NOT LISTED FOR SALE

95 Loop Rd Otisfield, ME 04270

Estimated Value: $1,128,000 - $2,792,000

4 Beds
4.5 Baths
4,362 Sq Ft
$492/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $2,500,000 $573 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $12,872/month

Highlights

  • 700 Feet of Waterfront
  • Contemporary Architecture
  • 2 Fireplaces
  • Deck
  • Wood Flooring
  • Bonus Room

About This Home

As of June 2022

Thompson Lake Beauty! This magnificent waterfront home boasts expansive lake views! The large decks, patios and professionally landscaped yard make this property a delight for outdoor entertaining. Property has been recently renovated. A new addition and 2 car garage plus a second detached, heated 2 car garage with a beautiful office suite and fitness room were newly built over the past few years. This quality home offers 5 baths, 4+ bedrooms, main bathroom is equipped with a custom steam shower, open concept living, cathedral ceilings, 2 stone fireplaces (one is pellet and one is wood), lots of glass for huge waterfront views, gorgeous custom kitchen with large island and granite counter tops, pantry, built-ins, tons of storage, wood and tile floors, full walkout basement and a custom bar/game room area. Most of the systems are new such as 4 new heat pumps, new HWBB heating system, new septic and drilled well, new tar drive, automatic generator, surround sound, security system, new roof and so much more!

Last Listed By

Terry Hewitt

Keller Williams Realty Brokerage Phone: (207) 240-9196 Listed on: 04/25/2022

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,874

Year Built

  • Built in 1970

Lot Details

  • 0.63 Acre Lot
  • 700 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Landscaped
  • Open Lot
  • Property is zoned Shoreland

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • Multi-Level Property
  • Central Vacuum
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Home Gym
  • Home Security System

Kitchen

  • Built-In Oven
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Oil
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer
  • Internet Available

Community Details

  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number OTID-000009U-000000-000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,874

Year Built

Built in 1970

Lot Details

0

HOA Fees

$4 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Road Surface Type: Gravel
  • Water Body Name: Thompson
  • MLS Status: Closed
  • Directions: Rte 121 in Casco to Mayberry Hill Rd to top, then left on Powhatten 1.7m, then right on Forest Edwards 1.4m, to bottom of hill, left on Silvaqua, take a right on the first Loop Road. home on the right on the water
  • Above Grade Finished Sq Ft: 3142.0
  • Architectural Style: Contemporary, Multi-Level, Other Style
  • Garage Yn: Yes
  • Year Built: 1970
  • Attribution Contact: (207) 240-9196
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.63
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3142.0
  • Property Information:SqFt Finished Below Grade: 1220.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Location Information:Association Fee: 50.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 4.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Office:Office: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Water Info:Waterfront Amount -: 700.0
  • Water Info:Water Frontage Owned -: 100.0
  • Water Info:Water Frontage Shared -: 600.0
  • Water:Private2: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Washer/Dryer Other Location: Yes
  • Heat Fuel:Pellets: Yes
  • Exercise Room:Exercise Room: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Equipment:Central Vacuum: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: VirtualTour

Interior Features

  • Appliances: Wall Oven, Refrigerator, Microwave, Dishwasher, Cooktop
  • Has Basement: Walk-Out Access, Daylight, Finished, Interior Entry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1220.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Other, Pantry, Shower, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Basement
  • Bedroom 4 Bedroom 4 Level: Basement
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Open Lot, Landscaped, Other
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Paved, Garage Door Opener, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Security: Security System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Stove, Multi-Zones, Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27442.8
  • Parcel #: OTID-000009U-000000-000011
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 8874.0
  • Tax Book Number: 5173
  • Tax Lot: 11
  • Tax Map Number: U9
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 21, 2022
Sold by
Caggiano Matthew G and Caggiano Alyssa A
Bought by
Fowler William and Nedzi Bridget
Seller's Agent
Terry Hewitt
Keller Williams Realty
Buyer's Agent
Cynthia Bryan
Pack Maynard and Associates
List Price
$2,500,000
Sold Price
$2,500,000
Current Estimated Value
$2,146,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$353,691
Avg. Annual Appreciation
-4.68%
Original Mortgage
$1,750,000
Outstanding Balance
$1,671,148
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$507,711

Purchase Details

Listed on
May 16, 2014
Closed on
Oct 17, 2014
Sold by
Lucini Gregory L and Lucini Patricia A
Bought by
Caggiano Matthew G and Caggiano Alyssa A
Seller's Agent
Theresa Hewitt
Belanger Realty, Inc.
Buyer's Agent
Theresa Hewitt
Belanger Realty, Inc.
List Price
$624,900
Sold Price
$560,000
Premium/Discount to List
-$64,900
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.45%
Original Mortgage
$410,000
Interest Rate
3%
Mortgage Type
New Conventional

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
Caggiano Matthew G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caggiano Matthew G $800,000
Closed Caggiano Alyssa A $295,400
Closed Caggiano Matthew G $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Sold $2,500,000 0.0% $573 / Sq Ft
04/25/2022 04/25/22 For Sale $2,500,000 +346.4% $573 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
10/10/2014 10/10/14 Sold $560,000 -10.4% $175 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $624,900 -- $196 / 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 $10,939 $616,256 $308,920 $307,336
2023 $9,983 $616,256 $308,920 $307,336
2022 $9,028 $616,256 $308,920 $307,336
2021 $8,874 $616,256 $308,920 $307,336
2020 $9,182 $616,256 $308,920 $307,336
2019 $8,424 $565,391 $290,920 $274,471
2018 $7,477 $513,905 $280,920 $232,985
2017 $7,323 $513,905 $280,920 $232,985
2016 $6,616 $493,703 $280,920 $212,783
2015 $6,369 $493,703 $280,920 $212,783
2014 $5,924 $493,703 $280,920 $212,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1525746

Maine Listings

APN: OTID-000009U-000000-000011