1126 E Madison Rd Madison, ME 04950
Estimated Value: $238,000 - $340,000
3
Beds
3
Baths
1,536
Sq Ft
$201/Sq Ft
Est. Value
About This Home
This home is located at 1126 E Madison Rd, Madison, ME 04950 and is currently estimated at $309,177, approximately $201 per square foot. 1126 E Madison Rd is a home located in Somerset County with nearby schools including Madison Area Memorial High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 26, 2021
Sold by
Bruce Michael A
Bought by
Adams Michael D and Adams Lesley A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$134,389
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,788
Purchase Details
Closed on
Jun 24, 2010
Sold by
Tarr Philip M and Tarr Dorothy
Bought by
Bruce Michael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Interest Rate
4.98%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 12, 2007
Sold by
Deschene Linda and Williams Penny
Bought by
Tarr Philip M and Tarr Dorothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
7%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adams Michael D | -- | None Available | |
| Bruce Michael A | -- | -- | |
| Tarr Philip M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Adams Michael D | $150,000 | |
| Previous Owner | Bruce Michael A | $122,735 | |
| Previous Owner | Tarr Philip M | $118,800 |
Source: Public Records
Tax History Compared to Growth
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 | $3,397 | $211,000 | $53,300 | $157,700 |
| 2023 | $3,054 | $182,900 | $45,800 | $137,100 |
| 2022 | $2,805 | $150,900 | $36,700 | $114,200 |
| 2021 | $2,798 | $144,100 | $35,100 | $109,000 |
| 2020 | $2,952 | $138,900 | $35,100 | $103,800 |
| 2019 | $2,952 | $138,900 | $35,100 | $103,800 |
| 2018 | $2,986 | $138,900 | $35,100 | $103,800 |
| 2017 | $2,986 | $138,900 | $35,100 | $103,800 |
| 2016 | $2,974 | $141,600 | $37,800 | $103,800 |
| 2015 | $2,761 | $141,600 | $37,800 | $103,800 |
| 2014 | $2,761 | $141,600 | $37,800 | $103,800 |
| 2013 | $2,482 | $141,600 | $37,800 | $103,800 |
Source: Public Records
Map
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