45 Locust St
Madison, ME 04950
3 bd 1 ba 1,248 sqft Built 1962 Lot 6,970 sqft multi_family
Most recent sale
$138,500
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 28, 2022 | Sold | $23,000 | Public Record |
| Jun 17, 2022 | Sold | $138,500 | Public Record |
| Apr 12, 2022 | Relisted | $142,500 | MaineListings |
| Apr 5, 2022 | Listed | $142,500 | MaineListings |
| Jul 25, 2018 | Sold | $135,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $126,800 | $28,400 | $155,200 | $2,219 |
| 2023 | $74,600 | $21,300 | $95,900 | $1,602 |
| 2022 | $60,500 | $16,800 | $77,300 | $1,437 |
| 2021 | $53,300 | $16,000 | $69,300 | $1,346 |
| 2020 | $50,800 | $16,000 | $66,800 | $1,420 |
| 2019 | $50,300 | $15,900 | $66,200 | $1,407 |
| 2018 | $50,300 | $15,900 | $66,200 | $1,423 |
| 2017 | $50,300 | $15,900 | $66,200 | $1,423 |
| 2016 | $50,300 | $15,900 | $66,200 | $1,390 |
| 2015 | $50,300 | $15,900 | $66,200 | $1,291 |
| 2014 | $50,300 | $15,900 | $66,200 | $1,291 |
| 2011 | $50,300 | $15,900 | $66,200 | $816 |
| 2009 | $49,000 | $16,800 | $65,800 | $761 |
| 2008 | $48,800 | $15,900 | $64,700 | $743 |
| 2007 | $47,400 | $15,400 | $62,800 | $730 |
Property facts
Year built
1962
Property type
multi_family
Stories
2
Beds
3
Baths
1
Living area
1,248 sqft
Lot size
6,970 sqft
ZIP code
04950
City
Madison
Street
Locust St
Coordinates
44.78872, -69.88188
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$831
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 45 Locust St last sell?
45 Locust St most recently sold on Jun 17, 2022 for $138,500.
What is the current tax assessment for 45 Locust St?
The most recent total assessment for 45 Locust St (year 2025) is $155,200 with $2,219 in property tax.
How does 45 Locust St's assessment compare to its last sale price?
The current assessment is 12.1% above the last sale price of $138,500.
When was 45 Locust St built?
45 Locust St was built in 1962.
How does 45 Locust St compare to others on Locust St?
We track 3 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 45 Locust St?
45 Locust St is a 3 bed, 1 bath, 1,248 sqft, 6,970 sqft lot multi_family.
Is 45 Locust St a flip candidate?
No — 45 Locust St does not appear in our flips dataset.
Is 45 Locust St a tax-appeal candidate?
No — 45 Locust St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.7%
Implied 1-yr
+18.6%
2025 Q4
$285K
2026 Q1
$285K
ZIP 04950 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Locust St