Seller's Agent in 2025
Kayla Hatheway
The Maine Real Estate Experience
(207) 449-9513
1 in this area
40 Total Sales
4 Spruce St Augusta, ME 04330
--
Bed
2
Baths
1,932
Sq Ft
4,356
Sq Ft Lot
Highlights
- Wood Flooring
- No HOA
- Forced Air Heating System
- New Englander Architecture
- Bathtub
- Baseboard Heating
About This Home
As of April 2025Located just one street over from a Maine General building, this beautifully renovated two-unit apartment building offers a fantastic opportunity for both investors and potential owner-occupants. Situated in a prime Augusta neighborhood, this property has been thoughtfully updated and is move-in ready.
The building features two spacious units, both designed with generous living spaces, abundant natural light, and modern finishes. The kitchens and bathrooms have been completely renovated, showcasing brand-new counter tops, stylish cabinetry, and contemporary design elements. Throughout the property, you'll also find updated systems, including plumbing and electrical, ensuring long-term efficiency and reliability.
Off-street parking is available, and each unit has its own separate utilities, making this an ideal setup for tenants or homeowners who appreciate independence and cost control. Whether you're looking to generate consistent rental income or enjoy a home with rental potential, this property is perfect for either scenario. Investors will appreciate the strong rental demand in the area, particularly with its close proximity to Maine General. For those considering owner-occupancy, living in one unit while renting out the other offers a great opportunity to offset living expenses.
The location couldn't be more convenient, making it perfect for healthcare professionals or anyone who works in the area. Additionally, it's just a short drive to downtown Augusta, where you'll find shopping, dining, and other amenities.
Whether you're an investor seeking a lucrative rental property or a homeowner looking to generate additional income, this is an exceptional opportunity.
Last Agent to Sell the Property
The Maine Real Estate Experience Listed on: 12/08/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,418
Year Built
- Built in 1890
Home Design
- 1,932 Sq Ft Home
- New Englander Architecture
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Bathtub
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Gravel Driveway
- Off-Street Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Baseboard Heating
- Natural Gas Not Available
Additional Features
- Laundry on upper level
- 4,356 Sq Ft Lot
Listing and Financial Details
- Tax Lot 153
- Assessor Parcel Number AUGU-000038-000153
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Coin Laundry
Building Details
- Operating Expense $8,220
- Gross Income $45,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2024
Closed on
Apr 10, 2025
Sold by
Thibeault Alex
Bought by
Smee Ryan and Smee Sara
Seller's Agent
Kayla Hatheway
The Maine Real Estate Experience
Buyer's Agent
Tori Cust
Coldwell Banker Realty
List Price
$350,000
Sold Price
$350,000
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,385
Avg. Annual Appreciation
11.11%
Original Mortgage
$343,660
Outstanding Balance
$343,660
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$18,725
Purchase Details
Closed on
Sep 4, 2019
Sold by
Ouellette Dustin D
Bought by
Thibeault Alex
Purchase Details
Closed on
Nov 18, 2009
Sold by
Edwards Bryce K and Edwards Olive J
Bought by
Ouellette Dustin D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,222
Interest Rate
4.86%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | None Available | |
| Warranty Deed | $350,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $343,660 | FHA | |
| Closed | $343,660 | FHA | |
| Previous Owner | $140,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $44,000 | Balloon | |
| Previous Owner | $69,222 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Sold | $350,000 | +2.9% | $181 / Sq Ft |
| 03/10/2025 03/10/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | Price Changed | $340,000 | -1.4% | $176 / Sq Ft |
| 01/30/2025 01/30/25 | Price Changed | $345,000 | -1.4% | $179 / Sq Ft |
| 12/08/2024 12/08/24 | For Sale | $350,000 | 0.0% | $181 / Sq Ft |
| 12/07/2024 12/07/24 | Off Market | $350,000 | -- | -- |
Source: Maine Listings
Tax History Compared to Growth
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 | $2,637 | $110,800 | $18,800 | $92,000 |
| 2023 | $2,418 | $105,300 | $18,800 | $86,500 |
| 2022 | $2,308 | $105,300 | $18,800 | $86,500 |
| 2021 | $2,205 | $105,300 | $18,800 | $86,500 |
| 2020 | $2,205 | $105,300 | $18,800 | $86,500 |
| 2019 | $2,208 | $105,300 | $18,800 | $86,500 |
| 2018 | $2,177 | $105,300 | $18,800 | $86,500 |
| 2017 | $2,146 | $105,300 | $18,800 | $86,500 |
| 2016 | $2,084 | $105,300 | $18,800 | $86,500 |
| 2015 | $2,043 | $105,300 | $18,800 | $86,500 |
| 2014 | $1,966 | $105,300 | $18,800 | $86,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2025
Tori Cust
Coldwell Banker Realty
(207) 604-6782
1 in this area
73 Total Sales
-
T
Buyer's Agent in 2025
Tori Leonard
Coldwell Banker Realty
Map
Source: Maine Listings
MLS Number: 1610859
APN: AUGU-000038-000153
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