$92,100
SOLD JUN 12, 2024

24 Locust St Madison, ME 04950

5 Beds
2 Baths
2,282 Sq Ft
0.25 Acres

Recently Sold

$40 Per Sq Ft

30% Below List Price

50 Days on Market

Highlights

  • Main Floor Bedroom
  • Living Room
  • Baseboard Heating
  • No HOA

About This Home

As of June 2024

Built in 1953, this home offers a total of approximately 2282 finished square feet, two kitchens, five bedrooms and two full baths, unfinished basement and sits on an approximate 10890 sqft lot. This home has an in-law suite with no division of space. Check local MLS for additional remarks regarding disclosures. Refer to the attached RHSS Maine Broker Disclosure Form. Seller is not making any representations regarding current or previously existing known hazardous materials on property. Prospective buyers are encouraged to seek info from
professionals regarding any specific hazardous material issue or concern.

Last Agent to Sell the Property

Sherry Price

RealHome Services and Solutions Inc Brokerage Email: sherry.price@rhss.com Listed on: 04/03/2024

Last Buyer's Agent

Anna Moog

Allied Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,725

Year Built

  • Built in 1953

Lot Details

  • 0.25 Acre Lot

Parking

  • No Driveway

Home Design

  • Slab Foundation
  • Metal Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,282 Sq Ft Home
  • Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Auction
  • REO, home is currently bank or lender owned
  • Tax Lot 73
  • Assessor Parcel Number MADN-000017-000000-000073

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,725

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Head south on Locust St
  • Above Grade Finished Sq Ft: 2282.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1953
  • Attribution Contact: sherry.price@rhss.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: Unknown
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2282.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Driveway:No Driveway: Yes
  • Parking:No Parking: Yes
  • Exterior:Aluminum Siding: Yes
  • Washer/Dryer Other Location: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Listing Conditions Auction: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: 1088

Interior Features

  • Has Basement: Not Applicable, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Other
  • Waterfront: No
  • Construction Type: Vinyl Siding, Aluminum Siding, Other
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Unknown
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: MADN-000017-000000-000073
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1725.0
  • Tax Book Number: 6112
  • Tax Lot: 73
  • Tax Map Number: 017
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Palmatier Michael and Palmatier Selena
Bought by
Palmer Michael and Palmatier Selena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,570
Outstanding Balance
$71,927
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,073

Purchase Details

Closed on
Feb 27, 2024
Sold by
Ge-Wmc Asset Backed 2006- and Bank Of Ny Mellon Tr
Bought by
Ge-Wac Asset-Backed P 200 and Bank Of Ny Tr

Purchase Details

Closed on
May 12, 2006
Sold by
Graf Shelly
Bought by
Leightbody 3Rd James A and Lightbody Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
10%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $72,570 Purchase Money Mortgage
Closed $72,570 Purchase Money Mortgage
Previous Owner $114,000 Commercial
Previous Owner $70,525 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $315,000 -3.1% $135 / Sq Ft
06/06/2025 06/06/25 For Sale $325,000 +252.9% $139 / Sq Ft
06/12/2024 06/12/24 Sold $92,100 -10.8% $40 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/09/2024 05/09/24 Price Changed $103,300 -12.9% $45 / Sq Ft
04/24/2024 04/24/24 Price Changed $118,600 -10.5% $52 / Sq Ft
04/03/2024 04/03/24 For Sale $132,500 -- $58 / 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 $1,977 $122,800 $28,700 $94,100
2023 $1,774 $106,200 $24,300 $81,900
2022 $1,725 $92,800 $19,300 $73,500
2021 $1,721 $88,600 $18,400 $70,200
2020 $1,813 $85,300 $18,400 $66,900
2019 $1,794 $84,400 $18,200 $66,200
2018 $1,815 $84,400 $18,200 $66,200
2017 $1,759 $81,800 $18,200 $63,600
2016 $1,718 $81,800 $18,200 $63,600
2015 $1,595 $81,800 $18,200 $63,600
2014 $1,595 $81,800 $18,200 $63,600
2013 -- $81,800 $18,200 $63,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1585593

Maine Listings

APN: MADN-000017-000000-000073