NOT LISTED FOR SALE

48 State St Augusta, ME 04330

Estimated Value: $191,000 - $291,000

4 Beds
3 Baths
2,358 Sq Ft
$96/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $123,000 $52 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,380/month

101 Days on Market

Highlights

  • Barn
  • No HOA
  • Baseboard Heating
  • New Englander Architecture
  • Zoned Heating
  • Lot Has A Rolling Slope

About This Home

As of December 2020

**PRICE REDUCED!! Here is an investment opportunity you don't want to miss!! All 3 units are renovated and move-in ready, all currently occupied. Lower level is a 1 bedroom, First floor has 2 bedrooms, & top floor has 2 smaller bedrooms. Nice units that produce great income. New Natural gas furnace in 2013, which is extremely efficient! On-site coin op laundry, Large 3 story barn with a BRAND NEW ROOF & great storage. 2 driveways with parking for all units. Call today before this property passes you by!

Last Agent to Sell the Property

Matthew Sivret

Strategic Real Estate Services Listed on: 06/25/2020

Co-Listed By

Aimee Sivret

Strategic Real Estate Services

Last Buyer's Agent

Matthew Sivret

Real Broker

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 1850

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Has A Rolling Slope

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Finished Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • City Lot
  • Barn

Listing and Financial Details

  • Tax Lot 204
  • Assessor Parcel Number AUGU-000034-000204

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,676
  • Gross Income $26,916

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,038

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • Co List Office Phone: 207-588-7194
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1788.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 72.65
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1788.0
  • Property Information:SqFt Finished Below Grade: 570.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 26916.0
  • Income Expenses Operating Expenses: 11675.8
  • Style:Multi-Level: Yes
  • Site:RollingSloping: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • Other Structures Barn2: Yes
  • Advertising Remarks:Advertising Remarks: Here is an investment opportunity you don't want to miss!! All 3 units are renovated and move-in ready, all currently occupied. Lower level is a 1 bedroom, First floor has 2 bedrooms, & top floor has 2 smaller bedrooms. Nice units that produce great income. New Natural gas furnace in 2013, which is extremely efficient! On-site coin op laundry, Large 3 story barn with great storage. 2 driveways with parking for all units. Call today before this property passes you by!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Finished, Full, Interior Entry
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 570.0
  • Flooring: Vinyl, Laminate, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Baseboard
  • 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: 10018.8
  • Parcel #: AUGU-000034-000204
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 26916.0
  • Annual Operating Expense: 11675.8

Tax Info

  • Tax Annual Amount: 2038.0
  • Tax Lot: 204
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Dec 22, 2020
Sold by
Poor Darcy M and Poor Robert J
Bought by
Onyekelu-Eze Sochima
Seller's Agent
Matthew Sivret
Strategic Real Estate Services
Buyer's Agent
Matthew Sivret
Real Broker
List Price
$139,900
Sold Price
$123,000
Premium/Discount to List
-$16,900
-12.08%
Current Estimated Value
$226,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,568
Avg. Annual Appreciation
12.91%
Original Mortgage
$92,250
Outstanding Balance
$81,902
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$144,666

Purchase Details

Closed on
Aug 4, 2015
Sold by
Poor John H
Bought by
Poor Darcy M and Poor Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2006
Sold by
Blanchette Muriel M
Bought by
Poor Robert J and Poor John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Onyekelu-Eze Sochima -- None Available
Onyekelu-Eze Sochima -- None Available
Onyekelu-Eze Sochima -- None Available
Poor Darcy M -- --
Poor Darcy M -- --
Poor Robert J -- --
Poor Robert J -- --
Poor Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Onyekelu-Eze Sochima $92,250
Closed Onyekelu-Eze Sochima $92,250
Previous Owner Poor Darcy M $75,000
Previous Owner Poor Robert J $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2020 12/22/20 Sold $123,000 -12.1% $52 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $139,900 -- $59 / 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 $2,313 $97,200 $13,800 $83,400
2023 $2,232 $97,200 $13,800 $83,400
2022 $2,131 $97,200 $13,800 $83,400
2021 $2,035 $97,200 $13,800 $83,400
2020 $2,035 $97,200 $13,800 $83,400
2019 $2,038 $97,200 $13,800 $83,400
2018 $2,010 $97,200 $13,800 $83,400
2017 $1,981 $97,200 $13,800 $83,400
2016 $1,924 $97,200 $13,800 $83,400
2015 $1,886 $97,200 $13,800 $83,400
2014 $1,815 $97,200 $13,800 $83,400
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Maine Listings

MLS Number: 1457752

Maine Listings

APN: AUGU-000034-000204