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301 River Road

301 River Road, Madison, ME 04950
House in Madison
Local assessors in Madison, ME have categorized 301 River Road as a type of property. The home was built in 1996 and is 30 years old. The property's lot size has been calculated to be 65,340 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a . Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 200 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 301 River Road has a total of 1,419 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is . The building has a roof that is made of . The home's is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $287,500 in Aug 31, 2022. Current property owners are expected to pay $237,800 in taxes per year. The property on 301 River Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $127,900. To break that down further, the land itself was valued at $25,400. While improvements to the property were assessed at a total of $102,500. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Log Siding

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220716
07/16/2022
3 Bed
2 Bath
-
$290,000
bedrooms
3 Bed
bathrooms
2 Bath
-
-
Ida Earle
RE/MAX At Home
20191003
10/03/2019
3 Bed
2 Bath
-
$159,900
bedrooms
3 Bed
bathrooms
2 Bath
-
-
-


Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 34
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 1,419
  • Building Area: 1,419
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,419
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: 117
  • State Land Use Code: 117

Neighborhood

  • School District Name: School Administrative District 59
  • School Tax School District: RSU 59/MSAD 59
  • Census Tract: 966500

Zoning

  • Zoning: RES RU

Geography

  • Parcel: MADN M:009 L:027-002
  • Lot: 27-2
  • Municipality: MADISON
  • Latitude: 44.84
  • Longitude: -69.8543

    Address

  • Full Address: 301 River Rd
  • Address - House Number: 301
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Madison
  • Carrier Code: R002
  • 4-Digit Zip Code: 4303
  • Zip Code: 04950

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $237,800

    Appraisal Valuation

  • Standard Deviation: 0.1452
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 70
  • Final Value: 217,125
  • High Value: 248,657
  • Low Value: 185,592

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $127,900
  • Assessed Land Value: $25,400
  • Assessed Improvements Value: $102,500

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Sep 06, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11362
  • Previous Sale Recording Date: Sep 02, 2022
  • Previous Sale Contract Date: Aug 31, 2022
  • Previous Sale Amount: $287,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Somerset



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Frequently Asked Questions

What neighborhood is 301 River Road located in?
The 301 River Road is a house located in the neighborhood of Madison in Somerset, Madison.
What is the average sales price for listings in 301 River Road?
The average sales price for units in 301 River Road is $0 currently.