$117,100
3 Beds
2 Baths
1,462 sqft (on 0.30 acres)
40 Olive St, Madison, ME 04950
Est. Refi. Payment $779/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 18, 2020 for $60,000
Home Value
Trulia Estimate
$117KSince last month
Decreased$4K (-3.1%)Since last year
Decreased$25K (-17.9%)Since last sale
Increased$56K (+92.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +70% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $116K |
| July 2026 | $119K |
| June 2026 | $126K |
| May 2026 | $128K |
| April 2026 | $127K |
| March 2026 | $150K |
| February 2026 | $139K |
| January 2026 | $136K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Single-Family Home | $63,269 | 08/03/26 | 3 | 1 | 1,380 | |
0.25 | Single-Family Home | $425,000 | 07/07/26 | 3 | 2 | 1,424 | |
0.29 | Single-Family Home | $465,000 | 05/21/26 | 3 | 2.5 | 2,428 | |
0.16 | Single-Family Home | $90,000 | 07/09/26 | 2 | 1 | 572 | |
0.12 | Single-Family Home | $204,500 | 07/15/26 | 1 | 1 | 450 | |
1.79 | Single-Family Home | $95,000 | 02/26/26 | 4 | 2 | 1,735 | |
1.18 | Single-Family Home | $425,000 | 12/30/25 | 4 | 2 | 2,800 | |
1.67 | Single-Family Home | $250,000 | 05/18/26 | 3 | 1 | 1,428 | |
1.60 | Single-Family Home | $285,000 | 01/23/26 | 4 | 2 | 2,376 | |
2.31 | Single-Family Home | $148,900 | 07/24/26 | 3 | 2 | 1,756 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.08 | $4,000 | - | - | - | Recently Sold | |
0.12 | $199,200 | 3 | 1 | 952 | Off Market | |
0.09 | $180,900 | 1 | 1 | 510 | Off Market | |
0.09 | $185,000 | 1 | 1 | 510 | Recently Sold | |
0.16 | $90,000 | - | - | - | Recently Sold | |
0.10 | $229,000 | 1 | 1 | 648 | Off Market | |
0.11 | $182,300 | 1 | 1 | 396 | Off Market | |
0.12 | $204,500 | 1 | 1 | 450 | Recently Sold | |
0.15 | $45,000 | - | - | - | Recently Sold | |
0.16 | $155,000 | 3 | 1 | 852 | For Sale | |
0.20 | $250,900 | 2 | 1 | 1,119 | For Sale | |
0.21 | $169,000 | 2 | 1 | 778 | Off Market |
Local Information
- Map ViewExplore the area around 40 Olive St.
- Schools2 Preschool Schools3 Elementary Schools
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1940
Lot Size
0.3 acres
Living Area
1,462 sqft
Price/Sqft
$80
About this House
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.
40 Olive St, Madison, ME 04950 is a 3 bedroom, 2 bathroom, 1,462 sqft single-family home built in 1940. It last sold for $60,000 on Sep 18, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $117,100, with a rent estimate of $1,720/month.
Home Details for 40 Olive St
|
|---|
Heating & Cooling Heating: Baseboard, Stove, ElectricHeating Fuel: Baseboard |
Interior Details AtticNumber of Rooms: 6 |
Appliances & Utilities Refrigerator |
Levels, Entrance, & Accessibility Floors: Hardwood, Linoleum Vinyl |
|
|---|
Exterior Home Features Roof: MetalDeck |
|
|---|
Year Built Year Built: 1940 |
Property Type / Style Property Type: Single Family Home |
|
|---|
Lot Area: 0.30 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 18, 2020 Source: Maine Listings #1449535 | Sold | $60,000 |
Aug 4, 2020 Source: Agent Provided | Pending | $70,000 |
Apr 15, 2020 Source: Agent Provided | Listed For Sale | $70,000 |
Nov 30, 2019 Source: Agent Provided | ListingRemoved | $70,000 |
Sep 18, 2019 Source: N/A | Sold | $60,000 |
Jun 26, 2018 Source: Agent Provided | PriceChange | $70,000 Price decreased by 4% |
May 17, 2018 Source: Agent Provided | Listed For Sale | $73,000 |
Oct 16, 2016 Source: Agent Provided | ListingRemoved | $69,000 |
Mar 23, 2016 Source: Agent Provided | PriceChange | $69,000 Price decreased by 8% |
Oct 15, 2015 Source: Agent Provided | Listed For Sale | $74,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $992 | $61,600 |
Home facts updated by county records
Market trends in Madison
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
27
Around this home
- Madison Elementary School
- PK-4
- Public
- 239 Students
2/10GreatSchools RatingParent Rating AverageI think they are super staff members Can't say enough good things about them.They are so involved with the children.Parent Review12y ago - Madison Elementary School
- PK-2
- Public
- 140 Students
NAGreatSchools RatingParent Rating Average
No reviews available for this school.
What Locals Say about Madison
At least 6 Trulia users voted on each feature.
100 % Say yards are well-kept
86 % Say parking is easy
86 % Say kids play outside
83 % Say it's dog friendly
75 % Say there's holiday spirit
75 % Say they plan to stay for at least 5 years
71 % Say car is needed
70 % Say people would walk alone at night
67 % Say neighbors are friendly
63 % Say there are sidewalks
63 % Say streets are well-lit
60 % Say it's walkable to grocery stores
54 % Say there's wildlife
50 % Say it's walkable to restaurants
44 % Say there are community events
40 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 40 Olive St
- What is 40 Olive St estimated to be worth?Trulia's estimated value for 40 Olive St in Madison, ME is $117,100.
- What is the price history for 40 Olive St?40 Olive St in Madison, ME last sold for $60,000 in September 2020.
- Is Madison a buyer's or seller's market?Madison is currently a balanced market, based on recent for-sale activity.
- What do residents say about Madison?Residents describe Madison, ME as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Madison, ME.
- How big is the lot at 40 Olive St?The lot at 40 Olive St in Madison, ME is about 0.30 acres (13,068 sq ft).
Apartments for Rent
- Results are loading
Off Market Homes Near 40 Olive St
SOLDAUG 3, 2026
SOLDJUL 24, 2026Better Homes & Gardens Real Estate/The Masiello Group, Closed- SOLDJUL 9, 2026
SOLDJUN 22, 2026Whittemore's Real Estate, Closed- SOLDMAR 31, 2026
- SOLDMAR 6, 2026
See more homes for sale inMadison
Homes for sale near 40 Olive St
1.4 ACRESWhittemore's Real Estate, Active
0.25 ACRESThe Maine Real Estate Experience, Active
0.82 ACRESTim Dunham Realty, Active
10 ACRESColdwell Banker Realty, Active
FOR SALE BY OWNER
2.75 ACRESWhittemore's Real Estate, Active
190 ACRESEngel & Volkers Casco Bay, Active- See more homes for sale inMadison
- Results are loading