NOT LISTED FOR SALE

77 Otisfield Cove Rd Otisfield, ME 04270

Estimated Value: $493,000 - $637,501

2 Beds
1.5 Baths
938 Sq Ft
$603/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $398,000 $424 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,399/month

244 Days on Market

Highlights

  • 590 Feet of Waterfront
  • Island Location
  • Wooded Lot
  • Docks
  • Colonial Architecture
  • Wood Flooring

About This Home

As of December 2018

This Classic Maine Cottage is located on picturesque Blake Island. The island is easily assessable by a foot bridge, garage and parking on main land, wonderful level lot, gorgeous sunsets and sunrises, big expansive views, wood floors, glassed in porch, 2 baths, cozy breakfast nook and much more! This is a unique property and a special place to make memories. A Must See!

Last Agent to Sell the Property

Theresa Hewitt

Belanger Realty, Inc. Listed on: 02/07/2018

Co-Listed By

Terry Pomerleau

Belanger Realty, Inc.

Last Buyer's Agent

Terry Hewitt

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,955

Year Built

  • Built in 1930

Lot Details

  • 0.4 Acre Lot
  • 590 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Rural Setting
  • Seasonal Access to Property
  • Wooded Lot
  • Property is zoned Shoreland

Parking

  • 1 Car Garage

Property Views

  • Water
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Cottage
  • Camp Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 938 Sq Ft Home
  • Living Room
  • Sun or Florida Room
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Docks
  • Shed
  • Outbuilding
  • Enclosed Glass Porch

Location

  • Island Location

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Kerosene
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number OTID-000004U-000000-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,955

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Road Frontage Type: Private
  • Water Body Name: Thompson
  • Co List Office Mls Id: 1196
  • Co List Office Phone: 207-998-4516
  • MLS Status: Closed
  • Directions: Route 121 by Otisfield Community Hall turn onto Otisfield Cove Road (Across from Fire Dept) garage is on the right and foot bridge and island just behind.
  • Above Grade Finished Sq Ft: 938.0
  • Architectural Style: Camp, Cottage, Colonial, Farmhouse
  • Garage Yn: Yes
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.4
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 938.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Stove: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Property Information:Garage Spaces: 1.0
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Sunroom:Sunroom: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 590.0
  • Water Info:Water Frontage Owned -: 590.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Style:Camp: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Water Info:Island3: Yes
  • Recreational Water:Dock: Yes
  • Heat System:Space Heater: Yes
  • Roof:Wood: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • 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: Wooded, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Glass Enclosed
  • Roof: Wood

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Other

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Space Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17424.0
  • Parcel #: OTID-000004U-000000-000005
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 3955.0
  • Tax Book Number: 2379
  • Tax Lot: 5
  • Tax Map Number: U4
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2023
Sold by
Braden Trevor M and Braden Katherine L
Bought by
Braden Ft and Braden
Current Estimated Value
$565,251

Purchase Details

Listed on
Feb 7, 2018
Closed on
Dec 14, 2018
Sold by
Hooker Linda A and Blake Philip M
Bought by
Braden Trevor M and Braden Katherine L
Seller's Agent
Theresa Hewitt
Belanger Realty, Inc.
Buyer's Agent
Theresa Hewitt
Belanger Realty, Inc.
List Price
$460,000
Sold Price
$398,000
Premium/Discount to List
-$62,000
-13.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$318,400
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
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
Braden Ft -- None Available
Braden Trevor M -- --
Braden Trevor M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braden Trevor M $318,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $398,000 -13.5% $424 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $460,000 -- $490 / 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 $4,927 $277,595 $243,248 $34,347
2023 $4,497 $277,595 $243,248 $34,347
2022 $4,067 $277,595 $243,248 $34,347
2021 $3,997 $277,595 $243,248 $34,347
2020 $4,136 $277,595 $243,248 $34,347
2019 $4,136 $277,595 $243,248 $34,347
2018 $4,039 $277,595 $243,248 $34,347
2017 $3,956 $277,595 $243,248 $34,347
2016 $3,720 $277,595 $243,248 $34,347
2015 $3,581 $277,595 $243,248 $34,347
2014 $3,331 $277,595 $243,248 $34,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1337690

Maine Listings

APN: OTID-000004U-000000-000005