NOT LISTED FOR SALE

34 Oak St Augusta, ME 04330

Estimated Value: $230,460 - $293,000

3 Beds
2 Baths
2,430 Sq Ft
$111/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $213,000 $88 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,656/month

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Open Lot
  • New Englander Architecture
  • Forced Air Heating System

About This Home

As of November 2021

Tremendous opportunity to own this completely remodeled in town two-unit with great rental rates and solid cash flow. This is a true turn-key property with newly updated roof, windows, heating system, paint, flooring, bath updates and more. There are currently leases for each apartment. Apartment #1 has a monthly rent of $1195.00, with a lease ending August 31, 2022. Apartment #2 has a monthly rent of $1100.00, with a lease ending April 30, 2022. If you are looking for an excellent investment opportunity, don't miss this one!

Last Agent to Sell the Property

Matt Pouliot

Pouliot Real Estate Brokerage Phone: 207-248-6044 Listed on: 10/27/2021

Last Buyer's Agent

Brandon Caruso

Maine Source Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Open Lot

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2,430 Sq Ft Home
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Laminate

Parking

  • Gravel Driveway
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number AUGU-000034-000123

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,049
  • Gross Income $27,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,983

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2430.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: 207-248-6044
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 82.26
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2430.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • 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: 2
  • Income Expenses Gross Income: 27540.0
  • Income Expenses Operating Expenses: 6049.0
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: Tremendous opportunity to own this completely remodeled in town two-unit with great rental rates and solid cash flow. This is a true turn-key property with newly updated roof, windows, heating system, paint, flooring, bath updates and more. There are currently leases for each apartment. Apartment #1 has a monthly rent of $1195.00, with a lease ending August 31, 2022. Apartment #2 has a monthly rent of $1100.00, with a lease ending April 30, 2022. If you are looking for an excellent investment opportunity, don't miss this one! Call or text Matt at 207.441.9418 for your showing today.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Laminate

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • 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: 3049.2
  • Parcel #: AUGU-000034-000123
  • Zoning: BP

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27540.0
  • Annual Operating Expense: 6049.0

Tax Info

  • Tax Annual Amount: 1983.0
  • Tax Lot: 123
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
Jul 11, 2014
Sold by
Us Bank Na Tr
Bought by
Bolduc Luke and Bolduc Lisa
Seller's Agent
Jim Rideout
Rizzo Mattson
Buyer's Agent
Matthew Pouliot
RE/MAX Riverside
List Price
$44,900
Sold Price
$20,000
Premium/Discount to List
-$24,900
-55.46%
Current Estimated Value
$275,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,129
Avg. Annual Appreciation
25.38%

Purchase Details

Closed on
Apr 29, 2005
Sold by
Biskit Props Llc
Bought by
Hanson Robert and Cahalane Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,520
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2005
Sold by
Augusta City Of
Bought by
Curry Rebeca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,520
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bolduc Luke -- --
Bolduc Luke -- --
Hanson Robert -- --
Hanson Robert -- --
Hanson Robert -- --
Curry Rebeca A -- --
Curry Rebeca A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanson Robert $93,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2021 11/22/21 Sold $213,000 +6.6% $88 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $199,900 +899.5% $82 / Sq Ft
07/11/2014 07/11/14 Sold $20,000 -55.5% $8 / Sq Ft View Prior Sale
05/20/2014 05/20/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $44,900 -- $18 / 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 $2,625 $110,300 $17,200 $93,100
2023 $2,532 $110,300 $17,200 $93,100
2022 $2,418 $110,300 $17,200 $93,100
2021 $1,983 $94,700 $17,200 $77,500
2020 $1,983 $94,700 $17,200 $77,500
2019 $1,986 $94,700 $17,200 $77,500
2018 $1,958 $94,700 $17,200 $77,500
2017 $1,930 $94,700 $17,200 $77,500
2016 $1,874 $94,700 $17,200 $77,500
2015 $1,387 $71,500 $17,200 $54,300
2014 $1,335 $71,500 $17,200 $54,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1512840

Maine Listings

APN: AUGU-000034-000123