NOT LISTED FOR SALE

65 Otisfield Cove Rd Otisfield, ME 04270

Estimated Value: $404,000 - $531,155

3 Beds
2 Baths
2,066 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $288,800 $140 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,911/month

84 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Wooded Lot
  • 100 Feet of Waterfront
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of May 2017

Attractive year round home with 100ft of cove frontage on Otisfield Cove, on Thompson Lake, which is known for its exceptional water quality and clarity. Built in 1900, with renovations & additions in 1984. Attached 2 car garage, metal roofs, granite countertops, SS appliances, gas range, new sunroom with lake views, Russian fireplace and generator hookup. Two good-size BR's and bath up. Private dock for a great boating & fishing experience. A must see property just 60 minutes to Portland. Motivated Seller.

Last Agent to Sell the Property

Robert Blake

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 01/27/2017

Last Buyer's Agent

Theresa Hewitt

Belanger Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,419

Year Built

  • Built in 1984

Lot Details

  • 0.34 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Shoreland

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Cape Cod Architecture
  • Cottage
  • Bungalow
  • Block Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,066 Sq Ft Home
  • Multi-Level Property
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Direct Access Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Smart Grid Meter

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Patio
  • Shed

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Generator Hookup
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number OTID-000004U-000000-000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,419

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Water Body Name: Thompson
  • MLS Status: Closed
  • Directions: Route 302E to left onto Route 11 to left onto Route 121 (Meadow Road). Turn right to stay on Route 121, turn right onto Otisfield Cove Road, house is #65 on right.
  • Above Grade Finished Sq Ft: 2066.0
  • Architectural Style: Cottage, Cape, Bungalow, Multi-Level, Other Style
  • Garage Yn: Yes
  • Efficiency: Smart Electric Meter
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2066.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Style:Bungalow: Yes
  • Basement:Partial: Yes
  • Heat System:Multi-Zones: Yes
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Vehicle Storage:Storage Above: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • Heat System:Direct Vent Heater: Yes
  • Equipment:Generator: Yes
  • Electric:Generator Hookup: Yes
  • Recreational Water:Dock: Yes
  • Energy Efficiency:Smart Electric Meter: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Primary Bedroom Amenities:Built-Ins15: Yes
  • Bedroom Amenities 2:Skylight10: Yes
  • Sunroom Amenities:Heat Stove: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Partial, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Pantry, Storage
  • Bedroom 2 Level: Second
  • 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: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Rural
  • View: Fields, Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Metal
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance, Storage

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Multi-Zones, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.4
  • Parcel #: OTID-000004U-000000-000009
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 3419.0
  • Tax Book Number: 2745
  • Tax Lot: 009
  • Tax Map Number: U04
  • Tax Year: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
65 Otisfield Cove Road Rt
Bought by
Cooper William E
Current Estimated Value
$475,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,655
Outstanding Balance
$81,250
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$393,789

Purchase Details

Listed on
Jan 27, 2017
Closed on
May 23, 2017
Sold by
Ralph A Wallace Lt
Bought by
Cooper 3Rd William E and Cooper Barbara A
Seller's Agent
Robert Blake
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Theresa Hewitt
Belanger Realty, Inc.
List Price
$319,900
Sold Price
$288,800
Premium/Discount to List
-$31,100
-9.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Jan 20, 2010
Sold by
Wallace Ralph A and Wallace Martha E
Bought by
Martha E Wallace Lt and Wallace Martha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.85%
Mortgage Type
Unknown
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
Cooper William E -- None Available
Cooper 3Rd William E -- --
Martha E Wallace Lt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper William E $89,655
Previous Owner Martha E Wallace Lt $232,000
Previous Owner Martha E Wallace Lt $199,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2017 05/23/17 Sold $288,800 -9.7% $140 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $319,900 -- $155 / 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 $4,795 $270,132 $131,170 $138,962
2023 $4,376 $270,132 $131,170 $138,962
2022 $3,957 $270,132 $131,170 $138,962
2021 $3,890 $270,132 $131,170 $138,962
2020 $4,025 $270,132 $131,170 $138,962
2019 $4,025 $270,132 $131,170 $138,962
2018 $3,930 $270,132 $131,170 $138,962
2017 $3,849 $270,132 $131,170 $138,962
2016 $3,620 $270,132 $131,170 $138,962
2015 $3,485 $270,132 $131,170 $138,962
2014 $3,242 $270,132 $131,170 $138,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1293702

Maine Listings

APN: OTID-000004U-000000-000009