NOT LISTED FOR SALE

649 Oak Grove Rd Vassalboro, ME 04989

Estimated Value: $207,349 - $309,000

3 Beds
4 Baths
2,700 Sq Ft
$92/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $155,000 $57 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,500/month

3 Days on Market

Highlights

  • No HOA
  • Carpet
  • Heating System Uses Gas
  • Open Lot

About This Home

As of December 2021

Here's your opportunity to buy and/or owner occupy this income producing 4 unit in town Vassalboro. All units are currently occupied and bringing in great income. Unit 1 was completely renovated in 2019. With newer rennei heaters in each unit, maintenance is low key.

Last Agent to Sell the Property

Lindsey Brann

Integrity Homes Real Estate Group, PC Listed on: 10/29/2021

Last Buyer's Agent

Donna DeMarsh

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1879

Lot Details

  • 6,970 Sq Ft Lot
  • Rural Setting
  • Open Lot

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,700 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Brick Basement
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number VASS-000023-000000-000073

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $23,253
  • Gross Income $39,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,540

Year Built

Built in 1879

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly.
  • Above Grade Finished Sq Ft: 2700.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1879
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2700.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 39900.0
  • Income Expenses Operating Expenses: 23253.0
  • Style:Multi-Level: Yes
  • Basement:Dirt Floor: Yes
  • Basement:BrickMortar: Yes
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Dirt Floor, Walk-Out Access, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Carpet

Exterior Features

  • Lot Features: Open Lot, Intown, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 6969.6
  • Parcel #: VASS-000023-000000-000073
  • Zoning: Multi

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 39900.0
  • Annual Operating Expense: 23253.0

Tax Info

  • Tax Annual Amount: 1540.0
  • Tax Book Number: 13330
  • Tax Lot: 73
  • Tax Map Number: 23
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 30, 2021
Sold by
Gaulin Kevin B
Bought by
Malloy Ashley and Malloy Stephen
Seller's Agent
Lindsey Brann
Integrity Homes Real Estate Group, PC
Buyer's Agent
Donna DeMarsh
Coldwell Banker Realty
List Price
$169,000
Sold Price
$155,000
Premium/Discount to List
-$14,000
-8.28%
Current Estimated Value
$249,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,587
Avg. Annual Appreciation
13.82%
Original Mortgage
$124,000
Outstanding Balance
$116,396
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,191

Purchase Details

Listed on
Jun 13, 2019
Closed on
Sep 10, 2019
Sold by
Antonick Linda L
Bought by
Gaulin Kevin B
Seller's Agent
Richard Caron
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Kevin Gaulin
New England Realty Group LLC
List Price
$82,400
Sold Price
$79,500
Premium/Discount to List
-$2,900
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.51%
Original Mortgage
$63,600
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

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
Malloy Ashley $155,000 None Available
Gaulin Kevin B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malloy Ashley $124,000
Previous Owner Gaulin Kevin B $63,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $155,000 -8.3% $57 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $169,000 +112.6% $63 / Sq Ft
09/10/2019 09/10/19 Sold $79,500 -3.5% $44 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $82,400 -- $46 / 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 $1,717 $128,800 $16,200 $112,600
2023 $1,638 $128,800 $16,200 $112,600
2022 $1,545 $107,300 $13,500 $93,800
2021 $1,554 $107,300 $13,500 $93,800
2020 $1,540 $107,300 $13,500 $93,800
2019 $1,509 $96,700 $12,200 $84,500
2018 $1,494 $96,700 $12,200 $84,500
2017 $1,407 $96,700 $12,200 $84,500
2016 $1,359 $96,700 $12,200 $84,500
2015 $1,325 $96,700 $12,200 $84,500
2014 $1,238 $96,700 $12,200 $84,500
2013 $1,202 $107,300 $13,500 $93,800
Source: Public Records

Agents Affiliated with this Home

  • Lindsey Brann

    Seller's Agent in 2021

    Lindsey Brann

    Integrity Homes Real Estate Group, PC

    (207) 441-9317

    4 in this area

    140 Total Sales

    Lindsey Brann
    Section Image

  • D

    Buyer's Agent in 2021

    Donna DeMarsh

    Coldwell Banker Realty

    (207) 491-4228

    4 in this area

    52 Total Sales

    Donna DeMarsh
    Section Image

  • R

    Seller's Agent in 2019

    Richard Caron

    Berkshire Hathaway HomeServices Northeast Real Estate

    Section Image

  • K

    Buyer's Agent in 2019

    Kevin Gaulin

    New England Realty Group LLC

    (207) 289-2336

    2 Total Sales

    Kevin Gaulin
    Section Image
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Map

Source: Maine Listings

MLS Number: 1513527

Maine Listings

APN: VASS-000023-000000-000073

Maine Kennebec County Vassalboro 04989

649 Oak Grove Rd, Vassalboro, ME

This home is located at 649 Oak Grove Rd, Vassalboro, ME 04989 since 29 October 2021 and is currently estimated at $249,587, approximately $92 per square foot. This property was built in 1879. 649 Oak Grove Rd is a home located in Kennebec County with nearby schools including Vassalboro Community School, Temple Academy, and St John Catholic School.

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.

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