NOT LISTED FOR SALE

Estimated Value: $336,000 - $394,000

9 Beds
3 Baths
3,366 Sq Ft
$108/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $228,000 $68 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,291/month

3 Days on Market

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Porch
  • Asbestos

About This Home

As of July 2021

Handsome 3 unit building with 3 bedrooms in each unit. Updated systems within the last 10 years to include gas boiler and hot water, rubber roof, insulated basement and attic. Building was gutted down to the studs in the 80's and has replacement windows. All units have front porches as well as decks on the back with a small storage area. Solid income producer to add to your portfolio. Current rents are below market value giving this property lots of upside potential. No showings until Tuesday 7/6.

Last Agent to Sell the Property

Don Beal

HomeSmart Listed on: 07/06/2021

HomeSmart

Last Buyer's Agent

Jason Norton

Welcome Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,555

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Membrane Roofing
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 3,366 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Exterior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway

Outdoor Features

  • Deck
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 242
  • Assessor Parcel Number AUBN-000250-000000-000242

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,864
  • Gross Income $32,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,555

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Turner St to Dennison to Summer
  • Above Grade Finished Sq Ft: 3366.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3366.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 32700.0
  • Income Expenses Operating Expenses: 11864.0
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Exterior:Asbestos: Yes
  • Roof:Membrane: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Brick/Mortar, Walk-Out Access, Full, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Other
  • Patio And Porch Features: Deck, Porch
  • Roof: Membrane
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 3484.8
  • Parcel #: AUBN-000250-000000-000242
  • Zoning: T-4.2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 32700.0
  • Annual Operating Expense: 11864.0

Tax Info

  • Tax Annual Amount: 3555.0
  • Tax Book Number: 10078
  • Tax Lot: 242
  • Tax Map Number: 250
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
Nichols John B and Nichols Mary J
Bought by
Zhanna Investments Llc
Total Days on Market
3
Current Estimated Value
$364,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$306,540
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$58,183

Purchase Details

Closed on
May 3, 2019
Sold by
Earley James M and Earley Ruth
Bought by
Rj Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,200
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2008
Sold by
Lake Auburn Ent Llc
Bought by
Earley James M and Earley Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
6.43%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zhanna Investments Llc $315,000 None Available
Rj Properties Llc -- Stewart Title
Earley James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhanna Investments Llc $315,000
Previous Owner Rj Properties Llc $20,000
Previous Owner Rj Properties Llc $117,200
Previous Owner Earley James M $122,850
Previous Owner Earley James M $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $228,000 +1.3% $68 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $225,000 -- $67 / 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 $4,261 $191,500 $17,500 $174,000
2023 $3,872 $170,200 $15,600 $154,600
2022 $3,228 $141,900 $13,000 $128,900
2021 $3,666 $153,900 $13,000 $140,900
2020 $3,555 $149,700 $13,000 $136,700
2019 $3,555 $149,700 $13,000 $136,700
2018 $3,545 $149,700 $13,000 $136,700
2017 $3,442 $149,700 $13,000 $136,700
2016 $3,346 $149,700 $13,000 $136,700
2015 $3,181 $149,700 $13,000 $136,700
2013 $3,058 $149,700 $13,000 $136,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1499182

Maine Listings

APN: AUBN-000250-000000-000242