NOT LISTED FOR SALE

357 E Madison Rd Madison, ME 04950

Estimated Value: $270,000 - $335,000

4 Beds
2 Baths
2,028 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $109,900 $54 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,769/month

6 Days on Market

Highlights

  • Nearby Water Access
  • Cape Cod Architecture
  • No HOA
  • 3.65 Acre Lot
  • Wooded Lot
  • Forced Air Heating System

About This Home

As of May 2019

11701 - Are you looking for a two family home in a country setting? Log home features two 2 bedroom homes, separate electrical and heating systems. Plenty of character, come see whether you want to live in the home and have your tenant pay the expenses or if you need an in-law apartment. Schedule your showing today!

Last Agent to Sell the Property

Aaron Bolster

Allied Realty Listed on: 03/20/2019

Last Buyer's Agent

Matthew Gallacher

Allied Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,365

Year Built

  • Built in 1998

Lot Details

  • 3.65 Acre Lot
  • Rural Setting
  • Level Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Pitched Roof
  • Metal Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,028 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 357EastMadisonRoadMadison04950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,365

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.65
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Travel north on East Madison Road from Gifford's Ice Cream. Property is on the right.
  • Above Grade Finished Sq Ft: 2028.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1998
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 54.19
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.65
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2028.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Basement:Walkout Access: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Bank Owned REO: No
  • Construction:Log: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: 11701 - Are you looking for a two family home in a country setting? Log home features two 2 bedroom homes, separate electrical and heating systems. Plenty of character, come see whether you want to live in the home and have your tenant pay the expenses or if you need an in-law apartment. Schedule your showing today!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Wooded, Rural
  • Waterfront: No
  • Construction Type: Log Siding, Log
  • Foundation Details: Concrete Perimeter
  • Roof: Metal, Pitched
  • Exterior:Log Siding: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 59/MSAD 59

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 158994.0
  • Parcel #: 357EastMadisonRoadMadison04950
  • Zoning: None

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2365.0
  • Tax Lot: 71
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2022
Sold by
Brochu Adrien A Est
Bought by
Redmond Beth and Redmond Mark
Current Estimated Value
$295,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$156,828
Interest Rate
6.61%
Mortgage Type
VA
Estimated Equity
$138,736

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 3, 2019
Sold by
Perkins William R
Bought by
Mckissick Jeffrey A
Seller's Agent
Aaron Bolster
Allied Realty
Buyer's Agent
Matthew Gallacher
Allied Realty
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%
Original Mortgage
$109,900
Interest Rate
4%
Mortgage Type
Undefined Multiple Amounts
Source: Public Records
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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
Redmond Beth -- None Available
Mckissick Jeffrey A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redmond Beth $162,000
Previous Owner Mckissick Jeffrey A $109,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $109,900 0.0% $54 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $109,900 -- $54 / 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 $2,798 $173,800 $65,100 $108,700
2023 $2,512 $150,400 $55,900 $94,500
2022 $2,207 $118,700 $44,600 $74,100
2021 $2,200 $113,300 $42,600 $70,700
2020 $2,338 $110,000 $42,600 $67,400
2019 $2,338 $110,000 $42,600 $67,400
2018 $2,365 $110,000 $42,600 $67,400
2017 $2,365 $110,000 $42,600 $67,400
2016 $2,465 $117,400 $42,600 $74,800
2015 $2,289 $117,400 $42,600 $74,800
2014 $2,289 $117,400 $42,600 $74,800
2013 $2,058 $117,400 $42,600 $74,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1407315

Maine Listings

APN: 004-071