NOT LISTED FOR SALE

56 Maddox Farm Rd W Lyman, ME 04002

Lyman Neighborhood

Estimated Value: $601,109 - $687,000

3 Beds
3 Baths
2,114 Sq Ft
$309/Sq Ft Est. Value

Last Sold August 06, 2024

Last sale price $655,000 $310 Per Sq Ft

Current estimated payment $3,917/month

5 Days on Market

Highlights

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

About This Home

As of August 2024

Nestled on 5.3 private acres, this authentic New England log home seamlessly blends classic coziness with modern comforts. Featuring stainless steel appliances, leathered granite kitchen countertops, 4 heat pumps, and a propane fireplace with a stone hearth, it offers a perfect balance of rustic charm and contemporary living. The main level boasts an open concept kitchen/dining and family room with a cathedral ceiling, complemented by a mudroom featuring a built-in bench and cubbies, a full bath, and a primary bedroom with access to a delightful screened porch and expansive deck surrounded by woods. Upstairs, discover a cozy reading nook and two generously sized bedrooms. The newly finished lower level includes another full bathroom, a kitchenette with refrigerator, microwave, and sink, and a spacious living area ideal for guests, movies, or hobbies. The mechanical room houses a 4-year-old Biasi boiler, a woodstove with a new flue, a water treatment system, and ample storage. A 3-bay garage offers heated space, with an attached lean-to for equipment or recreational items, plus a full workshop on the second floor. Enjoy exceptional privacy just 30 minutes from Portland or Portsmouth, and less than a mile from Kennebunk Pond's public beach. This unique property promises everything you desire in a home and more.

Last Agent to Sell the Property

Julie Grady

Lighthouse Real Estate Group Listed on: 06/20/2024

Last Buyer's Agent

Abigail Chessie

Real Estate 2000 ME/NH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,084

Year Built

  • Built in 1988

Lot Details

  • 5.3 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned General Purpose/Res

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Post and Beam
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Log Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • Multi-Level Property
  • Built-In Features
  • Skylights
  • Gas Fireplace
  • Mud Room
  • Living Room
  • Bonus Room
  • Screened Porch
  • Views of Woods
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Halls are 32 inches wide or more
  • Doors are 32 inches wide or more

Outdoor Features

  • Nearby Water Access
  • Balcony
  • Deck
  • Shed

Farming

  • Farm
  • Agricultural

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Programmable Thermostat
  • Generator Hookup
  • Private Water Source
  • Water Heater
  • Septic Design Available
  • Private Sewer
  • Internet Available

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Property is near shops

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Exclusions: Fridge in basement, pellet stove, TVs
  • Tax Lot 031-02B
  • Assessor Parcel Number LYMN-000006-000000-000031-000002B

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,084

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.3
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: GPS friendly
  • Above Grade Finished Sq Ft: 1714.0
  • Architectural Style: Cape, Multi-Level
  • Garage Yn: Yes
  • Efficiency: Programmable Thermostat, LED Light Fixtures
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.3
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1714.0
  • Property Information:SqFt Finished Below Grade: 400.0
  • 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
  • Percent Basement Finished: 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:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 3.0
  • Roads:Private: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Floors:Laminate: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Skylight31: Yes
  • Room Features:Skylight32: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Sewer:Septic Design Available: Yes
  • Vehicle Storage:Storage Above: Yes
  • Accessibilitiy Amenities:_three_2 - 36 Inch Doors: Yes
  • View:Fields: Yes
  • Site:Agriculture: Yes
  • Site:Farm: Yes
  • Construction:Post Beam: Yes
  • Water Heater:Tank: Yes
  • Room Features:Built-Ins30: Yes
  • Electric:Generator Hookup: Yes
  • Vehicle Storage:Heated: Yes
  • Room Features:BalconyDeck17: Yes
  • Vehicle Storage:_three_ Car: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Construction:Log: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Bedroom Amenities 3:Skylight11: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Energy Efficiency:LED Light Fixtures: Yes
  • Mud Room Amenities:Built-Ins17: Yes
  • Bedroom 1 Amenities:BalconyDeck: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Finished, Full, Not Applicable
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 400.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Pantry, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Farm, Agriculture, Open Lot, Rolling Slope, Landscaped, Wooded, Near Public Beach, Near Shopping, Near Town, Neighborhood, Rural, Shopping Mall, Subdivided
  • View: Fields, Trees/Woods
  • Waterfront: No
  • Exclusions: Fridge in basement, pellet stove, TVs
  • Construction Type: Wood Siding, Log Siding, Post & Beam, Log, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Shingle
  • Exterior:Log Siding: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Garage Door Opener, Detached, Heated Garage, Off Street, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Stove, Multi-Zones, Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 57/MSAD 57

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 230868.0
  • Parcel #: LYMN-000006-000000-000031-000002B
  • Zoning: General Purpose/Res

Tax Info

  • Tax Annual Amount: 4084.0
  • Tax Book Number: 19087
  • Tax Lot: 031-02B
  • Tax Map Number: 006
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 6, 2024
Sold by
Butler Michael W and Butler Heidi L
Bought by
Jette James and Jette Jennifer S
Seller's Agent
Julie Grady
Lighthouse Real Estate Group
Buyer's Agent
Abigail Chessie
Real Estate 2000 ME/NH
List Price
$599,000
Sold Price
$655,000
Premium/Discount to List
$56,000
9.35%
Views
39
Current Estimated Value
$654,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$723
Avg. Annual Appreciation
-2.91%
Original Mortgage
$315,000
Outstanding Balance
$312,834
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$322,568

Purchase Details

Closed on
Dec 17, 2008
Sold by
Ouellette Henry A and Ouellette Brenda L
Bought by
Graham Robert G and Graham Lucy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
6.27%
Mortgage Type
Commercial
Source: Public Records

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 Buyer Sale Price Title Company
Jette James -- None Available
Jette James -- None Available
Graham Robert G -- --
Graham Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jette James $315,000
Closed Jette James $315,000
Previous Owner Butler Heidi $399,000
Previous Owner Graham Robert G $293,000
Previous Owner Ouellette Henry A $215,000
Previous Owner Ouellette Brenda L $125,000
Previous Owner Ouellette Brenda L $138,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2024 08/06/24 Sold $655,000 +9.3% $310 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $599,000 -- $283 / 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 $4,224 $335,000 $79,000 $256,000
2023 $4,084 $335,000 $79,000 $256,000
2022 $3,920 $335,000 $79,000 $256,000
2021 $3,846 $335,000 $79,000 $256,000
2020 $3,956 $368,000 $77,000 $291,000
2019 $3,853 $368,000 $77,000 $291,000
2018 $3,836 $317,000 $64,000 $253,000
2017 $3,319 $291,700 $58,700 $233,000
2015 $3,617 $291,700 $58,700 $233,000
2014 $3,544 $291,700 $58,700 $233,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1594102

Maine Listings

APN: LYMN-000006-000000-000031-000002B