NOT LISTED FOR SALE

5 Laurel Ave Auburn, ME 04210

Estimated Value: $291,181 - $305,000

4 Beds
3 Baths
3,036 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $229,900 $76 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,957/month

16 Days on Market

Highlights

  • Greek Revival Architecture
  • Corner Lot
  • Baseboard Heating
  • Wood Flooring
  • No HOA
  • 2-minute walk to Rodney Bonney Memorial Park

About This Home

As of January 2023

Incredibly affordable 3 unit in one of Maine's fastest growing cities. Great building with an abundance of charm & character. Complete with decorative fireplaces, stained glass features, built-ins, french doors, a large deck, and a gorgeous detailed front porch. Attached 1-car garage for the bottom unit. Perfect for owner occupy or for full rental income, either way for this price you will be gaining! The rents are very under market value and each tenant is month to month. All separate utilities except for heat, water & sewer. 2 one-bedroom units on 1st floor. Unit 3 (2 bedrooms) consists of all 2nd floor-good sized rooms and wood floors. Extra storage in the basement. Group showings Wed the 16th & Friday the 18th from 12-2.

Last Agent to Sell the Property

Chris Lavoie

Keller Williams Realty Listed on: 11/14/2022

Keller Williams Realty

Co-Listed By

Yasmine Habash

Keller Williams Realty

Last Buyer's Agent

David Marshall

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,759

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Lot Has A Rolling Slope

Parking

  • 1 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Greek Revival Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,036 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

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

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number AUBN-000231-000000-000067

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $18,514
  • Gross Income $24,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,759

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Co List Office Phone: 207-553-2604
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3036.0
  • Architectural Style: Greek-Revival, Multi-Level
  • Garage Yn: Yes
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3036.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: 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
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 24820.0
  • Income Expenses Operating Expenses: 18514.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Heat System:Radiator: Yes
  • Style:Greek-Revival: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Doghouse, Interior Entry
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Rolling Slope, Sidewalks, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, 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: 8712.0
  • Parcel #: AUBN-000231-000000-000067
  • Zoning: MFU

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24820.0
  • Annual Operating Expense: 18514.0

Tax Info

  • Tax Annual Amount: 3759.0
  • Tax Lot: 67
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jan 11, 2023
Sold by
Whitney Lindsay J
Bought by
Roberge Alan
Seller's Agent
Chris Lavoie
Keller Williams Realty
Buyer's Agent
David Marshall
Keller Williams Realty
List Price
$229,900
Sold Price
$229,900
Current Estimated Value
$298,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,645
Avg. Annual Appreciation
9.78%
Original Mortgage
$172,425
Outstanding Balance
$166,985
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$131,560

Purchase Details

Closed on
Aug 7, 2008
Sold by
Boucher Philip L
Bought by
Whitney Lindsay J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
6.49%
Mortgage Type
FHA
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
Roberge Alan $229,900 None Available
Whitney Lindsay J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberge Alan $172,425
Previous Owner Whitney Lindsay J $142,759
Previous Owner Whitney Lindsay J $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2023 01/11/23 Sold $229,900 0.0% $76 / Sq Ft
11/14/2022 11/14/22 For Sale $229,900 -- $76 / 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 $4,739 $213,000 $35,000 $178,000
2023 $4,309 $189,400 $31,100 $158,300
2022 $3,590 $157,800 $25,900 $131,900
2021 $3,759 $157,800 $25,900 $131,900
2020 $3,653 $153,800 $25,900 $127,900
2019 $3,653 $153,800 $25,900 $127,900
2018 $3,642 $153,800 $25,900 $127,900
2017 $3,536 $153,800 $25,900 $127,900
2016 $3,437 $153,800 $25,900 $127,900
2015 $3,268 $153,800 $25,900 $127,900
2013 -- $153,800 $25,900 $127,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1548147

Maine Listings

APN: AUBN-000231-000000-000067