Seller's Agent in 2020
Jeffrey Mateja
Keller Williams Realty
(207) 879-9800
1 in this area
823 Total Sales
40 Olive St Madison, ME 04950
Estimated Value: $141,000 - $253,000
3
Beds
2
Baths
1,462
Sq Ft
$133/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Public Beach
- Main Floor Bedroom
- 62 Feet of Waterfront
- Wood Flooring
- Sun or Florida Room
About This Home
As of September 2020Enjoy the serenity of this lovely 3 bedroom 2 bath Cottage overlooking Hayden Brook which leads into Lake Wesserunsett. Great for entertaining with a glassed in porch and large private yard with a fire pit. Spend time lounging by the gurgling stream or canoeing in Lake Wesserunsett. Perfectly located in walking distance of several restaurants, a golf course, and movie theater. Wonderful home to experience everything that Maine has to offer.
Last Buyer's Agent
Adam Sesin
Keller Williams Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $856
Year Built
- Built in 1940
Lot Details
- 13,068 Sq Ft Lot
- Home fronts a stream
- 62 Feet of Waterfront
- Road Access Is Seasonal
- Public Beach
- Street terminates at a dead end
- Rural Setting
- Seasonal Access to Property
- Level Lot
- Open Lot
- Property is zoned Res/Shoreland
Parking
- Gravel Driveway
Property Views
- Water
- Scenic Vista
Home Design
- Cottage
- Wood Frame Construction
- Metal Roof
- Shingle Siding
Interior Spaces
- 1,462 Sq Ft Home
- Built-In Features
- Living Room
- Den
- Sun or Florida Room
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Electric Range
- Stove
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub
Outdoor Features
- Deeded Waterfront Access Rights
- River Nearby
- Enclosed Glass Porch
Location
- Property is near golf course
Utilities
- No Cooling
- Heating System Uses Kerosene
- Heating System Uses Wood
- Baseboard Heating
- Private Water Source
- Well
- Electric Water Heater
- Septic System
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 043
- Assessor Parcel Number MADN-000031-000000-000043
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2020
Closed on
Sep 18, 2020
Sold by
Smith Barbara and Smith Gordon
Bought by
Morales Jose G
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Adam Sesin
Keller Williams Realty
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%
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
$135,000
Avg. Annual Appreciation
23.76%
Original Mortgage
$54,000
Outstanding Balance
$47,264
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$147,736
Purchase Details
Closed on
Apr 2, 2018
Sold by
Madison Town Of
Bought by
Smith Barbara and Smith Gordon
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morales Jose G | -- | None Available | |
| Smith Barbara | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morales Jose G | $54,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/18/2020 09/18/20 | Sold | $60,000 | -14.3% | $41 / Sq Ft |
| 07/26/2020 07/26/20 | Pending | -- | -- | -- |
| 04/15/2020 04/15/20 | For Sale | $70,000 | -- | $48 / 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 |
|---|---|---|---|---|
| 2025 | $1,228 | $85,900 | $24,000 | $61,900 |
| 2024 | $992 | $61,600 | $19,800 | $41,800 |
| 2023 | $888 | $53,200 | $16,800 | $36,400 |
| 2022 | $811 | $43,600 | $13,400 | $30,200 |
| 2021 | $810 | $41,700 | $12,800 | $28,900 |
| 2020 | $856 | $40,300 | $12,800 | $27,500 |
| 2019 | $856 | $40,300 | $12,800 | $27,500 |
| 2018 | $866 | $40,300 | $12,800 | $27,500 |
| 2017 | $866 | $40,300 | $12,800 | $27,500 |
| 2016 | $899 | $42,800 | $15,300 | $27,500 |
| 2015 | $835 | $42,800 | $15,300 | $27,500 |
| 2014 | $835 | $42,800 | $15,300 | $27,500 |
| 2013 | $884 | $50,400 | $15,300 | $35,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Mateja
-
Phillip Mateja
P
Seller Co-Listing Agent in 2020
Phillip Mateja
Keller Williams Realty
(207) 553-2605
-
A
Buyer's Agent in 2020
Adam Sesin
Keller Williams Realty
Map
Source: Maine Listings
MLS Number: 1449535
APN: MADN-000031-000000-000043
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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