$400,000
SOLD JUL 9, 2025

16 Chestnut St Auburn, ME 04210

-- Bed
3 Baths
3,118 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

1% Above List Price

11 Days on Market

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • Carpet
  • No HOA
  • Level Lot

About This Home

As of July 2025

Updated, fully rented 3-unit in great Auburn location.

Maximize your investment portfolio with this well-kept, income generating 3 unit. All units have great rental history and have been maintained professionally. Don't miss your opportunity to secure a property that pays for itself.

Last Agent to Sell the Property

Jonathan Keenan

A Team Realty Listed on: 05/08/2025

Last Buyer's Agent

David Ntawuyirushintege

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,101

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • 3,118 Sq Ft Home
  • Colonial Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Utilities

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

Additional Features

  • 3 Full Bathrooms
  • City Lot

Listing and Financial Details

  • Tax Lot 333
  • Assessor Parcel Number AUBN-000250-000000-000333

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $9,307
  • Gross Income $42,066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,101

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 3118.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3118.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 42065.52
  • Income Expenses Operating Expenses: 9307.05
  • Style:Colonial: Yes
  • Roof:Pitched: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Laminate, Composition, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Level, Intown
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Pitched, Shingle

Garage/Parking

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

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: AUBN-000250-000000-000333
  • Zoning: MFU

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 42065.52
  • Annual Operating Expense: 9307.05

Tax Info

  • Tax Annual Amount: 4101.0
  • Tax Book Number: 9614
  • Tax Lot: 333
  • Tax Map Number: 250
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Jul 9, 2025
Sold by
Hero Homes Llc
Bought by
Bonke Rushimisha
Seller's Agent
Jonathan Keenan
A Team Realty
Buyer's Agent
David Ntawuyirushintege
Keller Williams Realty
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.79%
Original Mortgage
$380,000
Outstanding Balance
$379,682
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$21,738

Purchase Details

Listed on
Feb 24, 2017
Closed on
Jun 13, 2017
Sold by
Jipson Joseph D
Bought by
Hero Homes Llc
Seller's Agent
Jan Jacques
Keller Williams Realty
Buyer's Agent
Kristina Clark
Assist 2 Sell Buyers & Sellers Realty
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.30%
Original Mortgage
$82,500
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2006
Sold by
Randall Road Assoc Llc and Td Banknorth Na
Bought by
Tompkins Ethel M

Purchase Details

Closed on
Jun 16, 2006
Sold by
Randall Road Assoc Llc and Td Banknorth Na
Bought by
Gilbert Lucie
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 $400,000 --
Warranty Deed $400,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Closed $380,000 New Conventional
Previous Owner $1,946,400 Stand Alone Refi Refinance Of Original Loan
Previous Owner $500,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $43,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,027,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,027,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $239,900 Stand Alone Refi Refinance Of Original Loan
Previous Owner $145,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $82,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Sold $400,000 +1.3% $128 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $395,000 +259.1% $127 / Sq Ft
06/08/2017 06/08/17 Sold $110,000 -4.3% $35 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $114,900 -- $37 / 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 $4,101 $184,300 $30,600 $153,700
2023 $3,729 $163,900 $27,200 $136,700
2022 $3,112 $136,800 $22,700 $114,100
2021 $3,216 $135,000 $22,700 $112,300
2020 $3,126 $131,600 $22,700 $108,900
2019 $3,126 $131,600 $22,700 $108,900
2018 $3,116 $131,600 $22,700 $108,900
2017 $3,025 $131,600 $22,700 $108,900
2016 $2,941 $131,600 $22,700 $108,900
2015 $2,797 $131,600 $22,700 $108,900
2013 $2,682 $131,300 $22,700 $108,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1621895

Maine Listings

APN: AUBN-000250-000000-000333