$248,000

108 Lakewood Rd Madison, ME 04950

Estimated payment $1,581/month

Total Views 5,351
4 Beds
2 Baths
1,526 Sq Ft
$163 Price per Sq Ft

Highlights

  • Public Beach
  • New Englander Architecture
  • No HOA
  • 6.4 Acre Lot
  • Main Floor Bedroom
  • Subterranean Parking

About This Home

12974 - Income-Generating Duplex on 6.4± Acre - Steps from Shopping & Amenities. First floor unit offers 2 bedrooms, pantry/laundry, kitchen, living room, and full bath. Second floor unit offers 2 bedrooms, kitchen, living room, full bath with laundry. Great investment opportunity. Detached barn great for storage and possibly more income generation. Turnkey! Outstanding visibility and road frontage. Ideal location with a variety of use options, tap into the booming local self-storage market, modular or mobile home, or commercial venture. Close to shopping and amenities in Skowhegan. This property could be converted back to a single-family home.

Listing Agent

Heather Blodgett

Allied Realty Listed on: 06/20/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,536

Lot Details

  • 6.4 Acre Lot
  • Public Beach
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Driveway

Home Design

  • New Englander Architecture
  • Farmhouse Style Home
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,526 Sq Ft Home
  • Living Room
  • Carpet
  • Electric Range
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior Basement Entry
  • Sump Pump

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Additional Features

  • Porch
  • Property is near a golf course
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number MADN-000028-000000-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,536

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.4
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: From Skowhegan on Rte 201 , just after Madison town line on left. Use GPS.
  • Above Grade Finished Sq Ft: 1526.0
  • Architectural Style: Other, Farmhouse, New Englander
  • Garage Yn: Yes
  • Year Built: 999
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 6.4
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1526.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Location:Near Public Beach: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:BrickMortar: Yes
  • Water:Private2: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Vehicle Storage:Storage Above: Yes
  • View:Fields: Yes
  • Site:PastureField: Yes
  • Basement:Sump Pump: Yes
  • Style:New Englander: Yes
  • Vehicle Storage:Under: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Vehicle Storage Basement: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Has Basement: Interior, Brick/Mortar, Full, Sump Pump, Bulkhead
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Pasture/Field, Open, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • View: Fields
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Storage Above, Auto Door Opener, Basement, 1 - 4 Spaces, Paved, Underground

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 278784.0
  • Parcel #: MADN-000028-000000-000005
  • Zoning: None

Tax Info

  • Tax Annual Amount: 2536.0
  • Tax Book Number: 5983
  • Tax Lot: 5
  • Tax Map Number: 28
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,961 $183,900 $46,700 $137,200
2023 $2,662 $159,400 $40,100 $119,300
2022 $3,036 $163,300 $32,100 $131,200
2021 $3,030 $156,000 $30,700 $125,300
2020 $3,188 $150,000 $30,700 $119,300
2019 $3,188 $150,000 $30,700 $119,300
2018 $3,225 $150,000 $30,700 $119,300
2017 $3,225 $150,000 $30,700 $119,300
2016 $3,203 $152,500 $33,200 $119,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $85,000 -54.1% --
06/20/2025 06/20/25 For Sale $185,000 -25.4% $121 / Sq Ft
06/20/2025 06/20/25 For Sale $248,000 -- $163 / Sq Ft
Source: Maine Listings

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Source: Maine Listings

MLS Number: 1627562

Maine Listings

APN: MADN 028-005