NOT LISTED FOR SALE

5 Cedar Ct Augusta, ME 04330

Estimated Value: $234,929 - $267,000

4 Beds
2 Baths
1,884 Sq Ft
$135/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $210,000 $111 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,507/month

18 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Screened Porch
  • New Englander Architecture
  • No HOA
  • Zoned Heating

About This Home

As of August 2022

Great Investment or owner occupied opportunity, close to everything with a nice yard, on a dead end street. Enjoy 2 spacious units with 2 bedrooms, full baths, large living rooms and kitchens. The 3 season and open porches offer additional living spaces. Well kept original features, including hardwood floors, mouldings and trim as well as many upgrades make this bright home a great investment.

Last Agent to Sell the Property

Janice Ryder

Keller Williams Realty Listed on: 06/04/2022

Keller Williams Realty

Co-Listed By

Zachary Donahue

Keller Williams Realty

Last Buyer's Agent

Tom Anderson

Realty ONE Group - Compass

Realty ONE Group - Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,507

Year Built

  • Built in 1911

Lot Details

  • 6,534 Sq Ft Lot
  • Street terminates at a dead end
  • Level Lot

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Fiberglass Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 1,884 Sq Ft Home
  • Screened Porch

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Basement

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

Parking

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

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 211A
  • Assessor Parcel Number AUGU-000041-000211A

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,104
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,507

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: Enter Memorial Circle and take the 1st exit onto Memorial Bridge/US 201/US 202/ME 17/ME 100., Take Stone Street/ME 9/ME 17, Turn right onto Cedar Street, Turn right onto Cedar Court, property on right
  • Above Grade Finished Sq Ft: 1884.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1911
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 106.1
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1884.0
  • 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:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: 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
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 26400.0
  • Income Expenses Operating Expenses: 10104.0
  • Parking:On Site2: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Roads:Dead End: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Equipment:DSL: Yes
  • Exterior:Asbestos: Yes
  • Style:New Englander: Yes
  • Roof:Fiberglass: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Advertising Remarks:Advertising Remarks: Great Investment or owner occupied opportunity, close to everything with a nice back yard, on a dead end street. Enjoy 2 spacious units with 2 bedrooms, full baths, large living rooms and kitchens. The 3 season and open porches offer additional living spaces. Well kept original features, including hardwood floors, mouldings and trim as well as many upgrades make this bright home a great investment.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Patio And Porch Features: Porch, Screened
  • Roof: Fiberglass, Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, 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: 6534.0
  • Parcel #: AUGU-000041-000211A
  • Zoning: RB1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Annual Operating Expense: 10104.0

Tax Info

  • Tax Annual Amount: 1507.0
  • Tax Lot: 211A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2022
Closed on
Aug 4, 2022
Sold by
Racine Derek
Bought by
Collett Michael E and Collett Ruth
Seller's Agent
Janice Ryder
Keller Williams Realty
Buyer's Agent
Tom Anderson
Realty ONE Group - Compass
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%
Current Estimated Value
$253,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,982
Avg. Annual Appreciation
5.63%
Original Mortgage
$206,196
Outstanding Balance
$197,084
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$56,898

Purchase Details

Listed on
Jun 26, 2017
Closed on
Dec 13, 2017
Sold by
Bragdon Anna M and Maschino Anna M
Bought by
Racine Derek
Seller's Agent
Tim Dunham
Tim Dunham Realty
Buyer's Agent
Zachary Donahue
Keller Williams Realty
List Price
$109,000
Sold Price
$96,700
Premium/Discount to List
-$12,300
-11.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.15%
Original Mortgage
$94,795
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records
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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
Collett Michael E $210,000 None Available
Collett Michael E $210,000 None Available
Racine Derek -- --
Racine Derek -- --
Racine Derek -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collett Michael E $206,196
Closed Collett Michael E $206,196
Previous Owner Racine Derek $94,795
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2022 08/04/22 Sold $210,000 +5.1% $111 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $199,900 +106.7% $106 / Sq Ft
12/11/2017 12/11/17 Sold $96,700 -11.3% $51 / Sq Ft View Prior Sale
09/27/2017 09/27/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $109,000 -- $58 / 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 $2,309 $97,000 $23,800 $73,200
2023 $2,227 $97,000 $23,800 $73,200
2022 $2,126 $97,000 $23,800 $73,200
2021 $2,031 $97,000 $23,800 $73,200
2020 $2,031 $97,000 $23,800 $73,200
2019 $2,034 $97,000 $23,800 $73,200
2018 $2,001 $97,000 $23,800 $73,200
2017 $1,969 $96,600 $23,800 $72,800
2016 $1,912 $96,600 $23,800 $72,800
2015 $1,874 $96,600 $23,800 $72,800
2014 $1,804 $96,600 $23,800 $72,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1531110

Maine Listings

APN: AUGU-000041-000211A