NOT LISTED FOR SALE

85-89 Eastern Ave Augusta, ME 04330

Augusta Area
7 Beds
4 Baths
3,385 Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: August 31, 2022

Last sale price $450,000 $133 Per Sq Ft

119 Days on Market

Highlights

  • Additional Residence on Property
  • Wood Flooring
  • Detached Garage
  • Colonial Architecture
  • No HOA
  • 3-minute walk to McCall's Park

About This Home

As of August 2022

Well-maintained and conveniently located on the east-side, this multi-family property has 3 homes totaling 4 units. Add to your investment portfolio or use as an owner-occupied income producer. The first home is complete with an updated kitchen, 3 bedrooms, and full bath. The second floor offers an efficiency apartment with a long term tenant. The second home boasts hardwood floors, a kitchen and separate dining space, two bedrooms upstairs and a full bath. The third home has an open kitchen and living area with a large full bath. Modern, spiral stairs lead to an upstairs loft-style bedroom. There is ample parking for each unit (2-4 spaces each) and a great rental history. This unique property is a winner – take a look!

Last Agent to Sell the Property

Kimberly Bard

Surette Real Estate Brokerage Email: office@surette-realestate.com Listed on: 04/05/2022

Last Buyer's Agent

Corey Lee

Real Broker

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,123

Year Built

  • Built in 1933

Lot Details

  • 17,424 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Bungalow
  • Gambrel Roof
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 4 Full Bathrooms
  • 3,385 Sq Ft Home
  • Unfinished Basement
  • Interior and Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • Detached Garage
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Additional Homes

  • Additional Residence on Property

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0070
  • Assessor Parcel Number 85&89EasternAvenueAugusta04330

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $9,317
  • Gross Income $48,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,123

Year Built

Built in 1933

Lot Details

0.4 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3385.0
  • Architectural Style: Colonial, Bungalow, Gambrel
  • Garage Yn: No
  • Year Built: 1933
  • Attribution Contact: office@surette-realestate.com
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 135.6
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.4
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3385.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Style:Bungalow: Yes
  • Property Information:Number of Units: 4
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 48180.0
  • Income Expenses Operating Expenses: 9317.0
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:K-1Kerosene: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Style:Gambrel: Yes
  • Advertising Remarks:Advertising Remarks: Well-maintained and conveniently located on the east-side, this multi-family property has 3 homes totaling 4 units. Add to your investment portfolio or use as an owner-occupied income producer. The first home is complete with an updated kitchen, 3 bedrooms, and full bath. The second floor offers an efficiency apartment with a long term tenant. The second home boasts hardwood floors, a kitchen and separate dining space, two bedrooms upstairs and a full bath. The third home has an open kitchen and living area with a large full bath. Modern, spiral stairs lead to an upstairs loft-style bedroom. There is ample parking for each unit (2-4 spaces each) and a great rental history. This unique property is a winner – take a look!
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Tile, Laminate, Carpet

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Common, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, 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: 17424.0
  • Parcel #: 85&89EasternAvenueAugusta04330
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 48180.0
  • Annual Operating Expense: 9317.0

Tax Info

  • Tax Annual Amount: 4123.0
  • Tax Lot: 0070
  • Tax Year: 2021

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
Apr 5, 2022
Closed on
Aug 31, 2022
Sold by
Bought by
Seller's Agent
Kimberly Bard
Surette Real Estate
Buyer's Agent
Corey Lee
Real Broker
List Price
$509,000
Sold Price
$450,000
Premium/Discount to List
-$59,000
-11.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Interest Rate
0.0428%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 12, 2019
Closed on
Sep 12, 2019
Sold by
Bought by
Seller's Agent
Julian Harwood
LAER
Buyer's Agent
Julian Harwood
LAER
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.89%
Original Mortgage
$200,000
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2005
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$450,000 None Available
-- --
-- --
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 $441,849
Closed $200,000
Previous Owner $200,000
Previous Owner $200,000
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 Prior Sale
08/31/2022 08/31/22 Sold $450,000 -11.6% $133 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $509,000 +175.1% $150 / Sq Ft
09/12/2019 09/12/19 Sold $185,000 -7.5% $55 / Sq Ft View Prior Sale
08/02/2019 08/02/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $200,000 -- $59 / 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 $5,236 $214,600 $34,800 $179,800
2024 $5,107 $214,600 $34,800 $179,800
2023 $4,927 $214,600 $34,800 $179,800
2022 $4,704 $214,600 $34,800 $179,800
2021 $4,123 $196,900 $34,800 $162,100
2020 $4,123 $196,900 $34,800 $162,100
2019 $4,129 $196,900 $34,800 $162,100
2018 $4,129 $196,900 $34,800 $162,100
2017 $4,013 $196,900 $34,800 $162,100
2016 $3,897 $196,900 $34,800 $162,100
2015 $3,820 $196,900 $34,800 $162,100
2014 -- $196,900 $34,800 $162,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1523645

Maine Listings

APN: AUGU M:00041 B:00070 L:00000

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