NOT LISTED FOR SALE

574 Old Kennebunk Rd Lyman, ME 04002

Estimated Value: $562,000 - $952,000

3 Beds
2.5 Baths
2,381 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $650,000 $273 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,747/month

5 Days on Market

Highlights

  • Barn
  • 7.02 Acre Lot
  • Deck
  • View of Trees or Woods
  • Colonial Architecture
  • Wood Flooring

About This Home

As of January 2022

Fall instantly in love with this stunning 3 bed, 2.5 bath true log home situated on over 7 acres of land in Lyman! This property is truly one of a kind with a massive, oversized wrap around farmer's porch overlooking the land. Inside, you will find a sizable 20x20 kitchen with island, soapstone sink imported from England, and 6 burner gas stove and griddle and double oven. Bamboo floors and exposed beams throughout add to the character and charm of this true Maine home. Cozy up on cold winter nights by one of the two stone fireplaces, one gas and one wood fueled. The second story features expansive vaulted ceilings with skylights allowing light to pour into each room. The primary bedroom features an en-suite bathroom with a clawfoot tub and separate shower. Two additional bedrooms and a full bath complete the second floor. This home could be a perfect horse ranch with a 48x72' barn with an additional 24x28' room for workshop or hobbies and additional storage space above. The barn features 5 horse stalls and an overhead door for large equipment. This entire property has been impeccably maintained and is just waiting for a new owner to adore every aspect of it!

Last Agent to Sell the Property

Jeffrey Mateja

Keller Williams Realty Listed on: 12/07/2021

Keller Williams Realty

Co-Listed By

Katherine Azimi

Signature Homes Real Estate Group, LLC

Last Buyer's Agent

Jeffrey Mateja

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,740

Year Built

  • Built in 1999

Lot Details

  • 7.02 Acre Lot
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned Gen/Res

Parking

  • 6 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Metal Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,381 Sq Ft Home
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Home Office
  • Views of Woods

Kitchen

  • Gas Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Private Sewer

Additional Features

  • Deck
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 87-2
  • Assessor Parcel Number LYMN-000003-000000-000087-000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,740

Year Built

Built in 1999

Lot Details

0

Parking

6

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.02
  • Co List Office Mls Id: 2957
  • Co List Office Phone: 207-553-2605
  • MLS Status: Closed
  • Directions: GPS to 574 KENNEBUNK Rd Lyman. (not old Kennebunk rd). Property is near Autumn Ln Lyman. GPS to Old Kennebunk rd will take you to a dirt road and a home that is NOT the property.
  • Above Grade Finished Sq Ft: 2381.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1999
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 7.02
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2381.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 6.0
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Walk-in Closet17: Yes
  • Floors:Laminate: Yes
  • Style:Colonial: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Appliances Included:Gas Range: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Fields: Yes
  • Construction:Log: Yes
  • Other Structures:Barn: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Rural
  • View: Fields, Trees/Woods
  • Waterfront: No
  • Construction Type: Log Siding, Log
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Exterior:Log Siding: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 6.0
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 305791.2
  • Parcel #: LYMN-000003-000000-000087-000002
  • Zoning: Gen/Res

Tax Info

  • Tax Annual Amount: 5740.0
  • Tax Book Number: 8077
  • Tax Lot: 87-2
  • Tax Map Number: 03
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Jan 28, 2022
Sold by
Ingalls Brian A and Ingalls Mary E
Bought by
Harper Maxwell E and Harper Beth A
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$783,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,166
Avg. Annual Appreciation
2.54%
Original Mortgage
$520,000
Outstanding Balance
$486,902
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$224,801
Source: Public Records

Range of Values:

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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
Harper Maxwell E $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harper Maxwell E $520,000
Previous Owner Ingalls Brian A $280,000
Previous Owner Ingalls Mary E $260,607
Previous Owner Ingalls Mary E $268,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $650,000 0.0% $273 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $650,000 -- $273 / 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 $6,154 $488,000 $82,000 $406,000
2023 $5,949 $488,000 $82,000 $406,000
2022 $5,710 $488,000 $82,000 $406,000
2021 $5,740 $500,000 $94,000 $406,000
2020 $4,451 $445,000 $96,000 $349,000
2019 $4,659 $445,000 $96,000 $349,000
2018 $4,465 $389,000 $80,000 $309,000
2017 $4,205 $356,700 $73,700 $283,000
2015 $4,423 $356,700 $73,700 $283,000
2014 $4,334 $356,700 $73,700 $283,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1516147

Maine Listings

APN: LYMN-000003-000000-000087-000002