NOT LISTED FOR SALE

49 Gamage Ave Auburn, ME 04210

Estimated Value: $394,000 - $458,000

4 Beds
3 Baths
2,844 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $418,000 $147 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,751/month

12 Days on Market

Highlights

  • New Englander Architecture
  • Porch
  • Landscaped
  • No HOA
  • Bathtub
  • Forced Air Heating System

About This Home

As of August 2024

Solid Investment Opportunity. Two out of three units have been completely remodeled. First floor unit features new kitchen, new flooring, new lighting fixtures new Rinnai heater and fresh paint. Second Floor unit features new flooring, new lighting fixtures, new Rinnai heater and fresh paint! All three units- tenants pay their own heat! This building is an excellent addition to your rental portfolio!

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

Argelis Garcia

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,974

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,844 Sq Ft Home
  • 3-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Water Heater Leased

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number AUBN-000250-000000-000089

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,295
  • Gross Income $38,741

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,974

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • 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 in Auburn turn onto Dennison St, then onto Gamage Ave. Property is on the right.
  • Above Grade Finished Sq Ft: 2844.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1920
  • Attribution Contact: 207-754-4221
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2844.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: 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: 38741.0
  • Income Expenses Operating Expenses: 11295.0
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Exterior:Aluminum Siding: Yes
  • Water Heater:Heat Pump2: 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: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Other
  • Interior Amenities: Bathtub, Shower
  • Stories: 3
  • Full Basement: Yes
  • Appliances:Water Heater Rented: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Landscaped, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Aluminum Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Other

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • 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

Schools

  • Junior High Dist: Auburn Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: AUBN-000250-000000-000089
  • Zoning: T4.2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 38741.0
  • Annual Operating Expense: 11295.0

Tax Info

  • Tax Annual Amount: 3974.0
  • Tax Book Number: 10880
  • Tax Lot: 89
  • Tax Map Number: 250
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Dumais Tammy L and Dumais Richard
Bought by
Tango Wun Llc
Current Estimated Value
$438,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2019
Sold by
Johnson Mary E
Bought by
Dumais Tammy L and Dumais Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Mclane Roger A
Bought by
Johnson Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
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
Tango Wun Llc -- None Available
Tango Wun Llc -- None Available
Dumais Tammy L -- --
Dumais Tammy L -- --
Johnson Mary E -- --
Johnson Mary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logugune Monday $410,428
Closed Logugune Monday $410,428
Closed Tango Wun Llc $180,000
Previous Owner Dumais Tammy L $94,500
Previous Owner Johnson Mary E $22,000
Previous Owner Johnson Mary E $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $418,000 +5.8% $147 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $395,000 -- $139 / 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 $4,372 $196,500 $34,200 $162,300
2023 $3,974 $174,700 $30,400 $144,300
2022 $3,315 $145,700 $25,400 $120,300
2021 $3,923 $164,700 $25,400 $139,300
2020 $3,812 $160,500 $25,400 $135,100
2019 $3,337 $160,500 $25,400 $135,100
2018 $3,270 $158,100 $25,400 $132,700
2017 $3,175 $158,100 $25,400 $132,700
2016 $3,198 $158,100 $25,400 $132,700
2015 $3,147 $158,100 $25,400 $132,700
2013 -- $158,100 $25,400 $132,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1594727

Maine Listings

APN: AUBN-000250-000000-000089