NOT LISTED FOR SALE

44 Gage St Augusta, ME 04330

Estimated Value: $228,796 - $353,000

5 Beds
5 Baths
3,558 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $300,000 $84 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,686/month

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot
  • No HOA

About This Home

As of February 2024

Listing includes both 44 & 46 Gage Street; 2-units in each building.

Last Agent to Sell the Property

Cynthia Powell

Realty ONE Group - Compass Listed on: 02/09/2024

Last Buyer's Agent

Cynthia Powell

Tim Dunham Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,721

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 3,558 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Tile
  • Vinyl

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 86 & 87
  • Assessor Parcel Number AUGU-000033-000087

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $18,059
  • Gross Income $61,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,721

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3558.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 89.94
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3558.0
  • Property Information:Garage: No
  • Site:Level: 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:Tile2: Yes
  • Floors:Vinyl: 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
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 61800.0
  • Income Expenses Operating Expenses: 18059.0
  • Style:Multi-Level: Yes
  • Heat System:Direct Vent Heater: Yes
  • Advertising Remarks:Advertising Remarks: Listing includes both 44 & 46 Gage Street; 2-units in each building.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 5
  • Flooring: Wood, Vinyl, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Other, Brick/Mortar
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater
  • 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: 13068.0
  • Parcel #: AUGU-000033-000087
  • Zoning: RB1

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 61800.0
  • Annual Operating Expense: 18059.0

Tax Info

  • Tax Annual Amount: 3721.0
  • Tax Lot: 86 & 87
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Feb 8, 2024
Sold by
Landscape Ctr Of Me Inc
Bought by
L & L Rental Prop Llc
Seller's Agent
Cynthia Powell
Realty ONE Group - Compass
Buyer's Agent
Cynthia Powell
Tim Dunham Realty
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%
Current Estimated Value
$287,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,801
Avg. Annual Appreciation
-2.23%
Original Mortgage
$240,000
Outstanding Balance
$235,286
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$51,913

Purchase Details

Closed on
Aug 22, 2018
Sold by
Auburn Sb Fsb
Bought by
Landscape Center Of Maine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2018
Sold by
Mid Maine Property Svcs
Bought by
Auburn Sb Fsb

Purchase Details

Closed on
Feb 15, 2013
Sold by
Department Of Housing & Urban Dev
Bought by
Mecap Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2012
Sold by
Suntrust Mortgage Inc
Bought by
Cavin Donald R and Stepler-Cavin Erica C

Purchase Details

Closed on
May 31, 2005
Sold by
Guerrette Props Llc
Bought by
Cavin Donald R and Stepler-Cavin Erica C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
5.94%
Mortgage Type
FHA
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
L & L Rental Prop Llc $300,000 None Available
L & L Rental Prop Llc $300,000 None Available
L & L Rental Prop Llc $300,000 None Available
Landscape Center Of Maine -- --
Landscape Center Of Maine -- --
Landscape Center Of Maine -- --
Auburn Sb Fsb -- --
Auburn Sb Fsb -- --
Auburn Sb Fsb -- --
Mecap Llc -- --
Mid Maine Prop Svcs Llc -- --
Mecap Llc -- --
Cavin Donald R -- --
Department Of Housing & Urban Dev -- --
Cavin Donald R -- --
Cavin Donald R -- --
Cavin Donald R -- --
Cavin Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L & L Rental Prop Llc $240,000
Closed L & L Rental Prop Llc $240,000
Previous Owner Landscape Center Of Maine $100,000
Previous Owner Mid Maine Prop Svcs Llc $38,000
Previous Owner Cavin Donald R $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 For Sale $320,000 +6.7% $90 / Sq Ft
02/08/2024 02/08/24 Sold $300,000 -- $84 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
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 $2,385 $100,200 $10,800 $89,400
2023 $2,301 $100,200 $10,800 $89,400
2022 $2,196 $100,200 $10,800 $89,400
2021 $2,098 $100,200 $10,800 $89,400
2020 $2,098 $100,200 $10,800 $89,400
2019 $2,101 $100,200 $10,800 $89,400
2018 $1,686 $80,400 $10,800 $69,600
2017 $2,036 $99,900 $10,800 $89,100
2016 $1,977 $99,900 $10,800 $89,100
2015 $1,938 $99,900 $10,800 $89,100
2014 $1,865 $99,900 $10,800 $89,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1581905

Maine Listings

APN: AUGU-000033-000087