K
Seller's Agent in 2025
Kim Carignan
EXP Realty
(207) 807-5226
1 in this area
62 Total Sales
52 Summer St Auburn, ME 04210
Union Street Neighborhood
--
Bed
3
Baths
2,579
Sq Ft
4,792
Sq Ft Lot
Highlights
- Wood Flooring
- Bathtub
- Zoned Heating
- No HOA
- Cooling Available
- Baseboard Heating
About This Home
As of April 2025Whether you're an investor seeking strong rental income or a buyer looking to offset your mortgage with rental revenue, this gem of a property is must-see. With two long-term tenants already in place, this property provides immediate rental income. there's strong potential to convert an existing space into a 4th unit, adding even more value! New Owner can occupy the 2nd floor in May lease is up. Unit 1 lease is up in August, Unit 2. Lease it up in May, Unit 3 Lease is up in January. Don't miss out on this income producing rental.
Last Buyer's Agent
Toni Ferraro
Keller Williams Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,149
Year Built
- Built in 1920
Lot Details
- 4,792 Sq Ft Lot
- Level Lot
Parking
- 1 Car Garage
- Common or Shared Parking
- Shared Driveway
Home Design
- Brick Foundation
- Block Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Wood Siding
- Asbestos Siding
- Asbestos
Interior Spaces
- 2,579 Sq Ft Home
- Multi-Level Property
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Full Bathrooms
- Bathtub
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- City Lot
Utilities
- Cooling Available
- Zoned Heating
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 39
- Assessor Parcel Number AUBN-000250-000000-000239
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $11,500
- Gross Income $47,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2025
Closed on
Apr 29, 2025
Sold by
Wanche Charitable
Bought by
Jibril Hassan
Seller's Agent
Kim Carignan
EXP Realty
Buyer's Agent
Toni Ferraro
Keller Williams Realty
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,116
Avg. Annual Appreciation
-5.08%
Original Mortgage
$422,211
Outstanding Balance
$421,097
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$1,787
Purchase Details
Listed on
Nov 19, 2021
Closed on
Feb 18, 2022
Sold by
Cunningham Dana A
Bought by
Wanche Charitable
Seller's Agent
Michelle Gosselin
Fontaine Family-The Real Estate Leader
Buyer's Agent
Steve Liautaud
Coldwell Banker Realty
List Price
$279,000
Sold Price
$279,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%
Original Mortgage
$273,946
Interest Rate
3.55%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 4, 2005
Sold by
Stilphen Harry and Stilphen Cheryl
Bought by
Cunningham Dana A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $430,000 | None Available | |
| Warranty Deed | $430,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $422,211 | FHA | |
| Closed | $422,211 | FHA | |
| Previous Owner | $273,946 | FHA | |
| Previous Owner | $82,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $145,500 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | $430,000 | -4.4% | $167 / Sq Ft |
| 04/29/2025 04/29/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | For Sale | $450,000 | +61.3% | $174 / Sq Ft |
| 02/18/2022 02/18/22 | Sold | $279,000 | 0.0% | $101 / Sq Ft |
| 11/29/2021 11/29/21 | Pending | -- | -- | -- |
| 11/19/2021 11/19/21 | For Sale | $279,000 | -- | $101 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $5,149 | $231,400 | $24,100 | $207,300 |
| 2023 | $4,677 | $205,600 | $21,400 | $184,200 |
| 2022 | $3,897 | $171,300 | $17,800 | $153,500 |
| 2021 | $4,114 | $172,700 | $17,800 | $154,900 |
| 2020 | $3,990 | $168,000 | $17,800 | $150,200 |
| 2019 | $3,990 | $168,000 | $17,800 | $150,200 |
| 2018 | $3,978 | $168,000 | $17,800 | $150,200 |
| 2017 | $3,862 | $168,000 | $17,800 | $150,200 |
| 2016 | $3,755 | $168,000 | $17,800 | $150,200 |
| 2015 | $3,570 | $168,000 | $17,800 | $150,200 |
| 2013 | $3,432 | $168,000 | $17,800 | $150,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Carignan
-
T
Buyer's Agent in 2025
Toni Ferraro
Keller Williams Realty
-
M
Seller's Agent in 2022
Michelle Gosselin
Fontaine Family-The Real Estate Leader
-
Charmaine Raby
Seller Co-Listing Agent in 2022
Charmaine Raby
Fontaine Family-The Real Estate Leader
(207) 577-1034
1 in this area
177 Total Sales
-
Steve Liautaud
Buyer's Agent in 2022
Steve Liautaud
Coldwell Banker Realty
(207) 604-0655
1 in this area
24 Total Sales
Map
Source: Maine Listings
MLS Number: 1616187
APN: AUBN-000250-000000-000239
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