OFF MARKET

Off market jul 2024 for $295K

$335,432

•

1,584

sq ft

1397 Lakewood Rd, Madison, ME 04950

About this home

Single-familyProperty Type

1943Year Built

2 acresLot Size

$212Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Lisa Smith • Better Homes & Gardens Real Estate/The Masiello Group

Bought with Nolan Hanson • RE/MAX Collaborative

Bought with B Michael Ireland • RE/MAX Collaborative

Redfin checked: a few seconds ago

•Source:MREIS #1593505

Redfin Estimate

$335,432

$40K since sold in July 2024$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.9% lower than the average sale price ($372K) of 6 comparable homes.

SOLD JUL 28, 2026
$330,808
A
2 beds2 baths1,521 sq ft
316 Canaan Rd, Skowhegan, ME 04976
SOLD SEP 9, 2026
$320,000
B
2 beds1.5 baths1,646 sq ft
93 Norridgewock Ave, Skowhegan, ME 04976
SOLD JUL 7, 2026
$425,000
C
3 beds2 baths1,424 sq ft
31 Salmon Rd, Madison, ME 04950
SOLD AUG 27, 2026
$420,000
D
3 beds2 baths1,680 sq ft
5 Holly Ln, Cornville, ME 04976
SOLD JUN 25, 2026
$297,000
E
3 beds2 baths1,867 sq ft
344 W Ridge Rd, Cornville, ME 04976
SOLD SEP 28, 2026
$439,900
F
2 beds2 baths1,850 sq ft
1 Winter Dr, Embden, ME 04958

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$2,358/mo

Redfin rental estimate

List your home for rent

Market trends in 04950, ME

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

99.4%

+0.2% MoM

Median sale price

$230K

$15K MoM

Avg. days on market

51d

0 days MoM

Recently sold homes

0 MoM

New listings for sale

$45,000
Studio— baths728 sq ft
20 Hayden St, Madison, ME 04950
$439,900
4 beds2 baths2,012 sq ft
44 Sierra Ln, Madison, ME 04950
$275,000
3 beds1 bath1,620 sq ft
29 Myrtle St, Madison, ME 04950
$39,000
2 beds1 bath980 sq ft
14 Hidden Acres Dr, Madison, ME 04950
$250,000
3 beds1 bath1,075 sq ft
5 Summer St, Madison, ME 04950
See all

Provided by Redfin

Sale history for 1397 Lakewood Rd

Date

Event

Price

MREIS #1626110

Sep 19, 2025

Price Changed

$320,000

$202/sq ft

Aug 14, 2025

Price Changed

$340,000

$215/sq ft

Jun 14, 2025

Listed

$350,000

$221/sq ft

MREIS #1593505

Jul 17, 2024

Sold

$295,000

$186/sq ft

Jun 15, 2024

Listed

$295,000

$186/sq ft

MREIS #1564273

Sep 22, 2023

Sold

$155,000

$98/sq ft

Jul 5, 2023

Listed

$190,000

$120/sq ft

+22

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. * * *

MREIS #1441463

Feb 14, 2020

Sold

$75,200

$47/sq ft

Dec 30, 2019

Listed

$75,200

$47/sq ft

MREIS #1074725

Nov 7, 2013

Sold

$91,000

$57/sq ft

MREIS #1019321

Jun 20, 2011

Listed

$119,900

$76/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,579 (+22.3%)

$57,600 + $192,700

$250,300

2024

$2,927 (+11.2%)

$51,500 + $130,300

$181,800

2023

$2,632 (+13.0%)

$44,300 + $113,300

$157,600

2022

$2,329 (+0.2%)

$35,500 + $89,800

$125,300

2021

$2,325 (−5.4%)

$34,000 + $85,700

$119,700

2020

$2,457

$34,000 + $81,600

$115,600

2019

$2,457 (−1.1%)

$34,000 + $81,600

$115,600

2018

$2,485

$34,000 + $81,600

$115,600

2017

$2,485 (+0.2%)

$34,000 + $81,600

$115,600

2016

$2,480 (+7.7%)

