NOT LISTED FOR SALE

40 School St Augusta, ME 04330

Estimated Value: $282,848 - $341,000

6 Beds
2 Baths
4,092 Sq Ft
$78/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $225,000 $55 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,964/month

48 Days on Market

Highlights

  • Property is near public transit
  • New Englander Architecture
  • No HOA
  • Wood Flooring
  • Attic
  • 2 Car Detached Garage

About This Home

As of November 2021

Properties like this do not go on the market often. 4092 sqft side by side two unit. 2046 sq. ft. per unit with each having 3 bedrooms and one bath. Walk up attic that could be finished for additional square footage. Nice enclosed porches for both units looking out to the street. Over sized detached two car garage with storage above all on a double intown lot. Very nice neighborhood with in walking distance to Hussey school. Great owner occupy or multi generation property. Newer roof and heating systems. Updated electrical. Current owner requests to stay in her unit until 10/31/2021. Current owner will pay $1000 per month for time occuping unit after closing. Second unit is vacant.

Last Agent to Sell the Property

John Farnsworth

Century 21 Venture Ltd. Listed on: 09/22/2021

Last Buyer's Agent

Nate Laflin

McAllister Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,984

Year Built

  • Built in 1880

Lot Details

  • 0.37 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,092 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number AUGU-000042-000086

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,984

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.37
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 4092.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.37
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 4092.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: 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
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 31200.0
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: Attic, Bathtub
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 16117.2
  • Parcel #: AUGU-000042-000086
  • Zoning: RB1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31200.0

Tax Info

  • Tax Annual Amount: 2984.0
  • Tax Book Number: 4309
  • Tax Lot: 86
  • Tax Map Number: 42
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 19, 2021
Sold by
Siem Anke
Bought by
Nash Jonathan M
Seller's Agent
John Farnsworth
Century 21 Venture Ltd.
Buyer's Agent
Nate Laflin
McAllister Real Estate
List Price
$259,900
Sold Price
$225,000
Premium/Discount to List
-$34,900
-13.43%
Current Estimated Value
$318,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,462
Avg. Annual Appreciation
11.64%
Original Mortgage
$202,500
Outstanding Balance
$187,493
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,315
Source: Public Records

Range of Values:

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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
Nash Jonathan M -- None Available
Nash Jonathan M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nash Jonathan M $202,500
Closed Nash Jonathan M $202,500
Previous Owner Siem Anke $112,500
Previous Owner Siem Anke $75,000
Previous Owner Siem Anke $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $225,000 -13.4% $55 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $259,900 -- $64 / 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 $3,392 $142,500 $27,500 $115,000
2023 $3,272 $142,500 $27,500 $115,000
2022 $3,124 $142,500 $27,500 $115,000
2021 $2,984 $142,500 $27,500 $115,000
2020 $2,984 $142,500 $27,500 $115,000
2019 $2,988 $142,500 $27,500 $115,000
2018 $2,533 $142,500 $27,500 $115,000
2017 $2,904 $142,500 $27,500 $115,000
2016 $2,820 $142,500 $27,500 $115,000
2015 $2,765 $142,500 $27,500 $115,000
2014 $2,660 $142,500 $27,500 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1506178

Maine Listings

APN: AUGU-000042-000086