Seller's Agent in 2020
David Banks
RE/MAX
(207) 773-2345
12 in this area
1,021 Total Sales
40 Lambert Rd Freeport, ME 04032
Estimated Value: $1,243,000 - $2,010,302
4
Beds
2.5
Baths
3,440
Sq Ft
$492/Sq Ft
Est. Value
Highlights
- Scenic Views
- 11 Acre Lot
- Fireplace in Primary Bedroom
- Mast Landing School Rated A
- Cape Cod Architecture
- Deck
About This Home
As of November 2020Experience peace and tranquility in this immaculate 4 bedroom, 2.5 bath farmhouse perched on 11 acres of land in South Freeport. Natural light floods this historic home highlighting wide plank floor boards and charming details. The open lower level features a simply elegant open plan chef's kitchen with stainless steel appliances, cherry floors, custom cabinets, walk-in pantry and a grand island. The kitchen effortlessly flows into the living room hallmarked with floor-to-ceiling bookcases and a great wood burning fireplace awaiting chilly nights. Hallways begging for your best art collection carry you from the first level half bath and separate laundry room throughout the rest of the space. The large first level primary ensuite has magnificent built-ins and long window bench to admire the scenic meadow below, plus a working fireplace in both the bedroom and bath. The multi-room bath offers two walk-in closets, a double-headed glass shower and double vanity. Space is plentiful in this jaw-dropping home with three bedrooms and a full bath completing the second level. Charming annex spaces are paired with two of the upstairs bedrooms, ideal for a studio space or home office. Enjoy the sounds of nature from the sunroom, outdoor deck or raised fire-pit space with the aroma of fruit trees wafting through the crisp air. Set back and secluded from neighbors, enjoy the serenity of this property as you travel a long driveway leading to the two car garage. Escape weather by entering through the garage into a tiled mudroom with a home gym space. Perennial garden beds and herb garden line the home benefiting from great southern exposure. More space is offered with the authentic two-bay tractor garage located below this magnificent historical home. Savor the beauty of Maine's four seasons in this idyllic farmhouse.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,816
Year Built
- Built in 1850
Lot Details
- 11 Acre Lot
- Rural Setting
- Landscaped
- Level Lot
- Open Lot
- Wooded Lot
- Property is zoned RR1
Parking
- 2 Car Direct Access Garage
- Gravel Driveway
Property Views
- Scenic Vista
- Woods
Home Design
- Cape Cod Architecture
- Farmhouse Style Home
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 3,440 Sq Ft Home
- Built-In Features
- Vaulted Ceiling
- Wood Burning Fireplace
- Living Room with Fireplace
- 3 Fireplaces
- Dining Room
- Home Office
- Sun or Florida Room
- Screened Porch
- Attic
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Quartz Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Walk-In Closet
- Bedroom Suite
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Partial Basement
Outdoor Features
- Deck
Utilities
- No Cooling
- Zoned Heating
- Radiator
- Heating System Uses Oil
- Heating System Uses Propane
- Heating System Uses Wood
- Baseboard Heating
- Hot Water Heating System
- Power Generator
- Private Water Source
- Well
- Septic System
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 40
- Assessor Parcel Number 40LambertRoadFreeport04032
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2020
Closed on
Nov 17, 2020
Sold by
Wold Lawrence A and Wold Colette
Bought by
Ritzo John P and Buck Sarah M
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Jed Rathband
Keller Williams Realty
List Price
$1,450,000
Sold Price
$1,450,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,576
Avg. Annual Appreciation
3.09%
Original Mortgage
$1,046,400
Outstanding Balance
$931,147
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$760,429
Purchase Details
Listed on
Jul 25, 2014
Closed on
Jun 22, 2015
Sold by
Gould Charles S Est
Bought by
Gould Farm 1 Llc
Seller's Agent
Jonathan Leahy
Legacy Properties Sotheby's International Realty
Buyer's Agent
Jonathan Leahy
Legacy Properties Sotheby's International Realty
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$850,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ritzo John P | -- | None Available | |
| Gould Farm 1 Llc | -- | -- | |
| Gould Farm 1 Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ritzo John P | $1,046,400 | |
| Previous Owner | Gould Farm 1 Llc | $850,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/17/2020 11/17/20 | Sold | $1,450,000 | 0.0% | $422 / Sq Ft | |
| 09/26/2020 09/26/20 | Pending | -- | -- | -- | |
| 09/22/2020 09/22/20 | For Sale | $1,450,000 | +184.3% | $422 / Sq Ft | |
| 11/20/2015 11/20/15 | Sold | $510,000 | -5.4% | $163 / Sq Ft | View Prior Sale |
| 10/11/2015 10/11/15 | Pending | -- | -- | -- | |
| 08/14/2015 08/14/15 | For Sale | $539,000 | -46.1% | $172 / Sq Ft | |
| 06/15/2015 06/15/15 | Sold | $1,000,000 | -16.7% | $319 / Sq Ft | View Prior Sale |
| 04/09/2015 04/09/15 | Pending | -- | -- | -- | |
| 07/25/2014 07/25/14 | For Sale | $1,200,000 | -- | $383 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $17,747 | $1,329,400 | $600,400 | $729,000 |
| 2023 | $16,258 | $1,182,400 | $545,600 | $636,800 |
| 2022 | $15,393 | $1,127,700 | $492,900 | $634,800 |
| 2021 | $14,843 | $1,111,800 | $492,900 | $618,900 |
| 2020 | $13,217 | $944,100 | $456,400 | $487,700 |
| 2019 | $12,816 | $896,200 | $430,600 | $465,600 |
| 2018 | $12,425 | $825,600 | $395,200 | $430,400 |
| 2017 | $11,691 | $782,000 | $371,000 | $411,000 |
| 2016 | $9,719 | $615,100 | $334,100 | $281,000 |
Source: Public Records
Agents Affiliated with this Home
-
David Banks
-
Jed Rathband
Buyer's Agent in 2020
Jed Rathband
Keller Williams Realty
(207) 553-1319
5 in this area
122 Total Sales
-
Jonathan Leahy
J
Seller's Agent in 2015
Jonathan Leahy
Legacy Properties Sotheby's International Realty
(207) 798-2428
14 Total Sales
Map
Source: Maine Listings
MLS Number: 1469898
APN: FPRT M:25 B:40 L:0 U:0
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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