$36,500 + $81,600

$118,100

2015

$2,303

$36,500 + $81,600

$118,100

2014

$2,303

$36,500 + $81,600

$118,100

Tax history for 1397 Lakewood Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,579 (+22.3%)

$57,600 + $192,700

$250,300

2024

$2,927 (+11.2%)

$51,500 + $130,300

$181,800

2023

$2,632 (+13.0%)

$44,300 + $113,300

$157,600

2022

$2,329 (+0.2%)

$35,500 + $89,800

$125,300

2021

$2,325 (−5.4%)

$34,000 + $85,700

$119,700

2020

$2,457

$34,000 + $81,600

$115,600

2019

$2,457 (−1.1%)

$34,000 + $81,600

$115,600

2018

$2,485

$34,000 + $81,600

$115,600

2017

$2,485 (+0.2%)

$34,000 + $81,600

$115,600

2016

$2,480 (+7.7%)

$36,500 + $81,600

$118,100

2015

$2,303

$36,500 + $81,600

$118,100

2014

$2,303

$36,500 + $81,600

$118,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

2 Acres

Year renovated

—

Sq. Ft.

1,584

Year built

—

Style

Single Family Residential

County

Somerset County

APN

510833

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Property details

Parking

Parking Information
Has Garage
# of Garage Spaces: 2
Parking Features: Basement, 5 - 10 Spaces, Paved, Underground
Vehicle Storage: 1 Car, Underground, Basement

Interior

Virtual Tour

Bathroom Information
# of Baths (Full): 2

Room 1 Information
Type: Primary Bedroom
Level: First

Room 2 Information
Type: Bedroom 1
Level: First

Room 3 Information
Type: Dining Room
Level: First

Room 4 Information
Type: Kitchen
Level: First

Room 5 Information
Type: Living Room
Level: First

Basement Information
Basement Entry: Interior, Walk-Out Access, Full, Unfinished

Interior Features
# of Rooms: 5
Interior Features: 1st Floor Primary Bedroom w/Bath, Primary Bedroom w/Bath
Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
Flooring: Vinyl, Carpet

Laundry Information
Laundry Features: 1st Floor Laundry, Main Level

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Block, Stone, Concrete Perimeter
Roof: Shingle
Total Building Area (Sq. Ft.): 1,584
Building Area Source: Public Records

Exterior Features
Patio & Porch Features: Deck

Property Information
Property Sub Type: Single Family Residence
Year Built: 1943
Above-Grade Finished Area (Sq. Ft.): 1,584

Lot Information
Lot Size (Sq. Ft.): $87,120
Lot Size (Acres): 2
Lot Size Source: Deed
Lot Features: Well Landscaped, Rolling/Sloping, Open, Level, Rural
Zoning: Rural

Financial

Tax Information
Annual Tax Amount: $2,632
Tax Year: 2023

Utilities

Utility Information
Has Heating
Heating: Forced Air
Electric: Circuit Breakers
Sewer: Private Sewer
Water Source: Private
Water Heater: Electric

Location

Location Information
Unparsed Address: 1397 Lakewood Road, Madison, ME 04950
Directions: Property address is GPS friendly

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,584
Stories: 1.0
Lot Size: 2 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Somerset County
APN: 510833

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

K - 12
Preschool & daycare

Madison Elementary School

Public PreK-2 • Assigned • 5.8mi

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 89° expected this year, 15 days in 30 years

4/10 Wind Factor

10% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Madison, ME • 04950

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 7.4 hours in June and 2.8 hours in December, placing it below the U.S. average for solar exposure.

7.4 hrs

2.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$319,000 – $386,000

Sell confidently with a local market expert in Madison. 3 minutes to get started.

