NOT LISTED FOR SALE

131 Summer St Lewiston, ME 04240

Estimated Value: $324,000 - $380,000

4 Beds
2 Baths
1,765 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $350,000 $198 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,147/month

2 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • New Englander Architecture
  • No HOA
  • Enclosed Glass Porch

About This Home

As of June 2024

**Charming two unit with garage: Modern Updates Near City Amenities**

Welcome to this beautifully updated two unit, each with 2 bedrooms and 1 bathroom. Perfectly situated close to all the city's amenities yet tucked away from the main road, this property offers both convenience and a quiet street!

**Key Features:**

- **Modern Renovations:** Both units have been thoughtfully renovated with new flooring, insulation, Sheetrock, and paint.
- **Brand New Roof:** Enjoy peace of mind with a newly installed roof.
- **Comfort and Efficiency:** Enhanced insulation ensures energy efficiency and comfort year-round.
- **Updated Interiors:** Each unit boasts contemporary finishes and a fresh, clean look.
** Spacious two car garage!!!

**Location Highlights:**

- **Prime Location:** Close to shopping, dining, entertainment, and public transportation.
- **Quiet Setting:** Despite its proximity to city amenities, the property is set back from the main road, offering a quieter living environment.

This two unit is perfect for those seeking a modern, comfortable home in a convenient location. Don't miss out on this rare opportunity to own a property that combines the best of city living.

Contact us today to schedule a viewing!

Last Agent to Sell the Property

Terri Levesque

Amnet Realty Listed on: 05/31/2024

Last Buyer's Agent

Janice Pompeo

The Maine Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,443

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,765 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Enclosed Glass Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 131SummerStreetLewiston04240

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,270
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,443

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Main St turn onto Riverside St. Summer St .2 miles on left.
  • Above Grade Finished Sq Ft: 1765.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1900
  • 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: 1765.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: 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
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 36000.0
  • Income Expenses Operating Expenses: 7270.0
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, Detached, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, 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: 10018.8
  • Parcel #: 131SummerStreetLewiston04240
  • Zoning: NCB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36000.0
  • Annual Operating Expense: 7270.0

Tax Info

  • Tax Annual Amount: 2443.0
  • Tax Book Number: 11128
  • Tax Lot: 26
  • Tax Map Number: 205
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jun 28, 2024
Sold by
Mohamed Mohamed A A
Bought by
Bullard Elijah
Seller's Agent
Terri Levesque
Amnet Realty
Buyer's Agent
Janice Pompeo
The Maine Real Estate Group
List Price
$330,000
Sold Price
$350,000
Premium/Discount to List
$20,000
6.06%
Views
3
Current Estimated Value
$356,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,013
Avg. Annual Appreciation
0.12%
Original Mortgage
$343,660
Outstanding Balance
$339,581
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$10,925

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 10, 2022
Sold by
Genthner Forrest and Genthner Molly
Bought by
Mohamed Mohamed A A
Seller's Agent
Sherrie Benner
Gardner Real Estate Group
Buyer's Agent
Terri Levesque
Amnet Realty
List Price
$246,810
Sold Price
$274,000
Premium/Discount to List
$27,190
11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%
Original Mortgage
$269,037
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 19, 2018
Closed on
Aug 8, 2018
Sold by
Marquis Raymond A Est and Marques
Bought by
Hook Molly and Genthner Forrest
Seller's Agent
Marnie Dubois
Keller Williams Realty
Buyer's Agent
Sherrie Benner
Keller Williams Realty
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.31%
Original Mortgage
$127,645
Interest Rate
4.5%
Mortgage Type
FHA
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
Bullard Elijah $350,000 None Available
Bullard Elijah $350,000 None Available
Mohamed Mohamed A A $274,000 None Available
Mohamed Mohamed A A $274,000 None Available
Hook Molly -- --
Hook Molly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bullard Elijah $343,660
Closed Bullard Elijah $343,660
Previous Owner Mohamed Mohamed A A $269,037
Previous Owner Hook Molly $127,645
Previous Owner Hook Molly $36,219
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $350,000 +6.1% $198 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $330,000 +20.4% $187 / Sq Ft
06/10/2022 06/10/22 Sold $274,000 +11.0% $158 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $246,810 +89.9% $143 / Sq Ft
08/02/2018 08/02/18 Sold $130,000 +0.1% $75 / Sq Ft
06/19/2018 06/19/18 For Sale $129,900 -- $75 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
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 $3,113 $98,000 $16,560 $81,440
2023 $2,940 $98,000 $16,560 $81,440
2022 $2,793 $98,000 $16,560 $81,440
2021 $2,769 $98,000 $16,560 $81,440
2020 $2,810 $98,000 $16,560 $81,440
2019 $2,729 $94,400 $16,560 $77,840
2018 $2,706 $94,400 $16,560 $77,840
2017 $2,181 $77,820 $16,560 $61,260
2016 $2,143 $77,820 $16,560 $61,260
2015 $2,130 $77,820 $16,560 $61,260
2014 $2,069 $77,820 $16,560 $61,260
2013 $2,058 $77,820 $16,560 $61,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1591653

Maine Listings

APN: LEWI-000205-000000-000026