NOT LISTED FOR SALE

7 Park St Madison, ME 04950

Estimated Value: $232,393 - $352,000

6 Beds
2 Baths
2,472 Sq Ft
$119/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $145,000 $59 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,806/month

42 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • Attic
  • Country Club
  • Wood Flooring
  • Bonus Room

About This Home

As of October 2022

This home was once a side by side duplex but is now open to both sides on both floors with a third floor undeveloped. Roomy 6 bedroom with 2 full baths. Classic styling will make those who love the circa 1920 structures will really enjoy. Detached 2 car garage is 24'x32'. Also, the seller is adding one big bonus, one boiler should be replaced so the seller is offering $6,500 at closing (at full price) for a new boiler or other heating system.

Last Agent to Sell the Property

Aaron Bolster

Allied Realty Listed on: 07/26/2022

Last Buyer's Agent

Corey Lee

Real Broker

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Open Lot
  • Property is zoned Local

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Metal Roof
  • Shingle Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,472 Sq Ft Home
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Home Gym
  • Laundry on main level
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Porch

Location

  • Property is near a golf course
  • Suburban Location
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heating System Uses Steam
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number MADN-000020-000000-000012

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,097

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: See attached maps for location
  • Above Grade Finished Sq Ft: 2472.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2472.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Mud Room:Mud Room: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Steam: Yes
  • Bonus Room:Bonus Room: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Heat Fuel:Wood2: Yes
  • Basement:BrickMortar: Yes
  • Driveway:Gravel: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Location:Near Country Club: Yes
  • Heat System:Radiator: Yes
  • Exercise Room:Exercise Room: Yes
  • Foundation Materials:Granite2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Brick/Mortar, Full, Other, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Interior Amenities: Attic, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second
  • Bedroom 5:Bedroom 5 Level: Second
  • Bedroom 6:Bedroom 6 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Golf Course, Near Shopping, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Shingle Siding, Wood Frame
  • Foundation Details: Stone, Granite, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Metal, Other, Pitched
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 59/MSAD 59

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: MADN-000020-000000-000012
  • Zoning: Local

Tax Info

  • Tax Annual Amount: 2097.0
  • Tax Book Number: 4078
  • Tax Lot: 12
  • Tax Map Number: 20
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Oct 3, 2022
Sold by
Trask David V
Bought by
Lynch Jonathan
Seller's Agent
Aaron Bolster
Allied Realty
Buyer's Agent
Corey Lee
Real Broker
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%
Current Estimated Value
$295,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,348
Avg. Annual Appreciation
26.51%
Original Mortgage
$174,480
Outstanding Balance
$168,189
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$121,265

Purchase Details

Closed on
Dec 1, 2008
Sold by
Santiago Barbara S
Bought by
Trask David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,243
Interest Rate
6.47%
Mortgage Type
FHA
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
Lynch Jonathan $145,000 None Available
Trask David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Jonathan $174,480
Previous Owner Trask David V $44,980
Previous Owner Trask David V $83,620
Previous Owner Trask David $95,243
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $145,000 -9.4% $59 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $160,000 -- $65 / 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 $2,521 $156,600 $28,700 $127,900
2023 $2,263 $135,500 $24,300 $111,200
2022 $2,103 $113,100 $19,300 $93,800
2021 $2,097 $108,000 $18,400 $89,600
2020 $2,204 $103,700 $18,400 $85,300
2019 $2,182 $102,700 $18,200 $84,500
2018 $2,208 $102,700 $18,200 $84,500
2017 $2,208 $102,700 $18,200 $84,500
2016 $2,157 $102,700 $18,200 $84,500
2015 $2,003 $102,700 $18,200 $84,500
2014 $2,003 $102,700 $18,200 $84,500
2013 $1,800 $102,700 $18,200 $84,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1533611

Maine Listings

APN: MADN-000020-000000-000012