NOT LISTED FOR SALE

11 Academy Ln Lebanon, ME 04027

Estimated Value: $482,022 - $594,000

4 Beds
2 Baths
3,600 Sq Ft
$151/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $127,000 $35 Per Sq Ft

Est. 329% increase in value since last sale

Current estimated payment $3,239/month

23 Days on Market

Highlights

  • Barn
  • 2.43 Acre Lot
  • Wood Flooring
  • The property is located in a historic district
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of February 2019

This charming colonial style home located near the historic district in Lebanon Maine is in need of some restoration. Original flooring and window moldings throughout. Property offers a large Barn with horse paddocks and located on 2.3 acres. Home is waiting for new life to restore its charm.

Last Agent to Sell the Property

Dan Patry

Patry Family Realty, Inc. Listed on: 01/12/2019

Last Buyer's Agent

Mark Duffy

Keller Williams Coastal and Lakes & Mountains Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,841

Year Built

  • Built in 1856

Lot Details

  • 2.43 Acre Lot
  • Rural Setting
  • Open Lot
  • Property is zoned Res/AG/Com

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1 Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 1 Car Attached Garage
  • Driveway

Location

  • The property is located in a historic district

Farming

  • Barn
  • Agricultural
  • Pasture

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 18a / 18
  • Assessor Parcel Number 11academystreetlebanon04027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,841

Year Built

Built in 1856

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.43
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Follow US-202 West. Turn on to W. Lebanon Rd. Continue onto Shapleigh Rd for .2 miles. Turn right on to Academy Ln. Destination will be on the left.
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: Colonial, Farmhouse
  • Garage Yn: Yes
  • Year Built: 1856
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.43
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1800.0
  • Property Information:SqFt Finished Below Grade: 1800.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Location:Historic District: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: Yes
  • Water Heater:Oil2: Yes
  • Site:Agriculture: Yes
  • Site:PastureField: Yes
  • Other Structures:Barn: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1800.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes

Exterior Features

  • Lot Features: Agriculture, Open Lot, Pasture, Historic District, Rural
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Other Structures: Barn
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 105850.8
  • Parcel #: 11academystreetlebanon04027
  • Zoning: Res/AG/Com

Tax Info

  • Tax Annual Amount: 2841.0
  • Tax Block: 18
  • Tax Book Number: 15138
  • Tax Lot: 18a
  • Tax Map Number: U-9
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2019
Closed on
Feb 21, 2019
Sold by
Fnma
Bought by
Desmarais John
Seller's Agent
Dan Patry
Patry Family Realty, Inc.
Buyer's Agent
Mark Duffy
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$127,000
Sold Price
$127,000
Current Estimated Value
$545,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,006
Avg. Annual Appreciation
24.53%

Purchase Details

Closed on
Oct 11, 2018
Sold by
Driscoll Frederick J and Driscoll Sharon L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 20, 2007
Sold by
Rossop Renee and Rossop James L
Bought by
Driscoll Sharon L and Driscoll Frederick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,700
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2006
Sold by
Rossop James L and Rossop Renee M
Bought by
Eddows Mark A and Eddows Darlene J

Purchase Details

Closed on
Jan 31, 2006
Sold by
Rossop Renee and Rossop James L
Bought by
Mattis Debbie A and Mattis John C
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
Desmarais John -- --
Federal National Mortgage Association -- --
Driscoll Sharon L -- --
Eddows Mark A -- --
Mattis Debbie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Driscoll Sharon L $187,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2019 02/25/19 Sold $127,000 0.0% $35 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
01/12/2019 01/12/19 For Sale $127,000 -- $35 / 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 $4,189 $440,915 $116,580 $324,335
2023 $3,755 $408,131 $116,580 $291,551
2022 $2,862 $186,430 $35,430 $151,000
2021 $2,815 $186,430 $35,430 $151,000
2020 $2,955 $186,430 $35,430 $151,000
2019 $2,912 $186,430 $35,430 $151,000
2017 $2,841 $186,430 $35,430 $151,000
2016 $2,841 $186,430 $35,430 $151,000
2015 $2,841 $186,430 $35,430 $151,000
2014 $2,733 $183,430 $32,430 $151,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1402190

Maine Listings

APN: LBNN-000009U-000000-000019