557 Preble Ave

2,352 Sq. Ft.
$68 / Sq. Ft.
2,352
Sq. Ft.
$68
per Sq. Ft.

Description

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...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.
  1. Listed by Jillian Cook • Real Broker

Property Details for 557 Preble Avenue

Waterfront
No
ArchitecturalStyle
Cape Cod
Garage Spaces
2.00
Garage
Yes
Zoning
Residential
View
Trees/Woods
LISTING UPDATED: 01/19/2026 07:14 AM

Property Details for 557 Preble Avenue

StatusActive
MLS #1649513
Days on Market6
Taxes$3,672 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1960
Lot Size2.00 AC / 87,120 SF
CountySomerset County

Location

Listing Courtesy of Real Broker
Add your commute

Building Information for 557 Preble Avenue

Stories-Year Built1960Building Size-Lot Size2.00 AC / 87,120 SF

Payment Calculator

$1,086 per month

30 year fixed, 6.15% Interest

Principal and Interest

$780

Property Taxes

$306

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 557 Preble Avenue

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 4029
  • Town: Madison
  • State/Province: ME
  • Zip Code: 04950
  • County: Somerset
  • Geo Latitude: 44.780839
  • Geo Longitude: -69.834098
  • Tax Lot: 31-A
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Town: Yes
  • Transportation:Major Road Access: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Gravel
  • Attached Garage: Yes
Taxes and HOA Information
  • Tax Book Number: 6297
  • Tax Map Number: 2
  • Tax Year: 2025
  • Parcel Number: MADN-000002-000000-000031-000003
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,672.24
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2352.0
  • Lot Size Acres: 2.0
  • Source of Acreage: Public Records
  • Building Area Total: 2352.0
  • Lot Size Area: 2.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 87120.0
  • Bedrooms Total: 4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 557
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:# Rooms: 9.00
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Beige
  • Property Information:# Full Baths Basement: .00
  • Property Information:Source of Road Frontage: Deed
  • Property Information:# Half Baths Basement: .00
  • Property Information:# Full Baths Level 1: 2.00
  • Property Information:# Half Baths Level 1: .00
  • Property Information:# Full Baths Level 2: .00
  • Property Information:# Half Baths Level 2: .00
  • Property Information:# Full Baths Level 3: .00
  • Property Information:# Half Baths Level 3: .00
  • Property Information:# Full Baths Upper: .00
  • Property Information:# Half Baths Upper: .00
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Residential,Single Family Residence
  • Property Type Label: Residential
  • Property Sub-Type: Single Family Residence
  • Building Area Source: Public Records
  • Year Built: 1960
Utilities
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private
  • Other Equipment: Internet Access Available, Cable
  • Appliances Included:Gas Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Utilities:Utilities On: No
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:2 Car: Yes
  • Roof: Metal, Pitched
  • Patio and Porch Features:Deck: Yes
Interior Features
  • Basement: Interior, Walk-Out Access, Partial
  • Flooring: Vinyl
  • Interior Features: Storage
  • Cooling: None
  • Heating: Wood Stove, Pellet Stove, Hot Water, Baseboard
  • Foundation Details: Concrete Perimeter
  • Laundry Features: Laundry - 1st Floor, Main Level
  • Room Total: 9
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
  • Kitchen Countertop:Formica: Yes
Room Information
Room 1
  • Room Type: Bedroom 1
  • Room Level: Second
Room 2
  • Room Type: Bedroom 2
  • Room Level: Second
Room 3
  • Room Type: Bedroom 3
  • Room Level: Second
Room 4
  • Room Type: Primary Bedroom
  • Room Level: Second
Room 5
  • Room Type: Laundry
  • Room Level: First
Room 6
  • Room Type: Office
  • Room Level: Second
Room 7
  • Room Type: Kitchen
  • Room Level: First
Room 8
  • Room Type: Living Room
  • Room Level: First
Room 9
  • Room Type: Dining Room
  • Room Level: First

Property History for 557 Preble Avenue

DateEvent & SourcePriceAppreciation
Jan 16, 2026

Listed (Active)

Maine Listings #1649513

$160,000
Sep 29, 2017

Sold

Maine Listings #1315224

$80,000
Sep 11, 2017

Pending

Maine Listings #1315224

Sep 9, 2017

Active Under Contract

Maine Listings #1315224

Jun 29, 2017

Listed (Active)

Maine Listings #1315224

$104,900
DateEvent & SourcePrice
01/16/2026

Listed (Active)

Maine Listings #1649513

$160,000
09/29/2017

Sold

Maine Listings #1315224

$80,000
09/11/2017

Pending

Maine Listings #1315224

09/09/2017

Active Under Contract

Maine Listings #1315224

06/29/2017

Listed (Active)

Maine Listings #1315224

$104,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 557 Preble Avenue

Taxable ValueLand$51,500Additions$151,700Total$203,200
Tax Record2024$3,272 ($273 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,352 SqFtAbove Grade Finished SqFt2,352 SqFtStories2Lot Size87,120 SqFtStyleSingle Family ResidenceYear Built1960ZoningRES RUCountySOMERSETAPNMADN M:002 L:031-003

Schools near 557 Preble Avenue

This home is within Regional School Unit 59 Msad 59.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Madison Junior High School
Public5 to 8

Madison Area Memorial High School
Public9 to 12

Madison Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

557 Preble Avenue is a single family home for sale in Madison, ME 04950. This property was listed for sale on January 16, 2026 by Real Broker, it's currently listed at $160,000. It has been on the market for a total of 6 days and was last sold on September 29, 2017. This listing's school district is Regional School Unit 59 Msad 59. Nearby schools include Madison Junior High School, Madison Area Memorial High School and Madison Elementary School. 557 Preble Avenue is a 4-bed, 2-bath, 2,352 sqft single family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.