NOT LISTED FOR SALE
-- Bed
4 Baths
3,528 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: September 20, 2024

Last sale price $510,000 $145 Per Sq Ft

89 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Wood Siding
  • No HOA
  • Level Lot

About This Home

As of September 2024

Large 4-unit multi located in convenient Downtown New Auburn neighborhood. Four story building features 3 large, 3-bedroom, 1-bath units and a 1-bedroom, 1-bath on the 4th floor. Newer high-effeciency natural gas heating system, two new hot water heaters. Off-street parking. Fully occupied. Great opportunity for owner-occupant or investor.

Last Agent to Sell the Property

Jon Leahy

J T Leahy Real Estate Listed on: 08/09/2024

Last Buyer's Agent

Daniel Meuse

Keller Williams Realty

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,583

Year Built

  • Built in 1935

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,528 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Laminate
  • Vinyl

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking
  • Reserved Parking

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 085
  • Assessor Parcel Number AUBN-000221-000000-000085-000001

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $10,000
  • Gross Income $61,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,583

Year Built

Built in 1935

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • MLS Status: Closed
  • Directions: Downtown New Auburn. Mill Street to Third (3rd) Street or Broad Street to Third.
  • Above Grade Finished Sq Ft: 3528.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1935
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 140.31
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3528.0
  • 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
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 61800.0
  • Income Expenses Operating Expenses: 10000.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Parking Reserved2: Yes
  • Advertising Remarks:Advertising Remarks: Large 4-unit multi located in convenient Downtown New Auburn neighborhood. Four story building features 3 large, 3-bedroom, 1-bath units and a 1-bedroom, 1-bath on the 4th floor. Newer high-effeciency natural gas heating system, two new hot water heaters. Off-street parking. Fully occupied. Great opportunity for owner-occupant or investor.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Exterior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Laminate

Exterior Features

  • Lot Features: Level, Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Other Exterior, Wood Frame
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street

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: 5662.8
  • Parcel #: AUBN-000221-000000-000085-000001
  • Zoning: DTC

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 61800.0
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 3583.0
  • Tax Lot: 085
  • 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
Aug 9, 2024
Closed on
Sep 21, 2024
Sold by
Bought by
Seller's Agent
Jon Leahy
J T Leahy Real Estate
Buyer's Agent
Daniel Meuse
Keller Williams Realty
List Price
$495,000
Sold Price
$510,000
Premium/Discount to List
$15,000
3.03%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,762
Outstanding Balance
$492,764
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 2, 2021
Sold by
Bought by
Seller's Agent
Clayton Larochelle
Fontaine Family-The Real Estate Leader
Buyer's Agent
Alexander Matthews
Landing Real Estate
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.13%
Original Mortgage
$192,000
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$510,000 None Available
-- None Available
-- --
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 $500,762
Previous Owner $192,000
Closed $3,634
Closed $7,267
Previous Owner $32,000
Previous Owner $9,770
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
09/20/2024 09/20/24 Sold $510,000 +3.0% $145 / Sq Ft
08/11/2024 08/11/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $495,000 0.0% $140 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $495,000 0.0% $140 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $495,000 +106.3% $140 / Sq Ft
08/02/2021 08/02/21 Sold $240,000 +6.7% $68 / Sq Ft View Prior Sale
06/02/2021 06/02/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $225,000 -- $64 / 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 $4,052 $177,100 $35,500 $141,600
2024 $3,940 $177,100 $35,500 $141,600
2023 $3,583 $157,500 $31,600 $125,900
2022 $2,985 $131,200 $26,300 $104,900
2021 $3,530 $148,200 $43,300 $104,900
2020 $3,446 $145,100 $43,300 $101,800
2019 $3,446 $145,100 $43,300 $101,800
2018 $3,410 $144,000 $43,300 $100,700
2017 $3,317 $144,300 $43,300 $101,000
2016 $3,225 $144,300 $43,300 $101,000
2015 $3,066 $144,300 $43,300 $101,000
2013 $2,948 $144,300 $43,300 $101,000
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1589410

Maine Listings
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