G
Seller's Agent in 2023
Gesine Weller-Jett
4 Maine Realty
(800) 741-1540
6 in this area
96 Total Sales
164 Summer St Auburn, ME 04210
Estimated Value: $400,000 - $574,000
5
Beds
4
Baths
3,085
Sq Ft
$149/Sq Ft
Est. Value
Highlights
- No HOA
- Double Pane Windows
- Tankless Water Heater
- Porch
- Bathtub
- Zoned Heating
About This Home
As of January 2023Amazing investment opportunity for this 4 Unit rental, one 3BR, two 2 BR and one 1 BR apartment. Seller acquired property in 2020 and fully renovated Unit 2 (when tenant moved out) seller added a common laundry for the tenants, seller updated light fixtures and electrical outlets. Extremely well maintained investment property. Great for a full investment or also great as an owner occupied property and let someone else pay your mortgage and make money while doing that. Ample off street parking on the lot.
Last Buyer's Agent
Emily Taylor
RE/MAX Shoreline
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,185
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
- Level Lot
- Open Lot
Home Design
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,085 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Pane Windows
- Washer and Dryer Hookup
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Full Bathrooms
- Bathtub
- Shower Only
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Parking
- Gravel Driveway
- Paved Parking
- On-Site Parking
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- High-Efficiency Furnace
- Baseboard Heating
- Hot Water Heating System
- Tankless Water Heater
- Gas Water Heater
Additional Features
- Porch
- City Lot
Listing and Financial Details
- Tax Lot 124
- Assessor Parcel Number AUBN-000250-000000-000124
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $10,452
- Gross Income $53,736
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2022
Closed on
Jan 3, 2023
Sold by
Huot Properties Llc
Bought by
Bernardo Paula
Seller's Agent
Gesine Weller-Jett
4 Maine Realty
Buyer's Agent
Emily Taylor
RE/MAX Shoreline
List Price
$359,000
Sold Price
$365,000
Premium/Discount to List
$6,000
1.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,034
Avg. Annual Appreciation
8.05%
Original Mortgage
$358,388
Outstanding Balance
$347,324
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$111,710
Purchase Details
Listed on
Oct 15, 2020
Closed on
Jan 29, 2021
Sold by
Robinson Nancy D
Bought by
Huot Properties Llc
Seller's Agent
Gina Letourneau
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Gesine Weller-Jett
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$146,500
Sold Price
$142,000
Premium/Discount to List
-$4,500
-3.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.09%
Original Mortgage
$106,500
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bernardo Paula | $365,000 | None Available | |
| Huot Properties Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bernardo Paula | $358,388 | |
| Previous Owner | Huot Properties Llc | $106,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/03/2023 01/03/23 | Sold | $365,000 | +1.7% | $118 / Sq Ft | |
| 11/09/2022 11/09/22 | Pending | -- | -- | -- | |
| 11/06/2022 11/06/22 | For Sale | $359,000 | +152.8% | $116 / Sq Ft | |
| 01/29/2021 01/29/21 | Sold | $142,000 | -3.1% | $54 / Sq Ft | View Prior Sale |
| 11/12/2020 11/12/20 | Pending | -- | -- | -- | |
| 04/20/2020 04/20/20 | For Sale | $146,500 | -- | $56 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,183 | $188,000 | $35,000 | $153,000 |
| 2023 | $3,802 | $167,100 | $31,100 | $136,000 |
| 2022 | $3,042 | $133,700 | $25,900 | $107,800 |
| 2021 | $3,185 | $133,700 | $25,900 | $107,800 |
| 2020 | $3,097 | $130,400 | $25,900 | $104,500 |
| 2019 | $3,097 | $130,400 | $25,900 | $104,500 |
| 2018 | $3,088 | $130,400 | $25,900 | $104,500 |
| 2017 | $2,998 | $130,400 | $25,900 | $104,500 |
| 2016 | $3,028 | $135,500 | $25,900 | $109,600 |
| 2015 | $2,879 | $135,500 | $25,900 | $109,600 |
| 2013 | $2,766 | $135,400 | $25,900 | $109,500 |
Source: Public Records
Agents Affiliated with this Home
-
Gesine Weller-Jett
-
E
Buyer's Agent in 2023
Emily Taylor
RE/MAX
-
Gina Letourneau
Seller's Agent in 2021
Gina Letourneau
Better Homes & Gardens Real Estate/The Masiello Group
(207) 754-4959
120 in this area
472 Total Sales
-
Linda Beaulieu
Seller Co-Listing Agent in 2021
Linda Beaulieu
Better Homes & Gardens Real Estate/The Masiello Group
(207) 754-3310
27 in this area
139 Total Sales
Map
Source: Maine Listings
MLS Number: 1547619
APN: AUBN-000250-000000-000124
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