NOT LISTED FOR SALE

114 Montello St Lewiston, ME 04240

Estimated Value: $323,011 - $379,000

5 Beds
2 Baths
3,100 Sq Ft
$112/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $265,000 $85 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,268/month

1 Day on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • 2 Car Attached Garage
  • New Englander Architecture
  • No HOA
  • Baseboard Heating

About This Home

As of August 2022

Conveniently located, Lewiston 2-unit ready for owner occupy or investment property. Both units vacant and ready for new owner to lease. Move into either the 2 bedroom 1 bath first floor unit with direct access to the garage, or the 3 bedroom 1 bath second floor unit with balcony, and bonus room. Recent updates included new natural gas furnace in 2018, new metal roof 2019, along w some updated wiring, interior and exterior paint. Laundry hookups in each unit. Nice, level front yard, on a corner lot., with plenty of parking.

Last Agent to Sell the Property

Jonathon Stinson

Keller Williams Realty Listed on: 07/15/2022

Keller Williams Realty

Last Buyer's Agent

Scott Reiff Denise Reiff

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,264

Year Built

  • Built in 1840

Lot Details

  • 0.31 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 3,100 Sq Ft Home
  • New Englander Architecture
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Vinyl Siding
  • Radon Mitigation System

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior and Exterior Basement Entry

Utilities

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

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number LEWI-000170-000000-000140

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,500
  • Gross Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,264

Year Built

Built in 1840

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 3100.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Year Built: 1840
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.31
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3100.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: 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
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 28200.0
  • Income Expenses Operating Expenses: 7500.0
  • Exterior:Wood Siding: Yes
  • Basement:BrickMortar: Yes
  • Style:New Englander: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved

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: 13503.6
  • Parcel #: LEWI-000170-000000-000140
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28200.0
  • Annual Operating Expense: 7500.0

Tax Info

  • Tax Annual Amount: 3264.0
  • Tax Book Number: 6829
  • Tax Lot: 140
  • Tax Map Number: 170
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 15, 2022
Sold by
Hasch-Gauthier Elizabeth
Bought by
Ndayishimiye Ethan
Seller's Agent
Jonathon Stinson
Keller Williams Realty
Buyer's Agent
Scott Reiff Denise Reiff
Coldwell Banker Realty
List Price
$255,000
Sold Price
$265,000
Premium/Discount to List
$10,000
3.92%
Total Days on Market
1
Current Estimated Value
$346,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,003
Avg. Annual Appreciation
9.88%
Original Mortgage
$260,200
Outstanding Balance
$250,061
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$95,942

Purchase Details

Closed on
Jul 17, 2006
Sold by
Raymond Robert
Bought by
Hasch T E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,350
Interest Rate
6.71%
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
Ndayishimiye Ethan -- None Available
Hasch T E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ndayishimiye Ethan $260,200
Previous Owner Hasch T E $174,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $265,000 +3.9% $85 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $255,000 -- $82 / 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 $4,016 $126,400 $21,840 $104,560
2023 $3,792 $126,400 $21,840 $104,560
2022 $3,602 $126,400 $21,840 $104,560
2021 $3,264 $115,500 $21,840 $93,660
2020 $3,311 $115,500 $21,840 $93,660
2019 $3,125 $108,100 $21,840 $86,260
2018 $3,099 $108,100 $21,840 $86,260
2017 $3,029 $108,100 $21,840 $86,260
2016 $2,977 $108,100 $21,840 $86,260
2015 $2,959 $108,100 $21,840 $86,260
2014 $2,874 $108,100 $21,840 $86,260
2013 $2,858 $108,100 $21,840 $86,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1536511

Maine Listings

APN: LEWI-000170-000000-000140