NOT LISTED FOR SALE

1279 E Madison Rd Madison, ME 04950

Estimated Value: $283,000 - $444,000

4 Beds
1.5 Baths
1,742 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $125,000 $72 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,056/month

Highlights

  • 2,400 Feet of Waterfront
  • 62 Acre Lot
  • Wooded Lot
  • View of Trees or Woods
  • River Nearby
  • Farmhouse Style Home

About This Home

As of August 2017

This home is located at 1279 E Madison Rd, Madison, ME 04950 since 28 June 2017 and is currently estimated at $336,418, approximately $193 per square foot. 1279 E Madison Rd is a home located in Somerset County with nearby schools including Madison Area Memorial High School.

Last Agent to Sell the Property

Van Ames

Whittemore's Real Estate Listed on: 06/28/2017

Last Buyer's Agent

Van Ames

Whittemore's Real Estate Listed on: 06/28/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,917

Lot Details

  • 62 Acre Lot
  • Home fronts a stream
  • 2,400 Feet of Waterfront
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Shoreland

Home Design

  • Farmhouse Style Home
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,742 Sq Ft Home
  • Views of Woods
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • Subterranean Parking
  • Gravel Driveway

Outdoor Features

  • River Nearby

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number MADN-000011-000000-000039

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,917

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 62.0
  • Road Surface Type: Paved
  • Water Body Name: Wesserunsett
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1742.0
  • Architectural Style: Farmhouse, Other Style
  • Year Built: 999
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 62.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1742.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 2400.0
  • Water Info:Water Frontage Owned -: 2400.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Vehicle Storage:Under: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Has Basement: Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Rural
  • View: Trees/Woods
  • Waterfront Features: Stream
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Underground

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2700720.0
  • Parcel #: MADN-000011-000000-000039
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 2917.0
  • Tax Book Number: 4538
  • Tax Lot: 39
  • Tax Map Number: 33
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2017
Closed on
Aug 3, 2017
Sold by
Bonacum Lynette M and Bonacum Kevin J
Bought by
Bonsignore David
Seller's Agent
Van Ames
Whittemore's Real Estate
Buyer's Agent
Van Ames
Whittemore's Real Estate
List Price
$148,000
Sold Price
$125,000
Premium/Discount to List
-$23,000
-15.54%
Current Estimated Value
$327,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,042
Avg. Annual Appreciation
13.10%
Original Mortgage
$90,000
Outstanding Balance
$75,872
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$260,546

Purchase Details

Listed on
Jun 28, 2017
Closed on
Aug 2, 2017
Sold by
Snowman Michael A and Snowman Helen M
Bought by
Robinson Marci J and Robinson Isaac D
Seller's Agent
Van Ames
Whittemore's Real Estate
Buyer's Agent
Van Ames
Whittemore's Real Estate
List Price
$148,000
Sold Price
$125,000
Premium/Discount to List
-$23,000
-15.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$75,872
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$260,546
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
Bonsignore David -- --
Bonsignore David -- --
Robinson Marci J -- --
Robinson Marci J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Marci J $90,000
Closed Robinson Marci J $90,000
Previous Owner Bonacum Thomas A $34,000
Previous Owner Bonacum Thomas A $29,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $125,000 -15.5% $72 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $148,000 -- $85 / 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 $3,191 $198,200 $64,500 $133,700
2023 $2,804 $167,900 $51,600 $116,300
2022 $2,738 $147,300 $47,600 $99,700
2021 $2,736 $140,900 $45,700 $95,200
2020 $86 $137,100 $46,500 $90,600
2019 $95 $137,000 $46,400 $90,600
2018 $335 $137,600 $47,000 $90,600
2017 $166 $137,800 $47,200 $90,600
2016 $2,917 $138,900 $48,300 $90,600
2015 $2,709 $138,900 $48,300 $90,600
2014 $2,709 $138,900 $48,300 $90,600
2013 $2,426 $138,400 $47,800 $90,600
Source: Public Records

Agents Affiliated with this Home

  • Van Ames

    Seller's Agent in 2017

    Van Ames

    Whittemore's Real Estate

    (207) 474-9097

    27 in this area

    171 Total Sales

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Map

Source: Maine Listings

MLS Number: 1314912

Maine Listings

APN: MADN-000011-000000-000039

Maine Somerset County Madison 04950

1279 E Madison Rd, Madison, ME

This home is located at 1279 E Madison Rd, Madison, ME 04950 since 28 June 2017 and is currently estimated at $336,418, approximately $193 per square foot. 1279 E Madison Rd is a home located in Somerset County with nearby schools including Madison Area Memorial High School.

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