Seller's Agent in 2023
Jennifer Sumrall
The Maine Real Estate Experience
(207) 417-1033
235 Total Sales
558 Riverside Dr Augusta, ME 04330
Augusta Area
--
Bed
2
Baths
8,000
Sq Ft
1.15
Acre Lot
Highlights
- 1.15 Acre Lot
- Wood Flooring
- Zoned Heating
- Post and Beam
- No HOA
- Property is near shops
About This Home
As of March 2023Exceptionally Rare Income Opportunity! This 4 Unit Multi use property includes 2 spacious residential 2 bedroom units as well as a Large 2 story Retail Space in the front totaling over 2400 sg ft.
The back building is is a commercial warehouse with a newer loading dock which also includes a pick up truck loading bay. All 3 buildings are situated on 1.15 acres. All units are currently leased to long term tenants. Bonus Garage for additional storage. Highly Motivated Seller.
Last Agent to Sell the Property
The Maine Real Estate Experience Listed on: 02/03/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,296
Year Built
- Built in 1940
Lot Details
- 1.15 Acre Lot
- Property fronts a freeway
- Level Lot
- Open Lot
Parking
- 2 Car Garage
- Parking Available
- Gravel Driveway
Home Design
- Post and Beam
- Flat Roof Shape
- Brick Foundation
- Block Foundation
- Poured Concrete
- Wood Frame Construction
- Shingle Roof
- Rolled or Hot Mop Roof
- Membrane Roofing
- Wood Siding
- Metal Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 2 Full Bathrooms
- 8,000 Sq Ft Home
- Multi-Level Property
- Fireplace Features Blower Fan
Flooring
- Wood
- Concrete
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Natural lighting in basement
Location
- Property is near shops
Utilities
- No Cooling
- Zoned Heating
- Baseboard Heating
- Hot Water Heating System
- Septic Tank
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number AUGU-000051-000009
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $16,790
- Gross Income $53,200
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2023
Closed on
Mar 16, 2023
Sold by
Bought by
Seller's Agent
Jennifer Sumrall
The Maine Real Estate Experience
Buyer's Agent
Bruce Holmes
Venture Real Estate & Asset Management
List Price
$315,000
Sold Price
$315,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
0.0609%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 12, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
0.0392%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 22, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
0.0386%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 14, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
0.07%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $315,000 | None Available | ||
| -- | -- | ||
| $50,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $252,000 | ||
| Closed | $130,000 | ||
| Previous Owner | $115,000 | ||
| Previous Owner | $124,800 | ||
| Previous Owner | $105,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2023 03/16/23 | Sold | $315,000 | 0.0% | $39 / Sq Ft |
| 11/19/2022 11/19/22 | Pending | -- | -- | -- |
| 11/12/2022 11/12/22 | For Sale | $315,000 | -- | $39 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $7,581 | $310,700 | $56,000 | $254,700 |
| 2024 | $7,314 | $307,300 | $56,000 | $251,300 |
| 2023 | $4,429 | $192,900 | $57,000 | $135,900 |
| 2022 | $4,296 | $196,000 | $56,400 | $139,600 |
| 2021 | $4,104 | $196,000 | $56,400 | $139,600 |
| 2020 | $4,104 | $196,000 | $56,400 | $139,600 |
| 2019 | $4,110 | $196,000 | $56,400 | $139,600 |
| 2018 | $4,110 | $196,000 | $56,400 | $139,600 |
| 2017 | $3,994 | $196,000 | $56,400 | $139,600 |
| 2016 | $3,879 | $196,000 | $56,400 | $139,600 |
| 2015 | $3,762 | $193,900 | $56,400 | $137,500 |
| 2014 | $3,620 | $193,900 | $56,400 | $137,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Sumrall
-
Bruce Holmes
Buyer's Agent in 2023
Bruce Holmes
Venture Real Estate & Asset Management
(207) 632-7542
24 Total Sales
Map
Source: Maine Listings
MLS Number: 1548093
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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