NOT LISTED FOR SALE

107 Lake St Auburn, ME 04210

Estimated Value: $317,000 - $360,000

-- Bed
2 Baths
2,314 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $230,000 $99 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,209/month

2 Days on Market

Highlights

  • Deck
  • No HOA
  • Landscaped
  • Wood Flooring
  • Porch
  • Baseboard Heating

About This Home

As of May 2021

What an investment opportunity! Extremely well-kept 2 unit with lots of parking, in a great location, and close to schools. Both 2 bedroom units are open-concept with recessed lighting, hardwood floors, arches. 1st floor apartment has a large bathroom and has been updated. A back deck, front porch, natural gas heat and hot water as well as a 1/2 bath in the basement makes this the one that you don't want to miss!

Last Agent to Sell the Property

Pat Long-Cressey

Fontaine Family-The Real Estate Leader Listed on: 04/20/2021

Last Buyer's Agent

Cameron Gagne

Tim Dunham Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,836

Year Built

  • Built in 1914

Lot Details

  • 4,356 Sq Ft Lot
  • Landscaped
  • Level Lot

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,314 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Basement

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

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 147
  • Assessor Parcel Number AUBN-000249-000000-000147

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,476
  • Gross Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,836

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Take Court Street to top of hill, take right onto Lake Street
  • Above Grade Finished Sq Ft: 2314.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1914
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 79.95
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2314.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 22200.0
  • Income Expenses Operating Expenses: 6476.0
  • Style:Multi-Level: Yes
  • Heat System:Radiator: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: What an investment opportunity! Extremely well-kept 2 unit with lots of parking, in a great location, and close to schools. Both 2 bedroom units are open-concept with recessed lighting, hardwood floors, arches. 1st floor apartment has a large bathroom and has been updated. A back deck, front porch, natural gas heat and hot water as well as a 1/2 bath in the basement makes this the one that you don't want to miss! Call Pat Long-Cressey @ 207-212-9541 for more information.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck, Porch
  • Roof: Flat, Other
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, 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: 4356.0
  • Parcel #: AUBN-000249-000000-000147
  • Zoning: Urban Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22200.0
  • Annual Operating Expense: 6476.0

Tax Info

  • Tax Annual Amount: 3836.0
  • Tax Lot: 147
  • Tax Year: 2019

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $230,000 +24.3% $99 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $185,000 -- $80 / 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 $4,888 $219,700 $26,300 $193,400
2023 $4,457 $195,900 $23,400 $172,500
2022 $3,736 $164,200 $19,500 $144,700
2021 $3,947 $165,700 $19,500 $146,200
2020 $3,836 $161,500 $19,500 $142,000
2019 $3,836 $161,500 $19,500 $142,000
2018 $3,824 $161,500 $19,500 $142,000
2017 $3,713 $161,500 $19,500 $142,000
2016 $3,610 $161,500 $19,500 $142,000
2015 $3,432 $161,500 $19,500 $142,000
2013 -- $161,200 $19,500 $141,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1488404

Maine Listings

APN: AUBN-000249-000000-000147