NOT LISTED FOR SALE

8 Priest Hill Rd Vassalboro, ME 04989

Estimated Value: $236,000 - $301,920

2 Beds
4 Baths
3,250 Sq Ft
$83/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $230,000 $71 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,688/month

135 Days on Market

Highlights

  • Public Beach
  • Main Floor Bedroom
  • Corner Lot
  • Colonial Architecture
  • Attic
  • No HOA

About This Home

As of December 2021

4 unit in Vassalboro available! Each unit has 2 bedrooms with all the same layout. Currently full. Plenty of parking. Low maintenance w/ metal roof, vinyl siding, all units have nice decks, separate laundry room with coin operated laundry. This building has been extremely well maintained, nice investment property or owner occupied. Great location! Central to Augusta, Waterville and Winslow. Also close to the police academy. Schedule a showing today!

Last Agent to Sell the Property

Heidi Witham

Hoang Realty Listed on: 06/21/2021

Last Buyer's Agent

Rylee Knox

EXP Realty

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,422

Lot Details

  • 7,841 Sq Ft Lot
  • Public Beach
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,250 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Attic

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Parking

  • Gravel Driveway
  • On-Site Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number VASS-000023-000000-000032

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $10,132
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,422

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Western Ave in Augusta, Take US-201 N/Riverside Dr to Oak Grove Rd in Vassalboro. Turn right onto Oak Grove Rd. Continue onto Priest Hill Rd. Home will be on the left. Look for sign.
  • Above Grade Finished Sq Ft: 3250.0
  • Architectural Style: Colonial, Multi-Level
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Building Stories: 3
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3250.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 31200.0
  • Income Expenses Operating Expenses: 10132.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Amenities:Attic: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water Heater:Oil2: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Foundation Materials:Granite2: Yes
  • Building Info:_pound_ Floors3: 3
  • Amenities:Laundry - Coin: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Dirt Floor, Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Intown, Near Public Beach, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • 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: 7840.8
  • Parcel #: VASS-000023-000000-000032
  • Zoning: No zoning

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 31200.0
  • Annual Operating Expense: 10132.0

Tax Info

  • Tax Annual Amount: 2422.0
  • Tax Book Number: 12583
  • Tax Lot: 32
  • Tax Map Number: 23
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Dec 22, 2021
Sold by
Giampetruzzi Michael D
Bought by
Bennett Joel J
Seller's Agent
Heidi Witham
Hoang Realty
Buyer's Agent
Rylee Knox
EXP Realty
List Price
$300,000
Sold Price
$230,000
Premium/Discount to List
-$70,000
-23.33%
Current Estimated Value
$268,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,960
Avg. Annual Appreciation
3.54%
Original Mortgage
$204,700
Outstanding Balance
$190,284
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$71,249

Purchase Details

Listed on
Jan 12, 2017
Closed on
Apr 20, 2017
Sold by
Jim Mitchell
Bought by
Giampetruzzi Michael D
Seller's Agent
Hoa Hoang
Hoang Realty
Buyer's Agent
Heidi Witham
Hoang Realty
List Price
$148,800
Sold Price
$135,000
Premium/Discount to List
-$13,800
-9.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%
Original Mortgage
$108,000
Interest Rate
4.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Bennett Joel J -- None Available
Giampetruzzi Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bennett Joel $65,000
Open Bennett Joel J $204,700
Previous Owner Giampetruzzi Michael D $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $230,000 -23.3% $71 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $300,000 +122.2% $92 / Sq Ft
04/18/2017 04/18/17 Sold $135,000 -9.3% $42 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $148,800 -- $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 $2,699 $202,500 $16,600 $185,900
2023 $2,576 $202,500 $16,600 $185,900
2022 $2,431 $168,800 $13,900 $154,900
2021 $2,444 $168,800 $13,900 $154,900
2020 $2,422 $168,800 $13,900 $154,900
2019 $2,370 $151,900 $12,500 $139,400
2018 $2,347 $151,900 $12,500 $139,400
2017 $2,210 $151,900 $12,500 $139,400
2016 $2,134 $151,900 $12,500 $139,400
2015 $2,081 $151,900 $12,500 $139,400
2014 $1,944 $151,900 $12,500 $139,400
2013 $1,882 $168,000 $13,900 $154,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1497272

Maine Listings

APN: VASS-000023-000000-000032