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  • $120,000

    242 Preble Avenue, Madison, ME 04950

    2beds
    980sqft
    Single Family Residence
    Built in 1950
    0.5 Acres Lot
    $128,200 Zestimate®
    $122/sqft
    $1,572 Estimated rent

    Home value

    $128,200

    $122,000 - $135,000

    $1,572/mo

    Zestimate® history
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    What's special

    Sliders leading to porchSome furnishings will remain
    Cozy retreat with workshop, bonus space, and trail access. Looking for an affordable country living, a place to call home? This cozy 2 bedroom, 1 bath property offers a peaceful rural setting with potential. The home features sliders leading to porch, creating a welcoming space to relax and enjoy the outdoors. The garage is now set up as a workshop, making it ideal for hobbies, projects, or additional storage. A foundation beneath the main house includes a bonus room, offering space for storage. Outdoor enthusiasts will appreciate access to nearby recreational trails. Some furnishings will remain, making this property for easy move in. Being sold as-is, come take a look at the possibilities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Allied Realty

    Bought with:

    Allied Realty

    Source: Maine Listings,MLS#: 1673731MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Other
    • Level: Basement
    Heating
    • Direct Vent Heater
    Cooling
    • None
    Appliances
    • Included: Dryer, Microwave, Electric Range, Refrigerator, Washer
    Features
    • 1st Floor Bedroom
    • Flooring: Laminate, Tile
    • Basement: Doghouse,Interior Entry,Partial,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 980
    • Total interior livable area: 980 sqft
    • Finished area above ground: 820
    • Finished area below ground: 160

    Property

    Parking
    • Parking features: Gravel, 1 - 4 Spaces, On Site
    • Has garage: Yes
    Features
    • Patio & porch: Deck
    Lot
    • Size: 0.5 Acres
    • Features: Near Shopping, Near Town, Rural, Corner Lot, Rolling Slope
    Details
    • Parcel number: MADNM001L020
    • Zoning: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Poured Concrete
    • Roof: Metal,Shingle
    Condition
    • Year built: 1950

    Utilities & green energy

    • Electric: On Site, Circuit Breakers
    • Sewer: Private Sewer, Septic Tank
    • Water: Private, Well

    Community & HOA

    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $122/sqft
    • Tax assessed value: $89,400
    • Annual tax amount: $1,685
    • Date on market: 7/28/2026
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/9/2026Sold$120,000-7.6%$122/sqft
    Source: Maine Listings #1673731 Report a problem
    8/6/2026Pending sale$129,900$133/sqft
    Source: Maine Listings #1673731 Report a problem
    7/28/2026Listed for sale$129,900+80.4%$133/sqft
    Source: Maine Listings #1673731 Report a problem
    11/16/2022Sold$72,000+2.9%$73/sqft
    Source: Maine Listings #1543932 Report a problem
    10/14/2022Contingent$70,000$71/sqft
    Source: Maine Listings #1543932 Report a problem
    10/5/2022Listed for sale$70,000$71/sqft
    Source: Maine Listings #1543932 Report a problem
    9/29/2022Contingent$70,000$71/sqft
    Source: Maine Listings #1543932 Report a problem
    9/22/2022Listed for sale$70,000+29.6%$71/sqft
    Source: Maine Listings #1543932 Report a problem
    8/14/2019Sold$54,000-1.8%$55/sqft
    Source: Maine Listings #1410049 Report a problem
    6/3/2019Price change$55,000-3.5%$56/sqft
    Source: Hearth and Home Realty #1410049 Report a problem
    4/12/2019Listed for sale$57,000-0.9%$58/sqft
    Source: Hearth and Home Realty #1410049 Report a problem
    8/29/2018Listing removed$57,500$59/sqft
    Source: Hearth and Home Realty #1346013 Report a problem
    8/22/2018Listed for sale$57,500$59/sqft
    Source: Hearth and Home Realty #1346013 Report a problem
    8/22/2018Pending sale$57,500$59/sqft
    Source: Hearth and Home Realty #1346013 Report a problem
    7/10/2018Listed for sale$57,500+0.9%$59/sqft
    Source: Hearth and Home Realty #1346013 Report a problem
    5/8/2018Listing removed$57,000$58/sqft
    Source: Hearth and Home Realty #1346013 Report a problem
    4/27/2018Price change$57,000-2.6%$58/sqft
    Source: Hearth and Home Realty #1346013 Report a problem
    4/19/2018Listed for sale$58,500+18.2%$60/sqft
    Source: Hearth and Home Realty #1346013 Report a problem
    11/14/2013Listing removed$49,500$51/sqft
    Source: Hearth & Home Realty #1115273 Report a problem
    11/1/2013Listed for sale$49,500-17.5%$51/sqft
    Source: Hearth & Home Realty #1115273 Report a problem
    12/4/2012Listing removed$60,000$61/sqft
    Source: CENTURY 21 Nason Realty, Inc. #1051837 Report a problem
    8/29/2012Price change$60,000-7.7%$61/sqft
    Source: CENTURY 21 Nason Realty, Inc. #1051837 Report a problem
    5/6/2012Listed for sale$65,000$66/sqft
    Source: Century 21 Nason Realty Inc #1051837 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,439 +11.5%$89,400 +15.7%
    2023$1,291 +10.4%$77,300 +22.9%
    2022$1,169 $62,900 +4.5%
    2021$1,169 -6%$60,200 +2.9%
    2020$1,243 $58,500
    2019$1,243 -1.2%$58,500
    2018$1,258 $58,500
    2017$1,258 +4.7%$58,500 +2.3%
    2016$1,201 +7.7%$57,200
    2015$1,115 $57,200
    2014$1,115 +11.2%$57,200
    2013$1,003 +3.7%$57,200
    2012$967 $57,200
    2010-- $57,200 -2.9%
    2009-- $58,900 +8.9%
    2008-- $54,100 +28.2%
    2006-- $42,200
    Find assessor info on the county website

    Neighborhood: 04950

    Nearby schools

    GreatSchools rating
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    $128,200
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    With Zillow Showcase(estimated)
    $130,764
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    With Zillow Showcase(estimated)
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