$210,000
SOLD AUG 4, 2020

5 Madison Way Camden, ME 04843

3 Beds
1 Bath
980 Sq Ft
0.26 Acres

Recently Sold

$214 Per Sq Ft

7% Below List Price

25 Days on Market

Highlights

  • Nearby Water Access
  • Scenic Views
  • No HOA
  • Camden-Rockport Elementary School Rated A-
  • Ranch Style House
  • Eat-In Kitchen

About This Home

As of July 2023

Good things DO come in small packages. I invite you to take a look at 5 Madison Way. A very efficient, low maintenance layout, with an energy-efficient heating system. The yard is a manageable size with established plantings to enjoy. A full basement with room to expand for a playroom or for hobby space.
Convenient location too! Close to Megunticook Lake for swimming, paddling, and other water sports. Close to seasonal farmer's market to gather local produce and local artisan's crafts. Close to downtown shopping, restaurants, and library.
Great starter home or one-floor living retirement home.
Don't let this one get away, call today!

Last Agent to Sell the Property

Lisa Dresser

Cates Real Estate Listed on: 06/10/2020

Co-Listed By

Tim Dresser

Cates Real Estate

Last Buyer's Agent

Wendy Zwecker

Camden Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 2003

Lot Details

  • 0.26 Acre Lot
  • Landscaped
  • Level Lot
  • Property is zoned VE

Home Design

  • Ranch Style House
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 980 Sq Ft Home
  • Living Room
  • Scenic Vista Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Nearby Water Access
  • City Lot

Community Details

  • No Home Owners Association
  • Megunticook Estates Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 88-6
  • Assessor Parcel Number CAMD-000113-000088-000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,232

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2766
  • Co List Office Phone: 207-701-5600
  • MLS Status: Closed
  • Subdivision Name: Megunticook Estates
  • Directions: Route 105 out of Camden. Turn right onto Mt Battie Street and right onto Madison Way.
  • Above Grade Finished Sq Ft: 980.0
  • Architectural Style: Cottage, Ranch
  • Garage Yn: No
  • Year Built: 2003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.26
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 980.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Water Info:Island3: No
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Intown, Neighborhood, Subdivided
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Five Town CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11325.6
  • Parcel #: CAMD-000113-000088-000006
  • Zoning: VE

Tax Info

  • Tax Annual Amount: 2232.0
  • Tax Book Number: 3209
  • Tax Lot: 88-6
  • Tax Map Number: 113
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jul 28, 2023
Sold by
Patchen Jacob L and Sparhawk Risha A
Bought by
Christie Emily A
Seller's Agent
Wendy Zwecker
Camden Real Estate Company
Buyer's Agent
Bennett Bricker
Camden Real Estate Company
List Price
$295,000
Sold Price
$352,000
Premium/Discount to List
$57,000
19.32%
Current Estimated Value
$391,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,132
Avg. Annual Appreciation
5.44%
Original Mortgage
$200,000
Outstanding Balance
$196,130
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$195,002

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 4, 2020
Sold by
Hirakis Amy L
Bought by
Patchen Jacob L and Sparhawk Risha A
Seller's Agent
Lisa Dresser
Cates Real Estate
Buyer's Agent
Wendy Zwecker
Camden Real Estate Company
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.93%
Original Mortgage
$199,500
Interest Rate
3.1%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $352,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Purchase Money Mortgage
Previous Owner $199,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $352,000 +19.3% $359 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $295,000 +40.5% $301 / Sq Ft
08/04/2020 08/04/20 Sold $210,000 -6.7% $214 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $225,000 -- $230 / 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 $3,497 $333,000 $121,100 $211,900
2023 $3,044 $220,600 $35,100 $185,500
2022 $2,912 $220,600 $35,100 $185,500
2021 $2,183 $142,200 $32,300 $109,900
2020 $2,137 $142,200 $32,300 $109,900
2019 $2,232 $149,700 $32,300 $117,400
2018 $1,914 $128,600 $31,200 $97,400
2017 $1,849 $128,600 $31,200 $97,400
2016 $1,724 $110,600 $26,700 $83,900
2015 $1,673 $110,600 $26,700 $83,900
2014 $1,596 $110,600 $26,700 $83,900
2013 $1,553 $110,600 $26,700 $83,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1455663

Maine Listings

APN: CAMD-000113-000088-000006