16 Park Street, Madison, ME, 04950
About This Home
Space, versatility, and historic charm come together at 16 Park Street. With over 3,200 square feet of beautifully renovated living space, this 5-bedroom, 3-bathroom home is a rare find. The highly functional layout features a first-floor primary bedroom with an attached bath, multiple sunlit living areas, and plenty of room to spread out. Exceptional features include a cozy main-level fireplace, gleaming flooring, and low-maintenance vinyl siding. The quarter-acre level lot is an outdoor oasis, boasting a fully fenced yard for pets or play and a large deck for entertaining. Parking and storage are a breeze with the detached 2-car garage and paved driveway. Enjoy the ease of public utilities and a prime location close to downtown amenities and river trails. Turn-key and ready for its next chapter!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1809
Materials
- Foundation: Stone,Poured Concrete,Brick/Mortar
- Roof: Membrane,Metal
- Construction materials: Wood Frame,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: New Englander
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Interior Entry,Full,Unfinished
Bedroom2
- Level: Second
Bedroom3
- Level: Second
Bedroom4
- Level: Second
Bedroom5
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Bonus Room
- Level: First
Dining Room
- Level: First
Family Room
- Level: First
Features
- 1st Floor Primary Bedroom w/Bath
- Flooring: Tile,Wood
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 3,273
Heating & Cooling
- Heating features: Heat Pump,Other
- Cooling features: Other
Interior Area
- Total structure area: 3,273
- Total interior livable area: 3,273 sqft
Kitchen
- Level: First
Laundry
- Level: First
Living Room
- Level: First
Primary Bedroom
- Level: First
Property
Details
- Parcel number: MADNM021L159
- Zoning: Residential
Features
- Patio & porch: Deck
Lot
- Lot size: 0.25 Acres
- Features: City Lot,Near Shopping,Neighborhood,Level,Sidewalks
Parking
- Total spaces: 2
- Parking features: Paved,1 - 4 Spaces,Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Winter Weather
- Ice Storm
- Drought
- Hurricane
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,511 | $18,132 |
| Home Insurance | $167 | $2,004 |
| Property Taxes | $394 | $4,728 |
| Electricity | $475 | $5,709 |
| Total | $2,547 | $30,564 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-14 | Price change | $299,000 |
| 2024-09-23 | Pending sale | $250,000 |
| 2024-09-20 | Sold | $244,000 |
| 2024-07-23 | Contingent | $250,000 |
| 2024-07-19 | Listed for sale | $250,000 |
| 2022-10-23 | Listing removed | -- |
| 2022-10-14 | Contingent | $230,000 |
| 2022-10-07 | Price change | $230,000 |
| 2022-10-03 | Listed for sale | $249,900 |
| 2010-09-11 | Listing removed | $30,000 |
| 2010-09-02 | Price change | $30,000 |
| 2010-08-05 | Price change | -- |
| 2010-07-24 | Price change | $30,000 |
| 2010-06-19 | Price change | $49,000 |
| 2010-05-18 | Price change | $70,000 |
| 2010-05-15 | Listed for sale | -- |
For Sale by Agent
View on Zillow