NOT LISTED FOR SALE

3 Sturgis Ln Augusta, ME 04330

Estimated Value: $234,424 - $305,000

5 Beds
3.5 Baths
3,008 Sq Ft
$92/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $179,000 $60 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,731/month

58 Days on Market

Highlights

  • River Front
  • No HOA
  • Baseboard Heating
  • New Englander Architecture
  • Interior Lot
  • 4-minute walk to Eastside Boat Landing Playground

About This Home

As of September 2021

INVESTORS TAKE NOTICE!

Spectacular 3 unit available in walking distance to the Ballard Center and downtown Augusta. This 3 unit offers one 3 bedroom unit and two 2 bedroom units. A new wall hung natural gas boiler, updated units, washer dryer hook-ups in each unit and ample parking. Beautiful views of the river and capital building and priced right!

Last Agent to Sell the Property

Jordan Stolt

Summit Real Estate Listed on: 05/04/2021

Last Buyer's Agent

Daniel Hildebrandt

AllMaineHomes, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,077

Year Built

  • Built in 1900

Lot Details

  • 0.32 Acre Lot
  • River Front
  • Interior Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,008 Sq Ft Home
  • Laminate Flooring
  • Water Views
  • Unfinished Basement
  • Interior Basement Entry

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number AUGU-000037-000024

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $10,502
  • Gross Income $28,838

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,077

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Road Surface Type: Paved
  • Water Body Name: Kennebec River
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3008.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.32
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3008.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • 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: 3
  • Income Expenses Gross Income: 28838.28
  • Income Expenses Operating Expenses: 10502.36
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Laminate
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Interior Lot, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13939.2
  • Parcel #: AUGU-000037-000024
  • Zoning: Res

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28838.28
  • Annual Operating Expense: 10502.36

Tax Info

  • Tax Annual Amount: 2077.0
  • Tax Book Number: 8972
  • Tax Lot: 24
  • Tax Map Number: 37
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Sep 14, 2021
Sold by
Guerrette Properties Llc
Bought by
Martin Grant and Trowbridge Jacob
Seller's Agent
Jordan Stolt
Summit Real Estate
Buyer's Agent
Daniel Hildebrandt
AllMaineHomes, LLC
List Price
$199,500
Sold Price
$179,000
Premium/Discount to List
-$20,500
-10.28%
Current Estimated Value
$278,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,106
Avg. Annual Appreciation
11.49%
Original Mortgage
$134,250
Outstanding Balance
$121,975
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,131

Purchase Details

Closed on
Jul 7, 2006
Sold by
Guerrette Glen J
Bought by
Guerrette Props Llc

Purchase Details

Closed on
May 2, 2005
Sold by
Adams Linda A and Adams Michael W
Bought by
Weston Michael R and Guerrette Glen J
Source: Public Records

Range of Values:

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Average Value
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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
Martin Grant -- None Available
Martin Grant -- None Available
Guerrette Props Llc -- --
Guerrette Props Llc -- --
Weston Michael R -- --
Weston Michael R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Grant $134,250
Closed Martin Grant $134,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $179,000 -10.3% $60 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $199,500 -- $66 / 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 $3,006 $126,300 $20,200 $106,100
2023 $2,900 $126,300 $20,200 $106,100
2022 $2,768 $126,300 $20,200 $106,100
2021 $2,645 $126,300 $20,200 $106,100
2020 $2,077 $99,200 $20,200 $79,000
2019 $2,080 $99,200 $20,200 $79,000
2018 $2,080 $99,200 $20,200 $79,000
2017 $2,022 $99,200 $20,200 $79,000
2016 $1,963 $99,200 $20,200 $79,000
2015 $1,924 $99,200 $20,200 $79,000
2014 $1,852 $99,200 $20,200 $79,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1490139

Maine Listings

APN: AUGU-000037-000024