$550,000
SOLD AUG 30, 2024
3 Beds
2 Baths
2,093 Sq Ft
9.1 Acres

Recently Sold

$263 Per Sq Ft

8% Below List Price

50 Days on Market

Highlights

  • Nearby Water Access
  • View of Trees or Woods
  • Cape Cod Architecture
  • Public Beach
  • 9.1 Acre Lot
  • Deck

About This Home

As of August 2024

All the privacy and quiet a person could want in this traditional cape. This home is set back off the road on just over nine placid acres of land. Over 2000 square feet with three bedrooms and two bonus rooms means space will not be an issue. Many preventative maintenance items have been done, including a new furnace, water heater, and newer roof gives faith that you will not have any big ticket repairs after move-in. The unattached garage could easily accommodate 4 cars or 2 with a large shop out back. Even the pooches will be happy with the dog fence on the shady side of the house. Best of all is the location. Eight minutes to Biddeford shopping and 10 minutes to I-95. In a short 30 minute drive you could be in Portland or the beautiful beaches of the Kennebunks. Lyman is host to 6 beautiful ponds and 4 of them have public access for your weekend fun.

Last Agent to Sell the Property

Peg Macdonald

EXP Realty Listed on: 06/13/2024

EXP Realty

Last Buyer's Agent

Peg Macdonald

EXP Realty Listed on: 06/13/2024

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,388

Year Built

  • Built in 1974

Lot Details

  • 9.1 Acre Lot
  • Public Beach
  • Rural Setting
  • Fenced
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned General Purpose

Parking

  • 4 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,093 Sq Ft Home
  • Central Vacuum
  • Living Room
  • Bonus Room
  • Views of Woods

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Nearby Water Access
  • Deck
  • Patio
  • Outbuilding

Farming

  • Pasture

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Natural Gas Not Available
  • Water Not Available
  • Well
  • Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 072-1
  • Assessor Parcel Number LYMN-000011-000000-000072-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,388

Year Built

Built in 1974

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 9.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From the intersection of Route 111 and Route 35 head north on 35 towards Goodwins Mills. Huff Road is .5 miles on the left.
  • Above Grade Finished Sq Ft: 2093.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1974
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 9.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2093.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: 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:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Property Information:Garage Spaces: 4.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Sewer:Septic Design Available: Yes
  • Site:PastureField: Yes
  • Water Heater:Tank: Yes
  • Basement:Sump Pump: Yes
  • Vehicle Storage:_four_ Car: Yes
  • Heat Fuel:Pellets: Yes
  • Equipment:Central Vacuum: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Parking Reserved Parking: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other, Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Full, Sump Pump, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: Open Lot, Rolling Slope, Landscaped, Wooded, Pasture, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 396396.0
  • Parcel #: LYMN-000011-000000-000072-000001
  • Zoning: General Purpose

Tax Info

  • Tax Annual Amount: 4388.0
  • Tax Book Number: 15339
  • Tax Lot: 072-1
  • Tax Map Number: 11
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Aug 30, 2024
Sold by
Gorwood Laura E
Bought by
Benedict Mary A and Benedict Hiram M
Seller's Agent
Peg Macdonald
EXP Realty
Buyer's Agent
Peg Macdonald
EXP Realty
List Price
$598,000
Sold Price
$550,000
Premium/Discount to List
-$48,000
-8.03%
Views
62
Current Estimated Value
$525,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,022
Avg. Annual Appreciation
-2.13%
Original Mortgage
$440,000
Outstanding Balance
$437,313
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$103,199
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 Purchase Money Mortgage
Closed $440,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $150,000 Unknown
Previous Owner $32,000 Unknown
Previous Owner $125,000 Unknown
Previous Owner $75,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $550,000 -6.5% $263 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/31/2024 07/31/24 Price Changed $588,000 -1.7% $281 / Sq Ft
06/13/2024 06/13/24 For Sale $598,000 -- $286 / 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 $4,540 $360,000 $84,000 $276,000
2023 $4,388 $360,000 $84,000 $276,000
2022 $4,212 $360,000 $84,000 $276,000
2021 $4,133 $360,000 $84,000 $276,000
2020 $3,333 $310,000 $86,000 $224,000
2019 $3,246 $310,000 $86,000 $224,000
2018 $3,219 $266,000 $71,000 $195,000
2017 $3,054 $244,500 $65,800 $178,700
2015 $3,032 $244,500 $65,800 $178,700
2014 $2,971 $244,500 $65,800 $178,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1593166

Maine Listings

APN: LYMN-000011-000000-000072-000001