NOT LISTED FOR SALE

1034 E Madison Rd Madison, ME 04950

Estimated Value: $178,651 - $368,000

4 Beds
2 Baths
2,464 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $87,500 $36 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $1,789/month

54 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 2.19 Acre Lot
  • 1 Fireplace
  • Lake Front
  • Farmhouse Style Home
  • No HOA

About This Home

As of May 2021

This oversized farmhouse property has 4 bedrooms and 2.5 bathrooms. A nice water view, grass lawn, off-street parking and detached garage. Water access included in deed with no association fees! It has also a cozy traditional fireplace and a newer roof. House is ideal for in-law potential.

Last Agent to Sell the Property

DANIEL DEMERS

Sell Your Home Services Brokerage Phone: 888-219-3009 Listed on: 03/16/2021

Last Buyer's Agent

NON-MREIS AGENT

Non MREIS Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 2.19 Acre Lot
  • Lake Front
  • Property is zoned RU

Parking

  • 2 Car Garage

Home Design

  • Farmhouse Style Home
  • Metal Roof

Interior Spaces

  • 2,464 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Interior Basement Entry
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deeded Waterfront Access Rights

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Private Water Source
  • Oil Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number MADN-000040-000000-000013

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.19
  • Road Surface Type: Paved
  • Water Body Name: Lake Wesserunsett
  • MLS Status: Closed
  • Directions: Off Madison Ave to 1034 E Madison Rd
  • Above Grade Finished Sq Ft: 2464.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Year Built: 1900
  • Attribution Contact: 888-219-3009
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: Unknown
  • Property Information:Lot Size Acres -: 2.19
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2464.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Roof:Metal: Yes
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water Heater:Oil2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Other, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Lot Features: Right of Way, Neighborhood
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Other
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Other

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard, Hot Air
  • Heating Yn: Yes
  • Electric: Unknown
  • Sewer: Septic Existing on Site
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 95396.4
  • Parcel #: MADN-000040-000000-000013
  • Zoning: RU

Tax Info

  • Tax Annual Amount: 2352.0
  • Tax Book Number: 4991
  • Tax Lot: 201
  • Tax Map Number: 40
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 13, 2021
Sold by
Kelly Michael and Kelly Christopher
Bought by
Mai Jacky
Seller's Agent
DANIEL DEMERS
Sell Your Home Services
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$104,994
Sold Price
$87,500
Premium/Discount to List
-$17,494
-16.66%
Current Estimated Value
$283,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,350
Avg. Annual Appreciation
32.14%

Purchase Details

Listed on
Jul 28, 2018
Closed on
Oct 15, 2018
Sold by
Atlantica Llc
Bought by
Kelly Michael and Kelly Christopher
Seller's Agent
Christina Nelson
Carrabassett Real Estate & Property Management
Buyer's Agent
Kim Kearing
CSM Real Estate
List Price
$39,900
Sold Price
$38,703
Premium/Discount to List
-$1,197
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.69%

Purchase Details

Closed on
Jun 12, 2017
Sold by
Trifera Llc
Bought by
Trifera Llc

Purchase Details

Closed on
Sep 19, 2008
Sold by
Beckwith David and Demchak Barbara
Bought by
Hale David and Hale Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,195
Interest Rate
6.54%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
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
Mai Jacky -- None Available
Kelly Michael $38,750 --
Atlantica Llc -- --
Trifera Llc -- --
Hale David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Michael P $60,000
Previous Owner Hale David $101,195
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $87,500 -16.7% $36 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $104,994 +171.3% $43 / Sq Ft
10/15/2018 10/15/18 Sold $38,703 -3.0% $16 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $39,900 -- $16 / 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 $2,822 $175,300 $52,000 $123,300
2023 $2,537 $151,900 $44,700 $107,200
2022 $2,227 $119,800 $35,800 $84,000
2021 $2,224 $114,500 $34,300 $80,200
2020 $2,352 $110,700 $34,300 $76,400
2019 $2,352 $110,700 $34,300 $76,400
2018 $2,380 $110,700 $34,300 $76,400
2017 $2,380 $110,700 $34,300 $76,400
2016 $2,377 $113,200 $36,800 $76,400
2015 $2,207 $113,200 $36,800 $76,400
2014 $2,207 $113,200 $36,800 $76,400
2013 $1,984 $113,200 $36,800 $76,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    DANIEL DEMERS

    Sell Your Home Services

    (877) 893-6566

    1 in this area

    4,438 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    NON-MREIS AGENT

    Non MREIS Agency

  • C

    Seller's Agent in 2018

    Christina Nelson

    Carrabassett Real Estate & Property Management

  • K

    Buyer's Agent in 2018

    Kim Kearing

    CSM Real Estate

    (207) 491-9703

    78 Total Sales

    Section Image
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Map

Source: Maine Listings

MLS Number: 1484499

Maine Listings

APN: MADN-000040-000000-000013

Maine Somerset County Madison 04950

1034 E Madison Rd, Madison, ME

This home is located at 1034 E Madison Rd, Madison, ME 04950 since 16 March 2021 and is currently estimated at $283,663, approximately $115 per square foot. This property was built in 1900. 1034 E Madison Rd is a home located in Somerset County with nearby schools including Madison Area Memorial High School.

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