NOT LISTED FOR SALE

4 Olive St Madison, ME 04950

Estimated Value: $124,000 - $205,000

2 Beds
1 Bath
1,192 Sq Ft
$127/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $45,000 $38 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $925/month

208 Days on Market

Highlights

  • Public Beach
  • Corner Lot
  • Subterranean Parking
  • Wood Flooring
  • Camp Architecture
  • Porch

About This Home

As of April 2019

Built in 1900, a unique cottage historically part of the Lakewood Theater colony on the shores of Lake Wesserunsett, full of original rustic charm inside and out! Legend has it, it was once an after-hours get away for many celebrities at Lakewood Theater. Sitting on a hillside, a glassed in porch and 2 raised bedrooms give a view of the theater and lake. Morning sun streams in the porch to greet the day, and sunsets shimmer over the lake. Enjoy the gripping call of the loons. An attached dance hall features the close-fitted birch dance floor with a private stable below. Enjoy the well-landscaped fenced in courtyard, with a cozy garage below the building. An antique stove and other appliances convey. A beautiful natural river-washed stone wall greets you at the front walk. Enjoy your vacation home in Maine!

Last Agent to Sell the Property

Jim LeClair

Whittemore's Real Estate Listed on: 09/18/2018

Last Buyer's Agent

Amanda Taylor

Coldwell Banker Plourde Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Dirt Road
  • Public Beach
  • Seasonal Access to Property
  • Landscaped
  • Corner Lot
  • Open Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Camp Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,192 Sq Ft Home
  • Multi-Level Property

Kitchen

  • Electric Range
  • Stove
  • Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Subterranean Parking
  • Gravel Driveway

Utilities

  • No Cooling
  • Pellet Stove burns compressed wood to generate heat
  • Natural Gas Not Available
  • Seasonal Water
  • Electric Water Heater
  • Septic System
  • Private Sewer

Additional Features

  • Porch
  • Property is near a golf course

Community Details

  • Community Storage Space

Listing and Financial Details

  • Tax Lot 16/17
  • Assessor Parcel Number MADN-000031-000000-000016-000017

Home Details

Home Type

Single Family

Est. Annual Taxes

$968

Year Built

Built in 1900

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Road Surface Type: Gravel, Paved
  • MLS Status: Closed
  • Directions: Route 201 North from Skowhegan. Just before Lakewood Golf Course, turn right onto Hayden St. Property is on the left at the corner of Hayden and Olive streets.
  • Above Grade Finished Sq Ft: 1192.0
  • Architectural Style: Camp, Multi-Level, Other Style
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.27
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1192.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 100.0
  • Location Information:Fee Frequency Paid: Annually
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Roads:GravelDirt: Yes
  • Driveway:Gravel: Yes
  • Style:Camp: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Seasonal4: Yes
  • Heat Fuel:Pellets: Yes
  • Basement Entry:Exterior Only: Yes
  • Vehicle Storage:Under: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Dirt Floor, Partial, Exterior Only, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Corner Lot, Open Lot, Landscaped, Near Golf Course, Near Public Beach
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Underground

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Seasonal

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11761.2
  • Parcel #: MADN-000031-000000-000016-000017
  • Zoning: residential

Tax Info

  • Tax Annual Amount: 968.0
  • Tax Book Number: 4989
  • Tax Lot: 16/17
  • Tax Map Number: 31
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2018
Closed on
Apr 23, 2019
Sold by
Pierce Eric W
Bought by
Sutton Dawn E and Sutton Jason H
Seller's Agent
Jim LeClair
Whittemore's Real Estate
Buyer's Agent
Amanda Taylor
Coldwell Banker Plourde Real Estate
List Price
$52,000
Sold Price
$45,000
Premium/Discount to List
-$7,000
-13.46%
Current Estimated Value
$151,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,975
Avg. Annual Appreciation
16.61%

Purchase Details

Closed on
Aug 26, 2005
Sold by
Magoon Dorothy L
Bought by
Jordan Sylvia J and Magoon Louise A
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
Sutton Dawn E -- --
Sutton Dawn E -- --
Jordan Sylvia J -- --
Jordan Sylvia J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Sold $45,000 -13.5% $38 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
09/18/2018 09/18/18 For Sale $52,000 +49.0% $44 / Sq Ft
12/28/2015 12/28/15 Sold $34,900 0.0% $29 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $34,900 -- $29 / 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 $1,093 $67,900 $31,200 $36,700
2023 $975 $58,400 $26,500 $31,900
2022 $902 $48,500 $20,900 $27,600
2021 $897 $46,200 $19,900 $26,300
2020 $956 $45,000 $19,900 $25,100
2019 $956 $45,000 $19,900 $25,100
2018 $968 $45,000 $19,900 $25,100
2017 $968 $45,000 $19,900 $25,100
2016 $1,016 $48,400 $23,300 $25,100
2015 $944 $48,400 $23,300 $25,100
2014 $944 $48,400 $23,300 $25,100
2013 -- $48,400 $23,300 $25,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1369748

Maine Listings

APN: MADN-000031-000000-000016-000017