NOT LISTED FOR SALE

41 Gamage Ave Auburn, ME 04210

Estimated Value: $429,000 - $478,000

7 Beds
3 Baths
3,502 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $447,000 $128 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,835/month

7 Days on Market

Highlights

  • Deck
  • New Englander Architecture
  • Attic
  • Wood Flooring
  • Main Floor Bedroom
  • No HOA

About This Home

As of July 2024

This one is a Money Maker!!! Three spacious 3 Bedrooms units - at below market rents! Plenty of off street parking and large lot - almost 3/4 acre in the heart of Auburn! Large unfinished attic space and potential for a coin op washer and dryer for the building. Right now one unit is vacant so owner occupancy is a possibility at the moment!

Last Agent to Sell the Property

Angela Lee

Keller Williams Realty Brokerage Phone: 207-754-4221 Listed on: 06/26/2024

Keller Williams Realty

Co-Listed By

Tammy Dumais

Keller Williams Realty Brokerage Phone: 207-754-4221

Last Buyer's Agent

Jennifer Whitehead

Dream Home Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,304

Year Built

  • Built in 1900

Lot Details

  • 0.72 Acre Lot
  • Lot Has A Rolling Slope

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 3,502 Sq Ft Home
  • 3-Story Property
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 92
  • Assessor Parcel Number AUBN-000250-000000-000092

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $12,110
  • Gross Income $52,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,304

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.72
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: GPS Friendly From Turner St Auburn turn onto Dennison St, then onto Gamage Ave. Property is on the right.
  • Above Grade Finished Sq Ft: 3502.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Attribution Contact: 207-754-4221
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.72
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3502.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 52980.0
  • Income Expenses Operating Expenses: 12110.0
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, Shower
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Other Exterior, Wood Frame
  • Patio And Porch Features: Deck, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Auburn Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 31363.2
  • Parcel #: AUBN-000250-000000-000092
  • Zoning: T-4.2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 52980.0
  • Annual Operating Expense: 12110.0

Tax Info

  • Tax Annual Amount: 4304.0
  • Tax Book Number: 10880
  • Tax Lot: 92
  • Tax Map Number: 250
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Jul 24, 2024
Sold by
Tango Wun Llc
Bought by
Harper Morgan and Hann Nathan
Seller's Agent
Angela Lee
Keller Williams Realty
Buyer's Agent
Jennifer Whitehead
Dream Home Realty LLC
List Price
$425,000
Sold Price
$447,000
Premium/Discount to List
$22,000
5.18%
Views
8
Current Estimated Value
$460,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,249
Avg. Annual Appreciation
2.44%
Original Mortgage
$424,650
Outstanding Balance
$419,539
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$40,710

Purchase Details

Closed on
Sep 16, 2021
Sold by
Grenda Patricia J
Bought by
Tango Wun Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 27, 2014
Closed on
Mar 6, 2015
Sold by
Echavarri Katharine T and Fnma
Bought by
Federal National Mortgage Association
Seller's Agent
Dave Depot
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Gina Letourneau-Masiello
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$60,000
Sold Price
$52,500
Premium/Discount to List
-$7,500
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.85%
Original Mortgage
$75,000
Interest Rate
3.68%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Harper Morgan $447,000 None Available
Harper Morgan $447,000 None Available
Tango Wun Llc -- None Available
Tango Wun Llc -- None Available
Federal National Mortgage Association -- --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harper Morgan $424,650
Closed Harper Morgan $424,650
Previous Owner Tango Wun Llc $220,000
Previous Owner Federal National Mortgage Association $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2024 07/24/24 Sold $447,000 +5.2% $128 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $425,000 +269.6% $121 / Sq Ft
01/12/2016 01/12/16 Sold $115,000 -8.0% $34 / Sq Ft View Prior Sale
12/17/2015 12/17/15 Pending -- -- --
12/08/2015 12/08/15 For Sale $125,000 +138.1% $37 / Sq Ft
03/27/2015 03/27/15 Sold $52,500 -12.5% $20 / Sq Ft View Prior Sale
02/04/2015 02/04/15 Pending -- -- --
12/26/2014 12/26/14 For Sale $60,000 -- $23 / 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 $4,737 $212,900 $43,300 $169,600
2023 $4,304 $189,200 $38,500 $150,700
2022 $3,585 $157,600 $32,000 $125,600
2021 $3,754 $157,600 $32,000 $125,600
2020 $3,653 $153,800 $32,000 $121,800
2019 $3,653 $153,800 $32,000 $121,800
2018 $3,642 $153,800 $32,000 $121,800
2017 $3,536 $153,800 $32,000 $121,800
2016 $3,437 $153,800 $32,000 $121,800
2015 $3,268 $153,800 $32,000 $121,800
2013 -- $153,800 $32,000 $121,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1594726

Maine Listings

APN: AUBN-000250-000000-000092