NOT LISTED FOR SALE

91 Rhode Island Ave Lyman, ME 04002

Lyman Neighborhood

Estimated Value: $456,000

1.07 Acres
$426,168 Price per Acre
46,609 Sq Ft Lot

Last Sold October 01, 2021

Last sale price $120,000 $375 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $2,892/month

40 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Wooded Lot
  • 50 Feet of Waterfront
  • Public Beach
  • No HOA

About This Lot

As of October 2021

Exciting opportunity to have a rustic camp experience or build your brand new dream home on Bunganut Lake! With 1.07 acres of wooded land, a drilled well with newer well pump and 2 rights of way for lake access, you can start to enjoy all the benefits of lake life. The 16 x 20 bunk house has been enjoyed as a place to rest after a day of playing at the lake and there is a separate shed to store all your toys.

Last Agent to Sell the Property

Grace O'Brien

Gardner Real Estate Group Listed on: 07/07/2021

Last Buyer's Agent

David Greaton

Great American Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,118

Lot Details

  • 1.07 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Public Beach
  • Seasonal Access to Property
  • Interior Lot
  • Wooded Lot

Property Views

  • Water
  • Scenic Vista
  • Woods

Utilities

  • Natural Gas Not Available
  • Well
  • Septic Design Available
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number LYMN-000030-000000-000040

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deeded Waterfront Access Rights
  • Nearby Water Access
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$1,118

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.07
  • Road Surface Type: Gravel
  • Water Body Name: Bunganut Lake
  • MLS Status: Closed
  • Directions: GPS friendly - turn up acorn lane to get to bunk house
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 1.07
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Electric:Circuit Breakers: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Shared -: 50.0
  • Recreational Water:Deeded: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Property Information:Mobile Homes Allowed: No
  • Sewer:None4: Yes
  • Water Info:Island3: No
  • Recreational Water:Dock: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Wooded, Interior Lot, Near Public Beach
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Parking Features: 1 - 4 Spaces, Other

Utilities

  • Electric: Circuit Breakers
  • Sewer: None, Septic Design Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Lot Size Sq Ft: 46609.2
  • Parcel #: LYMN-000030-000000-000040
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 1118.0
  • Tax Book Number: 17787
  • Tax Lot: 40
  • Tax Map Number: 30
  • Tax Year: 2020

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

Mortgage History

Date Status Borrower Loan Amount
Closed Morgan Abigail K $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $120,000 -33.3% $375 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $179,900 +56.4% $562 / Sq Ft
08/24/2018 08/24/18 Sold $115,000 +0.1% $359 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $114,900 -- $359 / 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 $4,880 $387,000 $128,000 $259,000
2023 $1,487 $122,000 $122,000 $0
2022 $1,427 $122,000 $122,000 $0
2021 $1,584 $138,000 $122,000 $16,000
2020 $1,118 $104,000 $88,000 $16,000
2019 $1,089 $104,000 $88,000 $16,000
2018 $968 $80,000 $66,000 $14,000
2017 $907 $72,600 $60,100 $12,500
2015 $900 $72,600 $60,100 $12,500
2014 $882 $72,600 $60,100 $12,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1499642

Maine Listings

APN: LYMN-000030-000000-000040