NOT LISTED FOR SALE

72 Shore Rd Otisfield, ME 04270

Estimated Value: $351,000 - $434,000

3 Beds
1.5 Baths
1,216 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $340,000 $280 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,441/month

2 Days on Market

Highlights

  • 600 Feet of Waterfront
  • Scenic Views
  • Wooded Lot
  • Beach Access
  • Chalet
  • Main Floor Bedroom

About This Home

As of June 2023

Imagine yourself waking up in this lovely Chalet with access to scenic Thompson Lake! The Silvaqua assocation's picturesque sandy beach with private boat launch is the absolute best way to enjoy this coveted lake! With visually appealing updates to this 3 bedroom, 1 1/2 bath home including first floor bedroom and bathroom, open living and dining room with gas stove, wrap around deck, attached 1 car garage, and a very tasteful fenced in yard portion you will not want to miss the opportunity to make this your new home!

Last Listed By

Terri Levesque

Amnet Realty Listed on: 05/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,649

Year Built

  • Built in 1984

Lot Details

  • 0.7 Acre Lot
  • 600 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Zoning 1

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Chalet
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,216 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Beach Access

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 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 72ShoreRoadOtisfield04270

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,649

Year Built

Built in 1984

Lot Details

0

HOA Fees

$5 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Water Body Name: Thompson Lake
  • MLS Status: Closed
  • Subdivision Name: Silvaqua
  • Directions: Route 121 (Meadow Rd) towards Casco Village. Take right on Mayberry Hill Rd. At top of hill, take left. Right onto Forrest Edwards Road. Turn left on Silvaqua, left onto Shore Rd.
  • Above Grade Finished Sq Ft: 1216.0
  • Architectural Style: Chalet
  • Garage Yn: Yes
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 0.7
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1216.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 60.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 600.0
  • Water Info:Water Frontage Shared -: 600.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Recreational Water:Beach Rights: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Dirt Floor, Full, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Neighborhood, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: 60.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30492.0
  • Parcel #: 72ShoreRoadOtisfield04270
  • Zoning: Zoning 1

Tax Info

  • Tax Annual Amount: 2648.85
  • Tax Book Number: 5488
  • Tax Lot: 1
  • Tax Map Number: U9A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jun 26, 2023
Sold by
Landry Candin M
Bought by
Besse James and Besse Lisa
Seller's Agent
Terri Levesque
Amnet Realty
Buyer's Agent
Charlotte Gill
Bean Group
List Price
$289,900
Sold Price
$340,000
Premium/Discount to List
$50,100
17.28%
Total Days on Market
2
Current Estimated Value
$389,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,485
Avg. Annual Appreciation
7.58%
Original Mortgage
$272,000
Outstanding Balance
$266,954
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$122,531

Purchase Details

Listed on
Aug 29, 2019
Closed on
Oct 23, 2019
Sold by
Schrader John A Est and Richardson
Bought by
Landry Candin M
Seller's Agent
Jocelyn O'Rourke-Shane
Maine Real Estate Choice
Buyer's Agent
Terri Levesque
Androvise Realty
List Price
$189,900
Sold Price
$183,000
Premium/Discount to List
-$6,900
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.33%
Original Mortgage
$179,639
Interest Rate
3.5%
Mortgage Type
FHA

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
Besse James $340,000 None Available
Landry Candin M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Besse James $272,000
Previous Owner Landry Candin M $179,639
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $340,000 +17.3% $280 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $289,900 +58.4% $238 / Sq Ft
10/23/2019 10/23/19 Sold $183,000 -3.6% $150 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $189,900 -- $156 / 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 $3,209 $180,809 $77,350 $103,459
2023 $2,929 $180,809 $77,350 $103,459
2022 $2,649 $180,809 $77,350 $103,459
2021 $2,604 $180,809 $77,350 $103,459
2020 $2,694 $180,809 $77,350 $103,459
2019 $2,694 $180,809 $77,350 $103,459
2018 $2,631 $180,809 $77,350 $103,459
2017 $2,577 $180,809 $77,350 $103,459
2016 $2,423 $180,809 $77,350 $103,459
2015 $2,332 $180,809 $77,350 $103,459
2014 $2,170 $180,809 $77,350 $103,459
Source: Public Records

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Source: Maine Listings

MLS Number: 1560217

Maine Listings

APN: OTID-000009U-000000-A000001