NOT LISTED FOR SALE

8 Lakewood Rd Madison, ME 04950

Estimated Value: $160,000 - $233,000

3.28 Acres
$63,414 Price per Acre
142,877 Sq Ft Lot

Last Sold August 24, 2023

Last sale price $51,679

Est. 302% increase in value since last sale

Current estimated payment $1,322/month

360 Days on Market

Highlights

  • 3.28 Acre Lot
  • Property is near a golf course
  • Level Lot
  • No HOA

About This Lot

As of August 2023

Surveyed 3.28 acres of land with power available at the road. There is 200 feet of frontage on Lakewood Road (Route 201 North). High traffic area for your business.

Last Agent to Sell the Property

Van Ames

Whittemore's Real Estate Listed on: 06/28/2023

Last Buyer's Agent

Christopher Morin

NextHome Experience

Property Details

Property Type

  • Land

Lot Details

  • 3.28 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned Commercial

Parking

  • No Driveway

Location

  • Property is near a golf course

Utilities

  • Natural Gas Not Available
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7-8
  • Assessor Parcel Number M7L7-8lakewoodroadmadison04950

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 3.28
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: This property is located on the easterly side of Route 201 North (Lakewood Road) approximately 0.5 miles south of White School House Road/Route 148.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.28
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Location:Rural: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Mobile Homes Allowed: No
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Shopping, Near Town, Rural
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway, 5 - 10 Spaces

Utilities

  • Electric: Other Electric
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 142876.8
  • Parcel #: M7L7-8lakewoodroadmadison04950
  • Zoning: Commercial

Tax Info

  • Tax Annual Amount: 1428.0
  • Tax Book Number: 5896
  • Tax Lot: 7-8
  • Tax Map Number: 4
  • Tax Year: 2021

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $51,679 -12.4% --
07/18/2022 07/18/22 For Sale $59,000 +68.6% --
06/29/2022 06/29/22 Sold $35,000 -40.7% --
06/07/2022 06/07/22 Pending -- -- --
08/19/2021 08/19/21 For Sale $59,000 -- --
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 $2,252 $139,900 $64,600 $75,300
2023 $2,021 $121,000 $55,500 $65,500
2022 $1,785 $96,000 $41,300 $54,700
2021 $1,781 $91,700 $39,500 $52,200
2020 $1,896 $89,200 $39,500 $49,700
2019 $1,896 $89,200 $39,500 $49,700
2018 $1,918 $89,200 $39,500 $49,700
2017 $1,918 $89,200 $39,500 $49,700
2016 $1,924 $91,600 $41,900 $49,700
2015 $1,786 $91,600 $41,900 $49,700
2014 $1,786 $91,600 $41,900 $49,700
2013 $1,606 $91,600 $41,900 $49,700
Source: Public Records

Agents Affiliated with this Home

  • Van Ames

    Seller's Agent in 2023

    Van Ames

    Whittemore's Real Estate

    (207) 474-9097

    27 in this area

    171 Total Sales

    Van Ames
    Section Image

  • C

    Buyer's Agent in 2023

    Christopher Morin

    NextHome Experience

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Map

Source: Maine Listings

MLS Number: 1536734

Maine Listings

APN: MADN-000029-000000-000009

Maine Somerset County Madison 04950

8 Lakewood Rd, Madison, ME

This home is located at 8 Lakewood Rd, Madison, ME 04950 since 28 June 2023 and is currently estimated at $207,998. 8 Lakewood Rd is a home located in Somerset County with nearby schools including Madison Area Memorial High School, Creative Children's Academy, and Overman Academy.

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