N
Seller's Agent in 2022
Nicholas Corrow
Real Broker
(207) 649-4437
2 in this area
122 Total Sales
30 & 32 Weston Ave Madison, ME 04950
Estimated Value: $172,000 - $239,000
Studio
2
Baths
2,334
Sq Ft
$88/Sq Ft
Est. Value
Highlights
- Deck
- 1 Fireplace
- Double Pane Windows
- New Englander Architecture
- No HOA
- Shed
About This Home
As of July 2022Offer deadline of Friday, May 20, 2022 at 5:00PM. Seller will respond to all offers within 24 hours. Magnificently maintained duplex conveniently located close to the Madison downtown. Each unit boasts 3 bedrooms, 1 bathroom and large living quarters (2,334 sqft). This property has been owner-occupied and the pride of ownership shows; since purchase in 2006, each unit has updated flooring, paint, fixtures, and appliances throughout along with a completely new roof (down to the sheathing and includes transferrable warranty) done in 2018, along with various other updates. Owner-occupied living presents the opportunity to have a large portion of your living expenses paid for by the tenant's rent, or this could be a great investment property on its own with both units rented out; another option could be a full renovation back to single family. Natural gas conversion is a possibility at the street on Weston Avenue for fully tenant paid utilities. Madison is conveniently located close to some of the best fishing in Somerset County along with being under an hour to Sugarloaf Mountain, one of Maine's premier skiing locales. VIRTUAL 360 TOUR AVAILABLE ONLINE.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,633
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
Home Design
- Duplex
- New Englander Architecture
- Shingle Roof
Interior Spaces
- 2 Full Bathrooms
- 2,334 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Double Pane Windows
- Interior Basement Entry
- Stove
Flooring
- Carpet
- Laminate
- Vinyl
Outdoor Features
- Deck
- Shed
Utilities
- No Cooling
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Generator Hookup
Listing and Financial Details
- Tax Lot 153
- Assessor Parcel Number MADN-000019-000000-000153
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $3,891
- Gross Income $9,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2022
Closed on
Jul 11, 2022
Sold by
Matherson Richard E
Bought by
Michaud Rentals Llc
Seller's Agent
Nicholas Corrow
Real Broker
Buyer's Agent
Aaron Bolster
Allied Realty
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,246
Avg. Annual Appreciation
4.32%
Original Mortgage
$140,000
Outstanding Balance
$132,412
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$71,834
Purchase Details
Closed on
Jan 12, 2006
Sold by
Martin Kenneth G and Martin Debra L
Bought by
Matherson Richard E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michaud Rentals Llc | $175,000 | None Available | |
| Matherson Richard E | -- | -- | |
| Matherson Richard E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Michaud Rentals Llc | $140,000 | |
| Previous Owner | Matherson Richard E | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2022 07/11/22 | Sold | $175,000 | 0.0% | $75 / Sq Ft |
| 05/22/2022 05/22/22 | Pending | -- | -- | -- |
| 05/11/2022 05/11/22 | For Sale | $175,000 | -- | $75 / Sq Ft |
Source: Maine Listings
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 | $2,066 | $128,300 | $25,200 | $103,100 |
| 2023 | $1,854 | $111,000 | $21,300 | $89,700 |
| 2022 | $1,638 | $88,100 | $16,800 | $71,300 |
| 2021 | $1,633 | $84,100 | $16,000 | $68,100 |
| 2020 | $1,719 | $80,900 | $16,000 | $64,900 |
| 2019 | $1,702 | $80,100 | $15,900 | $64,200 |
| 2018 | $1,722 | $80,100 | $15,900 | $64,200 |
| 2017 | $1,722 | $80,100 | $15,900 | $64,200 |
| 2016 | $1,682 | $80,100 | $15,900 | $64,200 |
| 2015 | $1,562 | $80,100 | $15,900 | $64,200 |
| 2014 | $1,562 | $80,100 | $15,900 | $64,200 |
| 2013 | $1,404 | $80,100 | $15,900 | $64,200 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Corrow
-
Aaron Bolster
Buyer's Agent in 2022
Aaron Bolster
Allied Realty
(207) 399-9005
18 in this area
172 Total Sales
Map
Source: Maine Listings
MLS Number: 1527887
APN: MADN-000019-000000-000153
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