NOT LISTED FOR SALE

50 Drake Rd Madison, ME 04950

Estimated Value: $437,285

4 Beds
1.5 Baths
1,550 Sq Ft
$282/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $305,000 $197 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,795/month

353 Days on Market

Highlights

  • 130 Feet of Waterfront
  • 1 Fireplace
  • No HOA
  • Wood Flooring
  • Great Room
  • Screened Porch

About This Home

As of June 2018

4 bedroom, 2 bath home on gorgeous Lake Wesserunsett. Classic Maine camp features turn of the century fieldstone fireplace, 2 screen porches, raised seam metal roof, and 4 bedroom septic system. Enjoy dazzling sunsets and 130' of sandy bottom frontage including small sandy beach. Two car garage for storage.

Last Agent to Sell the Property

Thomas Ferent

Mr. Lakefront Inc. Listed on: 06/02/2017

Last Buyer's Agent

Paul Clark

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,311

Year Built

  • Built in 1890

Lot Details

  • 0.62 Acre Lot
  • 130 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Level Lot
  • Property is zoned shoreland

Property Views

  • Water
  • Scenic Vista

Home Design

  • Camp Architecture
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Screened Porch

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Detached Garage
  • Gravel Driveway

Outdoor Features

  • Outbuilding

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association
  • No Formal Association Subdivision

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number MADN-000037-000000-000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,311

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Road Surface Type: Gravel
  • Water Body Name: Wesserunsett
  • MLS Status: Closed
  • Subdivision Name: no formal association
  • Directions: From downtown Skowhegan take 201 North and bear right onto East Madison Road for four miles and take left onto Drake Road, 50 Drake Road driveway on left.
  • Above Grade Finished Sq Ft: 1550.0
  • Architectural Style: Camp
  • Garage Yn: Yes
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.62
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1550.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Roof:Metal: Yes
  • Exterior:Clapboard: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 130.0
  • Water Info:Water Frontage Owned -: 130.0
  • Driveway:Gravel: Yes
  • Style:Camp: Yes
  • Sewer:Septic Existing on Site: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Kitchen Amenities:Heat Stove7: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Other Structures: Outbuilding
  • Patio And Porch Features: Screened
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Stove, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Other, Lake Drawn

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27007.2
  • Parcel #: MADN-000037-000000-000003
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 4311.0
  • Tax Book Number: 2322
  • Tax Lot: 003
  • Tax Map Number: 037
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jun 25, 2018
Sold by
Amrein David S and Amrein Carol N
Bought by
Carton Elizabeth A
Seller's Agent
Thomas Ferent
Mr. Lakefront Inc.
Buyer's Agent
Paul Clark
William Raveis Real Estate
List Price
$329,900
Sold Price
$305,000
Premium/Discount to List
-$24,900
-7.55%
Current Estimated Value
$437,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,285
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
Aug 20, 2013
Sold by
Amrein Davis S
Bought by
Amrein David S and Amrein Carol N

Purchase Details

Closed on
May 23, 2006
Sold by
Amrein David S and Amrein Carol N
Bought by
Robinson Nathan C
Source: Public Records

Range of Values:

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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
Carton Elizabeth A -- --
Amrein David S -- --
Robinson Nathan C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Sold $305,000 -7.5% $197 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
06/02/2017 06/02/17 For Sale $329,900 -- $213 / 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 $4,812 $298,900 $239,500 $59,400
2023 $4,342 $260,000 $208,300 $51,700
2022 $4,071 $219,000 $174,000 $45,000
2021 $4,026 $207,300 $164,400 $42,900
2020 $4,363 $205,300 $164,400 $40,900
2019 $4,363 $205,300 $164,400 $40,900
2018 $4,414 $205,300 $164,400 $40,900
2017 $4,414 $205,300 $164,400 $40,900
2016 $4,311 $205,300 $164,400 $40,900
2015 $4,003 $205,300 $164,400 $40,900
2014 $4,003 $205,300 $164,400 $40,900
2013 $3,599 $205,300 $164,400 $40,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1310310

Maine Listings

APN: MADN-000037-000000-000003