NOT LISTED FOR SALE

42 Reservoir Hill Rd Parsonsfield, ME 04047

Parsonsfield Neighborhood

Estimated Value: $359,000

-- Bed
2 Baths
-- Sq Ft
2.58 Acres

Last Sold March 09, 2018

Last sale price $150,000

Est. 139% increase in value since last sale

Current estimated payment $2,205/month

150 Days on Market

Highlights

  • 2.58 Acre Lot
  • Wooded Lot
  • Tile Flooring
  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of March 2018

Opportunity knocks! Let your tenant pay your mortgage on this 1990's 2 unit on a dead end street near village center. Unoccupied unit has been completely remodeled with new kitchen cabinets and appliances, new bath, and new flooring throughout. Located on quiet, dead end street with convenient access to Rt. 25. PROPERTY HAS ENJOYED FULL RENTAL HISTORY FOR 10 YEARS.

Last Listed By

Bradley Perkins

Bean Group Listed on: 08/29/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,858

Year Built

  • Built in 1991

Lot Details

  • 2.58 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 1-1
  • Assessor Parcel Number PARS-000001R-000000-000001-000001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,858

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.58
  • Road Frontage Type: Private
  • Co List Office Mls Id: 2868
  • Co List Office Phone: 207-839-4141
  • MLS Status: Closed
  • Directions: Route 25 West to Parsonsfield, left onto Elm , go approx .8 miles to left on Reservoir Hill Rd, follow to the end
  • Architectural Style: Colonial
  • Year Built: 1991
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 2.58
  • Property Information:Total Baths: 2.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Property Information:Number of Units: 2
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Tile, Carpet

Exterior Features

  • Lot Features: Wooded, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 112384.8
  • Parcel #: PARS-000001R-000000-000001-000001
  • Zoning: res

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1858.0
  • Tax Book Number: 14306
  • Tax Lot: 1-1
  • Tax Map Number: R-1
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2018
Sold by
Gleason Nicole O and Gleason Clay A
Bought by
42 Reservoir Hill Road T and Gleason
Total Days on Market
150
Current Estimated Value
$359,000

Purchase Details

Closed on
Sep 29, 2018
Sold by
Gleason Nicole O and Gleason Clay A
Bought by
42 Reservoir Hill Road T and Gleason

Purchase Details

Listed on
Aug 29, 2017
Closed on
Mar 9, 2018
Sold by
Morrissey John M
Bought by
Gleason Clay A and Gleason Nicole O
Seller's Agent
Bradley Perkins
Bean Group
Buyer's Agent
Cathy Fifield
Keller Williams Realty
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$112,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
42 Reservoir Hill Road T -- --
42 Reservoir Hill Road T -- --
Gleason Clay A -- --
Gleason Clay A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gleason Clay A $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $150,000 -5.7% --
01/27/2018 01/27/18 Pending -- -- --
08/29/2017 08/29/17 For Sale $159,000 -- --
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 $2,566 $152,753 $43,370 $109,383
2023 $2,451 $151,296 $43,370 $107,926
2022 $2,345 $151,296 $43,370 $107,926
2021 $2,338 $151,296 $43,370 $107,926
2020 $2,292 $151,296 $43,370 $107,926
2019 $2,254 $151,296 $43,370 $107,926
2017 $1,858 $124,680 $43,370 $81,310
2016 $1,858 $124,680 $43,370 $81,310
2015 $1,870 $124,680 $43,370 $81,310
2013 $1,820 $124,680 $43,370 $81,310
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bradley Perkins

    Bean Group

  • Y

    Seller Co-Listing Agent in 2018

    Yolanda Mills

    Bean Group

  • Cathy Fifield

    Buyer's Agent in 2018

    Cathy Fifield

    Keller Williams Realty

    (207) 879-9800

    147 Total Sales

    Cathy Fifield
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Map

Source: Maine Listings

MLS Number: 1324030

Maine Listings

APN: PARS-000001R-000000-000001-000001

Maine York County Parsonsfield 04047 Parsonsfield

42 Reservoir Hill Rd, Parsonsfield, ME

Homes for Sale in Parsonsfield, ME

This home is located at 42 Reservoir Hill Rd, Parsonsfield, ME 04047 since 29 August 2017 and is currently estimated at $359,000. This property was built in 1991. 42 Reservoir Hill Rd is a home located in York County.

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