NOT LISTED FOR SALE

124 Prospect Ave Lewiston, ME 04240

Estimated Value: $253,248 - $373,000

6 Beds
2 Baths
2,280 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $85,000 $37 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $2,100/month

12 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Porch
  • Wood Flooring
  • No HOA
  • Bathtub

About This Home

As of October 2016

Well maintained owner occupied 2 unit offers one 2 bedroom & one 3 bedroom unit and very spacious rooms throughout. There are some hardwood floors, original unpainted woodwork, lots of sunlight, laundry hook-up, charming farmer's porch, and a nice backyard. This building is located close to shopping, and only minutes to the interstate - for an easy commute, north or south.

Last Agent to Sell the Property

Pat Long-Cressey

Fontaine Family-The Real Estate Leader Listed on: 06/23/2016

Last Buyer's Agent

Joan Paladino

CENTURY 21 Advantage

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Open Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Membrane Roofing
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Radiant Heating System
  • Hot Water Heating System
  • Natural Gas Not Available
  • Internet Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 124PROSPECTAVELEWISTON

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: FROM LISBON ST HEADING TOWARDS LISBON TAKE RIGHT ONTO PROSPECT.LOOK FOR HOME & SIGN ON RIGHT.
  • Above Grade Finished Sq Ft: 2280.0
  • Architectural Style: Multi-Level
  • Building Stories: 2
  • Year Built: 1938
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2280.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Radiant: Yes
  • Building Info:_pound_ Stories2: 2
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Bank Owned REO: No
  • Heat System:Radiator: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Not Applicable, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Stories: 2
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Radiant, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 124PROSPECTAVELEWISTON
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2759.0
  • Tax Book Number: 3801
  • Tax Lot: 25
  • Tax Map Number: 177
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Oct 17, 2016
Sold by
Ouellette Ronald R
Bought by
Schultz Thomas E
Seller's Agent
Pat Long-Cressey
Fontaine Family-The Real Estate Leader
Buyer's Agent
Joan Paladino
CENTURY 21 Advantage
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%
Total Days on Market
12
Current Estimated Value
$336,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,312
Avg. Annual Appreciation
17.25%
Original Mortgage
$63,750
Interest Rate
3.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schultz Thomas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schultz Thomas E $144,000
Closed Schultz Thomas E $63,750
Closed Ouellette Ronald $15,000
Closed Ouellette Ronald $188,000
Closed Ouellette Ronald R $161,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2016 10/13/16 Sold $85,000 -15.0% $37 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $100,000 -- $44 / 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 $3,202 $100,800 $17,880 $82,920
2023 $3,024 $100,800 $17,880 $82,920
2022 $2,873 $100,800 $17,880 $82,920
2021 $2,849 $100,800 $17,880 $82,920
2020 $2,890 $100,800 $17,880 $82,920
2019 $2,914 $100,800 $17,880 $82,920
2018 $2,890 $100,800 $17,880 $82,920
2017 $2,824 $100,800 $17,880 $82,920
2016 $2,776 $100,800 $17,880 $82,920
2015 $2,759 $100,800 $17,880 $82,920
2014 $2,680 $100,800 $17,880 $82,920
2013 $2,665 $100,800 $17,880 $82,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1271103

Maine Listings

APN: LEWI-000177-000000-000125