NOT LISTED FOR SALE

508 Preble Ave Madison, ME 04950

Estimated Value: $258,000 - $340,000

3 Beds
1.5 Baths
1,590 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $135,000 $85 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,911/month

34 Days on Market

Highlights

  • Nearby Water Access
  • Cape Cod Architecture
  • Main Floor Bedroom
  • 1 Acre Lot
  • Deck
  • 1 Fireplace

About This Home

As of December 2018

11643 - Charming 3-bedroom 1.5 bath Cape style home and two-bay garage located a short drive to Skowhegan or downtown Madison. One Bedroom and full bath on main level, 2 bedrooms and half bath located on the second floor. Seller is currently using the first-floor den/living room as an additional bedroom. Beautiful wood burning stone fireplace for additional ambiance. One of the second-floor bedrooms has a Juliet balcony. House sets approximately 100 yards back from the road with apple trees and picturesque yard and deck for entertaining. Move in ready!

Last Agent to Sell the Property

Heather Blodgett

Allied Realty Listed on: 10/09/2018

Last Buyer's Agent

Tori Plaisted

New England Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,217

Year Built

  • Built in 1980

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,590 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 23B
  • Assessor Parcel Number 508PrebleAvenueMadison04950

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,217

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: North on 201 turn left onto Route 148/White School House Road travel approximately 4.6 miles then left onto the Shusta Road. At the end of the Shusta Road turn left property is on the left a short drive up Preble house number 508.
  • Above Grade Finished Sq Ft: 1590.0
  • Architectural Style: Contemporary, Cape
  • Garage Yn: Yes
  • Year Built: 1980
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1590.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: 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:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Basement:Sump Pump: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Sump Pump, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Pantry, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 508PrebleAvenueMadison04950
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 2217.0
  • Tax Book Number: 3095
  • Tax Lot: 23B
  • Tax Map Number: 2
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Dec 17, 2018
Sold by
Kemp Ritchie A and Kemp Kimberly J
Bought by
Holt James A
Seller's Agent
Heather Blodgett
Allied Realty
Buyer's Agent
Tori Plaisted
New England Realty Group LLC
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%
Current Estimated Value
$306,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,094
Avg. Annual Appreciation
12.16%
Original Mortgage
$136,363
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
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
Holt James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt James A $158,730
Closed Holt James A $136,363
Previous Owner Kemp Ritchie A $36,141
Previous Owner Kemp Ritchie A $46,000
Previous Owner Kemp Ritchie A $40,281
Previous Owner Kemp Ritchie A $90,782
Previous Owner Kemp Ritchie $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $135,000 -2.9% $85 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $139,000 -- $87 / 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 $2,962 $184,000 $48,300 $135,700
2023 $2,664 $159,500 $41,500 $118,000
2022 $2,487 $133,800 $33,200 $100,600
2021 $2,480 $127,700 $31,700 $96,000
2020 $2,616 $123,100 $31,700 $91,400
2019 $2,616 $123,100 $31,700 $91,400
2018 $2,647 $123,100 $31,700 $91,400
2017 $2,647 $123,100 $31,700 $91,400
2016 $2,633 $125,400 $34,000 $91,400
2015 $2,445 $125,400 $34,000 $91,400
2014 $2,445 $125,400 $34,000 $91,400
2013 $2,198 $125,400 $34,000 $91,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1373132

Maine Listings

APN: MADN-000002-000000-000023-B000000