NOT LISTED FOR SALE

22 Hanson Ridge Rd Sanford, ME 04073

Estimated Value: $365,000 - $422,528

4 Beds
2.5 Baths
1,992 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $235,900 $118 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,484/month

114 Days on Market

Highlights

  • 0.8 Acre Lot
  • Level Lot
  • Heating System Uses Gas
  • No HOA
  • Carpet

About This Home

As of December 2021

PRICE REDUCTION on this side by side duplex situated on a large private lot yet close to Town.
Tenants pay utilities including water. Separte basements idea for storage and washer/dryer hook-ups. Large bedrooms and full bath on the second floor. Ample parking for each side. Lots of improvements over the years so everthing is up to date. One side has extra 1/2 bath.

Last Agent to Sell the Property

Oscar Stone

Stone Agency, Inc. Listed on: 10/20/2021

Last Buyer's Agent

Adam Hedio

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1987

Lot Details

  • 0.8 Acre Lot
  • Level Lot

Home Design

  • 1,992 Sq Ft Home
  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 31C
  • Assessor Parcel Number SANF-000031C-R000008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,800
  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,754

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.8
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1992.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.8
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1992.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 2
  • Heat System:Radiant: Yes
  • Income Expenses Gross Income: 20400.0
  • Income Expenses Operating Expenses: 7800.0
  • Parking:On Site2: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Furnace: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34848.0
  • Parcel #: SANF-000031C-R000008
  • Zoning: Res

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20400.0
  • Annual Operating Expense: 7800.0

Tax Info

  • Tax Annual Amount: 3754.0
  • Tax Book Number: 000
  • Tax Lot: 31C
  • Tax Map Number: R8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2025
Sold by
Bitetti James L
Bought by
Bitetti Anthony J and Bitetti James L
Current Estimated Value
$383,767

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 3, 2021
Sold by
Thornton Jeffrey and Thornton Emily
Bought by
Bitetti James L
Seller's Agent
Oscar Stone
Stone Agency, Inc.
Buyer's Agent
Adam Hedio
Coldwell Banker Realty
List Price
$249,900
Sold Price
$235,900
Premium/Discount to List
-$14,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$227,818
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 1, 2017
Closed on
Jul 31, 2017
Sold by
Beauchesne Mark
Bought by
Thornton Emily J and Thornton Jeffrey W
Seller's Agent
Nancy Wakefield
Town Square Realty Group
Buyer's Agent
Oscar Stone
Stone Agency, Inc.
List Price
$169,000
Sold Price
$151,000
Premium/Discount to List
-$18,000
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$113,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2015
Closed on
Oct 7, 2015
Sold by
Panunzio Robert A and Parisella Joseph
Bought by
Beauchesne Mark
Seller's Agent
Brian Samia
Century 21 North East
Buyer's Agent
Nancy Wakefield
Real Estate 2000 ME/NH
List Price
$139,900
Sold Price
$100,000
Premium/Discount to List
-$39,900
-28.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.57%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bitetti Anthony J -- None Available
Bitetti Anthony J -- None Available
Bitetti James L -- None Available
Bitetti James L -- None Available
Thornton Emily J -- --
Thornton Emily J -- --
Beauchesne Mark -- --
Beauchesne Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bitetti James L $227,818
Previous Owner Thornton Emily J $113,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $235,900 -5.6% $118 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $249,900 +65.5% $125 / Sq Ft
07/28/2017 07/28/17 Sold $151,000 -10.7% $76 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $169,000 +69.0% $85 / Sq Ft
10/05/2015 10/05/15 Sold $100,000 -28.5% $50 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $139,900 -- $70 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,376 $271,100 $46,200 $224,900
2023 $3,988 $263,400 $46,200 $217,200
2022 $3,898 $263,400 $46,200 $217,200
2021 $3,558 $195,700 $46,200 $149,500
2020 $3,754 $186,200 $46,200 $140,000
2019 $3,331 $160,900 $46,200 $114,700
2018 $3,321 $160,900 $46,200 $114,700
2017 $3,337 $160,900 $46,200 $114,700
2016 $3,243 $142,600 $46,200 $96,400
2015 $3,321 $150,700 $54,300 $96,400
2014 $3,425 $147,800 $55,700 $92,100
2013 -- $158,400 $55,700 $102,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1498231

Maine Listings

APN: SANF-000031C-R000008