NOT LISTED FOR SALE
5 Beds
31 Baths
22,000 Sq Ft
0.99 Acre Lot

Sale Details

Date Sold: January 9, 2017

Last sale price $1,000,000 $45 Per Sq Ft

149 Days on Market

Highlights

  • 0.99 Acre Lot
  • Main Floor Bedroom
  • Detached Garage
  • Wood Flooring
  • No HOA
  • Interior Lot

About This Home

As of January 2017

31 Unit Apartment House Complex located in a nice West side neighborhood with many recent updates. 17- 1BR, 12-2BR, 1-3BR, 1-4BR, newer boilers w/natural gas, updated electrical w/smart meters, ample parking, very good rental history, coin-op laundry w/natural gas, nice mix of apartments with consistent cash flow, good N.O.I., good management in place, rental office on site, steady long term investment. Augusta has a low vacancy rate at this time.

Last Agent to Sell the Property

James Pepin

Sprague & Curtis Real Estate Brokerage Email: jim@spragueandcurtis.com Listed on: 05/24/2016

Last Buyer's Agent

James Pepin

Sprague & Curtis Real Estate Brokerage Email: jim@spragueandcurtis.com Listed on: 05/24/2016

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,456

Year Built

  • Built in 1885

Lot Details

  • 43,124 Sq Ft Lot
  • Interior Lot
  • Level Lot
  • Open Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 22,000 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 31 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Parking

  • Detached Garage
  • Parking Available
  • Gravel Driveway

Outdoor Features

  • Outbuilding

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 156-157

Community Details

Overview

  • No Home Owners Association
  • 31 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $73,793
  • Gross Income $191,862

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,456

Year Built

Built in 1885

Lot Details

0.99 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.99
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Western Avenue to Sewall Street, buildings on the LEFT.
  • Above Grade Finished Sq Ft: 22000.0
  • Architectural Style: Multi-Level
  • Year Built: 1885
  • Attribution Contact: jim@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 45.45
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.99
  • Property Information:Total Baths: 31.0
  • Property Information:SqFt Finished Above Grade: 22000.0
  • 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:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 31
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 191862.0
  • Income Expenses Operating Expenses: 73793.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Exterior:Aluminum Siding: Yes
  • Foundation Materials:Granite2: Yes
  • Amenities:Laundry - Coin: Yes
  • Other Structures:Out Building: Yes
  • Advertising Remarks:Advertising Remarks: 31 Unit Apartment House Complex located in a nice West side neighborhood with many recent updates. 17- 1BR, 12-2BR, 1-3BR, 1-4BR, newer boilers w/natural gas, updated electrical w/smart meters, ample parking, very good rental history, coin-op laundry w/natural gas, nice mix of apartments with consistent cash flow, good N.O.I., good management in place, rental office on site, steady long term investment. Augusta has a low vacancy rate at this time.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 31
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Interior Lot, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Aluminum Siding, Wood Frame
  • Foundation Details: Block, Granite, Concrete Perimeter, Brick/Mortar
  • Other Structures: Outbuilding
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Gravel, On Site, Detached

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43124.4
  • Parcel #: 999999
  • Zoning: RB2

Multi Family

  • Number Of Units Total: 31
  • Annual Gross Income: 191862.0
  • Annual Operating Expense: 73793.0

Tax Info

  • Tax Annual Amount: 18456.0
  • Tax Lot: 156-157
  • Tax Year: 16

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
01/09/2017 01/09/17 Sold $1,000,000 -20.0% $45 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $1,250,000 -- $57 / 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 $4,582 $187,800 $33,600 $154,200
2024 $4,470 $187,800 $33,600 $154,200
2023 $4,312 $187,800 $33,600 $154,200
2022 $4,117 $187,800 $33,600 $154,200
2021 $3,933 $187,800 $33,600 $154,200
2020 $3,933 $187,800 $33,600 $154,200
2019 $3,938 $187,800 $33,600 $154,200
2018 $3,938 $187,800 $33,600 $154,200
2017 $3,827 $187,800 $33,600 $154,200
2016 $3,717 $187,800 $33,600 $154,200
2015 $3,643 $187,800 $33,600 $154,200
2014 $3,506 $187,800 $33,600 $154,200
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1265750

Maine Listings

APN: AUGU 00027-00157-00000

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