NOT LISTED FOR SALE

26 Fifth St Auburn, ME 04210

Estimated Value: $360,000 - $429,000

-- Bed
3 Baths
3,956 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $386,000 $98 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,490/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 3 Car Detached Garage
  • Deck
  • No HOA
  • Porch

About This Home

As of May 2024

INVESTORS TAKE NOTICE
Great opportunity for an investment property with a proven, documented history of consistent rental profitability. Three units, all currently filled with market competitive rents. Well maintained with tenant on the first floor overseeing and keeping owner current as to any issues.
Three car garage behind building.
Nicely situated at the end of the street, up on a hill in a New Auburn neighborhood.

Last Agent to Sell the Property

Andrei Vile

Fontaine Family-The Real Estate Leader Listed on: 04/09/2024

Co-Listed By

Sally Christner

Fontaine Family-The Real Estate Leader

Last Buyer's Agent

Kelly Sahabo

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,038

Year Built

  • Built in 1910

Lot Details

  • 7,841

Parking

  • 3 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 3,956 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

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

Additional Features

  • 7,841 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 025
  • Assessor Parcel Number AUBN-000221-000000-000025

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $13,725
  • Gross Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,038

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2592
  • Co List Office Phone: 207-784-3800
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3956.0
  • Architectural Style: Colonial, Multi-Level
  • Garage Yn: Yes
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3956.0
  • Property Information:Garage: 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
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Property Information:Garage Spaces: 3.0
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 51600.0
  • Income Expenses Operating Expenses: 13724.54
  • Style:Multi-Level: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Roof:RolledHot Mop: Yes
  • Exterior:Asbestos: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Porch
  • Roof: Rolled/Hot Mop, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • 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: 7840.8
  • Parcel #: AUBN-000221-000000-000025
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 51600.0
  • Annual Operating Expense: 13724.54

Tax Info

  • Tax Annual Amount: 4038.0
  • Tax Book Number: 11222
  • Tax Lot: 025
  • Tax Map Number: 221
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 21, 2024
Sold by
Mason Garrett and Mason Rebekah
Bought by
Kabwit Mutshaila G
Seller's Agent
Andrei Vile
Fontaine Family-The Real Estate Leader
Buyer's Agent
Kelly Sahabo
EXP Realty
List Price
$349,000
Sold Price
$386,000
Premium/Discount to List
$37,000
10.6%
Views
15
Current Estimated Value
$398,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,174
Avg. Annual Appreciation
2.38%
Original Mortgage
$366,700
Outstanding Balance
$362,227
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$35,947

Purchase Details

Listed on
Aug 15, 2022
Closed on
Sep 30, 2022
Sold by
Faloon Mark J
Bought by
Mason Garrett and Mason Rebekah
Seller's Agent
Shirley King
Keller Williams Realty
Buyer's Agent
Sally Christner
Fontaine Family-The Real Estate Leader
List Price
$255,000
Sold Price
$276,000
Premium/Discount to List
$21,000
8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.70%
Original Mortgage
$210,000
Interest Rate
7.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 1, 2021
Sold by
Faloon Jamie
Bought by
Faloon Mark J

Purchase Details

Listed on
Jan 9, 2012
Closed on
Dec 4, 2012
Sold by
Northrop Susan M and Lamson Gary R
Bought by
Faloon Mark J and Faloon Jamie L
Seller's Agent
Jan Jacques
Keller Williams Realty
Buyer's Agent
Diane Landry
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$119,900
Sold Price
$109,900
Premium/Discount to List
-$10,000
-8.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$82,425
Interest Rate
3.4%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Kabwit Mutshaila G $386,000 None Available
Kabwit Mutshaila G $386,000 None Available
Mason Garrett $276,000 None Available
Mason Garrett $276,000 None Available
Faloon Mark J $145,700 None Available
Faloon Mark J -- --
Faloon Mark J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kabwit Mutshaila G $366,700
Closed Kabwit Mutshaila G $366,700
Previous Owner Mason Garrett P $210,000
Previous Owner Faloon Mark J $82,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $386,000 +10.6% $98 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $349,000 +26.4% $88 / Sq Ft
09/30/2022 09/30/22 Sold $276,000 +8.2% $70 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $255,000 +132.0% $64 / Sq Ft
11/30/2012 11/30/12 Sold $109,900 -8.3% $50 / Sq Ft
10/27/2012 10/27/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $119,900 -- $54 / 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 $4,423 $198,800 $35,000 $163,800
2023 $4,038 $177,500 $31,100 $146,400
2022 $3,394 $149,200 $25,900 $123,300
2021 $3,554 $149,200 $25,900 $123,300
2020 $3,460 $145,700 $25,900 $119,800
2019 $3,460 $145,700 $25,900 $119,800
2018 $3,450 $145,700 $25,900 $119,800
2017 $3,350 $145,700 $25,900 $119,800
2016 $3,256 $145,700 $25,900 $119,800
2015 $3,096 $145,700 $25,900 $119,800
2013 -- $145,700 $25,900 $119,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1586001

Maine Listings

APN: AUBN-000221-000000-000025