NOT LISTED FOR SALE

68 Beach Rd Madison, ME 04950

Estimated Value: $296,000 - $600,691

5 Beds
6 Baths
3,654 Sq Ft
$133/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2021

Last sale price $570,000 $156 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,269 / mo

69 Days on Market

Highlights

  • 67 Feet of Waterfront
  • 0.99 Acre Lot
  • Wood Flooring
  • Nearby Water Access
  • Colonial Architecture
  • 3 Fireplaces

About This Home

As of February 2021

Now offered with an additional waterfront parcel included. This unique home was custom designed by renowned architects Desmond & Lord, built for Famous play right John Bard Hymer and local artisan John Oliver constructed the home starting in 1929. Craftsmanship and attention to detail can be found throughout this classic lake front property with beautiful hardwood floors, working fireplaces and private dining. Time seems to stand still as you step back into yesteryear but enjoy today's amenities on Lake Wesserunsett. The main house offers 6 bedrooms, 5 Bathrooms and sunroom overlooking the lake. The property also boasts an adjacent 4 bedroom cabin that sleeps 8. This tranquil lakefront home is just moments from popular restaurants and activities such as the historic Lakewood Theater. A true 4 season sportsman's paradise - sailing, fishing, cross country skiing & snowmobiling with endless views overlooking Lake Wesserunsett.

Last Agent to Sell the Property

John McCarthy

Legacy Properties Sotheby's International Realty Listed on: 08/25/2020

Last Buyer's Agent

John McCarthy

Legacy Properties Sotheby's International Realty Listed on: 08/25/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,151

Year Built

  • Built in 1929

Lot Details

  • 43,124 Sq Ft Lot
  • 67 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Property is zoned Shoreland

Property Views

  • Water
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 3,654 Sq Ft Home
  • 3 Fireplaces
  • Screened Porch

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • Gravel Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number MADN-000031-000000-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,151

Year Built

Built in 1929

Lot Details

0.99 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.99
  • Water Body Name: Lake Wesserunsett
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3654.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1929
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 163.79
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.99
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 3654.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Water Info:Waterfront Amount -: 67.0
  • Water Info:Water Frontage Owned -: 67.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Foundation Materials:Granite2: Yes
  • Basement Entry:Exterior Only: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 3
  • Advertising Remarks:Advertising Remarks: Now offered with an additional waterfront parcel included. This unique home was custom designed by renowned architects Desmond & Lord, built for Famous play right John Bard Hymer and local artisan John Oliver constructed the home starting in 1929. Craftsmanship and attention to detail can be found throughout this classic lake front property with beautiful hardwood floors, working fireplaces and private dining. Time seems to stand still as you step back into yesteryear but enjoy today's amenities on Lake Wesserunsett. The main house offers 6 bedrooms, 5 Bathrooms and sunroom overlooking the lake. The property also boasts an adjacent 4 bedroom cabin that sleeps 8. This tranquil lakefront home is just moments from popular restaurants and activities such as the historic Lakewood Theater. A true 4 season sportsman's paradise - sailing, fishing, cross country skiing & snowmobiling with endless views overlooking Lake Wesserunsett.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Full, Interior Entry, Exterior Only
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplaces: 3
  • Fireplace: Yes
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Town
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Granite
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43124.4
  • Parcel #: MADN-000031-000000-000005
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 5151.0
  • Tax Lot: 005
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Feb 26, 2021
Sold by
Thompson Robert W and Walters Rhonda K
Bought by
Saunders Paula and Saunders Paul
Seller's Agent
John McCarthy
Legacy Properties Sotheby's International Realty
Buyer's Agent
John McCarthy
Legacy Properties Sotheby's International Realty
List Price
$598,500
Sold Price
$570,000
Premium/Discount to List
-$28,500
-4.76%
Current Estimated Value
$485,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,436
Avg. Annual Appreciation
-3.11%
Original Mortgage
$456,000
Outstanding Balance
$403,161
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,403
Source: Public Records
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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
Saunders Paula -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Paula $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $570,000 -4.8% $156 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $598,500 -- $164 / Sq Ft
Source: Maine Listings

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
2025 $8,082 $565,200 $96,700 $468,500
2024 $6,387 $396,700 $79,800 $316,900
2023 $5,731 $343,200 $67,600 $275,600
2022 $5,395 $290,200 $55,200 $235,000
2021 $4,890 $251,800 $52,500 $199,300
2020 $5,151 $242,400 $52,500 $189,900
2019 $5,151 $242,400 $52,500 $189,900
2018 $5,212 $242,400 $52,500 $189,900
2017 $5,212 $242,400 $52,500 $189,900
2016 $5,090 $242,400 $52,500 $189,900
2015 $4,727 $242,400 $52,500 $189,900
2014 $4,727 $242,400 $52,500 $189,900
2013 $4,249 $242,400 $52,500 $189,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1466091

Maine Listings

APN: MADN-000031-000000-000005

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