NOT LISTED FOR SALE

53 Franklin St Augusta, ME 04330

Estimated Value: $262,000 - $356,000

3 Beds
2 Baths
2,081 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $299,000 $144 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,810/month

28 Days on Market

Highlights

  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Zoned Heating
  • No HOA
  • Enclosed Glass Porch
  • 3-minute walk to Calumet Playground

About This Home

As of June 2024

Welcome to 53 Franklin St, a beautifully updated duplex situated on a manageable 0.11-acre lot in Augusta. This property is ideal for both investors and those looking to owner-occupy while generating rental income.

Unit 1:
Bedrooms: 3
Bathrooms: 1

Unit 2:
Bedrooms: 2
Bathrooms: 1

Both units benefit from a recently converted natural gas heating system, ensuring energy efficiency and comfort.

Additional features include:

A spacious garage that can accommodate two cars or serve as ample storage space.
A driveway providing additional off-street parking options.

This duplex is not only move-in ready but also a fantastic opportunity for owner-occupied rental income. With its prime location and modern updates, 53 Franklin St is a smart investment in Augusta's thriving real estate market. Don't miss out on this versatile and attractive property!

Last Agent to Sell the Property

Jason Erwin

EXP Realty Listed on: 05/31/2024

EXP Realty

Co-Listed By

Rylee Knox

EXP Realty

Last Buyer's Agent

David Haydym

Breakwater Realty Group, LLC

Breakwater Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,845

Year Built

  • Built in 1886

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,081 Sq Ft Home
  • Multi-Level Property
  • Laminate Flooring
  • Unfinished Basement
  • Interior Basement Entry
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Outbuilding
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 144
  • Assessor Parcel Number AUGU-000035-000144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,845

Year Built

Built in 1886

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Co List Office Phone: 888-439-8743
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2081.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Structure Type: Duplex
  • Year Built: 1886
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 136.95
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2081.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Block3: Yes
  • Washer/Dryer Other Location: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Advertising Remarks:Advertising Remarks: Welcome to 53 Franklin St, a beautifully updated duplex situated on a manageable 0.11-acre lot in Augusta. This property is ideal for both investors and those looking to owner-occupy while generating rental income. Unit 1: Bedrooms: 3 Bathrooms: 1 Unit 2: Bedrooms: 2 Bathrooms: 1 Both units benefit from a recently converted natural gas heating system, ensuring energy efficiency and comfort. Additional features include: A spacious garage that can accommodate two cars or serve as ample storage space. A driveway providing additional off-street parking options. This duplex is not only move-in ready but also a fantastic opportunity for owner-occupied rental income. With its prime location and modern updates, 53 Franklin St is a smart investment in Augusta's thriving real estate market. Don't miss out on this versatile and attractive property!
  • Levels:Multi-Level3: Yes
  • Structure Type:Duplex3: Yes
  • Heat System:Zoned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Unfinished
  • Full Bathrooms: 2
  • Flooring: Laminate
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Other Location, Level, Sidewalks, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: AUGU-000035-000144
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2845.0
  • Tax Lot: 144
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jun 28, 2024
Sold by
Rylee Knox Re Llc
Bought by
Travis Mayez E
Seller's Agent
Jason Erwin
EXP Realty
Buyer's Agent
David Haydym
Breakwater Realty Group, LLC
List Price
$285,000
Sold Price
$299,000
Premium/Discount to List
$14,000
4.91%
Current Estimated Value
$301,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,518
Avg. Annual Appreciation
0.54%
Original Mortgage
$293,584
Outstanding Balance
$290,069
Interest Rate
7.7%
Mortgage Type
FHA
Estimated Equity
$11,449

Purchase Details

Closed on
Feb 26, 2024
Sold by
Brann Sandra
Bought by
Rylee Knox Re Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2016
Sold by
Breton Linette T and Breton Richard V
Bought by
Brann David A and Brann Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,171
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2006
Sold by
Lessard Germaine
Bought by
Breton Linette T and Breton Richard V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Travis Mayez E $299,000 None Available
Travis Mayez E $299,000 None Available
Travis Mayez E $299,000 None Available
Travis Mayez E $299,000 None Available
Rylee Knox Re Llc $170,000 None Available
Rylee Knox Re Llc $170,000 None Available
Rylee Knox Re Llc $170,000 None Available
Rylee Knox Re Llc $170,000 None Available
Brann David A -- --
Brann David A -- --
Brann David A -- --
Breton Linette T -- --
Breton Linette T -- --
Breton Linette T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Travis Mayez E $293,584
Closed Travis Mayez E $293,584
Previous Owner Rylee Knox Re Llc $140,000
Previous Owner Brann David A $97,171
Previous Owner Breton Linette T $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $299,000 +4.9% $144 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $285,000 0.0% $137 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/28/2024 05/28/24 Price Changed $285,000 +3.6% $137 / Sq Ft
05/28/2024 05/28/24 For Sale $275,000 -- $132 / 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 $2,977 $125,100 $22,000 $103,100
2023 $2,845 $123,900 $22,000 $101,900
2022 $2,716 $123,900 $22,000 $101,900
2021 $2,594 $123,900 $22,000 $101,900
2020 $2,594 $123,900 $22,000 $101,900
2019 $2,598 $123,900 $22,000 $101,900
2018 $2,598 $123,900 $22,000 $101,900
2017 $2,525 $123,900 $22,000 $101,900
2016 $2,452 $123,900 $22,000 $101,900
2015 $2,404 $123,900 $22,000 $101,900
2014 $2,313 $123,900 $22,000 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1591101

Maine Listings

APN: AUGU-000035-000144