Seller's Agent in 2021
Veronica Schneider
Portside Real Estate Group
(207) 838-4034
2 in this area
122 Total Sales
124 Bartlett St Lewiston, ME 04240
Downtown Lewiston NeighborhoodEstimated Value: $950,190
--
Bed
10.5
Baths
12,544
Sq Ft
$76/Sq Ft
Est. Value
Highlights
- 0.29 Acre Lot
- Wood Flooring
- No HOA
- Property is near public transit
- Corner Lot
- 3-minute walk to Kennedy Park
About This Home
As of March 2021Great investment opportunity, with 10 apartments, a commercial space (currently leased as a convenience store, Unit 11), coin-op washer/dryer, large paved parking lot. Fully leased except for 1 unit (being renovated). Solid rental history. Fully equipped commercial space with opportunity to own and run your own sandwich or pizza shop or convenience store! Parking for tenants on Walnut St. side of lot, parking for commercial space on Bartlett St side.
See also Commercial MLS #1479284
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,091
Year Built
- Built in 1990
Lot Details
- 0.29 Acre Lot
- Corner Lot
- Level Lot
Home Design
- Flat Roof Shape
- Concrete Foundation
- Membrane Roofing
- Block Exterior
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 12,544 Sq Ft Home
- 3-Story Property
- Laundry on main level
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Accessible Home Design
- Accessible Elevator Installed
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 448
- Assessor Parcel Number LEWI-000195-000000-000448
Community Details
Overview
- No Home Owners Association
- 11 Units
Amenities
- Coin Laundry
Building Details
- Operating Expense $32,891
- Gross Income $111,447
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2021
Closed on
Mar 24, 2021
Sold by
124 Bartlett Street Llc
Bought by
Maf Properties Llc
Seller's Agent
Veronica Schneider
Portside Real Estate Group
Buyer's Agent
Frank Hennings
Coldwell Banker Realty
List Price
$599,900
Sold Price
$585,000
Premium/Discount to List
-$14,900
-2.48%
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
$365,190
Avg. Annual Appreciation
11.32%
Original Mortgage
$468,000
Outstanding Balance
$425,401
Interest Rate
2.73%
Mortgage Type
Commercial
Estimated Equity
$512,236
Purchase Details
Closed on
Jan 14, 2008
Sold by
Schneider Invst Props Llc
Bought by
124 Bartlett Street Llc
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 |
|---|---|---|---|
| Maf Properties Llc | -- | None Available | |
| 124 Bartlett Street Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maf Properties Llc | $468,000 | |
| Previous Owner | 124 Bartlett Street Llc | $25,050 | |
| Previous Owner | Commercial Real Est Mtg | $212,400 | |
| Previous Owner | 124 Bartlett Street Llc | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2021 03/25/21 | Sold | $585,000 | -2.5% | $47 / Sq Ft |
| 01/14/2021 01/14/21 | Pending | -- | -- | -- |
| 01/07/2021 01/07/21 | For Sale | $599,900 | -- | $48 / 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 | $13,010 | $409,500 | $34,200 | $375,300 |
| 2023 | $12,285 | $409,500 | $34,200 | $375,300 |
| 2022 | $11,671 | $409,500 | $34,200 | $375,300 |
| 2021 | $11,572 | $409,500 | $34,200 | $375,300 |
| 2020 | $9,091 | $317,100 | $34,200 | $282,900 |
| 2019 | $9,167 | $317,100 | $34,200 | $282,900 |
| 2018 | $9,091 | $317,100 | $34,200 | $282,900 |
| 2017 | $8,885 | $317,100 | $34,200 | $282,900 |
| 2016 | $8,733 | $317,100 | $34,200 | $282,900 |
| 2015 | $8,679 | $317,100 | $34,200 | $282,900 |
| 2014 | $8,432 | $317,100 | $34,200 | $282,900 |
| 2013 | $8,384 | $317,100 | $34,200 | $282,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Frank Hennings
Coldwell Banker Realty
(207) 671-9985
1 in this area
48 Total Sales
Map
Source: Maine Listings
MLS Number: 1479312
APN: LEWI-000195-000000-000448
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