NOT LISTED FOR SALE

1027 Sabattus St Lewiston, ME 04240

Estimated Value: $227,652

3 Beds
3 Baths
2,924 Sq Ft
$78/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $140,000 $48 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,501/month

39 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Porch
  • Farmhouse Style Home
  • No HOA
  • Tile Flooring

About This Home

As of February 2021

Conveniently located on a corner, this 3 unit mixed-use property is close to shopping, schools, highways and local amenities. It is a wonderful investment. Featuring two large 2 bedroom units and one unit with potential for retail space with customer parking. Zoning is HB.

Last Agent to Sell the Property

Jeffrey Mateja

Keller Williams Realty Listed on: 07/16/2020

Keller Williams Realty

Co-Listed By

David Costello

Keller Williams Realty

Last Buyer's Agent

Dennis Wheelock

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,207

Year Built

  • Built in 1900

Lot Details

  • 0.55 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Farmhouse Style Home
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,924 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 176
  • Assessor Parcel Number LEWI-000090-000000-000176

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $9,677
  • Gross Income $20,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,207

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.55
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2957
  • Co List Office Phone: 207-553-2605
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2924.0
  • Architectural Style: Farmhouse, Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.55
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2924.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • 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:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 20425.0
  • Income Expenses Operating Expenses: 9677.0
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Property Information:Deed Restrictions: Unknown
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 3
  • Flooring: Vinyl, Tile, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Metal, Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, 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: 23958.0
  • Parcel #: LEWI-000090-000000-000176
  • Zoning: HB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 20425.0
  • Annual Operating Expense: 9677.0

Tax Info

  • Tax Annual Amount: 3207.0
  • Tax Book Number: 7521
  • Tax Lot: 176
  • Tax Map Number: 090
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Feb 10, 2021
Sold by
Starr Realty Llc
Bought by
Harvest Cannabis Co Llc
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Dennis Wheelock
Keller Williams Realty
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$227,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,652
Source: Public Records

Range of Values:

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Average Value
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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
Harvest Cannabis Co Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $140,000 -6.6% $48 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $149,900 -- $51 / 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 $3,525 $110,940 $21,360 $89,580
2023 $3,328 $110,940 $21,360 $89,580
2022 $3,162 $110,940 $21,360 $89,580
2021 $3,135 $110,940 $21,360 $89,580
2020 $3,181 $110,940 $21,360 $89,580
2019 $3,207 $110,940 $21,360 $89,580
2018 $3,181 $110,940 $21,360 $89,580
2017 $3,109 $110,940 $21,360 $89,580
2016 $3,055 $110,940 $21,360 $89,580
2015 $3,036 $110,940 $21,360 $89,580
2014 $2,950 $110,940 $21,360 $89,580
2013 $2,933 $110,940 $21,360 $89,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1460572

Maine Listings

APN: LEWI-000090-000000-000176