NOT LISTED FOR SALE

27 Patterson St Augusta, ME 04330

-- Bed
6 Baths
4,362 Sq Ft
0.37 Acres

Last Sold November 12, 2021

Last sale price $420,000 $96 Per Sq Ft

13 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • No HOA
  • Property is near public transit
  • Corner Lot
  • Baseboard Heating

About This Home

As of November 2021

This beautiful 6 unit (5 two bedroom units and 1 one bedroom) has had numerous renovations including a newer metal roof, new floors, kitchen cabinets, countertops, kitchen sinks/faucets, etc... Property has plenty of parking and Excellent numbers!!!

This is listed at a 10% CAP!

Last Agent to Sell the Property

Michael Lee

Century 21 Venture Ltd. Listed on: 07/27/2021

Century 21 Venture Ltd.

Last Buyer's Agent

Anthony Poulin

Meservier & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,305

Year Built

  • Built in 1900

Lot Details

  • 0.37 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 4,362 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Exterior Basement Entry
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number AUGU-000038-000046

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $19,256
  • Gross Income $63,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,305

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.37
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Bangor Street turn onto Patterson Street. Building is on the left on the corner of Patterson and Pearl Street.
  • Above Grade Finished Sq Ft: 4362.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 99.72
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.37
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4362.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 6
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 63300.0
  • Income Expenses Operating Expenses: 19256.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Water Heater:Tank: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Restrictions:No Cats Allowed: Yes
  • Advertising Remarks:Advertising Remarks: This beautiful 6 unit (5 two bedroom units and 1 one bedroom) has had numerous renovations including a newer metal roof, new floors, kitchen cabinets, countertops, kitchen sinks/faucets, etc... Property has plenty of parking and Excellent numbers!!! This is listed at a 10% CAP!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Exterior Only, Unfinished
  • Full Bathrooms: 6
  • Flooring: Wood, Carpet

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, On Site

Utilities

  • Laundry Features: 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
  • Pets Allowed: No Cats Allowed, No Dogs Allowed, Other Restrictions

Schools

  • Junior High Dist: Augusta Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16117.2
  • Parcel #: AUGU-000038-000046
  • Zoning: RB1

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 63300.0
  • Annual Operating Expense: 19256.0

Tax Info

  • Tax Annual Amount: 4305.0
  • Tax Lot: 46
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $420,000 -3.4% $96 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $435,000 -- $100 / 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 $5,105 $214,500 $20,700 $193,800
2023 $4,925 $214,500 $20,700 $193,800
2022 $4,702 $214,500 $20,700 $193,800
2021 $4,454 $212,700 $20,700 $192,000
2020 $4,305 $205,600 $20,700 $184,900
2019 $4,311 $205,600 $20,700 $184,900
2018 $4,251 $205,600 $20,700 $184,900
2017 $4,190 $205,600 $20,700 $184,900
2016 $4,069 $205,600 $20,700 $184,900
2015 $3,989 $205,600 $20,700 $184,900
2014 $3,839 $205,600 $20,700 $184,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1502076

Maine Listings

APN: AUGU 00038-00046-00000