NOT LISTED FOR SALE

Estimated Value: $332,000 - $366,000

5 Beds
3 Baths
2,777 Sq Ft
$127/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $350,000 $126 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,251/month

15 Days on Market

Highlights

  • Barn
  • 1 Fireplace
  • Screened Porch
  • Wood Flooring
  • No HOA
  • Bathtub

About This Home

As of July 2024

Investors take note! Come see this great three-unit in downtown Auburn at 11 Pearl Street. Units 1 + 2 are both spacious two bedroom, one bath apartments that have been recently updated with new flooring, bathrooms, fixtures, paint and more. The third floor unit features one bedroom and one bathroom. Property highlights include plenty of parking, a unique two story barn for storage, flat grassy yard, fantastic location - walkable to Hannaford and easy access to I-95. There's also a large basement with an on demand hot water heater, three natural gas boilers, and separate electric meters. This property not only offers immediate rental income, but also promises long-term value given its desirable location and recent updates. Back on market due to financing issue. Open House Saturday June 15th from 12-1:30pm.

Last Agent to Sell the Property

Margaret Ellis

Portside Real Estate Group Listed on: 06/12/2024

Last Buyer's Agent

Cindy Olsen

Locations Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,620

Year Built

  • Built in 1878

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Asbestos Siding
  • Asbestos
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,777 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Screened Porch

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • Tandem Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Water Heated On Demand
  • Internet Available

Additional Features

  • City Lot
  • Barn

Listing and Financial Details

  • Tax Lot 158
  • Assessor Parcel Number AUBN-000240-000000-000158

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $12,701
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,620

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Minot St or Union St to Hampshire St, left on Pearl St. Building on the left.
  • Above Grade Finished Sq Ft: 2777.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1878
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2777.0
  • Property Information:Garage: No
  • Site:Level: 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
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Storage: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 42000.0
  • Income Expenses Operating Expenses: 12701.0
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Gas:Natural - At Street: Yes
  • Basement:BrickMortar: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Exterior:Asbestos: Yes
  • Parking:Tandem2: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Other Structures Barn2: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Brick/Mortar, Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl
  • Interior Amenities: Bathtub, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Asbestos, Wood Frame
  • Foundation Details: Block, Concrete Perimeter, Brick/Mortar
  • Other Structures: Barn
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street, Tandem

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: AUBN-000240-000000-000158
  • Zoning: T4.2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 42000.0
  • Annual Operating Expense: 12701.0

Tax Info

  • Tax Annual Amount: 3620.0
  • Tax Book Number: 11576
  • Tax Lot: 158
  • Tax Map Number: 240
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2021
Sold by
Nailor Adam
Bought by
Nailor Adam and Nailor Cassandra H
Current Estimated Value
$352,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jun 7, 2018
Sold by
Poulin Anthony J and Poulin Renee M
Bought by
Nailor Adam
Seller's Agent
Sue Meservier
Bean Group
Buyer's Agent
Anthony Poulin
Bean Group
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%
Original Mortgage
$137,365
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2013
Sold by
Poulin Renee M
Bought by
Poulin Renee M and Poulin Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,250
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 15, 2011
Closed on
Apr 4, 2012
Sold by
Auburn Housing Dev Corp
Bought by
Poulin Renee M
Seller's Agent
Angela Lee
Keller Williams Realty
Buyer's Agent
Sue Meservier
Bean Group
List Price
$79,000
Sold Price
$74,000
Premium/Discount to List
-$5,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.11%

Purchase Details

Closed on
Aug 18, 2008
Sold by
Darragh Robert J and Aurora Loan Services Llc
Bought by
Aurora Loan Services Llc
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
Nailor Adam -- None Available
Nailor Adam -- None Available
Nailor Adam -- --
Nailor Adam -- --
Poulin Renee M -- --
Poulin Renee M -- --
Poulin Renee M -- --
Aurora Loan Services Llc -- --
Aurora Loan Services Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nailor Adam $84,000
Closed Nailor Adam $84,000
Previous Owner Nailor Adam $133,000
Previous Owner Nailor Adam $137,365
Previous Owner Poulin Renee M $80,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $350,000 +6.1% $126 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $330,000 0.0% $119 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $330,000 +135.9% $119 / Sq Ft
06/07/2018 06/07/18 Sold $139,900 0.0% $50 / Sq Ft
04/25/2018 04/25/18 For Sale $139,900 +89.1% $50 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
03/30/2012 03/30/12 Sold $74,000 -6.3% $28 / Sq Ft
02/10/2012 02/10/12 Pending -- -- --
06/24/2011 06/24/11 For Sale $79,000 -- $30 / 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 $3,969 $178,400 $28,400 $150,000
2023 $3,620 $159,100 $25,300 $133,800
2022 $3,033 $133,300 $21,100 $112,200
2021 $3,301 $138,600 $21,100 $117,500
2020 $3,211 $135,200 $21,100 $114,100
2019 $3,211 $135,200 $21,100 $114,100
2018 $3,202 $135,200 $21,100 $114,100
2017 $3,000 $130,500 $21,100 $109,400
2016 $2,917 $130,500 $21,100 $109,400
2015 $2,773 $130,500 $21,100 $109,400
2013 -- $130,500 $21,100 $109,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1591092

Maine Listings

APN: AUBN-000240-000000-000158