NOT LISTED FOR SALE

986 Lakewood Rd Madison, ME 04950

Estimated Value: $175,278 - $237,000

2 Beds
1 Bath
784 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 07, 2018

Last sale price $98,000 $125 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,237/month

213 Days on Market

Highlights

  • 60.32 Acre Lot
  • Furnished
  • Cottage
  • Main Floor Bedroom
  • No HOA
  • Porch

About This Home

As of June 2018

11348 - Hunters take notice, this is a hunters paradise. Nice camp with oversized out building and sale includes a John Deer Tractor. This property comes fully equipped just bring your toothbrush and have fun. It will also make a great get away for snowmobilers. Come take a look.

Last Agent to Sell the Property

Monika Elkins

Allied Realty Listed on: 09/14/2017

Last Buyer's Agent

Monika Elkins

Allied Realty Listed on: 09/14/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,327

Year Built

  • Built in 2008

Lot Details

  • 60.32 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Camp Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 784 Sq Ft Home
  • Furnished
  • Living Room
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 57-1
  • Assessor Parcel Number 986lakewoodroadmadison04950

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,327

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 60.32
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Property on the left side on Route 201 North.
  • Above Grade Finished Sq Ft: 784.0
  • Architectural Style: Camp, Cottage
  • Year Built: 2008
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 60.32
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 784.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Style:Camp: Yes
  • Property Information:Bank Owned REO: No
  • Amenities:Furniture Included: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Other, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Furniture Included, 1st Floor Bedroom
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2627539.2
  • Parcel #: 986lakewoodroadmadison04950
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1327.0
  • Tax Book Number: 3864
  • Tax Lot: 57-1
  • Tax Map Number: 10
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2017
Closed on
Jun 8, 2018
Sold by
Kotzamanis Theodosios G and Kotzamanis Angela
Bought by
Atkins Thomas W
Seller's Agent
Monika Elkins
Allied Realty
Buyer's Agent
Monika Elkins
Allied Realty
List Price
$125,000
Sold Price
$98,000
Premium/Discount to List
-$27,000
-21.6%
Current Estimated Value
$204,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,759
Avg. Annual Appreciation
11.69%
Original Mortgage
$78,000
Outstanding Balance
$68,160
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$149,547

Purchase Details

Closed on
Jun 15, 2007
Sold by
House Robert K
Bought by
Kotzamanis Theodosios G and Klotzamanis Angela
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
Atkins Thomas W -- --
Kotzamanis Theodosios G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atkins Thomas W $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2018 06/07/18 Sold $98,000 -21.6% $125 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
09/14/2017 09/14/17 For Sale $125,000 -- $159 / 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 $1,457 $90,500 $46,000 $44,500
2023 $1,323 $79,200 $40,500 $38,700
2022 $1,184 $63,700 $33,200 $30,500
2021 $1,187 $61,100 $31,900 $29,200
2020 $1,290 $60,700 $32,900 $27,800
2019 $1,292 $60,800 $33,000 $27,800
2018 $1,322 $61,500 $33,700 $27,800
2017 $1,327 $61,700 $33,900 $27,800
2016 $1,281 $61,000 $33,200 $27,800
2015 $1,190 $61,000 $33,200 $27,800
2014 $1,190 $61,000 $33,200 $27,800
2013 $1,055 $60,200 $32,400 $27,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Monika Elkins

    Allied Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1326323

Maine Listings

APN: MADN-000010-000000-000057-000001

Maine Somerset County Madison 04950

986 Lakewood Rd, Madison, ME

This home is located at 986 Lakewood Rd, Madison, ME 04950 since 14 September 2017 and is currently estimated at $204,759, approximately $261 per square foot. This property was built in 2008. 986 Lakewood Rd is a home located in Somerset County with nearby schools including Madison Area Memorial High School.

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