NOT LISTED FOR SALE

516 Eight Rod Rd Augusta, ME 04330

5 Beds
4 Baths
3,936 Sq Ft
1.04 Acres

Last Sold June 24, 2021

Last sale price $386,000 $98 Per Sq Ft

63 Days on Market

Highlights

  • 1.04 Acre Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Deck
  • No HOA
  • Baseboard Heating

About This Home

As of June 2021

Augusta ~ Great opportunity with this 4 Unit property. Perfect set up for owner to occupy and rent out the other 3 units for income!
Rural location yet close to shopping and the interstate.

Last Agent to Sell the Property

Bill Logan

Brookewood Realty Listed on: 05/07/2021

Last Buyer's Agent

Maryea Curtis

The Flaherty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,076

Year Built

  • Built in 1982

Lot Details

  • 1.04 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • Multi-Level Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 149A
  • Assessor Parcel Number AUGU-000002-000149A

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $14,000
  • Gross Income $17,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,076

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.04
  • MLS Status: Closed
  • Directions: From Augusta take Old Belgrade Road to Eight Rod Rd. Property approximately 2.5 Miles
  • Above Grade Finished Sq Ft: 2910.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1982
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 133.99
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.04
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2910.0
  • Property Information:SqFt Finished Below Grade: 1026.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 17000.0
  • Income Expenses Operating Expenses: 14000.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Advertising Remarks:Advertising Remarks: Augusta ~ Great opportunity with this 4 Unit property. Perfect set up for owner to occupy and rent out the other 3 units for income! Rural location yet close to shopping and the interstate.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full
  • Full Bathrooms: 4
  • Below Grade Sq Ft: 1026.0
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Near Turnpike/Interstate, Near Town, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Metal, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 45302.4
  • Parcel #: AUGU-000002-000149A
  • Zoning: RRes

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 17000.0
  • Annual Operating Expense: 14000.0

Tax Info

  • Tax Annual Amount: 5076.0
  • Tax Lot: 149A
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2021 06/24/21 Sold $386,000 -15.9% $98 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $459,000 -- $117 / Sq Ft
Source: Maine Listings

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 $5,769 $242,400 $41,800 $200,600
2023 $5,566 $242,400 $41,800 $200,600
2022 $5,313 $242,400 $41,800 $200,600
2021 $5,076 $242,400 $41,800 $200,600
2020 $5,076 $242,400 $41,800 $200,600
2019 $5,083 $242,400 $41,800 $200,600
2018 $4,598 $242,400 $41,800 $200,600
2017 $4,940 $242,400 $41,800 $200,600
2016 $4,797 $242,400 $41,800 $200,600
2015 $4,703 $242,400 $41,800 $200,600
2014 $4,526 $242,400 $41,800 $200,600
Source: Public Records

Agents Affiliated with this Home

  • Bill Logan

    Seller's Agent in 2021

    Bill Logan

    Brookewood Realty

    (207) 458-5600

    4 in this area

    38 Total Sales

    Bill Logan
    Section Image

  • M

    Buyer's Agent in 2021

    Maryea Curtis

    The Flaherty Group

    (207) 650-5434

    3 in this area

    46 Total Sales

    Maryea Curtis
    Section Image
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Map

Source: Maine Listings

MLS Number: 1483485

Maine Listings

APN: AUGU 00002-0149A-00000

Maine Kennebec County Augusta 04330

516 Eight Rod Rd, Augusta, ME

Not Listed for Sale

MultiFamily

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