NOT LISTED FOR SALE

68 Preble Ave Madison, ME 04950

Estimated Value: $226,000 - $279,000

2 Beds
1 Bath
1,175 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $229,000 $195 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,527/month

About This Home

As of August 2023

12689 - Want to enjoy the benefits of being close to town, while still being able to enjoy a quiet peaceful evening listening to the babbling brook? Then this is the one for you! This property will surprise you in the best ways at every turn. The home offers a spacious open concept kitchen and dining area with a large living room, two bedrooms, and one full bathroom. The bathroom connects to one of the bedrooms as well as the main living area for an easy flow layout. The second story offers two additional bedrooms and a family room if desired. Simply install a staircase and instantly add 50% more living area. The second level is currently accessed by a pull down attic ladder, so the space can also be used for storage if home projects aren't what you are looking for. Storage will not be a problem with the over sized one car garage, attached workshop, and additional second level. All this sits on 13.13 acres with plenty of frontage on Jones Brook. A bridge allows access across the brook and is wide enough for ATV to access to the back half of the property. The neighboring lot offers an additional driveway, concrete slab, with a water and sewer line ready to go. There was once a manufactured home on the slab and can again if a rental property is something you desire. Or expand the pad and build something new with water and septic already in place. The possibilities are endless.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 31, 2023
Sold by
Hayde Leslie C and Hayde Scott K
Bought by
Lavallee Courtney J
Seller's Agent
Jessica Parker
Allied Realty
Buyer's Agent
Kyle Halford
NextHome Experience
List Price
$229,000
Sold Price
$229,000
Current Estimated Value
$247,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,842
Avg. Annual Appreciation
6.00%
Original Mortgage
$229,000
Outstanding Balance
$225,080
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$31,476
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Lavallee Courtney J $229,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavallee Courtney J $229,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $229,000 0.0% $195 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $229,000 -- $195 / Sq Ft

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 $2,043 $126,900 $28,500 $98,400
2023 $1,830 $109,600 $24,100 $85,500
2022 $1,699 $91,400 $19,200 $72,200
2021 $1,693 $87,200 $18,300 $68,900
2020 $1,785 $84,000 $18,300 $65,700
2019 $1,766 $83,100 $18,100 $65,000
2018 $1,787 $83,100 $18,100 $65,000
2017 $1,787 $83,100 $18,100 $65,000
2016 $1,745 $83,100 $18,100 $65,000
2015 $1,620 $83,100 $18,100 $65,000
2014 $1,620 $83,100 $18,100 $65,000
2013 $1,457 $83,100 $18,100 $65,000
Source: Public Records

Agents Affiliated with this Home

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