Closed

$185,000

1 Bean Street, Madison, ME 04950

5beds

2,677sqft

Multi Family

Built in 1900

-- sqft lot

$216,800 Zestimate^®

$69/sqft

$1,366 Estimated rent

Home value

$216,800

$182,000 - $251,000

$1,366/mo

Zestimate^® history

Owner options

List your home for rent

$1,366/mo

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$1,366/mo

Rent Zestimate^®

Refinance and save

$1,231/mo

Est. payment

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$1,231/mo

Est. payment

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What's special

New windows

Sitting on n a corner lot in Madison this 3 unit is fully occupied and ready to be your next investment. It has just undergone a full abatement, new windows, doors, paint. Both Unit 1 and Unit 2 have been repainted and updated. Tenants require 48 hour notice.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard, Forced Air, Hot Water

Cooling

None

Features

Flooring: Wood
Basement: Interior Entry,Dirt Floor

Interior area

Total structure area: 2,677
Total interior livable area: 2,677 sqft
Finished area above ground: 2,677
Finished area below ground: 0

Property

Parking

Parking features: Common, 1 - 4 Spaces

Lot

Size: 7,840 Square Feet
Features: Near Town, Corner Lot

Details

Parcel number: MADNM021L146
Zoning: RESidential

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Other, Asbestos, Fiber Cement, Vinyl Siding
Foundation: Slab
Roof: Metal

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers, Fuses
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

Location

Region: Madison

Financial & listing details

Price per square foot: $69/sqft
Tax assessed value: $126,800
Annual tax amount: $1,832
Date on market: 4/22/2024

Price history

Date	Event	Price
5/23/2024	Sold	$185,000$69/sqft
Source: Maine Listings #1586996 Report a problem
4/25/2024	Pending sale	$185,000$69/sqft
Source: Maine Listings #1586996 Report a problem
4/22/2024	Listed for sale	$185,000+109%$69/sqft
Source: Maine Listings #1586996 Report a problem
4/9/2021	Sold	$88,500-6.8%$33/sqft
Source: Maine Listings #1477729 Report a problem
3/1/2021	Listed for sale	$95,000$35/sqft
Source: Maine Listings #1477729 Report a problem
2/9/2021	Listing removed	--
Source: Maine Listings Report a problem
12/7/2020	Listed for sale	$95,000+90%$35/sqft
Source: Allied Realty #1477729 Report a problem
10/27/2020	Sold	$50,000-27.5%$19/sqft
Source: Maine Listings #1460298 Report a problem
8/17/2020	Price change	$69,000-22.5%$26/sqft
Source: Hearth and Home Realty #1460298 Report a problem
7/14/2020	Listed for sale	$89,000$33/sqft
Source: Hearth and Home Realty #1460298 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,041 +11.4%	$126,800 +15.6%
2023	$1,832 +5.8%	$109,700 +17.8%
2022	$1,731 +0.4%	$93,100 +4.8%
2021	$1,724 -5%	$88,800 +4%
2020	$1,815 +0.9%	$85,400 +0.9%
2019	$1,798 -1.2%	$84,600
2018	$1,819	$84,600
2017	$1,819 +2.4%	$84,600
2016	$1,777 +7.7%	$84,600
2015	$1,650	$84,600
2014	$1,650 +11.3%	$84,600
2013	$1,483 +3.6%	$84,600
2012	$1,431	$84,600
2010	--	$84,600 +1.4%
2009	--	$83,400 +3.3%
2008	--	$80,700 +23.6%
2006	--	$65,300