Room
  • Sun or Florida Room

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights

Utilities

  • Cooling Available
  • Heat Pump System
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 628springypondroadotis04605

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,174

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: 0.36
  • Road Surface Type: Gravel
  • Water Body Name: Springy Pond
  • MLS Status: Closed
  • Directions: From Rt 9 take Rebel Hill Road, turn right on to Springy Pond Road and 628 will be on the left.
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Camp
  • Garage Yn: No
  • Year Built: 1960
  • Attribution Contact: joshshelton@masiello.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.36
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1040.0
  • Property Information:SqFt Finished Below Grade: 1040.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 250.0
  • Location Information:Fee Frequency Paid: Annually
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 69.0
  • Water Info:Water Frontage Owned -: 69.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • View:Scenic: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1040.0
  • Fireplace: No
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Wooded, Rural
  • View: Scenic
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Lake Drawn

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15681.6
  • Parcel #: 628springypondroadotis04605
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1174.0
  • Tax Book Number: 7224
  • Tax Lot: 6
  • Tax Map Number: R12
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 31, 2024
Sold by
Derevere Francis J and Derevere Kati M
Bought by
Dunbar Brian C
Seller's Agent
Josh Shelton
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Jane Towle
RE/MAX County
List Price
$389,000
Sold Price
$390,000
Premium/Discount to List
$1,000
0.26%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%
Original Mortgage
$351,000
Outstanding Balance
$347,659
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$46,937

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 9, 2022
Sold by
Burke Adam and Burke April
Bought by
Derevere Francis J and Derevere Kati M
Seller's Agent
Timothy Schuck
NextHome Experience
Buyer's Agent
Joshua Shelton
Acadia Realty Group
List Price
$274,000
Sold Price
$218,000
Premium/Discount to List
-$56,000
-20.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.15%

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 19, 2020
Sold by
Wade Aleta
Bought by
Burke Adam and Burke April
Seller's Agent
Manon DeCarlo
Realty of Maine
Buyer's Agent
Timothy Schuck
Realty of Maine
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.62%
Original Mortgage
$84,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 None Available
Warranty Deed $390,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $351,000 Purchase Money Mortgage
Closed $351,000 Purchase Money Mortgage
Previous Owner $84,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $389,000 -2.5% $242 / Sq Ft
06/21/2025 06/21/25 For Sale $399,000 0.0% $248 / Sq Ft
06/20/2025 06/20/25 Off Market $399,000 -- --
07/31/2024 07/31/24 Sold $390,000 +0.3% $188 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $389,000 +78.4% $187 / Sq Ft
08/10/2022 08/10/22 Sold $218,000 -20.4% $210 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $274,000 +161.0% $263 / Sq Ft
08/19/2020 08/19/20 Sold $105,000 -8.7% $128 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $115,000 -- $140 / 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 $1,959 $214,100 $182,000 $32,100
2023 $1,313 $100,200 $75,300 $24,900
2022 $1,182 $100,200 $75,300 $24,900
2021 $1,085 $100,200 $75,300 $24,900
2020 $1,052 $100,200 $75,300 $24,900
2019 $1,052 $100,200 $75,300 $24,900
2018 $1,012 $100,200 $75,300 $24,900
2017 $997 $100,200 $75,300 $24,900
2016 $962 $100,200 $75,300 $24,900
2015 $942 $100,200 $75,300 $24,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1592133

Maine Listings

APN: 001424866