Jacqueline Nedwell
Town & Shore Real Estate
(207) 618-9460
82 Total Sales
1 in Augusta
$161,000 Price
516 Eight Rod Rd Augusta, ME 04330
Augusta Area
--
Bed
4
Baths
3,936
Sq Ft
1.04
Acre Lot
Highlights
- 1.04 Acre Lot
- Wood Flooring
- Patio
- Deck
- No HOA
- Zoned Heating
About This Home
As of March 2026Live in one unit while the others help pay your mortgage! Beautifully maintained 4-unit property featuring a new roof, updated heating system, and clean, move-in ready apartments. This is a rare opportunity to step into homeownership with built-in rental income -- ideal for buyers looking to offset living costs or create long-term financial stability. Instead of paying rent, occupy one apartment and collect income from the remaining units. The property offers strong existing rents, comfortable layouts, and low-maintenance major systems already completed, making the transition to multi-unit ownership simple and approachable. Perfect for owner-occupants, first-time buyers, or anyone looking to combine housing and investment in one property. Convenient location close to shopping, services, and commuting routes. Start building equity while tenants help cover expenses -- a smart alternative to traditional homeownership.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,915
Year Built
- Built in 1982
Lot Details
- 1.04 Acre Lot
- Property fronts a freeway
Parking
- 2 Car Garage
Home Design
- Shingle Roof
- Metal Roof
Interior Spaces
- 4 Full Bathrooms
- Multi-Level Property
- Interior Basement Entry
Flooring
- Wood
- Carpet
- Luxury Vinyl Tile
- Vinyl
Outdoor Features
- Deck
- Patio
Utilities
- No Cooling
- Zoned Heating
- Baseboard Heating
- Hot Water Heating System
- Private Water Source
- Well
- 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 $11,413
- Gross Income $62,820
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2026
Closed on
Mar 27, 2026
Sold by
Bought by
Seller's Agent
Maryea Curtis
The Flaherty Group
Buyer's Agent
Maryea Curtis
The Flaherty Group
List Price
$538,000
Sold Price
$520,000
Premium/Discount to List
-$18,000
-3.35%
Views
12
Purchase Details
Listed on
May 7, 2021
Closed on
Jun 24, 2021
Sold by
Bought by
Seller's Agent
Bill Logan
Brookewood Realty
Buyer's Agent
Maryea Curtis
The Flaherty Group
List Price
$459,000
Sold Price
$386,000
Premium/Discount to List
-$73,000
-15.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$377,241
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 6, 2020
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Augusta, ME
-
Jacqueline Nedwell
-
Michael Hamilton
Michael Hamilton
Keller Williams Realty
(207) 962-1250
272 Total Sales
2 in Augusta
$190K - $320K Price Range
-
Dustin Mallar
Dustin Mallar
Maine Source Realty
(207) 705-0663
72 Total Sales
1 in Augusta
$249,900 Price
-
Jennifer Whitehead
Jennifer Whitehead
Dream Home Realty LLC
(207) 464-2499
125 Total Sales
2 in Augusta
$243K - $273K Price Range
-
Sarah Cotnoir
Sarah Cotnoir
LAER
(207) 707-3457
59 Total Sales
10 in Augusta
$175K - $425K Price Range
-
Anna Moskowitz
Anna Moskowitz
Hoang Realty
(207) 707-1449
30 Total Sales
7 in Augusta
$60K - $444K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $520,000 | -- | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $377,241 | FHA |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/27/2026 03/27/26 | Sold | $520,000 | -3.3% | $132 / Sq Ft | |
| 03/12/2026 03/12/26 | Pending | -- | -- | -- | |
| 03/01/2026 03/01/26 | For Sale | $538,000 | +39.4% | $137 / Sq Ft | |
| 06/24/2021 06/24/21 | Sold | $386,000 | -15.9% | $98 / Sq Ft | View Prior Sale |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,915 | $242,400 | $41,800 | $200,600 |
| 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
-
Maryea Curtis
M
Seller's Agent in 2026
Maryea Curtis
The Flaherty Group
(207) 650-5434
40 Total Sales
-
Bill Logan
Seller's Agent in 2021
Bill Logan
Brookewood Realty
(207) 458-5600
23 Total Sales
Map
Source: Maine Listings
MLS Number: 1652957
APN: AUGU 00002-0149A-00000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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