NOT LISTED FOR SALE

8 Forrest Edwards Rd Otisfield, ME 04270

Estimated Value: $444,264 - $612,000

3 Beds
2 Baths
2,356 Sq Ft
$229/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $299,000 $127 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,370/month

45 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • Wooded Lot
  • View of Trees or Woods
  • Deck
  • Wood Flooring

About This Home

As of October 2020

Don't miss the opportunity to call this property home! Renovated, spacious open concept colonial with beautiful wide pine floors and wood ceiling beams through-out. Plenty of room to entertain. First floor Master bedroom and bath. The kitchen is open to a large dining and living area. The living area features a nice hardwood fireplace. The second floor offers two large bedrooms, an oversized bath with a clawfoot soaking tub and separate shower. A great new deck where you can sip your morning coffee and enjoy the beauty of nature right in your backyard. The Otisfield beach offers a sandy beach with picnic tables and a boat launch, located right around the corner, open to Otisfield Residents only. Large attached 2 car garage. Cute shed would be perfect for a garden shop, bunk room or play area. Near skiing, ATV/snowmobile trails.

Last Listed By

Barbara Howe

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 07/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,760

Year Built

  • Built in 2004

Lot Details

  • 2.62 Acre Lot
  • Rural Setting
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,356 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 8forrestedwardsroadotisfield04270

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,760

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.62
  • MLS Status: Closed
  • Directions: From Naples, take Rte 11 to left on 121, right on Mayberry Hill, straight onto Powhatan Rd, right onto Forrest Edwards Rd. Home is on the corner on the left.
  • Above Grade Finished Sq Ft: 2356.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 2004
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 2.62
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2356.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Storage
  • 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
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Wooded, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 114127.2
  • Parcel #: 8forrestedwardsroadotisfield04270
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 3760.0
  • Tax Book Number: 5034
  • Tax Lot: 5
  • Tax Map Number: R02
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Breton Gary J
Bought by
Tipton Gerald A and Tipton Lorna O
Total Days on Market
45
Current Estimated Value
$540,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$370,499
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$170,067

Purchase Details

Listed on
Jul 20, 2020
Closed on
Oct 20, 2020
Sold by
Kimball Robert B and Kimball Robyn R
Bought by
Breton Gary J and Breton Lynda E
Seller's Agent
Barbara Howe
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Barbara Howe
Green Tree Realty, LLC
List Price
$349,000
Sold Price
$299,000
Premium/Discount to List
-$50,000
-14.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Original Mortgage
$232,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2018
Closed on
Jan 24, 2019
Sold by
Secord David A
Bought by
Kimball Robert B and Kimball Robyn R
Seller's Agent
Jocelyn O'Rourke-Shane
Maine Real Estate Choice
Buyer's Agent
Jocelyn O'Rourke-Shan
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$269,900
Sold Price
$160,000
Premium/Discount to List
-$109,900
-40.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.24%

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
Tipton Gerald A -- None Available
Tipton Gerald A -- None Available
Breton Gary J -- None Available
Breton Gary J -- None Available
Kimball Robert B -- --
Kimball Robert B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tipton Gerald A $385,000
Closed Tipton Gerald A $385,000
Previous Owner Breton Gary J $284,800
Previous Owner Breton Gary J $252,000
Previous Owner Breton Gary J $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $299,000 -14.3% $127 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $349,000 +118.1% $148 / Sq Ft
01/24/2019 01/24/19 Sold $160,000 -40.7% $68 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
08/29/2018 08/29/18 For Sale $269,900 -- $115 / 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 $4,478 $252,261 $44,620 $207,641
2023 $4,087 $252,261 $44,620 $207,641
2022 $3,696 $252,261 $44,620 $207,641
2021 $3,633 $252,261 $44,620 $207,641
2020 $3,759 $252,261 $44,620 $207,641
2019 $3,759 $252,261 $44,620 $207,641
2018 $3,670 $252,261 $44,620 $207,641
2017 $3,595 $252,261 $44,620 $207,641
2016 $3,380 $252,261 $44,620 $207,641
2015 $3,254 $252,261 $44,620 $207,641
2014 $3,027 $252,261 $44,620 $207,641
Source: Public Records

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Source: Maine Listings

MLS Number: 1461059

Maine Listings

APN: OTID-000002R-000035-000005