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65 Laney Road

65 Laney Road, Madison, ME 04950
Property in Madison
Sold Oct 20, 2020
$331,300
$265,000 by Skowhegan Savings Bank
Mortgage Due Oct 20, 2050
65 Laney Road has been categorized by the local assessors in Madison, ME as a residential type of property. The building on the property was first built in 2019 and is 5 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 65 Laney Road has 884 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 25,700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 65 Laney Road sold most recently in Oct 19, 2020 for a total of $331,300. If you work out the math, that's approximately a cost of $374.77 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,014 in taxes each year. 65 Laney Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $269,700. If we break it down further, the land itself was valued at $178,000. Improvements to the property, however, were assessed at a total of $91,700. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Conventional
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 884
  • Gross Building Area: 9,999
  • Building Area: 884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 884
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential (assumed)

Ownership

  • Current Owner : RUSSAKOFF ANDREW J
  • Current Owner 2: RUSSAKOFF DONNA L
  • Previous Owner : AMES CALVIN
  • Is Owner Occupied: Owner-occupied property

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:043 L:008
  • Lot: 8
  • Municipality: MADISON
  • Latitude: 44.8601
  • Longitude: -69.767

    Address

  • Full Address: 65 Laney Rd
  • Address - House Number: 65
  • Address - Street Name: Laney
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Madison
  • Carrier Code: R002
  • 4-Digit Zip Code: 3468
  • Zip Code: 04950

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,014

    Appraisal Valuation

  • Standard Deviation: 0.2571
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 63
  • Final Value: 463,385
  • High Value: 582,538
  • Low Value: 344,232

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,000
  • First Open Lien Mortgage Lender: SKOWHEGAN SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Oct 20, 2020
  • First Open Lien Mortgage Loan Amount: $265,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 20, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $269,700
  • Assessed Land Value: $178,000
  • Assessed Improvements Value: $91,700

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Transaction ID: 11793842407
  • Current Sale Price: $331,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13900

    Last Sale Mortgage

  • First Mortgage Lender: SKOWHEGAN SAVINGS BANK
  • First Mortgage Transaction Date: Oct 20, 2020
  • First Mortgage Loan Amount: $265,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Somerset



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Frequently Asked Questions

What neighborhood is 65 Laney Road located in?
The 65 Laney Road is a located in the neighborhood of Madison in Somerset, Madison.
What is the average sales price for listings in 65 Laney Road?
The average sales price for units in 65 Laney Road is $0 currently.

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