NOT LISTED FOR SALE

248 E Madrid Rd Phillips, ME 04966

Estimated Value: $522,000 - $573,000

3 Beds
2.5 Baths
2,750 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $485,000 $176 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,295/month

7 Days on Market

Highlights

  • Scenic Views
  • Chalet
  • Wood Flooring
  • 50 Acre Lot
  • Deck
  • Main Floor Bedroom

About This Home

As of July 2024

Nestled in the Western Mountains of Maine, conveniently located to Rangeley, Sugarloaf, Farmington, sits a custom built timber frame home situated on 50 acres with breathtaking panoramic views of 7 different mountain ranges. This property features woods, fields, gardens, meadows, and a brook that borders the property. A walking trail has been cleared along the brook's edge and other trails throughout the property. For outdoor enthusiasts with hobbies such as ATV riding or snowmobiling, this property has direct access to the trails from your property. An abundance of wildlife with regular guests such has Moose, Deer, Turkey that you can view from your house or balconies. Enjoy the native brook trout located in the stream that borders the east side of the property.

The home has 3 Bedrooms with a possible 4th using the loft, also an oversized detached garage with an in-law suite that's plumbed for a bathroom. Entertain in your oversized kitchen with large island, granite counters, custom cabinetry, and newer appliances. Spacious 2 story living room with cathedral beamed ceilings featuring a premium fisher wood stove. Master bedroom with his & her closets, soak in the views in your jacuzzi jetted tub. Laundry on bedroom level. Plenty of closet space throughout the home. Full basement with new hot water tank and boiler system. Home has underground power along with a full house generator hook-up. Full cell phone service and high speed internet at the property.

Easy maintenance and move in ready! Schedule your showing today!

Last Agent to Sell the Property

Patrick Coughlan

Real Broker Listed on: 06/20/2024

Real Broker

Last Buyer's Agent

Joshua Hill

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 2000

Lot Details

  • 50 Acre Lot
  • Home fronts a stream
  • Rural Setting
  • Landscaped

Parking

  • 1 Car Garage
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods
  • Mountain

Home Design

  • Chalet
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,750 Sq Ft Home
  • 1 Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number PHIS-000005R-000000-000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,600

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 50.0
  • Road Surface Type: Paved
  • Water Body Name: Brook boarders property
  • MLS Status: Closed
  • Directions: GPS compatible for apple maps. Google maps takes you slightly passed the driveway.
  • Above Grade Finished Sq Ft: 2750.0
  • Architectural Style: Chalet
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 2000
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 181.78
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 50.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2750.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Kitchen Countertop:Granite: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Family Room:Family Room: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • View:Fields: Yes
  • View:Mountain(s): Yes
  • Loft:Loft: Yes
  • Electric:Underground: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Nestled in the Western Mountains of Maine, conveniently located to Rangeley, Sugarloaf, Farmington, sits a custom built timber frame home situated on 50 acres with breathtaking panoramic views of 7 different mountain ranges. This property features woods, fields, gardens, meadows, and a brook that borders the property. A walking trail has been cleared along the brook's edge and other trails throughout the property. For outdoor enthusiasts with hobbies such as ATV riding or snowmobiling, this property has direct access to the trails from your property. An abundance of wildlife with regular guests such has Moose, Deer, Turkey that you can view from your house or balconies. Enjoy the native brook trout located in the stream that borders the east side of the property. The home has 3 Bedrooms with a possible 4th using the loft, also an oversized detached garage with an in-law suite that's plumbed for a bathroom. Entertain in your oversized kitchen with large island, granite counters, custom cabinetry, and newer appliances. Spacious 2 story living room with cathedral beamed ceilings featuring a premium fisher wood stove. Master bedroom with his & her closets, soak in the views in your jacuzzi jetted tub. Laundry on bedroom level. Plenty of closet space throughout the home. Full basement with new hot water tank and boiler system. Home has underground power along with a full house generator hook-up. Full cell phone service and high speed internet at the property. Easy maintenance and move in ready! Schedule your showing today!
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Landscaped, Rural
  • View: Fields, Mountain(s), Scenic, Trees/Woods
  • Waterfront Features: Brook
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178000.0
  • Parcel #: PHIS-000005R-000000-000018
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 5600.0
  • Tax Lot: 18
  • Tax Year: 2023

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 24, 2024
Sold by
Gerber Lester and Gerber Erin
Bought by
Gaubatz Mark L
Seller's Agent
Patrick Coughlan
Real Broker
Buyer's Agent
Joshua Hill
Keller Williams Realty
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%
Views
6
Current Estimated Value
$530,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,984
Avg. Annual Appreciation
7.27%

Purchase Details

Listed on
May 17, 2023
Closed on
Jul 11, 2023
Sold by
Klozotsky Heidi R and Klozotsky Ryan T
Bought by
Gerber Lester and Gerber Erin
Seller's Agent
Carolyn Smith
Morton & Furbish Agency
Buyer's Agent
Carolyn Smith
Morton & Furbish Agency
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%

Purchase Details

Listed on
Sep 29, 2017
Closed on
Aug 20, 2018
Sold by
Philips Chase T and Philips Quinn
Bought by
Klozotsky Heidi R and Klozotsky Ryan P
Seller's Agent
Janet Peruffo
CSM Real Estate
Buyer's Agent
Lisa Webb-Kalloch
Rizzo Mattson
List Price
$356,000
Sold Price
$299,000
Premium/Discount to List
-$57,000
-16.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$305,428
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Gaubatz Mark L $485,000 None Available
Gaubatz Mark L $485,000 None Available
Gerber Lester $440,000 None Available
Gerber Lester $440,000 None Available
Klozotsky Heidi R -- --
Klozotsky Heidi R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klozotsky Heidi R $305,428
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Sold $485,000 -3.0% $176 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $499,900 +13.6% $182 / Sq Ft
07/13/2023 07/13/23 Sold $440,000 -7.4% $160 / Sq Ft View Prior Sale
06/14/2023 06/14/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $475,000 +58.9% $173 / Sq Ft
08/16/2018 08/16/18 Sold $299,000 -16.0% $109 / Sq Ft View Prior Sale
07/13/2018 07/13/18 Pending -- -- --
09/29/2017 09/29/17 For Sale $356,000 -- $129 / 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 $6,450 $289,231 $30,932 $258,299
2023 $5,600 $291,653 $33,354 $258,299
2022 $5,636 $292,029 $33,730 $258,299
2021 $5,990 $292,181 $33,882 $258,299
2020 $6,422 $293,240 $34,941 $258,299
2019 $6,536 $293,099 $34,800 $258,299
2018 $6,769 $295,599 $37,300 $258,299
2017 $6,401 $294,999 $36,700 $258,299
2016 $6,269 $292,963 $34,664 $258,299
2015 $6,276 $290,540 $32,241 $258,299
2013 $6,035 $290,155 $31,856 $258,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1593545

Maine Listings

APN: PHIS-000005R-000000-000018