See Home Value
Cumberland 04032
40 Lambert Road
$1,631,907*
House - Off Market

40 Lambert Road

Freeport, ME 04032
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,305,000 - $1,595,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Nov 18, 2020
$1,308,000
$1,046,400 by Norway Savings Bank
Mortgage
Sold Jun 22, 2015
$1,062,500
$850,000 by Norway Savings Bank
Mortgage

About This Property

Experience 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.
Unit Size
-
Days on Market
-
Land Size
11.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$12,816
HOA Dues
-
Year Built
1750

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Nov 18, 2020 Sold to John P Ritzo, Sarah M Buck $1,308,000
Sold to John P Ritzo, Sarah M Buck
Sep 29, 2020 In contract -
In contract
Sep 23, 2020 Listed $1,450,000
Listed
Jun 22, 2015 Sold to Farm 1 Llc Gould $1,062,500
Sold to Farm 1 Llc Gould

Property Highlights

Building Info

Overview

    General

  • Year Built: 1750
  • Effective Year Built: 1750
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Historical
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 2,397
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 479,160
  • Total Building Area: 3,440
  • Gross Building Area: 7,672
  • Building Area: 3,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,440
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 11
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RITZO JOHN P
  • Current Owner 2: BUCK SARAH M
  • Previous Owner : WOLD LAWRENCE A
  • Previous Owner 2: WOLD COLETTE
  • Owner Before Previous Owner: GOULD CHARLES S EST

Neighborhood

  • School District Name: Regional School Unit 05
  • School Tax School District: RSU 05
  • Census Tract: 004502

Zoning

  • Zoning: 1100

Geography

  • Account Number: 2985
  • Parcel: FPRT M:25 B:40 L:0 U:0
  • Block: 40
  • Municipality: FREEPORT
  • Latitude: 43.8055
  • Longitude: -70.1439

    Address

  • Full Address: 40 Lambert Rd
  • Address - House Number: 40
  • Address - Street Name: Lambert
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Freeport
  • Carrier Code: R002
  • 4-Digit Zip Code: 6005
  • Zip Code: 04032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,393

    Appraisal Valuation

  • Standard Deviation: 0.1811
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 1,884,193
  • High Value: 2,225,551
  • Low Value: 1,542,835

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,046,400
  • First Open Lien Mortgage Lender: NORWAY SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Nov 18, 2020
  • First Open Lien Mortgage Loan Amount: $1,046,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,127,700
  • Assessed Land Value: $492,900
  • Assessed Improvements Value: $634,800

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Transaction ID: 11802652213
  • Current Sale Price: $1,308,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 75038
  • Previous Sale Recording Date: Jun 22, 2015
  • Previous Sale Amount: $1,062,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: NORWAY SAVINGS BANK
  • First Mortgage Transaction Date: Nov 18, 2020
  • First Mortgage Loan Amount: $1,046,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: NORWAY SAVINGS BANK
  • Previous Mortgage Transaction Date: Jun 22, 2015
  • Previous Mortgage Loan Amount: $850,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cumberland


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Frequently Asked Questions

When was property at 40 Lambert Road built and last sold?
The property at 40 Lambert Road was built in 1750 and last sold on Nov 17, 2020 for $1,308,000.
How much is this home worth?
The estimated value of the home located at 40 Lambert Road is $1,464,500.
What are some comparable homes to 40 Lambert Road?
There are currently no comparable homes to 40 Lambert Road.

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