NOT LISTED FOR SALE

10 Pike St Augusta, ME 04330

Estimated Value: $283,000 - $390,000

8 Beds
3 Baths
3,492 Sq Ft
$101/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $158,000 $45 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,072/month

23 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Vinyl Flooring
  • Interior Lot
  • Wood Siding

About This Home

As of June 2018

Augusta West side, conveniently located, recently renovated (2014) 3 unit apartment building plus a separate 2,300 +/- SF "bonus" building all on a nice lot just off Western Avenue. The 3 unit has 900 SF to 1,100 +/- SF, 2-3BR+ BR units. Propane heat and hot water, aluminum siding, large paved parking area. The bonus building could be an excellent two unit. It was recently damaged from a falling tree, and is currently uninhabitable. The 1,300 +/- first floor was/is a lovely 2BR unit w/hardwood floors. The second floor, w/a separate stairway, could be equally as nice but has been unused for a number of years. Wood shingle siding, separate electrical, a full unfinished basement and a modern HWBB oil boiler.

Last Agent to Sell the Property

William Sprague Jr

Sprague & Curtis Real Estate Brokerage Email: bill@spragueandcurtis.com Listed on: 04/16/2018

Last Buyer's Agent

Anna Boucher

Surette Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.34 Acre Lot
  • Interior Lot
  • Level Lot
  • Open Lot

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property

Flooring

  • Laminate
  • Vinyl

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 65-65A

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,271
  • Gross Income $31,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From rotary, up Western Avenue- Pike Street on RIGHT- 2nd building on LEFT- easement access through 1st property.
  • Above Grade Finished Sq Ft: 2424.0
  • Architectural Style: Multi-Level
  • Building Stories: 3
  • Year Built: 1910
  • Attribution Contact: bill@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 45.25
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2424.0
  • Property Information:SqFt Finished Below Grade: 1068.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 31350.0
  • Income Expenses Operating Expenses: 11271.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Parking:Paved3: Yes
  • Basement:Slab2: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Advertising Remarks:Advertising Remarks: Augusta West side, conveniently located, recently renovated (2014) 3 unit apartment building plus a separate 2,300 +/- SF "bonus" building all on a nice lot just off Western Avenue. The 3 unit has 900 SF to 1,100 +/- SF, 2-3BR+ BR units. Propane heat and hot water, aluminum siding, large paved parking area. The bonus building could be an excellent two unit. It was recently damaged from a falling tree, and is currently uninhabitable. The 1,300 +/- first floor was/is a lovely 2BR unit w/hardwood floors. The second floor, w/a separate stairway, could be equally as nice but has been unused for a number of years. Wood shingle siding, separate electrical, a full unfinished basement and a modern HWBB oil boiler.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: None, Other, Not Applicable
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 1068.0
  • Fireplace: No
  • Flooring: Vinyl, Laminate
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Interior Lot, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.4
  • Parcel #: 999999
  • Zoning: RB2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 31350.0
  • Annual Operating Expense: 11271.0

Tax Info

  • Tax Annual Amount: 4720.0
  • Tax Lot: 65-65A
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jul 5, 2018
Sold by
Point Lookout Partners
Bought by
Quality Property Llc
Seller's Agent
William Sprague Jr
Sprague & Curtis Real Estate
Buyer's Agent
Anna Boucher
Surette Real Estate
List Price
$169,000
Sold Price
$158,000
Premium/Discount to List
-$11,000
-6.51%
Current Estimated Value
$352,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,333
Avg. Annual Appreciation
11.21%
Original Mortgage
$120,000
Outstanding Balance
$103,796
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$248,537

Purchase Details

Closed on
Jul 9, 2010
Sold by
Augusta City Of
Bought by
Point Lookout Partner Llc

Purchase Details

Closed on
Sep 16, 2008
Sold by
Ideal Props Llc
Bought by
99 Western Ave Assoc
Source: Public Records
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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
Quality Property Llc -- --
Quality Property Llc -- --
Quality Property Llc -- --
Point Lookout Partner Llc -- --
Point Lookout Partner Llc -- --
99 Western Ave Assoc -- --
99 Western Ave Assoc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quality Property Llc $120,000
Closed Quality Property Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $158,000 -6.5% $45 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $169,000 -- $48 / 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 $2,756 $115,800 $25,700 $90,100
2023 $2,659 $115,800 $25,700 $90,100
2022 $2,538 $115,800 $25,700 $90,100
2021 $2,425 $115,800 $25,700 $90,100
2020 $2,425 $115,800 $25,700 $90,100
2019 $2,428 $115,800 $25,700 $90,100
2018 $2,428 $115,800 $25,700 $90,100
2017 $2,360 $115,800 $25,700 $90,100
2016 $2,292 $115,800 $25,700 $90,100
2015 $2,247 $115,800 $25,700 $90,100
2014 $1,826 $97,800 $25,700 $72,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1345616

Maine Listings

APN: AUGU-000023-000065