$330,000
SOLD SEP 20, 2024
-- Bed
2 Baths
1,504 Sq Ft
0.27 Acres

Recently Sold

$219 Per Sq Ft

10% Above List Price

8 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Deck
  • New Englander Architecture
  • River Nearby
  • Wood Flooring
  • Main Floor Bedroom

About This Home

As of September 2024

A well maintained 2 family home, located on the Androscoggin River in the New Auburn section. Both units have been recently renovated. The first-floor unit has 3 bedrooms, functional kitchen, new appliances and a well-defined living room. The second floor has 3 bedrooms, a sizable kitchen, and older appliances. You will find hardwood floors, luxury vinyl, carpet, throughout and tile in the bathroom. Both units have their own separate electric panel, hot water heater, and gas service meters. The deck can be shared by both units, yet there is a direct entry point from the first-floor apartment. There is also 160 feet of waterfront along the river. The yard is fenced in around the deck. When fully rented, the seller says the market rent for the first floor may by $2000 per month and the second-floor unit for $1800. There is a separate entrance to the basement, which is unfinished. Seller Concessions Available.

Last Agent to Sell the Property

Martin Norton

Keller Williams Realty Brokerage Phone: 207-232-6127 Listed on: 08/22/2024

Keller Williams Realty

Last Buyer's Agent

Magnifique Butoto

The Maine Real Estate Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,764

Year Built

  • Built in 1920

Lot Details

  • 0.27 Acre Lot
  • 160 Feet of Waterfront
  • River Front
  • Level Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,504 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • River Nearby
  • Deck
  • Shed

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number AUBN-000221-000000-000069

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,724
  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,764

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Water Body Name: Androscoggin River
  • MLS Status: Closed
  • Directions: From Rt 202 take High St to right on Academy St, right on Rt 136. Take 2nd Newbury St entrance on left. House is on right. GPS friendly.
  • Above Grade Finished Sq Ft: 1504.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1920
  • Attribution Contact: 207-232-6127
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.27
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1504.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 45600.0
  • Income Expenses Operating Expenses: 5724.0
  • Exterior:Wood Siding: Yes
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Water Info:Waterfront Amount -: 160.0
  • Water Info:Water Frontage Owned -: 160.0
  • Equipment:Internet Access Available: Yes
  • View:Scenic: Yes
  • Heat System:Radiator: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Other Equipment: Internet Access Available
  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Turnpike/Interstate, Neighborhood
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator, Multi-Zones
  • 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: 11761.2
  • Parcel #: AUBN-000221-000000-000069
  • Zoning: T 4.2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 45600.0
  • Annual Operating Expense: 5724.0

Tax Info

  • Tax Annual Amount: 2764.0
  • Tax Book Number: 10702
  • Tax Lot: 69
  • Tax Map Number: 221
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Sep 20, 2024
Sold by
Raad Rusul A
Bought by
Mutesi Peace
Seller's Agent
Martin Norton
Keller Williams Realty
Buyer's Agent
Magnifique Butoto
The Maine Real Estate Experience
List Price
$299,900
Sold Price
$330,000
Premium/Discount to List
$30,100
10.04%
Views
35
Current Estimated Value
$326,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,969
Avg. Annual Appreciation
1.78%
Original Mortgage
$324,022
Outstanding Balance
$321,640
Interest Rate
4.95%
Mortgage Type
FHA
Estimated Equity
$13,358

Purchase Details

Closed on
Mar 25, 2021
Sold by
Naser Audai
Bought by
Raad Rusul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,826
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 24, 2017
Closed on
Jun 22, 2017
Sold by
Us Bank Na Tr
Bought by
Naser Audai
Seller's Agent
Crystal Fontaine-Bergeron
Fontaine Family-The Real Estate Leader
Buyer's Agent
Ashraf Eldeknawey
Century 21 North East
List Price
$59,900
Sold Price
$44,000
Premium/Discount to List
-$15,900
-26.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.36%

Purchase Details

Closed on
Feb 21, 2017
Sold by
Paquette Jennifer S and Us Bank Na
Bought by
Us Bank Na Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $330,000 None Available
Warranty Deed $330,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Not Resolvable -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,022 FHA
Closed $324,022 FHA
Previous Owner $117,826 FHA
Previous Owner $74,400 Stand Alone Refi Refinance Of Original Loan
Previous Owner $17,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $330,000 +10.0% $219 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $299,900 +581.6% $199 / Sq Ft
06/15/2017 06/15/17 Sold $44,000 -26.5% $29 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $59,900 -- $40 / 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 $3,039 $136,600 $35,100 $101,500
2023 $2,764 $121,500 $31,200 $90,300
2022 $2,307 $101,400 $26,000 $75,400
2021 $2,415 $101,400 $26,000 $75,400
2020 $2,356 $99,200 $26,000 $73,200
2019 $2,356 $99,200 $26,000 $73,200
2018 $2,349 $99,200 $26,000 $73,200
2017 $2,281 $99,200 $26,000 $73,200
2016 $2,217 $99,200 $26,000 $73,200
2015 $2,108 $99,200 $26,000 $73,200
2013 $2,027 $99,200 $26,000 $73,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1601263

Maine Listings

APN: AUBN-000221-000000-000069