NOT LISTED FOR SALE

8 Preble Ave Madison, ME 04950

Estimated Value: $214,000 - $254,000

3 Beds
2 Baths
1,632 Sq Ft
$139/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $74,000 $45 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $1,430/month

702 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Level Lot

About This Home

As of September 2019

Good investment opportunity with two units. One bedroom unit on the first floor, two bedroom unit on the second floor. Laundry area for both units on the first floor with separate entrances. Both have separate heating systems, both have separate parking. Newly updated electrical.

Last Agent to Sell the Property

Abby Willette

Allied Realty Listed on: 02/26/2019

Last Buyer's Agent

Abby Willette

Allied Realty Listed on: 02/26/2019

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Split Foyer
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry
  • Dirt Floor

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 8PrebleAvenueMadison04950

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Skowhegan, at the light in Madison, turn left. .4 miles Preble ave on left, property 250 ft on left. See sign.
  • Above Grade Finished Sq Ft: 1632.0
  • Architectural Style: Split Entry
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 999
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1632.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Style:Split Entry: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Full, Doghouse, Interior Entry
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: 8PrebleAvenueMadison04950
  • Zoning: Res In town

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1955.0
  • Tax Book Number: 3695
  • Tax Lot: 32
  • Tax Map Number: 17
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2019
Closed on
Sep 30, 2019
Sold by
Howes Deborah J and Smith Elizabeth N
Bought by
Willette William J
Seller's Agent
Abby Willette
Allied Realty
Buyer's Agent
Abby Willette
Allied Realty
List Price
$74,900
Sold Price
$74,000
Premium/Discount to List
-$900
-1.2%
Current Estimated Value
$227,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,181
Avg. Annual Appreciation
19.84%
Original Mortgage
$76,442
Outstanding Balance
$67,700
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$148,310

Purchase Details

Closed on
Apr 1, 2008
Sold by
Howes Deborah J and Smith Elizabeth N
Bought by
Fortin Jean E
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Willette William J -- --
Fortin Jean E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willette William J $76,442
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $74,000 -1.2% $45 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
08/29/2017 08/29/17 For Sale $74,900 -- $46 / 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 $2,325 $144,400 $27,600 $116,800
2023 $2,088 $125,000 $23,400 $101,600
2022 $1,904 $102,400 $18,600 $83,800
2021 $1,899 $97,800 $17,700 $80,100
2020 $1,998 $94,000 $17,700 $76,300
2019 $1,978 $93,100 $17,500 $75,600
2018 $2,002 $93,100 $17,500 $75,600
2017 $2,002 $93,100 $17,500 $75,600
2016 $1,955 $93,100 $17,500 $75,600
2015 $1,815 $93,100 $17,500 $75,600
2014 $1,815 $93,100 $17,500 $75,600
2013 -- $93,100 $17,500 $75,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Abby Willette

    Allied Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1323413

Maine Listings

APN: MADN-000017-000000-000032

Maine Somerset County Madison 04950

8 Preble Ave, Madison, ME

This home is located at 8 Preble Ave, Madison, ME 04950 since 26 February 2019 and is currently estimated at $227,181, approximately $139 per square foot. 8 Preble Ave is a home located in Somerset County with nearby schools including Madison Area Memorial High School.

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.

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