Nearby similar homes

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1 bed1 bath784 sq ft

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4 acres • Man-made pond • Sprawling front lawn

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3 beds0.5 baths600 sq ft

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300 gallon tank • 11 acres • 11.4 acre lot

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Studio— baths728 sq ft

20 Hayden St, Madison, ME 04950

0.35 acre lot • Parking

$149,900

Land— sq ft

M13L7 Bear Mountain Rd, Fairfield, ME 04937

Gated access • Utility access

$214,900

4 beds2 baths1,603 sq ft

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Large yard • 9,583 sq ft lot • Parking

$239,000

3 beds1 bath1,352 sq ft

22 Hartland Rd, Athens, ME 04912

Ranch-style home • Spacious 1-acre lot • One-level living

New listings for sale in 04950

$45,000

Studio— baths728 sq ft

20 Hayden St, Madison, ME 04950

0.35 acre lot • Parking

$439,900

4 beds2 baths2,012 sq ft

44 Sierra Ln, Madison, ME 04950

Brand-new kitchen • Formal dining room • Double living room

$275,000

3 beds1 bath1,620 sq ft

29 Myrtle St, Madison, ME 04950

Corner lot • Fenced-in backyard • In-ground pool

$39,000

2 beds1 bath980 sq ft

14 Hidden Acres Dr, Madison, ME 04950

Spacious kitchen • Installed heat pump • Corner lot

$250,000

3 beds1 bath1,075 sq ft

5 Summer St, Madison, ME 04950

Full basement • Updated kitchen • Local parks

Home values near 1397 Lakewood Rd

Data from public records.

Address	Redfin Estimate
1367 Lakewood Rd, Madison, ME 2 Beds \| 1.5 Baths \| 864 Sq. Ft.	—
1454 Lakewood Rd, Madison, ME 3 Beds \| 1 Baths \| 1008 Sq. Ft.	$181,655
1406 Lakewood Rd, Madison, ME 2 Beds \| 1 Baths \| 1260 Sq. Ft.	$197,712
1504 Lakewood Rd, Madison, ME 3 Beds \| 2 Baths \| 2190 Sq. Ft.	—
1367 Lakewood Rd, Madison, ME 2 Beds \| 1.5 Baths \| 864 Sq. Ft.	—
1278 Lakewood Rd, Madison, ME 5 Beds \| 2 Baths \| 1920 Sq. Ft.	$275,275
1286 Lakewood Rd, Madison, ME 2 Beds \| 1.5 Baths \| 1040 Sq. Ft.	—

Address	Redfin Estimate
1377 Lakewood Rd, Madison, ME 3 Beds \| 2 Baths \| 1404 Sq. Ft.	—
1278 Lakewood Rd, Madison, ME 5 Beds \| 2 Baths \| 1920 Sq. Ft.	$261,604
1504 Lakewood Rd, Madison, ME 3 Beds \| 2 Baths \| 2190 Sq. Ft.	$616,986
1454 Lakewood Rd, Madison, ME 3 Beds \| 1 Baths \| 1008 Sq. Ft.	$189,484
1394 Lakewood Rd, Madison, ME - Beds \| 1.5 Baths \| 1800 Sq. Ft.	$271,088
1277 Lakewood Rd, Madison, ME - Beds \| 2 Baths \| 2016 Sq. Ft.	$391,223

Address	Redfin Estimate
1286 Lakewood Rd, Madison, ME 2 Beds \| 1.5 Baths \| 1040 Sq. Ft.	$236,470
1359 Lakewood Rd, Madison, ME 3 Beds \| 1 Baths \| 384 Sq. Ft.	—
1286 Lakewood Rd, Madison, ME 2 Beds \| 1.5 Baths \| 1040 Sq. Ft.	—
1406 Lakewood Rd, Madison, ME 2 Beds \| 1 Baths \| 1260 Sq. Ft.	$199,197
1359 Lakewood Rd, Madison, ME 3 Beds \| 1 Baths \| 384 Sq. Ft.	$129,159
1377 Lakewood Rd, Madison, ME 3 Beds \| 2 Baths \| 1404 Sq. Ft.	$319,952

Property information provided by MREIS when last listed in 2024. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 04950, ME

Sale history for 1397 Lakewood Rd

Tax history for 1397 Lakewood Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 04950

Home values near 1397 Lakewood Rd

More real estate resources