NOT LISTED FOR SALE

54 Weston Ave Madison, ME 04950

Estimated Value: $279,000

-- Bed
2 Baths
3,984 Sq Ft
$70/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $150,000 $38 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,822/month

29 Days on Market

Highlights

  • Main Floor Bedroom
  • Attic
  • 2 Car Detached Garage
  • Victorian Architecture
  • No HOA
  • Enclosed Glass Porch

About This Home

As of August 2022

Two units, roomy 3 and 4-bedroom apartments in handy, pleasant location in downtown Madison. Paved parking, 20' x 24' double car garage, frontage on Weston Avenue and Middle Street. 1-bedroom basement apartment under construction. First floor apt. leased until August, 2nd floor is owner occupied. 24-hour notice to view.

Last Agent to Sell the Property

Fred Webber

Webber Real Estate Listed on: 06/28/2022

Last Buyer's Agent

Fred Webber

Webber Real Estate Listed on: 06/28/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,494

Year Built

  • Built in 1910

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Victorian Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 3,984 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry

Utilities

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

Additional Features

  • Enclosed Glass Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 147
  • Assessor Parcel Number 54Weston AvenueMadison04950

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $11,000
  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,494

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Rte 201A in Madison, follow to Old Point Rd., continue to Weston Avenue, property is on left.
  • Above Grade Finished Sq Ft: 3984.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 43.17
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3984.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 21000.0
  • Income Expenses Operating Expenses: 11000.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Equipment:Internet Access Available: Yes
  • Foundation Materials:Granite2: Yes
  • Building Info:_pound_ Floors3: 2
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Advertising Remarks:Advertising Remarks: Two units, roomy 3 and 4-bedroom apartments in handy, pleasant location on Weston Avenue in downtown Madison. Paved parking, 20' x 24' double car garage, frontage on Weston Avenue and Middle Street. 1-bedroom basement apt. under construction. First floor apartment leased until August, 2nd floor is owner occupied. 24-hr notice to view.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Full, Doghouse, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, Pantry, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Metal, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Common, On Site, Garage Door Opener, Detached

Utilities

  • Laundry Features: Washer Hookup
  • 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: RSU 59/MSAD 59

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 54Weston AvenueMadison04950
  • Zoning: Res Intown

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21000.0
  • Annual Operating Expense: 11000.0

Tax Info

  • Tax Annual Amount: 3494.0
  • Tax Lot: 147
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2020
Sold by
Madison Town Of
Bought by
D7 Exteriors
Current Estimated Value
$279,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
D7 Exteriors -- None Available
D7 Exteriors -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $150,000 -12.8% $38 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $172,000 -- $43 / 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 $4,365 $271,100 $28,000 $243,100
2023 $3,926 $235,100 $23,700 $211,400
2022 $3,502 $188,400 $18,800 $169,600
2021 $3,494 $179,900 $17,900 $162,000
2020 $3,661 $172,300 $17,900 $154,400
2019 $3,625 $170,600 $17,800 $152,800
2018 $3,668 $170,600 $17,800 $152,800
2017 $3,668 $170,600 $17,800 $152,800
2016 $3,583 $170,600 $17,800 $152,800
2015 $3,327 $170,600 $17,800 $152,800
2014 $3,327 $170,600 $17,800 $152,800
2013 $2,991 $170,600 $17,800 $152,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1534344

Maine Listings

APN: MADN-000021-000000-000147