NOT LISTED FOR SALE

48 Elmwood Rd Auburn, ME 04210

Estimated Value: $256,000 - $393,000

4 Beds
2 Baths
2,048 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $53,000 $26 Per Sq Ft

Est. 544% increase in value since last sale

Current estimated payment $2,244/month

14 Days on Market

Highlights

  • 1.3 Acre Lot
  • Deck
  • Main Floor Bedroom
  • Colonial Architecture
  • Wood Flooring
  • No HOA

About This Home

As of April 2017

Large two unit building in fantastic residential neighborhood just a stone's throw from Center Street and the Lake Auburn public boat launch. The convenience of this location can not be beat! The property requires work to be made into rentable units but there is tremendous value here.

Last Agent to Sell the Property

Desmond Duguay

Amnet Realty Listed on: 03/16/2017

Last Buyer's Agent

Desmond Duguay

Amnet Realty Listed on: 03/16/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 1.3 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Internet Available
  • Cable TV Available

Additional Features

  • Suburban Location
  • Pasture

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 25
  • Assessor Parcel Number 48elmwoodrdauburn

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.3
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Head North on RT 4 (Center St) Past Car Dealerships. Before lake, right on Oak Hill. Turn onto Elmwood. Property on Left.
  • Above Grade Finished Sq Ft: 2048.0
  • Architectural Style: Colonial, Multi-Level
  • Building Stories: 2
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.3
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2048.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: 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:Walk-Out: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: Yes
  • Equipment:Cable: Yes
  • Site:PastureField: 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: Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Other, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Pasture, Neighborhood, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Slab, Brick/Mortar
  • 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: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 56628.0
  • Parcel #: 48elmwoodrdauburn
  • Zoning: suburban

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3051.0
  • Tax Book Number: 9510
  • Tax Lot: 25
  • Tax Map Number: 325
  • Tax Year: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Dupuis Joseph H and Dupuis Jacqueline M
Bought by
Mcbride Elijah M and Mcbride Kirsten
Current Estimated Value
$341,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,920
Interest Rate
6.42%
Mortgage Type
VA

Purchase Details

Listed on
Mar 16, 2017
Closed on
May 3, 2017
Sold by
Dupuis Joseph H
Bought by
Dupuis Joseph H and Dupuis Jacqueline M
Seller's Agent
Desmond Duguay
Amnet Realty
Buyer's Agent
Desmond Duguay
Amnet Realty
List Price
$59,900
Sold Price
$53,000
Premium/Discount to List
-$6,900
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.40%

Purchase Details

Closed on
Dec 8, 2016
Sold by
Mtglq Investors Lp
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Oct 12, 2011
Sold by
Ellis David J and Discover Bank
Bought by
Suntrust Mtg Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcbride Elijah M $240,000 None Available
Dupuis Joseph H -- --
Mtglq Investors Lp -- --
Suntrust Mtg Inc $99,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride Elijah M $328,478
Closed Mcbride Elijah M $247,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $53,000 -11.5% $26 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $59,900 -- $29 / 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 $4,632 $208,200 $45,800 $162,400
2023 $4,211 $185,100 $40,700 $144,400
2022 $2,885 $126,800 $33,900 $92,900
2021 $3,013 $126,500 $33,900 $92,600
2020 $2,938 $123,700 $33,900 $89,800
2019 $2,938 $123,700 $33,900 $89,800
2018 $3,232 $136,500 $33,900 $102,600
2017 $3,138 $136,500 $33,900 $102,600
2016 $3,051 $136,500 $33,900 $102,600
2015 $2,901 $136,500 $33,900 $102,600
2013 -- $136,500 $33,900 $102,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1298121

Maine Listings

APN: AUBN-000325-000000-000025