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Single Family ResidentialResidential
$109,265$98 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 56How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $67,500 on Sep 23, 2020

40 OLIVE ST

MADISON, ME 04950
3
Beds
2
Baths
1,110 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.3 ac
Lot SizeThe size of the land the home sits on, from county records.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$109K
$62K low$157K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$67,500 · Sep 23, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,228 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$85,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$24,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$61,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$61,600

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.18 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountySOMERSET
Lot (acres)The size of the land the home sits on, from county records.0.30
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Madison Jr/Sr High School
Middle · Grades 7–12 · 4.0 mi
E
Madison Elementary School
Elementary · Grades PK–2 · 5.5 mi

District: School Administrative District 59

Neighborhood · ZIP 04950These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.64
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.65
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.73

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.84%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.4,752
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.86 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$56,459
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$81,765
Average tempThe average temperature here across a full year.42°F
Annual precipHow much rain and melted snow falls here in a typical year.41 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.50%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Olive St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 87% of homes in Somerset County
  • Costs less per square foot than 89% of homes in Somerset County
  • Has a smaller lot than 84% of homes in Somerset County

What homes are worth in Madison 04950

Each bar is how many homes fall in that price range. The marker is this home.

This home
$69K$456K

This home is worth more than 17% of homes in Madison 04950.

How it measures up in Madison 04950

The dot is this home. The mark in the middle is the typical home in Madison 04950.

Estimated value$109,265
CheaperTypical $185,669Pricier

Pricier than 17% of homes nearby

Price per ft²$98
CheaperTypical $158Pricier

Pricier than 13% of homes nearby

Living area1,110 ft²
SmallerTypical 1,120 ft²Bigger

Bigger than 49% of homes nearby

Lot size0.3 ac
SmallerTypical 0.74 acBigger

Bigger than 31% of homes nearby

How 40 Olive St ranks against every home in each area.
MeasureThis homeMadison 04950Somerset County
Estimated valuepricier than$109,26517% of homes13% of homes
Price per ft²pricier than$9813% of homes11% of homes
Living areabigger than1,110 ft²49% of homes38% of homes
Lot sizebigger than0.3 ac31% of homes16% of homes

About 40 Olive St

How much is 40 Olive St, Madison, ME worth?

The TopHap Estimate for 40 Olive St, Madison, ME is $109,265 as of Aug 30, 2026. The likely range is $61,599 to $156,931. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Olive St, Madison, ME last sell?

40 Olive St, Madison, ME last sold on Sep 23, 2020 for $67,500, according to the county's recorded deed.

How big is 40 Olive St, Madison, ME?

40 Olive St, Madison, ME has 3 bedrooms, 2 bathrooms, 1,110 square feet of living space and a 0.30-acre lot.

What schools serve 40 Olive St, Madison, ME?

40 Olive St, Madison, ME is assigned to Madison Jr/Sr High School (middle); Madison Elementary School (elementary). All sit in School Administrative District 59. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Olive St, Madison, ME compare to other homes in Madison 04950?

Among the 2,173 homes in Madison 04950, it is worth more than 17% of them ($109,265 against a typical $185,669), its price per square foot is higher than 13% of them ($98 against a typical $158), it is bigger than 49% of them (1,110 ft² against a typical 1,120 ft²) and its lot is bigger than 31% of them (0.3 ac against a typical 0.74 ac). Measured against all of Somerset County, it is worth more than 13% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Olive St, Madison, ME?

The 2025 property tax bill for 40 Olive St, Madison, ME was $1,228. The county assessed it at $85,900.

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