Jeffrey Jolicoeur
EXP Realty
(207) 250-5695
184 Total Sales
1 in Madison
$25,000 Price
557 Preble Ave Madison, ME 04950
Madison Area
4
Beds
2
Baths
2,352
Sq Ft
2
Acre Lot
Highlights
- View of Trees or Woods
- Cape Cod Architecture
- Wood Burning Stove
- 2 Acre Lot
- Deck
- No HOA
About This Home
As of May 2026This classic single-family residence offers 4 bedrooms and 2 full bathrooms, providing ample space and flexible living options. With 2,352 square feet of interior living space, this home presents a solid foundation for customization and value enhancement. Situated on a spacious 2-acre lot, the property offers privacy while remaining conveniently close to town, making it an ideal location for both owner-occupants and investors. A newer metal roof adds durability and long-term value, while multiple heat sources provide efficiency and comfort options throughout the seasons. The home includes a 2-bay garage, perfect for vehicles, storage, or workshop use. While the property needs TLC, it offers tremendous potential for renovation, rental income, or resale. The generous lot size allows room for outdoor living, expansion, or landscaping improvements. With its desirable layout, strong structural features, and excellent location, this property is a great investment opportunity for buyers looking to add value and make it their own.
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Home Details
Home Type
- Single Family
Year Built
- Built in 1960
Lot Details
- 2 Acre Lot
- Level Lot
- Open Lot
Parking
- 2 Car Attached Garage
- Gravel Driveway
Home Design
- Cape Cod Architecture
- Poured Concrete
- Wood Frame Construction
- Pitched Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2,352 Sq Ft Home
- Wood Burning Stove
- Storage
- Laundry on main level
- Vinyl Flooring
- Views of Woods
- Gas Range
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- 2 Full Bathrooms
Basement
- Partial Basement
- Interior Basement Entry
Outdoor Features
- Deck
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Wood
- Pellet Stove burns compressed wood to generate heat
- Baseboard Heating
- Hot Water Heating System
- Private Water Source
- Private Sewer
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 31-A
- Assessor Parcel Number MADN-000002-000000-000031-000003
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Madison, ME
-
Jeffrey Jolicoeur
-
Mariya Doncheva
Mariya Doncheva
Realty of Maine
(207) 300-6105
180 Total Sales
1 in Madison
$209,900 Price
-
Amanda Taylor
Amanda Taylor
Responds QuicklyTaylor Realty, Inc.
(207) 708-8614
92 Total Sales
9 in Madison
$64K - $475K Price Range
-
Christopher Voynik
Christopher Voynik
Listings Direct
(207) 742-1810
132 Total Sales
2 in Madison
$95K - $150K Price Range
-
Kirk Toth
Kirk Toth
Strategic Real Estate Services
(207) 614-7733
106 Total Sales
4 in Madison
$125K - $235K Price Range
-
Kristin Rofe
Kristin Rofe
Dream Home Realty LLC
(207) 515-8417
88 Total Sales
1 in Madison
$259,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/18/2026 05/18/26 | Sold | $118,000 | -21.3% | $50 / Sq Ft | |
| 03/23/2026 03/23/26 | Pending | -- | -- | -- | |
| 03/05/2026 03/05/26 | Price Changed | $150,000 | -6.3% | $64 / Sq Ft | |
| 01/16/2026 01/16/26 | For Sale | $160,000 | +100.0% | $68 / Sq Ft | |
| 09/29/2017 09/29/17 | Sold | $80,000 | -23.7% | $34 / Sq Ft | View Prior Sale |
| 09/09/2017 09/09/17 | Pending | -- | -- | -- | |
| 06/30/2017 06/30/17 | For Sale | $104,900 | -- | $45 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,030 | $281,800 | $57,600 | $224,200 |
| 2024 | $3,272 | $203,200 | $51,500 | $151,700 |
| 2023 | $2,943 | $176,200 | $44,300 | $131,900 |
| 2022 | $2,638 | $141,900 | $35,500 | $106,400 |
| 2021 | $2,631 | $135,500 | $34,000 | $101,500 |
| 2020 | $2,777 | $130,700 | $34,000 | $96,700 |
| 2019 | $2,777 | $130,700 | $34,000 | $96,700 |
| 2018 | $2,810 | $130,700 | $34,000 | $96,700 |
| 2017 | $2,810 | $130,700 | $34,000 | $96,700 |
| 2016 | $2,797 | $133,200 | $36,500 | $96,700 |
| 2015 | $2,597 | $133,200 | $36,500 | $96,700 |
| 2014 | $2,597 | $133,200 | $36,500 | $96,700 |
| 2013 | $2,335 | $133,200 | $36,500 | $96,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jillian Cook
JC
Seller's Agent in 2026
Jillian Cook
Real Broker
(207) 344-3300
19 Total Sales
-
Juanita Bean Smith
JB
Buyer's Agent in 2026
Juanita Bean Smith
Coldwell Banker Sandy River Realty
(207) 592-2200
46 Total Sales
-
Aaron Bolster
Seller's Agent in 2017
Aaron Bolster
Allied Realty
(207) 399-9005
161 Total Sales
Map
Source: Maine Listings
MLS Number: 1649513
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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