NOT LISTED FOR SALE

10 Melville St Augusta, ME 04330

Augusta Area
5 Beds
6 Baths
3,456 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: February 29, 2024

Last sale price $344,000 $100 Per Sq Ft

49 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Wood Siding
  • No HOA
  • Level Lot

About This Home

As of February 2024

Located in the heart of Augusta and within walking distance to all of the necessities is this well maintained six unit apartment building that would be a great addition to your rental portfolio. All of the units are in great shape along with the common areas, the two end units have been freshened up. There is space to add coin op laundry for additional income in the basement potentially. This property has a great rental history with room to grow the rents and is a solid investment.

Last Agent to Sell the Property

Joel Alexander

NextHome Northern Lights Realty Brokerage Email: joelalexander@masiello.com Listed on: 12/13/2023

NextHome Northern Lights Realty

Co-Listed By

Elizabeth Boulter

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: joelalexander@masiello.com

Last Buyer's Agent

Benjamin Spencer

CORE

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 6 Full Bathrooms
  • 3,456 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Crawl Space

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number AUGU-000027-000076

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $15,567
  • Gross Income $41,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,280

Year Built

Built in 1900

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Co List Office Phone: 207-623-4182
  • MLS Status: Closed
  • Directions: Take State Street to Green Street. Turn onto Melville Street. Property on Right.
  • Above Grade Finished Sq Ft: 3456.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Attribution Contact: joelalexander@masiello.com
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 99.8
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 3456.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Driveway:Common2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 6
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 41250.0
  • Income Expenses Operating Expenses: 15567.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Exterior:Aluminum Siding: Yes
  • Foundation Materials:Granite2: Yes
  • Roof:Membrane: Yes
  • Electric:Fuses: Yes
  • Driveway:Reclaimed: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Located in the heart of Augusta and within walking distance to all of the necessities is this well maintained six unit apartment building that would be a great addition to your rental portfolio. All of the units are in great shape along with the common areas, the two end units have been freshened up. There is space to add coin op laundry for additional income in the basement potentially. This property has a great rental history with room to grow the rents and is a solid investment.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Full, Interior Entry
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Wood, Other, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Right of Way, Intown
  • Waterfront: No
  • Construction Type: Wood Siding, Aluminum Siding, Wood Frame
  • Foundation Details: Granite, Other
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Reclaimed, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses, 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: 5662.8
  • Parcel #: AUGU-000027-000076
  • Zoning: RB2

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 41250.0
  • Annual Operating Expense: 15567.0

Tax Info

  • Tax Annual Amount: 4280.0
  • Tax Lot: 77
  • Tax Year: 2023

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
Dec 13, 2023
Closed on
Feb 29, 2024
Sold by
Bought by
Seller's Agent
Joel Alexander
NextHome Northern Lights Realty
Buyer's Agent
Benjamin Spencer
CORE
List Price
$344,900
Sold Price
$344,000
Premium/Discount to List
-$900
-0.26%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
$344,000 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 Borrower Loan Amount
Open $379,460
Closed $260,000
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
02/29/2024 02/29/24 Sold $344,000 -0.3% $100 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
12/13/2023 12/13/23 For Sale $344,900 -- $100 / 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 $4,548 $186,400 $28,100 $158,300
2024 $4,436 $186,400 $28,100 $158,300
2023 $4,280 $186,400 $28,100 $158,300
2022 $4,086 $186,400 $28,100 $158,300
2021 $3,903 $186,400 $28,100 $158,300
2020 $3,903 $186,400 $28,100 $158,300
2019 $3,909 $186,400 $28,100 $158,300
2018 $3,909 $186,400 $28,100 $158,300
2017 $3,799 $186,400 $28,100 $158,300
2016 $3,689 $186,400 $28,100 $158,300
2015 $3,616 $186,400 $28,100 $158,300
2014 $3,480 $186,400 $28,100 $158,300
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1579108

Maine Listings

APN: AUGU 00027-00077-00000

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