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$36,000
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Property Description
Here is a devleopment opportunity for building at the Madison Condos in Rumford. A riverfront association with spectacular views and close proximity to town. The current approval was for building condos and there may be a change of use allowed if approved with the town and association if wanting to build something different on this pad site such as a single family residence with garage or storage units for the condo owners. The pad condition is unknown but appears to need replacement. There is water, sewer and power hookup on site and already to the pad.
Full Property Details
Full Property Details for 1257 Route 2 #1-5
General
- Price: $36,000
- HOA FEE: $75/month
- Taxes: $241 (2023)
- Status: Active
- Type: Lots/Land
- Source: MREIS
- MLS ID: 1623319
- Updated: 11/6/2025
- Added to Site: 242 day(s) ago
Parking
- Parking Features: 1 - 4 Spaces, Paved
Location
- County: Oxford
Community
- Association: Yes
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Lot Size (Acres): 7.83
- Lot Size (Sq. Ft.): 341,074.8
- Lot Size Source: Survey
- Zoning: Residential
- Lot Description: Well Landscaped, Open, Level, Near Town
Water Features
- Water Front: Yes
Financial Considerations
- Association Fee: $75
- Assoc Fee Freq.: Monthly
- Tax Amount: $241
- Tax Year: 2023
Disclosures and Reports
- Lot Number: 1-5
Listed by Deiulio Realty Group Inc. (207) 357-2813
Get Pre-Approved Today
Schools
Schools serving 1257 Route 2 #1-5
School District:Regional School Unit 10
| Name | Grades | Distance |
|---|---|---|
Rumford Elementary School 121 Lincoln Avenue, Rumford, ME 04276 | PK-4 | 3.8 mi |
Meroby Elementary School 21 Cross Street, Mexico, ME 04257 | PK-5 | 4.6 mi |
Mountain Valley Middle School 58 Highland Terrace, Mexico, ME 04257 | 5-8 | 4.8 mi |
Mountain Valley High School 799 Hancock Street, Rumford, ME 04276 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1257 Route 2 #1-5
Date
Details
Price
Change
Source
11/06/2025
Price Reduced
$36,000
-14.29%
MLS
7/28/2025
Price Reduced
$42,000
-19.23%
MLS
5/20/2025
Listed
$52,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1257 Route 2 #1-5
Year
Property Taxes
Change
Tax Assessment
Change
2024
$175
5%
$10,500
40%
2023
$166
—
$7,500
—
2022
$166
-1%
$7,500
—
2021
$168
-63%
$7,500
—
2021
$456
245%
$7,500
73%
2019
$132
2%
$4,340
—
2018
$129
3%
$4,340
—
2017
$125
2%
$4,340
—
2016
$122
3%
$4,340
—
2015
$119
2%
$4,340
—
2014
$117
12%
$4,340
—
2013
$104
—
$4,340
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1257 Route 2 #1-5
1257 Route 2 #1-5, Rumford, ME 04276 (MLS# 1623319) is a Lots/Land property with a lot size of 7.83 acres. 1257 Route 2 #1-5 is currently listed for $36,000 and was received on May 20, 2025. Want to learn more about 1257 Route 2 #1-5? Do you have questions about finding other Lots/Land real estate for sale in Rumford? You can browse all Rumford real estate or contact a Coldwell Banker agent to request more information.

