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Off market
  • $116,500

    40 Olive St, Madison, ME 04950

    3beds
    1,462sqft
    SingleFamily
    Built in 1940
    0.3 Acres Lot
    $116,500 Zestimate®
    $80/sqft
    $1,757 Estimated rent

    Home value

    $116,500

    $86,000 - $153,000

    $1,757/mo

    Zestimate® history
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    Owner options

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    $1,757/mo

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    $1,757/mo

    Rent Zestimate®

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    $605/mo

    Est. payment

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    $605/mo

    Est. payment

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    What's special

    Enjoy the serenity of this lovely 3 bedroom 2 bath Cottage overlooking Hayden Brook which leads into Lake Wesserunsett. Great for entertaining with a glassed in porch and large private yard with a fire pit. Spend time lounging by the gurgling stream or canoeing in Lake Wesserunsett. Perfectly located in walking distance of several restaurants, a golf course, and movie theater. Wonderful home to experience everything that Maine has to offer.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Stove, Electric
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    • Laundry: Lower Level
    Features
    • Bathtub
    • Flooring: Hardwood, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 1,462 sqft

    Property

    Parking
    • Details: No Vehicle Storage
    Features
    • Patio & porch: Porch, Glass Enclosed
    • Waterfront features: Lake/Fresh Water, River/Brook/Stream
    Lot
    • Size: 0.3 Acres
    Details
    • Parcel number: MADNM031L043
    • Zoning description: Res/Shoreland

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    Materials
    • Roof: Metal
    Condition
    • Year built: 1940

    Utilities & green energy

    • Water: Private, Well
    • Utilities for property: Water Connected

    Community & HOA

    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $80/sqft
    • Tax assessed value: $61,600
    • Annual tax amount: $992

    Price history

    DateEventPrice
    9/18/2020Sold$60,000-14.3%$41/sqft
    Source: Maine Listings #1449535 Report a problem
    8/4/2020Pending sale$70,000$48/sqft
    Source: Keller Williams Realty #1449535 Report a problem
    4/15/2020Listed for sale$70,000$48/sqft
    Source: Keller Williams Realty #1449535 Report a problem
    11/30/2019Listing removed$70,000+16.7%$48/sqft
    Source: Keller Williams Realty #1418563 Report a problem
    9/18/2019Sold$60,000-14.3%$41/sqft
    Source: Agent Provided Report a problem
    6/26/2018Price change$70,000-4.1%$48/sqft
    Source: Bean Group #1350598 Report a problem
    5/17/2018Listed for sale$73,000+5.8%$50/sqft
    Source: Bean Group #1350598 Report a problem
    10/16/2016Listing removed$69,000$47/sqft
    Source: Allied Realty #1241270 Report a problem
    3/23/2016Price change$69,000-7.9%$47/sqft
    Source: Allied Realty #1241270 Report a problem
    10/15/2015Listed for sale$74,900$51/sqft
    Source: Allied Realty #1241270 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$992 +11.7%$61,600 +15.8%
    2023$888 +9.5%$53,200 +22%
    2022$811 +0.1%$43,600 +4.6%
    2021$810 -5.4%$41,700 +3.5%
    2020$856 $40,300
    2019$856 -1.2%$40,300
    2018$866 $40,300
    2017$866 -3.7%$40,300 -5.8%
    2016$899 +7.7%$42,800
    2015$835 $42,800
    2014$835 $42,800 -14.2%
    2009-- $49,900 +3.1%
    2008-- $48,400 +27.4%
    2006-- $38,000
    Find assessor info on the county website

    Neighborhood: 04950

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $116,500
    2% more
    +$2,330
    With Zillow Showcase(estimated)
    $118,830
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $116,500
    2% more
    +$2,330
    With Zillow Showcase(estimated)
    $118,830