NOT LISTED FOR SALE

197 Northern Ave Augusta, ME 04330

Augusta Area

Estimated Value: $597,000 - $666,918

6 Beds
3 Baths
4,131 Sq Ft
$152/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2025

Last sale price $640,000 $155 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,913 / mo

122 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 1-minute walk to Calumet Playground
  • Property is near shops
  • Carpet

About This Home

As of May 2025

We are pleased to present this newly constructed 3-unit townhouse apartment building at 197 Northern Avenue in Augusta. Featuring spacious 2-bedroom units with high-quality finishes, private entrances, outdoor spaces, and on-site parking, this modern property is ideal for investors or owner-occupants seeking steady income and low maintenance. Built to energy-efficient standards and located near shopping, dining, schools, and transportation, it offers both convenience and long-term value. Live in one unit while the others offset your mortgage, or capitalize on its strong rental demand
for an excellent investment opportunity.

Last Agent to Sell the Property

Theodore Haffenreffer

The Dunham Group Listed on: 12/06/2024

The Dunham Group

Co-Listed By

Sylas Hatch

The Dunham Group

Last Buyer's Agent

Andrea McKay

Hearth & Key Realty

Hearth & Key Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $537

Year Built

  • Built in 2024

Lot Details

  • 22,651 Sq Ft Lot
  • Property fronts a freeway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Multi-Level Property

Flooring

  • Carpet
  • Laminate

Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway

Location

  • Property is near shops

Utilities

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

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number AUGU-000036-000009

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $12,960
  • Gross Income $64,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$537

Year Built

Built in 2024

Lot Details

0.52 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.52
  • Co List Office Phone: 207-773-7100
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2754.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 2024
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 252.36
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.52
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2754.0
  • Property Information:SqFt Finished Below Grade: 1377.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 64800.0
  • Income Expenses Operating Expenses: 12960.0
  • Gas:Natural - At Street: Yes
  • Advertising Remarks:Advertising Remarks: We are pleased to present this newly constructed 3-unit townhouse apartment building at 197 Northern Avenue in Augusta. Featuring spacious 2-bedroom units with high-quality finishes, private entrances, outdoor spaces, and on-site parking, this modern property is ideal for investors or owner-occupants seeking steady income and low maintenance. Built to energy-efficient standards and located near shopping, dining, schools, and transportation, it offers both convenience and long-term value. Live in one unit while the others offset your mortgage, or capitalize on its strong rental demand for an excellent investment opportunity.
  • Levels:Multi-Level3: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 1377.0
  • Flooring: Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 22651.2
  • Parcel #: AUGU-000036-000009
  • Zoning: RC

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 64800.0
  • Annual Operating Expense: 12960.0

Tax Info

  • Tax Annual Amount: 537.0
  • Tax Lot: 9
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2024
Closed on
May 30, 2025
Sold by
W W Wood Properties Llc
Bought by
Seller's Agent
Theodore Haffenreffer
The Dunham Group
Buyer's Agent
Andrea McKay
Hearth & Key Realty
List Price
$740,000
Sold Price
$640,000
Premium/Discount to List
-$100,000
-13.51%
Views
78
Current Estimated Value
$628,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,520
Avg. Annual Appreciation
-1.42%
Original Mortgage
$502,000
Outstanding Balance
$496,276
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,204

Purchase Details

Listed on
Aug 5, 2022
Closed on
Dec 7, 2022
Sold by
Fritz David A
Bought by
W W Wood Properties Llc
Seller's Agent
Wendy Lee MacDowell
Hoang Realty
Buyer's Agent
Blake Wright
Acadia Realty Group
List Price
$35,000
Sold Price
$30,000
Premium/Discount to List
-$5,000
-14.29%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
243.49%

Purchase Details

Listed on
Jul 27, 2015
Closed on
Jan 2, 2015
Sold by
Bayview Loan Servicing
Bought by
Fritz David A
Seller's Agent
Merrie Hanson
Rizzo Mattson
Buyer's Agent
Lori Dube
Sprague & Curtis Real Estate
List Price
$29,000
Sold Price
$24,000
Premium/Discount to List
-$5,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Mar 4, 2005
Sold by
Muse Group Llc
Bought by
197 Northern Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,700
Interest Rate
5.66%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Augusta, ME

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$640,000 Red Door Title
W W Wood Properties Llc $30,000 None Available
Fritz David A -- --
197 Northern Ave Llc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $502,000
Previous Owner 197 Northern Ave Llc $18,700
Previous Owner 197 Northern Ave Llc $149,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2025 05/30/25 Sold $640,000 -7.9% $155 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
02/07/2025 02/07/25 Price Changed $695,000 -6.1% $168 / Sq Ft
12/06/2024 12/06/24 For Sale $740,000 +2366.7% $179 / Sq Ft
12/07/2022 12/07/22 Sold $30,000 -14.3% $8 / Sq Ft View Prior Sale
08/05/2022 08/05/22 For Sale $35,000 +45.8% $9 / Sq Ft
12/31/2014 12/31/14 Sold $24,000 -17.2% $6 / Sq Ft View Prior Sale
12/19/2014 12/19/14 Pending -- -- --
12/17/2014 12/17/14 For Sale $29,000 -- $8 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,341 $218,900 $29,300 $189,600
2024 $5,210 $218,900 $29,300 $189,600
2023 $537 $23,400 $23,400 $0
2022 $513 $23,400 $23,400 $0
2021 $614 $29,300 $29,300 $0
2020 $614 $29,300 $29,300 $0
2019 $614 $29,300 $29,300 $0
2018 $614 $29,300 $29,300 $0
2017 $2,678 $131,400 $29,300 $102,100
2016 $2,600 $131,400 $29,300 $102,100
2015 $2,549 $131,400 $29,300 $102,100
2014 $3,379 $181,000 $29,300 $151,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1610792

Maine Listings

APN: AUGU-000036-000009

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