Seller's Agent in 2021
Jon Mercier
Maine Source Realty
(207) 577-2365
46 in this area
157 Total Sales
Estimated Value: $257,416 - $333,000
This building is situated in the heart of one of Auburn's best known historic neighborhoods which is undergoing revitalization with increased public and private investments. Linked to Auburn's history, this property was part of an area decimated in the Spring of 1933 by one of the largest fires ever in Maine. In the fall of 1933, an industrious local shop owner secured a building permit for a four-story brick building. However, with the Great Depression underway, he only built the two stories in place now. Opened in 1933 as Reny's Market, it was one of the first grocery stores to open after the fire to support the rebirth of a neighborhood.
A few decades later, under new ownership, it became the first Post Office in the New Auburn neighborhood under a contract with the shop then known as Doyon's Market.
It's run as a storefront came to an end in the 1980's as an owner converted the storefront into a studio apartment, which it remains to this day. A number of amenities are less than one-tenth of a mile from this property, including a full-service neighborhood grocery store, a neighborhood pub, and one of Auburn's most popular diners. For those looking for urban recreation, a signature park recently built at the confluence of the Little Androscoggin and Androscoggin Rivers and its accompanying fishing and paddling access are also one-tenth of a mile from your front door. Located in the center of an area targeted for redevelopment with new restaurants and businesses planned within a two-block radius, this property is now within Auburn's form-based code area of downtown, creating greater flexibility for use of the former commercial storefront (now studio apartment) as well as the ability to add additional floors in the future should the owner choose. The concrete footings poured expecting to support a much taller building still exist. A city street reconstruction project to be completed in the spring of 2022 will bring a large grassed esplanade with street tree
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mbuyi Ambroise | -- | None Available | |
| Labonte Jonathan P | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mbuyi Ambroise | $195,300 | |
| Previous Owner | Labonte Jonathan P | $130,900 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/07/2021 12/07/21 | Sold | $220,000 | +10.1% | $106 / Sq Ft |
| 10/12/2021 10/12/21 | Pending | -- | -- | -- |
| 10/07/2021 10/07/21 | For Sale | $199,900 | -- | $97 / Sq Ft |
| 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 | $4,214 | $189,400 | $24,100 | $165,300 |
| 2023 | $3,831 | $168,400 | $21,400 | $147,000 |
| 2022 | $3,192 | $140,300 | $17,800 | $122,500 |
| 2021 | $2,766 | $116,100 | $17,800 | $98,300 |
| 2020 | $2,689 | $113,200 | $17,800 | $95,400 |
| 2019 | $2,689 | $113,200 | $17,800 | $95,400 |
| 2018 | $2,681 | $113,200 | $17,800 | $95,400 |
| 2017 | $2,602 | $113,200 | $17,800 | $95,400 |
| 2016 | $2,552 | $114,200 | $17,800 | $96,400 |
| 2015 | $2,427 | $114,200 | $17,800 | $96,400 |
| 2013 | $2,374 | $116,200 | $17,800 | $98,400 |
Seller's Agent in 2021
Jon Mercier
Maine Source Realty
(207) 577-2365
46 in this area
157 Total Sales
Buyer's Agent in 2021
Charmaine Raby
Fontaine Family-The Real Estate Leader
(207) 577-1034
30 in this area
158 Total Sales
Source: Maine Listings
MLS Number: 1511405
APN: AUBN-000221-000000-000224
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