Investors take notice. Loads of potential with this 3 bedroom 1-1/2 bathroom ranch with 2 large decks with wonderful views, wrap around paved driveway. The property owner had started rehabbing the home but decided to sell the property in ''As-Is'' condition with some of the rooms finished, and with others partially finished or in need of total rehab . New FHA heating system installed. 2 car garage under home. Kitchen, dining room, living room. ***Will not go FHA, VA, or traditional financing.***
Closed
$295,000
1397 Lakewood Road, Madison, ME 04950
3beds
1,584sqft
Single Family Residence
Built in 1943
2 Acres Lot
$-- Zestimate®
$186/sqft
$1,695 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,695/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 14, 2025 at 07:06pm
Listed by:
Rizzo Mattson 207-622-9000
Bought with:
Better Homes & Gardens Real Estate/The Masiello Group
Source: Maine Listings,MLS#: 1564273
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Dining room
- Level: First
Family room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Forced Air
Cooling
- None
Features
- 1st Floor Primary Bedroom w/Bath, One-Floor Living
- Flooring: Laminate, Vinyl
- Basement: Interior Entry,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,584
- Total interior livable area: 1,584 sqft
- Finished area above ground: 1,584
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Paved, 5 - 10 Spaces, Underground, Basement
- Garage spaces: 2
Features
- Patio & porch: Deck
Lot
- Size: 2 Acres
- Features: Rural, Level, Open Lot, Rolling Slope
Details
- Parcel number: MADNM013L038A
- Zoning: Rural
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1943
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Private
Community & neighborhood
Location
- Region: Madison
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Listing removed | $320,000$202/sqft |
Source:  Maine Listings #1626110 Report a problem | ||
| 9/19/2025 | Price change | $320,000-5.9%$202/sqft |
Source: Maine Listings #1626110 Report a problem | ||
| 8/14/2025 | Price change | $340,000-2.9%$215/sqft |
Source: Maine Listings #1626110 Report a problem | ||
| 6/14/2025 | Listed for sale | $350,000+18.6%$221/sqft |
Source: Maine Listings #1626110 Report a problem | ||
| 7/17/2024 | Sold | $295,000+90.3%$186/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,927 +11.2% | $181,800 +15.4% |
| 2023 | $2,632 +13% | $157,600 +25.8% |
| 2022 | $2,329 +0.2% | $125,300 +4.7% |
Find assessor info on the county website
Neighborhood: 04950
Nearby schools
GreatSchools rating
- 2/10Madison Elementary SchoolGrades: PK-4Distance: 5.9 mi
- 4/10Madison Junior High SchoolGrades: 5-8Distance: 6.1 mi
- 3/10Madison Area Memorial High SchoolGrades: 9-12Distance: 5.2 mi
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