Seller's Agent in 2023
Katie McAllister
McAllister Real Estate
(207) 446-4705
87 Total Sales
75 Arsenal St Augusta, ME 04330
Estimated Value: $288,000 - $392,000
5
Beds
3
Baths
2,916
Sq Ft
$118/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- 1 Car Garage
- Wood Flooring
- Hot Water Heating System
- Level Lot
About This Home
As of August 2023Centrally located three-unit apartment building located in the East Side of Augusta in nice neighborhood, close to downtown restaurants and only a short distance to Maine General Medical Center. The apartments are undated and fully occupied. Full basement, oil heat and ample parking. This building has wonderful architecture features. Great investment opportunity or owner-occupied building.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,815
Year Built
- Built in 1836
Lot Details
- 0.38 Acre Lot
- Level Lot
Parking
- 1 Car Garage
- Driveway
- Off-Street Parking
Home Design
- 2,916 Sq Ft Home
- Colonial Architecture
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Clapboard
Flooring
- Wood
- Carpet
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Utilities
- No Cooling
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Not Available
Additional Features
- 3 Full Bathrooms
- City Lot
Listing and Financial Details
- Tax Lot 32
- Assessor Parcel Number AUGU-000037-000032
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $12,470
- Gross Income $30,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2023
Closed on
Aug 8, 2023
Sold by
Kelley Property Mgmt Llc
Bought by
Alemayo Abel
Seller's Agent
Katie McAllister
McAllister Real Estate
Buyer's Agent
Patrick Shaw
Portside Real Estate Group
List Price
$345,000
Sold Price
$315,000
Premium/Discount to List
-$30,000
-8.7%
Total Days on Market
49
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
$28,056
Avg. Annual Appreciation
5.29%
Original Mortgage
$309,294
Outstanding Balance
$303,631
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$41,132
Purchase Details
Listed on
Jul 31, 2015
Closed on
Aug 4, 2015
Sold by
Maxim Linda A and Maxim Ronald B
Bought by
Kelley Property Mgmt Llc
Seller's Agent
Kim Gleason
McAllister Real Estate
Buyer's Agent
Kim Gleason
McAllister Real Estate
List Price
$126,000
Sold Price
$126,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Original Mortgage
$100,700
Interest Rate
3.97%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alemayo Abel | $315,000 | None Available | |
| Alemayo Abel | $315,000 | None Available | |
| Kelley Property Mgmt Llc | -- | -- | |
| Kelley Property Mgmt Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alemayo Abel | $309,294 | |
| Closed | Alemayo Abel | $309,294 | |
| Previous Owner | Kelley Prop Mgmt Llc | $96,000 | |
| Previous Owner | Kelley Property Mgmt Llc | $100,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2023 08/08/23 | Sold | $315,000 | -8.7% | $108 / Sq Ft |
| 07/06/2023 07/06/23 | Pending | -- | -- | -- |
| 05/18/2023 05/18/23 | For Sale | $345,000 | +173.8% | $118 / Sq Ft |
| 07/31/2015 07/31/15 | Sold | $126,000 | 0.0% | $43 / Sq Ft |
| 07/31/2015 07/31/15 | Pending | -- | -- | -- |
| 07/31/2015 07/31/15 | For Sale | $126,000 | -- | $43 / 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 | $3,056 | $128,400 | $27,700 | $100,700 |
| 2023 | $2,948 | $128,400 | $27,700 | $100,700 |
| 2022 | $2,815 | $128,400 | $27,700 | $100,700 |
| 2021 | $2,689 | $128,400 | $27,700 | $100,700 |
| 2020 | $2,689 | $128,400 | $27,700 | $100,700 |
| 2019 | $2,693 | $128,400 | $27,700 | $100,700 |
| 2018 | $2,693 | $128,400 | $27,700 | $100,700 |
| 2017 | $2,617 | $128,400 | $27,700 | $100,700 |
| 2016 | $2,541 | $128,400 | $27,700 | $100,700 |
| 2015 | $2,493 | $128,500 | $27,800 | $100,700 |
| 2014 | $2,399 | $128,500 | $27,800 | $100,700 |
Source: Public Records
Agents Affiliated with this Home
-
Katie McAllister
-
Kim Gleason
Seller Co-Listing Agent in 2023
Kim Gleason
McAllister Real Estate
(207) 837-3180
190 Total Sales
-
Patrick Shaw
P
Buyer's Agent in 2023
Patrick Shaw
Portside Real Estate Group
(207) 536-4222
7 Total Sales
Map
Source: Maine Listings
MLS Number: 1559337
APN: AUGU-000037-000032
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