$387,000
SOLD JUL 22, 2024

13 Newman St Lewiston, ME 04240

-- Bed
3 Baths
2,100 Sq Ft
0.42 Acres

Recently Sold

$184 Per Sq Ft

12% Above List Price

1 Day on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Porch
  • Wood Flooring
  • 3 Car Detached Garage
  • Shed

About This Home

As of July 2024

Welcome to this charming 3-unit apartment building nestled in a prime location near various amenities. This property offers an excellent investment opportunity with a spacious back yard, and a solid rental history. The 3-car garage and large parking area provides ample parking space for tenants or additional storage options. Schedule your showing today!

Offer deadline - May 9th at 2PM

Last Agent to Sell the Property

Cynthia Powell

Realty ONE Group - Compass Listed on: 05/07/2024

Last Buyer's Agent

Veronica Schneider

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,870

Year Built

  • Built in 1930

Lot Details

  • 0.42 Acre Lot
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,100 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 170
  • Assessor Parcel Number LEWI-000174-000000-000170

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $7,050
  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,870

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.42
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2100.0
  • Architectural Style: Colonial, Multi-Level
  • Garage Yn: Yes
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.42
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2100.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: 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
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 3.0
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 34200.0
  • Income Expenses Operating Expenses: 7050.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Other, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lewiston Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18295.2
  • Parcel #: LEWI-000174-000000-000170
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 34200.0
  • Annual Operating Expense: 7050.0

Tax Info

  • Tax Annual Amount: 3870.0
  • Tax Book Number: 9953
  • Tax Lot: 170
  • Tax Map Number: 174
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jul 22, 2024
Sold by
Cross Barbara I
Bought by
13 Newman Llc
Seller's Agent
Cynthia Powell
Realty ONE Group - Compass
Buyer's Agent
Veronica Schneider
Portside Real Estate Group
List Price
$345,000
Sold Price
$387,000
Premium/Discount to List
$42,000
12.17%
Total Days on Market
1
Views
3
Current Estimated Value
$385,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,261
Avg. Annual Appreciation
-0.37%
Original Mortgage
$285,750
Outstanding Balance
$283,834
Interest Rate
6.99%
Mortgage Type
Commercial
Estimated Equity
$101,905

Purchase Details

Listed on
Aug 22, 2018
Closed on
Oct 17, 2018
Sold by
Rancourt Marc A
Bought by
Cross Barbara I
Seller's Agent
Brian DuBois
Keller Williams Realty
Buyer's Agent
Don Kilbreth Deanna Kilbreth
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$169,900
Sold Price
$172,000
Premium/Discount to List
$2,100
1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.06%
Original Mortgage
$168,884
Interest Rate
4.25%
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 Type Sale Price Title Company
Warranty Deed $387,000 None Available
Warranty Deed $387,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,750 Commercial
Closed $285,750 Commercial
Previous Owner $168,884 FHA
Previous Owner $98,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $387,000 +12.2% $184 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $345,000 +100.6% $164 / Sq Ft
10/12/2018 10/12/18 Sold $172,000 +1.2% $82 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $169,900 -- $81 / 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 $4,098 $129,000 $19,800 $109,200
2023 $3,870 $129,000 $19,800 $109,200
2022 $3,677 $129,000 $19,800 $109,200
2021 $3,646 $129,000 $19,800 $109,200
2020 $3,698 $129,000 $19,800 $109,200
2019 $3,729 $129,000 $19,800 $109,200
2018 $3,698 $129,000 $19,800 $109,200
2017 $3,235 $115,440 $19,800 $95,640
2016 $3,179 $115,440 $19,800 $95,640
2015 $3,160 $115,440 $19,800 $95,640
2014 $3,070 $115,440 $19,800 $95,640
2013 $3,052 $115,440 $19,800 $95,640
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cynthia Powell

    Realty ONE Group - Compass

  • Veronica Schneider

    Buyer's Agent in 2024

    Veronica Schneider

    Portside Real Estate Group

    (207) 838-4034

    14 in this area

    119 Total Sales

    Veronica Schneider
    Section Image
  • Brian DuBois

    Seller's Agent in 2018

    Brian DuBois

    Keller Williams Realty

    (207) 344-3230

    35 in this area

    197 Total Sales

    Brian DuBois
    Section Image

  • D

    Buyer's Agent in 2018

    Don Kilbreth Deanna Kilbreth

    Better Homes & Gardens Real Estate/The Masiello Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1588624

Maine Listings

APN: LEWI-000174-000000-000170

Maine Androscoggin County Lewiston 04240

13 Newman St, Lewiston, ME

This home is located at 13 Newman St, Lewiston, ME 04240 and is currently priced at $387,000, approximately $184 per square foot. This property was built in 1930. 13 Newman St is a home located in Androscoggin County with nearby schools including Farwell Elementary School, Lewiston Middle School, and Lewiston High School.

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