$560,000
SOLD MAR 21, 2025

46 Madison Dr Naples, ME 04055

3 Beds
2.5 Baths
2,133 Sq Ft
2.1 Acres

Recently Sold

$263 Per Sq Ft

1% Above List Price

25 Days on Market

Highlights

  • Public Beach
  • 2.1 Acre Lot
  • Deck
  • View of Trees or Woods
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of March 2025

In the world of cookie-cutter houses, you will appreciate this custom-built home located in a Naples neighborhood that exemplifies and protects its value, MADISON HEIGHTS. The price
includes 2 LOTS which offers extra privacy or the opportunity to build another dwelling unit. This home is next to one of the subdivision's ''open spaces'' and across from easement-protected
land, factors which enhance the home's privacy. Underground utilities.
A main floor primary bedroom with a spa-like, ensuite bath and large walk-in closet are sure to make you smile. The living area offers multifunctional spaces to personalize for your unique lifestyle. A powder room and a sunny kitchen/dining room round out the main floor space. The huge deck for outdoor entertainment and the front porch for casual conversation are both accessed from the living area. Hardwood flooring and radiant heating throughout.
Second floor space gives the shared convenience of a Jack-and-Jill bath with a full tub/shower. Four spaces offer a study area, multiple sleeping spaces, and reading nooks; you decide! A full, very dry basement offers ample space and areas to use or finish for work, play, recreation, exercise, or even a movie theatre.
Naples is a small lakefront community offering a public boat launch/beach on famous Long Lake with access to 40 miles of navigable waterway. Kent's Landing includes a picnic area, restrooms, docks, vehicle and trailer parking, recreation area for all ages. Four-season enjoyment. Take advantage of boat marinas, restaurants, shops, a full-service grocery store,
Sebago Lake State Park. Golf and skiing are minutes away.

Last Agent to Sell the Property

April Burnell

EXP Realty Listed on: 02/11/2025

EXP Realty

Last Buyer's Agent

Kathleen Scott

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,359

Year Built

  • Built in 1992

Lot Details

  • 2.1 Acre Lot
  • Public Beach
  • Cul-De-Sac
  • Rural Setting
  • Landscaped
  • Corner Lot
  • Wooded Lot

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Farmhouse Style Home
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,133 Sq Ft Home
  • 1 Fireplace
  • Great Room
  • Family Room
  • Bonus Room
  • Views of Woods

Kitchen

  • Electric Range
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near golf course

Utilities

  • Whole House Fan
  • Zoned Heating
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Underground Utilities
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available

Community Details

  • Madison Heights Subdivision
  • The community has rules related to deed restrictions
  • Near Conservation Area

Listing and Financial Details

  • Tax Lot 007/008
  • Assessor Parcel Number NAPL-000052U-000000-000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,359

Year Built

Built in 1992

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Madison Heights
  • Directions: Rt.302 to Rt 35/Harrison rd. for 2 miles. Madison Heights and Madison road are on the right. property is on the left. sign up on house only, not the second lot.
  • Above Grade Finished Sq Ft: 2133.0
  • Architectural Style: Cape, Farmhouse
  • Garage Yn: Yes
  • Year Built: 1992
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 260.2
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.1
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2133.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 375.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Water Heater:Oil2: Yes
  • Great Room:Great Room: Yes
  • Kitchen Countertop:Quartz: Yes
  • Location:Abuts Conservation: Yes
  • Site:Cul-De-Sac: Yes
  • Basement Entry:Exterior Only: Yes
  • Electric:Underground: Yes
  • Green Features:Whole House Fan: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: In the world of cookie-cutter houses, you will appreciate this custom-built home located in a Naples neighborhood that exemplifies and protects its value, MADISON HEIGHTS. The price includes 2 LOTS which offers extra privacy or the opportunity to build another dwelling unit. This home is next to one of the subdivision's "open spaces" and across from easement-protected land, factors which enhance the home's privacy. Underground utilities. A main floor primary bedroom with a spa-like, ensuite bath and large walk-in closet are sure to make you smile. The living area offers multifunctional spaces to personalize for your unique lifestyle. A powder room and a sunny kitchen/dining room round out the main floor space. The huge deck for outdoor entertainment and the front porch for casual conversation are both accessed from the living area. Hardwood flooring and radiant heating throughout. Second floor space gives the shared convenience of a Jack-and-Jill bath with a full tub/shower. Four spaces offer a study area, multiple sleeping spaces, and reading nooks; you decide! A full, very dry basement offers ample space and areas to use or finish for work, play, recreation, exercise, or even a movie theatre. Naples is a small lakefront community offering a public boat launch/beach on famous Long Lake with access to 40 miles of navigable waterway. Kent's Landing includes a picnic area, restrooms, docks, vehicle and trailer parking, recreation area for all ages. Four-season enjoyment. Take advantage of boat marinas, restaurants, shops, a full-service grocery store, Sebago Lake State Park. Golf and skiing are minutes away.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Other Equipment: Internet Access Available
  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Corner Lot, Cul-De-Sac, Landscaped, Wooded, Abuts Conservation, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Rural, Subdivided
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Gravel, Garage Door Opener

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Radiant, Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 375.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: RSU 61/MSAD 61

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 91476.0
  • Parcel #: NAPL-000052U-000000-000007
  • Zoning: res

Tax Info

  • Tax Annual Amount: 4359.0
  • Tax Lot: 007/008
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Mar 21, 2025
Sold by
Spencer K A K and Spencer Martha E
Bought by
Shorey Andrew A and Shorey Kim
Seller's Agent
April Burnell
EXP Realty
Buyer's Agent
Kathleen Scott
Coldwell Banker Realty
List Price
$555,000
Sold Price
$560,000
Premium/Discount to List
$5,000
0.9%
Views
5
Current Estimated Value
$585,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,266
Avg. Annual Appreciation
5.53%
Original Mortgage
$260,000
Outstanding Balance
$258,222
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$327,044
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $560,000 None Available
Warranty Deed $560,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 Purchase Money Mortgage
Closed $260,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2025 03/21/25 Sold $560,000 +0.9% $263 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $555,000 0.0% $260 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $555,000 -- $260 / 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
2025 $3,856 $414,676 $88,656 $326,020
2024 $3,856 $414,676 $88,656 $326,020
2023 $3,794 $414,676 $88,656 $326,020
2022 $3,421 $414,676 $88,656 $326,020
2021 $3,708 $277,736 $65,194 $212,542
2020 $2,517 $277,736 $65,194 $212,542
2019 $2,490 $277,736 $65,194 $212,542
2018 $3,708 $277,736 $65,194 $212,542
2017 $2,306 $277,736 $65,194 $212,542
2016 $3,666 $277,736 $65,194 $212,542
2015 -- $277,736 $65,194 $212,542
2014 -- $277,735 $65,194 $212,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1613156

Maine Listings

APN: NAPL-000052U-000000-000007