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  • $265,000

    16 Old Ryefield Road, Lebanon, ME 04027

    2beds
    1,500sqft
    Single Family Residence
    Built in 1900
    2 Acres Lot
    $338,800 Zestimate®
    $177/sqft
    $2,345 Estimated rent

    Home value

    $338,800

    $308,000 - $373,000

    $2,345/mo

    Zestimate® history
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    $1,312/mo

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    What's special

    Unlock Instant Equity with This Charming Farmhouse! Discover the best of both worlds in this delightful property nestled on two picturesque acres of land. This farmhouse offers a unique blend of country living and modern comforts, with the opportunity to enhance its outdoor appeal. Boasting two bedrooms and one bathroom, this home provides ample space for comfortable living in a serene countryside setting. As you enter, you'll be greeted by a warm and inviting atmosphere, starting with a spacious mudroom off the garage and kitchen. The farmhouse features a light-drenched sunroom, perfect for savoring your morning coffee and soaking in natural light. A formal dining space between the kitchen and living room offers a convenient first-floor layout. At the top of the 'good morning' staircase, you'll find two bedrooms positioned across from each other. The property also includes a bonus room, which can be adapted as a home office, den, or even an additional bedroom, depending on your needs. Recent updates include a newer roof, furnace, hot water heater, and well pump, ensuring that essential components of the home are in great condition. While the interior is move-in ready, the exterior offers an exciting opportunity for improvement, paving the way for instant equity. With some attention to the siding and outdoor aesthetics, you can transform the property's curb appeal to match your vision and style, adding substantial value to your investment. Imagine the possibilities for landscaping and exterior design to make this farmhouse truly shine. Conveniently located just minutes away from Route 16, your daily commute becomes a breeze, granting you easy access to neighboring areas. This home may not be eligible for FHA or VA loans, but it presents a fantastic opportunity for conventional financing. Situated on a generous flat yard, the property provides ample outdoor space for recreation, gardening, or simply enjoying the tranquility of the countryside.

    Zillow last checked: 8 hours ago

    Listing updated: September 11, 2024 at 07:45pm

    Listed by:

    Keller Williams Coastal and Lakes & Mountains Realty

    Bought with:

    Keller Williams Coastal and Lakes & Mountains Realty

    Source: Maine Listings,MLS#: 1574092MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Level: Second
    Bedroom 2
    • Level: Second
    Kitchen
    • Level: First
    Living room
    • Level: First
    Mud room
    • Level: First
    Office
    • Level: First
    Sunroom
    • Level: First
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Bathtub
    • Flooring: Laminate, Wood
    • Basement: Interior Entry,Dirt Floor,Unfinished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,500
    • Total interior livable area: 1,500 sqft
    • Finished area above ground: 1,500
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Gravel, Paved, 5 - 10 Spaces, On Site, Off Street, Garage Door Opener
    • Attached garage spaces: 1
    Lot
    • Size: 2 Acres
    • Features: Near Shopping, Near Turnpike/Interstate, Near Town, Rural, Agricultural, Rolling Slope, Wooded
    Details
    • Parcel number: LBNNMU02L013
    • Zoning: Agri

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Asbestos, Wood Siding
    • Foundation: Stone
    • Roof: Metal,Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer
    • Water: Private

    Community & neighborhood

    Location
    • Region: Lebanon

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/23/2023Pending sale$270,000+1.9%$180/sqft
    Source: Maine Listings #1574092
    11/21/2023Sold$265,000-1.9%$177/sqft
    Source: Maine Listings #1574092
    11/1/2023Contingent$270,000$180/sqft
    Source: Maine Listings #1574092
    10/15/2023Price change$270,000-5.3%$180/sqft
    Source: Maine Listings #1574092
    10/5/2023Listed for sale$285,000-38%$190/sqft
    Source: Maine Listings #1574092

    Public tax history

    YearProperty taxesTax assessment
    2024$3,064 -9.3%$322,535 -12.1%
    2023$3,377 +14.6%$367,115 +91.2%
    2022$2,947 +1.7%$192,000

    Find assessor info on the county website

    Neighborhood: 04027

    Nearby schools

    GreatSchools rating
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