NOT LISTED FOR SALE

3 Higgins St Augusta, ME 04330

Estimated Value: $224,491 - $259,000

5 Beds
2 Baths
1,504 Sq Ft
$160/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $220,000 $146 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,426/month

108 Days on Market

Highlights

  • Deck
  • No HOA
  • 1 Car Attached Garage
  • Wood Flooring
  • Porch
  • Zoned Heating

About This Home

As of March 2023

Step right into this income-generating multi-unit. With recent updates including a new roof and updated, freshly painted apartments, this property will be easy to maintain and comes fully occupied with two committed and responsible tenants with leases. Both apartments are 1 bedroom, 1 bath. There is a private back yard, and the property is located within a short distance of the pharmacy, grocery stores and restaurants. It even has a great view of the Capital building right from the front yard! Bonus space in the basement provides options for owner's space like an office, or general storage. One car garage has been converted into more storage space as well. If you have been considering taking the step into investing in properties or are looking for a multi-unit that will practically manage itself, then come and check out this affordable property.

Last Agent to Sell the Property

Jacqueline Sawyer

Meservier & Associates Listed on: 10/20/2022

Last Buyer's Agent

Emma Martin

Landing Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,863

Year Built

  • Built in 1915

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,504 Sq Ft Home
  • 2-Story Property
  • Storm Doors

Flooring

  • Wood
  • Carpet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • High-Efficiency Water Heater

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number AUGU-000033-000109

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $8,297
  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,863

Year Built

Built in 1915

Lot Details

3,920 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1504.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Efficiency: Storm Doors, High Efficiency Water Heater
  • Building Stories: 2
  • Year Built: 1915
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 149.6
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1504.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: 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
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 23400.0
  • Income Expenses Operating Expenses: 8297.0
  • Style:Multi-Level: Yes
  • Basement Entry:Exterior Only: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Step right into this income-generating multi-unit. With recent updates including a new roof and updated, freshly painted apartments, this property will be easy to maintain and comes fully occupied with two committed and responsible tenants with leases. Both apartments are 1 bedroom, 1 bath. There is a private back yard, and the property is located within a short distance of the pharmacy, grocery stores and restaurants. It even has a great view of the Capital building right from the front yard! Bonus space in the basement provides options for owner's space like an office, or general storage. One car garage has been converted into more storage space as well. If you have been considering taking the step into investing in properties or are looking for a multi-unit that will practically manage itself, then come and check out this affordable property. FMI Contact Jackie Sawyer @ Meservier & Associates.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Carpet
  • Interior Amenities: Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: 3920.4
  • Parcel #: AUGU-000033-000109
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23400.0
  • Annual Operating Expense: 8297.0

Tax Info

  • Tax Annual Amount: 1863.0
  • Tax Lot: 109
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Mar 20, 2023
Sold by
C R Jr & J B Vickers Ret and Vickers
Bought by
Humiston Ralph
Seller's Agent
Jacqueline Sawyer
Meservier & Associates
Buyer's Agent
Emma Martin
Landing Real Estate
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Views
14
Current Estimated Value
$240,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,873
Avg. Annual Appreciation
3.08%
Original Mortgage
$187,000
Outstanding Balance
$180,011
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$60,862

Purchase Details

Listed on
Mar 16, 2020
Closed on
Mar 5, 2021
Sold by
Morrill Chase T and Morrill Sarah E
Bought by
Vickers Charles R
Seller's Agent
Deborah Sanborn
Keller Williams Realty
Buyer's Agent
Jacqueline Sawyer
Bean Group
List Price
$140,000
Sold Price
$115,000
Premium/Discount to List
-$25,000
-17.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.44%
Original Mortgage
$84,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2006
Sold by
Morrill Margaret C Est and Russell
Bought by
Morrill Sarah H and Mokrrill Chase T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records
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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
Humiston Ralph $220,000 None Available
Humiston Ralph $220,000 None Available
Humiston Ralph $220,000 None Available
Vickers Charles R -- None Available
Vickers Charles R -- None Available
Vickers Charles R -- None Available
Morrill Sarah H -- --
Morrill Sarah H -- --
Morrill Sarah H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humiston Ralph $187,000
Closed Humiston Ralph $187,000
Previous Owner Vickers Charles R $84,000
Previous Owner Morrill Sarah H $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2023 03/20/23 Sold $220,000 -2.2% $146 / Sq Ft
11/08/2022 11/08/22 Price Changed $225,000 -2.2% $150 / Sq Ft
10/20/2022 10/20/22 For Sale $230,000 +100.0% $153 / Sq Ft
03/05/2021 03/05/21 Sold $115,000 -17.9% $76 / Sq Ft View Prior Sale
01/20/2021 01/20/21 Pending -- -- --
03/16/2020 03/16/20 For Sale $140,000 -- $93 / Sq Ft
Source: Maine Listings

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
2025 $2,074 $85,000 $15,200 $69,800
2024 $2,023 $85,000 $15,200 $69,800
2023 $1,952 $85,000 $15,200 $69,800
2022 $1,863 $85,000 $15,200 $69,800
2021 $1,780 $85,000 $15,200 $69,800
2020 $1,780 $85,000 $15,200 $69,800
2019 $1,782 $85,000 $15,200 $69,800
2018 $1,757 $85,000 $15,200 $69,800
2017 $1,732 $85,000 $15,200 $69,800
2016 $1,682 $85,000 $15,200 $69,800
2015 $1,649 $85,000 $15,200 $69,800
2014 $1,587 $85,000 $15,200 $69,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1546367

Maine Listings

APN: AUGU-000033-000109

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