5 Olive St, Madison, ME 04950
OFF MARKET

$7,600

Tax assessed value
  • Studio

5 Olive St, Madison, ME 04950

Home Value

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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
29 Naomi Ave, Madison, ME
0.19
Single-Family Home
$90,000
07/09/26
2
1
572
12 Carp Road, Madison, ME
0.11
Single-Family Home
$204,500
07/15/26
1
1
450
31 Salmon Road, Madison, ME
0.24
Single-Family Home
$425,000
07/07/26
3
2
1,424
50 Olive St, Madison, ME
0.07
Single-Family Home
$63,269
08/03/26
3
1
1,380
58 Naomi Avenue, Madison, ME
0.33
Single-Family Home
$465,000
05/21/26
3
2.5
2,428
12 Oriole St, Madison, ME
1.54
Single-Family Home
$50,000
10/27/25
4
1
1,220
89 Drake Road, Madison, ME
1.21
Single-Family Home
$425,000
12/30/25
4
2
2,800
1150 Lakewood Road, Madison, ME
1.65
Single-Family Home
$250,000
05/18/26
3
1
1,428
980 E Madison Road, Madison, ME
1.62
Single-Family Home
$285,000
01/23/26
4
2
2,376
394 Lakewood Road, Madison, ME
1.82
Single-Family Home
$95,000
02/26/26
4
2
1,735

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
4 Pickerel Road, Madison, ME 04950
0.07
$180,800
1
1
510
Off Market
6 Pickerel Road #2, Madison, ME 04950
0.07
$185,000
1
1
510
Recently Sold
10 Pickerel Road, Madison, ME 04950
0.09
$230,300
1
1
648
Off Market
12 Pickerel Road, Madison, ME 04950
0.10
$183,200
1
1
396
Off Market
12 Carp Road, Madison, ME 04950
0.11
$204,500
1
1
450
Recently Sold
55 Salmon Road, Madison, ME 04950
0.14
$45,000
-
-
-
Recently Sold
0 Shepard Street, Madison, ME 04950
0.11
$4,000
-
-
-
Recently Sold
68 & 71 Salmon Road, Madison, ME 04950
0.17
$155,000
3
1
852
For Sale
16 Salmon Road, Madison, ME 04950
0.20
$250,900
2
1
1,119
For Sale
15 Naomi Avenue, Madison, ME 04950
0.14
$198,000
3
1
952
Off Market
39 Salmon Road, Madison, ME 04950
0.20
$170,000
2
1
778
Off Market
#19 & #20 Salmon Road, Madison, ME 04950
0.21
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 5 Olive St.
  • Schools2 Preschool Schools3 Elementary Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Lot Size
0.3 acres

About this House

This single-family home is located at 5 Olive St, Madison, ME. 5 Olive St is in Madison, ME and in ZIP code 04950. This property has a lot size of 0.30 acres.
5 Olive St, Madison, ME 04950 is a studio single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,450/month.

Home Details for 5 Olive St

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.30 acres

Price and Tax history

YearProperty taxTax assessment
2024
$122
$7,600
Home facts updated by county records

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
27

Around this home

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.
  • Amandaroy14
    "Many families in Area, good schools, friendly townspeople, nice town events, old down home feeling to it "
    1
    Flag
  • Trulia User
    "I’ve seen a woman drive into the neighborhood and let her older dog out of the car to do his business. 2x’s so far."
    0
    Flag
  • Sharyn
    "Great area for recreation year round: boating, fishing, snow mobiling, skiing nearby, golf, summer theatre, involved summer community. Small town feeling. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5 Olive St

  • 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.
  • What are the closest schools to 5 Olive St?
    The closest schools to 5 Olive St in Madison, ME are Madison Elementary School (Pre-K, rated 2/10), Madison Elementary School (Pre-K), Main Street Middle School (Elementary).
  • How big is the lot at 5 Olive St?
    The lot at 5 Olive St in Madison, ME is about 0.30 acres (13,068 sq ft).

Apartments for Rent

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Off Market Homes Near 5 Olive St

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Homes for sale near 5 Olive St

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