557 Preble Ave

Madison ME 04950

2352 sq. ft.

87120 sq. ft.

Single-Family

Last sold for $118,000

Jillian Cook, last sold this property on 18 May 2026 after -107 days on market.

Overview

This classic single-family residence offers 4 bedrooms and 2 full bathrooms, providing ample space and flexible living options. With 2,352 square feet of interior living space, this home presents a solid foundation for customization and value enhancement. Situated on a spacious 2-acre lot, the property offers privacy while remaining conveniently close to town, making it an ideal location for both owner-occupants and investors. A newer metal roof adds durability and long-term value, while multiple heat sources provide efficiency and comfort options throughout the seasons. The home includes a 2-bay garage, perfect for vehicles, storage, or workshop use. While the property needs TLC, it offers tremendous potential for renovation, rental income, or resale. The generous lot size allows room for outdoor living, expansion, or landscaping improvements. With its desirable layout, strong structural features, and excellent location, this property is a great investment opportunity for buyers looking to add value and make it their own.

Features

4 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

2352 sq. ft. floor area

87120 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Madison over the last 12 months, the estimated median property value of 557 Preble Ave is $238k.

Median value

$238k

Estimated value range

$31.5k - $425k

Median days on market

Estimated value trend

11%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Madison. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 557 Preble Ave

2026

Sold

$118,000

18 May 2026 by Jillian Cook, of Real Broker

2017

Sold

$80,000

29 Sep 2017 by Aaron Bolster, of Allied Realty

Happy sellers in Madison

We have insufficient information to provide an overview of customer satisfaction for Madison. Viewing the agent profiles, reviews and sales for Madison can provide insights for this location.