NOT LISTED FOR SALE

31 Salmon Rd Madison, ME 04950

Estimated Value: $235,000 - $279,000

3 Beds
2 Baths
1,424 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $235,000 $165 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,504/month

22 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Colonial Architecture
  • Wooded Lot
  • 32 Feet of Waterfront
  • Deck
  • Wood Flooring

About This Home

As of August 2020

This property is the closest thing to a summer resort that helped make Maine destinations famous. Adorable Dutch-Colonial with high grade and quality work throughout. Drilled well, new septic system, new roof & windows, YORK propane furnace, Starmark cabinets, Vermont Castings propane fireplace, Tarkett flooring and so many other quality features. Plenty of room for family and guests with 3 bedrooms and 2 full bathrooms, and over 30 feet of deeded water access just feet away. Wesserunsett is known for its cold and warm water fishery and Lakewood Theatre has hosted shows dating back to 1901. Imagine a place that survived the Great Depression, Prohibition and two World Wars and is still a summer retreat for people from all over the world. The under-utilized waterfront is the perfect place for your dock and boat to fish and explore on this pristine lake of 1404 acres.

Last Agent to Sell the Property

Les Priest

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 06/10/2020

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Deborah Richio

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot
  • 32 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Property is zoned Res Rural

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Metal Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,424 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Nearby Water Access
  • Deep Water Access
  • Deck
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 31salmonrdmadison

Community Details

Overview

  • Informal Association Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,532

Year Built

Built in 1950

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Wesserunsett
  • MLS Status: Closed
  • Subdivision Name: Informal Association
  • Directions: From Augusta - I-95 to Fairfield-Skowhegan exit - take Route 201 through Skowhegan to Madison - Right - At Lakewood Theater take right on Beach St - go to the lake - take left on Salmon - Go almost to the end. NO SIGN ON PROPERTY
  • Above Grade Finished Sq Ft: 1424.0
  • Architectural Style: Contemporary, Colonial
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1424.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 600.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 32.0
  • Water Info:Water Frontage Shared -: 32.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Water Info:Island3: No
  • Laundry Room:Laundry Room: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Shower, Storage
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Wooded, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Metal, Pitched
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 31salmonrdmadison
  • Zoning: Res Rural

Tax Info

  • Tax Annual Amount: 1532.0
  • Tax Lot: 005
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 17, 2020
Sold by
Squires Martha J and Squires Charles S
Bought by
Lister Nicholas L and Hurd Joshua
Seller's Agent
Les Priest
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Deborah Richio
Coldwell Banker Realty
List Price
$239,000
Sold Price
$235,000
Premium/Discount to List
-$4,000
-1.67%
Current Estimated Value
$247,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,657
Avg. Annual Appreciation
1.02%
Original Mortgage
$211,500
Outstanding Balance
$187,266
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$60,391
Source: Public Records

Range of Values:

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Average Value
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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
Lister Nicholas L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lister Nicholas L $211,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2020 08/17/20 Sold $235,000 -1.7% $165 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $239,000 +199.1% $168 / Sq Ft
08/25/2016 08/25/16 Sold $79,900 0.0% $56 / Sq Ft View Prior Sale
07/09/2016 07/09/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $79,900 -- $56 / 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 $1,880 $116,800 $24,300 $92,500
2023 $1,688 $101,100 $20,600 $80,500
2022 $1,498 $80,600 $16,600 $64,000
2021 $1,493 $76,900 $15,800 $61,100
2020 $1,573 $74,000 $15,800 $58,200
2019 $1,532 $72,100 $15,800 $56,300
2018 $1,550 $72,100 $15,800 $56,300
2017 $1,550 $72,100 $15,800 $56,300
2016 $1,514 $72,100 $15,800 $56,300
2015 $1,406 $72,100 $15,800 $56,300
2014 $1,406 $72,100 $15,800 $56,300
2013 $1,264 $72,100 $15,800 $56,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1455649

Maine Listings

APN: MADN-000030-000000-000005